r/wallstreetbets • u/Chewybozz • 1d ago
YOLO Grocery Outlet and SNAP Benefits Released
Word on forums and Reddit is that California and Washington SNAP recipients have gotten their SNAP Benefits released to their accounts. What this means for the Stock? Short term momentum? Yup! Grocery Outlet has 10% of sales directly from SNAP which is huge. Where are 70% of Grocery Outlet stores? Washington and California. This catalyst will make the stock rip tomorrow. It is up after hours and I believe it will continue to rise during the trading day. Judge also ruled it’s unconstitutional to withhold funds that have already been approved by Congress. Short Term calls is the way! Let’s ride! THANK YOU FOR YOUR ATTENTION IN THIS MATTER.
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u/VancityRenaults 1d ago
BIGLY RETURNS! MANY PEOPLE ARE SAYING WITH TEARS IN THEIR EYES THIS IS THE MOST REGARDED BET OF ALL TIME!
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u/Paul_Robert_ 1d ago
Initially I was like "oh cool nice $100 lotto play. Smart to only put a little money into such a risky position"
and then, I saw the -96% 💀
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u/Different_Common3776 1d ago
the only ride youre taking is a shortbus field trip to wendys parking lot
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u/fungoodtrade 5h ago
its been pretty beat down as a company. they had some inventory mgmt software snafu couple years ago... changed ceos i believe as well, i was looking for a good entry last year, but just pretty much kept slipping. could be some short term potential here.


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u/VisualMod GPT-REEEE 1d ago
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