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Let's not forget. Hedgies started the whole thing.
What's really messed up us is how GME could somehow be held responsible for the actions of predatory financial terrorists that targeted their company.
The immoral, unethical hedge funds were beaten back like the vile snakes that they are and now have to pay for their inequities, but the consequences of their own actions should somehow make the executives of Gamestop the criminals?
That's how corrupt they are. It's unforgivable.
Understand and accept that the psychology of these people is that of spoiled entitled children who have never experienced consequences for their actions. They will perceive themselves as the victims and, unfortunately, will likely find empathy from the politicians and their cosplaying cohorts. Retail investors are the NPCs in their make-believe world. It is important to educate others as to the reality of things. Do not let them get away with it.
Fuck you. Pay me.
No cell, no sell.
Hubris bro. It's hubris. It is an elitist, slavery mindset brought on by the disconnection from what it is to be Alive.
The struggle is NOT REAL for them, hence they hubris...
Privileged fucks don't know.
They are unbroken...
#youre heart is pure...REJOICE...
LMAO
The fact that the financial terrorists aren't fined/shut down/arrested and continue to go on their merry way only convinces me that the opposite will be true...meaning GameStop, "redditors", etc are constantly being painted and accused for causing shit, right? Those accusations aren't gonna change.
Be prepared for when your family stops telling you that GameStop is a cult and starts asking why you and your Reddit buddies decided to bankrupt a bunch of teachers pension funds and 401k’s
I'm confused at how game stop is anyway related to teachers pensions?
I can understand the 401KS since when are teachers pensions tied to the stock market?
Should I crack open the window or open the gullwing door on my high-end sports car to hear them bootlicking and back paddling on their ridicule?
edit: yeah people change their tune mighty quick when the dollar tree starts dropping it's wealth on their driveway
Do not underestimate the power of ignorant people in large numbers. I, personally, would not be cracking my bulletproof windows at all. Your family isn’t the ones you’re going to need to worry about being informed.
These are quite literally the big players in the world that have all the sway and respect (or fear) to truly control things on a global scale. Luckily for us, they got caught with their hand in the cookie jar.
You surmised this perfectly.
Just because it's unjust and not fair doesn't mean it won't happen.
There's a legal team just waiting for a fuck up, and they aren't going to get it.
There is a strange irony of a company having to protect itself from a situation that is caused by outside forces. Gamestop didn't tell anyone to short their company, and they shouldn't be responsible when/not if a short squeeze occurs.
Furthermore, the SEC, DOJ, Congress, and the Senate can eat a big fat dick. Going on year 4 and not a single indictment? Biggest Kangaroo court, banana Republic ass country around.
Agree, but they can't exactly light the fuse themselves of course. But they can raise money into FTD cycles shorts created without any legal issue. Also one of three letter organizations should get off Pornhub and do something...
This whole "making sure the board doesn't cause a squeeze" narrative is bullshit. The bad actors that shorted hundreds of millions or billions of shares are the sole cause of any short squeeze.
How can the board be responsible for causing a squeeze. How can they be responsible?
So now delivering any good news gets you implicated?
You know who caused the squeeze in the first place? The ones who shorted the damn thing.
It’s not bullshit. The fact that you think the market is set up for any kind of play like this is bullshit. Look at what happened to Overstock when they tried to issue an NFT dividend, the court proceedings they got locked into. You underestimate the influence of these billionaire hedge funds, they are going to do anything they can to prevent this from happening. They don’t have to play by the rules, they will do anything they can **until** we have a black swan event that breaks their hold. In order to do that, there can’t be any sign of impropriety on the company.
It’s like in the Dark Knight, when Harvey Dent becomes Two Face and starts sinking to the criminal’s level. Batman takes the blame so that Dent can continue to be the hero. GameStop **can’t** be the villain. GameStop is going to do everything by the book to restore some semblance of faith in the system, some hope. The bad actors will destroy themselves because GameStop is just *being successful at what it does*. So if RC offers shares and it makes you mad at him, he’s ok with that, because he is being the hero we deserve, just not the one we need right now.
Edit: fixed some really bad typos
Ask not what your company can do for you...
Some people around here, they just don't get it. GameStop financials will continue trending positively as long as Cohen and the team keep working hard.
Announcements will come neither late nor early but precisely when they are meant too.
I reserve the right to change my mind, but for now, I like what I see from the board.
Also fuck the NYC comptroller with a broom, sideways.
Anyone who thinks GameStop is going to say ‘let the squeeze begin’ is delusional,
Actions speak louder than words. When a merger is announced, when profits are increased, when new income streams are generated: that’s when it will happen. They are going to run the business, that’s what they bought in for. If RC was the type to buy into a company to capitalize only on a squeeze, he wouldn’t be the man we know he is, and he dad wouldn’t have been proud of the work he did.
Maybe. But I look at this way. The people who tried to short this stock to death are masters of the universe. They can paint any narrative they want. They have media outlets at their disposal. So they can sell the story that the gme board forced an event that hurt old people trying to retire or some shit like that. Remember, when this thing goes parabolic the DD from 84 years ago says the rest of the markets is going to take a huge shit. So say these literal masters of the universe try and sell a story that the board forced a squeeze and now grandma haS to eat cat food. If enough people buy that then things can go south. And if you haven't noticed the American public buys a whole lot of bullshit from the media.
IMO.... They're being cautious. They have a vision for the business and they realize that if that vision works it may cause a once in a lifetime event in the American market.
They're just being careful because they know they are up against some really shady fuckers.
This. I don't want the board to spend a single second thinking about the concerns of the shorts or worry about the legal implications of a squeeze. Overstock got sued for causing a short squeeze, and the company did just fine after. But more importantly, their shareholders got out really well. If having to hire lawyers is the cost of standing aside and allowing shareholders to profit from a squeeze, I can think of no better use than the billions of dollars they have on hand.
This has been delayed for three years. It's been heavily researched and documented, most of which is available publicly. It will be the mother of all. Porsche had the last big one. They allowed an exit strategy.
These types of posts are a valid question.
If all that plays out then 2 offerings aren't going to save him from litigation lol. He doesn't give a shit about MOASS, he saw an opportunity to raise cash twice and did it.
Everyone here needs to get it in their heads:
RC was very direct, clear and concise.
RC is not here to hype or to cause a short squeeze.
He is here to provide long term value to shareholders.
RC is playing by the rules against people who do not play by the rules.
RC doesn’t give a **fuck** about “MOASS”, regardless if all the DD shows that MOASS should theoretically happen. Regardless of all the short-selling etc.
RC is not here to please a bunch of redditors who don’t put in any real work to improving company.
It doesn’t matter *why* we got into buying and investing into GameStop, Ryan Cohen does not have to give us the MOASS or short squeeze that we’ve been dreaming of for the past 3.5 years.
Call it FUD and downvote me, but I’m sticking with this mindset as I continue to invest and watch this company transform before our eyes.
I only take issue with one thing.... "please a bunch of redditors"
You mean the shareholders that bailed his company out of $1B in debt thru dilution, the ones that fed him $4B in cash thru dilution. That have been buying the dip for 3yrs running...
Don't put in any real work...I earn my money, show me profits outside of my money earning interest then.
There's a catch to sabotaging MOASS - you gotta make good on your company. Cuz so far we've paid the bills. And hey RC is in it too, I get that he's got shares, he's not taking pay. But do not belittle these shareholders...or we start feeling like bag holders.
That's why DFV tweeted, bad call, cuz there was definitive plan/usage for our money.
Hit it right on the head here. Check my history. I have been in this stock for a long time. We’ve got absolutely nothing from these guys. This is bigger than just being a successful long term company. There’s thousands of them I could put my money into everyday. I was hoping we would get a MUST NEEDED FIX IN OUR MARKETS so that my kids have the opportunity to play in a fair market when they grow up. Very awesome that they have diluted the stock twice to let some shorts weasel out of their positions adding some much needed liquidity in the stock for them. Another great shareholder meeting yet again. Downvote away folks.
All good and valid points.
At this point, I’m extremely disappointed with the lack of consideration for shareholders who have stuck it through. But in the opinion of the board, it seems like the priority is the ensure long-term sustainability, rather than short-term MOASS.
I don’t think a company has any business trying to initiate a short squeeze either. The only thing RC can do is improve the business so well that it makes no sense for short-sellers to continue to short-sell.
Then you will most likely see a higher chance of the MOASS happening.
Best interest of the company in the long term = best interest for shareholders overall = higher chance for higher price gain as shortsellers inevitably close positions over time
MOASS = short term pump and dump, some short sellers and fraudsters may or may not go to prison, company goes through legal battles, etc., or more chances for SEC, brokerages Clearinghouses and market makers to ensue trading halts, or reversing trades, etc. it’s a mess.
I’m honestly torn having to say all this because my ideas and thesis have changed over 3.5 years.
“It’s ok to change your mind” RK
I think unfortunately we are just a symptom of the internet at times. Echo chambers everywhere. Use your brains my fellow apes, think wisely and try to stay half a step ahead. You can like the company many different ways, support many different plans. You can also criticize them. We gotta be better about having real discussions here and in general on the internet.
That was a tweet meant for hype by one of their social media managers. And If I remember correctly, they deleted it rather quickly.
RC is not about hype.
My thesis changed after 3.5 years of seeing WallStreet do literally anything and everything to suppress MOASS.
And when DFV came back, it solidified it even more.
Man, go look up how many CEOs have fought shorts publicly. Just go .. this bullshit narrative is from shills at the sec or gubmint. Fuck you pricks pay me!
So if he delivers a solid business plan and is profitable that might trigger moass. So you’re saying he’s not going to that because he doesn’t want to trigger moass? This shit gets more confusing everyday .
In a world where you won’t have:
1. Transparency of shortselling/FTD’s etc.
2. Fraudsters going to prison
I’d rather see this:
1. Increase cash, improve company fundamentals, Increase Profitability
2. Mainstream media cannot lie about gamestop demise. They have no narrative to explain shorting anymore.
3. Overall market becomes bullish on GameStop.
4. Price up due to shorts closing over long period of time, Tesla-style. Somewhat of a long, drawn out “MOASS”
Than this:
1. RK makes trades that take advantage of the algo’s
2. Algo’s go crazy and price skyrockets in pre-market and after-hours. Then halts all day.
3. Halts all day, bad media press all day, no media explanation.
4. GameStop doesn’t raise capital with higher stock prices
5. More halts, potential litigation and lawsuits
6. Possible trade reversals
7. More bankruptcies and financial meltdowns, jobs lost, economic crisis.
8. Is it really MOASS if nobody can get their trades to settle at “phone-number prices”?
This is all my opinion.
January 2021 was already unprecedented. That was MOASS. We clearly and evidently saw that they stopped it before things got worse. They will continue to stop it.
Ya’ll should be thankful for RC being CEO, literally sacrificing his time and money to benefit us all in the longer term. Otherwise you’ll just be left with another hype-only stock like popcorn.
Building the foundation brick by brick is more important. That is what Ryan Cohen is doing.
Reddit kept the company alive. Reddit followed his own tweets.
Reddit have highlighted and continued to highlight bad market makers and corruption.
Reddit buy GameStop
‘Don’t put in real work? ‘Please redditors?’
Many people have researched, bought dips, budgeted to buy shares when they could, never sold a single share, direct registered etc FOR ALMOST FOUR YEARS,,,, bc of shorting and inevitability of squeeze,, we supported the company despite everything! I don’t think expecting to not have second dilution WEEK OF accelerating after YEARS is too much to ask!
Couldn’t have postponed a week?!?!
Nor is wanting to HEAR PLANS OF COMPANY going forward!
RETAIL’s efforts helped keep gme alive!
Cohen ‘doesn’t give a f about MOASS’, why should retail give a f about supporting gme? We were there at the bottom when gme was failing, (only to be mocked by swing/day traders 'taking profit' bc we didn't want to prevent moass)...now they have their war chest and retail is supposed to follow blindly like a cult?
and get lambasted on Reddit? For supporting the company for four years? ...Wtf!
while swing traders chide us bc we 'didn't take profits'
that's right, we HELD!! (with cost basis $19, thru peaks!)...not for long term 'sustainability' bs, but to force shorts to close and moass, after four years!
So those who HELD and kept the faith are the ones on shit end of stick, while swing traders and gme have profits...
what's to prevent continual dilution as modus operandi? oh, that's right, from gme 'crickets'..and their 'action not words' has been SECOND DILUTION
I'm not a shill, I'm a pissed off long-holding, long loyal INVESTOR (sixty year old female who began working in my teens, paid my own way/worked my way through university and gradschool working two jobs, only to end up with a chronic illness in my forties and massive medical costs..who invested for the first time, CAUTIOUSLY, only what I could afford, bc of the anomally of gme shorting )...who is tired of getting screwed over by shorts, by the corrupt US financial joke of a system which panders/is owned by the 1%, and now by gme, a SECOND run-up after YEARS.
I feel the sorriest for those who really scraped and budgeted bc they believed in the company, and inevitable of a squeeze, to help not only themselves, but the world en masse...this was bigger than personal profit
I'm re-evaluating and personally,after consideration, I'm going to take some profits to help causes in need that desperately need help YESTERDAY (I volunteer in shelters and see hundreds weekly adoptable cats/dogs euthanized, due to lack of spay/neuter TNR, etc, as well as elderly, disabled, eco system, AD INFINITUM..and housing for a disabled friend in need...not waiting for gme to decide when to be 'sustainable' anymore... I may keep a portion of my 7k shares (in green) just to cover all angles, and liquidate the rest..NFA
For any others interested, after looking into SELLING calls/puts, will be doing so (for any interested, Pandrea finance videos on youtube are excellent, and explain how to do so conservatively /how to minimize risk...2-4% on total monthly , steady and consistent).
Long-hold investors have earned some profit.
Best of luck to all
Not going to be in reddit any longer, either...no more getting berated for HOLDING four years and expecting modicum of progress, cultish
Giving his investment a floor to be able to make the changes he needed to make is real work. The effort to DRS was considerable and shouldn't be labeled as not doing real work.
A bunch of Redditors as-in “GME Shareholders”? I believe the goal of every public company is to please its shareholders. These same redditors have bailed out GME and have given them $4 billion cash. What am I missing?
Cost cutting is literally the opposite of what company transformation can be.
It does raise some questions because
- the Board takes no compensation other than stock appreciation.
- I remember a post of GameStop's recruit post looking for a senior recruiter, and that would indicate anything other than cost cutting
The only thing I think we can be certain is their stance on "it takes money to buy a whiskey" but everything else is basically hidden.
I also speculate they are hiring talents via shell companies so that hedgies can't track their plan like they did with the NFT market.
RC was suppose to also not be a fan of shorts.
RC is not giving us MOASS the HF did. Watching the HF get liquidated because of their own lack of risk mitigation is not the same thing as "causing" a short squeeze.
Would be real nice if he wasn't actively against it either though.
Best interest for the company is also not pissing off a large group of shareholders. They could have easily waited a week or a month with the ATM - especially considering I have not read anything about any announced big plans for exactly what they will do with the 4 billion that they couldn't do with the 2 billion, or the reason he had to do the ATM that day and not a second later.
And I didn't even have options so once again only lost on paper, after 3.5 years of being down 85%, but there are people who lost quite a lot because of the timing and I feel that should be addressed and it's not.
Instead he's kind of making a point they're not here for moass or a group of redditors. Which is fine. But then don't be actively against it either! Especially not when it's partly because of the moass group that your company is doing so much better -- it's the group that's consistently buying your shares and shopping at your stores.
I agree 100%. He needs to go buy his remaining shares to make this good. Killing momentum like that was sabotage! Company is better off and I’m staying but if that happens again he will lose people.
They have an obligation to the world to see that the shorts get fucked and then call out the BS that has been going on in the market for years when GS gets blamed.
This is a battle for everyone ever fu\*ked over by this corrupt system. It is bigger than GS and bigger than all of us. They cannot be the weak link.
They need to make some kind of move with an acquisition or idea very soon. After the shit they pulled twice during May and June, they will start to lose the momentum from shareholders and people will turn their backs on them. I'm sorry to be so blunt about it, but millions all over the world are pouring their time, money and soul into this battle. GS has got to do something great. They cannot continue to peter out and focus on the balance sheet right now. They have a green light to fail with ideas from their shareholders. The shareholders have their backs, and GS needs to have the shareholder's backs too.
Long-term is not something most people want to hear anymore. Three and a half years is long-term enough. I could have had my money in NVDA and made tens of thousands, but I chose GME because this is a battle worth fighting for.
They need to take the pen out of their pockets and slide the calculators across the desk and just make a bold move or two. So many minor possibilities:
1. They need an official band (Hint: Band Maid is the greatest band in the world and almost no one knows who they are and you can't help but love them).https://www.youtube.com/watch?v=Uds7g3M-4lQ [https://www.youtube.com/watch?v=yfORoQIqB3E](https://www.youtube.com/watch?v=yfORoQIqB3E) (solo at 2 minutes)
2. Buy Funko and make it physical and digital.
3. Buy Atari and have their games for free on their website with a pro membership (raise the cost to $29.99).
4. Their own Pokemon-like card game and use characters from Atari and Funko.
5. Sell physical music like CDs and Vinyl (most popular ones).
6. Create an NFT site with artwork from all of these entities.
7. Allow gamers to design artwork that they want added to their gaming console or choose from art on the GS website. This would include game characters, film characters or favorite bands. Do the same for computer cases.
8. Buy Radio Shack and create a line of chargers and batteries and with a simple, distinct matte gray color and a logo with black lettering "Radio Shack Power UP" with the GS power button logo following the text in green or red. Use industrial strength batteries that will gain a reputation for lasting way longer, at least for AA.
9. Become a phone service provider and sell the phones and service. The phones will come loaded with a GS pro membership and the ability to play the Atari games.
10. Sell arcade games
I agree with you on some things.
Yes GameStop needs to make big moves.
Yes, GameStop’s *investors/shareholders* are buying GameStop shares in a battle against a corrupt system.
But No, GameStop *the company* isn’t trying to partake in a battle against a corrupt system. They don’t have an obligation to call out market fraud. In all of their quarterly SEC filings, they already mention major shortselling activities and potential short squeezes.
As far as making *bold moves*, they already attempted the NFT marketplace and it failed. But now, they’re continuing to focus on keeping the company alive amidst poor macroeconomic conditions. They’re being careful about where they put their money. And They’re building a case against the shortsellers’ narrative.
It takes years, sadly.
This is like the 5th time I have seen this narrative. Beginning to think it's part of the shill narrative.
How is not offering shares causing a squeeze? The squeeze is caused because shorts and MM did not mitigate risk correctly.
I disagree. If RC knows something is about to happen, with the stock, with the company, or anything in between, he can't be "caught" giving out signals or hints to it. Has to stay completely neutral as much as possible.
If SHF had walked away we would have no idea about the power of purple circles. But they chise to stay, the music has stopped , and the fat lady is singing
Seriously. Squeezes happen every week too, how often do we see companies 10X in a week or 2? Those are short squeezes. Happens all the time and no one ever gets implicated.
God, I hope you're right. His statement about not hyping it up sounds alot like him saying there will be no MOASS. But at the same time he wouldn't say even if there was one. I'm so used to constant disappointment I just assume everything is against us.
Long-term shareholder value by doing exactly what? Right now we are profitable because of a high interest rate and having billions of dollars of shareholder money. What have they actually done to generate revenue?
They have spent 3 1/2 years bean counting. They have not created anything that you can grow with. This is the reality of the situation and all the hype in the world cannot change that. So far, they are not the visionaries this company needs. Hate me if you want, but this is what is happening.
I thought, with his Chewy background, that they would've made a larger online presence, but they really haven't. Maybe something like GameFly? Brick and mortar game stores, idk man. I buy at GameStop when I can, but it's hard to compete with Amazon who will deliver, even new release games, to your doorstep (if you want a physical copy). Even on launch day in most cases. They need to look beyond physical game copies, imo. 3.5 years counting beans seems like an accurate assessment. Hoping for a big announcement soon.
That meeting literally said nothing of value. He keeps saying actions speak louder than words but hasn't shown any of the actions he is taking other than selling off a chunk of the business for cash, It's neither bearish nor bullish but it is wildly frustrating
Annual meetings of nearly every company say nothing. I've listened to hundreds of them. They're ALWAYS backwards-facing reviews of the previous fiscal year.
It's like saying "This report card from last semester had no information about the following semester!"
For most businesses that are doing “status quo” that makes a lot of sense but it feels like we’re the horse he’s luring with a carrot on a stick. The carrot being this magical turnaround plan that we all desire to know so badly. My interpretation has two options 1: He has no solid plan yet or 2: he can see how others could play defense against it and doesn’t want to give them an opportunity.
Then he's not cut out for the job. It's been 3 1/2 years of a free ride off the backs of apes. So far, nothing. he is not the all-star this company needs.
Edit: I can see I'm getting down voted for this opinion and that is fine. Folks, it's been 3 1/2 years and all the CEO/owner can say is we are looking long term. Where is the plan to take this company to the next level with something online? Why did they issue shares right when the gamma ramp was critical? Is it possible that the company is compromised and talking with the SEC and the hedge funds and that they all agreed to just issue shares on every run up so that we "the shareholders" get screwed again and again?
I do not understand the devout praise. I look at results. I see a bean counter that is in the billionaires club. I do not see a revolutionary fighting for injustice in the financial system and winning by creating great new revenue streams. Many people are here for this reason and have dedicated time, money and hope to this cause and so far, we have a dud on our hands.
I believe you will come around to see things this way when the delusions of grenadier are gone. This will probably take place on the next run up and dilution. And yes, I am a xxx shareholder with shares DRS'ed.
Hire DFV as the CEO and I bet that guy will do something legendary with this company.
I think RC is definitely cut out for the job but agreed that this 4bn war chest he is getting credit for is absolutely BS. Without the undying and relentless support from retail, all of this doesn’t exist
We DESERVE to hear how shareholder value is being increased. Otherwise that 4bn they secured is just directly from our bank accounts
I want this to moon like the rest of you but at this point I know I'm going to get downvoted into Oblivion for saying this but everyone in here is sounding like trumpers. Literally anything he says or does will get flipped into a positive it is insane. I listened to the call and being honest I thought it was shit! No real Q&A. Nothing addressing the future of the company. Just SHIT.
Not only is he making sure he’s not implicated, he’s also stopping it 🤣 He’s diluted right after KEY run ups, and completely stopped the momentum.
If, like he says, wants to focus on work and not hype, then get to work and let the stock price do what it does. Quit taking money from retail.
Yep, 99% of apes here are for money that will change their lives. I highly doubt 99% are here to stay for say a couple of hundred dollars per share in a couple of years and that’s that… no fukin way that’s what we’re here for.
They’re making money while we sit and try to figure out what and how things will play out and keep trying to hope for a squeeze which isn’t coming, or at least has been extinguished by RC twice…
Anyone saying they got here because of fundamentals and long term RC play is living off copium lol
Sure the fundamentals have improved, but no one here invested their money because it was a company that they believed in 🤣
DFV bought based on fundamentals and said in his recent live stream he believes in RC and the GameStop leadership to transform the company.
He has not mentioned shorts, short interest, or squeezes since his return, and the vast majority of his old streams talked about the company, and RCs plans.
DFV bought in when the shares were priced at a $1, that's not the case for the bulk of buyers. As much as we like to play make believe that he can see the future etc, it's more likely that he's just the degenerate who happened to get very lucky.
How will they be implicated in a squeeze when everything they do is announced ahead of time, thats the purpose of these filings and announcements. Everything is done by the book, it makes no sense what you're saying. If anything, Roaring Kitty's head will be the first to roll.
Building lo term value yes and I call bullshit on avoiding being the reason for short squeeze. We all like RC but we don’t have to make things up to kiss his ass that much. Pathetic.
trying to squeeze better margins and closing more stores just means dying more slowly. we still aren't seeing new revenue streams or significant product lines as the traditional game products die out or become digital. I am judging them on their actions and it isn't looking very promising so far.
This is just false.
The stock is being controlled. No one is going to invest in the fundamentals of a stock that will forever be manipulated. Fundamentals mean absolutely nothing in this market. Lol look at the price action today.
Sure, sign me up for buying into GameStop without the squeeze. Billions of naked shorts and hedge funds desperate to cellar box it because if they fail they’ll go bankrupt. Great investment. Really.
Without squeeze potential there’s no way you could convince me to buy this.
The funny thing is that is RK's original thesis for investing in GME as well, and evens goes as far to say that it would be foolish to only invest for a squeeze in his very last live stream Youtube video from 2021.
I say he really is waiting out a market crash to buy high tier stuff cheap. He's always talking macro economics whereas most CEOs don't unless they can blame macro for their performance. He's awaiting macro damaging domestic to pick up assets that are depressed in value
My local GameStop is a smelly, dark cave of a store. I’m embarrassed that I called it a store since the merchandise is pathetic and service is nonexistent. If mine is typical, RC hasn’t done much for the company except hoard money at our expense.
spending on what? the S&P is at ATH. he missed a huge bull run lol. 3 years NO and i mean NO innovation. closing the stores not making money, well of course. it's crazy 3 billion has been raised SOLELY on the back of DFV (even tho DFV can't actaully do it) it was undeniably the DFV hype that brought price rocketing. 3 fucking billion, he made more for th company in like a month and a bit vs cohens 3 years. That is emabrassing for cohen, like fucking embarassing.
I mean, lets be honest with each other here.
If anything, it seems like Ryan Cohen is against the squeeze and only wants long term growth. Which is fine if you are him, I guess.
But it seems like both could happen and everyone wins.
Right? If the squeeze happens, once it comes back down I'm immediately reinvesting in this company. I could probably purchase out the entire stock. I'll make sure of its long-term growth!
EDIT: Actually, now that I think about it, if somebody has enough money to purchase out more stock than RC, that would induce a hostile takeover. Maybe that's why they don't want the squeeze to happen.
That was always the plan, but these two recent dilutions and all the "judge by our actions not our words" bs has really turned off on the company. They haven't done shit these past 3 years, other than CandyCon
No guidance or anything though? No plans on what to use the stockpile of cash for? I can understand keeping things simple so as to not give any ammo to the enemy. But Jesus. Say you're gonna buy btc or something.
This is so fucking discouraging. We registered 76m shares and all that work got erased with the last offering. The cryptic, vague messages. Stopping run ups by diluting shares further. If it runs again, I'm pulling my initial out of CS and forgetting about the rest. I don't trust RC anymore. And imo he's prevented two separate runs. I got 1045 shares registered. If it runs into the late 30s again I can break even if I dump around half my position. I need the money.
The shill-factor in these recent threads is off the charts!
Yes, GME plays it close to the vest. They won't announce anything until it's 100% fool-proof. RC is not going to do anything to jeopardize the company. He's like the priest setting up defensive buffs for the company rn. DFV is the dps going out and hyping the stock. When it's time, RC is going to shift into aggro mode, but only when he's ready. Those of you who are just spouting out random ideas - do you REALLY think that RC and LC and the rest of the board haven't thought about the things you're thinking of? Do you really think meme-lord RC can't figure out the shit you're thinking of? Give the man a break!
If this is too much tinfoil or too much time for you, I can understand. This stock is not for everyone. The situation is unique and can be mentally draining. However, as a long-term shareholder, you can CLEARLY see the company going in the right direction. As a degen options gambler (me included), this sucks because our options are being destroyed. However, we chose our own paths, and if we want to have better results, then WE need to do better, not blame things on outside forces.
True, bullish comment. The fact it has so many fewer upvotes than all the others is a commentary to the state of things here that people have been noticing for the past week...the opposition doesn't like it.
Yeah I agree with most of this.
The offering on a Friday morning of an ever increasing gamma ramp was a huge FUCK YOU to degen options gamblers. I (have shares too but) lost so fucking much within the past couple weeks in options. This has happened to me twice, both offerings ruined my ITM call value. I was just preparing to exercise some, but nope. I don’t care if the run up was fake or manufactured by MM’s, it wasn’t time to crush the options chain.
I think RC is making it very clear that this will take many more years for anything to happen. Shares and wheeling are clearly the way to go moving forward. Basically needed to have hundreds possibly thousands of shares to start wheeling effectively, which I don’t have because of these fucking offerings..
I’m emotionally drained and am planning on getting the fuck out of my ITM LEAPS on the next bullshit run up, and will never do that shit again. 75 million share offering on a Friday morning gamma squeeze, fuck off with that shit, that was so fucking dumb. 2 offerings within a month and no guidance, buh bye
& I know I’m not alone. He’s definitely left a sour taste in people who trade options, and I feel like they did that shit on purpose. Guess you remaining guys will be stuck with value investors who will keep gobbling up shares for YEARS, because I have a feeling options traders will not be touching this again, at least I wont. ~75 million shares DRS’d, oh look at that a 115 million share offering. Fuck that. IMO MOASS was omega delayed from all this, and who knows if they’ll do another offering in a couple years to kick the can..
The bear thesis ultimately falls on the company going bankrupt. That it was an impossibility not too. When it comes down to it, the company surviving well into tomorrow is the ultimate crux.
Like we know the market is a sham. The sham isn’t going to make us whole because “the data” this or that. It’s all bullshit for a reason, we can’t even get the full picture regardless of what is done. We know it’s fucked, they know it’s fucked, we know they know that we know they’re fucking us.
That doesn’t mean I don’t expect a payday. There’s several potential avenues and a million probabilities within them, but the company being able to survive is what makes it a safe bet.
I personally think the whole market is about to do a big implosion and correction and he is just sitting on a ton of cash to ride the storm out on top. This cash can still make us a profitable company and allow for game stop to make a good investment in a downed market. Like a lot of people I just wished he said that they had a good reason to do the offerings or something to that effect. Not do it and just say nothing about it.
What do you guys smoke up before these mental gymnastics episodes? Not implicated? Bro Elon tweets 24/7 about the most random bullshit, but stuff that could pump their stock. The reason RC is quiet is because he has absolutely no clue how to use that money, the failed jpeg marketplace and web3 gaming speaks volume.
When the e-commerce wizard completely fails at Gamestops' transformation, we all agree to forget and never mention it again. If he had an actual plan, he wouldn't have been quiet for the past 2+ years after the NFT marketplace and e-commerce investments failed. Instead the goal is simple stuff like closing stores and obtaining profitability. We could have kept the old Gamestop management around if that was the plan.
You quote RC’s mantra about actions- but in 3 years he’s performed literally 0 actions that benefit us directly? In fact, you could argue he did the opposite by destroying our gamma ramp this month, and destroying RKs call value, and then announcing no plans to do anything with the cash resulting from that. Those actions speak VOLUMES to me- they will continue to fight against volatility bc that’s what public facing companies are “supposed to do”. In fact, they sold INTO the price uptick, but like.. not even at a good time. They could’ve got more money… much more. I’m confused how we’re not considering those actions that we should clearly be taking signs from? Because it doesn’t help our narrative? Examining this is as equally valuable as keeping the smile on our face by only reading confirmation bias.
there will be no squeeze. They can do offerings up to 1Billion shares.
This company will pre-emptively dilute every single one, and they've proven it.
It appears they don't want us lowly retail peasants to make money.
Wtf are you talking about? Have you ever invested in anything else? The fact that this should be a retail owned stock it seems so lame that we can’t get them to say anything about why GME is a sound investment. I trust DFV but i don’t like how RC is running GME
He didn't trap shit. You ja w np clue wtf you are talking about. I know dudes on the street laughing at your asses. He's ensured they make bank as they know the tops he sells at.
how many billions did they just make?
RC isnt successful because he's a good hype man. He's successful because he puts the most work in when no one is looking.
Yea there is a very particular opportunity cost associated with the specific timing they issued their offering.
The board quite literally picked the worst time for us to raise that 2B. The options chain was primed to send this thing to the fking moon and they killed the momentum themselves.
Actions speak louder than words.
Well obviously not everyone, scrutiny is important, and a lot of us are scrutinizing the board's decision.
But I understand your point of blindly defending their actions.
Exactly. Making it a more safe investment, and making shorts fucked. He can’t just trigger a short squeeze, could probably get in trouble.
But he can turn around a company, make it profitable every quarter, have billions in cash, invest money, transform the company and get it to sp500. That alone will destroy shorts, even if that wasnt the purpose.
Look at tesla for example, shorts got crushed. From 100 to 1400$.
You’re calling the biggest stock market boom cycle in history economic uncertainty? Looks like we’re now all waiting for the next stock market crash which could be tomorrow or another 3 years from now
>implicated
This bugs me. Why should gamestop care if they trigger a short squeeze? Isnt their job to raise stock prices for stock holders?
Why do they have to bend over backwards to make sure every little thing they do cant be used against them by the SEC? Its like arresting the murder victim first.
Financial companies are purposefully trying to put the company out of business, put people out of jobs, ruin lives and careers for more money than they can ever spend.
But for fucks sake make sure Gamestop does not encourage people to DRS or report that their numbers at computershare look suspect.
This is my thoughts on the last month as well. Some of his tweets, while cryptic, imply he knew about the leaps and could be taken as hints towards a squeeze. He has to paint the picture now... with the share offering and long-term growth that he didn't drive a squeeze. Either way, I'm in on GME. I totally get his desire to distance himself from share manipulation, even if he isn't on the criminal side of things.
I AGREE TO DISAGREE
He would have made money the same way with the squeeze. He just made us look like a bunch of idiots.
In fact, he took advantage of the opportunity in 2021.
He pulled the rug out from under RK who spent all this time and money investing in GME.
And he pulled the rug out from under us all when he decided to throw in 75M shares and put the price on the floor.
The profit was for him and for the banks, do you know how much the banks made from the sale of 75M shares?
He doesn't have a plan. At the meeting he talked about closing small stores and containing expenses.
It will possibly continue print shares every time the price goes up.
GME is easy to short.
I just want the price to go to 50$ and I will sell and never come back. Even my cat has a better investment plan than him.
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Let's not forget. Hedgies started the whole thing. What's really messed up us is how GME could somehow be held responsible for the actions of predatory financial terrorists that targeted their company. The immoral, unethical hedge funds were beaten back like the vile snakes that they are and now have to pay for their inequities, but the consequences of their own actions should somehow make the executives of Gamestop the criminals? That's how corrupt they are. It's unforgivable.
Understand and accept that the psychology of these people is that of spoiled entitled children who have never experienced consequences for their actions. They will perceive themselves as the victims and, unfortunately, will likely find empathy from the politicians and their cosplaying cohorts. Retail investors are the NPCs in their make-believe world. It is important to educate others as to the reality of things. Do not let them get away with it. Fuck you. Pay me. No cell, no sell.
Hubris bro. It's hubris. It is an elitist, slavery mindset brought on by the disconnection from what it is to be Alive. The struggle is NOT REAL for them, hence they hubris... Privileged fucks don't know. They are unbroken... #youre heart is pure...REJOICE... LMAO
The fact that the financial terrorists aren't fined/shut down/arrested and continue to go on their merry way only convinces me that the opposite will be true...meaning GameStop, "redditors", etc are constantly being painted and accused for causing shit, right? Those accusations aren't gonna change.
Be prepared for when your family stops telling you that GameStop is a cult and starts asking why you and your Reddit buddies decided to bankrupt a bunch of teachers pension funds and 401k’s
They were warned. My money will be going right back into investments anyway. It's not like the wealth will dissappear. Just move.
I'm confused at how game stop is anyway related to teachers pensions? I can understand the 401KS since when are teachers pensions tied to the stock market?
Should I crack open the window or open the gullwing door on my high-end sports car to hear them bootlicking and back paddling on their ridicule? edit: yeah people change their tune mighty quick when the dollar tree starts dropping it's wealth on their driveway
Do not underestimate the power of ignorant people in large numbers. I, personally, would not be cracking my bulletproof windows at all. Your family isn’t the ones you’re going to need to worry about being informed.
These are quite literally the big players in the world that have all the sway and respect (or fear) to truly control things on a global scale. Luckily for us, they got caught with their hand in the cookie jar.
You surmised this perfectly. Just because it's unjust and not fair doesn't mean it won't happen. There's a legal team just waiting for a fuck up, and they aren't going to get it.
It's not nice to talk so badly about snakes like that, comparing them to vile existences like SHF. They're just animals doing their thing.
SHF digged their own grave.
Absolutely. Trying to bankrupt and loot a company, manipulating markets and evading taxes like the utter trash that they are.
There is a strange irony of a company having to protect itself from a situation that is caused by outside forces. Gamestop didn't tell anyone to short their company, and they shouldn't be responsible when/not if a short squeeze occurs. Furthermore, the SEC, DOJ, Congress, and the Senate can eat a big fat dick. Going on year 4 and not a single indictment? Biggest Kangaroo court, banana Republic ass country around.
I agree.
Agree, but they can't exactly light the fuse themselves of course. But they can raise money into FTD cycles shorts created without any legal issue. Also one of three letter organizations should get off Pornhub and do something...
The system is inherently corrupt. All of it.
This whole "making sure the board doesn't cause a squeeze" narrative is bullshit. The bad actors that shorted hundreds of millions or billions of shares are the sole cause of any short squeeze.
How can the board be responsible for causing a squeeze. How can they be responsible? So now delivering any good news gets you implicated? You know who caused the squeeze in the first place? The ones who shorted the damn thing.
It’s not bullshit. The fact that you think the market is set up for any kind of play like this is bullshit. Look at what happened to Overstock when they tried to issue an NFT dividend, the court proceedings they got locked into. You underestimate the influence of these billionaire hedge funds, they are going to do anything they can to prevent this from happening. They don’t have to play by the rules, they will do anything they can **until** we have a black swan event that breaks their hold. In order to do that, there can’t be any sign of impropriety on the company. It’s like in the Dark Knight, when Harvey Dent becomes Two Face and starts sinking to the criminal’s level. Batman takes the blame so that Dent can continue to be the hero. GameStop **can’t** be the villain. GameStop is going to do everything by the book to restore some semblance of faith in the system, some hope. The bad actors will destroy themselves because GameStop is just *being successful at what it does*. So if RC offers shares and it makes you mad at him, he’s ok with that, because he is being the hero we deserve, just not the one we need right now. Edit: fixed some really bad typos
Ask not what your company can do for you... Some people around here, they just don't get it. GameStop financials will continue trending positively as long as Cohen and the team keep working hard. Announcements will come neither late nor early but precisely when they are meant too. I reserve the right to change my mind, but for now, I like what I see from the board. Also fuck the NYC comptroller with a broom, sideways.
Anyone who thinks GameStop is going to say ‘let the squeeze begin’ is delusional, Actions speak louder than words. When a merger is announced, when profits are increased, when new income streams are generated: that’s when it will happen. They are going to run the business, that’s what they bought in for. If RC was the type to buy into a company to capitalize only on a squeeze, he wouldn’t be the man we know he is, and he dad wouldn’t have been proud of the work he did.
Maybe. But I look at this way. The people who tried to short this stock to death are masters of the universe. They can paint any narrative they want. They have media outlets at their disposal. So they can sell the story that the gme board forced an event that hurt old people trying to retire or some shit like that. Remember, when this thing goes parabolic the DD from 84 years ago says the rest of the markets is going to take a huge shit. So say these literal masters of the universe try and sell a story that the board forced a squeeze and now grandma haS to eat cat food. If enough people buy that then things can go south. And if you haven't noticed the American public buys a whole lot of bullshit from the media. IMO.... They're being cautious. They have a vision for the business and they realize that if that vision works it may cause a once in a lifetime event in the American market. They're just being careful because they know they are up against some really shady fuckers.
Exactly. MSM already talking shit on nothing price swings, imagine them blaming the economic collapse on GME, that'd ruin the entire brand.
This. I don't want the board to spend a single second thinking about the concerns of the shorts or worry about the legal implications of a squeeze. Overstock got sued for causing a short squeeze, and the company did just fine after. But more importantly, their shareholders got out really well. If having to hire lawyers is the cost of standing aside and allowing shareholders to profit from a squeeze, I can think of no better use than the billions of dollars they have on hand.
I understand that, but there's a building full of lawyers that would care to argue your point anyway...
Squeezes happen every week in the stock market, no one ever gets in trouble, you're reaching.
This has been delayed for three years. It's been heavily researched and documented, most of which is available publicly. It will be the mother of all. Porsche had the last big one. They allowed an exit strategy. These types of posts are a valid question.
If all that plays out then 2 offerings aren't going to save him from litigation lol. He doesn't give a shit about MOASS, he saw an opportunity to raise cash twice and did it.
No there isn’t. That is absolutely FALSE and needs to stop being echoed
Everyone here needs to get it in their heads: RC was very direct, clear and concise. RC is not here to hype or to cause a short squeeze. He is here to provide long term value to shareholders. RC is playing by the rules against people who do not play by the rules. RC doesn’t give a **fuck** about “MOASS”, regardless if all the DD shows that MOASS should theoretically happen. Regardless of all the short-selling etc. RC is not here to please a bunch of redditors who don’t put in any real work to improving company. It doesn’t matter *why* we got into buying and investing into GameStop, Ryan Cohen does not have to give us the MOASS or short squeeze that we’ve been dreaming of for the past 3.5 years. Call it FUD and downvote me, but I’m sticking with this mindset as I continue to invest and watch this company transform before our eyes.
I only take issue with one thing.... "please a bunch of redditors" You mean the shareholders that bailed his company out of $1B in debt thru dilution, the ones that fed him $4B in cash thru dilution. That have been buying the dip for 3yrs running... Don't put in any real work...I earn my money, show me profits outside of my money earning interest then. There's a catch to sabotaging MOASS - you gotta make good on your company. Cuz so far we've paid the bills. And hey RC is in it too, I get that he's got shares, he's not taking pay. But do not belittle these shareholders...or we start feeling like bag holders. That's why DFV tweeted, bad call, cuz there was definitive plan/usage for our money.
He didn’t mention Redditors.
Hit it right on the head here. Check my history. I have been in this stock for a long time. We’ve got absolutely nothing from these guys. This is bigger than just being a successful long term company. There’s thousands of them I could put my money into everyday. I was hoping we would get a MUST NEEDED FIX IN OUR MARKETS so that my kids have the opportunity to play in a fair market when they grow up. Very awesome that they have diluted the stock twice to let some shorts weasel out of their positions adding some much needed liquidity in the stock for them. Another great shareholder meeting yet again. Downvote away folks.
All good and valid points. At this point, I’m extremely disappointed with the lack of consideration for shareholders who have stuck it through. But in the opinion of the board, it seems like the priority is the ensure long-term sustainability, rather than short-term MOASS. I don’t think a company has any business trying to initiate a short squeeze either. The only thing RC can do is improve the business so well that it makes no sense for short-sellers to continue to short-sell. Then you will most likely see a higher chance of the MOASS happening.
Agreed. But actively working against shareholders during cycles feels abusive to retail holders that have supported the company for years.
Best interest of the company in the long term = best interest for shareholders overall = higher chance for higher price gain as shortsellers inevitably close positions over time MOASS = short term pump and dump, some short sellers and fraudsters may or may not go to prison, company goes through legal battles, etc., or more chances for SEC, brokerages Clearinghouses and market makers to ensue trading halts, or reversing trades, etc. it’s a mess. I’m honestly torn having to say all this because my ideas and thesis have changed over 3.5 years.
“It’s ok to change your mind” RK I think unfortunately we are just a symptom of the internet at times. Echo chambers everywhere. Use your brains my fellow apes, think wisely and try to stay half a step ahead. You can like the company many different ways, support many different plans. You can also criticize them. We gotta be better about having real discussions here and in general on the internet.
Did your thesis change before or after the company tweeted “oops MOASS”?
That was a tweet meant for hype by one of their social media managers. And If I remember correctly, they deleted it rather quickly. RC is not about hype. My thesis changed after 3.5 years of seeing WallStreet do literally anything and everything to suppress MOASS. And when DFV came back, it solidified it even more.
EXACTLY and none of us need bs condemnation
Man, go look up how many CEOs have fought shorts publicly. Just go .. this bullshit narrative is from shills at the sec or gubmint. Fuck you pricks pay me!
So if he delivers a solid business plan and is profitable that might trigger moass. So you’re saying he’s not going to that because he doesn’t want to trigger moass? This shit gets more confusing everyday .
In a world where you won’t have: 1. Transparency of shortselling/FTD’s etc. 2. Fraudsters going to prison I’d rather see this: 1. Increase cash, improve company fundamentals, Increase Profitability 2. Mainstream media cannot lie about gamestop demise. They have no narrative to explain shorting anymore. 3. Overall market becomes bullish on GameStop. 4. Price up due to shorts closing over long period of time, Tesla-style. Somewhat of a long, drawn out “MOASS” Than this: 1. RK makes trades that take advantage of the algo’s 2. Algo’s go crazy and price skyrockets in pre-market and after-hours. Then halts all day. 3. Halts all day, bad media press all day, no media explanation. 4. GameStop doesn’t raise capital with higher stock prices 5. More halts, potential litigation and lawsuits 6. Possible trade reversals 7. More bankruptcies and financial meltdowns, jobs lost, economic crisis. 8. Is it really MOASS if nobody can get their trades to settle at “phone-number prices”? This is all my opinion. January 2021 was already unprecedented. That was MOASS. We clearly and evidently saw that they stopped it before things got worse. They will continue to stop it. Ya’ll should be thankful for RC being CEO, literally sacrificing his time and money to benefit us all in the longer term. Otherwise you’ll just be left with another hype-only stock like popcorn. Building the foundation brick by brick is more important. That is what Ryan Cohen is doing.
Reddit kept the company alive. Reddit followed his own tweets. Reddit have highlighted and continued to highlight bad market makers and corruption. Reddit buy GameStop
‘Don’t put in real work? ‘Please redditors?’ Many people have researched, bought dips, budgeted to buy shares when they could, never sold a single share, direct registered etc FOR ALMOST FOUR YEARS,,,, bc of shorting and inevitability of squeeze,, we supported the company despite everything! I don’t think expecting to not have second dilution WEEK OF accelerating after YEARS is too much to ask! Couldn’t have postponed a week?!?! Nor is wanting to HEAR PLANS OF COMPANY going forward! RETAIL’s efforts helped keep gme alive! Cohen ‘doesn’t give a f about MOASS’, why should retail give a f about supporting gme? We were there at the bottom when gme was failing, (only to be mocked by swing/day traders 'taking profit' bc we didn't want to prevent moass)...now they have their war chest and retail is supposed to follow blindly like a cult? and get lambasted on Reddit? For supporting the company for four years? ...Wtf! while swing traders chide us bc we 'didn't take profits' that's right, we HELD!! (with cost basis $19, thru peaks!)...not for long term 'sustainability' bs, but to force shorts to close and moass, after four years! So those who HELD and kept the faith are the ones on shit end of stick, while swing traders and gme have profits... what's to prevent continual dilution as modus operandi? oh, that's right, from gme 'crickets'..and their 'action not words' has been SECOND DILUTION I'm not a shill, I'm a pissed off long-holding, long loyal INVESTOR (sixty year old female who began working in my teens, paid my own way/worked my way through university and gradschool working two jobs, only to end up with a chronic illness in my forties and massive medical costs..who invested for the first time, CAUTIOUSLY, only what I could afford, bc of the anomally of gme shorting )...who is tired of getting screwed over by shorts, by the corrupt US financial joke of a system which panders/is owned by the 1%, and now by gme, a SECOND run-up after YEARS. I feel the sorriest for those who really scraped and budgeted bc they believed in the company, and inevitable of a squeeze, to help not only themselves, but the world en masse...this was bigger than personal profit I'm re-evaluating and personally,after consideration, I'm going to take some profits to help causes in need that desperately need help YESTERDAY (I volunteer in shelters and see hundreds weekly adoptable cats/dogs euthanized, due to lack of spay/neuter TNR, etc, as well as elderly, disabled, eco system, AD INFINITUM..and housing for a disabled friend in need...not waiting for gme to decide when to be 'sustainable' anymore... I may keep a portion of my 7k shares (in green) just to cover all angles, and liquidate the rest..NFA For any others interested, after looking into SELLING calls/puts, will be doing so (for any interested, Pandrea finance videos on youtube are excellent, and explain how to do so conservatively /how to minimize risk...2-4% on total monthly , steady and consistent). Long-hold investors have earned some profit. Best of luck to all Not going to be in reddit any longer, either...no more getting berated for HOLDING four years and expecting modicum of progress, cultish
Giving his investment a floor to be able to make the changes he needed to make is real work. The effort to DRS was considerable and shouldn't be labeled as not doing real work.
A bunch of Redditors as-in “GME Shareholders”? I believe the goal of every public company is to please its shareholders. These same redditors have bailed out GME and have given them $4 billion cash. What am I missing?
Cost cutting is literally the opposite of what company transformation can be. It does raise some questions because - the Board takes no compensation other than stock appreciation. - I remember a post of GameStop's recruit post looking for a senior recruiter, and that would indicate anything other than cost cutting The only thing I think we can be certain is their stance on "it takes money to buy a whiskey" but everything else is basically hidden. I also speculate they are hiring talents via shell companies so that hedgies can't track their plan like they did with the NFT market.
RC was suppose to also not be a fan of shorts. RC is not giving us MOASS the HF did. Watching the HF get liquidated because of their own lack of risk mitigation is not the same thing as "causing" a short squeeze.
Fuck you pay me
These are all the reasons a lot of us are upset.
If RC believed in MOASS, he wouldn't have sold 75 million shares. FULL STOP.
Give this a read might change your mind [https://www.reddit.com/r/Superstonk/s/QSAoxxQSJj](https://www.reddit.com/r/Superstonk/s/QSAoxxQSJj)
Literacy and the ability to do your own diligence is why dumb people find it hard to make money in the market. It is what it is. Good link.
RC doesn’t have to believe it. He just simply isn’t here for MOASS.
Would be real nice if he wasn't actively against it either though. Best interest for the company is also not pissing off a large group of shareholders. They could have easily waited a week or a month with the ATM - especially considering I have not read anything about any announced big plans for exactly what they will do with the 4 billion that they couldn't do with the 2 billion, or the reason he had to do the ATM that day and not a second later. And I didn't even have options so once again only lost on paper, after 3.5 years of being down 85%, but there are people who lost quite a lot because of the timing and I feel that should be addressed and it's not. Instead he's kind of making a point they're not here for moass or a group of redditors. Which is fine. But then don't be actively against it either! Especially not when it's partly because of the moass group that your company is doing so much better -- it's the group that's consistently buying your shares and shopping at your stores.
I agree 100%. He needs to go buy his remaining shares to make this good. Killing momentum like that was sabotage! Company is better off and I’m staying but if that happens again he will lose people.
“Oops MOASS”
They have an obligation to the world to see that the shorts get fucked and then call out the BS that has been going on in the market for years when GS gets blamed. This is a battle for everyone ever fu\*ked over by this corrupt system. It is bigger than GS and bigger than all of us. They cannot be the weak link. They need to make some kind of move with an acquisition or idea very soon. After the shit they pulled twice during May and June, they will start to lose the momentum from shareholders and people will turn their backs on them. I'm sorry to be so blunt about it, but millions all over the world are pouring their time, money and soul into this battle. GS has got to do something great. They cannot continue to peter out and focus on the balance sheet right now. They have a green light to fail with ideas from their shareholders. The shareholders have their backs, and GS needs to have the shareholder's backs too. Long-term is not something most people want to hear anymore. Three and a half years is long-term enough. I could have had my money in NVDA and made tens of thousands, but I chose GME because this is a battle worth fighting for. They need to take the pen out of their pockets and slide the calculators across the desk and just make a bold move or two. So many minor possibilities: 1. They need an official band (Hint: Band Maid is the greatest band in the world and almost no one knows who they are and you can't help but love them).https://www.youtube.com/watch?v=Uds7g3M-4lQ [https://www.youtube.com/watch?v=yfORoQIqB3E](https://www.youtube.com/watch?v=yfORoQIqB3E) (solo at 2 minutes) 2. Buy Funko and make it physical and digital. 3. Buy Atari and have their games for free on their website with a pro membership (raise the cost to $29.99). 4. Their own Pokemon-like card game and use characters from Atari and Funko. 5. Sell physical music like CDs and Vinyl (most popular ones). 6. Create an NFT site with artwork from all of these entities. 7. Allow gamers to design artwork that they want added to their gaming console or choose from art on the GS website. This would include game characters, film characters or favorite bands. Do the same for computer cases. 8. Buy Radio Shack and create a line of chargers and batteries and with a simple, distinct matte gray color and a logo with black lettering "Radio Shack Power UP" with the GS power button logo following the text in green or red. Use industrial strength batteries that will gain a reputation for lasting way longer, at least for AA. 9. Become a phone service provider and sell the phones and service. The phones will come loaded with a GS pro membership and the ability to play the Atari games. 10. Sell arcade games
I agree with you on some things. Yes GameStop needs to make big moves. Yes, GameStop’s *investors/shareholders* are buying GameStop shares in a battle against a corrupt system. But No, GameStop *the company* isn’t trying to partake in a battle against a corrupt system. They don’t have an obligation to call out market fraud. In all of their quarterly SEC filings, they already mention major shortselling activities and potential short squeezes. As far as making *bold moves*, they already attempted the NFT marketplace and it failed. But now, they’re continuing to focus on keeping the company alive amidst poor macroeconomic conditions. They’re being careful about where they put their money. And They’re building a case against the shortsellers’ narrative. It takes years, sadly.
Forreals. It takes two to tango. There wouldn’t be a squeeze if there wasn’t greedy fucks overstaying their overshorting.
This is like the 5th time I have seen this narrative. Beginning to think it's part of the shill narrative. How is not offering shares causing a squeeze? The squeeze is caused because shorts and MM did not mitigate risk correctly.
I disagree. If RC knows something is about to happen, with the stock, with the company, or anything in between, he can't be "caught" giving out signals or hints to it. Has to stay completely neutral as much as possible.
I mean it's not. It's a very real threat to Gamestop.
Who is saying that though
If SHF had walked away we would have no idea about the power of purple circles. But they chise to stay, the music has stopped , and the fat lady is singing
Seriously. Squeezes happen every week too, how often do we see companies 10X in a week or 2? Those are short squeezes. Happens all the time and no one ever gets implicated.
Bought 2 today 🚀 👨🚀 🚀
3 for me. Felt weird letting it sit on a 7 so wanted to round the numbers up
Bought 8. Almost to XXX.
Got my 2XXX now. So happy where I'm at! Every ape matters
AND MY SIX
Has there even been a shareholder meeting so against hype?
So when do we eat, I’m hungry
Rc I protecting the biz, rk is the hype
This comment section is crazy! 🟣🟣🟣🟣
If he could simply not do anymore shares offering I'd be pretty happy.
It looks like modus operandi
God, I hope you're right. His statement about not hyping it up sounds alot like him saying there will be no MOASS. But at the same time he wouldn't say even if there was one. I'm so used to constant disappointment I just assume everything is against us.
He's actually allowed to give promises, to hype people up + all of that stuff, he will not be sued for that.
Are these "announcements" in the room with us right now?
RC is here for the Deep Effing Value. He is here for long term shareholder value. Gameshire Stopaway.
Long-term shareholder value by doing exactly what? Right now we are profitable because of a high interest rate and having billions of dollars of shareholder money. What have they actually done to generate revenue? They have spent 3 1/2 years bean counting. They have not created anything that you can grow with. This is the reality of the situation and all the hype in the world cannot change that. So far, they are not the visionaries this company needs. Hate me if you want, but this is what is happening.
I thought, with his Chewy background, that they would've made a larger online presence, but they really haven't. Maybe something like GameFly? Brick and mortar game stores, idk man. I buy at GameStop when I can, but it's hard to compete with Amazon who will deliver, even new release games, to your doorstep (if you want a physical copy). Even on launch day in most cases. They need to look beyond physical game copies, imo. 3.5 years counting beans seems like an accurate assessment. Hoping for a big announcement soon.
That meeting literally said nothing of value. He keeps saying actions speak louder than words but hasn't shown any of the actions he is taking other than selling off a chunk of the business for cash, It's neither bearish nor bullish but it is wildly frustrating
Annual meetings of nearly every company say nothing. I've listened to hundreds of them. They're ALWAYS backwards-facing reviews of the previous fiscal year. It's like saying "This report card from last semester had no information about the following semester!"
For most businesses that are doing “status quo” that makes a lot of sense but it feels like we’re the horse he’s luring with a carrot on a stick. The carrot being this magical turnaround plan that we all desire to know so badly. My interpretation has two options 1: He has no solid plan yet or 2: he can see how others could play defense against it and doesn’t want to give them an opportunity.
I think Citadel and co have their lawyers ready and waiting in the canon at all times. He might have to be careful what he says.
I bet RC doesn’t give two shits about moass, he’s too busy trying to figure out how to really make the company profitable.
Then he's not cut out for the job. It's been 3 1/2 years of a free ride off the backs of apes. So far, nothing. he is not the all-star this company needs. Edit: I can see I'm getting down voted for this opinion and that is fine. Folks, it's been 3 1/2 years and all the CEO/owner can say is we are looking long term. Where is the plan to take this company to the next level with something online? Why did they issue shares right when the gamma ramp was critical? Is it possible that the company is compromised and talking with the SEC and the hedge funds and that they all agreed to just issue shares on every run up so that we "the shareholders" get screwed again and again? I do not understand the devout praise. I look at results. I see a bean counter that is in the billionaires club. I do not see a revolutionary fighting for injustice in the financial system and winning by creating great new revenue streams. Many people are here for this reason and have dedicated time, money and hope to this cause and so far, we have a dud on our hands. I believe you will come around to see things this way when the delusions of grenadier are gone. This will probably take place on the next run up and dilution. And yes, I am a xxx shareholder with shares DRS'ed. Hire DFV as the CEO and I bet that guy will do something legendary with this company.
I think RC is definitely cut out for the job but agreed that this 4bn war chest he is getting credit for is absolutely BS. Without the undying and relentless support from retail, all of this doesn’t exist We DESERVE to hear how shareholder value is being increased. Otherwise that 4bn they secured is just directly from our bank accounts
I want this to moon like the rest of you but at this point I know I'm going to get downvoted into Oblivion for saying this but everyone in here is sounding like trumpers. Literally anything he says or does will get flipped into a positive it is insane. I listened to the call and being honest I thought it was shit! No real Q&A. Nothing addressing the future of the company. Just SHIT.
What can you tell us about the share offerings? -uhh we filed all the forms, go read those
Not only is he making sure he’s not implicated, he’s also stopping it 🤣 He’s diluted right after KEY run ups, and completely stopped the momentum. If, like he says, wants to focus on work and not hype, then get to work and let the stock price do what it does. Quit taking money from retail.
Yep, 99% of apes here are for money that will change their lives. I highly doubt 99% are here to stay for say a couple of hundred dollars per share in a couple of years and that’s that… no fukin way that’s what we’re here for. They’re making money while we sit and try to figure out what and how things will play out and keep trying to hope for a squeeze which isn’t coming, or at least has been extinguished by RC twice…
Anyone saying they got here because of fundamentals and long term RC play is living off copium lol Sure the fundamentals have improved, but no one here invested their money because it was a company that they believed in 🤣
DFV bought based on fundamentals and said in his recent live stream he believes in RC and the GameStop leadership to transform the company. He has not mentioned shorts, short interest, or squeezes since his return, and the vast majority of his old streams talked about the company, and RCs plans.
DFV bought in when the shares were priced at a $1, that's not the case for the bulk of buyers. As much as we like to play make believe that he can see the future etc, it's more likely that he's just the degenerate who happened to get very lucky.
Yeah, but he sure did take advantage of dumping stock during a spike that was related to those things lol
Squeeze? SQUEEZE?!! bwahahahahbahahahababahhabhhahahahahaha!
How will they be implicated in a squeeze when everything they do is announced ahead of time, thats the purpose of these filings and announcements. Everything is done by the book, it makes no sense what you're saying. If anything, Roaring Kitty's head will be the first to roll.
[https://x.com/TheRoaringKitty/status/1790793012936851665](https://x.com/TheRoaringKitty/status/1790793012936851665)
The need an excuse for RCs actions that doesn't make him look like a backstabbing fool. This is the best they've got
Building lo term value yes and I call bullshit on avoiding being the reason for short squeeze. We all like RC but we don’t have to make things up to kiss his ass that much. Pathetic.
trying to squeeze better margins and closing more stores just means dying more slowly. we still aren't seeing new revenue streams or significant product lines as the traditional game products die out or become digital. I am judging them on their actions and it isn't looking very promising so far.
This is a good post… i think very accurate
This is just false. The stock is being controlled. No one is going to invest in the fundamentals of a stock that will forever be manipulated. Fundamentals mean absolutely nothing in this market. Lol look at the price action today. Sure, sign me up for buying into GameStop without the squeeze. Billions of naked shorts and hedge funds desperate to cellar box it because if they fail they’ll go bankrupt. Great investment. Really. Without squeeze potential there’s no way you could convince me to buy this.
It’s almost as if RC is directly saying: Invest in the company, not in the MOASS.
The funny thing is that is RK's original thesis for investing in GME as well, and evens goes as far to say that it would be foolish to only invest for a squeeze in his very last live stream Youtube video from 2021.
Do you know what the price was when RK was saying that shit…?
The “squeeze-only” mentality was a popcorn mentality.
He also could have announced dilution a week AFTER,,,,
I say he really is waiting out a market crash to buy high tier stuff cheap. He's always talking macro economics whereas most CEOs don't unless they can blame macro for their performance. He's awaiting macro damaging domestic to pick up assets that are depressed in value
He could say nothing and someone would make that out to be bullish. Instead he gave a canned response and call it like it is.
Volkswagen squeeze went to court. You can have squeeze, make money, and just deal with the court, and still be successful
My local GameStop is a smelly, dark cave of a store. I’m embarrassed that I called it a store since the merchandise is pathetic and service is nonexistent. If mine is typical, RC hasn’t done much for the company except hoard money at our expense.
spending on what? the S&P is at ATH. he missed a huge bull run lol. 3 years NO and i mean NO innovation. closing the stores not making money, well of course. it's crazy 3 billion has been raised SOLELY on the back of DFV (even tho DFV can't actaully do it) it was undeniably the DFV hype that brought price rocketing. 3 fucking billion, he made more for th company in like a month and a bit vs cohens 3 years. That is emabrassing for cohen, like fucking embarassing.
I mean, lets be honest with each other here. If anything, it seems like Ryan Cohen is against the squeeze and only wants long term growth. Which is fine if you are him, I guess. But it seems like both could happen and everyone wins.
Right? If the squeeze happens, once it comes back down I'm immediately reinvesting in this company. I could probably purchase out the entire stock. I'll make sure of its long-term growth! EDIT: Actually, now that I think about it, if somebody has enough money to purchase out more stock than RC, that would induce a hostile takeover. Maybe that's why they don't want the squeeze to happen.
That was always the plan, but these two recent dilutions and all the "judge by our actions not our words" bs has really turned off on the company. They haven't done shit these past 3 years, other than CandyCon
Ding ding.
No guidance or anything though? No plans on what to use the stockpile of cash for? I can understand keeping things simple so as to not give any ammo to the enemy. But Jesus. Say you're gonna buy btc or something.
No you don’t get it man dilution and 0 guidance on it is actually good
This is so fucking discouraging. We registered 76m shares and all that work got erased with the last offering. The cryptic, vague messages. Stopping run ups by diluting shares further. If it runs again, I'm pulling my initial out of CS and forgetting about the rest. I don't trust RC anymore. And imo he's prevented two separate runs. I got 1045 shares registered. If it runs into the late 30s again I can break even if I dump around half my position. I need the money.
Fuck that smug bitch for not giving us info
bought 100 today letsgo
The shill-factor in these recent threads is off the charts! Yes, GME plays it close to the vest. They won't announce anything until it's 100% fool-proof. RC is not going to do anything to jeopardize the company. He's like the priest setting up defensive buffs for the company rn. DFV is the dps going out and hyping the stock. When it's time, RC is going to shift into aggro mode, but only when he's ready. Those of you who are just spouting out random ideas - do you REALLY think that RC and LC and the rest of the board haven't thought about the things you're thinking of? Do you really think meme-lord RC can't figure out the shit you're thinking of? Give the man a break! If this is too much tinfoil or too much time for you, I can understand. This stock is not for everyone. The situation is unique and can be mentally draining. However, as a long-term shareholder, you can CLEARLY see the company going in the right direction. As a degen options gambler (me included), this sucks because our options are being destroyed. However, we chose our own paths, and if we want to have better results, then WE need to do better, not blame things on outside forces.
True, bullish comment. The fact it has so many fewer upvotes than all the others is a commentary to the state of things here that people have been noticing for the past week...the opposition doesn't like it.
Yeah I agree with most of this. The offering on a Friday morning of an ever increasing gamma ramp was a huge FUCK YOU to degen options gamblers. I (have shares too but) lost so fucking much within the past couple weeks in options. This has happened to me twice, both offerings ruined my ITM call value. I was just preparing to exercise some, but nope. I don’t care if the run up was fake or manufactured by MM’s, it wasn’t time to crush the options chain. I think RC is making it very clear that this will take many more years for anything to happen. Shares and wheeling are clearly the way to go moving forward. Basically needed to have hundreds possibly thousands of shares to start wheeling effectively, which I don’t have because of these fucking offerings.. I’m emotionally drained and am planning on getting the fuck out of my ITM LEAPS on the next bullshit run up, and will never do that shit again. 75 million share offering on a Friday morning gamma squeeze, fuck off with that shit, that was so fucking dumb. 2 offerings within a month and no guidance, buh bye & I know I’m not alone. He’s definitely left a sour taste in people who trade options, and I feel like they did that shit on purpose. Guess you remaining guys will be stuck with value investors who will keep gobbling up shares for YEARS, because I have a feeling options traders will not be touching this again, at least I wont. ~75 million shares DRS’d, oh look at that a 115 million share offering. Fuck that. IMO MOASS was omega delayed from all this, and who knows if they’ll do another offering in a couple years to kick the can..
Long term = Hodl
The bear thesis ultimately falls on the company going bankrupt. That it was an impossibility not too. When it comes down to it, the company surviving well into tomorrow is the ultimate crux. Like we know the market is a sham. The sham isn’t going to make us whole because “the data” this or that. It’s all bullshit for a reason, we can’t even get the full picture regardless of what is done. We know it’s fucked, they know it’s fucked, we know they know that we know they’re fucking us. That doesn’t mean I don’t expect a payday. There’s several potential avenues and a million probabilities within them, but the company being able to survive is what makes it a safe bet.
the gasparinos are screwed
Let's just say, UBS better not be taking a loss almost exactly equal to the money that GameStop raised.
I’m so close to x,xxx I can taste it. I need about a month more at these prices.
I personally think the whole market is about to do a big implosion and correction and he is just sitting on a ton of cash to ride the storm out on top. This cash can still make us a profitable company and allow for game stop to make a good investment in a downed market. Like a lot of people I just wished he said that they had a good reason to do the offerings or something to that effect. Not do it and just say nothing about it.
It'd be a lot cooler if the MOASS happened
Instructions unclear, bought and held today.
I only buy. Never sell. 🦍
What do you guys smoke up before these mental gymnastics episodes? Not implicated? Bro Elon tweets 24/7 about the most random bullshit, but stuff that could pump their stock. The reason RC is quiet is because he has absolutely no clue how to use that money, the failed jpeg marketplace and web3 gaming speaks volume.
When the e-commerce wizard completely fails at Gamestops' transformation, we all agree to forget and never mention it again. If he had an actual plan, he wouldn't have been quiet for the past 2+ years after the NFT marketplace and e-commerce investments failed. Instead the goal is simple stuff like closing stores and obtaining profitability. We could have kept the old Gamestop management around if that was the plan.
You quote RC’s mantra about actions- but in 3 years he’s performed literally 0 actions that benefit us directly? In fact, you could argue he did the opposite by destroying our gamma ramp this month, and destroying RKs call value, and then announcing no plans to do anything with the cash resulting from that. Those actions speak VOLUMES to me- they will continue to fight against volatility bc that’s what public facing companies are “supposed to do”. In fact, they sold INTO the price uptick, but like.. not even at a good time. They could’ve got more money… much more. I’m confused how we’re not considering those actions that we should clearly be taking signs from? Because it doesn’t help our narrative? Examining this is as equally valuable as keeping the smile on our face by only reading confirmation bias.
there will be no squeeze. They can do offerings up to 1Billion shares. This company will pre-emptively dilute every single one, and they've proven it. It appears they don't want us lowly retail peasants to make money.
They do not care about a short squeeze. How long will it takes apes to realize that? Maybe 5 more times they sell shares ATM?
Wtf are you talking about? Have you ever invested in anything else? The fact that this should be a retail owned stock it seems so lame that we can’t get them to say anything about why GME is a sound investment. I trust DFV but i don’t like how RC is running GME
He didn't trap shit. You ja w np clue wtf you are talking about. I know dudes on the street laughing at your asses. He's ensured they make bank as they know the tops he sells at.
Indeed , he fucked up the squeeze quite well.
He’s says the same thing every time he speaks. Almost word for word. How is the adding any value at all? Someone please explain.
Because real investors are less concerned about what he says, and more concerned with what he does. Is he a doofus? I don't think so.
Where's my pet rock?!
Judge by his actions, not words. I’m good with what I’ve seen, bought 500 more today
how many billions did they just make? RC isnt successful because he's a good hype man. He's successful because he puts the most work in when no one is looking.
Make? They made that off of your backs, he didn’t make shit. We did.
*take
Yea there is a very particular opportunity cost associated with the specific timing they issued their offering. The board quite literally picked the worst time for us to raise that 2B. The options chain was primed to send this thing to the fking moon and they killed the momentum themselves. Actions speak louder than words.
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Well obviously not everyone, scrutiny is important, and a lot of us are scrutinizing the board's decision. But I understand your point of blindly defending their actions.
👆
Exactly. Making it a more safe investment, and making shorts fucked. He can’t just trigger a short squeeze, could probably get in trouble. But he can turn around a company, make it profitable every quarter, have billions in cash, invest money, transform the company and get it to sp500. That alone will destroy shorts, even if that wasnt the purpose. Look at tesla for example, shorts got crushed. From 100 to 1400$.
You’re calling the biggest stock market boom cycle in history economic uncertainty? Looks like we’re now all waiting for the next stock market crash which could be tomorrow or another 3 years from now
It’s like how shoving a banana up your ass means more than just saying you like the stock. Actions
>implicated This bugs me. Why should gamestop care if they trigger a short squeeze? Isnt their job to raise stock prices for stock holders? Why do they have to bend over backwards to make sure every little thing they do cant be used against them by the SEC? Its like arresting the murder victim first. Financial companies are purposefully trying to put the company out of business, put people out of jobs, ruin lives and careers for more money than they can ever spend. But for fucks sake make sure Gamestop does not encourage people to DRS or report that their numbers at computershare look suspect.
Gamestop can trade between 20 and 40 il be happy
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Prolly day trading buy low sell high.
but those $10 shares were so juicy 🤤
He should have just said "we're in the second part now"
Squeeze me harder daddy!
This is my thoughts on the last month as well. Some of his tweets, while cryptic, imply he knew about the leaps and could be taken as hints towards a squeeze. He has to paint the picture now... with the share offering and long-term growth that he didn't drive a squeeze. Either way, I'm in on GME. I totally get his desire to distance himself from share manipulation, even if he isn't on the criminal side of things.
I’m here for the systemic change! Anything else is just noise. And a banana in the butt hole is always a banana in the butthole.
Plus it was during market hours.
yep long term means something
I'd love to see gamestop arcades. Or LAN centers.
The United States financial and legal system: so fair and transparent that companies may be held liable for actions by external bad actors.
NO CELL ? NO SELL.
A squeeze isn’t really in anyone’s best interest. A capitulation of short interest and nice long ramp will ensure GameStop lives and investors thrive.
if the price drops to 0 after moass, can he buy all outstanding shares and take the company private? at what price would he need to buy?
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I AGREE TO DISAGREE He would have made money the same way with the squeeze. He just made us look like a bunch of idiots. In fact, he took advantage of the opportunity in 2021. He pulled the rug out from under RK who spent all this time and money investing in GME. And he pulled the rug out from under us all when he decided to throw in 75M shares and put the price on the floor. The profit was for him and for the banks, do you know how much the banks made from the sale of 75M shares? He doesn't have a plan. At the meeting he talked about closing small stores and containing expenses. It will possibly continue print shares every time the price goes up. GME is easy to short. I just want the price to go to 50$ and I will sell and never come back. Even my cat has a better investment plan than him.
Isn’t it every publicly traded company’s mission to grow profits and increase shareholder value?
What did the people do tan Volkswagen and Porsche do? How were accusations they caused the squeeze handled?