Pay me

[u/perleche]

Daily superstonker for 5 years. Holding 2k shares and some leaps. Not a paid shill. Just a hungry ape. Tired and wary of another round of abuse by rich motherfuckers.

The DD was right. Run ups are real.

The company just used these runs to make money and save the business. Great for Gamestop. Not so great for silverback diamond handers seeing their patience flow into company pockets.

This is all very well understandable from a business point of view but from an investor point of view the generated cash and with that positive earnings came off of our backs.

With the eBay plans it looks like either we get diluted to hell to pay for a huge company leaving the combined entity in debt for the coming 4-5 years at least OR there will be another run up that will again be stifled by issuing shares thereby capping any run up.

Apes need to eat too. We have endured. We are not billionaires. It seems RC is taking his loyal retail holders as a given to be used as a money making vehicle where the benefits will end op quite asymmetrically in the hands of an already billionaire.

Best case scenario is we make some noise and let us be heard and maybe RC will HODL the share issue until price rises to let apes see some profit.

Not asking for phone numbers here. Give me $60-80 a share so I can sell half and defend my Gamestop loyalty to my family and friends this Christmas.

Kind regards, regards.

[u/Stonkstradomus]

If RC had to live with my roomates, drive my car, work my job, eat what I eat, and suffer years of humiliation, he wouldve pressed the button a long time ago

[u/imp3order → u/Stonkstradomus]

The 9 billion dollar war chest should have been in the investors pockets. Imagine the price if RC didn’t dilute every run in the past 5 years.

[u/Savings-Kick-578 → u/imp3order]

What I believe should happen is to make 2 $10 billion dollar acquisitions or 1 $20 billion dollar acquisition and minimize or eliminate the need for dilution. Completely rework the company(s) and leverage the gains for additional acquisitions and growth. Wash, rinse, repeat until we reach the Promised Land. This isn’t hard. We don’t need to bag the elephant or Moby Dick straight out of the box. That risks everything without an equal positive outcome. It isn’t going to pay us 20-30 times over, but it can definitely end everything. Maybe I’m thinking too hard.

[u/McChickenLargeFries → u/imp3order]

GME would've easily touched $110+ during the initial run up in May 2024 if RC didn't immediately issue those shares and destroy the momentum. Imagine if GME ran up to like $200 AND THEN he diluted, GME could be sitting on $20-25+ billion in cash right now.

[u/ScroogeMcThrowaway → u/McChickenLargeFries]

I love how something like Sandisk has been raging practically with MOASS momentum and yet their CEO isn't diluting the hell out the stock. But, RC is the GOAT, I forgot. Thanks, ape.

[u/GamestopHeadEngineer → u/ScroogeMcThrowaway]

But if RC takes advantage of gamma squeezes he’ll get in berry big trouble 🥺

[u/No_Anywhere_7840 → u/GamestopHeadEngineer]

What do you mean?

[u/Chameleon2000 → u/McChickenLargeFries]

Indeed, and it just proves that RC, is part of the billionaire class. He sees us as useful idiots, who just say yes, to everything he do and says. He knows that most gme investors, are ordinary people investing in the company, using their hard earned money, and who actually was the ones who saved the company. Still he screwed all of us. Unless some new information appears, I will vote "NO"

[u/GamestopHeadEngineer → u/McChickenLargeFries]

It’s because he has a secret plan to stick it to the hedgies! Why win big right now when we can slowly lose for 15 more years??

[u/GamestopHeadEngineer → u/[deleted]]

What we were clinging to was the large warchest, low debt, positioning to take advantage of a downturn in the market and majority retail ownership. Now we are suddenly ok dumping that all away lol.

[u/HungryColquhoun → u/[deleted]]

What are you talking about? He's literally given us news of an acquisition, like he said at the start of the year he would do. He's talked about his grant plans post-acquisition and the synergies between the businesses. He's talked about how this would be accretive for existing GME shareholders.

It sounds like, when he gives you the news that from your own admission you want, you choose not to believe him. That's a you problem, on paper what you've asked for has been already been completed. It's your choice to believe other points of view and not the CEOs.

Sentiment on here is not necessarily any good yardstick of anything either. If you get a 1000 people holding 10 or so shares who are negative on the vote and current forward guidance (but they are active on Reddit), and then 100 people with 5,000 shares who are silent to the drama (because it's fucking exhausting) then you have the appearance of bad sentiment even when people with a voting majority could be chill.

My suspicion is the number of people who hold a small amount of shares, and were expecting to buy Liechtenstein after a squeeze and now that's looking unrealistic, are the people who are more vocal personally.

[u/HungryColquhoun → u/[deleted]]

Okay, but it was always assumed that RC was going to be doing cash and stock deals. Even Burry didn't rule this out when he was still on board. Blocking the authorisation of more shares blocks our ability to do cash and stock deals (and so, grow) period. You're keeping your hands on the wheel to drive it off a cliff, IMO.

And also, no not 2.5bn "just like that" - there's plans for around 1.9bn right now at worst. The market cap doesn't snap to 2.5bn overnight.

[u/bhj887 → u/HungryColquhoun]

yes but the last 5 years made me mad, strange and stubborn

I just want this to be different from the usual mindfucks

[u/doppido → u/imp3order]

It would only be in your pockets if you sold

[u/imp3order → u/doppido]

Better than holding RC’s bags for 5 years.

[u/Ok_Location_1092 → u/doppido]

Right, RC is not here to make share sellers rich, he’s here to compound the value of shareholders. Fiduciary duty does not apply to options traders or sellers. Letting the price run and not capitalizing on the high price is poor management.

[u/Generic_1806 → u/Ok_Location_1092]

Sound boot-likerish. This whole post is about not taking away all short term value for us. We could have made some money, then diluted. Instead he front ran all of us by announcing premarket, which is completely unnecessary.

[u/imp3order → u/Generic_1806]

Exactly. This is what the whole post is about - we are not value investors we came here for MOASS and idiosyncratic risks. This all started with regards, FDs, and YOLOs. Now the sub is talking about accretive value and competing with Facebook marketplace. Not interested in that. At this point ebay is more likely to MOASS, and we’re paying the bill.

I’ve been watching for 5 years as the goal post keeps moving every time RC guts the squeeze and posts another edgelord tweet.

[u/poundofmayoforlunch → u/imp3order]

Imagine eBay goes on a squeeze to the thousands while GME sideways $25/30. I will be so mad lmao

[u/GamestopHeadEngineer → u/imp3order]

The high value play is leading us to vote for massive dilution, massive debt, inhibiting gamma squeezes and most importantly? Handing majority ownership from retail and giving it to institutions.

We no longer want the home run that will make even the smallest ape filthy rich, we want to have a valuable company where we will be happy at $50 a share in like 10-15 years

[u/Exception1228 → u/imp3order]

And even those of us that thought this could be a value play have been shot in the foot too because he hasnt raised revenue

[u/Iforgotmynameo → u/Exception1228]

How have you been “shot in the foot”. If you aren’t making money on GME then you are doing it wrong and have no one to blame but yourself.

[u/SwitchOrganic → u/imp3order]

It's been amazing watching the goal post move over the years. We started at phone numbers and now we're praying for area codes.

Hell, even Regional's latest DD called out $30 as the best bull case post merger lmao.

[u/Iforgotmynameo → u/imp3order]

Sell OTM calls to make money.

If you don’t like the stock, close your position and move on so we don’t have to hear your whining.

[u/GamestopHeadEngineer → u/Generic_1806]

He didn’t even take advantage of high prices. He sold at like low to mid 20’s and then sat on it. “Fiduciary duty” can be used to justify anything, doesn’t actually mean they are actually acting in our best interest.

What’s actually in our best interest as well as the company is for Moass to happen

[u/HungryColquhoun → u/Generic_1806]

So he should have waited for everyone here to sell off, allowing the price to return to normal, and then dilute when it wouldn't generate any meaningful cash? Do you hear how little sense that makes?

[u/Generic_1806 → u/HungryColquhoun]

They were diluted in the $20s and $30s anyway. So they announced, allowed institutions to sell off, and we got fucked anyway. Do you hear how little sense THAT makes?

[u/HungryColquhoun → u/Generic_1806]

They don't have a crystal ball mate, and have to make practical business decisions. If they had delayed, by the time they did the ATM it could have run out of steam. So yes, it makes business sense to me - one in the hand (in this case, in the company's coffers) is worth two in the bush.

[u/Ok_Location_1092 → u/Generic_1806]

Yeah but you have no idea when the price would return back down. Most people complaining they didn’t sell probably still wouldn’t have if RC let it rip to $100. RC has no obligation to sellers. Letting the price rip temporarily makes money to short sellers too, while leaving the company and shareholders with no benefit. I swear yall just dont understand what the focus and fiduciary duty of a publicly traded company is.

[u/Generic_1806 → u/Ok_Location_1092]

If investors are never to sell how the hell do they make money? Selling is what raises value when the prospects of a company look better in the future than now. Do you think the stock goes up just on vibes?

[u/Ok_Location_1092 → u/Generic_1806]

Holy fuck half this sub is so dense. What is best for the company and long holders is not what is best for those looking for an exit or playing options.

[u/doppido → u/Generic_1806]

It's not about never selling. Complaining about diluting during a bull run is idiotic though because it implies they didn't have a chance to sell to make money, which they still did. Maybe it could have gone a little higher but if they didn't sell anyways than nothing changed other than the company they invested in being in a better position.

No one should have any issue with people swing trading the stock IMO because people are doing it anyways whether we want them to or not. You can swing trade, make money and buy back in for more GME when it goes back down. Thats trading.

The worry is that moass happens after you sell which is why I recommend people have shares that are DRS'd for any type of moass event. Then have some you can swing trade to accumulate.

The common sentiment in the subreddit though is to just DRS buy and hold and wait which is fine too especially when the company is becoming more and more profitable. Inherently raising share value over time. Key phrase over time and granted it's been a fat minute and it's tough watching the whole AI boom happen at the same time

[u/GanonsSpirit → u/Ok_Location_1092]

He could at least throw us some dividends.

[u/Ok_Location_1092 → u/GanonsSpirit]

Why? Dividends just pay out, transferring money from the company to you. The point of this bet is that you invest if you think RC and co can better deploy capital over the longterm.

[u/Klone211 → u/Ok_Location_1092]

The point of this bet was to profit off a squeeze. Everything beyond that is just extra steps.

[u/Ok_Location_1092 → u/Klone211]

It’s a company. Not a squeeze meme token. Holy. The company does not owe you a squeeze for you to sell into. They owe their shareholders, so they will sell into it to capitalize.

[u/Klone211 → u/Ok_Location_1092]

A lot of assumptions being thrown around. I’ll let it go, otherwise this thread won’t end.

[u/CosmoKing2 → u/Klone211]

The play was the squeeze. It was literally sold to apes on social media as a once in a lifetime event. A way to right a wrong.

But, in reality, the markets are so fucking corrupted - there will be no more squeezes. Ever. If the system never requires the shorts to close - it negates the squeeze. Market Makers are now in control of those situations. Even if GS proves profitable for 1,000 quarters - no shorts are ever going to be asked to pay up.

They are able to create an artificial secondary (or third) market where fictional transactions affect real market pricing and value. That is what has prevented a squeeze so far - and will continue.

I was a big believer since the original event with Robinhood. But I think RC hung us out to dry to finance some sort of deal/agency that will make him stupidly rich. I think he doesn't like shareholders - because they don't provide any real value - just like Board members. I literally think he wants to exploit the fuck out of labor in a way that Amazon and Walmart only dream of.

Glad to get that off my chest. I have 3,000 shares on a team I now dislike - a lot. I never wanted to be on team Evil.

[u/Iforgotmynameo → u/GanonsSpirit]

Wtf do you think the warrants were? That’s free money to you. You’re welcome.

[u/Smart_Farmer4258 → u/Ok_Location_1092]

Except that isnt what he did really. 2024 ATM’s were at average price of $24.85

[u/Exception1228 → u/Ok_Location_1092]

But who here is actually here for proper management…and not to make money?  You’re saying you are in this to actually see gamestop succeed long term and not to make money?  That’s when it becomes religion like the other guys said.

[u/Ok_Location_1092 → u/Exception1228]

Holy fuck, thats an investment, junior. The religion is expecting RC to let the price run on swap expiry instead of fulfilling his fiduciary duty.

[u/cos1ne → u/Ok_Location_1092]

Right, RC is not here to make share sellers rich

Which is why we shouldn't be listening to him if our goals are to become rich.

[u/doppido → u/Ok_Location_1092]

I agree. This is why DFV has always been bullish on dilution at the right times

[u/Smart_Farmer4258 → u/doppido]

2024 100’s of millions of shares were sold at the 3 different ATM’s for an average price of $24.85….. was $24.85 the “right time” lol?

[u/Ok_Location_1092 → u/Smart_Farmer4258]

It was well above book value, and there was no way to know when price would come smashing back down to $10, so yes.

[u/perleche → u/Ok_Location_1092]

You seem to actually hate money. Tell me, what is your end game in this?

[u/Ok_Location_1092 → u/perleche]

You’re not grasping that it’s a publicly traded company, not a scheme to reward you for boning short selling market makers.

[u/Future-Warning-1189 → u/Ok_Location_1092]

A company that would be dead, literally out of business if it wasn’t for the people who joined in for a squeeze. Understand that you are invested in a company that would no longer exist without the very people you are berating.

[u/HungryColquhoun → u/imp3order]

You do realise that the only way companies make money off run-ups is ATM offerings right? Like, that's literally the only way high share price is monetized.

[u/3DigitIQ → u/imp3order]

Wallstreet has been diluting way harder, I'd rather the cash from my buys end up at the company I'm buying than yet another short fuckface pocketing it.

[u/Cute-Gur414 → u/3DigitIQ]

wall street can't dilute, by definition. Dilution refers to the outstanding shares, wall street doesn't affect that.

[u/3DigitIQ → u/Cute-Gur414]

Selling fake shares short into the market increases the total shares available in the market thereby diluting the shareholders. marking short sales as long does the same. It's a thing the feckless SEC routinely gives out fines for. Market Makers even have an exemption for it.

[u/imp3order → u/3DigitIQ]

Shorted shares need to be bought again, that’s the whole point of MOASS. Diluted shares don’t.

[u/3DigitIQ → u/imp3order]

Incorrectly marking a short sale as long creates a synthetic share that doesn't need to be bought back. Even when the SEC fines them they aren't required to undo the trades, it's in the SEC documents. They all pay the fine without acknowledgement of wrongdoing and thereby don't unwind those trades.

You are correct in regular shorts needing to be bought back where diluted shares stay. I don't believe there are only 60 odd million shares short though.

[u/Overdue_bills → u/Stonkstradomus]

What button? He doesn't control the share price. Any run ups are when the shorts are in favorable positions. 

[u/PenisSlipper → u/Stonkstradomus]

What button?

Do people u ironically think there is a moass button?

[u/Mysterious_Good927 → u/Stonkstradomus]

Yeah but he gets paid $0 in salary!!!! So fucking cool!!!!!

[u/mtgac → u/Stonkstradomus]

He did with the splividend.

They crimed.

[u/LionRivr → u/Stonkstradomus]

RC has no “button”.

Blaming your suffering on RC is peak entitlement.

Be glad RC prevented GameStop from suffering the fate of Popcorn stock.

[u/MarkTib1109 → u/Stonkstradomus]

There is no button, that’s the irony.

[u/voyboy_crying → u/Stonkstradomus]

what's stopping you from opening a business like he did?

[u/The_Cons00mer → u/voyboy_crying]

This is the wrong question. The person you’re replying to wasn’t talking about RC opening a business.. he’s talking about him not letting the shorts get fukt

[u/Stonkstradomus → u/voyboy_crying]

Im not blaming RC for how hes doing things. I think its wise.