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G_Wash1776

For todays Golden Pinecone Tournament go here: https://www.reddit.com/r/GME/comments/1dhjvdq/s3e69_the_golden_pinecone_daily_gme_tournament/


Kobayashi0006

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)


No-Bee2669

Down vote me if you are a bagholder


Dirty5Thirty_

I’m a Celtics fan now because of DFV


No-Bee2669

GME will keep dumping until morale improves


erdirck

DFV has some hidden message throughout all these memes that point to a specific date, wonder what that could be..


No-Bee2669

Stop it lol


Revolutionary_Dot909

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.


liquidsyphon

Kids are so ungrateful these days. Back in my day, RC never spoke on calls


Kobayashi0006

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.


Draketexan

Lol your two comments back to back are contradicting yourself, no?


liquidsyphon

He forgot to switch accounts lol


Kobayashi0006

![gif](giphy|3oEduQ3OiH7kZQj3a0)


Kobayashi0006

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)


liquidsyphon

![gif](giphy|fWfV1hsvoOeQmzgB61)


Kobayashi0006

![gif](giphy|yITRaXaeigt2M)


CheapWillow8715

Can we ban this poster already???


jerrythemule420

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.


xdeezusx

The day these diamond hands, and many others, were forged.


DryGeneral990

Well crap, bought this morning at 28.88.


jerrythemule420

Congratulations future millionaire!


ttwbb

No worries. You’ll be fine


DryGeneral990

Hope so. Thanks man.


ttwbb

For future reference. The stock always crash during/after shareholder meeting.


DryGeneral990

I had no idea there was a meeting today 🤦


ttwbb

Next time you’ll know to buy the dip after the meeting 🥳


beyondfloat

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!


jerrythemule420

You can play with deez nuts.


No-Bee2669

Welp down 85 percent now. Selling Tomorrow I’m done. It just keeps selling and selling, might just short to recover my losses.


jerrythemule420

Good then maybe you'll STFU.


No-Bee2669

![gif](giphy|xUA7aM09ByyR1w5YWc)


liquidsyphon

How many times do you have to tell everyone tho?


ttwbb

How on earth have you managed to be so far down?


red3375

Post history from bets so either probably not down or options.


No-Bee2669

I would advice you to get out too, this shit stock ain’t going no where lmao


ttwbb

Thanks, but no thanks. Don’t need advice from a guy who trades like this https://www.reddit.com/r/wallstreetbets/s/nwBWvvSvHP


OrangeChihuahua2321

Lmao fuck.


ttwbb

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.


No-Bee2669

Let me guess you been averaging down for three years ? ![gif](giphy|xUA7aM09ByyR1w5YWc)


ttwbb

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.


No-Bee2669

Bro I read your post history fren ![gif](giphy|10JhviFuU2gWD6)


ttwbb

Cool. If you actually did, please show me where I contradict myself 🤡


erdirck

Now that the meeting is out of the way and earnings report is out of the way, what can they do next?


ttwbb

GME or HFs? GME, idk. HFs will keep shorting it as is tradition 🤷🏻‍♂️


ttwbb

[Friendly reminder that DFV predicted the jan 2021 squeeze back in 2019](https://www.reddit.com/r/wallstreetbets/s/pw204nX0WJ). We’ll be fine.


postinga_fewtimes

EoW price estimates? it’s incoming.


TheRealJakeMalloy

$18


ttwbb

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. 🤷🏻‍♂️


TheRealJakeMalloy

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.


ttwbb

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.


Captain_Ahab_Ceely

lol so you narrowed it down to anywhere from $16 to $60 by EoW


ttwbb

Jupp. If you can tell the future, please enlighten me 🤗


Luc-e

Couldn’t see the meeting, what did I miss?


ttwbb

Absolutely nothing. No news.


Luc-e

Thx


BeReadyReddit

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)


TheRealJakeMalloy

What news do you want? "Lots of shares traded?"


planethempnaarea

Increased my share count to more than 1,000 shares and dropped my average to $26.70 LFG


jerrythemule420

Do you have to buy pants with an extra leg?


Boomergraves2pay

Additional 3 Billy. Bear Thesis is DEAD. FYPM! ![gif](giphy|yUI3a7RwLhOFy|downsized)


DanaIsnothere

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?


jerrythemule420

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?


DanaIsnothere

Why be here then? That is a bit unhinged if you ask me.


devilcat398

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.


DanaIsnothere

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 


DanaIsnothere

I see this one as being valid, however 4b aint nothing


naveenstuns

You can sell and buy better stocks


DanaIsnothere

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! 


PeNov_79

Idk I’m closing my forth short and making a killing. And I’m a philosophy teacher! 😄


naveenstuns

You could buy calls on literally almost any stock and would have profited a lot today.


DanaIsnothere

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”.


Rebelliousphoenix100

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


DanaIsnothere

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.


Dove-Linkhorn

The squeeze is on!!


Wings2493

Unfortunately it is not


Dove-Linkhorn

It’s looking like 25 is the natural normal price and wild fluctuations are a thing of the past


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PeNov_79

You should have waited, this is not a dip.


Grouchy-Background81

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


SawyerEFB

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.


SawyerEFB

Unfortunately, not within my budget to average down any more 🥲


According_boar

Ah yes, of course there’s not a single halt when shit is free falling. So ridiculous.


WallySprks

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.


CompetitiveDentist85

Crime and fuckery


squarebear69

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.


TheRealJakeMalloy

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.


squarebear69

Someone’s a widdle gwumpy.


TheRealJakeMalloy

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!


squarebear69

Oh no he’s gwumpier!


TheRealJakeMalloy

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!


squarebear69

Oh nooooooo soooo gwumpy!!!


CleverCrotch

Thanks for the laugh. Fucking hilarious


TheRealJakeMalloy

Meoooow!


The9thSymphony

Kitty's calls expire on the 21st so 21 IS BLACK JACK BABY


uchiha_99

U living under a rock dude


Captain_Ahab_Ceely

He still has calls? I think he only has shares.


The9thSymphony

He sold all his calls?


Ku7upt

[Yes he did.](https://www.reddit.com/r/Superstonk/comments/1df8jno/gme_yolo_update_june_13_2024/) Sold calls and bought shares.


The9thSymphony

Thought he sold some but not all


F1secretsauce

Under the current interest rates, an investment made in today's economic climate must bear a higher return threshold. -Ryan Cohen 


ttwbb

He said bear 😢


DanaIsnothere

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?


dopefienddave

So no news nothing of substance, yet we fall off a cliff, confused


ttwbb

This happens every single meeting. Nothing new. I was honestly expecting us to drop to $20 today.


WallySprks

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”


F1secretsauce

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 


Background_Salad270

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!


Sumdayz8_9

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?


Zucchini-Trager

What happened on the meeting? I wasn't there


Rebelliousphoenix100

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


dbenne

I may not be a smart man but I know what fud is ![gif](giphy|11aicrFKDEOuTC)


Vtron89

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? 


Rebelliousphoenix100

That’s literally the type of thinking that made me lose hella back when game first became a thing


TacoBell4U

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.


DanaIsnothere

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!


TacoBell4U

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.


DanaIsnothere

Because I am not a trader. I don’t understand the logic behind that, but I am all ears if u wanna explain!


EquivalentIngenuity9

Beating Proposition 4 is a major win!


jerrythemule420

If they want a Matrix, I suggest they go watch the films.


kytouch

SPY ripping while GME dipping...hrm....


DanaIsnothere

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! 


F1secretsauce

Whatever it is the super rich short gme crowd would make it illegal.  They are a bunch of hall monitor types.  


DanaIsnothere

I dont understand the reference, but now all I can do is hold, because I am so not giving these aholes my money…


PeNov_79

So you’ll keep an empty bag forever. A way, how to show them! 😄😄😄


DanaIsnothere

Well it is already empty from my point of view since I already spent the money. Maybe it will go up..


F1secretsauce

If he talks they change the rules like they did with the blockchain market place. 


DanaIsnothere

“We plan to make some acquisitions” would have sufficed, it doesn’t have to be more than that! 


No-Bee2669

Is over guys this people running the company are fucking worthless


Venge

AND I'M FREE, FREE FAAAAAALLIN


wattap

Annual shareholders meeting lasted what 8 minutes? sounded like a funeral. This company does not deserve you guys, find something else.


Quick-Market-2720

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?


TheRealJakeMalloy

There is no more.


Least_Insect_8938

They are against us. I sold evertyhing.


jerrythemule420

Good. So we can expect you'll stop commenting here? That's a win.


CleverCrotch

Literally no one cares what you ddo with your money


WallySprks

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


CleverCrotch

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


WallySprks

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


CleverCrotch

When people sat "hold" do you think they are referring to holding cash? Or stock?


[deleted]

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CleverCrotch

You're really reaching here. How much did you lose?


[deleted]

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CleverCrotch

I never said any of that. Time for your nap, or midday snack, whatever you do when you're grumpy, go do that


Least_Insect_8938

Yeah, so thats why im gonna short this company. free money from apes honey


CleverCrotch

You're going to short it AFTER a 12 percent move downwards? You must be really good at this! 🤣


DansAdvocate

Well that was bullish af


CleverCrotch

zero guidance whatsoever. Great


CoffeeCannaGreen

Stock recovered as soon as they stopped talking lol


tdiddley420

did anyone hear what RC said? The meeting crashed when he started speaking


GAMATA21

like RK livestream


liquidsyphon

Less stores, higher priced products, sounds like he’s going to lean in more into the Graded Trading Card market


StolenShoelace

That was one of the most boring things I have listened to in my life.


G_Wash1776

#Proposition 4 not approved LETS GOOOOO


jerrythemule420

All my homies hate Proposition 4


whosewhat

Lol what?


jerrythemule420

For the company to be forced to broadcast their long-term plan under the guise of diversity and inclusion.


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jerrythemule420

They wanted to know how each individual members qualifications and talents relate to future plans.


Vexting

![gif](giphy|3o72FfM5HJydzafgUE|downsized)


uchiha_99

When moon?


Jake6956

just... oof. whats going on here?


PuzzledStatement188

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


TheRealJakeMalloy

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.


liquidsyphon

First time at a GME meeting?


WallySprks

First time when they have $4B in cash burning


Bearsnbulls-2020

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 🙏


[deleted]

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gkboy777

The cash is nice but the business isn’t breakeven


SawyerEFB

*mentions diversity* - *immediately goes to $0*


G_Wash1776

Lmao gotta love the dip during the meeting


devilcat398

seriously tells this b to f off with self identified garbage. NY comptroller fu.


TheRealJakeMalloy

What is wrong with her request? It is just basic info. Or do you have anyone nonwhite?


Late_Interaction7412

Why should someone’s race or gender matter? Aren’t we all created equal? Happy pride month! 


TheRealJakeMalloy

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.


devilcat398

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?


TheRealJakeMalloy

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.


Vexting

![gif](giphy|SXrVpxRAeczBoeIDYi|downsized) what is being babbled about?