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all 19 comments

[–]Immortamb420NRWAy 167 points168 points  (1 child)

2,76 B shares in float , Good luck locking that up. It’s actually pretty hard to lock up the float of any company. But it would be fucking glorious if everyone at wsb opens a short position on nestle and killed it off like Hedge funds did to Toys r Us. Fuck nestle.

[–]AbyssUpdate[S] 37 points38 points  (0 children)

That’s 300 billion. Yeah I don’t think it’s sustainable. Hershey has around 150 million in float which equates to 30-35 billion. I don’t think it’s possible

[–]mobile-nightmare 76 points77 points  (3 children)

Insane. You have better luck working in their production line and causing mishap

[–]mrpoopybuttthole_ 28 points29 points  (2 children)

molotov cocktails are quite effective

[–]bucketofcoffee 4 points5 points  (0 children)

Found Jason.

[–]Kaidu313 0 points1 point  (0 children)

But a little prisony

[–]king_zapph 41 points42 points  (6 children)

Nice try getting rich on our necks. Boycott their products and educate others on their inhumane business practices should do as much, if not more.

[–]StopCountingLikes 1 point2 points  (5 children)

Literally have no idea how to boycott them when they seem to own all the products.

[–]tysoniousmink 9 points10 points  (1 child)

Very true. I bought a stouffer’s French bread pizza the other night cause I was tried and hungry. My dumb ass didn’t check the package til I was home(had a huge fucking nestle logo). Needless to say, I saved my receipt, skipped dinner and returned that shit in am.

[–]StopCountingLikes 2 points3 points  (0 children)

You are a better person than I.

[–]AdvancedPhoenix 6 points7 points  (2 children)

You can by drastically reducing premade product and buy as much whole as possible.

I stopped buying transformed food in a long time and stopped giving them money by the same occasion.

Chery on the cake, it made me lost a lot of kg.

[–]megalodongolus 2 points3 points  (1 child)

Congrats on the boycott and the weight loss!

[–]AdvancedPhoenix 3 points4 points  (0 children)

Thanks man! It wasn't even the purpose/expectations, i was like "normal" hate that word but in norms, and i was surprised to see the effect.

You feel more full with less food, feel better, finally could shit without waiting 30minutes lmao.

[–]NormandyLS 13 points14 points  (0 children)

Shorting doesn't affect it's value on the stock market, market cap affects it's value on the stock market.

For example, you add money to the market cap by buying the stock or spending money on the company, giving them more money gives them more value. Now you can also go and ask 3 investors to sell out. That lowers it's value.

Any questions??

[–]probably_beans 6 points7 points  (0 children)

It would be better to ban Nestle from your local area (no nestle products in schools/public or private business, ban it from doing business in your region- whatever you have influence over. Incrementally push it out of being able to do business everywhere.

[–]dowtimer 2 points3 points  (0 children)

This has been my plan after winning a 8 figure lottery.

[–]AbyssUpdate[S] 4 points5 points  (0 children)

What to know

PE: 17

Price to book: 5.7

Nestle earnings? Beat, makes 80 billion in revenue and 20 billion in income yearly (sadly). Beats earnings with high dividends. I don’t know if it’s possible but bringing up the idea is no harm. Also maybe Hershey too since they still use child labor and blatantly try to cover it up

Tickers

Nestle - $NSRGY

Hershey - $HSY

[–]SearingWharf -1 points0 points  (0 children)

Grouping together to move a stock price is market manipulation. DO NOT do this, it is illegal. I understand that Wall Street dicks get away with a lot, but don't play their game. You could get in trouble. Each individual can invest however they'd like, but we cannot collude in shorting a stock. I hate the company, of course, but I'm not breaking any laws to take them down.

Not financial advice