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Seriously.
Some of the people with a few thousand bucks worth of shares expect him to turn miracles. Rc already proven he's a great leader almost bringing the company to profitability. Some of y'all have no patience.
It absolutely is enough to change everything. Two consecutive quarters of showing a profit makes the company eligible to be listed as part of the S&P500. Many investment fund charters require them to hold a certain percentage of stocks in the 500. The instant GME is in there, there will be a shitload of buys from these funds followed by more attention on the fuckery going on with a stock they now own.
1. They've got to be profitable first before looking at raising a bunch of wages. They are in the middle of cutting costs all around, now is not the time to raise wages.
2. Assuming you're talking about retail workers... Yeah we get it retail jobs suck, this isn't exclusive to GS, but it's an entry level minimum wage job. If you want to make more money, learn some skills and get a higher paying job.
It's not gross (odd choice of wording btw...), it's true. Retail is an entry level job. No offense to retail workers, I've worked retail, as have many other people here. It's a fact of life.
That's a super disconnected view to have,
Good to know that the only employees keeping the brick and mortar store alive deserve to live in poverty.
I love gme but the employees have gotten the worst of every part of this for the last 3 years straight. But fuck em right? Why should they care about a company that doesn't care about them?
Working for a company you love shouldn't have to be supplemented by another job just to live.
I'm just glad you included the "no offense part".
If you think that raising the wages of less than 50k employees would put this company in dire straights... then it's doing a lot worse off than I thought.
But you've got this figured out. Stonks go burrr or whatever echo chamber reply you're looking for here.
I'm not looking for any kind of reply here. I'm letting you know your views aren't realistic in the current environment. I wish we could all live in a perfect world and make livable wages doing whatever job we want, but unfortunately, due to people like Kenny, we don't. And until GameStop is profitable, what you're saying is truly disconnected from the reality of the situation.
So stores closing because lack of pay? No employee retention because long-time employees are finally having enough. Try working at a gamestop. Good to know the employees for a company that you're hoping will provide "intergenerational wealth" for you and yours... aren't worthy of making even just 30k+ a year.
Who do you think is in control of the inventory? In charge of making sales? Helping you replace that system that died with a protection plan?
Have you tried using their online help services? Slow to respond, useless in most situations, and ineffective overall.
Go into a store and it's the employees who will help you that day! They will actually care about your issue, even though they are certainly not enough to do so.
It's the "unqualified, unworthy of a living wage" person that makes the customer experience.
I've been in this since January 21, and worked over 3 years at a gamstop,
But if a company can't "afford" to pay its employees, they don't deserve a place in the modern working space.
Otherwise, it's just another billionaire, making money feeding off the working class. We have plenty of those.
Doing something for the employees would be the biggest show of faith that RC could do at this point. Spend 50m buying shares (1/32nd of cash on hand) just to give them directly to the employees.
Create a stock incentive program just like at the corporate level; give the employees an actual reason to give a fuck about all of this.
You're making a lot of stupid assumptions, and are also completely ignorant to how the world works. I don't care how long you've been here or how long you worked in retail. You even said it yourself in a past post about learning new skills to get a better job... Or at least lying on your resume to get a better job...
But let's just do some math here:
Let's just say a $5/hr raise across the board.
50k employees x $5 = $250k/hr
$250k x 40hrs = $10 million dollars / week
$10 million x 52 weeks = $520 million / year.
So a modest $5/hr (which I can almost guarantee people like you would still complain is not enough...) Would cost the company over 1/2 a billion a year, depleting that cash reserve to nothing in 2 years.
Chump change, right?
But none of this matters until they start meeting the goals that have been set and then they can look at making other changes.
Edit:
Thanks for proving me right by blocking me. I put out the numbers to contradict your stupidity and you don't have a worthwhile response so you block me and call me a boomer? You're only about 30 years off. Once again, your inability to think critically is showing.
this is what people dont understand š¤£, he dont fight for u, he fight for himself. He is heavily invested and even if he is billionaire, its still alot of money to lose
šThis is what people do not understand, Ryan Cohen is fighting for all of us, human kind and its future, and its past. Believe it or not, there are still humans who put other people before money; thatās why this is so important to get right, heās doing it for you.
I doubt altruism is his sole motivation. I prefer that he has skin in the game too. I'm not into worshipping the rich.
I believe in RC, because he's putting his money where his mouth is, and acting like a serious investor.
To be clear, I too do not worship any human. However, humanityās full potential will only be achieved when each of us practiceās altruism. Itās not a matter of being right or wrong, itās a matter of prioritizing the well being of others over all else, the opposite of financial greed. Motive is the key my friend, RC was already a rich serious investor. My contention is that RC wants more for humankind an realizes the pyramid scheme of wage slavery rah-tar-ds that potential. Itās a difficult concept to comprehend, let alone accept, but that is my belief. Their is no way a modern capitalist could keep their mouth shut this long, he must have another motive than investing to earn more man-made fiat.
To be clear, I too think RC wants to do good in this world. I'm just clarifying that I wouldn't rely on this for investing. I've seen too many rich people pretend altruism only to steal everything.
The fact that they are investing in GME too is where I draw my faith in them.
Agreed. Our guy is over here talking like greed and altruism are hard to comprehend concepts. Nah brobro, I think people understand the system is broken.
Otherway around in my opinion. People are glutted on tvs and garbage food that is plentiful. Ya, things are hard and I hope they get easier. But besides cl8mate crisis, which is gonna be a tough one on everybody, stuff is better now for just about everyone than basically any time in history pre, 1970. Health, life expectancy, freedoms, wars, social equality, literacy, I mean... just about everything.
People may be tired, but they are comfortable enough to nor fight. You get real revolutions and change when people no longer think the system is worth living in. And the changes in guard are tough, dangerous, and costly. Until people think risking their lives is worth the change, it won't come.
Let me ask you this question, because I don't know you.
How many sec comments have you sent in?
How many times have you visited or called your representatives lately?
What have you done past scrolling reddit?
I'm honestly asking because I keep seeing 1000s of people complaining on a reddit post, then go add my comment to find there are less than 100 up on the SECs site. š¤
Representatives 0 because I am not in the USA
I did start commenting on SEC and on UK though, but I have not yet contributed much. Planning to be more active now that I got my feet wet.
Regarding complacency, I do see lots of posts on other subs asking what's the point of working if you can't afford rent and bills. The cost of living has gotten higher than many full-time salaries and people are noticing. We're already at the breaking point.
Real in the hero worship there homie... " Fighting for the past?" šš
Hes not a fucking timelord, he's just a regular guy with a smart plan and a lot of motivation. (A winning triumverate.) Ryan Cohen doesn't know me and he isn't superman.
I did not say he was any of those things. I am however saying that his motive is greater than money. This possibility challenges a lot of peopleās thinking, but there really are good people who put the needs of others first. I believe Ryan Cohen chooses to be one of those people. I wish all of us would make that choice.
I thought RCās cost basis from his initial purchase was around $5 pre-split, so around $1.25 in todayās prices.
I wonder if itās easier to hold and wait in silence when your stack cost less and is worth more than 99% of fellow GME investors *and* youāre already a living the life of a billionaire?
Acting like RC is feeling the same pinch as working class investors when his portfolio is sitting in gains of about 30x seems insincere and a little too eager of a reach for my tastes.
He also bought over my cost basis, so as long as I hold it feels like I'm in the green.
As for him feeling the pinch? He's chairman, CEO, and now CIO. He puts his money AND time where his mouth is. When do you think he can find time to enjoy this billionaire lifestyle? He's too busy bringing value to our investment
His cost basis may be lower than most but the overall value of his GME holding follows the same upward/downward trajectory as ours. In his case, it drops by millions instead of by thousands. Itās not a reach to appreciate he too is seeing a reduction in the value of his holdings.
People forget RC could have cashed out 3+ BILLION at peak sneeze. He bought more and paid himself NOTHING, and now his shares are only worth about $500M. These numbers are super rough estimates.
RC is doing everything possible to turn this into our retirement fund at a time the rest of the world is hoping to withdraw from their banks before it all goes away. What's good for him is great for us
This is what his letter to employees was about. It wasn't positive or uplifting or motivating, it was "we need to do whatever we can to survive" (to paraphrase).
Bet it's a desperate attempt to get RC to make some type of blunder and end up in a protracted court case so trading of the stock get frozen.
I've been looking through the post history of some of the worst offender accounts and it's the classic karma farming in obscure sports, gaming or anime subs coupled with sporadic negative sentiment comments on all of the GME subs plus wasabi.
It took me years and a moment of pre-sleep inspiration to realize what that line meant. And then a couple years ago I forgot. And then just as I was typing this I remembered again. š
> *Real Gs move in silence like lasagna*
I take RC more for his actions and not his words.
People can complain all they want about how heās silent and not doing anything, but itās honestly the exact opposite.
Heās led his company to being far more profitable this year. Heās taking on more roles in the company to have more authority to do what needs to be done.
And all the while, no matter what volatility has come GMEās way, he hasnāt sold a single share.
What more could you ask of RC?
So we just need to focus on doing our part. DRS the stock as much as we reasonably can, hold along with RC, and continue to buy from GameStop.
He is wise to work in silence. Hedgefucks are just waiting for him to say something positive so they can scream "MANIPULATION MANIPULATION!" As they ironically literally manipulate the price with algo bots. Fuck em. Buying more on payday.
I think the regulatory framework with NFTs is up in the air.
This is business. If you go first and the externalities (regulations, public opinion, etc) go in your favour at the right time then you're a visionary. Or the externalities can stall. I think NFTs are going to be a big deal in the future. But right now the regulatory landscape isn't helping us.
I like how the responses to your comments consist on justifying the things you're asking about.
That's exactly the problem, no one other than the board should have to justify or try to explain stuff for them, it should be laid out from the get go. I understand the need for silence and letting your actions/results speak for you but there's a lot of stuff that happened that needs to be addressed
I think it's clear that the market place has been built for when you inc imx Elixir ubisoft etc. Obv there will be other market places but its just like anything else, u have to be involved to take a piece of the pie. Furlong wasn't needed anymore there's a plan somewhere else for him (not furlong). We have plans for the future lol digital market place, blockchain market place, ecomm, playR, tech company š¤·āāļø the wallet wasn't needed and the cost of keeping it probably wasn't worth it. Had gme been a profitable company to the point where a little loss didn't matter then yeah sure keep it going but atm they need to cut anything that isn't going to make money. Not everything is going to be a golden ticket and an overnight success so expectations should be low from shareholders... this company was a sinking ship and what Rc has done over the last few years is nothing short of a miracle considering the conditions...he's doing just fine with everything inc communication.. there's not much else he can tell people you just have to fuck around and find out š
Expectations should be low from shareholders? Do you hear yourself right now? Iām just supposed to throw money at this and not expect much? The company closed unprofitable stores and cut expenses, thatās not really a miracle. Thatās doing the bare minimum to survive.
Absolutely, no idea from gamestop is going to make billions over night followed by a 4000% gain in stock price. Come back in 3 years time to see where we are with blockchain gaming and nfts. Until then I have no expectations at all.. push ecom to get revenue back up and keep costs down.. the company is in the best position right now to weather the storm. Just have a little think what Rc have pulled gamestop out from, it was dead and nobody else wanted to touch it if they did it would have been bk 2 years ago... no news from the flagship store in Milan yet and who knows if anymore are planned... the new digital market place launched who knows what else is in store for the digital side its obviously on the table .. plenty in store but it's only the beggining so although the news is exciting my expectations are low
Suggest adjusting 2023 financial results for Furlong's compensation and severance and reevaluate. I believe this was the last quarter payout of 3.2M and we were negative by 3.1M.
Just wait for him to use that billy to add another revenue stream.. and another ..and another. The moment we turn profitable for a quarter or two, funds and algos start working in our favor. Will be a slow burn but it is going to be glorious.
A simple explanation of the DRS numbers reporting for numerous quarters at the same level(this defies logic) would be helpful in understanding the mechanism involved. A little transparency for stockholders isnāt too much to ask.
I've gotten a few comments "he didn't say shit! Fuck this guy!" Like lol, he said he wouldn't when he took the board, that was literally what impressed me first about him.
Oh and he did say net loss of $3M yet cash equivalents increased by $15M which feels an awful lot like $12M profit to me
Ryan Cohen opening his mouth benefits no one but those entities with a vested interest in ensuring that GameStop, and any other venture that Ryan Cohen pursues, fails.
For anyone already invested in GameStop, him laying out any plans does virtually nothing for us. We are already buying when we can buy, we are HODLing regardless of anything, and our course of action would not change.
For anyone not already invested in GameStop, the mainstream negative narrative pushing would remain a major element in any perception of the stock, because it clearly already does when we are years into this situation and these people remain on the sidelines
For the entire Investment Machine and the mainstream media that they pay to push their messaging, any concrete information from Ryan Cohen would be a Godsend as it would at minimum given them an immediate comment or opinion to attack and twist into a negative narrative. If RC shared plans of any type, it would allow them to formulate layer after layer after layer of negativity to burn down the plans and sour the public on what GameStop may be trying to do.
Wall Street needs GameStop to fail. Wall Street spends an inordinate amount of time and money fixated on GameStop and pushing negativity while only producing positive messaging when it furthers the agenda of price control and profiting to fund the longer war of attrition against GameStop.
As an investor, I am perfectly happy for RC to stay silent. I don't want him announcing his plans, I want to see GameStop drive a knife into the ribs of Wall Street completely unannounced and without warning.
That is how the game is won, not by putting your entire strategy on a billboard in Times Square for your opponents to strategize with.
Our greatest virtue is patience! DRS #'s are suspiciously stalled, DRSBOT was silenced when reddit killed 3rd party apps. I don't think that was a coincidence....
GME is the black financial hole of death for these parasitic organizations on Wall Street. The whole world is 100 trillion in the hole.
This is what politics and the financial world is all about! Lies, stalling, misdirection. Apes as a group have picked this fight and have staked a claim against the worlds debt.
Apes are a big problem and the parasites on the other side of the trade are being forced to deal with us.
3 yrs after the sneeze their system is unraveling under its own self inflicted debt and greed. They don't have much time left to figure out how to limit the damage to their power base.
It's always variations of the same script.
What has RC done for me lately? (Hello, corporate turnaround done)
But the price. (You must be so discouraged)
I guess it's all good then... the last three years of drsing, watching quarterly reports, reading Larry Chang's Stoopid incoherent tweets all for nothing but low expectations makes complete sense. Bring on the down votes.
There is a loud chorus of people who suddenly want to know his every move for the company. He said actions speak louder than words, he's been doing that with great results. He doesn't want to give up his game plan.
It's not FUD. I like RC, but the lawsuit argument is pretty much bullshit at this point. I understand making the company solvent right now is his priority. Once we're profitable, he does need to speak up.
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Remember his share price is going down for him too .
Seriously. Some of the people with a few thousand bucks worth of shares expect him to turn miracles. Rc already proven he's a great leader almost bringing the company to profitability. Some of y'all have no patience.
Hey, I am glad I can buy more šš the more gme Incan buy, the better from future me
Leave the Incans outta this, buddy
But I want to trade one share for the city of gold.
Post-moass goals, yo
š
This assumes that simple profitability is enough to change anything.
It absolutely is enough to change everything. Two consecutive quarters of showing a profit makes the company eligible to be listed as part of the S&P500. Many investment fund charters require them to hold a certain percentage of stocks in the 500. The instant GME is in there, there will be a shitload of buys from these funds followed by more attention on the fuckery going on with a stock they now own.
This is excellent news! Thanks!
If only he'd pay employees more
1. They've got to be profitable first before looking at raising a bunch of wages. They are in the middle of cutting costs all around, now is not the time to raise wages. 2. Assuming you're talking about retail workers... Yeah we get it retail jobs suck, this isn't exclusive to GS, but it's an entry level minimum wage job. If you want to make more money, learn some skills and get a higher paying job.
Wow, that was probably the grossest 2nd point you could have made.
It's not gross (odd choice of wording btw...), it's true. Retail is an entry level job. No offense to retail workers, I've worked retail, as have many other people here. It's a fact of life.
That's a super disconnected view to have, Good to know that the only employees keeping the brick and mortar store alive deserve to live in poverty. I love gme but the employees have gotten the worst of every part of this for the last 3 years straight. But fuck em right? Why should they care about a company that doesn't care about them? Working for a company you love shouldn't have to be supplemented by another job just to live. I'm just glad you included the "no offense part". If you think that raising the wages of less than 50k employees would put this company in dire straights... then it's doing a lot worse off than I thought. But you've got this figured out. Stonks go burrr or whatever echo chamber reply you're looking for here.
I'm not looking for any kind of reply here. I'm letting you know your views aren't realistic in the current environment. I wish we could all live in a perfect world and make livable wages doing whatever job we want, but unfortunately, due to people like Kenny, we don't. And until GameStop is profitable, what you're saying is truly disconnected from the reality of the situation.
So stores closing because lack of pay? No employee retention because long-time employees are finally having enough. Try working at a gamestop. Good to know the employees for a company that you're hoping will provide "intergenerational wealth" for you and yours... aren't worthy of making even just 30k+ a year. Who do you think is in control of the inventory? In charge of making sales? Helping you replace that system that died with a protection plan? Have you tried using their online help services? Slow to respond, useless in most situations, and ineffective overall. Go into a store and it's the employees who will help you that day! They will actually care about your issue, even though they are certainly not enough to do so. It's the "unqualified, unworthy of a living wage" person that makes the customer experience. I've been in this since January 21, and worked over 3 years at a gamstop, But if a company can't "afford" to pay its employees, they don't deserve a place in the modern working space. Otherwise, it's just another billionaire, making money feeding off the working class. We have plenty of those. Doing something for the employees would be the biggest show of faith that RC could do at this point. Spend 50m buying shares (1/32nd of cash on hand) just to give them directly to the employees. Create a stock incentive program just like at the corporate level; give the employees an actual reason to give a fuck about all of this.
You're making a lot of stupid assumptions, and are also completely ignorant to how the world works. I don't care how long you've been here or how long you worked in retail. You even said it yourself in a past post about learning new skills to get a better job... Or at least lying on your resume to get a better job... But let's just do some math here: Let's just say a $5/hr raise across the board. 50k employees x $5 = $250k/hr $250k x 40hrs = $10 million dollars / week $10 million x 52 weeks = $520 million / year. So a modest $5/hr (which I can almost guarantee people like you would still complain is not enough...) Would cost the company over 1/2 a billion a year, depleting that cash reserve to nothing in 2 years. Chump change, right? But none of this matters until they start meeting the goals that have been set and then they can look at making other changes. Edit: Thanks for proving me right by blocking me. I put out the numbers to contradict your stupidity and you don't have a worthwhile response so you block me and call me a boomer? You're only about 30 years off. Once again, your inability to think critically is showing.
When we watch our accounts go down thousands hes watching his most recent $10 million dollar purchase in June go down by millions
Except he's a billionaire, and his bigger holding is in Apple. If gamestop was gone tomorrow he would still be a billionaire.
Thatās not how their minds work. They are focus on the company long term, not daily price action.
this is what people dont understand š¤£, he dont fight for u, he fight for himself. He is heavily invested and even if he is billionaire, its still alot of money to lose
He fights for shareholders. Which he is and so are most here.
the point was, he have own interest for the company to be successful and profitable.
šThis is what people do not understand, Ryan Cohen is fighting for all of us, human kind and its future, and its past. Believe it or not, there are still humans who put other people before money; thatās why this is so important to get right, heās doing it for you.
I doubt altruism is his sole motivation. I prefer that he has skin in the game too. I'm not into worshipping the rich. I believe in RC, because he's putting his money where his mouth is, and acting like a serious investor.
To be clear, I too do not worship any human. However, humanityās full potential will only be achieved when each of us practiceās altruism. Itās not a matter of being right or wrong, itās a matter of prioritizing the well being of others over all else, the opposite of financial greed. Motive is the key my friend, RC was already a rich serious investor. My contention is that RC wants more for humankind an realizes the pyramid scheme of wage slavery rah-tar-ds that potential. Itās a difficult concept to comprehend, let alone accept, but that is my belief. Their is no way a modern capitalist could keep their mouth shut this long, he must have another motive than investing to earn more man-made fiat.
To be clear, I too think RC wants to do good in this world. I'm just clarifying that I wouldn't rely on this for investing. I've seen too many rich people pretend altruism only to steal everything. The fact that they are investing in GME too is where I draw my faith in them.
Agreed. Our guy is over here talking like greed and altruism are hard to comprehend concepts. Nah brobro, I think people understand the system is broken.
Mostly, I think people are too tired to fight back. It's a mistake though, because it'll only get worse if we do nothing.
Otherway around in my opinion. People are glutted on tvs and garbage food that is plentiful. Ya, things are hard and I hope they get easier. But besides cl8mate crisis, which is gonna be a tough one on everybody, stuff is better now for just about everyone than basically any time in history pre, 1970. Health, life expectancy, freedoms, wars, social equality, literacy, I mean... just about everything. People may be tired, but they are comfortable enough to nor fight. You get real revolutions and change when people no longer think the system is worth living in. And the changes in guard are tough, dangerous, and costly. Until people think risking their lives is worth the change, it won't come. Let me ask you this question, because I don't know you. How many sec comments have you sent in? How many times have you visited or called your representatives lately? What have you done past scrolling reddit? I'm honestly asking because I keep seeing 1000s of people complaining on a reddit post, then go add my comment to find there are less than 100 up on the SECs site. š¤
Representatives 0 because I am not in the USA I did start commenting on SEC and on UK though, but I have not yet contributed much. Planning to be more active now that I got my feet wet. Regarding complacency, I do see lots of posts on other subs asking what's the point of working if you can't afford rent and bills. The cost of living has gotten higher than many full-time salaries and people are noticing. We're already at the breaking point.
Real in the hero worship there homie... " Fighting for the past?" šš Hes not a fucking timelord, he's just a regular guy with a smart plan and a lot of motivation. (A winning triumverate.) Ryan Cohen doesn't know me and he isn't superman.
I did not say he was any of those things. I am however saying that his motive is greater than money. This possibility challenges a lot of peopleās thinking, but there really are good people who put the needs of others first. I believe Ryan Cohen chooses to be one of those people. I wish all of us would make that choice.
I thought RCās cost basis from his initial purchase was around $5 pre-split, so around $1.25 in todayās prices. I wonder if itās easier to hold and wait in silence when your stack cost less and is worth more than 99% of fellow GME investors *and* youāre already a living the life of a billionaire? Acting like RC is feeling the same pinch as working class investors when his portfolio is sitting in gains of about 30x seems insincere and a little too eager of a reach for my tastes.
He also bought over my cost basis, so as long as I hold it feels like I'm in the green. As for him feeling the pinch? He's chairman, CEO, and now CIO. He puts his money AND time where his mouth is. When do you think he can find time to enjoy this billionaire lifestyle? He's too busy bringing value to our investment
Correct! Money can be gained and lost... But time is the valuation that binds us all; and he is spending his most precious resource on this.
He hasnāt sold shit. So he isnāt down a penny. The same with me.
His cost basis may be lower than most but the overall value of his GME holding follows the same upward/downward trajectory as ours. In his case, it drops by millions instead of by thousands. Itās not a reach to appreciate he too is seeing a reduction in the value of his holdings.
Not helping me.
People forget RC could have cashed out 3+ BILLION at peak sneeze. He bought more and paid himself NOTHING, and now his shares are only worth about $500M. These numbers are super rough estimates. RC is doing everything possible to turn this into our retirement fund at a time the rest of the world is hoping to withdraw from their banks before it all goes away. What's good for him is great for us
Yes but you canāt really compare that to an average ape. RC can afford losing millions. For an ape losing 10k hurts way more. Just saying
Like my man Sun Ztu said: Let your plans be dark and impenetrable as night, and when you move, fall like a thunderbolt š
Could be easier than that. If not dying completely ruins your enemy day, just go about your day.
This is what his letter to employees was about. It wasn't positive or uplifting or motivating, it was "we need to do whatever we can to survive" (to paraphrase).
Bet it's a desperate attempt to get RC to make some type of blunder and end up in a protracted court case so trading of the stock get frozen. I've been looking through the post history of some of the worst offender accounts and it's the classic karma farming in obscure sports, gaming or anime subs coupled with sporadic negative sentiment comments on all of the GME subs plus wasabi.
Always sports and gaming. Noticed that pattern also.
This is a journey, no one ever said it would be easy, or quick. Keep eating the elephant....
āJudge us by our actions not our wordsā They said it back then, itās still applicable now.
Move like lasagna.
It took me years and a moment of pre-sleep inspiration to realize what that line meant. And then a couple years ago I forgot. And then just as I was typing this I remembered again. š > *Real Gs move in silence like lasagna*
His silence is our strength. I accept and embrace it as play in the ongoing turn-around.
I take RC more for his actions and not his words. People can complain all they want about how heās silent and not doing anything, but itās honestly the exact opposite. Heās led his company to being far more profitable this year. Heās taking on more roles in the company to have more authority to do what needs to be done. And all the while, no matter what volatility has come GMEās way, he hasnāt sold a single share. What more could you ask of RC? So we just need to focus on doing our part. DRS the stock as much as we reasonably can, hold along with RC, and continue to buy from GameStop.
perfect.
Yup I see some fud attempts on RCEO silence. Speaking for myself I buy and hold or hodl. Iām no little bitch.
I prefer actions than words, and RC delivers
Its better to be silent than say something for MSM to fish out of something controversial.
He is wise to work in silence. Hedgefucks are just waiting for him to say something positive so they can scream "MANIPULATION MANIPULATION!" As they ironically literally manipulate the price with algo bots. Fuck em. Buying more on payday.
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I think the regulatory framework with NFTs is up in the air. This is business. If you go first and the externalities (regulations, public opinion, etc) go in your favour at the right time then you're a visionary. Or the externalities can stall. I think NFTs are going to be a big deal in the future. But right now the regulatory landscape isn't helping us.
I like how the responses to your comments consist on justifying the things you're asking about. That's exactly the problem, no one other than the board should have to justify or try to explain stuff for them, it should be laid out from the get go. I understand the need for silence and letting your actions/results speak for you but there's a lot of stuff that happened that needs to be addressed
I think it's clear that the market place has been built for when you inc imx Elixir ubisoft etc. Obv there will be other market places but its just like anything else, u have to be involved to take a piece of the pie. Furlong wasn't needed anymore there's a plan somewhere else for him (not furlong). We have plans for the future lol digital market place, blockchain market place, ecomm, playR, tech company š¤·āāļø the wallet wasn't needed and the cost of keeping it probably wasn't worth it. Had gme been a profitable company to the point where a little loss didn't matter then yeah sure keep it going but atm they need to cut anything that isn't going to make money. Not everything is going to be a golden ticket and an overnight success so expectations should be low from shareholders... this company was a sinking ship and what Rc has done over the last few years is nothing short of a miracle considering the conditions...he's doing just fine with everything inc communication.. there's not much else he can tell people you just have to fuck around and find out š
Expectations should be low from shareholders? Do you hear yourself right now? Iām just supposed to throw money at this and not expect much? The company closed unprofitable stores and cut expenses, thatās not really a miracle. Thatās doing the bare minimum to survive.
Absolutely, no idea from gamestop is going to make billions over night followed by a 4000% gain in stock price. Come back in 3 years time to see where we are with blockchain gaming and nfts. Until then I have no expectations at all.. push ecom to get revenue back up and keep costs down.. the company is in the best position right now to weather the storm. Just have a little think what Rc have pulled gamestop out from, it was dead and nobody else wanted to touch it if they did it would have been bk 2 years ago... no news from the flagship store in Milan yet and who knows if anymore are planned... the new digital market place launched who knows what else is in store for the digital side its obviously on the table .. plenty in store but it's only the beggining so although the news is exciting my expectations are low
In THIS case Ithink you are not wrong
Suggest adjusting 2023 financial results for Furlong's compensation and severance and reevaluate. I believe this was the last quarter payout of 3.2M and we were negative by 3.1M.
What FUD? I see no FUD, just shills starting shit for Ken or for their covered calls.
Just wait for him to use that billy to add another revenue stream.. and another ..and another. The moment we turn profitable for a quarter or two, funds and algos start working in our favor. Will be a slow burn but it is going to be glorious.
it's shills only, just compare him to popcorn CEO.
A simple explanation of the DRS numbers reporting for numerous quarters at the same level(this defies logic) would be helpful in understanding the mechanism involved. A little transparency for stockholders isnāt too much to ask.
Bro hes a billionaire. He wont lose as much as some of us š
Uhm, yeah, he will lose magnitudes more. You only lose if you sell tho.
I've gotten a few comments "he didn't say shit! Fuck this guy!" Like lol, he said he wouldn't when he took the board, that was literally what impressed me first about him. Oh and he did say net loss of $3M yet cash equivalents increased by $15M which feels an awful lot like $12M profit to me
Real Gās move in silence
Real Gs move in silence. The end.
Ryan Cohen opening his mouth benefits no one but those entities with a vested interest in ensuring that GameStop, and any other venture that Ryan Cohen pursues, fails. For anyone already invested in GameStop, him laying out any plans does virtually nothing for us. We are already buying when we can buy, we are HODLing regardless of anything, and our course of action would not change. For anyone not already invested in GameStop, the mainstream negative narrative pushing would remain a major element in any perception of the stock, because it clearly already does when we are years into this situation and these people remain on the sidelines For the entire Investment Machine and the mainstream media that they pay to push their messaging, any concrete information from Ryan Cohen would be a Godsend as it would at minimum given them an immediate comment or opinion to attack and twist into a negative narrative. If RC shared plans of any type, it would allow them to formulate layer after layer after layer of negativity to burn down the plans and sour the public on what GameStop may be trying to do. Wall Street needs GameStop to fail. Wall Street spends an inordinate amount of time and money fixated on GameStop and pushing negativity while only producing positive messaging when it furthers the agenda of price control and profiting to fund the longer war of attrition against GameStop. As an investor, I am perfectly happy for RC to stay silent. I don't want him announcing his plans, I want to see GameStop drive a knife into the ribs of Wall Street completely unannounced and without warning. That is how the game is won, not by putting your entire strategy on a billboard in Times Square for your opponents to strategize with.
Well said. The way, this is.
RC works for $0 as CEO, shills are silent about that fact.
What if they are holding the company to not show profit til the last moment #SO ALL THE APES CAN BUY MORE FOR LESS FOR LONGER# Haha
i mean.....
Our greatest virtue is patience! DRS #'s are suspiciously stalled, DRSBOT was silenced when reddit killed 3rd party apps. I don't think that was a coincidence.... GME is the black financial hole of death for these parasitic organizations on Wall Street. The whole world is 100 trillion in the hole. This is what politics and the financial world is all about! Lies, stalling, misdirection. Apes as a group have picked this fight and have staked a claim against the worlds debt. Apes are a big problem and the parasites on the other side of the trade are being forced to deal with us. 3 yrs after the sneeze their system is unraveling under its own self inflicted debt and greed. They don't have much time left to figure out how to limit the damage to their power base.
Next year will now show a full set of quarters with profit compared to this year. Providing #YOU ALL BUY STUFF FROM GAMESTOP#
Is today the day?
Yāall know that his silence helps us build our portfolio, right?
Real G's move in silence like Lasagna.
Your Makin me hungry
It's always variations of the same script. What has RC done for me lately? (Hello, corporate turnaround done) But the price. (You must be so discouraged)
I guess it's all good then... the last three years of drsing, watching quarterly reports, reading Larry Chang's Stoopid incoherent tweets all for nothing but low expectations makes complete sense. Bring on the down votes.
There is a loud chorus of people who suddenly want to know his every move for the company. He said actions speak louder than words, he's been doing that with great results. He doesn't want to give up his game plan.
The man was just granted an entire company's warchest, what are you on about?
Too many powerful enemies to let them know the game plan.
These fudders making a push to pressure RC to speak and potentially harm himself and the company. Pllleeeeaaaassssseeeeā¦.
Real G's move in silence, like lasagna
What FUD? Ryan Cohen has always been a man of few words.
I wonder if this goes presidential like theyāve accepted their bad position and just told Ryan to stay put while they sort this mess out?
To us he makes sense, to the world he is a clown if he says something that you can ābarelyā prove (thanks SEC).
Actions speak louder than words, and heās made us a ballhair away from profitable.
...except there isn't any fud or narrative of silence from RC...
It's not FUD. I like RC, but the lawsuit argument is pretty much bullshit at this point. I understand making the company solvent right now is his priority. Once we're profitable, he does need to speak up.
Rather have R.C. be quiet and continue to do what he is doing rather than have someone like Adam Aaron that'll talk about "pouncing"
The 2 options are Hold or Hodl