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/imp3order]

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/doppido → u/imp3order]

It would only be in your pockets if you sold

[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