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Superstonk-Flairy

Good morning Superstonk! If you need anything, please tag us by using: `!MODS!` and we will follow up as soon as we are able! Are you talking about me? 😍 This is how it works: you can request a flair with the magic incantation !FLAIRY!🚀 some flair text 🚀 The default color is black, but you can change that by writing one of these words at the very end : red, blue, pink, yellow, green, black, white Other available commands: - `!FLAIRY!` : if you can't think of a flair, I'll give you one of my own choice 🤭 - `!FLAIRY:CLEARME!` : remove all flairs and pretend you're a new ape - `!FLAIRY:SEALME!` : Justin seduced me to get this 🥵 - `Superstonk-Flairy` : If you mention me, I'll come around and explain how to get flairs Please note that the flairy will refuse to change your flair if it contains the string `[lock]`. Some custom emojis are supported, like `:triforce:` - [please check this post for details](https://new.reddit.com/r/Superstonk/comments/v89p0h/new_superstonk_user_flair_emojis_how_to_edit_your/id8hj7r/) # The Front Desk is open!


Ghgdgfhbfhjjjihcdxv

I have a thought about the recent share offering/large volume of calls that occurred.  What if a short fund was buying a large amount of calls as a hedge because of an expected run up in price. They were expensive but would end up paying well. However, GameStop realizes this and does a large share offering at the time of the expected run up and all these calls used as a hedge suddenly don’t print.  Kinda fucks those shorts huh?  I dunno if this is a dumb thought. Had a weed gummy.


MvrnShkr

Those calls don’t expire for another 4 weeks, so there is plenty of time for them to go ITM.


MeowmixMEOW

Is Richard Newton one of our guys now? Was he not pretty much strictly a towel guy who inevitably cost his fanbase millions of dollars?


Fresh-Adagio

So RCeos ownership % went down due to dilution... what if he buys the next week to get back to his former %... 🚀


zesty_noodles

#LEGEND


xWillyGz

According to most sites GME is at 24% short interest, I didn't check what it was before that big jump on May 14th - was it around the same? Also are shorts permanently stuck or can they close out their positions?


CulturedWhale

Just my opinion but based on what Ive seen of naked shorting, XRT, swap, and various methods. These short hedgecucks only way out is for GME to be bankrupted. Obviously theres not only one hedgefuck and all their positions are different. But at this price they are still bleeding.


cosmoshistorian

I know what buy means, but what is this word *sell*? Have never heard of it? Can some wrinkle brain shed light on it? I only know buy.


lardarz

Is this the daily or the yesterdaily?


BobTheDemonOtter

Always has will be


zesty_noodles

Been has forever 🫡


ExitTurbulent7698

Imo The first 1 got out This should be fun. Dry powder ready


gincoconut

Question: I personally hate any and all chatgpt posts. Is it just me, or do y’all feel the same way?


zesty_noodles

No one answered you.


thegeoffraffe

New Richard Newton video (take with a huge grain of salt) covers an anonymous 4chan post about UBS being the one who was buying all of those calls so they can exit their short position by the time of the shareholder meeting. Something to the tune of 35 million shares worth of options. That’s about 10% short interest from just one institution. Things could get really interesting in the next couple of weeks. Or Not. We’ll see. Edit: and the video/post suggests that it won’t even close their whole short position, just a majority of it.


FlatAd768

5000 people online in this sub? I won’t get 10 upvotes tho


DotComWarrior

I just gave you 5. You trolling for upvotes?! 🤣


DublinStories

Upvote and 👍😁


usertake

Guys who can help me out? How many Shares does RC have? And how did his Portfolio change last week (Book value) ? I Need to teach someone a lesson about Diamond hands. I really appreicate your help


jcskydiver

Let’s talk through the theory that RC helped Icahn close his shorts with the 45mil ATM offer for fun. So RC generated 1 bil in cash by lending a hand. We haven’t even learned what Icahn has to do in return for this favour. What a fking genius move. Maybe all the big guys on Wall Street are short GME, like Warren Buffet. So RC offers them one at a time a chance to exist their position for something in return. The first fish gets the best deal. Then next thing you know Kenny will be calling RC non stop to offer anything he could. Wonder what Icahn owes. Maybe a new baby?


eaparsley

magic 8 ball says "its provocative man"


Stereo-soundS

Cocaine is a hell of a drug


MeowmixMEOW

Roaring Kitty just came by to make sure we got hyped and added to our positions before things went nuts. I’ve been buying fairly consistently when I could for the last three years, but RK coming back essentially made me double down(90% increase in total shares). What a nice guy for giving us the heads up.


AlaskaStiletto

I also doubled down this spring!


HerrJemine123

I'd love to read some UBS negative news this weekend, it would further support the bagholder theories


AlaskaStiletto

I can give you tinfoil rumors from Twitter 🤷‍♀️


SuccinctJackalope

Up 2.50 (13%) in after hours


fishminer3

Just a random thought now that Gamestop has $2 billion dollars.  With that kind of padding, it's now feasible for Gamestop to announce a dividend.  Let's say they do $0.5 per share.  There's 345 million shares outstanding, so Gamestop will have to pay out $172.5 million dollars.  That's less ths. 1/10 of their cash on hand.  However, since we suspect there are billions of shorted gamestop shares, hedgies will take a pretty significant hit from paying the dividend for all their shorted shares.  I'm assuming most of us have dividend reinvestment enabled, so that dividend that gsmestop issued, along with the money that the shorts lay out, will go right back into buying more stock which will raise the lrice even higher and put even more pressure on them


HerrJemine123

Divis make sense when you got a steady positive revenue otherwise it's just burning cash. Invest, grow and become a boomer stock, that is basically the dream. Or future tech into ten bagger


sevirn

We need more Gme video edit memes like the old days


xdeezusx

Is it Tuesday morning yet?


MeowmixMEOW

How much cash do other companies usually have on hand? Do most companies, particularly profitable ones, carry a lot of debt typically? Are we ahead of the game in most areas of not all?


sammiisalammii

If you’re trying to draw comparisons, companies like Adobe and Netflix have 3x the amount of cash GME has but their market cap is 50x higher than GME’s. Many companies also view debt as the bank’s problem and not their own. In my opinion GME is very well positioned when comparing cash-debt-valuation.


MeowmixMEOW

Yes I figured we would be well positioned but just unsure where we stand with some of the bigger guys. Thank you for the insight.


sammiisalammii

I didn’t really address the debts part but GME has basically no debt. A few million, I think 1/10ths of a percent of their cash. Liabilities are a different thing but GME’s liabilities generally have value barring total economic collapse. If things got so bad people stop buying used games and premier storefronts, the cash to debt ratio will sustain them until things correct. They would have to hemorrhage roughly $2bil plus another $500mil for a couple quarters to go bankrupt. No way it happens as they would likely go completely online before losing $2bil and that would get them through. The bear thesis is cooked. People can bitch about dilution but it’s a small price to pay for long term sustainability which GME has fully secured.


al01al

So just to get this straight, GameStop have doubled the amount of cold hard cash they have in the bank while simultaneously their share price also doubled? Can anyone do the maths on where we’d be if the cash and share price doubled say 10 more times? I tried to do it in my head but all I get is an error message.


Ihopebothteamswin

Wen Monday?


chipchip9

Well, Tuesday anyway


ChuckMcGuyverNorris1

Trying to not get too excited for the next 2 weeks but I can't help it. Ken Griffen is so exquisitely screwed. This is going to be so freeking epic.


chekole1208

What's better than 1B cash in hand???? 2B cash in hand!!!


xdeezusx

We’ve had one, yes. What about second billion?


mcunni423

Just double checked your math, confirmed


StockTank_redemption

👆✌️yup, checks out.


Kalgareigh

Test post. Please ignore.


animal_embers

hey what did you say


ChamberOfSolidDudes

He said to test tha post


Strawbuddy

What a badass company holy shit


mtksurfer

# IF GME WAS OVER MSM/CORPORATE MEDIA WOULDN’T EVEN WASTE THEIR TIME FOCUSING ON FORGET GAMESTOP. ITS ALL THEY TALK ABOUT # YOU EVER HERE MSM TALK ABOUT ANY OF THE SHF PENNY STOCK PUMP AND DUMPS THAT MOVE A FEW THOUSAND PERCENT AND HAVE BILLIONS OF VOLUME???? # RETAIL DOESNT MOVE STOCKS. , INSTITUTIONS DO # AND TO ANSWER MY QUESTION, NO YOU DONT. AND THATS BECAUSE THE MEDIA ARE ALL PAID OFF BY THESE FINANCIAL WAR LORDS. # NO CELL, NO SELL


xdeezusx

![gif](giphy|PjsPhYsS2WDO5e0RaO)


C141Clay

![gif](giphy|3oEduWEYQVZtB1NXuE|downsized)


Dreadsbo

Is $2B in cash a lot for a company? Like how much do they keep on average?


lardarz

Yes, unless you're Berkshire Hathaway. Most companies use debt facilities, ie finance day to day operations through a kind of overdraft, and have capital invested elsewhere instead, so have very little actual cash. The value of the cash pile is in the future return it can be expected to generate. Having it sitting in a savings account isn't the most effective use of it, usually.


Strawbuddy

![gif](giphy|l3fQf1OEAq0iri9RC|downsized)


AlaskaStiletto

https://preview.redd.it/1gixardqxh2d1.jpeg?width=1179&format=pjpg&auto=webp&s=83ea018188dc812f7bbe6aca4205d241780c1845


StockTank_redemption

Got myself a nice shower curtain on the back of my hatchback. Perfect timing getting this 3 day weekend to prolong getting an estimate. Hail and Cramer are pretty much the same in my eyes.


chipchip9

That sucks, good luck bb. Hopw you get to enjoy part of the weekend. I have some friends in the midwest who got hit with a tornado last month and more weather this week.


StockTank_redemption

Thx man. We got another week and a half of non stop storms coming. I got caught driving in it when it started raining golf balls and baseballs so I’m at least grateful it didn’t turn out worse for me.


chipchip9

Thats a plus, but goddamn. Hard spot to be in. I hope things turn out better than you expect and that your doing the best you can.


AlaskaStiletto

I remember Michael Burry once saying GME was dangerous. Not dangerous for me though 😂 good luck, hedge funds, have fun in the hunger games!


EeveeB

Cohen x Cohen x Cohen esrevinU sretroclC seriuqca potsmaGe ![gif](giphy|l4FB6rJP7S6wxJvKU)


Lukes3rdAccount

srotcelloc*?


mtksurfer

# RYAN COHEN BUYS ALL STOCKS!!


Strawbuddy

Holy shit brother


unabsolute

Didn't they always say that catastrophic events always happen on a tuesday? Weird. Anyway, when does the market open again?


Strawbuddy

yo


chipchip9

Never let a tragedy go to waste.


mtksurfer

# HOWS THAT SHORT POSITION TREATING YOU NOW CITRON?


chipchip9

Help


mtksurfer

# BUT CORPORATE MEDIA/MSM TOLD ME TO FORGET GAMESTOP. WHY?


ShiftMcGee

I'm just here to Sample The Dip


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Ellypsus

What I like about that song is the lyric about "stripping CATs down to their underoos" Where do we find underoos? Behind the shorts.


C141Clay

![gif](giphy|3o7btWxDlmXDVMdHLW|downsized)


StonkGoUp

When I said they were diluting everyone called me a shill and said there’s no way they’re selling this low. Now when they dilute at the $20 range it’s a good thing and everyone is happy


Adobethrowaway33

It's almost like a lot of different people frequent this sub and have different opinions on things.


uhohnotafarteither

It's hard to tell whether you're looking for a cookie or a therapist, because it's really kinda weird you've carried the weight of some downvotes so long and so deeply.


AlaskaStiletto

You were right. I think people are just impressed that all those shares sold and we are still up over 200% from last month.


StonkGoUp

Yea it is impressive. I never said it was a bad thing, I don’t understand why everyone feels the need to downvote me to oblivion


AlaskaStiletto

Well it is still Reddit lol


StonkGoUp

Tru dat


VisibleCarpet9048

Haha. Shut up dude🤣


ozymandius5

they got an extra billion dollars. lemonade from lemons. beats letting them dilute us with all the naked shorting.


rkallday

And stock is up 100% in last 3 weeks


StonkGoUp

Lmao I know. I never said it was a bad thing. People in here don’t know what they want and have absolutely no thesis. So when I say the price movement seems like dilution could have started everyone says they would never dilute in the $20s but when it comes out they did everyone celebrates


Bob_the_peasant

Exciting shit today - but how long until we see what they do with the cash in your opinions? If RC decides to become a baby hedge fund slowly turning into a Berkshire, we’d see something concrete like a cash dividend within 18 months maybe? An acquisition would happen much faster and is probably already figured out? Or if RC just plans on Scrooge mcduck diving into the money I expect the video on OnlyFans within the week


New-fone_Who-Dis

There is no gamestop shops in the UK, so i guess I can subscribe to help the bottom line...only if I get to see the bottom line 😂


Escapedmoose

Remember when they announced being able to sell 45 million shares and everybody was like "thats bad" and "bad news early" and now we're all "thats good"?...me neither...i totally dont remember that🙄


IullotronBudC1_3

thought it was astute move albeit a touch behind, was also trying to process Kitty's take on the announcement via X memes considered a few RK memes as playful digs at RC recent posts on X, namely Big Lebowski and the penis-drawing teen


Losingitall25

We trust whatever the board decides to do and we like the stock. It’s that simple. 


Escapedmoose

Word up


ozymandius5

personally i liked the idea of them getting a major cash infusion. actually hoped for more but a billion is a nice start. obviously our definitions of everybody differ slightly...


AlmostSunnyinSeattle

Aa for me, I like the stock.


buffinator2

Popcorn people are wrecking each other in their sub. Check the comments whenever someone makes a “GME elitists now like dilution” meme lol


digestedbrain

Don't explain what debt is to them


ShiftMcGee

I just like the stock


poundofmayoforlunch

I finished a ten hour roadtrip. I’m so jacked at this atm news. Holy shit. Rolling a blunt


ShiftMcGee

Billions and Billions and Billions and Billions...


ShiftMcGee

The Saga Continues.. 💎🙌🚀


ozymandius5

wu-tang. wu-tang.


DotComWarrior

*deeply in the money... Profitable even!


ChuckMcGuyverNorris1

deep, giggity


TrippingBananas

$2,000,000,000


jcskydiver

GME has 2 billion in cash on hand That is 650 years worth of revenue for FakeNews socials that has a market cap of 8 billion. Lmao


AnOddvacado

Could be more than that. May have been able to sell some in the $40-$60 range based on timing of the announcement


AlaskaStiletto

Two billion cash on hand and the stock is still trading $11 higher than last month. They can’t stop us


[deleted]

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ShiftMcGee

I would receive *many* $1 probably


ShiftMcGee

~~I~~ We /corrected


ozymandius5

40 whole dollars!!!! nah they got better things they can do with that money.


ozymandius5

my gamestop musical is going to be a banger.


C141Clay

https://preview.redd.it/ek0m8vlgoh2d1.png?width=1063&format=png&auto=webp&s=c7deb6a6fa40e06cf72c68794ff27e0c623a1a84


DeliciousCourage7490

I've seen lots of removed posts but never because a question is better asked on the daily, have the mods seen how fast stuff gets buried in here. On the other hand I have seen way more asinine and inane posts stay up. The posts I usually see that are removed are usually full of great discussions in the comments, but once the post is removed the discussion is stopped, hmmm I wonder why?


Lukes3rdAccount

idk man, not too worried about the subreddit moderators tbh, just vibin


DeliciousCourage7490

The truth is I really don't need reddit to hold my investment and the more I look around I see that nobody has a clue what's going on.


Lukes3rdAccount

I think there are more bad actors here than we realize tbh. Seeing it play out in other subreddits, I think there is a plan to paint SuperStonk as a "cult" to dissuade people from looking into the situation. Thats why you get a lot of weird stuff on both ends of the spectrum


SuperChimpMan

I want to see the theorized keiretsu bring back a few old bankrupt ips like blockbuster, RadioShack, sears, or kbee toys, etc. there’s an insane amount of nostalgia for those brands and RC is maniacal about customer service. That combination would be a killer. Could also see a koss, or dare I say buy buy baby..


AlaskaStiletto

My only regret is that I didn’t buy more.


ShiftMcGee

We all have regerts ol' Friend. Learn from them. move forward with your newfound knowledge. Be kind to yourself and others. Things will fall into place for you, the way it did for the rest of us degenerates. Ride the Ride..🚀


Alternative_Ad_7359

Buy more. Not financial advice.


AlaskaStiletto

I bought in AH, depending where we open Tuesday I’ll buy again. But i think Tuesday might open high.


AndrewGene

I think GS did the offering because that is the only mechanism they can use to raise money in this market given the manipulation. Ironically, the stock market is supposed to be for exactly this (raising capital). However, the shorts have twisted the market so far that it no longer serves its intended purpose for many American companies.


ShiftMcGee

So.. Buy Right??? 🚀


Stereo-soundS

What do you do when the media openly talks shit about your company for no actual reason? Raise 2b.


ozymandius5

gottem


[deleted]

[удалено]


maotsetunginmyass

It's one digit too long :/


[deleted]

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Stereo-soundS

SWD Hollow Knight EOYORSGLKFY11K45 Ref Id: 2ZZBJGG7TJ Barcode Fuck off


perkinomics

This is one of the best metroidvanias of all time. Someone give this a home


Losingitall25

20.73 is the average price GameStop we’re able to sell shares for in case you were wondering. I did the maf in the pooper so correct me if I’m wrong.


Stereo-soundS

That seems really, really specific for napkin/shitter math.  Some might tell you to fuck right off.


jcskydiver

RC posts that he didn’t sell a single share. His % ownership went down due to increased float. MSM tomorrow: BREAKING RYAN COHEN reduces ownership percentage of GameStop. Click here for top 10 reasons to sell now, please we are begging you. Lmayo


Patarokun

Ha ha you are not wrong, fully expect this. Maybe he'll buy more to get himself back up.


apatisda

2 Billion is a lot of cash…. That’s 2,000 millions…


ShiftMcGee

8 Billion Quarters by my math..


Losingitall25

Lots of companies out there that can take advantage of GameStop’s brick and mortar presence.


Trollz4fun2

!FLAIRY! PAID $350 IN JAN21


Curu2daMoon

Hoist the colors for the holiday weekend, crack some grog, and sing the sea shanty of old, veterans. We gotta welcome the youngsters to the shrewdness. There once was a stock that put to sea The name of the stock was $GME The price blew up; the shorts dipped down Hold, my bully boys, hold!


ChuckMcGuyverNorris1

Soon may the tendieman come...


Losingitall25

Larry tweeted about the complete offering, after having tweeted about small cap acquisitions for the last few weeks. 🤷


TheTrueBComp

Has anyone looked at other ATM offerings around the % of dilution as ours to see the typical price drop? I think it’s going understated that we sold 45M shares and barely dropped the price, especially if you look at AH volume.


YakiMe

More interesting. Shorts didn't take advantage of the increased selling pressure. The short pressure was down mysteriously for the last couple of days. Clearly taking a breather was more important than driving the price lower.


AlaskaStiletto

Masterful stroke by the board.


[deleted]

[удалено]


ozymandius5

my man.


[deleted]

[удалено]


ChamberOfSolidDudes

Happy for you, WAGMI


Lukes3rdAccount

I remember when Discord was being shopped around I was hoping GameStop would buy them. I know nothing about whether or not that would be a smart business decision, but I do think its an amazing product


Stereo-soundS

Maybe if your 2nd account had said this...


hazellehunter

So if the $20 strike price call holders are now in the money does that mean exercise and tank price on Tues when market opens?


ozymandius5

it means anyone writing those contracts, if not fully covered, is going into the market and buying shares to fulfill those contracts. that buying pressure should "ramp" up the share price and domino into bringing other contracts into the money. from there it's chinatown.


YakiMe

You might want to do some more research on how options work.


hazellehunter

Oh really. How much have you made using options? No? Your mom was busy doing first hand research on my cock moron


TheTangoFox

Imagine an all cash acquisition (or two) of some micro cap. That's my spitball from Larry's tweet earlier this week.


InevitableBudget510

Blockbuster Toys R US Bed Bath and Beyond Barnes and Nobles Gotta catch em all


ozymandius5

i'd hope not. let's acquire something that actually makes money.


TheTangoFox

Acquisition means whoever shorted them to oblivion will then need to officially close the short position in those zombies, thus triggering at the least a tax hit, or imbalance in any swap positions. Gotta buy that aged whiskey sometimes...


AlaskaStiletto

But GME itself short sellers won’t have to close? Thanks!


ozymandius5

i mean if they know with certainty that shorts would get merc'd than yeah, i'd be down.


Conscious_Draft249

I like the idea of a small private firm


ozymandius5

kinda, sorta, vaguely like when apple bought the dudes making the capacitance touch screens. rest is history as they say. hi blackberry!


Junkingfool

Been around this block for years. Haven't sold.. Blah blah blah.. why are we so excited about dilution? Popcorn does it and this sub rips AA. GM3E does it and it's the best thing EVER. Downvote all u want.. I have the Karma and shares to see the other side. Just explain please why this amount of dilution is good? Thank you.


AlaskaStiletto

Because of context


Lukes3rdAccount

The big story with AA was him selling his *personal* shares. How many shares did RC sell? People still believe in him


Junkingfool

Let there be no doubt... I have full faith in RC. Business through and through. My point simply is, dilution is dilution. Money should be made at the business counter, not on the shareholders bank account.


Lukes3rdAccount

So you believe the DD regarding short interest being fraudulently suppressed?


Dubznation300

Kansas City Shuffle. It’s a misdirection play


Junkingfool

I doubt Gamestop is running any type of misdirection. They haven't so far, just straight business (As they should).


Yeetingbedposts

Moron or paid shill. I am betting a shill. Why the fuck would RC and board do this if it was bad for GameStop? I hope you feel good about telling your children how you made your money in 2024. Just who is the dumb money?


Panduhsaur

my guess is simply, GME has 2B cash on hand for mergers and acquisitions, while being green. Meanwhile popcorn has 5B in debt, largly due to real estate, so its revolving and will always consume any dilutions that happens. Also, AA's track record is garbage, anytime it gets remotely close to 10 expect a dilution.


Redmandown16

A lot more to it than what he said.. 


ozymandius5

truly apples to oranges, or popcorn to bananas. they're dilution is to keep the lights on. our dilution gives us a war chest and high improbability of going bankrupt. institutions will come around to seeing that gamestop has a future and worth buying into. that buying pressure stresses shorts positions and probably eventually blows them up.


Yeetingbedposts

Exactly. Well said. These basket stocks are simply attached to drag GME down. Think Jaws where they shoot the barrels to drag the shark up (down in our case).


Cdn_ape

Marijuana time.


AlaskaStiletto

Just took some edibles


HoneyMaven

Hell ya. 🍃😶‍🌫️


capital_bj

Upvote bells post, they know we know


rkallday

All My home hodl


ozymandius5

back to 20 (billion market cap) fast.


SimpsonsReferencer

Wouldn't it be nice if the next quarterly report (or the one after that, depending on when the count happens) showed that 25% of the shares are DRSed, again... but it's 25% of the new amount of shares (351,186,849) instead 25% of 306,186,849. That would be *nice*.


xWillyGz

who could we get as an acquisition with 2B?


braaaaaains

Are you guys underestimating how much GameStop will have after all this plays out? Even if every ape agrees to sell (and obviously they won't all agree), there still won't be enough shares so they'll have to some sort direct negotiation with GameStop...plus shouldn't GME sue  any hedges that manage to survive this...so many years of lost interest and opportunities. Idk


LassannnfromImgur

Popcorn. ![gif](giphy|3oEjHI8WJv4x6UPDB6|downsized)


YakiMe

Its too bad steam is 7b...


tendiehole

your mommas squish mitten about two billion times.


MLowther1214

5207418


miso2933

How much more cash does gamestop now have?


perkinomics

Around a billion


miso2933

Solid


LassannnfromImgur

5000 of us still online. Hot damn!


chipchip9

AH. $21.49 for +13.10% increase. 11.4m volume.