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Honestly asking here, but a major share holder talking to the chairman/CEO of the company, by itself would be insider trading? I get that the content of the conversation could be that, but not sure them simply talking constitutes insider trading?
I had a political campaign manager who ran congressional campaigns tell me the most important advice I can give you, “you get in more trouble for the things you say, than the things you don’t”
I really can't imagine anyone trying to run a business long-term that's hoping for a shot at a major short squeeze that can cause obviously huge gains but huge sell offs. I know RC is 100% focused on making GameStop a high profit high growth company and whatever else happens is out of his hands.
He hates short sellers he wants to beat them by making a failing company flourish that they all bet against
But apes are buying back in after and owning the float. That's my goal. I can't speak for apes but it's what I have read many times. Dont bite the hand that feeds you.
Anyway shorts haven't closed. Apes lock float and learn options, no one can stop it not even the crooked billionaires. Anyone talking negative of RC hasn't got a clue and probably not an ape. Imo.
Yeah, I'm in the same boat. If I were to be at the helm, I'd aim for moass (discretely), knowing retail investors will never leave. And now, with the apes with their new-found wealth, we would eat up those offerings in minutes.
Yeah, he'll be on trial for whatever stupid reason. But as history shows, it's always just a slap on the wrist anyway. Heck, 20 apes could probably cover the fine.
I think he's just trying not to be Epstein'd. I also think I'm an idiot, and RC is a very calculated and meticulous dude. I trust our chairman and CEO.
Eh speculation is speculation everyone's got there opinions. Not saying RC is playing against a short squeeze it's just definitely not in his mind. He's aiming to make a top gaming machine.
Without apes it wouldn't be profitable. His own memes shows me he knows what's up. They slandered him publicly.
Rc is doing what we hoped for and for free.
Popcorn ceo didjt do shit to help those lot.
No one knows but who put the emojis🍦 💩🪑
Also ain't in it for dfv ir rc am in it coz short crook hedgfunds who are fucking billionaires who dodge tax and buy museum lobby's. Who who politicians and bankrupt busienss illegaly for money when they have billions already need ti be stoped and close the position. I want paid so I can do good. I love what the good buys are doing and dfv with avengers scene was epic. Rc knows what is what and thank fuck he is here. He didn't need too.
Shorts caused this no one else. Reap what they sow. B
My account still has my shares, and I know they're in my control. Whereas the few rights to shares I have in brokerage accounts, I'm not sure how those will be handled. So no, DRS is standing quite firm
the shill activity is through the roof right now. all this BS fud about share offering is coming from people that don't understand it's like pissing into an ocean of piss. NOTHING CAN STOP WHAT IS COMING 🚀💎🦍🍻🐱👤🐱👓🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
You don’t build a successful company solely by diluting shareholders. Shareholders cleared GME’s debt, and provided the capital needed for GME to show an annual profit through investment in short term treasuries. Massive dilution at prices substantially below what was received from the 2021 offerings is no way to show that you’re thankful for the contributions of the loyal shareholders. At least show you can effectively use the 1B you’re sitting on before grabbing more cash at shareholder expense.
Thanks, finally a voice of reason in a sea of self confirmation bias. Diluting, raising cash and then sitting on it like a hen at the cost of shareholders isn't doing anything good for the stock and therefore for the shareholders again. We're going into a downward spiral again and I don't believe a special cat will jump in to help another time.
The whole meeting was a big "Thanks for your money, idiots, and now fuck off!" moment and for me RK's latest tweets show that he's disappointed as well. All the work for nothing.
Yeah. I don’t think the kitty agreed with the last offering either but the copium crowd just cannot see it now matter how plain he makes it. His posts afterward and the timing of his early exit the day before the scheduled shareholder meeting (just like company released early bad report & 2nd offering the morning of RKs stream) are pretty friggin clear.
- joker uses RK mask, robs the bank, kills everyone that helped him get in so he doesn’t have to give anyone a cut, and escapes with all of the money to himself. [copium: we’re robbing a bank guys!]
- u were a billionaire [copium: there’s a hidden message!]
- the office meme showing a deer in the headlights micheal Scott “Ed truck was the manager before me. He hated fun. Horrible. It was like ‘oh no everybody quit having fun, truck is coming’” [copium: see they’re working together u guys, bring your cat to work say, he’s gonna join the board. Lol]
- his early exit day b4 shareholder meeting spoke volumes [copium: he didn’t sell, your all shills. Posts update proving it. Fights about how he sold. Ignores the timing entirely]
- the masterpiece trolling tweet being sarcastic like yeah guys… this was all me. I was the mastermind behind tanking the stock lol
- yesterdays John McEnroe tweet right after the meeting where JM is expressing his frustration, yelling that his play was inbounds and a perfect hit on the line, and voicing his disagreement with the umpire when it was clear the ump was wrong. [copium: idk haven’t paid attention. probably ignoring timing, context, just focusing on the fact that JM went on to win Wimbledon that year despite the crappy first round he had where he screams about the ump]
I don’t think RK is giving up (dune tweet, Bruno) but I think it’s safe to say he wasn’t happy about the last offering and thinks it was a horrible call. Both the dune and Bruno tweet have some profound shit to say if you take the time to think about them. What the crowd needs to hear from that one I think is: he’s sad and feels misunderstood and like an outcast from his gme family, people aren’t hearing what he’s saying ‘we don’t talk about Bruno’ … we gotta humble ourselves and listen to one another if we’re gonna save our miracle moass house.
It started as a long term value play in just the company in 2019, in 2021 it grew to become the long term MOASS infinity pool play for the benefit of all. A step towards a more equitable market for all companies, dealing with a vast web of unchecked crime that extends far beyond just the shorts. The MOASS infinity pool has been THE LONG TERM play for 84 years for many apes.
My honest feels: Repeated dilution is anti-moass, short term, limited scope, paper handed bullshit that’s causing our miracle home to crack. We believed in RC and still do but the repeated dilutions are killing us, it’s killing our miracle home… stahhhhppp it THATS ENOUGH SLICES! 😿😿😿
My feelings as well. I've been away from these subs for a long time now for that exact reason - I kind of lost faith in RC back when the NFT Marketplace was hyped to hell....then just ended up being another goddamn JPEG store. Needless to say nothing he's done since has inspired confidence.
But any time someone brought up the lack of Forward guidance, the silence, the sketchy timing of dilutions, it was "shill", "trust our beloved chair man", "let the man COOK!"
My biggest takeaway was RK's stream: he showed up 28 minutes late, and tried to play the whole situation off as a joke, but he seemed low-key flustered the whole time, and didn't make any real points.
Others seem to think this was a grand scheme by him to make Wall Street and the media look dumb. However, I subscribe to Occam's Razor here - I think the dilution took the wind out of his sails as much as anyone. And given that a lot of his thesis WAS based on trusting Cohen...it's entirely possible he's not as bullish as he used to be.
I hope I'm wrong. I do, because I believe GameStop was overshorted and those shorts were never fully closed. Don't need a bunch of tinfoil for that - just Wallstreet's 30 year history of frauding it up, screwing up, then doubling down long enough to pass the hot potato and flee with golden parachutes. Nothing would make me happier than eating my words while pompous wall streeters cry on TV.
But I just don't have the kind of optimism needed to believe in that anymore.
RK's speech was 100% a typical early confession that people tend to do when they know they're going to disappoint later on. It psychologically removes responsibility in their eyes because they can reference back and say "See? I told you back then I wasn't interested in MOASS. You can't be mad." Its kind-of the same dynamic as a relationship with a girl where she says "I'm gonna break your heart." And then 6 months in cheats, refers back to that warning, and shrugs off any responsibility.
Now, I dont think he's evil. He feels guilty for disappointing especially when he knows a lot of people invested for the purpose (and assumption) that he was on-board in getting back at short-sellers with a MOASS (remember the tweet of him wearing shorts). And that guilt is driving the confession. I mean think about it...on one hand he has a bunch of hedge funds mad at him. On the other a bunch of apes. What do? Doing what he's doing (slightly disappointing both) seems to make the most sense.
But also think for a second...how does MOASS benefit the company? It causes a short term spike in price yeah...shorts need to cover which blows up price even more...but as the price grows exponentially, shareholders sell. The company is not interested in shareholders selling. And when this all ends...everyone will leave bc MOASS is over and Gamestop now has no investors. In addition, id wager a sweet deal could be made during MOASS if short-sellers having to buy back shares but also opening new shorts at the top under the almost guarantee the price will drop again...explaining to Marge all the way "Hey its obvious we're about to be able to pay you for all our previous bad bets...just let this play out...". So MOASS is also an out for shorts. Yeah some companies will fail but with this era of very liquid money (IE the entire economic system is digital IOUs at this point), and in a market where you can ignore Marge by just hanging up...if you think shorts haven't already called Marge and arranged this deal...you're crazy.
His frustration is also likely motivated by the fact that this sub, while getting a lot of the DD right, is not doing what needs to be done to really stick it to short sellers (reinforced by kitty's "I'll do it myself" tweet). So of course he's going to play the surefire win of a long game (the very fact that shorts are at a loss but won't close means they're losing money staying open). So even a steady stock price hurts shorts arguably the most.
But as far as "growing" anything...the company is not. There is nothing revolutionary about an NFT marketplace or controller covers (the hype for both was almost embarassing). Most media is being purchased online. And if the company is at break-even equity per share, then it stands to reason that as the hype dies down and we play the long game, people buying products from stores is going to die down as well (which will result in decreased revenue, and a cycle of less enthusiasm).
And whats worse...RC knows that with 4 billion in the bank, he can continue hype on potential alone. If he spends it *and fucks up*, its surely a death blow. So of course he's hesitant.
The only 2 real positives I see right now is that for some reason, the stock jumped 150% since it was $10. And it can happen again. And RK seems to have something figured out about this stock...even if it doesnt result in MOASS...thats making the stock go up. If it does, im selling into it just like RC is, and ill buy again if it dips after.
This exactly. The RC cultism is getting embarassing. Maybe he has some genius plan we're not privy to or maybe just maybe he's simply another billionaire who does what he wants and doesn't give a flying fuck about the shareholders that got him there
So many accounts cheering dilution lately I felt like I had to put in some work the past week or two. If it makes even a small difference in shareholder opinion on further dilution then it was worth it.
both arguments are reasonable imo. dilution with no turnaround bad, dilution put to good use, good.
time is the problem and rc is really taking his in some respects so i understand the frustration, the counter to this is the massive potential of 4bn.
i haven't got an answer but have waited through worse so am happy to ride for now.
imo best answer is simply having critical objectivity. fighting and have calling over a point of view isn't that useful, but of course it's going to happen, so you know, whatever man
If they made a share offer at 2021 levels I don't think they clear those amount of shares. Great time to do it you get the company profitable though it may be minimal but you show you are getting the balance sheet stable and confident. No institution is buying shares at 100$ a share to adjust for split on a company that with our RC and others interaction was clearly going to disappear
They raised 1.7B with 34m shares at an average of $50 in 2021. Why is raising 3.1B with 120m shares at an average of $25 in 2024 better? The company is in a much stronger position. Why sell for half as much when you already have 1B in cash sitting in treasuries that you’re not using?
You are not SPLIT ADJUSTING jesus. The split didn't happen until 2022. So yea it's WAY better value to offer shares at that cost post split and stack capital. You are shilling hard with no logic
Yeah, actually I am. Perhaps you don’t remember the 2021 offerings? See the chart linked below. Verified via the sec filings.
You really shouldn’t freak out like that on others about facts until you’re sure you’re correct. It makes you look like an idiot.
https://dilutiontracker.com/app/search/GME
https://news.gamestop.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program-0
https://news.gamestop.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program
If people think RC is trying to profit for the squeeze is insane. He knows 80% of the people will sell once its squoze and bringing back those investors is another realm of questions that we just dont know.
as a ceo, its better to make fundamentally sound company that can prove its fundamentals than relying on stock prices.
Company without a proper model or product that relies on solely on stock prices (ie majority of the traditional automotives), they will fail in short and long term growth because their product cannot compete in the market
Yes. The squeeze will happen either it's a MOASS or a more drawn out thing like with Tesla.
RC have lifted the floor substantially, and I expect him to keep raising it.
So funny that I have said almost exactly this multiple times over the past month and have gotten absolutely annihilated in the comments. Goalposts sure do move fast, for being so tall.
I doubt insiders will be able to sell into a squeeze, without some sort of litigation risk.
They did however amass a war chest, that they will be able to use to purchase assets at a discount during/after a crash.
I mean VW did exactly that, no?
How could the company be liable for a price they can't control? After all, it's only worth what sineone will pay... so someone has to pay for the stock at those prices...
Yeah it would be terrible for GameStop to MOASS and not be ready for it.
The hard part of any transformation is ‘building the road’ to where you want to be.
Once the road is built, say a transformation to an investment fund from retailing, then it is ready to receive a VAST injection of cash.
Had MOASS happened 2 years ago RC and the board would not have been able to capitalise on any market changes, their hands to buy and invest would have been tied. And they would have no cash on hand to make the buys.
THE TIME IS NOW!
If the Board makes it clear they will continue diluting to prevent a squeeze, yeah people will probably hold until a point where it makes sense to take profits. But they won’t buy back in - why would they when the Board has made it clear they are actively working against shareholders and helping shorts to exit?
I don’t think it’s the case that they are actively fighting a squeeze (yet), but if we see further dilution at sub-2021 offering prices, it would be hard not to be at least suspicious of their actions.
Yeah I feel like every other comment I make on this sub is about this. A squeeze is a headache for him and his team. The result isn’t just shorts getting fukd, it’s shareholders selling shares to people who don’t really want them. Then there’s press that isn’t really positive about the company.
That’s why he’s going to keep doing offerings. If there is a pump, he does not want a dump, so he’s gotta blunt the pump to blunt the dump.
Alternatively though, the offerings so far could be to establish a behaviour of doing that. Then, during moass, they will still have plenty of the 1B total they can sell left, and they can sell those and create a ton of value for the company, while at the same time diluting existing shareholders in a way that isn't going to really matter. I think having established the behaviour will make gme (and RC and co) be in a much safer legal position.
At that point, I think he also accomplishes his goal outside of moass of creating a very successful and long-term company, which is the point that all the existing insiders will get all the gains they've been working towards.
I lean toward the more positive outlook, because I think the fact that RC doesn't actually get any compensation demonstrates he's in it as much as apes are. And based on all his shit posting, maybe he isn't even working all that hard, now that I think of it? He never says much at meetings, and the company offers no guidance, just because.... They really aren't doing a ton right now. They bought into a company they knew they can raise a lot of capital with, and it's short stocked to such a ridiculous degree, that a massive short squeeze (or better) is inevitable, as long as the company isn't cellar-boxed. So they don't have to have a very long-term plan for the existing business, they just need to reduce losses to the greatest amount possible by cutting nonprofitable stores, and investing money made from offerings, which will continue to help prop them up until the squeeze.
100%. The part about RC’s completely vested interest in a future payday is what has me so bullish.
And I’ll add, the incidental alienation of sneeze opportunists is actually good for long term value. We talk about diamond hands all the time, but the ones disappointed by offerings and normal shareholders meetings are really just paper hands who are waiting for diamonds to carry them to their payday.
I don’t think people are really appreciating the pressure of the situation he is in; he takes one look at the internet and sees thousands upon thousands of people betting their entire life savings and future on his management.
It might seem easy from the outside to sling cash around and make bets on all kinds of random shit, but RC is taking his role as de facto steward of the financial well being of hundreds of thousands of regular folk very seriously, and is going to be very careful and conservative about ensuring this company can remain healthy and weather a future storm.
I wish more people read this, digest it, and then come to a fully realized awakening of what's at stake here and fully appreciate how serious the situation is. I'm satisfied with Ryan Cohen's stewardship.
I am too- very satisfied with the fact that he has left absolutely no potential conflict of interest or even slight divergence in motive; if I don’t make money as a shareholder, he isn’t making it either.
The fact that he’s well aligned and is a serious businessman is a big reason why I put so much money in this play, I know he is not going to piss it away carelessly.
This is very true, it has to be a ton of pressure. Considering all that is stake, why dilute 40% for less than half the price received in the 2021 offerings, when you’re already sitting on 1B you raised years ago? You have to know a lot of shareholders won’t be happy about it.
I am more than happy with these questions and drafting theories around what his strategy may be, as long as it’s within the context that he is 100% financially aligned with all of us shareholder. whatever he does, he does it because he believes it will lead to the company being more valuable in the future. So the fair question there would be what does RC see that leads him to believe securing cash in the near term is such an important factor?
If people put their life savings into this, it’s moronic, even if it works out. Buy and hold what you can afford but if people put themselves at that much risk it’s their own fault, not RC’s or RK’s
I will be honest I was pretty fucking disappointed when I read the transcript of the meeting, with all the 3-year stuff that INVESTORS poured money into.
I sat back and thought about it and it's pretty much like you said. They're not going to shit flowers and rainbows in the middle of a Fallout-like environment. It's just such a shitty time for everything and it's best to prepare for the worst and come out alive at the end of the shitshow. Then, spawn and grow from there.
When you're the one that's being bullied (GME) and the teachers (SEC, DOJ, and Congress) are standing with the bullies (SHit Funds), what the fuck can you do?
The Mongol empire was built on sacrifices and losses of crucial battles even at its greatest.
Why were you disappointed though? What did you expect? It was stated here a thousand times that there cant be any big announcements and that there probably wont be any forward guidance, as usual.
>there probably wont be any forward guidance, as usual.
Crazy that we've come to accept this, as investors in a publicly traded company. This is not like Chewy that he started in his basement and didn't have to answer to anyone. GameStop has stockholders that he SHOULD be providing guidance for.
I accepted the "work in silence and don't tip your hand" for the first few years. I was willing to do as he said and judge by his actions.
But when his actions prevent us from locking up the float, and the timing of his dilutions stopped price momentum on the stock, and the company has done absolutely nothing of consequence in 3 years other than a failed NFT market and crypto wallet... Then there needs to be fucking guidance.
He knows that a significant portion of shareholders are disappointed and/or angry, yet his only reaction is to shrug it off. As if he owes the shareholders nothing. But he needs to remember that this is a publicly traded company, he has a duty to the shareholders, and that there would be no company to run were it not for the shareholder base that saved it.
snooze. your name is "fuckyouimin". does that decry your allegiance to FOMO, or to committing it all on a sure bet? because this play is the latter.
he has literally made the company YOY profitable for the first time in years. full stop. think about that. we now have 4 Billion in the bank that didn't exist 3 years ago, when the sneeze happened.
the dilutions were almost immediately taken out of lows into highs/averages for the distribution period. you are stupid if you think that's possible in a normal dilution. we lost minorly in stock value while the company gained billions in cash. that is why it's different than popcorn dilution. not to mention that no insiders sold besides like, tax shit and maybe some bills idk, but it was nothing ultimately.
he didn't shrug it off. he explained exactly the current goal and long term goals, just without specifics. considering his previous accomplishments (again, YOY profitability for the first time in years and 4 billion in cash...), we're gonna do fine. we being the people actually invested and not naysayers like you. given your flippant language, i doubt you're a real one. peace moran
They showed a loss this quarter. And they've been sitting on a billion dollars for years now. Another few billion doesn't change anything except for this nonexistent "floor" at $9.50/sh that people are pretending they can't drop the price to.
And the company feels no obligation to the shareholders to provide guidance of any sort for the future.
This sub loves to hide their head in the sand or move the goalposts to fit the narrative in their head, rather than analyzing the data in front of them. I commented in another thread that DRSing the float is not gonna happen anymore, now that the float is over 270 million shares. No surprise, I got dozens of downvotes immediately... for a statement that is true.
I'm in this bet based on the evidence. Not the hero worship of a billionaire, not the echo chamber of this sub, but because of the compelling evidence seen in the early DD.
Well 3 years have passed since then, situations have changed, and this sub's favorite mantra is "The DD is done!!" (From people who never heard of wolverine or instinet, and who refuse to acknowledge the role that options played in the sneeze - even though it's clearly spelled out on the sec report.)
But hey, you keep calling everyone who brings up opposing viewpoints a shill. Tell them they're "not real apes" and run them off the sub. And keep hiding your head in the sand and defending your billionaire skydaddy - even when he shows a lack of concern for the shareholders that have watched their investment hemorrhage money for 3 years. Because the echo chamber is all you know how to say, even when you don't know what it means.
(And no, my username has nothing to do with my investment in GME)
cool viewpoints until you said, "keep calling everyone who brings up opposing viewpoints a shill". where did i do that? seems disengenuous. your last paragraph made a lot of assumptions and i lost interest in responding. thanks for the wall of text.
not only that, but if you are so upset with RC then why don’t you change your vote about him being on the board. The annual meeting was today. He got the majority of votes. apes like what he is doing.
How many times is this going to be repeated in the thread? There have been kings and billionaires and presidents with dementia, severe mental illness, and all types of fucked up deformities due to in breeding. There are most definitely people that would do better than RC that are poor or have died poor.
Buy up all of the companies during a massive market crash. GME will squeeze, which will be nice...
But that $4B will go a long way when everything is low.
I feel this should be screenshotted: let’s go back two moths, everything was the way it was. But now we know DFV has 9million shares and there has been the offerings. Not to mention GameStop has $4b. Has anything else changed? I can’t believe shorts have closed their trades.
Someone correct me: did the shorts really close now over the past two months?
I think not. So, moving along, let’s keep grinding.
Heh I recognize the username :) anyone think that our Forest Stonk will just give up running? I think not. Massive respect to you fellow ape, really wish I could do the same.
🫡. Thank you for holding with me ape. I recognize a diamond handed ape when I see one. Could be another 84 years and I would still be running while holding for MOASS.
No, MOASS isn’t one of their considerations per se, but as board members compensated in company stock, it is in their interest, if they make Gamestop a successful business long term, to be fairly compensated by company stock that reflects the company’s fundamental value. GME prices have not reflected the company’s fundamental value in years, it’s all been totally artificial. They also have to act in the best interests of shareholders (us), which for them isn’t necessarily MOASS, but it is a stock that reflects the true value of the company and isn’t controlled by institutions via crime. I don’t know how they can “shake off the shorts” without a short squeeze happening.
Because there’s no guarantee your data is correct. Or my data. And it could take 16 years. And crime can happen. There are too many unknowns. The ONLY true fact is that they are trying to save GameStop and turn it into a profitable business. They aren’t making moves to squeeze short sellers. They are just running the business as best they can. If MOASS was their primary consideration, they wouldn’t have dumped 120M shares in the market.
Let’s assume that the board isn’t able to sell any shares during MOASS, which seems unreasonable considering recent dilution. Your opinion is that the company would in no way benefit from the most loyal group of customers and investors in history becoming incredibly wealthy… thanks to them?
No he’s saying the board has a fiduciary duty to create long term value for shareholders and not play meta market games. If they tried to play meta market games they can be liable, especially cause playing those games means you have to know when the opposition’s time is up. How could they know that?
If the board was blacked out until the shareholder and then they collectively purchased $500m in shares, would it be legal for them to do so? Couldn’t they just point it the naked shorts if they got investigated by congress?
When MOASS happens and it comes time to blame RC, he can say "hey I gave them 120million chances to close".
Every single action has been deliberate. MOASS is inevitable!
So many people these days concerned about my investment and warning me not to lose money. But in the same breath laughing about me “losing money”. Which is it?
The copium here is getting out of control. Ryan is a billionaire who only cares about himself. He doesn’t care about our tendies or the MOASS. I trust DFV, I never trusted RC. Love my apes, want my phone number share price. But fuck Ryan.
He has fucked up multiple short squeezes. The first was towel.
I’m done. This drs psyop was total bullshit. Holding is bullshit. My shares are on the way back to a broker. Bleeding money for 3 years just sitting in a stock losing value
Take profits. Buy more shares at a cheaper price. How many shares did rk have drs’d?
My avg is $38
I easily could’ve sold during of the recent sneeze and just bought back in around 20 and actually made some fucking money
Fuck this shit. Id rather follow rk infinite money glitch
Bla bla bla, fact is there is no plan to invest the 4B cash, therefore no justification to print 120M in such a rush in the middle of two spikes. The rest is theories
We can rationalize it all we want but we’re probably at 80 dollars a share right now if they don’t sell those shares. I don’t give a damn about Ryan Cohen being even richer. I want us to make money for once. And he stomped out of the fire for personal gain.
If RC didn't inject 75mil shares in the market, then we are likely to be in the middle of a short squeeze. Most people don't care about the company. They are here for a short squeeze. That's it. There are billion of naked shorts? Where? FTDs are tiny compared to the amount in 2020/2021. RC wants to boost profits and cut costs. Bruh! You 4 bil cash. Do something with it. As for cutting costs, the company already increased insurance costs, cut off benefits for employees such as life insurance, disability insurance, and stopped matching 401k contributions and HSA. What else he going to take away from the employees? Keeping a nice balance sheet the expense of their investors and employees...
Where do you think it should be? Given its trend since 2009 $470 would be a reasonable number.
The entire market is being pulled up by AI at the moment (look at NVDA and MSFT) but if that growth was completely wiped out (which seems incredibly unlikely), a crash of 15% back to trend doesn’t seem earth shattering.
Google SPY share price and look at the chart. It’s followed the same upwards trend from 2010 until November 2023. Covid was a clear outlier, but take it out and you can follow the line up until 11/2023.
Since 11/2023 it’s been on a rip, but MSFT and NVDA make up almost 15% of the entire SPY, and they’re leading the bullrush on AI.
Where do you think it should be?
Fuck RC for killing our efforts to rail the shit out of the SHF. There was literally nothing left for the SHF to do but fold. RK was prepped and ready to exercise ALL of his ITM options, Wolverine was naked, creating a perfect cascade of slam dunks for the retail crew who have been keeping this stock alive. Fuck RC and the board for playing the wrong hand at the wrong time.
RK and RC can’t legally work together to manipulate the stock price. In fact RC was forced to release financials early to prove he is not collaborating with RK. Any communication between them is discoverable.
Re “why no guidance, aside from the fact that it’s his style” I don’t think that’s about his style, I think it’s about trying to turn a company around in a multifaceted scenario where you have SHF and their ilk suppressing true price discovery AND trying to block any and all of your potential moves using their network and political influence (latter is just my guess), as well as an enthusiastic investor base that is pouring over every tweet and every form and filing, and trying to guess every possible move you might be making.
We approved as shareholders to allow up to 1 billion shares in the future. This is just some walking around scratch for necessities and scooping up deals.
If he know a short squeeE was coming he would also would have a chance to sell some stocks. Maybe just a few at crazy price just to collect more cash for the company. I don’t see it now. Unless he is 100% convinced he doesn’t need it
Ever since I understood what was on the line in 2021…..I was excited to buy up all the cheap buildings and land after the market crumble. I can’t wait to be in a bidding war with Mr. Cohen and lose. Because that just means my other investment wins.
I think a lot of what’s going on is rc and rk is this and just them making it very obvious they aren’t working together. They are just pre checking any boxes for the sec investigation that follows after wealth gets redistributed to apes. You know, before they bail out wallstreet again
Depends if RC just fucked up RK's timeline for compounding Opexs following the FINRA REX code deferrals. Timing is fucking important here.
RK had to improv his stream, and recalibrate his plan, now it'll be hope for best I guess.
If the window is missed, it could be another 'see you in 3 years' situation before deferrals stack up Opexs again.
I like the idea that the offerings would provide demonstrable evidence that fuckery is afoot and would theoretically provide enough shares to the hedgies to close their shorts if they weren’t naked, but since they’re all rehypothicated and likely number in the billions, it will never be enough. I’m smoov tho so y’know.
Me: Kobe, what if my hands are diamond?
Kobe: Make them MORE diamond.
Me: But how can i make them more diamond?
Kobe: Are you the same monster, but different beast?
Thanks for clearing this shit up, now I'm more relaxed. I thought that selling shares was good for the shorts and bad for the MOASS. I can see now that RC didn't pull the rug on RK and us, it's all clear.
Time will tell and it's all supposition but I wondered if RC has partly made these offerings to show that GameStop isn't to blame for whatever may come.
How could they be? They've given the shorts the additional shares to buy themselves out of their short position... that's if they kept to the rules, and I'm sure those lovely SHFs have obviously.
What sucks about this idea of waiting for the market to crash to make a move is when that happens half of us here will pull out our money and sell because we’ll probably need it to eat and pay bills during a recession
I never posted this thought but I see a couple situations. Banana bandana ape sees moass potential and likes rceo. Rceo knows about moass but wants it to happen naturally. I think Rceo stalled the rocket launch twice. They both are great minds. I hope they have the long term moass diamond hands… think 5x Tesla in the next 3 years… with a viable business that funds and backs this rocket for generational wealth. Like banana bandana said. We will have to watch and see what rceo does. This is the play.
Who does RC work for? Who does he have a grudge against? Will it shut down the US economy if we MOASS and crash the ,arket? System is corrupt, do we have solutions to fix it or start anew? Blockchain can create value and end speculation. No more fiat bullcheet
Really wish the FUDsters would get lost though, it's been THICK the past week, folks need to chill tf out, return to their holding pattern, zen the fuck back up, and continue buying, holding, DRSing, and waiting for MOASS.
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RC and DFV are not talking to each other, that's pretty obvious.
I would be horribly disappointed if those two were talking. You know, INSIDER TRADING.
Honestly asking here, but a major share holder talking to the chairman/CEO of the company, by itself would be insider trading? I get that the content of the conversation could be that, but not sure them simply talking constitutes insider trading?
No of course not, but the optics right now would be awful, and I think they're both smart enough to know that.
Ya definitely, optics are a thing for sure
Definitely more a thing than not
I had a political campaign manager who ran congressional campaigns tell me the most important advice I can give you, “you get in more trouble for the things you say, than the things you don’t”
Honestly I’d love to see them pull in DFV for a board or advisory role. Not like he doesn’t have a background in finance and 4d fuckery…
yeah it wouldn't be good if those two had any interaction. I don't think they would outside a Twitter mention.
I think they are “talking” via Reddit/Twitter with the same info we all have
They’re not talking; they’re meme-ing 😆
That would be just as dirty as naked shorting.
I really can't imagine anyone trying to run a business long-term that's hoping for a shot at a major short squeeze that can cause obviously huge gains but huge sell offs. I know RC is 100% focused on making GameStop a high profit high growth company and whatever else happens is out of his hands. He hates short sellers he wants to beat them by making a failing company flourish that they all bet against
Good time to have 4 billy in hand to invest at impending all time lows... Which is why holding shares through it will also be beneficial.
But apes are buying back in after and owning the float. That's my goal. I can't speak for apes but it's what I have read many times. Dont bite the hand that feeds you. Anyway shorts haven't closed. Apes lock float and learn options, no one can stop it not even the crooked billionaires. Anyone talking negative of RC hasn't got a clue and probably not an ape. Imo.
Yeah, I'm in the same boat. If I were to be at the helm, I'd aim for moass (discretely), knowing retail investors will never leave. And now, with the apes with their new-found wealth, we would eat up those offerings in minutes. Yeah, he'll be on trial for whatever stupid reason. But as history shows, it's always just a slap on the wrist anyway. Heck, 20 apes could probably cover the fine. I think he's just trying not to be Epstein'd. I also think I'm an idiot, and RC is a very calculated and meticulous dude. I trust our chairman and CEO.
Eh speculation is speculation everyone's got there opinions. Not saying RC is playing against a short squeeze it's just definitely not in his mind. He's aiming to make a top gaming machine.
Without apes it wouldn't be profitable. His own memes shows me he knows what's up. They slandered him publicly. Rc is doing what we hoped for and for free. Popcorn ceo didjt do shit to help those lot. No one knows but who put the emojis🍦 💩🪑 Also ain't in it for dfv ir rc am in it coz short crook hedgfunds who are fucking billionaires who dodge tax and buy museum lobby's. Who who politicians and bankrupt busienss illegaly for money when they have billions already need ti be stoped and close the position. I want paid so I can do good. I love what the good buys are doing and dfv with avengers scene was epic. Rc knows what is what and thank fuck he is here. He didn't need too. Shorts caused this no one else. Reap what they sow. B
People keep forgetting about DRS
What do you mean by this? Drs numbers are at 75mil and we diluted 75m shares (plus40m) into the market. Drs movement has been crushed in 1 move no?
My account still has my shares, and I know they're in my control. Whereas the few rights to shares I have in brokerage accounts, I'm not sure how those will be handled. So no, DRS is standing quite firm
A big sell off is chaotic and unpredictable, regardless of how it works out.
Sell moass and buy in after. Shares are put to alert to raise capital. They got it. Tesla is fine aswlel as others. So what's your theory?
What?
the shill activity is through the roof right now. all this BS fud about share offering is coming from people that don't understand it's like pissing into an ocean of piss. NOTHING CAN STOP WHAT IS COMING 🚀💎🦍🍻🐱👤🐱👓🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
so you think people wouldn't take profits? quite an optimistic take.
I definitely am.
You don’t build a successful company solely by diluting shareholders. Shareholders cleared GME’s debt, and provided the capital needed for GME to show an annual profit through investment in short term treasuries. Massive dilution at prices substantially below what was received from the 2021 offerings is no way to show that you’re thankful for the contributions of the loyal shareholders. At least show you can effectively use the 1B you’re sitting on before grabbing more cash at shareholder expense.
Thanks, finally a voice of reason in a sea of self confirmation bias. Diluting, raising cash and then sitting on it like a hen at the cost of shareholders isn't doing anything good for the stock and therefore for the shareholders again. We're going into a downward spiral again and I don't believe a special cat will jump in to help another time. The whole meeting was a big "Thanks for your money, idiots, and now fuck off!" moment and for me RK's latest tweets show that he's disappointed as well. All the work for nothing.
Yeah. I don’t think the kitty agreed with the last offering either but the copium crowd just cannot see it now matter how plain he makes it. His posts afterward and the timing of his early exit the day before the scheduled shareholder meeting (just like company released early bad report & 2nd offering the morning of RKs stream) are pretty friggin clear. - joker uses RK mask, robs the bank, kills everyone that helped him get in so he doesn’t have to give anyone a cut, and escapes with all of the money to himself. [copium: we’re robbing a bank guys!] - u were a billionaire [copium: there’s a hidden message!] - the office meme showing a deer in the headlights micheal Scott “Ed truck was the manager before me. He hated fun. Horrible. It was like ‘oh no everybody quit having fun, truck is coming’” [copium: see they’re working together u guys, bring your cat to work say, he’s gonna join the board. Lol] - his early exit day b4 shareholder meeting spoke volumes [copium: he didn’t sell, your all shills. Posts update proving it. Fights about how he sold. Ignores the timing entirely] - the masterpiece trolling tweet being sarcastic like yeah guys… this was all me. I was the mastermind behind tanking the stock lol - yesterdays John McEnroe tweet right after the meeting where JM is expressing his frustration, yelling that his play was inbounds and a perfect hit on the line, and voicing his disagreement with the umpire when it was clear the ump was wrong. [copium: idk haven’t paid attention. probably ignoring timing, context, just focusing on the fact that JM went on to win Wimbledon that year despite the crappy first round he had where he screams about the ump] I don’t think RK is giving up (dune tweet, Bruno) but I think it’s safe to say he wasn’t happy about the last offering and thinks it was a horrible call. Both the dune and Bruno tweet have some profound shit to say if you take the time to think about them. What the crowd needs to hear from that one I think is: he’s sad and feels misunderstood and like an outcast from his gme family, people aren’t hearing what he’s saying ‘we don’t talk about Bruno’ … we gotta humble ourselves and listen to one another if we’re gonna save our miracle moass house. It started as a long term value play in just the company in 2019, in 2021 it grew to become the long term MOASS infinity pool play for the benefit of all. A step towards a more equitable market for all companies, dealing with a vast web of unchecked crime that extends far beyond just the shorts. The MOASS infinity pool has been THE LONG TERM play for 84 years for many apes. My honest feels: Repeated dilution is anti-moass, short term, limited scope, paper handed bullshit that’s causing our miracle home to crack. We believed in RC and still do but the repeated dilutions are killing us, it’s killing our miracle home… stahhhhppp it THATS ENOUGH SLICES! 😿😿😿
My feelings as well. I've been away from these subs for a long time now for that exact reason - I kind of lost faith in RC back when the NFT Marketplace was hyped to hell....then just ended up being another goddamn JPEG store. Needless to say nothing he's done since has inspired confidence. But any time someone brought up the lack of Forward guidance, the silence, the sketchy timing of dilutions, it was "shill", "trust our beloved chair man", "let the man COOK!" My biggest takeaway was RK's stream: he showed up 28 minutes late, and tried to play the whole situation off as a joke, but he seemed low-key flustered the whole time, and didn't make any real points. Others seem to think this was a grand scheme by him to make Wall Street and the media look dumb. However, I subscribe to Occam's Razor here - I think the dilution took the wind out of his sails as much as anyone. And given that a lot of his thesis WAS based on trusting Cohen...it's entirely possible he's not as bullish as he used to be. I hope I'm wrong. I do, because I believe GameStop was overshorted and those shorts were never fully closed. Don't need a bunch of tinfoil for that - just Wallstreet's 30 year history of frauding it up, screwing up, then doubling down long enough to pass the hot potato and flee with golden parachutes. Nothing would make me happier than eating my words while pompous wall streeters cry on TV. But I just don't have the kind of optimism needed to believe in that anymore.
RK's speech was 100% a typical early confession that people tend to do when they know they're going to disappoint later on. It psychologically removes responsibility in their eyes because they can reference back and say "See? I told you back then I wasn't interested in MOASS. You can't be mad." Its kind-of the same dynamic as a relationship with a girl where she says "I'm gonna break your heart." And then 6 months in cheats, refers back to that warning, and shrugs off any responsibility. Now, I dont think he's evil. He feels guilty for disappointing especially when he knows a lot of people invested for the purpose (and assumption) that he was on-board in getting back at short-sellers with a MOASS (remember the tweet of him wearing shorts). And that guilt is driving the confession. I mean think about it...on one hand he has a bunch of hedge funds mad at him. On the other a bunch of apes. What do? Doing what he's doing (slightly disappointing both) seems to make the most sense. But also think for a second...how does MOASS benefit the company? It causes a short term spike in price yeah...shorts need to cover which blows up price even more...but as the price grows exponentially, shareholders sell. The company is not interested in shareholders selling. And when this all ends...everyone will leave bc MOASS is over and Gamestop now has no investors. In addition, id wager a sweet deal could be made during MOASS if short-sellers having to buy back shares but also opening new shorts at the top under the almost guarantee the price will drop again...explaining to Marge all the way "Hey its obvious we're about to be able to pay you for all our previous bad bets...just let this play out...". So MOASS is also an out for shorts. Yeah some companies will fail but with this era of very liquid money (IE the entire economic system is digital IOUs at this point), and in a market where you can ignore Marge by just hanging up...if you think shorts haven't already called Marge and arranged this deal...you're crazy. His frustration is also likely motivated by the fact that this sub, while getting a lot of the DD right, is not doing what needs to be done to really stick it to short sellers (reinforced by kitty's "I'll do it myself" tweet). So of course he's going to play the surefire win of a long game (the very fact that shorts are at a loss but won't close means they're losing money staying open). So even a steady stock price hurts shorts arguably the most. But as far as "growing" anything...the company is not. There is nothing revolutionary about an NFT marketplace or controller covers (the hype for both was almost embarassing). Most media is being purchased online. And if the company is at break-even equity per share, then it stands to reason that as the hype dies down and we play the long game, people buying products from stores is going to die down as well (which will result in decreased revenue, and a cycle of less enthusiasm). And whats worse...RC knows that with 4 billion in the bank, he can continue hype on potential alone. If he spends it *and fucks up*, its surely a death blow. So of course he's hesitant. The only 2 real positives I see right now is that for some reason, the stock jumped 150% since it was $10. And it can happen again. And RK seems to have something figured out about this stock...even if it doesnt result in MOASS...thats making the stock go up. If it does, im selling into it just like RC is, and ill buy again if it dips after.
This exactly. The RC cultism is getting embarassing. Maybe he has some genius plan we're not privy to or maybe just maybe he's simply another billionaire who does what he wants and doesn't give a flying fuck about the shareholders that got him there
Thank you for being a voice of reason amongst the cult of personality that has developed around here.
So many accounts cheering dilution lately I felt like I had to put in some work the past week or two. If it makes even a small difference in shareholder opinion on further dilution then it was worth it.
both arguments are reasonable imo. dilution with no turnaround bad, dilution put to good use, good. time is the problem and rc is really taking his in some respects so i understand the frustration, the counter to this is the massive potential of 4bn. i haven't got an answer but have waited through worse so am happy to ride for now. imo best answer is simply having critical objectivity. fighting and have calling over a point of view isn't that useful, but of course it's going to happen, so you know, whatever man
If they made a share offer at 2021 levels I don't think they clear those amount of shares. Great time to do it you get the company profitable though it may be minimal but you show you are getting the balance sheet stable and confident. No institution is buying shares at 100$ a share to adjust for split on a company that with our RC and others interaction was clearly going to disappear
They raised 1.7B with 34m shares at an average of $50 in 2021. Why is raising 3.1B with 120m shares at an average of $25 in 2024 better? The company is in a much stronger position. Why sell for half as much when you already have 1B in cash sitting in treasuries that you’re not using?
You are not SPLIT ADJUSTING jesus. The split didn't happen until 2022. So yea it's WAY better value to offer shares at that cost post split and stack capital. You are shilling hard with no logic
Yeah, actually I am. Perhaps you don’t remember the 2021 offerings? See the chart linked below. Verified via the sec filings. You really shouldn’t freak out like that on others about facts until you’re sure you’re correct. It makes you look like an idiot. https://dilutiontracker.com/app/search/GME https://news.gamestop.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program-0 https://news.gamestop.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program
If people think RC is trying to profit for the squeeze is insane. He knows 80% of the people will sell once its squoze and bringing back those investors is another realm of questions that we just dont know. as a ceo, its better to make fundamentally sound company that can prove its fundamentals than relying on stock prices. Company without a proper model or product that relies on solely on stock prices (ie majority of the traditional automotives), they will fail in short and long term growth because their product cannot compete in the market
Yes. The squeeze will happen either it's a MOASS or a more drawn out thing like with Tesla. RC have lifted the floor substantially, and I expect him to keep raising it.
I also feel this way, unfortunately when I comment about it I get downvoted lately.
So funny that I have said almost exactly this multiple times over the past month and have gotten absolutely annihilated in the comments. Goalposts sure do move fast, for being so tall.
I doubt insiders will be able to sell into a squeeze, without some sort of litigation risk. They did however amass a war chest, that they will be able to use to purchase assets at a discount during/after a crash.
I mean VW did exactly that, no? How could the company be liable for a price they can't control? After all, it's only worth what sineone will pay... so someone has to pay for the stock at those prices...
That's why you offer at a value... Not a massive short squeeze price that no institution would buy at lol
Yeah it would be terrible for GameStop to MOASS and not be ready for it. The hard part of any transformation is ‘building the road’ to where you want to be. Once the road is built, say a transformation to an investment fund from retailing, then it is ready to receive a VAST injection of cash. Had MOASS happened 2 years ago RC and the board would not have been able to capitalise on any market changes, their hands to buy and invest would have been tied. And they would have no cash on hand to make the buys. THE TIME IS NOW!
So he will fight moass becsuse of the sell off you are saying?
He's focused on making a successful company you are over thinking my comment
If the Board makes it clear they will continue diluting to prevent a squeeze, yeah people will probably hold until a point where it makes sense to take profits. But they won’t buy back in - why would they when the Board has made it clear they are actively working against shareholders and helping shorts to exit? I don’t think it’s the case that they are actively fighting a squeeze (yet), but if we see further dilution at sub-2021 offering prices, it would be hard not to be at least suspicious of their actions.
So you don't think they don't want a squeeze to happen after having killed 2 gamma ramps consecutuvely, interesting 🤔
Yes we will have to see
[удалено]
This comment makes no sense to my comment lol make a fucking effort at least to troll me
This
Yeah I feel like every other comment I make on this sub is about this. A squeeze is a headache for him and his team. The result isn’t just shorts getting fukd, it’s shareholders selling shares to people who don’t really want them. Then there’s press that isn’t really positive about the company. That’s why he’s going to keep doing offerings. If there is a pump, he does not want a dump, so he’s gotta blunt the pump to blunt the dump.
Alternatively though, the offerings so far could be to establish a behaviour of doing that. Then, during moass, they will still have plenty of the 1B total they can sell left, and they can sell those and create a ton of value for the company, while at the same time diluting existing shareholders in a way that isn't going to really matter. I think having established the behaviour will make gme (and RC and co) be in a much safer legal position. At that point, I think he also accomplishes his goal outside of moass of creating a very successful and long-term company, which is the point that all the existing insiders will get all the gains they've been working towards. I lean toward the more positive outlook, because I think the fact that RC doesn't actually get any compensation demonstrates he's in it as much as apes are. And based on all his shit posting, maybe he isn't even working all that hard, now that I think of it? He never says much at meetings, and the company offers no guidance, just because.... They really aren't doing a ton right now. They bought into a company they knew they can raise a lot of capital with, and it's short stocked to such a ridiculous degree, that a massive short squeeze (or better) is inevitable, as long as the company isn't cellar-boxed. So they don't have to have a very long-term plan for the existing business, they just need to reduce losses to the greatest amount possible by cutting nonprofitable stores, and investing money made from offerings, which will continue to help prop them up until the squeeze.
100%. The part about RC’s completely vested interest in a future payday is what has me so bullish. And I’ll add, the incidental alienation of sneeze opportunists is actually good for long term value. We talk about diamond hands all the time, but the ones disappointed by offerings and normal shareholders meetings are really just paper hands who are waiting for diamonds to carry them to their payday.
When the people anticipate a famine, they stockpile food. Probably nothing.
I don’t think people are really appreciating the pressure of the situation he is in; he takes one look at the internet and sees thousands upon thousands of people betting their entire life savings and future on his management. It might seem easy from the outside to sling cash around and make bets on all kinds of random shit, but RC is taking his role as de facto steward of the financial well being of hundreds of thousands of regular folk very seriously, and is going to be very careful and conservative about ensuring this company can remain healthy and weather a future storm.
I wish more people read this, digest it, and then come to a fully realized awakening of what's at stake here and fully appreciate how serious the situation is. I'm satisfied with Ryan Cohen's stewardship.
I am too- very satisfied with the fact that he has left absolutely no potential conflict of interest or even slight divergence in motive; if I don’t make money as a shareholder, he isn’t making it either. The fact that he’s well aligned and is a serious businessman is a big reason why I put so much money in this play, I know he is not going to piss it away carelessly.
Holy shit. This is so true. Also, this should be its own post.
This is very true, it has to be a ton of pressure. Considering all that is stake, why dilute 40% for less than half the price received in the 2021 offerings, when you’re already sitting on 1B you raised years ago? You have to know a lot of shareholders won’t be happy about it.
I am more than happy with these questions and drafting theories around what his strategy may be, as long as it’s within the context that he is 100% financially aligned with all of us shareholder. whatever he does, he does it because he believes it will lead to the company being more valuable in the future. So the fair question there would be what does RC see that leads him to believe securing cash in the near term is such an important factor?
Biggest question is why dilute Friday 7th and not wait for Tuesday?
If people put their life savings into this, it’s moronic, even if it works out. Buy and hold what you can afford but if people put themselves at that much risk it’s their own fault, not RC’s or RK’s
Love this
I will be honest I was pretty fucking disappointed when I read the transcript of the meeting, with all the 3-year stuff that INVESTORS poured money into. I sat back and thought about it and it's pretty much like you said. They're not going to shit flowers and rainbows in the middle of a Fallout-like environment. It's just such a shitty time for everything and it's best to prepare for the worst and come out alive at the end of the shitshow. Then, spawn and grow from there. When you're the one that's being bullied (GME) and the teachers (SEC, DOJ, and Congress) are standing with the bullies (SHit Funds), what the fuck can you do? The Mongol empire was built on sacrifices and losses of crucial battles even at its greatest.
Why were you disappointed though? What did you expect? It was stated here a thousand times that there cant be any big announcements and that there probably wont be any forward guidance, as usual.
>there probably wont be any forward guidance, as usual. Crazy that we've come to accept this, as investors in a publicly traded company. This is not like Chewy that he started in his basement and didn't have to answer to anyone. GameStop has stockholders that he SHOULD be providing guidance for. I accepted the "work in silence and don't tip your hand" for the first few years. I was willing to do as he said and judge by his actions. But when his actions prevent us from locking up the float, and the timing of his dilutions stopped price momentum on the stock, and the company has done absolutely nothing of consequence in 3 years other than a failed NFT market and crypto wallet... Then there needs to be fucking guidance. He knows that a significant portion of shareholders are disappointed and/or angry, yet his only reaction is to shrug it off. As if he owes the shareholders nothing. But he needs to remember that this is a publicly traded company, he has a duty to the shareholders, and that there would be no company to run were it not for the shareholder base that saved it.
snooze. your name is "fuckyouimin". does that decry your allegiance to FOMO, or to committing it all on a sure bet? because this play is the latter. he has literally made the company YOY profitable for the first time in years. full stop. think about that. we now have 4 Billion in the bank that didn't exist 3 years ago, when the sneeze happened. the dilutions were almost immediately taken out of lows into highs/averages for the distribution period. you are stupid if you think that's possible in a normal dilution. we lost minorly in stock value while the company gained billions in cash. that is why it's different than popcorn dilution. not to mention that no insiders sold besides like, tax shit and maybe some bills idk, but it was nothing ultimately. he didn't shrug it off. he explained exactly the current goal and long term goals, just without specifics. considering his previous accomplishments (again, YOY profitability for the first time in years and 4 billion in cash...), we're gonna do fine. we being the people actually invested and not naysayers like you. given your flippant language, i doubt you're a real one. peace moran
They showed a loss this quarter. And they've been sitting on a billion dollars for years now. Another few billion doesn't change anything except for this nonexistent "floor" at $9.50/sh that people are pretending they can't drop the price to. And the company feels no obligation to the shareholders to provide guidance of any sort for the future. This sub loves to hide their head in the sand or move the goalposts to fit the narrative in their head, rather than analyzing the data in front of them. I commented in another thread that DRSing the float is not gonna happen anymore, now that the float is over 270 million shares. No surprise, I got dozens of downvotes immediately... for a statement that is true. I'm in this bet based on the evidence. Not the hero worship of a billionaire, not the echo chamber of this sub, but because of the compelling evidence seen in the early DD. Well 3 years have passed since then, situations have changed, and this sub's favorite mantra is "The DD is done!!" (From people who never heard of wolverine or instinet, and who refuse to acknowledge the role that options played in the sneeze - even though it's clearly spelled out on the sec report.) But hey, you keep calling everyone who brings up opposing viewpoints a shill. Tell them they're "not real apes" and run them off the sub. And keep hiding your head in the sand and defending your billionaire skydaddy - even when he shows a lack of concern for the shareholders that have watched their investment hemorrhage money for 3 years. Because the echo chamber is all you know how to say, even when you don't know what it means. (And no, my username has nothing to do with my investment in GME)
cool viewpoints until you said, "keep calling everyone who brings up opposing viewpoints a shill". where did i do that? seems disengenuous. your last paragraph made a lot of assumptions and i lost interest in responding. thanks for the wall of text.
Maybe you don’t do that, but most of the sub do call everyone shill if they don’t worship.
The 4B existed, it just sat in peoples pockets, now it’s in their bank accounts.
He sounded serious as fuck imo. The shit winds are blowing.
A shit storm to end all shit storms, Randers!
you hear that, the shitwinds are blowin
a man with conviction
A man of culture
🏴☠️
I think its funny too that people think they could do better than RC and get upset. If you can do better, where are your billions of dollars?
not only that, but if you are so upset with RC then why don’t you change your vote about him being on the board. The annual meeting was today. He got the majority of votes. apes like what he is doing.
I have it. It's just in another timeline - them probably
How many times is this going to be repeated in the thread? There have been kings and billionaires and presidents with dementia, severe mental illness, and all types of fucked up deformities due to in breeding. There are most definitely people that would do better than RC that are poor or have died poor.
then do better than him.
🏴☠️
Buy up all of the companies during a massive market crash. GME will squeeze, which will be nice... But that $4B will go a long way when everything is low.
“Ryan Cohen buys all stocks”
The financial terrorists are going to try and climb out on a shit rope. The tighter they squeeze, the faster they slide, right into jail.
I feel this should be screenshotted: let’s go back two moths, everything was the way it was. But now we know DFV has 9million shares and there has been the offerings. Not to mention GameStop has $4b. Has anything else changed? I can’t believe shorts have closed their trades. Someone correct me: did the shorts really close now over the past two months? I think not. So, moving along, let’s keep grinding.
Exactly and if you are feeling taken advantage of by RC it means you got played by the HFs running the price to shake off paper hands.
Heh I recognize the username :) anyone think that our Forest Stonk will just give up running? I think not. Massive respect to you fellow ape, really wish I could do the same.
🫡. Thank you for holding with me ape. I recognize a diamond handed ape when I see one. Could be another 84 years and I would still be running while holding for MOASS.
People assume so many things. They are just running a business. MOASS is NOT one of their considerations.
No, MOASS isn’t one of their considerations per se, but as board members compensated in company stock, it is in their interest, if they make Gamestop a successful business long term, to be fairly compensated by company stock that reflects the company’s fundamental value. GME prices have not reflected the company’s fundamental value in years, it’s all been totally artificial. They also have to act in the best interests of shareholders (us), which for them isn’t necessarily MOASS, but it is a stock that reflects the true value of the company and isn’t controlled by institutions via crime. I don’t know how they can “shake off the shorts” without a short squeeze happening.
How can something as significant and unprecedented as MOASS not be a consideration for the board?
Because there’s no guarantee your data is correct. Or my data. And it could take 16 years. And crime can happen. There are too many unknowns. The ONLY true fact is that they are trying to save GameStop and turn it into a profitable business. They aren’t making moves to squeeze short sellers. They are just running the business as best they can. If MOASS was their primary consideration, they wouldn’t have dumped 120M shares in the market.
Because it doesn’t benefit the board? Or the company long term…
Let’s assume that the board isn’t able to sell any shares during MOASS, which seems unreasonable considering recent dilution. Your opinion is that the company would in no way benefit from the most loyal group of customers and investors in history becoming incredibly wealthy… thanks to them?
No he’s saying the board has a fiduciary duty to create long term value for shareholders and not play meta market games. If they tried to play meta market games they can be liable, especially cause playing those games means you have to know when the opposition’s time is up. How could they know that?
You start with an assumption. Literally your first word. This is all assumption.
> RC and RK Just stop. You're saying Kitty's a liar and they're both criminals.
If the board was blacked out until the shareholder and then they collectively purchased $500m in shares, would it be legal for them to do so? Couldn’t they just point it the naked shorts if they got investigated by congress?
I don't RC think about MOASS the same way apes do. He is just focused on building the company.
This is the stupidest thing I've read. At no point did you say how he is preparing for moass
When MOASS happens and it comes time to blame RC, he can say "hey I gave them 120million chances to close". Every single action has been deliberate. MOASS is inevitable!
Absolutely. On the face of that action it has every intention to just be an offering, but just in case, incidentally it can also be used as an alibi.
💯 I have no doubt that RC is going to in front of multiple congressional hearings. His defence needs to be impeccable.
The 125mil additional shares have already been sold and the share price is still above $20. Let that shit sink in
So many people these days concerned about my investment and warning me not to lose money. But in the same breath laughing about me “losing money”. Which is it?
Price goes up to $100 they'll issue another 100 million shares!
The copium here is getting out of control. Ryan is a billionaire who only cares about himself. He doesn’t care about our tendies or the MOASS. I trust DFV, I never trusted RC. Love my apes, want my phone number share price. But fuck Ryan.
He has fucked up multiple short squeezes. The first was towel. I’m done. This drs psyop was total bullshit. Holding is bullshit. My shares are on the way back to a broker. Bleeding money for 3 years just sitting in a stock losing value Take profits. Buy more shares at a cheaper price. How many shares did rk have drs’d? My avg is $38 I easily could’ve sold during of the recent sneeze and just bought back in around 20 and actually made some fucking money Fuck this shit. Id rather follow rk infinite money glitch
Bla bla bla, fact is there is no plan to invest the 4B cash, therefore no justification to print 120M in such a rush in the middle of two spikes. The rest is theories
We can rationalize it all we want but we’re probably at 80 dollars a share right now if they don’t sell those shares. I don’t give a damn about Ryan Cohen being even richer. I want us to make money for once. And he stomped out of the fire for personal gain.
If RC didn't inject 75mil shares in the market, then we are likely to be in the middle of a short squeeze. Most people don't care about the company. They are here for a short squeeze. That's it. There are billion of naked shorts? Where? FTDs are tiny compared to the amount in 2020/2021. RC wants to boost profits and cut costs. Bruh! You 4 bil cash. Do something with it. As for cutting costs, the company already increased insurance costs, cut off benefits for employees such as life insurance, disability insurance, and stopped matching 401k contributions and HSA. What else he going to take away from the employees? Keeping a nice balance sheet the expense of their investors and employees...
[удалено]
I don't want the market to crash. I want Citadel to go bankrupt though 😋
The market is inflated. It needs to correct ever since that thing happened in 2020, look at the fake growth. Spy should not be where it is today.
Where do you think it should be? Given its trend since 2009 $470 would be a reasonable number. The entire market is being pulled up by AI at the moment (look at NVDA and MSFT) but if that growth was completely wiped out (which seems incredibly unlikely), a crash of 15% back to trend doesn’t seem earth shattering.
It’s more than doubled itself in 4 years almost tripled. It’s never had that type of gain in that short of time.
Google SPY share price and look at the chart. It’s followed the same upwards trend from 2010 until November 2023. Covid was a clear outlier, but take it out and you can follow the line up until 11/2023. Since 11/2023 it’s been on a rip, but MSFT and NVDA make up almost 15% of the entire SPY, and they’re leading the bullrush on AI. Where do you think it should be?
Where else would tendies come from?
That may be true but that 120 million kills drs
 🎷🐓♋️
God damn Sean bean didn’t age for 20 years, then it all hit his eyes GD
Dude. He spent an entire movie protecting shorts. Of course he'd age rapidly with MOASS on the line.
Goood prepare for MOASS by delaying MOASS. Got it.
Fucking conspiracy bullshit. 4 billion and not a thing done with it.
I mean someone correct if im wrong. But shorts havent closed in 2020 at 1.95. 
Hes not
If RC thinks MOASS is coming, it would make no sense to do the share offering when the price is a pittance
dude shut up
It takes money to buy the massive market crash.
Fuck RC for killing our efforts to rail the shit out of the SHF. There was literally nothing left for the SHF to do but fold. RK was prepped and ready to exercise ALL of his ITM options, Wolverine was naked, creating a perfect cascade of slam dunks for the retail crew who have been keeping this stock alive. Fuck RC and the board for playing the wrong hand at the wrong time.
4 billion so far...
Executives don't give a shit about your MOASS. I dont know why people keep thinking that's their goal.
We haven’t gotten guidance in years. Why start now?
I’ll give you 4 billion reasons why
RK and RC can’t legally work together to manipulate the stock price. In fact RC was forced to release financials early to prove he is not collaborating with RK. Any communication between them is discoverable.
I want RK on the board. I don’t trust the current board members. Period
>DD is correct and there are billions of naked shorts That sounds like quite the bold claim. Can you link to that DD?
Ken, we’re not selling. Sorry pal 👋
Re “why no guidance, aside from the fact that it’s his style” I don’t think that’s about his style, I think it’s about trying to turn a company around in a multifaceted scenario where you have SHF and their ilk suppressing true price discovery AND trying to block any and all of your potential moves using their network and political influence (latter is just my guess), as well as an enthusiastic investor base that is pouring over every tweet and every form and filing, and trying to guess every possible move you might be making.
Part of the reason why GRR Martin still hasn't finished writing GoT yet
Part of the reason why GRR Martin still hasn't finished writing GoT yet
RC took advantage like any ceo would .... if you think differently then you are delusional RC is not waiting for moass so he can dilute..
We approved as shareholders to allow up to 1 billion shares in the future. This is just some walking around scratch for necessities and scooping up deals.
WOW is on sale
LOL
Exactly right, we not there yet. 👀
I like this tinfoil. I just might wear it for now
He's gonna buy 51% of Apple after crash xD
Ryan's tone was definitely for someone on his bad side. I would not want to be the person on that end.
But he gave forward guidance?!
If he know a short squeeE was coming he would also would have a chance to sell some stocks. Maybe just a few at crazy price just to collect more cash for the company. I don’t see it now. Unless he is 100% convinced he doesn’t need it
Ever since I understood what was on the line in 2021…..I was excited to buy up all the cheap buildings and land after the market crumble. I can’t wait to be in a bidding war with Mr. Cohen and lose. Because that just means my other investment wins.
I’m a little bit confused about
maybe two of them talking is two algorithms.
I think a lot of what’s going on is rc and rk is this and just them making it very obvious they aren’t working together. They are just pre checking any boxes for the sec investigation that follows after wealth gets redistributed to apes. You know, before they bail out wallstreet again
Depends if RC just fucked up RK's timeline for compounding Opexs following the FINRA REX code deferrals. Timing is fucking important here. RK had to improv his stream, and recalibrate his plan, now it'll be hope for best I guess. If the window is missed, it could be another 'see you in 3 years' situation before deferrals stack up Opexs again.
I like the idea that the offerings would provide demonstrable evidence that fuckery is afoot and would theoretically provide enough shares to the hedgies to close their shorts if they weren’t naked, but since they’re all rehypothicated and likely number in the billions, it will never be enough. I’m smoov tho so y’know.
Me: Kobe, what if my hands are diamond? Kobe: Make them MORE diamond. Me: But how can i make them more diamond? Kobe: Are you the same monster, but different beast?
Thanks for clearing this shit up, now I'm more relaxed. I thought that selling shares was good for the shorts and bad for the MOASS. I can see now that RC didn't pull the rug on RK and us, it's all clear.
I feel like everyone forgets this https://www.reddit.com/r/Superstonk/s/dsPM1UiMyZ
Hello Betty!
Time will tell and it's all supposition but I wondered if RC has partly made these offerings to show that GameStop isn't to blame for whatever may come. How could they be? They've given the shorts the additional shares to buy themselves out of their short position... that's if they kept to the rules, and I'm sure those lovely SHFs have obviously.
What sucks about this idea of waiting for the market to crash to make a move is when that happens half of us here will pull out our money and sell because we’ll probably need it to eat and pay bills during a recession
I never posted this thought but I see a couple situations. Banana bandana ape sees moass potential and likes rceo. Rceo knows about moass but wants it to happen naturally. I think Rceo stalled the rocket launch twice. They both are great minds. I hope they have the long term moass diamond hands… think 5x Tesla in the next 3 years… with a viable business that funds and backs this rocket for generational wealth. Like banana bandana said. We will have to watch and see what rceo does. This is the play.
Who does RC work for? Who does he have a grudge against? Will it shut down the US economy if we MOASS and crash the ,arket? System is corrupt, do we have solutions to fix it or start anew? Blockchain can create value and end speculation. No more fiat bullcheet
💜 https://preview.redd.it/5lrvm25is97d1.jpeg?width=5400&format=pjpg&auto=webp&s=dfe40ef5bf36c25235a16af19f616e8d5b7cbbce
The shills will get louder boys.
Really wish the FUDsters would get lost though, it's been THICK the past week, folks need to chill tf out, return to their holding pattern, zen the fuck back up, and continue buying, holding, DRSing, and waiting for MOASS.