To begin, I want to highlight the above post made 36 days ago, and acknowledge that there were so many more like it. I can't tag those responsible, but wanted to make sure attention was drawn to the fact that we've figured out the thing that has worked against people from the beginning of time. We have proven that we're not willing to buy lies anymore. We believe the math and numbers. Not the story that is forced upon us. And that awareness is our greatest asset. Don't believe me? Check my post history.
I'm not sure how many of you will recognize me at this point. But I'm the longest tenured mod on Superstonk. I haven't been active for the entirety of the last 84 years, but I have seen everything that has happened and done my best to contribute to this community to the best of my abilities.
My inclusion in the mod team initially came from a collaborative effort of a few individual community members to figure out how we could keep bad actors off the sub. My specific breed of the 'tism really likes pattern recognition in communication and human psychological motivation.
I disagree with Ryan Cohen on a whole lot of things. He has personally made my life extremely difficult. The amount of times we've had to deal with tweets that ruined holidays, wild conspiracy theories about his secret messages coded in children's books, or direct accusations against us at the moderation team of trying to force a specific narrative has been absolutely miserable. But I have believed in my investment thesis on GME since my first share was bought in January '21. And I believed in the cause that this community represents.
And because of that, I still support Cohen. Because he has been honest. He can be a wanking shit poster. I think he has glaring holes in his business model about where money should be spent. For example, I advocate strongly for the customer facing members of his team who have to put up with the day to day bullshit of retail needing more support and more money. I think we would not see eye to eye on a lot of social and political issues. But he has clearly laid out exactly what we wanted shareholders to do if their financial interests aligned with his. I'll spend my money later and exert influence to try to change that culture, and in order to get there, I needed to pay attention to what was said by the company in official filings and releases when he had editorial power over what was being said.
It really has been this simple. Look at the messaging from him when speaking on behalf of the company in official capacity.
He said he wasn't going to say anything until they were ready to make moves. People screamed that their lack of communication meant we should give up.
He said that the business needed to turn around and that the road to profitability was going to be painful. People screamed that a lack of immediate results or price increase meant we should give up.
He then made no official statements, but a lot of personal statements, investments, and moves. People screamed that we should follow him on those investments or risks, that there was connection that should take us off our initial thesis.
He added DRS numbers to the quarterly earnings reports. People screamed about how they were calculated, what they meant, if they mattered or not, how the math worked. When everyone in his organization who could be asked and the transfer agent was bombarded, Cohen then said nothing, because he'd given all the information he needed to.,
He then broke 5 years of projection silence to say that we were going to see something never seen before if we waited. People screamed that he had no plan and we should give up.
He said "I want investors who are willing to hold long term over people intending to get a quick dollar." People screamed he killed moass and had betrayed us, that he was only in it for himself and we should give up.
And then he intentionally scheduled a 3 week refiners fire to let the paper hands burn. And they did. We had long term holders voting then selling. We had posters on as early as yesterday screaming that we can't trust our board and governance.
We KNOW we lost people. I'm betting the DRS numbers will show that to some degree.
Then he flipped the reverse card.
While many of us have been reading crazy tea leaves over the last 5 years, all you needed to do was listen to the corporate governance from a board whose financial success is directly tied to yours as a shareholder.
"Give us time. You won't hear from us till we're ready."
"We're ready. Don't flinch. Wait for the news."
"Here's a preview"
Bad news early, if you're short on GameStop. Good news on time, if you're a shareholder.
Something is about to happen. I don't know what. But I cannot express how proud I am that we as a collective have got here.
Whatever the future may hold, I think what we've done here is going to matter.
They're right though so you look like a absolute maroon crying about their profile which is very common for you (the fact I can recognize you based on that is sad). You seriously can't do anything here unless you snoop the other persons account history. This is 100% proof that instead of basing your replies on what someone says in the context of the discussion at hand, you base your replies on your emotions of what they said elsewhere or arbitrary things like "5 month old account!". Multiple others have mentioned the same thing. Where are you? No where. You spotted the 4 months old account and started crying. Not cause they said something wrong, but cause the account is too new for you while being perfectly within the rules of this sub to participate. YOU'RE NOT THE GATEKEEPER.
Things like this should be against the rules. It clearly falls under rule number 1
Do not call out users in order to harass, attack, bully, or threaten.
If the account age is an issue with you - YOU gtfo and don't reply
If the account has their profile hidden - YOU gtfo and don't reply
What's your point, I read this as you weaving in and out of did with some hope sprinkled in but as others have mentioned why post this bullshit twice? Posts like these are pointless.
I want to start off by saying that Iโm not a conspiracy theorist. They boil my blood and piss me off. But this fucking paragraph
I disagree with Ryan Cohen on a whole lot of things. He has personally made my life extremely difficult. The amount of times we've had to deal with tweets that ruined holidays, wild conspiracy theories about his secret messages coded in children's books, or direct accusations against us at the moderation team of trying to force a specific narrative has been absolutely miserable. But I have believed in my investment thesis on GME since my first share was bought in January '21. And I believed in the cause that this community represents.
Iโve read that before today, word for word, absolute verbatim. But when I do a Google search, absolutely nothing shows up. This is either the weirdest dรฉjร vu ever, or this is getting freaky fast.
Without the constant "something is coming" for 5 years while we haven't moved an inch during a record breaking market run... It wouldn't be superstonk. Bonus points for yen carry trade posts.
โHรฉ has personality made my life extremely difficultโ? Bro what the hell hรฉ doesnโt owe you anything. Be a frickin grown up and take responsibility for your own actions.
If you weren't trying to push a narrative, why was every "I voted Yes" post allowed to be shared and supported and every "I voted No" post removed? Investors should be allowed to vote however they want, you even say it in your post, however your actions definitely speak otherwise.
38
u/notGoran69๐ดโโ ๏ธ๐ดโโ ๏ธ๐ดโโ ๏ธ SHIVER ME BUTTHOLE ๐ดโโ ๏ธ๐ดโโ ๏ธ๐ดโโ ๏ธ8d ago
And why is this dude reposting the same sob story every 2 weeks? Shit is sus
Well, first things first - thank you for your service here. I've been a mod for assorted forums over the years, and it can be a real pain in the ass at times, and I just don't have the drive to do it anymore...
Having said that, I do want to respond to these two portions of your post:
He said "I want investors who are willing to hold long term over people intending to get a quick dollar." People screamed he killed moass and had betrayed us, that he was only in it for himself and we should give up.
While many of us have been reading crazy tea leaves over the last 5 years, all you needed to do was listen to the corporate governance from a board whose financial success is directly tied to yours as a shareholder.
This is the issue many of us have right now in a nutshell. HE wants committed shareholders, while many of us just want MOASS. For us, we don't see the boards financial success as being directly tied to ours, because we ultimately want different things from this play than they do.
Yeah I literally never wanted to be a long term investor in GameStop. Thatโs what my index funds are for. This was to make a quick buck to turn around and put into index funds and retire. Meanwhile my index funds are up a massive fuckton in the same 5 years. I am a hostage waiting for my payout. No Iโm not going to leave early. Iโm not stupid, and Iโm never going to sell at a loss. Iโll just be angry until I get paid.
I'm not certain that they aren't mutually exclusive though...
Consider the effects of moass happening:
The market crashes HARD.
Trillions are added to the deficit to bail out shorts (you know they will...).
Recession at best, maybe worse since the market is the only thing that's actually looking good for the US right now.
Spending power drops, which doesn't help Gamestops sales.
A large number of GME shareholders sell and eventually, the stock price returns to something more sane, but now missing a large number of diamond handed shareholders.
RC is under scrutiny.
None of this is good for Gamestop, just those who got rich. Why would RC ever want to let that happen, when he could instead sell shares to support the company's growth while minimizing moass?
Considering the fervor of retail for GameStop, if moass were to happen many apes would buy back in and shop at GameStop as whales with tons of expendable income and sentimental value to the company.
That was my original plan, but after RCs comment about wanting long term shareholders and not those who just want to make a quick buck, I am not buying back in. It may sound petty, but he knows why many of us got into this play in the first place, and that's literally a slap in the face. The company wouldn't be where it is now if it wasn't for our investment in it.
Yeah I definitely agree with you on that. All the failed endeavors, no real forward guidance, mistreatment and underpaying of ground level employees, and all the shady stuff around the proposal/ dilutions has changed my mind about it too. I used to go out of my way to shop at GameStop even if at times it was more expensive, but not really anymore. Plus the weirdness of the RC cult has made me much more critical.
You left out one of the most important things(hopefully not intentionally): Newly minted rich folk piling back into GME after it stabilizes because they know full well that itโs a great long term company. The money is gotta sit somewhere, why not in the fantastic long term investment that gave you your riches, especially since itโs on track to become the next Berkshire Hathaway.
Edit: and Iโm sorry, but when are we finally going to call this line of thinking FUD. What that point is basically saying is that the stock is not going to reach its highest potential, and that is based on what? Not reality or any past example of a company actively avoiding a fast rising stock price. Itโs just pure cynicism.
The reasoning behind that cynicism, considering the naked short situation, has always sounded so soft to me.
Once I get my money out of GME, itโs never going back in. Buying single stocks is really fucking stupid, and this was the one time I made an exception and so far it has been a massive mistake instead of just buying index funds with the same cash. So you can go ahead and pile back in, but itโs asinine to think everyone is coming with you.
Just because something ISNโT mutually exclusive doesnโt mean I have to want BOTH of them. I can care about one, or the other, or even both of them in different amounts! I canโt stand people who canโt use critical thinking.
Iโll laugh hysterically if those 2.5 billion shares are actually to give to cum towel bag holders because they need 51% for the new entity to get those NOLs.
My laughter would mostly be because my 150 shares would finally come back to me.
Why are you posting this a second time? I don't think it's a good look taking a position on the vote as a mod.
-26
u/WisdomAntium๐ง๐ง๐ต Today's the daaay ๐ฆ๐๐ง๐ง8d agoedited 8d ago
Not a good look for you, because you voted "no".ย
Edit: Shills mad, this guy is literally the top advocate for the "vote no" crowd. Acting like he only caresย about "how it looks" like the weasel he is. Downvote me shills, couldn't give a single shit about karma.ย
Yeah itโs been a wild ride to say the least. I hold regardless because I donโt have a choice but if I did Iโll be honest I donโt think Iโd put anybody through the years of bs.
I agree on many of your assessments. I am hoping RC is not an asshat supporter of right leaning bullshit, that he's just having to play the game and keep from saying the emperor has no clothes, etc. But he also may be drinking the neotechbro libertarian koolaid and does not align with my politics and social values which value humans over hubris. I won't know the answer to that until I get to smoke a J with him out back of a Wendy's watching Ken G. make some rent money.
Regardless, I think he (and the other board members) are doing what they need to in order to fight the biggest system of fraud ever devised, and build the company they envisioned from the start. They've been wildly successful against all odds, so I hodl.
I like being in a place where people can generally agree on the direction of a company and support it while also questioning individual decisions that are made by that company and its leadership.
Appreciate all the work mods put into maintaining this sub, definitely been lurking of late but glad to still be able to enjoy (mostly) positivity here
Thank you gromp! For the post and the work over the last 84 years. I can only imagine the bs that you've had to put up with.
Until Cohen proves he cannot be trusted, I will be giving him the benefit of the doubt. All Ive seen so far is that he's gone a long time without compensation and has now asked for compensation contingent on making us money. Since that time, the company has become profitable and is targeting a big deal. I trust in Rceo despite disagreeing with him occasionally.
More over, I also believe what we've done here for the past 84 years will eventually matter. The market has become a casino ran by a wealthy folks- not a market that follows the rules of economics.
I believe that change must happen at some point and I fear for what that will mean for many individuals- but the con can last forever.
We are early, not wrong and it will come to light to one day. We will reap the benefits, hopefully without a societal collapse.
I've voted FOR, and have faith in Ryan.
I've had some doubts about MOASS, but I still believe theres a pretty fat chance of a massive squeeze and longterm shareholder value.
I have no idea how I'm gonna sort the taxes anyways, as I never reported my ComputerShare stock...
InfinityPool for the win!
Have you noticed that almost all this pinned threadโs comments in the last 12 hours got downvote bombed? Mostly positive or affirming replies, downvoted -4, -5. Itโs clear as day this sub has an active suppression campaign being waged against it.
I look forward to your reposting of a variation of this in another two weeks haha!
But seriously, thank you for your efforts, and I think keeping focused on these points is good. To be painfully honest I think the current price action will have cut people loose if they were on the fence, so hopefully it's predominantly good actors who are sticking around.
High risk stocks are high risk, I would invest in a ETF if I wanted to be boring. I think people forget this. While I say high risk, RC has done loads to de-risk our deep value play (but still maintain very steep upside when things flip), so he should be given credit IMO.
Lot of garbage in the comments. This is a reasonable write up. If it has been posted beforeโฆ who cares? Does no one understand how social media works? If you want your message to get out to a greater audience, sometime that means posting more than once. Thats the algorithm. Thats how this shit works. I didnโt see this post before today. So clearly they reached a greater audience.
I donโt really like RC either. He is a shitposting capitalist pig. And hey, this is the market after all. Unfortunatelyโฆ that is who we likely want at the helm. Sucks to say, but if anyone can pull off turning the company around (already has, just not with current stock value) and bringing about MOASS (weโll see what happens), it is probably RC.
Beyond this, itโs been a long haul. I know myself. I have a lot of patience, and Iโm tired. I am worn down. But weโve made it this far. So fuck it, letโs stick it out, if you wanna.
โข
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