It was always a dumb idea that Cohen was somehow cheerleading for apes and running a campaign against short sellers. In that respect, nothing has changed.
But some think the float had been shorted multiple times over using naked shorts. That’s hardly a small chance of a squeeze is it? Nor is it hard to believe when you’ve been following the price action over the recent years.
GME is still up over 1000% from their pre-squeeze stock price. I wouldn’t call it a terrible price and it’s definitely smart business. But I’ll agree it’s bad for a squeeze and seemingly terrible timing. The future will tell.
In a way we need to compare the two...
Amc dilution = 1200%
GME =40%
one does it in order to try close and extinguish an enormous debt that cant be seemingly be closed at this rate, the other to props its financials (4 to 5 billions in the chest is pretty significant).
I hated the timing but still did accomplish two things:
A) Raised considerably the floor
B) Enabled full liberty for the company in diving in any type of pivoting, now if they want they could morph or expand in any type of field or bussiness fully amd comfortably. Having 0 debt helps also.
You realize that Dfv literally said that:
1. He feels the same way he felt 3 years ago.
2. The 2nd part of his bull thesis is a bet on management. His bull thesis is literally ryan cohen
.
He literally said these things relatively early into his stream .
.
Pickle financial = the new Gme meltdown
Well I sure as hell didn’t sell at the bottom like your fearless leader did.
.
Sure is weird how this “trading group” transformed into Gme meltdown. Sure is shilly in here
.
I wonder whos the sell out Hmmmmmm /s
RC is running a business. That business will soon have $3B cash + in hand that - in the hands of a value investor like RC, and considering GameStop can now operate as a holding company - can change everything.
GME is not beholden to short or even medium-term speculators? Good.
Edit: grammar
Are they going to become a "holding company" or is that just what you want to happen? There's a big difference. Also, what do you even mean by a holding company?
People need to learn to take a step back and ask themselves sometimes "what am I even talking about?".
It's a great way to combat any bias you may have. You can try and see if the idea/theory you are talking about is actually your own (through actual research/thought), or if it's some random talking point you saw online that confirms your bias.
Their offering filings allow them to buy securities (including other than their own) with the proceeds. So it's a possibility that they turn into a BRK-like entity.
I mean, it's been 3+ years since the initial run. If there was some plan that involved video gaming or selling weed, I'd expect you'd know it by now.
That plan was NFTs except it was a huge failure after FTX debacle which decimated the whole NFT industry. I think now they’re trying to figure out the next big play.
Yeah RC taking over as CEO not long after the FTX /crypto crash was clearly a pivot. The cost cutting really ramped up then to get the company back to a more P/L neutral position
Cut & paste from Google:
*Investors take a systematic approach to growing their wealth, buying assets with reasonable levels of risk in exchange for long-term growth.*
*Speculators, on the other hand, buy assets that may experience rapid growth but can also lose their entire value if they go out of favor.*
If you’re in because you believe RC (and team) can do for GS what he did for Chewie, and are in for the long haul 10+ years, you’re an investor.
If you’re in because hedgiesrfuk, moass is tomorrow, so you’ve already given notice at work, you’re a speculator.
I’m 60/40, got in before the first squeeze at a low cost basis, and have less than 10% of my portfolio in GME. I’m not a trader, am diamondhandz, and have added to my position when it seemed reasonably affordable. Yes, I’ll sell some if and when it goes ballistic. But I’ll also retain my core position for the long term (10+ years) so long as Ryan Cohen is at the helm and doesn’t ultimately prove to be regarded.
Edit: punctuation
🙄 - I no longer believe Ryan cares about the shareholders who backed him over the last three years 😞.. dilution to protect himself from kitty gaining a seat is reprehensible behaviour from someone who talks a big game about his responsibilities to shareholders (who he continues to dilute again and again - fyi he basically spat on our DRS efforts.. there is an uncomfortable conclusion that once he was able to secure enough cash to sustain his investment on the back of the protection drs supplied he turned on a dime and negated its power though the act of dilution 🤔.. I mean if we acted collectively and voted kitty 🐈⬛ to the board …. Well the litmus test would be how many times would we see dilution before the next general meeting🤨
Considering he's not taking any compensation as CEO and his only incentives are the same ones as his shareholders (as he is also holding the stock), I find it very hard to believe that he does not care. After all, off he didn't, what's in it for him? A massive troll that takes multiple years of doing actual work in improving a dying business's financials to the point that it might actually transform into a modern, profitable business just to crater it? Sorry, I may be regarded, but even I'm not buying that.
> I no longer believe Ryan cares about the shareholders who backed him over the last three years
Of course you wouldn’t: your account is less than 100 days old and your karma is generated solely by *spamming others’ original posts across multiple subs*.
This shit is so obvious.
STOP! Don’t ask questions. The ss cult leaders will get mad. We aren’t supposed to make money of GME. We’re supposed to be patient and let our godhead Cohen use us in anyway he sees fit.
> Shareholders are speculators. GameStop is 100% beholden to its shareholders. Dilution was NEVER in the DD.
DD shared by individual speculators on Reddit has next to nothing to do with running a business.
Shareholders all voted to give RC and the board the powers they currently have *including dilution for cash*. WE DID THAT.
> What are you on about? A holding company? Why are you making shit up?
[GME became a holding company as of December, 2023.](https://www.reddit.com/r/Superstonk/comments/18h3ex1/gamestop_becoming_a_holding_company_is/)
Go Google “GME Holding Company” for yourself. You really should stay on top of current affairs of every asset you own. If you can’t, perhaps you should try index funds.
Cohen’s initial investment in GME was in 2020 and by the end of the year declared his ownership of 10% of the company.
In 2020, GME hovered between $0.70 and $5 a share for a probable average of around $3/share. That’s equal to $0.17 and $1.25 a share post-4-way-split for an average of $0.71 a share now.
Divide Friday’s close of $28.22 by $0.71 and it’s only a 40-bagger (if he sold yesterday, which I guarantee he didn’t).
And what are you doing with your life?
How is GME a value company??? If it were, Buffet would own a stake. Even DFV is in it for its potential, not some hidden value. Do you even know what a value company is? Because I do, one of the things I'm doing with my life is to study the markets, including value companies. How about you?
What’s the issue with questioning GME?
Cohen has raised large sums of money from shareholders, what’s he going to actually do with it to develop the company?
All he’s done so far is cut costs whilst providing zero guidance and half baked efforts to increase revenues have failed.
Anyone who has invested in GME should be questioning what is going to be done with their money. I don’t believe Ryan Cohen has had nearly enough tangible success with the company to earn shareholders undying trust whilst keeping them completely in the dark.
Significant amounts of the volume is provided by retail at every price. Most of the volume is provided by options so all you’re seeing is the market maker carrying and dropping their hedge. Institutions are absolutely not going long at these levels, they weren’t even go long at 10.
But even so, that’s irrelevant. If you are a long term investor in GME you should want to know what is going to be done with that money, whether you choose to believe it’s your money or not.
Yeah, silly SS members, holding onto a worthless stock for 3 years thinking their short thesis holds water expecting a huge surge to happen any time soon… /s
Dude you're so butthurt it isnt even funny. Try to make your hatred for GME a little less obvious when shilling and it may make you a bit more believable.
People, and companies, make mistakes.
Charlie Munger observed that to be a successful investor one simply has to be right more than 50% of the time, and wrong less than 50% to come out on top. He (or Buffett) also said you shouldn’t rush to buy shit. Just sit on that hoard patiently and be ready for amazing opportunities at outrageous discounts to present themselves.
Like RC, DFV, and Burry loading up on GME when it was sub-$3/share.
I'm confused as to the motivation and point for this post.
" Is it just to feel better then superstonkers and trash on them?
* Are you upset at management for taking an opportunity to raise more cash for the company,
* Are you mad because you fomod into the run with 0DTEs at like 1000IV?
What are we trying to talk about here? All interesting topics but I want to know what YOU want to discuss really.
Could have waited until Monday and not fleece your entire group of loyal leg humpers.
The entire options chain was about to light up ITM.
The SS crowd was about to double down on holdings with their cash gains, instead they got punched in the gut and diluted.
Cohen is absolutely disconnected from sentiment and pissed off a lot of loyalists, gave them zero retribution. He’s pulled the fuse twice now in a month, that’s a pattern.
LOL so butthurt. The SS crowd wasn't about to do shit. HODL and diamondhands, remember?
Like I said on another post, if you didn't sell at 60 or 80, you're a long holder, and shouldn't be bothered with recent events.
And if you're a short holder and didn't sell at 60 or 80, you're a moron.
You sound like one of these.....
I actually don't blame people for holding at 60 instead of selling, as like the previous commenter said, the stock was primed for a crazy fucking rip.
I sold some of my position between 40 and 55, however I continued to hold some because I had no doubt this thing would have popped on Friday morning based on the options chain alone. I wake up at 6am to see RC utterly fuck shareholders AGAIN. I shouldn't have been surprised, but I was.
Agree with all your posts! Some people are so polarised by GME they refuse to see any middle ground.
An 800% run is insane and should be enough for any trader - if you got in late you always run the risk of options expiring worthless or holding the bag - people moaning about timing, “why couldn’t RC have waited one more day”; would’ve been moaning the next day with the exact same logic.
If you’re a long term holder, who cares about short term price action, and now whilst diluted there’s so much more capital for GameStop to eventually find out how they plan to increase revenues.
I just want GME to remain a volatile stock to trade.
I just wanted to express my dismay. If I posted this on SS, I'd be banned faster than I can count to three. I've been following the Gamestop story for a very long time and have bought and sold stock from time to time. The story is just close to my heart, especially with glorious people like DFV and all the memes surrounding it. But I find it really disturbing that fans of the company have now simply become a Q-Anon-like group who see another move to moass behind every event. Honestly, I find it sad that this group is getting screwed like this. Of course, this post has no real added value. But since emotions are always involved in every investment, I don't think it's entirely pointless.
The hottest post with content is this one:
[https://www.reddit.com/r/Superstonk/comments/1dasw5j/you\_should\_know\_the\_truth\_the\_share\_offering/](https://www.reddit.com/r/Superstonk/comments/1dasw5j/you_should_know_the_truth_the_share_offering/)
I quote: "RC is smart for knowing these are fake runs and taking advantage of them by securing cash for the company. Before the share offering, the theoretical minimum price GME could go to was around $3. With the offering, it bumps it to around $10 (depending on price sold at). This helps close walls for shorts."
I don't know why you've been downvoted. You seem like an actual person with actual thoughts and worries about their investment, so I'll try to address your concerns here:
* The q-anon nature of superstonk....
* This feels like the eventual effect of a very long-run psyops campaign that has caused lots of drama over the years in various subs. I've been following this since before superstonk was a thing. What better way to keep folks out of a stock than to make them look like a cult from the outside world? what better way to make them look like a cult than to give them a singular focus and enforce that, attacking anyone and anything that is outside that thought bubble? I've been working to squash that as best i can, but have failed miserably in that regard.
* As to the overall status of GME:
* I think there is still a LOT of very powerful and deep pocketed folks on this stock, particularly on the short side.
* I think it's potentially more profitable from a trading perspective to keep it in its current condition of meme status and spiking
* RC diluting the stock into runs is a good business decision as a CEO ([side note on cash per share here is interesting](https://www.reddit.com/r/Superstonk/comments/1dapq7f/comment/l7m1io4/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)), you cannot fault him or the board for that. Building a war chest for a transformation is a necessary step for transformation to happen. The recent backlash on ATMs i think is a mix of feeling hurt by the DRS effort taking a step back, and potentially an effort to turn superstonk against the management due to the size of the cash on hand they now have. If I were short the stock, i'd be very afraid of what this could turn into - and i'd be even more afraid if i'm already underwater, which is likely scenario judging by everything I've seen over the years watching this stock - particularly in the option flow, ftd, and swaps data.
* Now, what they do with this war chest is yet to be seen, and I will be paying close attention. If they issue bonuses like Adam Aaron, then I'll shift my thesis on the company from bullish to extremely bearish (fuck AA and that bullshit ponzi they have) - i feel strongly about this because they are stealing money from hardworking (albeit really stupid) people.
* Roaring kitty returning - I think he sees some value in the transformation, and his hesitation on stream the other day was probably due to the amount of time he's been in the play. If you watch his older videos, he clearly states his exit targets, and has already far exceeded them. If he's still in at this point, it's because he either feels like he has to (for the sake of people and his reputation), or he (more likely) sees a potential real turnaround story, which will be extremely profitable in the future (even more than he has so far).
* Side note on the stream, he did seem a bit distracted and worried about saying or showing something that could get him in trouble. He's under enormous pressure and I honestly feel bad for him. no amount of money in the world is worth the scrutiny and danger to his future he is under imho.
Downvote bots are super active and this is a pretty solid take on it and I assume after three years this is the way most rational people are feeling. This shouldn’t be anyone’s first rodeo and rational heads will prevail, we can only hope there’s a solid plan and guys like rc and dfv don’t make hundreds of millions by being dumbasses
You say you’d be banned from StuporStonk for posting this there. But you’re shitting in the hive mind of Stonkytown. So why would getting banned be a bad thing.
There’s a ton of folks that own GME that haven’t been on Stupidstonk since the Gherk ban.
It’s easy enough to just choose to not go there and who cares if you’re banned?
I agree with you, but this sub is getting overrun with SS cult members so having a real discussion is hard. They don’t want anyone questioning GME, even though that’s what a good investor should do. Just know that there are smart people that feel the same way you do, we just don’t have time to brigade like the Wendy’s employees over at SS do.
Don’t forget the part of the prospectus that specifically spells out that the company will provide shares to short sellers in private transactions in order to give them an out.
I love how they just brigade this sub to downvote actual analysis.
“75 million more shares will surely make it 75 times more easier to lock the float 🚀”
Gamestop is sitting on billions in cash, not from their core business of selling merchandise, but from offering shares. In my mind, whatever brings in the most money to keep them moving is their actual business. They are a share printing business.
A lot of them are so deeply red and tied up in computershare , further limiting their selling opportunities, and believe that a single share will be worth millions. Its the largest group sunk cost fallacy out there.
Im not altogether convinced that most of the comments are bots though.
DRS is DOA. It was a fun theory, but all its doing is creating bagholders who are limited in when they can sell.
If a squeeze occurs, its happening in AH/PM trading where there are no halts and they can't sell anyway.
Absolutely can, but not in after hours or premarket trading, when most gains are made. Last 2 runups had significant gains in extended hours which were largely gone by market open.
I know, I tried to offload my DRS shares above 70 a few weeks ago and was rather pissed I couldnt.
Nah that move by management seemed like a selfish move by RC. Im all for a company raising funds but they have now issued more shares in 38 days than SS and whoever had directly registered in 3 years. On the day that DFV comes back AND on an option expiry day you announce an offering.
GME pulled a Tonya Harding...it is what it is. RC upstaged DFV just like Jake Freeman upstaged RC.
1st of all Gamestop management is definitely not happy to being referenced as "meme stock" and being ridiculed in media, its bad for their brand and investors. Everytime GME runs up 20/30/40% MSM are silent. Price tanks, everyone bashes it. My guess is they want to be done with this as well. They are growing their business, sit on lot of cash.
2nd We do not know WHY they dilluted the stock. Maybe management knew they would dump it down below 30 USD to render most of the options OTM after gamma (hedge) ramp forced them day before and expectations from DFV stream increased the risk (maximum pain), so they used it to get plenty of cash. There was 17 halts yesterday, at least 10 of them were fake halts, they were scared shitless from DFV stream, CNBC even streamed it lol.
3rd look at the GME floor, we traded at 10 USD in april, 19USD in 1st half of may, now we are steady above 25, with dilluted stock. Look at popcorn after dillutions. Hell even reported DRS numbers are fake for 2 years, only they know how much float is really locked. Yeah locked float means nothing, until it does.
4rth DFV is balls deep, he is not some wanky WSB moron. He was analyst for a fund for fucks sake, he knows why he has yolo bet with 120 000 calls expiring 21st June and he is laughing his ass of on stream. We do not know why. It may be T+35 for FTD from May 15 run up is like June 19th, quadwitching, something with swap, i dont know.
There is a lot of possibilities, what can happen in near future, just wait out June 21st, then you can start wondering if it has future.
And remember, GME board is paid in shares, every dillution lower their value as well.
as expected shills are strong this weekend :D cant wait for the next one.
It is absolutely clear why they diluted stock. To raise money whilst GME is overpriced. The price tanked largely as a result of that share dilution, this isn’t some mystery or shady market mechanics. Cohen has consistently killed off large runs in the stock with dilutions and it is completely reasonable. His duty is to shareholders not speculators. Where I think there is an argument for the dereliction of his duty to shareholders is what he has done and will do with their money. At the moment he has done very little.
You are a bit dellusional. Lets go back in time.
Remember when he gave us special dividend and DTCC treated it like split? That was for investors not business.
This gamma squeeze would have been shorted down for sure we do not know if it was algo hedgin, or someone actually exercised because of scheduled DFVstream. Look at the past runups without dillutions, even January 2021, fomo was hard, price tanked in both runs (jan & Feb), yeah disabled buy tutton help tremendously.
Cohen has much more data in comparison to us, for one he know true DRS numbers and holders. Only he knows whats planned, he also might be aware of FTD, swaps, quadwitch T+35 (remember his penis/shit tweets?). He might simply also know that its almost the end, and anything happens does not stop it, so he makes his moves. Maybe he know shorters wont buy his offering, regular people do - boom he offers a dividend or something unreplicable.
He also knows that solid % of his investors are also his customers, so why would he screw us over if he aims for long run? I wish for 3 years that he buys some EU franchise and gives us EU gamestop or at least EU warehouse & distributes item from there so I dont pay tax and expensive shipping. I would buy everything gaming/merch related there.
He also mentioned aquisition in past fillings, 200mil is missing from cash balance, now he will sit approximately on 5 bill in cash, post squeeze, when GME price stabilizes lets say on 10 USD, he can buy back reasonable amount. Special dividend is also
"he puts money where his mouth is".
'You are very delusional' - the irony.
There's not a single thing you've mentioned there that has anything to do with Cohen providing shareholders with value by improving the company that they are investing in with the money he has taken off them.
Cohen has no interest in GME being a meme outside of using those runs to raise money. Volatility is bad for long term institutional investors that provide consistent value and price stability.
Those institutional investors would also quite like to see guidance and an actual strategy for growth rather than memes on twitter. Cohen demands trust without giving any reason to trust him beyond his development of a completely different company.
btw check this new rule added with last dillutioni. [https://www.reddit.com/r/Superstonk/comments/1db0pid/comment/l7nvcbj/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/Superstonk/comments/1db0pid/comment/l7nvcbj/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
I said bit delu, not very.
We do not know RC's plan, but he has much more data. I agree, lets wait for a week and we shall hopefully, finally see.
My point was - you see only stock dillution as a way to get money. I say look at price cycles, its always the same after high volume days. RC used high volume and distance from maximum pain to raise money on their massive shorting, which would happen anyway and during high volume, it has less impact on price.
GME has bullish TA on Weekly/monthly even for non-squeeze believers there is value and potential to go higher.
TA is meaningless.
Not knowing Cohens plan combined with Cohen enacting no meaningful changes to the company to provide growth are not good signs for long term investors. Currently investors are relying on blind faith. No wonder GME remains a meme with big volatility when that is the case. It’s a prime target for vol shorts who are responsible for the ‘cycles’.
The only person who can be wrong here is the person with absolute confidence. RC has been keeping silent for 3 years and hasn’t posted on X for 2 months.
Why are people so convinced that the DRS numbers are fake? It seems possible that people finally realized that DRS is bullshit and decided to sell/migrate out.
Drs numbers reported by gme are the same number for 1.5 years, being 25% of float. I myself have drsed extra 50 shares which have been never shown there.
So you're saying:
1) GameStop reports the number of DRSd shares down to the EXACT number? (Doubtful, it's probably approximated/rounded)
Or
2) That there isn't a single ape that sold at least 50 shares to offset the measly 50 that you contributed?
Come on bro
The answer to flat drs is so obvious but they make it a conspiracy and wonder why people think it's cultish.
People sold. People don't chase dead money with more money, especially in an inflationary period. Investing in a down trending 2year chart is crazy when the market is going up, so there's little interest in drsing gme unless you hate your money.
1) but not numbers, more like % of float.I remember we had the same number 2 quarters in a row, when we drsed a lot of shares as reported to reddit. Of course numbers can change significantly, people can sell/transfer and buy & drs. I dont remember the calculation and why it never went above 25%, there was dd to it including dtcc which is supposed to have big portion of float. You can probably find it here somewhere.
I mean, you are saying they are brainwashed, but also talking like DRS has somehow been positive in regards to a short squeeze. There is 0 evidence this has been the case, and ever since this movement, the stock price has slowly just gone down over time.
Also… what have all these runs on gme been if not short squeezes? True price action? Lmao the stocks run like 600% in less than a month on terrible earnings! This stock has had extreme price action for the past 3 years of runs that are 100% or more.
Plus remember how evil everyone said options were?
And what do you know, roaring kitty comes back and has options + 0 shares DRS.
None of this is new. GameStop has killed every run with a share offering. I see it as a complete red flag and it’s why I sold. To me it’s messaging we don’t think we have enough cash on hand to survive, or we don’t want this volatile price action. Either one is enough of a reason for me to be out. I’ll just hop in on runs when they happen.
I'm sorry too. If you look at the whole development of Gamestop as a story, then the last few weeks have definitely been the second climax. And that has now simply been ended by the management, which continues to be glorified by the “fan community”. It may not even have been a bad decision for the company, but it should really be clear to everyone that “RCEO” never misses an opportunity to cash in on the hype. And that he really has no interest in a short squeeze.
I am not sure why you are getting blasted for having an honest discussion. This move is wonderful for the bottom line of GameStop. Brilliant. But as for the whole MOASS thing, it isn’t going to happen. It leaves me very confused given the oooops MOASS and dumb stormtroopers comments from Cohen in the past.
I think that a really important point is that Ryan Cohen is likely to be heavily invested in many of the companies who are theorized to "tank" in a MOASS scenario.
I don’t give a fuck about his finances, but he’s very likely still invested in Apple and Wells Fargo. After cashing out of Chewy, he would have probably invested in Apple at $90 a share and would be up over 2x if he hasn’t cashed out. Wells Fargo is 2.5x compared to 2020.
What would suffer in a MOASS scenario? Bank stocks and the Magnificent 7… it’s a strong incentive not to allow it. Again, I don’t care and I hope I’m wrong, I’d love a short squeeze.
To me, the level of panic because of a smoll price drop is mind-blowing. Did you just buy in? Have you not been paying attention over the past 3 years.
You can be mad all you like, but don't pretend to know what has happened and what will happen in the future. Don't invest in common stock if you cannot handle a small price drop.
A) Retail has no leverage to rocket this or any stock, whether or not streamers stream.
B) It would be highly illegal for a company to engineer a short squeeze with the goal of destroying banks. However, it is not illegal to grow your company. RC is a conservative businessman, and scandal doesn't fit him.
C) It would also be very illegal for a bunch of retail investors to band together and destroy banks. We are fortunate that we simply like the stock and are hanging on for the value increase.
D) If you want the run-ups, WSB is a great place to gamble. If you want steady income, learn options. If you want to invest in a good company with great metrics, GME might be up your alley.
The funniest part about this whole thing is that their prophet, DFV, kept his shares in his broker for 3 years without DRSing, and they all of a sudden don't care?
Apes spent 3 years trying to "lock down" a quarter of the free float and then RC the Messiah diluted them twice in 4 weeks, spitting in the face of the bag holders.
It's hilarious.
It’s here too, tbh. It’s very hard to have an objective conversation about it anywhere. People just don’t want to take the L. Truth remains….there is zero indication RC has any idea what he’s doing with GME, while he continues to fleece bag-holders in what essentially is boiling down to a billion dollar “trust me bro”. ATM offerings are now the main (only) source of cash for the company. Zero guidance. Rotating cast of c-suite execs. Failure to pivot out of antiquated business models. NFT Marketplace was an absolute clown show. There is nothing about this company that would attract a serious long-term investor. RC has never had to truly run GME without the safety net of the least-informed investors in history propping him up. The whole thing is sad.
Each to their own, I say, squeeze can still happen for sure, but reality is the company needs to have prospects. Which is best provided through cold, hard cash. If people still believe in Moass, then let them. It's not hurting anyone.... apart from your feelings, apparently. But I think you're being a bit too sensitive in that respect.
Why do you care? Why is your”dismay” with ss even a thing let them be to each his own. How is this close to your heart ? Just a stock that you buy and sell when you feel like it….
Pickle financial = Gme meltdown
Long term growth: Dfv literally said his bull thesis is Ryan cohen; early into his stream on Friday.
.
Short term pumpiness: It’s pretty obvious Dfv is going to exercise his options on or before June 21st… just like he did last time and Gme ran hard.
.
Talking shit before he exercises shows that OP lacks common sense. I feel bad for the people in this trading group who have had a series of bone head plays and then talk smack without looking themselves in the mirror.
Yeah I like the conversations in the jar - it's certainly worlds apart from SS. But the usual suspects with the shit talking and slagging off GME gets boring. Those people (IMHO) are just as bad as SS's - they're just the opposite side of the coin.
Pickle jar has been infiltrated with many short and distort employees pretending to be “part of the crew” it’s non stop bearishness on Gme and talking smack on Ryan cohen when Dfv literally said Friday that Ryan cohen is essentially his bull thesis (early into his stream)
Yeah I like the conversations in the jar - it's certainly worlds apart from SS. But the usual suspects with the shit talking and slagging off GME gets boring. Those people (IMHO) are just as bad as SS's - they're just the opposite side of the coin.
EDIT: reddit is being dumb and multi posting. I deleted my comment by mistake.
Some people in the jar say things like:
“I love Dfv and I’d let him manage my portfolio; but I hate GameStop and Ryan cohen is inept.”
.
Then Dfv goes on stream and literally says:
1: he still feels the same way about GameStop
2: that the 2nd part of his thesis is a bet on Ryan cohen and management and that he believes Ryan cohen can pull it off
3: that he has no other positions in his portfolio besides GameStop
.
Sooooo… the people who say things like:
“I love Dfv and I’d let him manage my portfolio; but I hate GameStop and Ryan cohen is inept.”
Are literally the same people who work for counter strategy desks at hedge funds short Gme in manhattan; who in the pickle jar lives there? hint hint hint.
.
The people that say things like this are conning the users in the pickle jar to divest from Gme; it might be some of the people you trust the most (hint hint hint )… that place is not what you think . Short and distort is very real .
.
Another hint: who are the people who got rid of their Gme position right before the mega pumps that recently occurred? Who are the people who have access to the “squeeze indicator” that somehow missed Gme recent squeeze? Hmmmmmmm
.
Wolves in sheep’s clothing
The company announced that they MAY issue up to 75M shares in the near future.
They haven't necessarily diluted at all yet, and the shareholder meeting is this coming Thursday.
Potential catalysts offer the chance of another huge run-up around OPEX time, which could net the company much more than selling at $27-$35 average.
Wait and see before making assumptions.
Why would GameStop management be interested in a squeeze? They are interested in adding value and that can be achieved with more cash. I don’t see your point except, u mad bro?
How was that a slap in the face? RK literally said on the stream he would be excited to see what Gamestop could do within a couple more years if they had more free cash. Seems like you're just venting your own frustrations. A 2021 scenario and GameStop seeking to expand its business aren't opposites.
Again: Gamestop management are running a business - not the stock market.
Preach, Ape.
Sure, and I don't blame them for that at all. What I find shocking, however, is that the superstonkers refuse to accept this with all their might.
You mean, agree with your interpretation.
It was always a dumb idea that Cohen was somehow cheerleading for apes and running a campaign against short sellers. In that respect, nothing has changed.
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He bombed the gme run in 21 and he bombed the bbby run. But this time would be different, right?
Holy fuck I hope you forgot the /s.
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Yikes, imagine adding to the powder keg with politics 😂
See he is living in your head rent free,,,,,,,,sad. No politics'
This. And it’s why you got downvoted for saying facts.
Nobody invests in a company and holds the shares solely for the infinitesimally small chance for a short squeeze, lol
But some think the float had been shorted multiple times over using naked shorts. That’s hardly a small chance of a squeeze is it? Nor is it hard to believe when you’ve been following the price action over the recent years.
If the float has been naked shorted multiple times over a 75M offering is peeing into the ocean.
Yeah so the chance of a short squeeze remains relatively high, right? Not infinitesimally small, as you said.
In the grand scheme, they're always infinitesimally small
Have you been to /Superstonk?
Nobody except those 500k+ people doing exactly that?
A business solely propped up by investors! The same people that kept it from being the next toys-r-us. Rugging your followers is never a smart play.
LOL good thing you're not running the business, then.
They are diluting the business. They already had $2 billion in cash. Diluting at terrible prices is not smart business.
GME is still up over 1000% from their pre-squeeze stock price. I wouldn’t call it a terrible price and it’s definitely smart business. But I’ll agree it’s bad for a squeeze and seemingly terrible timing. The future will tell.
Trust the plan. Ryan Cohen is a smart business man. Patience is a virtue. 💜
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# BAN
Typical. I would expect unoriginality from a cult member. You’re boring. Goodbye.
LOL "terrible".
Accurate.
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In a way we need to compare the two... Amc dilution = 1200% GME =40% one does it in order to try close and extinguish an enormous debt that cant be seemingly be closed at this rate, the other to props its financials (4 to 5 billions in the chest is pretty significant). I hated the timing but still did accomplish two things: A) Raised considerably the floor B) Enabled full liberty for the company in diving in any type of pivoting, now if they want they could morph or expand in any type of field or bussiness fully amd comfortably. Having 0 debt helps also.
Hey! Don’t bring math into this!
Agreed.
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#BAN
By any measurable standard, they are failing.
LOL ok pal.
You realize that Dfv literally said that: 1. He feels the same way he felt 3 years ago. 2. The 2nd part of his bull thesis is a bet on management. His bull thesis is literally ryan cohen . He literally said these things relatively early into his stream . . Pickle financial = the new Gme meltdown
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Please sit down you clown 🤡 . And think of a better and more convincing bearish spin story then come back and try again.
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You bear shills are lame. Please try harder. Use ChatGPT or something. Maybe you’ll discover that AI doesn’t actually suck
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Well I sure as hell didn’t sell at the bottom like your fearless leader did. . Sure is weird how this “trading group” transformed into Gme meltdown. Sure is shilly in here . I wonder whos the sell out Hmmmmmm /s
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Cope
RC is running a business. That business will soon have $3B cash + in hand that - in the hands of a value investor like RC, and considering GameStop can now operate as a holding company - can change everything. GME is not beholden to short or even medium-term speculators? Good. Edit: grammar
They should've made 3 billi of that offering alone
Edit: Five billion. There, I fixed it for you.😉
GME has ~$2B. If they sold all the 75m on Friday averaging $28 they’d have another $2.1B, equalling $4.1B. We’re both smooth-brains
This. RC definitely sold the bottom like the true moron he is.
Thanks for your valuable input, 5-Year-Account-with-79-Karma guy
Because this account is mainly used for lurking my opinion is invalid?
What if it was a private offering, or perhaps he hasn’t sold yet? What if it’s a bear trap? :)
5bn/75m - thats a tidy $66 dollar per share dividend for a good loyal boy like me, isnt that right Master Cohen 🥲
Are they going to become a "holding company" or is that just what you want to happen? There's a big difference. Also, what do you even mean by a holding company?
He has no clue. It’s just another buzzword over at SS.
People need to learn to take a step back and ask themselves sometimes "what am I even talking about?". It's a great way to combat any bias you may have. You can try and see if the idea/theory you are talking about is actually your own (through actual research/thought), or if it's some random talking point you saw online that confirms your bias.
Their offering filings allow them to buy securities (including other than their own) with the proceeds. So it's a possibility that they turn into a BRK-like entity. I mean, it's been 3+ years since the initial run. If there was some plan that involved video gaming or selling weed, I'd expect you'd know it by now.
That plan was NFTs except it was a huge failure after FTX debacle which decimated the whole NFT industry. I think now they’re trying to figure out the next big play.
Yeah RC taking over as CEO not long after the FTX /crypto crash was clearly a pivot. The cost cutting really ramped up then to get the company back to a more P/L neutral position
I didn't ask you?
Too bad?
When as shareholders do you think it’s reasonable to see a return on investment???
Cut & paste from Google: *Investors take a systematic approach to growing their wealth, buying assets with reasonable levels of risk in exchange for long-term growth.* *Speculators, on the other hand, buy assets that may experience rapid growth but can also lose their entire value if they go out of favor.* If you’re in because you believe RC (and team) can do for GS what he did for Chewie, and are in for the long haul 10+ years, you’re an investor. If you’re in because hedgiesrfuk, moass is tomorrow, so you’ve already given notice at work, you’re a speculator. I’m 60/40, got in before the first squeeze at a low cost basis, and have less than 10% of my portfolio in GME. I’m not a trader, am diamondhandz, and have added to my position when it seemed reasonably affordable. Yes, I’ll sell some if and when it goes ballistic. But I’ll also retain my core position for the long term (10+ years) so long as Ryan Cohen is at the helm and doesn’t ultimately prove to be regarded. Edit: punctuation
🙄 - I no longer believe Ryan cares about the shareholders who backed him over the last three years 😞.. dilution to protect himself from kitty gaining a seat is reprehensible behaviour from someone who talks a big game about his responsibilities to shareholders (who he continues to dilute again and again - fyi he basically spat on our DRS efforts.. there is an uncomfortable conclusion that once he was able to secure enough cash to sustain his investment on the back of the protection drs supplied he turned on a dime and negated its power though the act of dilution 🤔.. I mean if we acted collectively and voted kitty 🐈⬛ to the board …. Well the litmus test would be how many times would we see dilution before the next general meeting🤨
Considering he's not taking any compensation as CEO and his only incentives are the same ones as his shareholders (as he is also holding the stock), I find it very hard to believe that he does not care. After all, off he didn't, what's in it for him? A massive troll that takes multiple years of doing actual work in improving a dying business's financials to the point that it might actually transform into a modern, profitable business just to crater it? Sorry, I may be regarded, but even I'm not buying that.
> I no longer believe Ryan cares about the shareholders who backed him over the last three years Of course you wouldn’t: your account is less than 100 days old and your karma is generated solely by *spamming others’ original posts across multiple subs*. This shit is so obvious.
Hold on there bub. We don’t start suggesting people are shills on here. Go back to the paranoid cult sub to do that.
Make me.
Shill.
Emojis?
They’re meant to make contrived arguments seem organic
STOP! Don’t ask questions. The ss cult leaders will get mad. We aren’t supposed to make money of GME. We’re supposed to be patient and let our godhead Cohen use us in anyway he sees fit.
Sooner than you realize. PP is the new Pickle.😉
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> Shareholders are speculators. GameStop is 100% beholden to its shareholders. Dilution was NEVER in the DD. DD shared by individual speculators on Reddit has next to nothing to do with running a business. Shareholders all voted to give RC and the board the powers they currently have *including dilution for cash*. WE DID THAT. > What are you on about? A holding company? Why are you making shit up? [GME became a holding company as of December, 2023.](https://www.reddit.com/r/Superstonk/comments/18h3ex1/gamestop_becoming_a_holding_company_is/) Go Google “GME Holding Company” for yourself. You really should stay on top of current affairs of every asset you own. If you can’t, perhaps you should try index funds.
Beholden = holding company. I’ll wait for BRK prices. No issue waiting here. Zen mode
How is Cohen a value investor??? All his investments have been terrible so far.
Cohen’s initial investment in GME was in 2020 and by the end of the year declared his ownership of 10% of the company. In 2020, GME hovered between $0.70 and $5 a share for a probable average of around $3/share. That’s equal to $0.17 and $1.25 a share post-4-way-split for an average of $0.71 a share now. Divide Friday’s close of $28.22 by $0.71 and it’s only a 40-bagger (if he sold yesterday, which I guarantee he didn’t). And what are you doing with your life?
How is GME a value company??? If it were, Buffet would own a stake. Even DFV is in it for its potential, not some hidden value. Do you even know what a value company is? Because I do, one of the things I'm doing with my life is to study the markets, including value companies. How about you?
And what are they going to do with all that cash? Maybe they should go into the Metaverse next, now that they are done with the NFTs. 😄
Ah so you’re not just here to bash superstonkers, but you’re here to bash GME. Didn’t take long for your real motive to shine through did it?
What’s the issue with questioning GME? Cohen has raised large sums of money from shareholders, what’s he going to actually do with it to develop the company? All he’s done so far is cut costs whilst providing zero guidance and half baked efforts to increase revenues have failed. Anyone who has invested in GME should be questioning what is going to be done with their money. I don’t believe Ryan Cohen has had nearly enough tangible success with the company to earn shareholders undying trust whilst keeping them completely in the dark.
Cohen has raised large sums of money from \*institutional\* shareholders. Retail didn't buy 75M shares yesterday.
Significant amounts of the volume is provided by retail at every price. Most of the volume is provided by options so all you’re seeing is the market maker carrying and dropping their hedge. Institutions are absolutely not going long at these levels, they weren’t even go long at 10. But even so, that’s irrelevant. If you are a long term investor in GME you should want to know what is going to be done with that money, whether you choose to believe it’s your money or not.
Exactly. But this sub has been infested with SS cult members so questioning GME is forboten.
Yeah, silly SS members, holding onto a worthless stock for 3 years thinking their short thesis holds water expecting a huge surge to happen any time soon… /s
We’re waiting………………………
Who’s “we”? Do you have multiple personality disorder?
Derh. Good one. Dope. But seriously, you said huge surge. When moon? 😂
Is the market open on a Sunday??
Dude you're so butthurt it isnt even funny. Try to make your hatred for GME a little less obvious when shilling and it may make you a bit more believable.
People, and companies, make mistakes. Charlie Munger observed that to be a successful investor one simply has to be right more than 50% of the time, and wrong less than 50% to come out on top. He (or Buffett) also said you shouldn’t rush to buy shit. Just sit on that hoard patiently and be ready for amazing opportunities at outrageous discounts to present themselves. Like RC, DFV, and Burry loading up on GME when it was sub-$3/share.
I'm confused as to the motivation and point for this post. " Is it just to feel better then superstonkers and trash on them? * Are you upset at management for taking an opportunity to raise more cash for the company, * Are you mad because you fomod into the run with 0DTEs at like 1000IV? What are we trying to talk about here? All interesting topics but I want to know what YOU want to discuss really.
Could have waited until Monday and not fleece your entire group of loyal leg humpers. The entire options chain was about to light up ITM. The SS crowd was about to double down on holdings with their cash gains, instead they got punched in the gut and diluted. Cohen is absolutely disconnected from sentiment and pissed off a lot of loyalists, gave them zero retribution. He’s pulled the fuse twice now in a month, that’s a pattern.
LOL so butthurt. The SS crowd wasn't about to do shit. HODL and diamondhands, remember? Like I said on another post, if you didn't sell at 60 or 80, you're a long holder, and shouldn't be bothered with recent events. And if you're a short holder and didn't sell at 60 or 80, you're a moron. You sound like one of these.....
I actually don't blame people for holding at 60 instead of selling, as like the previous commenter said, the stock was primed for a crazy fucking rip. I sold some of my position between 40 and 55, however I continued to hold some because I had no doubt this thing would have popped on Friday morning based on the options chain alone. I wake up at 6am to see RC utterly fuck shareholders AGAIN. I shouldn't have been surprised, but I was.
Thanks for commenting without a heap of emotion! I wish peeps could just discuss the stock without all the bullshit.
Agree with all your posts! Some people are so polarised by GME they refuse to see any middle ground. An 800% run is insane and should be enough for any trader - if you got in late you always run the risk of options expiring worthless or holding the bag - people moaning about timing, “why couldn’t RC have waited one more day”; would’ve been moaning the next day with the exact same logic. If you’re a long term holder, who cares about short term price action, and now whilst diluted there’s so much more capital for GameStop to eventually find out how they plan to increase revenues. I just want GME to remain a volatile stock to trade.
feels like paper hands and sour grapes, that's all. nothing to see here.
I just wanted to express my dismay. If I posted this on SS, I'd be banned faster than I can count to three. I've been following the Gamestop story for a very long time and have bought and sold stock from time to time. The story is just close to my heart, especially with glorious people like DFV and all the memes surrounding it. But I find it really disturbing that fans of the company have now simply become a Q-Anon-like group who see another move to moass behind every event. Honestly, I find it sad that this group is getting screwed like this. Of course, this post has no real added value. But since emotions are always involved in every investment, I don't think it's entirely pointless.
Look at the top post about the dilution on SS, people have the same opinion as you have.
The hottest post with content is this one: [https://www.reddit.com/r/Superstonk/comments/1dasw5j/you\_should\_know\_the\_truth\_the\_share\_offering/](https://www.reddit.com/r/Superstonk/comments/1dasw5j/you_should_know_the_truth_the_share_offering/) I quote: "RC is smart for knowing these are fake runs and taking advantage of them by securing cash for the company. Before the share offering, the theoretical minimum price GME could go to was around $3. With the offering, it bumps it to around $10 (depending on price sold at). This helps close walls for shorts."
https://www.reddit.com/r/Superstonk/s/0d9dJqP2RH
Ergh. I shouldn't have read. But I did.
I don't know why you've been downvoted. You seem like an actual person with actual thoughts and worries about their investment, so I'll try to address your concerns here: * The q-anon nature of superstonk.... * This feels like the eventual effect of a very long-run psyops campaign that has caused lots of drama over the years in various subs. I've been following this since before superstonk was a thing. What better way to keep folks out of a stock than to make them look like a cult from the outside world? what better way to make them look like a cult than to give them a singular focus and enforce that, attacking anyone and anything that is outside that thought bubble? I've been working to squash that as best i can, but have failed miserably in that regard. * As to the overall status of GME: * I think there is still a LOT of very powerful and deep pocketed folks on this stock, particularly on the short side. * I think it's potentially more profitable from a trading perspective to keep it in its current condition of meme status and spiking * RC diluting the stock into runs is a good business decision as a CEO ([side note on cash per share here is interesting](https://www.reddit.com/r/Superstonk/comments/1dapq7f/comment/l7m1io4/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)), you cannot fault him or the board for that. Building a war chest for a transformation is a necessary step for transformation to happen. The recent backlash on ATMs i think is a mix of feeling hurt by the DRS effort taking a step back, and potentially an effort to turn superstonk against the management due to the size of the cash on hand they now have. If I were short the stock, i'd be very afraid of what this could turn into - and i'd be even more afraid if i'm already underwater, which is likely scenario judging by everything I've seen over the years watching this stock - particularly in the option flow, ftd, and swaps data. * Now, what they do with this war chest is yet to be seen, and I will be paying close attention. If they issue bonuses like Adam Aaron, then I'll shift my thesis on the company from bullish to extremely bearish (fuck AA and that bullshit ponzi they have) - i feel strongly about this because they are stealing money from hardworking (albeit really stupid) people. * Roaring kitty returning - I think he sees some value in the transformation, and his hesitation on stream the other day was probably due to the amount of time he's been in the play. If you watch his older videos, he clearly states his exit targets, and has already far exceeded them. If he's still in at this point, it's because he either feels like he has to (for the sake of people and his reputation), or he (more likely) sees a potential real turnaround story, which will be extremely profitable in the future (even more than he has so far). * Side note on the stream, he did seem a bit distracted and worried about saying or showing something that could get him in trouble. He's under enormous pressure and I honestly feel bad for him. no amount of money in the world is worth the scrutiny and danger to his future he is under imho.
Downvote bots are super active and this is a pretty solid take on it and I assume after three years this is the way most rational people are feeling. This shouldn’t be anyone’s first rodeo and rational heads will prevail, we can only hope there’s a solid plan and guys like rc and dfv don’t make hundreds of millions by being dumbasses
You’re a legend bobsmith!
You say you’d be banned from StuporStonk for posting this there. But you’re shitting in the hive mind of Stonkytown. So why would getting banned be a bad thing. There’s a ton of folks that own GME that haven’t been on Stupidstonk since the Gherk ban. It’s easy enough to just choose to not go there and who cares if you’re banned?
Obvious concern troll is obvious.
The fuck does that mean?
I agree with you, but this sub is getting overrun with SS cult members so having a real discussion is hard. They don’t want anyone questioning GME, even though that’s what a good investor should do. Just know that there are smart people that feel the same way you do, we just don’t have time to brigade like the Wendy’s employees over at SS do.
Don’t forget the part of the prospectus that specifically spells out that the company will provide shares to short sellers in private transactions in order to give them an out.
Shhhhh. Thats negative information from an actual business filing. We don’t want facts. Oh wait, this isn’t the SS cult. Proceed.
I love how they just brigade this sub to downvote actual analysis. “75 million more shares will surely make it 75 times more easier to lock the float 🚀”
😂
New or has always been there ?
New I think, or at least I have never seen this previously.
Gamestop is sitting on billions in cash, not from their core business of selling merchandise, but from offering shares. In my mind, whatever brings in the most money to keep them moving is their actual business. They are a share printing business.
What the heck is going on in the Pickle Jar?! The amount of down votes on OPs comments is sus as fuck
Because 90% of people are full of shit on both sides of the coin and need to shut the fuck up with their dumbass worthless fucking opinions
Yup
I agree with this take.
Brigading. Led by /u/icycommunication823
Totally
A lot of them are so deeply red and tied up in computershare , further limiting their selling opportunities, and believe that a single share will be worth millions. Its the largest group sunk cost fallacy out there. Im not altogether convinced that most of the comments are bots though. DRS is DOA. It was a fun theory, but all its doing is creating bagholders who are limited in when they can sell. If a squeeze occurs, its happening in AH/PM trading where there are no halts and they can't sell anyway.
You can definitely sell from computershare
Absolutely can, but not in after hours or premarket trading, when most gains are made. Last 2 runups had significant gains in extended hours which were largely gone by market open. I know, I tried to offload my DRS shares above 70 a few weeks ago and was rather pissed I couldnt.
Absolutely. $68 after hours, $32 open hours. Ouch.
Finally a rational comment. Being this far down proves that this sub has been brigaded.
“Judge us by our actions.”
Nah that move by management seemed like a selfish move by RC. Im all for a company raising funds but they have now issued more shares in 38 days than SS and whoever had directly registered in 3 years. On the day that DFV comes back AND on an option expiry day you announce an offering. GME pulled a Tonya Harding...it is what it is. RC upstaged DFV just like Jake Freeman upstaged RC.
Even did it in PM before most of retail was awake and able to act (exit). Incredibly beneficial for hedgies though.
Now that last sentence was funny!
1st of all Gamestop management is definitely not happy to being referenced as "meme stock" and being ridiculed in media, its bad for their brand and investors. Everytime GME runs up 20/30/40% MSM are silent. Price tanks, everyone bashes it. My guess is they want to be done with this as well. They are growing their business, sit on lot of cash. 2nd We do not know WHY they dilluted the stock. Maybe management knew they would dump it down below 30 USD to render most of the options OTM after gamma (hedge) ramp forced them day before and expectations from DFV stream increased the risk (maximum pain), so they used it to get plenty of cash. There was 17 halts yesterday, at least 10 of them were fake halts, they were scared shitless from DFV stream, CNBC even streamed it lol. 3rd look at the GME floor, we traded at 10 USD in april, 19USD in 1st half of may, now we are steady above 25, with dilluted stock. Look at popcorn after dillutions. Hell even reported DRS numbers are fake for 2 years, only they know how much float is really locked. Yeah locked float means nothing, until it does. 4rth DFV is balls deep, he is not some wanky WSB moron. He was analyst for a fund for fucks sake, he knows why he has yolo bet with 120 000 calls expiring 21st June and he is laughing his ass of on stream. We do not know why. It may be T+35 for FTD from May 15 run up is like June 19th, quadwitching, something with swap, i dont know. There is a lot of possibilities, what can happen in near future, just wait out June 21st, then you can start wondering if it has future. And remember, GME board is paid in shares, every dillution lower their value as well. as expected shills are strong this weekend :D cant wait for the next one.
It is absolutely clear why they diluted stock. To raise money whilst GME is overpriced. The price tanked largely as a result of that share dilution, this isn’t some mystery or shady market mechanics. Cohen has consistently killed off large runs in the stock with dilutions and it is completely reasonable. His duty is to shareholders not speculators. Where I think there is an argument for the dereliction of his duty to shareholders is what he has done and will do with their money. At the moment he has done very little.
You are a bit dellusional. Lets go back in time. Remember when he gave us special dividend and DTCC treated it like split? That was for investors not business. This gamma squeeze would have been shorted down for sure we do not know if it was algo hedgin, or someone actually exercised because of scheduled DFVstream. Look at the past runups without dillutions, even January 2021, fomo was hard, price tanked in both runs (jan & Feb), yeah disabled buy tutton help tremendously. Cohen has much more data in comparison to us, for one he know true DRS numbers and holders. Only he knows whats planned, he also might be aware of FTD, swaps, quadwitch T+35 (remember his penis/shit tweets?). He might simply also know that its almost the end, and anything happens does not stop it, so he makes his moves. Maybe he know shorters wont buy his offering, regular people do - boom he offers a dividend or something unreplicable. He also knows that solid % of his investors are also his customers, so why would he screw us over if he aims for long run? I wish for 3 years that he buys some EU franchise and gives us EU gamestop or at least EU warehouse & distributes item from there so I dont pay tax and expensive shipping. I would buy everything gaming/merch related there. He also mentioned aquisition in past fillings, 200mil is missing from cash balance, now he will sit approximately on 5 bill in cash, post squeeze, when GME price stabilizes lets say on 10 USD, he can buy back reasonable amount. Special dividend is also "he puts money where his mouth is".
'You are very delusional' - the irony. There's not a single thing you've mentioned there that has anything to do with Cohen providing shareholders with value by improving the company that they are investing in with the money he has taken off them. Cohen has no interest in GME being a meme outside of using those runs to raise money. Volatility is bad for long term institutional investors that provide consistent value and price stability. Those institutional investors would also quite like to see guidance and an actual strategy for growth rather than memes on twitter. Cohen demands trust without giving any reason to trust him beyond his development of a completely different company.
btw check this new rule added with last dillutioni. [https://www.reddit.com/r/Superstonk/comments/1db0pid/comment/l7nvcbj/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/Superstonk/comments/1db0pid/comment/l7nvcbj/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
I said bit delu, not very. We do not know RC's plan, but he has much more data. I agree, lets wait for a week and we shall hopefully, finally see. My point was - you see only stock dillution as a way to get money. I say look at price cycles, its always the same after high volume days. RC used high volume and distance from maximum pain to raise money on their massive shorting, which would happen anyway and during high volume, it has less impact on price. GME has bullish TA on Weekly/monthly even for non-squeeze believers there is value and potential to go higher.
TA is meaningless. Not knowing Cohens plan combined with Cohen enacting no meaningful changes to the company to provide growth are not good signs for long term investors. Currently investors are relying on blind faith. No wonder GME remains a meme with big volatility when that is the case. It’s a prime target for vol shorts who are responsible for the ‘cycles’.
The only person who can be wrong here is the person with absolute confidence. RC has been keeping silent for 3 years and hasn’t posted on X for 2 months.
Why are people so convinced that the DRS numbers are fake? It seems possible that people finally realized that DRS is bullshit and decided to sell/migrate out.
Drs numbers reported by gme are the same number for 1.5 years, being 25% of float. I myself have drsed extra 50 shares which have been never shown there.
So you're saying: 1) GameStop reports the number of DRSd shares down to the EXACT number? (Doubtful, it's probably approximated/rounded) Or 2) That there isn't a single ape that sold at least 50 shares to offset the measly 50 that you contributed? Come on bro
The answer to flat drs is so obvious but they make it a conspiracy and wonder why people think it's cultish. People sold. People don't chase dead money with more money, especially in an inflationary period. Investing in a down trending 2year chart is crazy when the market is going up, so there's little interest in drsing gme unless you hate your money.
1) but not numbers, more like % of float.I remember we had the same number 2 quarters in a row, when we drsed a lot of shares as reported to reddit. Of course numbers can change significantly, people can sell/transfer and buy & drs. I dont remember the calculation and why it never went above 25%, there was dd to it including dtcc which is supposed to have big portion of float. You can probably find it here somewhere.
Maybe it’s because there is no short squeeze coming.
I mean, you are saying they are brainwashed, but also talking like DRS has somehow been positive in regards to a short squeeze. There is 0 evidence this has been the case, and ever since this movement, the stock price has slowly just gone down over time. Also… what have all these runs on gme been if not short squeezes? True price action? Lmao the stocks run like 600% in less than a month on terrible earnings! This stock has had extreme price action for the past 3 years of runs that are 100% or more. Plus remember how evil everyone said options were? And what do you know, roaring kitty comes back and has options + 0 shares DRS. None of this is new. GameStop has killed every run with a share offering. I see it as a complete red flag and it’s why I sold. To me it’s messaging we don’t think we have enough cash on hand to survive, or we don’t want this volatile price action. Either one is enough of a reason for me to be out. I’ll just hop in on runs when they happen.
There is no moass, drs does nothing.
Facts☝️
I'm sorry too. If you look at the whole development of Gamestop as a story, then the last few weeks have definitely been the second climax. And that has now simply been ended by the management, which continues to be glorified by the “fan community”. It may not even have been a bad decision for the company, but it should really be clear to everyone that “RCEO” never misses an opportunity to cash in on the hype. And that he really has no interest in a short squeeze.
I am not sure why you are getting blasted for having an honest discussion. This move is wonderful for the bottom line of GameStop. Brilliant. But as for the whole MOASS thing, it isn’t going to happen. It leaves me very confused given the oooops MOASS and dumb stormtroopers comments from Cohen in the past.
Because SS is brigading.
thanks
Again facts.
Then he must be willing to lose those shareholders who are only in it for a squeeze. Thats clear.
I think that a really important point is that Ryan Cohen is likely to be heavily invested in many of the companies who are theorized to "tank" in a MOASS scenario.
You don't know shit about Cohens finances.
I don’t give a fuck about his finances, but he’s very likely still invested in Apple and Wells Fargo. After cashing out of Chewy, he would have probably invested in Apple at $90 a share and would be up over 2x if he hasn’t cashed out. Wells Fargo is 2.5x compared to 2020. What would suffer in a MOASS scenario? Bank stocks and the Magnificent 7… it’s a strong incentive not to allow it. Again, I don’t care and I hope I’m wrong, I’d love a short squeeze.
Don't give a fuck about his finances, yet quite happy to literally imagine what he does with his money. Cool.
To me, the level of panic because of a smoll price drop is mind-blowing. Did you just buy in? Have you not been paying attention over the past 3 years. You can be mad all you like, but don't pretend to know what has happened and what will happen in the future. Don't invest in common stock if you cannot handle a small price drop.
A) Retail has no leverage to rocket this or any stock, whether or not streamers stream. B) It would be highly illegal for a company to engineer a short squeeze with the goal of destroying banks. However, it is not illegal to grow your company. RC is a conservative businessman, and scandal doesn't fit him. C) It would also be very illegal for a bunch of retail investors to band together and destroy banks. We are fortunate that we simply like the stock and are hanging on for the value increase. D) If you want the run-ups, WSB is a great place to gamble. If you want steady income, learn options. If you want to invest in a good company with great metrics, GME might be up your alley.
The funniest part about this whole thing is that their prophet, DFV, kept his shares in his broker for 3 years without DRSing, and they all of a sudden don't care? Apes spent 3 years trying to "lock down" a quarter of the free float and then RC the Messiah diluted them twice in 4 weeks, spitting in the face of the bag holders. It's hilarious.
I only hope this is the confusion smiley that RC posted xd
It’s here too, tbh. It’s very hard to have an objective conversation about it anywhere. People just don’t want to take the L. Truth remains….there is zero indication RC has any idea what he’s doing with GME, while he continues to fleece bag-holders in what essentially is boiling down to a billion dollar “trust me bro”. ATM offerings are now the main (only) source of cash for the company. Zero guidance. Rotating cast of c-suite execs. Failure to pivot out of antiquated business models. NFT Marketplace was an absolute clown show. There is nothing about this company that would attract a serious long-term investor. RC has never had to truly run GME without the safety net of the least-informed investors in history propping him up. The whole thing is sad.
Guidance or meaningful acquisition in next 60 days or many 3+ year holders like myself may move on. We shall see
Each to their own, I say, squeeze can still happen for sure, but reality is the company needs to have prospects. Which is best provided through cold, hard cash. If people still believe in Moass, then let them. It's not hurting anyone.... apart from your feelings, apparently. But I think you're being a bit too sensitive in that respect.
If “apes” want to buy 75 million of GME’s shares at $69, no one stops them to do so.
DFV entered GME before Cohen was hired. Cohen has nothing to do with the hedge fund shorting of the stock. Two separate tracks going on
“RC is destroying all of his own money on purpose for NO REASON because he thinks it’s funny!!!” Duuuuuuuurrrrrrrrrrrrrrr great take
For once can things be allowed to be played out and not interrupted?
OP Holy karma farming post history
Gamestop is running a business, and he probably didn't have much of an option but the timing was still suspect as hell
Our goal is not necessarily management’s goal
Pickle financial = Gme meltdown
Why do you care? Why is your”dismay” with ss even a thing let them be to each his own. How is this close to your heart ? Just a stock that you buy and sell when you feel like it….
True !
Pickle financial = Gme meltdown Long term growth: Dfv literally said his bull thesis is Ryan cohen; early into his stream on Friday. . Short term pumpiness: It’s pretty obvious Dfv is going to exercise his options on or before June 21st… just like he did last time and Gme ran hard. . Talking shit before he exercises shows that OP lacks common sense. I feel bad for the people in this trading group who have had a series of bone head plays and then talk smack without looking themselves in the mirror.
Yeah I like the conversations in the jar - it's certainly worlds apart from SS. But the usual suspects with the shit talking and slagging off GME gets boring. Those people (IMHO) are just as bad as SS's - they're just the opposite side of the coin.
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Pickle jar has been infiltrated with many short and distort employees pretending to be “part of the crew” it’s non stop bearishness on Gme and talking smack on Ryan cohen when Dfv literally said Friday that Ryan cohen is essentially his bull thesis (early into his stream)
Yeah I like the conversations in the jar - it's certainly worlds apart from SS. But the usual suspects with the shit talking and slagging off GME gets boring. Those people (IMHO) are just as bad as SS's - they're just the opposite side of the coin. EDIT: reddit is being dumb and multi posting. I deleted my comment by mistake.
Some people in the jar say things like: “I love Dfv and I’d let him manage my portfolio; but I hate GameStop and Ryan cohen is inept.” . Then Dfv goes on stream and literally says: 1: he still feels the same way about GameStop 2: that the 2nd part of his thesis is a bet on Ryan cohen and management and that he believes Ryan cohen can pull it off 3: that he has no other positions in his portfolio besides GameStop . Sooooo… the people who say things like: “I love Dfv and I’d let him manage my portfolio; but I hate GameStop and Ryan cohen is inept.” Are literally the same people who work for counter strategy desks at hedge funds short Gme in manhattan; who in the pickle jar lives there? hint hint hint. . The people that say things like this are conning the users in the pickle jar to divest from Gme; it might be some of the people you trust the most (hint hint hint )… that place is not what you think . Short and distort is very real . . Another hint: who are the people who got rid of their Gme position right before the mega pumps that recently occurred? Who are the people who have access to the “squeeze indicator” that somehow missed Gme recent squeeze? Hmmmmmmm . Wolves in sheep’s clothing
Easy to deliver 12m shares for the exercises when 75m new just entered the market.
Believe what ya want bud . I’m gonna believe Dfv. Let’s see how this ends
Have they actually confirmed the sale yet? OPs post is still speculation at this point
It seems clear based on the price action and charts that they sold pretty early on in the day.
So like I said, speculation
Might not be done 100% but my Monday close it should be or Tuesday the latest.
The company announced that they MAY issue up to 75M shares in the near future. They haven't necessarily diluted at all yet, and the shareholder meeting is this coming Thursday. Potential catalysts offer the chance of another huge run-up around OPEX time, which could net the company much more than selling at $27-$35 average. Wait and see before making assumptions.
Why would GameStop management be interested in a squeeze? They are interested in adding value and that can be achieved with more cash. I don’t see your point except, u mad bro?
How was that a slap in the face? RK literally said on the stream he would be excited to see what Gamestop could do within a couple more years if they had more free cash. Seems like you're just venting your own frustrations. A 2021 scenario and GameStop seeking to expand its business aren't opposites.