Dow is up 185, Amazon is down 23. Why the big divergence?
Amazon is overvalued by Wall Street institutional investors, and the hedge funds are shorting.
They’re putting politics first.
They’re removing a number of nonprofits from the Amazon Smile donation program per the SPLC list.
They’re listing a number of conservative top sellers but intentionally hurting their sales by limiting inventory. Oh, great, Joseph Farah has a book up ... and they only stocked a thousand copies or so. Jordan Peterson’s book sells out? You can backorder it, and they take their time shipping it because they don’t want those crazy conservatives reading too much ... oh, and would you like the Kindle version?
They’re systematically purging conservative reviews, and it appears to be by algorithm given that I now know multiple people who bought Jon Del Arroz’s scifi books or the “Alt-Hero” comics and reviewed them and were banned within an hour.
The WND story on the top Christian reviewer who reviewed Farah’s book shows that it is truly systematic oppression - not just Arroz and Day’s works but others, too.
I found out in my case that tech support is sidelining my tickets for the issue. Every time, we promise to fix it within 24 hours. Call back or message three days later. We promise to restore it in 24 hours. The first time they did it, it took 2 weeks of nagging. This time happened within an hour of reviewing the new Alt-Hero comic. But it wasn’t triggered by reviewing kid uniforms, food products, electronic cables. Review that one thing, and boom, it is down again. And back to the generic silence.
What is damning is that I tried a different support path, since the company is still stupid enough to send me emails on “why don’t you review this X that you bought?” Yes, they’re asking me to review stuff though they shut down my reviews. That tech support guy says oh, they put it in this queue, this holding area. No, they’re not working on it.
Reviews are the lifeblood of ecommerce. This is what increases the odds you’ll sell a product, whether it is a high review or a large number of reviews. At the opposite end of the spectrum, a few negative reviews will kill the sale. They are INTENTIONALLY hurting sales of conservative content because they are putting political dogma ahead of profit.
Another weird one was the flagging of Moira Grey Peatland’s harp music as “explicit” after she published her book “The Last Closet” condemning the homosexual lifestyle. It took months for them to fix that.
Because those in the know...
Say it’s time to go
There is a lot going on behind the scenes at Amazon that I have experienced and spoken with them about. Not that I wanted to but things just came together
Bezos has outkicked his coverage, and it may coming back to bite him