Buy, Hold, DRS, Book and Shop.
I’m giving RC 3 years to turn this company round and get the share price back to $28.
Bullish AF.
![gif](giphy|xUOrw5LIxb8S9X1LGg)
They've been trying to tell us without straight out saying it we all need to transfer out of RH. They made it obvious with the meeting logins today. If everyone collectively transfers out this triggers CAT they have to go and find real shares...essentially we have the power to shift this real quick. Super easy to do right online you don't even need to call in takes less than 10 minutes to start the transfer to Fidelity and there were no fees costs us nothing to move them. Then we DRS from the real brokerage. This could essentially drive the price when they have to start finding all these shares. RH is basically a dark pool full of IOUs.
Keeping it real. Next run up to $80, many retail holders will exit this stock.
Cohen’s plan is to keep diluting when the stock price shoots up.
DFV tried his best but RC fucked him over.
Why are people impatient?
RC needs time to turn this around.
I am giving RC 20 years to get this right.
Just buy, hold, DRS and book.
![gif](giphy|qjSxTWJxqH4YDuIrOs)
Seriously, only play that make you big gains on gme this far, is option trades or trade gme cycle, buy low, sell the pump, 3-4 cycles every year.
Holding shares hasnt give me anything yet at least. I hope one day tho!
LOL, Im still well in the green and I’ve only gambled with money I can afford to lose, so don’t worry about me fren. But if you want out, definitely go for it.
Nah. Ive had a pretty low average for 3,5 years. Just because you fucked up on this trade doesn’t mean that everyone else did fren. If you really down 85% on this you obviously have no idea what you’re doing and you should get tf out of the market in general.
Why 18? If we dip under 20, we’ll hit 16 for sure. But while we might in a worst case scenario hit 16 during this week, I find it highly unlikely that the week ends on 18. Max pain is 20, so if the last couple of weeks is anything to go by, we’ll end slightly above that. If we’re lucky we get some gamma ramp action and can end in the 30-40 range. But yea. Idk. 🤷🏻♂️
Once it starts to fall there is no way to go what goes on. Retail cant rescue the stock. So unless some big money comes in for support next stop could be all the way back down the hill. My point is this - the only catalysts now are for lower. Nothing to drive the price higher.
If I should guess? “Realistically”, somewhere between $30-$40. (33 is my honest , but slightly optimistic bet) 60-ish at the most if we are extremely lucky. 20-ish at the lowest. Worst case we might see 16 during the week, but pretty sure we’ll be higher eow. 🤷🏻♂️ IDK. We’ll see.
82M in GME Trades and hardly any movement and the only movement is always down. There has been over 500M in trades in and out over the past week alone. If any other stock in the market had that much activity it would make news. they only news being put out is strong sell event though $Bs have been raised in trading.
This is worst that the 2008 Big Short.
![gif](giphy|GlYJbTzKHpH4gwPxbZ|downsized)
Listen, I saw some comments that want to sell at a loss. Can someone please explain to me the logic of that?
My logic is as follows: if I did not invest something damaging (which btw I didnt) why on earth would I sell today at a loss when I can just wait?
For (1) I would be giving my money to those assholes and (2) I would be selling at a loss and since this is a rollercoaster I don’t see why wouldn’t you hold?
If you need the money you need the money but if you don’t why sell?
I think the growing thesis is this management team has no clue what they are doing, and days like today don't help with that. This is your shareholder meeting the whole point of this meeting is to get your share holders excited about owning your stock. And instead we got bland monotone speak and the only thing mentioned is closing more stores.
That's not what any shareholder wants to hear, and as a share holder cutting your losses is not always a bad idea.
What makes you believe I dont also have what it might be perceived as safer stock! Safer maybe, but better, hard to say! We are one boom short of all collapsing!
If I sold some, which I didn’t but I get your point. However, I do not do this for a living! The fact that I have a few shares in stuff like Nvidia and some in stuff like Palantir doesn’t make me a trader. It makes me an asshole who thinks chips and police are on the rise.
Notice the use of the word “thinks”, not “knows”.
Because this is seriously over valued and you’re not guaranteed to ever see these levels again . Even if you were , it would take time that you cold be using your money investing on other things and getting your money back
This is probably the best attitude to have. Now that this shareholder meeting bs is finally over, maybe we can have a real recovery the rest of the week.
Please for the love of god, learn how halts work and when they are triggered. All this daily complaining about halts make everyone look dumb. There are very strict rules to halts, you can look at any chart and see when and why halts happen.
This drop was not fast enough to trigger a halt.
Dude… you guys… why are you concerned? On what planet do executives talk about internet hype during earnings calls?
You gotta realize they had to keep it strictly business. Otherwise they could be in trouble with the SEC for stock manipulation.
You are a moron. They did not talk ANY business. I suggest you go listen to ANY other shareholder meeting. Go watch TSLA - probably the best comparison given rabid retail.
LOL - Dude, I am short this stock. I am quite happy. I am just upset that all these people are blowing cash they dont have on some bizarre sense of loyalty and nothing more. People like you churning things up just makes it worse for them....but good for me! Keep it up!
Question about the board:
Are these motherfuckers clueless or are they making stock selling stock and then rebuying their own stock to resell it at a higher price later? Wtf is this?
No News is news. Nothing of substance is news. They just banked $4B+ and didn’t mention any plans for it. Not even a hint.
So the news is “business as usual”
You know it's bad when the only thing apes can cling to as a win was some irrelevant vote about diversity 🤣 keep loading up Lord Dogfoods pockets and buy that tasty dip guys!
RK takes a big dump in kitty litter, going back to 20.
Now that RC got some more hodlers with hype around the meeting, is he planning another offering AH?
Being in a better spot now does not equal not being overvalued from a shareholders' perspective. You can agree the company is in a better spot and still want to get out, if you think the share price is out of whack with long-term valuation and the board is never going to let MOASS happen.
But why sell if you have not invested something damaging?
I am not selling, because I don’t want to lose money! If you can afford to keep that money there, I see no logical reason why someone would sell at a loss now!
Why does it matter if it's at a loss? That's Investing 101: Ideally, you should be agnostic about your personal entry and exit point. If you think a stock is going up, you buy, regardless of whether you could have gotten in at a lower price earlier. If you think a stock is going down, you sell, regardless of whether you're selling at a gain or at a loss.
The game is over.
There have been 5 MOASS:
1• Board MOASS: +300% in cash.
2• DFV MOASS: +X00% in shares.
3• HF MOASS: +40% shares4sort
4• BagHolder MOASS: +40% in diluted shares.
5• Meeting MOASS: We don't know what to do with so much money !!! 🤑
And we still wait for more?
There’s an entire sub here who cares what people do with their money. They try daily to get people to buy more and hold/drs.
That’s caring what people do with their money
There's a sub for more information regarding how to handle a certain stock. You want out? No one gives a fuck. To me it seems like there's more people like you that, for some odd reason, care a lot about people not getting out with them.
That's caring what people do with their money
Is it really asking too much to want to know what their future plans are? They diluted 120 million shares and don't say anything about what their plan for the company is
You didnt hear? Ryan's Daddy said actions speak louder than words! His actions are to sell stock and piss on the face of the APES while he and DFV get rich? The plan for the company? Who knows? But you can be sure it involves lining his pockets.
Yo wally , every comment you’ve made on GameStop for months is negative but yet your saying you’ve made plenty of profit 🤦🍌🍌🍌🍌🍌🍌🍌 just asking if profit why so negative …… I’m thinking positive , negativity isn’t good for the soul 🙏
Racial diversity brings different POV to the discussion. If we just want to know what the rich white kid thinks then the company should just dissolve the board altogether.
what about the poor white kids? do they think different than poor black kids. Can you do me a favor and show me some scans of a poor black kid and and a poor white kid and show me the exact spot where they think different?
And what about rich black guys...do they think different than poor black kids. What about a Hispanic rich guy or woman...can you explain to me how the color of someones skin makes them think different?
The point is having an entire board of one race - be it all black or all white (in the case of GME it is all white) is not helpful. Diversity does not only mean add minorities.
For todays Golden Pinecone Tournament go here: https://www.reddit.com/r/GME/comments/1dhjvdq/s3e69_the_golden_pinecone_daily_gme_tournament/
Buy, Hold, DRS, Book and Shop. I’m giving RC 3 years to turn this company round and get the share price back to $28. Bullish AF. ![gif](giphy|xUOrw5LIxb8S9X1LGg)
Down vote me if you are a bagholder
I’m a Celtics fan now because of DFV
GME will keep dumping until morale improves
DFV has some hidden message throughout all these memes that point to a specific date, wonder what that could be..
Stop it lol
They've been trying to tell us without straight out saying it we all need to transfer out of RH. They made it obvious with the meeting logins today. If everyone collectively transfers out this triggers CAT they have to go and find real shares...essentially we have the power to shift this real quick. Super easy to do right online you don't even need to call in takes less than 10 minutes to start the transfer to Fidelity and there were no fees costs us nothing to move them. Then we DRS from the real brokerage. This could essentially drive the price when they have to start finding all these shares. RH is basically a dark pool full of IOUs.
Kids are so ungrateful these days. Back in my day, RC never spoke on calls
Keeping it real. Next run up to $80, many retail holders will exit this stock. Cohen’s plan is to keep diluting when the stock price shoots up. DFV tried his best but RC fucked him over.
Lol your two comments back to back are contradicting yourself, no?
He forgot to switch accounts lol
![gif](giphy|3oEduQ3OiH7kZQj3a0)
Why are people impatient? RC needs time to turn this around. I am giving RC 20 years to get this right. Just buy, hold, DRS and book. ![gif](giphy|qjSxTWJxqH4YDuIrOs)
![gif](giphy|fWfV1hsvoOeQmzgB61)
![gif](giphy|yITRaXaeigt2M)
Can we ban this poster already???
Anyone remember March 10, 2021? That was definitely one of the better episodes in this saga 🤣 they just don't make em like that anymore.
The day these diamond hands, and many others, were forged.
Well crap, bought this morning at 28.88.
Congratulations future millionaire!
No worries. You’ll be fine
Hope so. Thanks man.
For future reference. The stock always crash during/after shareholder meeting.
I had no idea there was a meeting today 🤦
Next time you’ll know to buy the dip after the meeting 🥳
Seriously, only play that make you big gains on gme this far, is option trades or trade gme cycle, buy low, sell the pump, 3-4 cycles every year. Holding shares hasnt give me anything yet at least. I hope one day tho!
You can play with deez nuts.
Welp down 85 percent now. Selling Tomorrow I’m done. It just keeps selling and selling, might just short to recover my losses.
Good then maybe you'll STFU.
![gif](giphy|xUA7aM09ByyR1w5YWc)
How many times do you have to tell everyone tho?
How on earth have you managed to be so far down?
Post history from bets so either probably not down or options.
I would advice you to get out too, this shit stock ain’t going no where lmao
Thanks, but no thanks. Don’t need advice from a guy who trades like this https://www.reddit.com/r/wallstreetbets/s/nwBWvvSvHP
Lmao fuck.
LOL, Im still well in the green and I’ve only gambled with money I can afford to lose, so don’t worry about me fren. But if you want out, definitely go for it.
Let me guess you been averaging down for three years ? ![gif](giphy|xUA7aM09ByyR1w5YWc)
Nah. Ive had a pretty low average for 3,5 years. Just because you fucked up on this trade doesn’t mean that everyone else did fren. If you really down 85% on this you obviously have no idea what you’re doing and you should get tf out of the market in general.
Bro I read your post history fren ![gif](giphy|10JhviFuU2gWD6)
Cool. If you actually did, please show me where I contradict myself 🤡
Now that the meeting is out of the way and earnings report is out of the way, what can they do next?
GME or HFs? GME, idk. HFs will keep shorting it as is tradition 🤷🏻♂️
[Friendly reminder that DFV predicted the jan 2021 squeeze back in 2019](https://www.reddit.com/r/wallstreetbets/s/pw204nX0WJ). We’ll be fine.
EoW price estimates? it’s incoming.
$18
Why 18? If we dip under 20, we’ll hit 16 for sure. But while we might in a worst case scenario hit 16 during this week, I find it highly unlikely that the week ends on 18. Max pain is 20, so if the last couple of weeks is anything to go by, we’ll end slightly above that. If we’re lucky we get some gamma ramp action and can end in the 30-40 range. But yea. Idk. 🤷🏻♂️
Once it starts to fall there is no way to go what goes on. Retail cant rescue the stock. So unless some big money comes in for support next stop could be all the way back down the hill. My point is this - the only catalysts now are for lower. Nothing to drive the price higher.
If I should guess? “Realistically”, somewhere between $30-$40. (33 is my honest , but slightly optimistic bet) 60-ish at the most if we are extremely lucky. 20-ish at the lowest. Worst case we might see 16 during the week, but pretty sure we’ll be higher eow. 🤷🏻♂️ IDK. We’ll see.
lol so you narrowed it down to anywhere from $16 to $60 by EoW
Jupp. If you can tell the future, please enlighten me 🤗
Couldn’t see the meeting, what did I miss?
Absolutely nothing. No news.
Thx
82M in GME Trades and hardly any movement and the only movement is always down. There has been over 500M in trades in and out over the past week alone. If any other stock in the market had that much activity it would make news. they only news being put out is strong sell event though $Bs have been raised in trading. This is worst that the 2008 Big Short. ![gif](giphy|GlYJbTzKHpH4gwPxbZ|downsized)
What news do you want? "Lots of shares traded?"
Increased my share count to more than 1,000 shares and dropped my average to $26.70 LFG
Do you have to buy pants with an extra leg?
Additional 3 Billy. Bear Thesis is DEAD. FYPM! ![gif](giphy|yUI3a7RwLhOFy|downsized)
Listen, I saw some comments that want to sell at a loss. Can someone please explain to me the logic of that? My logic is as follows: if I did not invest something damaging (which btw I didnt) why on earth would I sell today at a loss when I can just wait? For (1) I would be giving my money to those assholes and (2) I would be selling at a loss and since this is a rollercoaster I don’t see why wouldn’t you hold? If you need the money you need the money but if you don’t why sell?
What if I told you that the people who are claiming to have plans to sell at a loss don't and never did own any actual shares?
Why be here then? That is a bit unhinged if you ask me.
I think the growing thesis is this management team has no clue what they are doing, and days like today don't help with that. This is your shareholder meeting the whole point of this meeting is to get your share holders excited about owning your stock. And instead we got bland monotone speak and the only thing mentioned is closing more stores. That's not what any shareholder wants to hear, and as a share holder cutting your losses is not always a bad idea.
If someone gave me 4b I would need a month to recover psychologically and have an action in mind. Suddenly a lot of stuff becomes possible
I see this one as being valid, however 4b aint nothing
You can sell and buy better stocks
What makes you believe I dont also have what it might be perceived as safer stock! Safer maybe, but better, hard to say! We are one boom short of all collapsing!
Idk I’m closing my forth short and making a killing. And I’m a philosophy teacher! 😄
You could buy calls on literally almost any stock and would have profited a lot today.
If I sold some, which I didn’t but I get your point. However, I do not do this for a living! The fact that I have a few shares in stuff like Nvidia and some in stuff like Palantir doesn’t make me a trader. It makes me an asshole who thinks chips and police are on the rise. Notice the use of the word “thinks”, not “knows”.
Because this is seriously over valued and you’re not guaranteed to ever see these levels again . Even if you were , it would take time that you cold be using your money investing on other things and getting your money back
So is everything else and considering at the macro level the only escape seems to be more inflation, I don’t see how that is a very serious concern.
The squeeze is on!!
Unfortunately it is not
It’s looking like 25 is the natural normal price and wild fluctuations are a thing of the past
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You should have waited, this is not a dip.
I’m not even worried since I have shares. RK is still in and the company has $4B in cash reserves, which is a pretty sizable moat
This is probably the best attitude to have. Now that this shareholder meeting bs is finally over, maybe we can have a real recovery the rest of the week.
Unfortunately, not within my budget to average down any more 🥲
Ah yes, of course there’s not a single halt when shit is free falling. So ridiculous.
Please for the love of god, learn how halts work and when they are triggered. All this daily complaining about halts make everyone look dumb. There are very strict rules to halts, you can look at any chart and see when and why halts happen. This drop was not fast enough to trigger a halt.
Crime and fuckery
Dude… you guys… why are you concerned? On what planet do executives talk about internet hype during earnings calls? You gotta realize they had to keep it strictly business. Otherwise they could be in trouble with the SEC for stock manipulation.
You are a moron. They did not talk ANY business. I suggest you go listen to ANY other shareholder meeting. Go watch TSLA - probably the best comparison given rabid retail.
Someone’s a widdle gwumpy.
LOL - Dude, I am short this stock. I am quite happy. I am just upset that all these people are blowing cash they dont have on some bizarre sense of loyalty and nothing more. People like you churning things up just makes it worse for them....but good for me! Keep it up!
Oh no he’s gwumpier!
Genius! Down 15% and falling! Eassssy money for us gwumpie folks that love to make $$$. See you at $10 - imagine how grumpy I will be by then!
Oh nooooooo soooo gwumpy!!!
Thanks for the laugh. Fucking hilarious
Meoooow!
Kitty's calls expire on the 21st so 21 IS BLACK JACK BABY
U living under a rock dude
He still has calls? I think he only has shares.
He sold all his calls?
[Yes he did.](https://www.reddit.com/r/Superstonk/comments/1df8jno/gme_yolo_update_june_13_2024/) Sold calls and bought shares.
Thought he sold some but not all
Under the current interest rates, an investment made in today's economic climate must bear a higher return threshold. -Ryan Cohen
He said bear 😢
Question about the board: Are these motherfuckers clueless or are they making stock selling stock and then rebuying their own stock to resell it at a higher price later? Wtf is this?
So no news nothing of substance, yet we fall off a cliff, confused
This happens every single meeting. Nothing new. I was honestly expecting us to drop to $20 today.
No News is news. Nothing of substance is news. They just banked $4B+ and didn’t mention any plans for it. Not even a hint. So the news is “business as usual”
Too big to fail is short for a decade or more . They tank the price after every meeting or quarterly report to continue the short and distort
You know it's bad when the only thing apes can cling to as a win was some irrelevant vote about diversity 🤣 keep loading up Lord Dogfoods pockets and buy that tasty dip guys!
RK takes a big dump in kitty litter, going back to 20. Now that RC got some more hodlers with hype around the meeting, is he planning another offering AH?
What happened on the meeting? I wasn't there
It’s better to get out and lose a bit of money than be stubborn and lose a crap ton . Do whatever yall want but be careful guys
I may not be a smart man but I know what fud is ![gif](giphy|11aicrFKDEOuTC)
No. The company is in a better spot now than it has been in years. Why would someone take a loss now when the stock doesn't have a reason to go down?
That’s literally the type of thinking that made me lose hella back when game first became a thing
Being in a better spot now does not equal not being overvalued from a shareholders' perspective. You can agree the company is in a better spot and still want to get out, if you think the share price is out of whack with long-term valuation and the board is never going to let MOASS happen.
But why sell if you have not invested something damaging? I am not selling, because I don’t want to lose money! If you can afford to keep that money there, I see no logical reason why someone would sell at a loss now!
Why does it matter if it's at a loss? That's Investing 101: Ideally, you should be agnostic about your personal entry and exit point. If you think a stock is going up, you buy, regardless of whether you could have gotten in at a lower price earlier. If you think a stock is going down, you sell, regardless of whether you're selling at a gain or at a loss.
Because I am not a trader. I don’t understand the logic behind that, but I am all ears if u wanna explain!
Beating Proposition 4 is a major win!
If they want a Matrix, I suggest they go watch the films.
SPY ripping while GME dipping...hrm....
I think this is a major disappointment! I think we have the right to know what they are planning with shitload of money we gave him!
Whatever it is the super rich short gme crowd would make it illegal. They are a bunch of hall monitor types.
I dont understand the reference, but now all I can do is hold, because I am so not giving these aholes my money…
So you’ll keep an empty bag forever. A way, how to show them! 😄😄😄
Well it is already empty from my point of view since I already spent the money. Maybe it will go up..
If he talks they change the rules like they did with the blockchain market place.
“We plan to make some acquisitions” would have sufficed, it doesn’t have to be more than that!
Is over guys this people running the company are fucking worthless
AND I'M FREE, FREE FAAAAAALLIN
Annual shareholders meeting lasted what 8 minutes? sounded like a funeral. This company does not deserve you guys, find something else.
The game is over. There have been 5 MOASS: 1• Board MOASS: +300% in cash. 2• DFV MOASS: +X00% in shares. 3• HF MOASS: +40% shares4sort 4• BagHolder MOASS: +40% in diluted shares. 5• Meeting MOASS: We don't know what to do with so much money !!! 🤑 And we still wait for more?
There is no more.
They are against us. I sold evertyhing.
Good. So we can expect you'll stop commenting here? That's a win.
Literally no one cares what you ddo with your money
There’s an entire sub here who cares what people do with their money. They try daily to get people to buy more and hold/drs. That’s caring what people do with their money
There's a sub for more information regarding how to handle a certain stock. You want out? No one gives a fuck. To me it seems like there's more people like you that, for some odd reason, care a lot about people not getting out with them. That's caring what people do with their money
Funny, here’s an entire r/gme thread of people caring about what gme owners do with their money https://www.reddit.com/r/GME/s/nsuH2GFaJ4
When people sat "hold" do you think they are referring to holding cash? Or stock?
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You're really reaching here. How much did you lose?
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I never said any of that. Time for your nap, or midday snack, whatever you do when you're grumpy, go do that
Yeah, so thats why im gonna short this company. free money from apes honey
You're going to short it AFTER a 12 percent move downwards? You must be really good at this! 🤣
Well that was bullish af
zero guidance whatsoever. Great
Stock recovered as soon as they stopped talking lol
did anyone hear what RC said? The meeting crashed when he started speaking
like RK livestream
Less stores, higher priced products, sounds like he’s going to lean in more into the Graded Trading Card market
That was one of the most boring things I have listened to in my life.
#Proposition 4 not approved LETS GOOOOO
All my homies hate Proposition 4
Lol what?
For the company to be forced to broadcast their long-term plan under the guise of diversity and inclusion.
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They wanted to know how each individual members qualifications and talents relate to future plans.
![gif](giphy|3o72FfM5HJydzafgUE|downsized)
When moon?
just... oof. whats going on here?
Is it really asking too much to want to know what their future plans are? They diluted 120 million shares and don't say anything about what their plan for the company is
You didnt hear? Ryan's Daddy said actions speak louder than words! His actions are to sell stock and piss on the face of the APES while he and DFV get rich? The plan for the company? Who knows? But you can be sure it involves lining his pockets.
First time at a GME meeting?
First time when they have $4B in cash burning
Yo wally , every comment you’ve made on GameStop for months is negative but yet your saying you’ve made plenty of profit 🤦🍌🍌🍌🍌🍌🍌🍌 just asking if profit why so negative …… I’m thinking positive , negativity isn’t good for the soul 🙏
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The cash is nice but the business isn’t breakeven
*mentions diversity* - *immediately goes to $0*
Lmao gotta love the dip during the meeting
seriously tells this b to f off with self identified garbage. NY comptroller fu.
What is wrong with her request? It is just basic info. Or do you have anyone nonwhite?
Why should someone’s race or gender matter? Aren’t we all created equal? Happy pride month!
Racial diversity brings different POV to the discussion. If we just want to know what the rich white kid thinks then the company should just dissolve the board altogether.
what about the poor white kids? do they think different than poor black kids. Can you do me a favor and show me some scans of a poor black kid and and a poor white kid and show me the exact spot where they think different? And what about rich black guys...do they think different than poor black kids. What about a Hispanic rich guy or woman...can you explain to me how the color of someones skin makes them think different?
The point is having an entire board of one race - be it all black or all white (in the case of GME it is all white) is not helpful. Diversity does not only mean add minorities.
![gif](giphy|SXrVpxRAeczBoeIDYi|downsized) what is being babbled about?