WEBVTT - Cliff Notes: WHAT DOES AMAZON'S STOCK SPLIT MEAN?

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<v Speaker 2>Made up Instagram posts about this a few weeks ago,

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<v Speaker 2>and then spoke about this on Market Mondays when Google

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<v Speaker 2>announced is stock split and I made an Instagram post,

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<v Speaker 2>you know, one of those green screen things that everybody's doing.

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<v Speaker 3>Now. By the way, cybar so.

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<v Speaker 4>Gonna be diplomats, right, you have to talk with me

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<v Speaker 4>with the London.

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<v Speaker 5>Calling out name writer. We gotta be we gotta be diplomats.

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<v Speaker 5>Come on, We're not doing that.

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<v Speaker 2>But yeah, it was saying that you know, it could

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<v Speaker 2>lead to Amazon, a stocksplat from Amazon.

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<v Speaker 3>We talked about the market Monday's.

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<v Speaker 6>And lo and behold, Yeah, Lo and behold.

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<v Speaker 2>It's on record, so see you can see that it

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<v Speaker 2>was documented on Market Mondays, Lo and behold. Last week

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<v Speaker 2>Amazon announced a twenty to one stock split.

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<v Speaker 7>The first thing I did was I think I called

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<v Speaker 7>you first, and then I called I called it Ian.

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<v Speaker 7>I'm like, yo, remember this man, when when when Bezel

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<v Speaker 7>stepped down, this was the opportunity we got a new

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<v Speaker 7>new CEO. This might be a new opportunity for him

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<v Speaker 7>to say, all right, this is a great chance for

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<v Speaker 7>us to get more investors inside the company.

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<v Speaker 6>And lo and behold the day came. Yes, my stock

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<v Speaker 6>of the year.

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<v Speaker 2>So Amazon. All right, so Amazon, so let's talk about

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<v Speaker 2>everybody wants to probably know about this situation, which isn't

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<v Speaker 2>mean doesn't mean the stock is going to go out.

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<v Speaker 2>You know every time a stocksplat is the same conversation.

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<v Speaker 2>So Amazon. And it was interesting because when Google split,

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<v Speaker 2>it was Amazon was the last thing, last big tech

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<v Speaker 2>company to have a four digit stock price, and you know,

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<v Speaker 2>it was rumors that, you know, that could be the

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<v Speaker 2>next stock to split. And they ain't even they an't

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<v Speaker 2>even waste too much time. They a couple of weeks

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<v Speaker 2>later they stay announced that their stock split. So what

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<v Speaker 2>does this mean for Amazon?

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<v Speaker 6>It means exactly what we thought with the other ones.

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<v Speaker 7>Right, Like, when I look at Amazon stock, if a

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<v Speaker 7>retail investor looks at Amazon stock and see that thirty

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<v Speaker 7>two hundred is not as appealing, right, That feels like

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<v Speaker 7>I can't afford it, or I'm going to have to

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<v Speaker 7>get a fractional share. With the split twenty to one,

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<v Speaker 7>which is a pretty large split. Now you're looking at

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<v Speaker 7>maybe one hundred and thirty dollars a share, and more

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<v Speaker 7>enticing for a retail investor to get involved. It also

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<v Speaker 7>is important if you go back to the Josh Brown episode,

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<v Speaker 7>the last last time he was on market Monday, is

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<v Speaker 7>he talked about why these companies break down and split

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<v Speaker 7>and get to these numbers in the hundreds, right, so

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<v Speaker 7>they could be included in the dal Jones. It was

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<v Speaker 7>an excellent explanation. If you haven't seen it, go check

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<v Speaker 7>that out. But that also is a factor in as well.

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<v Speaker 7>But I just want to make sure that everybody's clear

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<v Speaker 7>that nothing changes fundamentally inside the company. It's just the

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<v Speaker 7>price has changed, right, And so I always explain it

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<v Speaker 7>as if somebody had a five dollar bill or five singles,

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<v Speaker 7>do you still have five dollars? Essentially you do, right,

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<v Speaker 7>it's just in a different form. And so when you

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<v Speaker 7>look at a stock, go from three thousand down to

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<v Speaker 7>one hundred or two hundred. It's pretty much the same thing.

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<v Speaker 7>It's just that now more retail vestors can now piling

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<v Speaker 7>into the stock. They also bought back ten billion dollars

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<v Speaker 7>what was it, ten billion worth of stock. Yeah, So

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<v Speaker 7>like these type of moves when you start seeing things

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<v Speaker 7>like this happen, and it was like, Yo, this is

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<v Speaker 7>why I was saying this. I didn't even take this

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<v Speaker 7>into account when I was saying that, you know, Amazon's

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<v Speaker 7>gonna be my SoC of the year. I was looking

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<v Speaker 7>at all the fundamental things, but like, this is one

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<v Speaker 7>of those things. Obviously, the market is in the downtren

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<v Speaker 7>right now is the nastak is in a downtrend. But

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<v Speaker 7>long term, this is why I'm like, all right, gotta

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<v Speaker 7>get Amazon. Gotta get Amazon.

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<v Speaker 6>On top of.

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<v Speaker 7>Being the number one e commerce is going to be

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<v Speaker 7>the number one shipping company, passing Ups and FedEx in

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<v Speaker 7>the next this year. There's just so many things that

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<v Speaker 7>I feel like Amazon is just like going to be

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<v Speaker 7>this incredible company that it already is and it's going

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<v Speaker 7>to keep building upon it.

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<v Speaker 8>Yeah.

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<v Speaker 5>Before the last fifteen months, every week somebody in stock

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<v Speaker 5>club is like, man, why do you keep Amazon as

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<v Speaker 5>a retirement pick. I'm like, just wait, put yes and chat.

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<v Speaker 5>Some of y'all are killing me, man, are you sure?

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<v Speaker 5>I'm like, give it time, Bezos. For those of you

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<v Speaker 5>who don't know, he came from the hedgehot industry, so

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<v Speaker 5>there's a calculated reason why he didn't wanted to split.

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<v Speaker 5>But with the new executive it gives him a great advantage.

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<v Speaker 5>Like you said, it goes into the dal Jones. And

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<v Speaker 5>then of course it's one of like it's in my

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<v Speaker 5>top ten businesses as well. So like Apple, Microsoft, Google,

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<v Speaker 5>Saudi Aramico, Amazon, they're in that list of companies that

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<v Speaker 5>if I have to, like put my life on the line,

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<v Speaker 5>I would invest money with them.

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<v Speaker 8>So continue to hold them for the long term. They'll

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<v Speaker 8>be great.

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<v Speaker 5>And then me and me, I'll see a question. We'll

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<v Speaker 5>talk about mydnea tonight on the stock club call. But yeah, Amazon,

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<v Speaker 5>it's gonna be great for another ten or fifteen years.

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<v Speaker 8>Easily hold on to it.

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<v Speaker 3>When is the stocks Did they give a date?

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<v Speaker 8>I don't know the date off the top of my head.

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<v Speaker 6>Yeah, I'll get the question is gonna be when should

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<v Speaker 6>I buy Bight after.

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<v Speaker 5>We're gonna give a clean answer, Mike clicks us up.

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<v Speaker 5>If you haven't bought it yet and you can't afford

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<v Speaker 5>it in the two thousands, wait till after, and then

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<v Speaker 5>put it in one of your core holdings. That's been

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<v Speaker 5>like a little secret in stock Club. It's been in

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<v Speaker 5>the retirement picks forever. Amazon's one of the ones red Pan.

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<v Speaker 5>The police put red Pan in Chat so they can

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<v Speaker 5>see that I'm not lying to capping, even though this

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<v Speaker 5>crystal ball is going bright in the background.

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<v Speaker 4>Listen, if we all called it unanimously.

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<v Speaker 3>I mean, yeah, Amazon can't can't go wrong with Amazon Earners.

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<v Speaker 6>What's up?

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<v Speaker 7>works like the checkout is fast, the receipts are digital,

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<v Speaker 3>Sponsored by the United States Department of Homeland Security. Good good,

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<v Speaker 3>good move to split his stock.

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<v Speaker 2>I feel like that's only going to, you know, drive

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<v Speaker 2>a lot more retail money into it, and just by

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<v Speaker 2>the law of numbers, right, It's like a stock is

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<v Speaker 2>two thousand dollars on three thousand dollars, like you know,

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<v Speaker 2>for it to get to six thousand dollars a big

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<v Speaker 2>increase of only four hundred percent with you know, something

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<v Speaker 2>is one hundred and twenty dollars, you know goes to

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<v Speaker 2>two hundred and forty dollars. That's a lot more feasible.

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<v Speaker 2>Apple has split a variety of different times throughout the

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<v Speaker 2>course of their history. Google just split, Testless split last year.

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<v Speaker 2>Amazon is about to split some video. Yeah, it just

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<v Speaker 2>makes sense run.

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<v Speaker 5>It out on Disney too, because now me but because

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<v Speaker 5>now when you have to pick between the two, since

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<v Speaker 5>the price is cheaper, now you're going to have to say,

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<v Speaker 5>it's like getting Lebron at five million a year. I

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<v Speaker 5>may like Pat Beverley at five if I can get Lebron. Though,

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<v Speaker 5>now you have to make some tough decisions about what

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<v Speaker 5>I'm what am I going to have in my portfolio?

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<v Speaker 5>If I'm going.

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<v Speaker 8>Based on price that I have available, you have a

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<v Speaker 8>superstar available for pretty much a rookie contract. Your portfolio

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<v Speaker 8>hard to turn down.

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<v Speaker 7>They're doing something interesting with their streaming service right now.

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<v Speaker 7>So Disney Plus and they kind of announced it like sublimately,

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<v Speaker 7>but they're going to be having different tiers now. So

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<v Speaker 7>like if you have Disney Plus, you know, you just

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<v Speaker 7>played that one tier or the tier that gives you

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<v Speaker 7>ESPN and they all these other things. But they're gonna

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<v Speaker 7>have another tier where you can have advertisement or non advertisement.

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<v Speaker 7>So that's just another revenue stream on top of what

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<v Speaker 7>they're doing. Streaming service is doing incredible, it's almost I mean,

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<v Speaker 7>it's gonna catch Netflix within the next three to five years.

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<v Speaker 7>But having that ad service in it now you're talking

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<v Speaker 7>about more revenue on top of the parks opening.

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<v Speaker 6>I just saw that Disney Paris. Disney Paris reopened.

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<v Speaker 7>So it goes my good company Disney again. The stock

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<v Speaker 7>split for Amazon though May twenty seventh, it goes in

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<v Speaker 7>effect May twenty seventh, so that's when it'll split.

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<v Speaker 2>There you have it, Ladies and gentlemen, China stock stuff

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<v Speaker 2>is worst sell offs in two thousand and eight. It's

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<v Speaker 2>now a good time to buy.

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<v Speaker 3>China China.

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<v Speaker 7>I mean, I think we can't talk about whether to

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<v Speaker 7>buy or not until we understand why it hit its

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<v Speaker 7>lowest points in two thousand and eight. So obviously, and

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<v Speaker 7>if anyone wasn't paying attention COVID. COVID is back in China,

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<v Speaker 7>and so they closed down factories. So they closed down factories,

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<v Speaker 7>which led to the cell of But so I mean,

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<v Speaker 7>obviously the way they handled COVID in the early stages

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<v Speaker 7>was a lot different than we did, and so they

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<v Speaker 7>weren't they didn't have the type of outbreak. But there

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<v Speaker 7>are certain cities right now in China that are noticing outbreaks.

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<v Speaker 3>And so what's happening is the cities.

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<v Speaker 6>Well Shen'sen Shen's Hand, which.

0:11:23.440 --> 0:11:25.720
<v Speaker 7>Is was is key for a lot of technology companies,

0:11:25.920 --> 0:11:29.360
<v Speaker 7>including Apple. I think one fifth of the production happens

0:11:29.360 --> 0:11:32.600
<v Speaker 7>in the city. And so since there's an outbreak, they've

0:11:32.720 --> 0:11:34.520
<v Speaker 7>closed down factories for six days.

0:11:34.520 --> 0:11:35.040
<v Speaker 6>That's the minimum.

0:11:35.040 --> 0:11:37.200
<v Speaker 7>They got to close them for six days and anything.

0:11:37.240 --> 0:11:39.960
<v Speaker 7>If they don't see numbers changing, then they extended. And

0:11:40.000 --> 0:11:42.679
<v Speaker 7>so you shut down production for six days, shut down

0:11:42.679 --> 0:11:45.000
<v Speaker 7>a lot of business for a lot of companies. And

0:11:45.040 --> 0:11:48.719
<v Speaker 7>so you know, the the market got hit, Shansen got hit.

0:11:48.960 --> 0:11:52.840
<v Speaker 7>So you're looking at a bunch of sectors and including

0:11:52.960 --> 0:11:55.880
<v Speaker 7>like gambling and travel companies as well.

0:11:55.960 --> 0:11:58.359
<v Speaker 6>Right, so it's interesting.

0:11:58.080 --> 0:11:59.760
<v Speaker 7>Like we're looking at it here in New York, Like

0:12:00.000 --> 0:12:02.600
<v Speaker 7>I know, since we've been back in over the past

0:12:02.640 --> 0:12:03.959
<v Speaker 7>week or so, it's like, all right, well, you know,

0:12:03.960 --> 0:12:05.520
<v Speaker 7>it feels like it's a little bit it's kind of open.

0:12:05.920 --> 0:12:08.880
<v Speaker 7>And so they hear COVID and hear China again. I'm like, nah,

0:12:09.360 --> 0:12:09.880
<v Speaker 7>not again.

0:12:10.280 --> 0:12:10.720
<v Speaker 6>We can't.

0:12:11.240 --> 0:12:14.319
<v Speaker 5>Don't do this, I mean, and once again, we are

0:12:14.600 --> 0:12:17.959
<v Speaker 5>one of the few countries that less the companies run

0:12:18.880 --> 0:12:21.920
<v Speaker 5>our country. And also too, when you guys are investing

0:12:21.960 --> 0:12:25.240
<v Speaker 5>in Chinese companies, even in publicly traded markets, you need

0:12:25.280 --> 0:12:27.559
<v Speaker 5>to make sure that you're actually owning shares of that

0:12:27.679 --> 0:12:30.040
<v Speaker 5>company and not offshore accounts.

0:12:30.080 --> 0:12:31.800
<v Speaker 6>That is a fact.

0:12:32.960 --> 0:12:33.160
<v Speaker 3>Now.

0:12:33.280 --> 0:12:35.560
<v Speaker 7>That is something like when the fine print when you

0:12:35.640 --> 0:12:38.280
<v Speaker 7>try to buy shares of these companies, like if you

0:12:38.320 --> 0:12:40.120
<v Speaker 7>try to buy shares of Ali Baba, look at the

0:12:40.160 --> 0:12:42.400
<v Speaker 7>fine print and what you're actually getting.

0:12:42.840 --> 0:12:45.680
<v Speaker 6>I don't want to bring up the looking but I will.

0:12:45.720 --> 0:12:46.040
<v Speaker 6>I will.

0:12:46.480 --> 0:12:49.000
<v Speaker 7>When I did look at Coffee, I looked at the

0:12:49.080 --> 0:12:51.440
<v Speaker 7>fine line and I looked on and I'm like, wait,

0:12:51.480 --> 0:12:53.280
<v Speaker 7>I'm actually not buying shares of the company.

0:12:53.280 --> 0:12:54.520
<v Speaker 6>I'm buying like well.

0:12:54.840 --> 0:12:56.880
<v Speaker 7>And so like that like doing that type of homework

0:12:56.880 --> 0:12:59.840
<v Speaker 7>we're doing every let me do all right, well, Okay,

0:13:00.480 --> 0:13:01.360
<v Speaker 7>here comes the rug.

0:13:02.800 --> 0:13:05.080
<v Speaker 4>Do you or do your right rest in peace?

0:13:05.120 --> 0:13:05.560
<v Speaker 8>Pop smoke.

0:13:05.720 --> 0:13:08.200
<v Speaker 4>Listen when we say do your own research, go look.

0:13:08.679 --> 0:13:12.120
<v Speaker 5>This isn't a conspiracy theory either, like go look and

0:13:12.160 --> 0:13:16.080
<v Speaker 5>see when you actually buy what you're getting, you have

0:13:16.160 --> 0:13:19.240
<v Speaker 5>to be very careful. And then the way that government

0:13:19.320 --> 0:13:23.040
<v Speaker 5>runs their country is how most countries are ran, so

0:13:23.120 --> 0:13:25.280
<v Speaker 5>you have to be careful. And then when Jack Majus,

0:13:25.480 --> 0:13:27.120
<v Speaker 5>you know he went to his meditation retreat for a

0:13:27.160 --> 0:13:30.360
<v Speaker 5>few months, that was indicative of what's to come.

0:13:30.520 --> 0:13:30.679
<v Speaker 4>Now.

0:13:30.720 --> 0:13:33.800
<v Speaker 5>If Ali Baba those twenty percent underneath it is all

0:13:33.840 --> 0:13:36.320
<v Speaker 5>time low, I would definitely take a look at it.

0:13:38.320 --> 0:13:43.559
<v Speaker 5>My graduates from my school being forced bad drop bag drop,

0:13:44.160 --> 0:13:46.560
<v Speaker 5>Mike drop bad drop drop.

0:13:57.400 --> 0:14:01.320
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