Big Amazon News Tanks Stock – And It Won’t Recover
Ever wondered how credit card companies make money?
They have many revenue streams, but there is one that retailers have been rallying against for years: payment fees. For every purchase you make with a credit card, the card company takes a cut to the tune of 0.5% of your total purchase.
Which doesn’t sound like a lot, but when you add up the thousands of dollars spent every day on credit cards, that 0.5% cuts deep into retailer earnings – and Amazon Inc (Nasdaq: AMZN) decided it won’t stand for it any longer.
In today’s video, I’m telling you what this means for you, and I’ll give you four new plays to go with it.
Just click the video below to start.
I hope you enjoyed today’s BS.H. If you have any stocks you’d like me to analyze next week, please drop me a line at firstname.lastname@example.org.
Have a great weekend,
P.S. Before I forget, I need to let you in on something big I’m releasing on Nov. 30. I’m going live to review ten stocks – five screaming buys and five others to keep off your portfolio for good. I’d like you to join me for this special event. You can click here to RSVP and get four bonus picks.