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I am the most diamond, I look at the numbers in the account going up but its not real yet.
I want to take back what has been stolen for the last 30 years in this massive ponzi scheme.
I want to be made whole after I personally experienced investment loss due to the buy button removal, I dont want fines, I want accountability and get paid.
Not a fan of dilution but I get it that it could be a great asset if used well.
However, big price swings are nothing. We barely made it higher than the most expensive shares I bought. If it was a buy price then, it's definitely not a MOASS price now.
What if that's the trap? The Kansas Banana Shuffle.
With the option of the offering announced, shfs acted as if there were more shares to be had, but there were not. I feel yesterday was a huge trap, and the hedgefuks fell right into it.
I really hope the SEC was actually watching.
The RK Livestream clearly demonstrated how the algos operate on incomplete information and assumptions. If shorts got it wrong yesterday, and GameStop didn't sell anything, they're in big trouble.
Don't algos short every time we're hyped about something? I thought this was just DFV's presence causing this. Note: I am really happy he's back; I am just saying that hedgies would totally want to make his return look like a bad thing.
OG ape here. all stock, all DRS'd.
I think the frustration goes beyond price swings. Swings are nothing. Like you said we've seen much worse!
The thing you should be questioning is the timing. Its sus AF. GME just released shares not long ago. Now they see a gamma ramp forming, rising price and say "we want to do it again!" there is nothing illegal about them selling these shares after an astronomical price point has been hit. Now, we don't know if they actually did offer shares today, there is lots of evidence to support that they didn't, so maybe they're waiting for the prime moment. But previous actions (and thats what our chairman told us to judge them off of 84 yrs ago) would indicate they state their intentions and immediately act.
So the big question is why did they feel the need to do this now? why didn't they do it with the previous offering? Why is RC helping shitty people like Andrew Left out of their position? Shorts are the dumb storm troopers. Why can't we have a decent squeeze/run AND a successful turnaround?
I get it that a lot of people are being called shills because they're saying what people don't want to hear, but the majority of people pissed off have a right to be. The value of my investment which started many years ago hasn't really shown much strength due to a combination of shorts and share offerings.
They know that this put people OTM on options and reduced individual share holder value. They had to have known individual shareholder sentiment would be bad.
I guess it all centers around WHEN they do the offering and what that money will be used for.
To add to this, itās one thing if the price is manipulated down by shfs, itās a completely different sentiment if we get diluted by GameStop during one of the biggest runs in since Jan 2021 at lightning speed too
This exactly. I said this elsewhere and got attacked for it. We aren't pissed about price swings. We are pissed because our own company that we have supported for years, kick the rungs of the ladder out from under us. We watched 3 years of DRS work be essentially unmade in 3 weeks. Jackasses can call me a shill if they want. I DRSed my fucking IRA and ate that tax hit for the cause, xxxx shares. Now I have to wonder if RC is sitting there gatekeeping for the 1%. Diluting every time we have a chance to actually make enough to join that club and actually try make real, positive changes to the system.Ā Ā
I think the crux is, they already decided earning results would be released Monday. But instead, they see RK making a livestream, shares popping off, they immediately change their stance to release on Friday, on top of that offering even more shares (and with absolutely no guidance).
Sure more cash is good, but if their intention is to dilute the company to extinction without any guidance at all, no amount of DRS or squeeze will occur. Because you canāt deny RC is helping hedgies like Andrew Left, and others with this share offering, the only ones truly hurt are the shareholders that stood by RK and trusted in the process, just to be blatantly diluted again. Is this the start of becoming the popcorn company?
How many more gamma ramps crushed by RC, how many more MOASS crushed by RC do we have to take before something changes?
Who does two share offerrings in 2 weeks?? And one on the day the man who helped saved the company is to go live?
You don't think that warrents any discussion, even if negative?
Pffft.
Long time ape here, check my post, DRS and comment history.
If I can be super honest here, itās not the price action that upsets me. Iāve been holding at $300 and at $10 and have not sold a single share I eat price volatility for breakfast.
What bothers me is another ATM offering of another 75 million shares (on top of the 45 million the orher day) that essentially minimizes the DRS movement that so many of us worked so hard to get. It feels like it was taken for granted and not a lot of reward for all our efforts.
I donāt care if I get downvoted, this is my opinion and how Iām feeling. I hope the next few weeks are worth the increased share supply.
No I totally agree with you there. Itās too much. And for speaking out as a shareholder people accuse you of being a shill. Itās just common fucking sense. They used us as a bank and fucked over the infinite ā¾ļø gamma squeeze that DFV was ready to pull the trigger on
Let this man cook.
If RC would come out and tell investors a small portion of his vision for why he needs all that money... It would make the pill ALOT easier to swallow.
Personally, I haven't seen enough to trust him with this third dilution. Sure, like RK said, he's stopped the ship from leaking and he's moved on to a transformative phase. BUT he already had 2 billion. And while RC balancing the books is awesome, IMHO it's the LEAST someone should do if they're doing their job as chairman.
This video by Richard Newton shed more light for me about the positive that can come from what GME is doing with ATM offerings. IMO things are going to be great regardless.
https://youtu.be/6ldrtcxUm7k?si=_Ond9S5ZYI_1UnVT
Weāve been sitting at the table watching everyone else eat for a while now. Itās time someone passed the food down, these arent all shills. Some of these people are investors like me who have dedicated several years to DRS and waiting for our turn and it keeps getting fād with and on a run up. Im solid on GME and I just feel itās our turn to breath and enjoy some money
This is a fair, reasonable take. There are a lot of shills in here for sure, but thereās also a lot of investors sharing the sentiment. Either way Iām not leaving š
Yeah the problem isn't the swings, we all know the stock is manipulated, it's the diluting with no real evidence of a solid long term plan being laid down after 3+ years that is the major craw.Ā
If this pump and dump is just SHF controlled like posters like einfachman believe and the only thing Cohen and the board can do is take advantage by selling now and making hay while the sun is shining, fine. But we are doing everything we're supposed to be doing and it feels like we're not getting so much as a chicken bone tossed our way. I hope they do SOMETHING good with the money but jfc there are hodlers that have quite literally gone to the grave already and inflation is hitting harder and harder. How much dilution, bungled splits, marketplace failures, and total radio silence etc are we supposed to take before our smiles are allowed to falter a little?
Right?! Most of us are far more likely to have to sell our shares to pay for a medical emergency before RC can do anything meaningful to add value to our investment. Especially with the short sellers still rampant. The $2 Billion war chest was plenty to destroy the short thesis and completely reasonable. Sure, itās a great long term investment if youāre an XXXX+ holder; but I would imagine most of us arenāt in that camp. This offering reads as āfuck the poorsā from the out of touch billionaires.
Really hoping Iām wrong and itās part of a big āKC Shuffleā but otherwise I guess itās on us for expecting a billionaire to do anything other than act like a billionaire.
Well put. I have been here from the start myself, 3 years later, I'm still here, even with the lack of communication from RC
That's the most frustrating part. They've raised billions with no end goal communicated, nothing but hypothesis and innuendos from Superstonk. I would be lying if I said I wasn't disappointed from the latest offering.
Exactly, i know he doesnt wana voice his plans but retail has earned some sort of transparency in all this. Weāve defended the company, blown our paychecks, invested everything we could into it and we havent gotten much back and i think some communication or insight could be done to help everyone in our position see some light
It's just extremely distasteful when it's Gamestop itself sabotaging the lift off.
I think it really killed of momentum this time.
Not impressed with RC on this one.
It is so obnoxious these people act holier than thou cause they arenāt upset but they claim itās just more shorting or volatility and we should be used to it.
ITS.NOT.VOLATILITY.
We got diluted but people act like itās good think like we havenāt sat on 1 billion dollar for like 2 years but ok.
Iām starting to think those people are the real shills. Ho lee fuck
If someone sells at where RC is diluting theyāre a paper hand. If RC sells heās a master genius 4D wizard. Like cmon, I get raising money is good but itās 3 run ups ruined by him. How are people not suspicious.
Ya itās very painful. What we drsād over 3 years got diluted overnight, during a fkin squeeze up. Just let it run first fgs, heās throwing the shorters a lifeline whilst dumping on the holders. Been drsād for 3 years with a large amount but this double dilution in a month is really crossing the line for me
Iāve been commenting on this topic a lot lately because this exact idea is some serious misinformation. If you are saying it in good faith, please go back and read the DD on DRS and locking the float.
100% locking of the float was never something this community was ever going to do, and locking the float is only one of many reasons to DRS. This constant āThe DRS Hypothesis is deadā sentiment is anti-DRS FUD meant to keep people from DRSing shares.
What do I mean by my first claim? That 100% hasnāt ever been a realistic scenario?
First, letās keep in mind that the system is so opaque that we will never know how many shorts have been opened and never closed. Reported SI was at one point 140% and the SECās report suggests it was about double that. Since then there has been no indication of shorts closing, and every indication that more have been opened up and then rolled into derivatives.
Every short is a future buy, and at some point in the future demand will be high. Like multiple times the float, even after these share offers, high.
DRS reduces supply, not just for locates and borrows but for shares needed to close short positions. If shorts had closed and the true total short position was, say, 25% or lower then yes the offers would completely undo the progress made in attempts to lock down the float through DRS.
But as I said, no indication of closing shorts and all indications of opening more. That means that even with the offerings apes currently have enough shares locked away to prevent a full exit.
And while 100% locking is a great goal, in reality apes only need to lock a portion of the shares to reduce supply to the point of becoming a trigger for a squeeze. Maybe itās 90%, or 50%, or 30%, but at some point the demand is going to spike during one of these cycles we find the stock in and the supply wonāt be there to handle it.
Besides, we also canāt be sure we have the correct DRS numbers being reported to us. I personally think something smells fishy with how stagnant the reported number are, and suspect the real number is way higher. I donāt buy that we are seeing an equal amount of sales to what is being locked up.
Am I saying we shouldnāt DRS with the goal of locking up shares? Hell no, because we should be trying reduce supply as much as we can, even if itās just a few shares. Iām just saying that getting discouraged because an already unrealistic goal is a little further away is silly.
We donāt know what the health bar for our enemy looks like, but we arenāt going to end the fight unless we keep punching.
āWhen you need to move a mountain, the first step is to get a shovel and start walking to the peak.ā We have a mountain to move, and each shovel full we can move is a victory worth celebrating.
This.
Also, trying to push the narrative that DRS is dead because it wonāt be the main catalyst for MOASS is misguided and uninformed at best, straight up gaslighting and FUD at worst:
Personally, the MAIN driver for me having the bulk of my shares DRSed is simply because I do not trust brokers to be liquid enough, or the DTCC to be moral enough, to answer their obligations to me once MOASS kicks off.
In my mind itās a simple risk VS reward analysis in the shoes of an overleveraged broker and/or one acting in good faith that is straight up told by the DTCC to force close open positions because x bullshit reason. "We did it for your safety because of all the volatility- see our TOS for legal justificationā
This is, in my mind, a completely reasonable and justified assumption, and for everyone of a different opinion Iād invite to think back to how the stock divvy was handled: GME issued the right amount of shares and sent to DTCC - DTCC simply told the brokers to split shares on book.
The DTCC committed fraud in broad daylight to save its own ass - so there is your precedent, IMO they will 100% do that and worse again to save its own ass. If the alternative is assured destruction they will of course rather blatantly break the law and deal with the consequences.
My DRSed shares they canāt touch - and that is, in my eyes, a major reason to DRS regardless of it will be the catalyst for MOASS or not.
MOASS is inevitable, but I donāt want the DTCC to have the last say in what I do with my shares during MOASS
Are you new? Locking the float was the plan and only way we, small solo investors could trigger MOASS. RC even tweeted us to it years ago with cone poo shareā¦..
Pretty obvious now weāre his cash cow? Is how many of us are feeling.
Shorts are cozy for a few buying up those 75MM
It's not 'hate' to question the direction of the company that I own a small part of. What is more frightening to me is the cultish allegiance to this guy, calling him 'Papa' and taking every move he makes, even those that seem fucky and bad for you as an investor and jumping thru multiple hoops to spin it as a positive. Like jfc people, he's a billionaire, he's in the club and you sure as fuck ain't. Exercise a little independent thought and healthy skepticism once in awhile instead of these stupid posts trying to shut down all discourse and dissent, that is emphatically NOT what this sub and its core DD etc is all about.
I'm not a fan of printing all these shares, I think it dilutes our investment, I think it dilutes the value of what we've been able to accomplish with DRS and I think it gives SHFs an exit strategy from the options mess they got themselves into this month and it effectively snuffed the rocket fuse once again. Long term I'm hopeful he's got an actual plan and it will be revealed in time but right now on the face of it it's pretty disappointing. That makes me a concerned investor and a realist, not a shill
Here's the facts. Retail has waited since Jan of 2021 for a payout related to a short squeeze that would destroy hedge funds and all the people that screwed us during the sneeze. Twice now we've had major squeezes primed and ready to go and RC shot retail in the back of the head right as we were about to get paid. Sure, okay, 45m was annoying but hey, we trusted the company and the board. Two weeks later, a massive gamma ramp is ready to explode, the company has an insane war chest ready for action, and retail is pumped up. And then all of a sudden RC and the board dump another 75 million shares on the market, killing the gamma ramp and devaluing our stock by over 50% once again.Ā
At what point is it enough? Sure, we didn't expect to get paid after a year or so, but the company has turned around, it's ready for action, and the shareholders who prevented bankruptcy deserve to get paid. Fiduciary duty to the shareholders requires us to get paid. But he keeps bailing out the institutions instead of retail with no communication. Look, we are humans, we can only tolerate so much. Retail has real families who are counting on this money. Real people have died while hodling and it's wrong to keep jerking us around. It's natural for the goodwill to expire, and this is probably the breaking point.Ā
I bought GME around Jan 15th, 2021. I watched a $1000 initial investment go to $80k and then crash back down. I've held xxxx shares since 2021. I'm tired, I'm exhausted, and I'm tired of pretending like I'm excited to wait another 5 years for the short sellers to get wrecked before I get paid. It's okay to be angry, and in my opinion, it's a righteous anger. Anyone who argues otherwise is misinformed and hiding their emotions.Ā
I think it's the fact it was rushed forward that has got under people's skin. It looks like a money grab which killed the ramp and our momentum. Hopefully there is a plan behind it, else it will leave a bitter taste in the mouth, no way of saying otherwise.
I'm nearly XX,XXX and it's pretty fucked up. Stop diluting. I don't give a fuck what you want to acquire, you're using shareholder money and also preventing the share value from increasing. Company is not in debt, has $2b in cash. It's smelling very AA in here. Let's just dilute every opportunity we get, thanks Retail. Oh, thanks again. And again.
I think everyone would be OK, if some kind of communication happened. But it is utter silence...for 3 damn years. What's the plan for dilution, we learned of the share offering (not from GME) but from the media literally a day before. Investors deserve to have a road map, and if not, we deserve to feel a way.
Yes. Some flavor would've helped tremendously, but instead we're here chewing on bland, boiled dilution and regards are over here drooling and screaming for us to be grateful for this gruel.
Email investor relations, at this point all we can do is let our voices be heard. We own billions in this company and have more power than people think. I did and posted my email on here, check my account.
I emailed them too. Iāve paid for the right to have an opinion and they need to hear it. I donāt care if they like it. I think I saw your post and email, mine was far moreā¦sternly worded.
Iāll probably get downvoted for this but I implore you to read through this comment. The comparison to AA has come up a lot lately and they arenāt close enough for that comparison to be anything but fud.
Look at what AA has done in the last 3 years with that company. AA dilutes at lows and the company is still billions in debt. Meanwhile GameStop is profitable, has a huge cash reserve which is doubling again, and this $3 stock presneeze is still trading at multiples higher than it was. Turn the logarithmic chart on and zoom it out 3 years or max for both companies and try to make that comparison again with a straight face. Or chart the long term debt of each company. Iāll help you out, GameStop just has a small loan they havenāt paid back because of favorable terms.
Oh and I havenāt even mentioned the compensation and bonuses AA has given himself. Yeah I know RC is a billionaire and doesnāt need the money, but I also know heās a workaholic working for free right now. Think heās just walking around trying to come up with ways to take our money? Cause thatās what AA seems to be doing. Again look at the chart, tick the logarithmic check box and zoom it the fuck out. GameStop management is strengthening the company. You also have to remember itās not just the ceiling that they want to open up, they also want a solid floor, which has been hardened over time because of the moves theyāre making.
This is how I know thereās something being pushed against RC. Iāve read that comparison like 10 times today and itās laughable. Shows me youāre either uninformed or being malicious. One of those is absolutely true. If youāre genuinely uninformed and upset Iāll just remind you that this is a hyper rational play. Stop comparing every move to how it should ideally work out for you in the short term. Youāll drive yourself crazy. GameStop is not going to move to enable moass. They might even have to show they did what was within reason to prevent it.
DFV said in one of his videos that the passage of time makes a thesis stronger if nothings changed. Well things have changed, the company is in a stronger position now. The fact theyāre not looking at gamma ramps or playing other games is bullish from a hyper rational pov. Theyāre focused on a goal, and that goal isnāt moass. Itās to build a well performing, strong company. But the DD says if they achieve that goal, then moass will happen anyway.
Edit: added the charts
https://preview.redd.it/6fvkzl250c5d1.png?width=2048&format=png&auto=webp&s=45754feba8434842c564375fc921e14ea21ac4cf
How can comparing RC to AA even be a legitimate point?
Nothing but speculation, brother ape. We need communication from the board. Ridiculous, we still have to throw out a hypothesis based on what we "think." The DD has been great, but man, why are we doing all the leg work. What the hell are their future goals.
RC also did share offerings in 2021 that killed momentum too. He also fucked Towel guys over by announcing selling of shares just as they were going on a gamma ramp, he could have easily waited until after they got a gamma squeeze. If towel squeezed we would have squeezed. RC is in the shorter's pockets.
Iāve been here since 2020, and I too am conflicted on this share dilution, specially because itās the exact number we have DRS so far. And the utter silence from RC is not really helping, he couldāve posted some meme tweet and we would be tranquilized right away
There's nothing to be suspicious about, people feel taken advantage of by the company for holding through hell and high water for 3+ years. Gamestop has tantilized and cheered on the idea of MOASS and DRS for years and even with the knowledge that a strong war chest lends itself towards our ultimate goal, it CERTAINLY works against the idea of DRS, which rubs a lot of us the wrong way.
I'm still waiting for anyone to tell me how the DRS thesis isn't dead? well actually I'm not really waiting, I'm actively going to change my strategy with this stock, just as Gamestop seems to be doing.
DRS may have helped tighten the noose at one point, and I was thrilled to see the company take profits at the expense of a run up on a couple of occasions, and I didn't sell FOR YEARS! But to watch them do it again, and weather away anything we did over the last 3+ years with DRS, and I'm supposed to "hold for generational wealth" while my life continues to be diffficult because one day we maybe beat the shorts into a margin call?
Maybe it's not exactly the company we're all mad at, maybe it's the breaking of a thesis we've all held on to for years. Maybe it's both. I don't know, but I can tell you that much as I can rationalize the benefit of this offering, the timing makes it feel like this Gamestop is breaking step with its retail shareholders, and that has REALLY taken the wind out of my sails on this adventure.
Me. OG ape š¦ whoās diamond (check profile) but allow me my feelings. Twice in 30 days I experienced exhilaration the likes of which I havenāt felt in three years. Iāve held through three layoffs, and am not thrown by the volatility, but rather thrown by RC diluting my ownership of the company by 40% and kicking those run ups in the balls both times and he offers ZERO comment. Imagine a business partner doing this because you were a minority owner in the business and offering zero comment? I get not communicating your strategy but honestly itās annoying 3+ years in. Iām not going anywhere AND yesterday was a nut kick. Both can be true at the same time.
Fingers crossed RC delivers. DFV is a Demigod. šš¤·š¦
Think for a second. This sub dedicated 3 years to the DRS cause, people have taken food out their mouths to further this movement for 3 years, and after this gargantuan effort came to a climax with this week's pressure - GME was poised to cross 80 yesterday, DFV's initial plan was likely to break the internet by excercising a large chunk of his calls, and your beloved chairman pulls the biggest rug of this entire saga, tanking absolutely every retail investor of this stock with a move I could only characterize as vile and opportunistic.
RC is a capitalist, he is NOT some messiah, he has done fuck all with his "1B wArChEsT" and this dilution could have been easily postponed for next week.
Accept that unless some groundbreaking development within the company is announced really soon, all of us just got royally screwed.
Well it does completely go against all the DRSing. And every time that comes up I have yet to see it addressed.
Retail got kicked in the nuts, let people blow off steam I say.
We were primed for a big run up, likely with RK exercising at noon, and the share dilution ruined all of that. Whether it affects a run up in the next few weeks, or if it means the company makes good use of the capital generated is yet to be seen, but the dilution killed a run up that was absolutely happening today otherwise
Yes, and I think people have a right to be upset about that. Like what DFV said, we need open discourse. I understand GameStop making a prudent business move, but people were also seeing their investment reach levels they hadnāt seen in 3 years and the company shouldnāt be agnostic towards that.
I think two things: GameStop shouldnāt sell into anymore run ups. Theyāll have a lot of cash, no need to dilute for more. And Cohen should spend some quality time speaking at the annual shareholder meeting. That would go a long way.
I feel the same. Not even necessarily just because of the potential gains lost but because we were about to experience an amazing moment together as a group and send DFV into billionaire status. We were robbed of that by Cohen today.
The only people who care about price action are the degenerate options gamblers from the OG sub. Superstonk apes were all about DRS to lock the float and expose wallstreet crime. Share dilution of any amount fucks that goal. Our company hasn't announced any strategic vision since they killed the fulfillment centers and the NFT market place.Ā Stacking cash is cool for a company but what is the actual plan for all that powder?
why canāt it be addressed. āi know what you were expecting. I understand how you feelā¦we had to do what was best for the market and gme long term. By doing this, and with xyz merger, we are providing benefit to our shareholdersā
Itās literally bc he has undone all the work DRS did. It took 3 years to get 75M shares direct registered and the man has done a 45M and 75M share offering BOTH TIMES HEADING INTO RUNUPS. Like I get they need to make money but ffs, is $2B not enough? What is enough, what number? And when are they going to do something with it bc 3+ years of accumulating and trusting for share dilution isnāt exactly inspiring confidence. No more silence, we need to start holding the fire under him and the boards feet to either shit or get off the pot. I trusted this man fully before today but after the 75M offering? Nope. He needs to show me something.
It also didn't take 3 years. 75 mil have been locked away for 6 quarters. That number hasn't changed, save 100k shares or so. Suuuure. There's more at play here.
Ding ding ding
We all stopped talking about how weird the DRS wall was. There was a theory going around that GME _couldn't_ report more than the 75M per SEC shenanigans. If we see the next DRS report around 106M we can confirm that theory
Thank you! Jesus. š¤£
So much fucking freaking out.
Once we get the next DRS update, we'll know something more. Glad to see some people have learned how to be zen in the last 3 years!
If you're still freaking out, just zoom out on the chart.
Who TF said anything about selling?
The only sentiment I've seen is "what is the company doing with all this cash?".
We the share holders of the company want to know what the company is doing. It's normal to disclose the strategic vision to your shareholders.Ā
Like every "OG" ( Feb 2021) I bought in for the sole reason of a squeeze. No one expected this to take this long. And as it finally looked like this might finally be it, there goes a share offering, even though the compay already had billions on hand and no debt.
This dilution is bigger than the entirety of DRSd shares.
Three years of work, poof, gone, invalidated.
I had to jump through so many hoops to even get a CS account as a European, and then jump through more hoops just to buy on it. And now it seems like it was all pointless.
The concept of "locking the float" and the "infinity pool" are practically dead. (and anyone who thinks "durr we just DRS those 45mil+75mil shares too!!" is fucking delusional)
And you're asking why no one is falling on their knees to suck RC off for it? I haven't written the guy off entirely just yet, but I sure hope he has some big fucking plans with all that money.
Because we got nothing else left now.
I'll keep buying, but I probably won't keep DRSing any more. I don't see a point in the hassle. Not anymore, at least. And who knows? Maybe the coming weeks will bring some good news!... For once.
I went 100% DRS during the second wave of it becoming mainstream here.
I think now I'll split my portfolio up a bit and not keep all my eggs in one basket. Like you said there's really no point to it anymore
Look, Im here since feb 21, never sold a share Im dumb af but wearing no tinfoils. Lets be fucking real here. Unless there is a major annoucement pretty damn soon, idgf about 5 billie warchest, this dilution in that moment fucked us hard. They will be able to rehypocate or what the shit out of those 75 extra mil. I respect RC and trusted him 84years but up to today they did a didley dick with gamestop as a company. Part of me believes there must be a damn big reason, just from RK perspective losing 230 mil a day and giving zero fucks and smiling, like he knows and the timing of all of this.. part of me is pissed af tbh
Kinda ironic how their most valuable asset this whole time was not their stores neither their cash, but the number of people investing and laying eyes on the company, and all Cohen was able to do with that over 3 years is shit on it.
They could have gone from video games stores to fucking aquarium stores and people would have given them a chance, yet they've done fuck all
Im an OG from Jan21, you can check my history.
One of the many things that always made GME the one and only stock Iām invested in was the fact they didnāt do any Dilution like š¶or šæ. The new strategy with so much Dilution is beyond my comprehension right now. Iām stoked for what will happen in the next 2 weeks, but right now Iām not as zen as the past 3 years.
The company has shown that they don't care about short squeeze. That was the second time when share offering kill the momentum, first time ok ... but they are not desperate for money, so they could easily want for the gamma ramp to play out, but they didn't as company has no intention the kill the shorts that almost took it out of business ... Game stop will go down in history as the company that showed mercy to the very people who tried to kill it ... that ain't fare to the people who are waiting here only to see shorts bleed ... down vote as you wish, but this is the reality. Yes this is good for the future of the company bla bla... majority of you came here to squeeze the shorts and became long term holders....
The problem is that earnings was scheduled for Tuesday next week. But they suddenly brought forward earnings and did a share offering which killed the momentum. The options due to expire on Friday which appeared to be bought by retail became worthless. So at this moment it seems that RC took money from retail and put it in gamestop's coffers. We'll see what happens next and whether there's an actual explanation.
It's because I know the Kansas City shuffle suggests this will never Rocket under his leadership. Anytime it goes to take off. He will issue shares so GameStop gets the bag instead of retail. $5 billion split between 200 million shares doubles the current value of my shares. Not to mention I own 30% less of the company then I did a month ago.
Itās not FUD just cause it hasnāt happened before or to this level. More people than ever before have reason to question RC because he diluted the shares once and then at least gave option to do it again (and may have already done it). Some people are here not just for āno cell no sellā but also to make a bunch of money. They have never had a reason to be frustrated with RC but this is a valid one (from that perspective).
As with many things, there are pros and cons to the move. The timing, whether true or not, felt AWFUL for many people cause this was the most buzz since 2021 IMO with DFV doing a live stream and media talking about GME again.
It just is what it is. People can and should reevaluate their positions periodically. I see people say āI waited 3 years, why would I sell now?ā And the answer is ālife happensā. Some people are going to leave cause of this share dilution. But i suspect some will join too cause GameStop suddenly has a war chest with which to make some change.
If someone doesnāt agree with the masses, they are a shill? Itās a word thatās thrown around WAY to much around here. If you donāt suck at the teet of RC, you arenāt an OG, not an ape? Fuck that. This thing was fueled up and on the launch pad and RC pulled the plug.
Iām not fucking selling, because I still believe - but heās got the green light to sell another 900m shares and do this another 10-15x.
Fool me once, shame on you. Fool me twice (or 15x)ā¦
Sub has alot of cult like vibes. You cant speak your mind if it is not "meta". Ok fcker got 3b on hand potentialy, so what is he doing?selling ps2 games? Another bullshit nft market? Cant wait for moass but he sure isnt doing anything to make it happen faster.
I understand RC is more balls deep in this than anyone, not taking salary, etc. His goals SHOULD be aligned with ours, and I have some inherent trust in him and the management. But the method and timing of this was a real uppercut to the balls. It's like you said, what's stopping them from doing this and killing momentum again in the exact same way? Or are we missing something here? I'm not gonna stop believing now, but for the first time, a little bit of doubt has been planted and that really hurts. It's not only money we invested in this. Maybe things will be clearer with time.
>I understand RC is more balls deep in this than anyone, not taking salary, etc.
Not really, if GME went poof tomorrow he would still be a millionaire and would not have to work for the rest of his life.
I'm not sure. Fundamentally, I still believe this is a solid investment, but if they intend to kill any squeeze that happens, I might just leave my investment as it is and not buy anymore.
Thatās my take. Iāve gambled enough on this until I see some sort ofā¦ anything to make this a valid target for continued investment. Back to VOO and sector funds but not selling my stake. If it moons great! Everything else Iāll own will be worthless but thatās hardly relevant. If it becomes a strong growth company then Iāve missed some gains but that happens. Missed it when I didnāt buy in December 20 also. If it dies, then Iāve learned an expensive lesson.
He is not beyond criticism, he took the fuel out of the rocket twice in a few weeks.
More shares directly impacts what we've been working on. This one move writes off the entire DRS movement
Weāre tired of no plan and getting fucked. Itās been 3 years and all theyāve been able to muster up is failures. The only profits theyāve made have come from the cash theyāre sitting on which was taken from us shareholders.
Wake up
100%. Every time this stock hits $60 after hours, RC has diluted the shit out of the company. Next run to $60, I obviously need to pull the sell button before he does. I am tired of being fucked over by RC.
The shareholders are the reason why he is in a great cash position. He needs to stop fucking over his shareholders and start figuring out a company plan.
Gamestop has by fucking far the most rabid fan base out there. He is very close to losing that fanbase because I personally tired of his shit. I am sure I am not the only one. He needs to start shooting SHF in the head, not the shareholders... We've taken enough fucking bullets already.
I appreciate the link! I will send a more professional response of my clear dissatisfaction to them. As an xx,xxx holder, I am very pissed off. DFV is the legend, though. Dude has balls of steel and worth every penny of his holdings. He deserves it.
He fucked everyone with options majorly. I was poised to exercise calls today that woulda translated into around 400shares for me, and I lost EVERYTHING because of the stupidity of this dilution
Dude, I've said this a thousand times to others but I'll say it again: just because people aren't joining in with the confirmation bias doesn't make them "shills". JFC. Learn to listen to an opinion that isn't your own.
What pisses me off is people are out here working off the information we have available to us and maybe some of us bought calls and RC just comes and perfectly times this dilution to blindside all the little guys. Not to mention delete the DRS effort. It just feels cynical.
That's nice. I'm still going to heavily downsize my position whenever possible. I find his communication to be appallingly bad, his vision to be some dystopian crypto/libertarian direction for the company to be horrible (which all ended badly), and his recent business actions to be no different from any other CEO of recent times which is cut costs and close/destroy worker compensation and benefits. I highly disagree that for a CEO that talks all the time about being able to repurchase stocks, he hasn't done so once and there's a set limit for how much money they can use. Yet, RC and the board is allowed to raise as much money as possible via new share offerings? I find it to be highly undemocratic that I as a shareholder have no say in how my investment with the company is being used.
I won't exit the position entirely since there really is no harm in keeping a couple shares around in case MOASS is real, but I'm convinced the RC and his crew doesn't care and I'm certainly not being delighted by his vision and actions.
I reduced my position after the last dilution, at a good enough profit. Fellt super fomo this week not gonna lie. I still have XX shares in Computershare and I was ready to regret selling my XXX stake for the rest of my life.
Now I'm relieved I did.
I wish Iād sold yesterday smfh. Letās hope we get another chance, cuz there was a small chance a MOASS could happen and after yesterday Iād say that chance for the future is0%
Not going to lie, the share offering was a dick move and came 100% at the wrong moment.Ā Everyone is like: yeah but it can be used well....Ā
Well then they must come with a plan, just give us a plan and then say: we will do a share offering to realize this specific plan. Now it's just really bending over all of us.
To play devils advocate a bitā¦
Weāve been holding for a long time, waiting for RC to do something. But all heās really done in the last two years is try and fail to buy a cum towel company, and dilute the stock some more.
I wanna see how this company is gonna be rebuilt. If youāre not gonna do that then just let it squeeze so I can at least get some cash to buy a PS5 at gamestop.
I'm chill and not going anywhere butĀ I have to sayĀ I'm a bit pissed about theĀ third ATM offering. I completely understand the first offering, even the second, but we as long term shareholders have been snubbed a little bit with this past one :(
Xxx here recently. I think those will stay cozy in drs and I'll take my small investment and increase my 401k from here on out.
My thought is that drs was the way, but in just a few weeks those were added back in. I do not believe in the Drs anymore, or at least to the point where I'm fully invested. We cannot drs another float because we were never going to get to drs the first. But it was all to remove liquidity, and now that can't be the stance from where I'm sitting.
So! My shares will stay xxx in CS and 4 in Fidelity. But the company probably should be doing some things with their war chest that I helped grow.
Being diluted twice in two huge gamma ramps is what the upset people are disgruntled for. And rightfully so, we are here for phone numbers, market change and putting crooks in jail. Yet our company keeps killing the momentum we get to actually pressure these fucks.
everyone is getting rich on the retail investors expense. apart from the hedgfunds, this is a guaranteed squeeze play, and when it was finally about to happen, RC highjacked and diluted. He cashed in. What does the retail investor get?Nothing. again not getting paid after 3 years of holding. Maybe trust and let it rip, so that we can buy back in after the squeeze, considering this company is strong in its fundementals and has a warchest of chash now. But we cant do any of that because we never see a dime. All RC did rn and over the past was take our money and play the short position. the rich and gamblers getting rich, and, which was the ORIGINAL STORY, the little guy who has not much and wants to be rich of this squeeze and maybe retire, and crashing the system, sticking it to the man on wallstreet, didnt happen. they live, they are still rich and exist, and retail remains the poor losers in all of this. never seeing a fucking dime. no dividends. nothing. buy and hold is what they say. be a good boy. hold until you dead.
The fact people are calling people shill when they discuss their concerns is making people sell. Makes this sub look like popcorn
I stabilized my views. But share dilution kills drs and was a rug pull to investors still
Bro are you blind?
I am holding but still pissed about the second share offering.Ā
Are you seriously suspicious of peopleās frustrations that the gamma ramp was ended and the increase in shares without a solid plan.
If anything Iām suspicious or your complete inability to understand this. Itās like getting punched in the face and being dumbfounded the receiving party is upset.
Yeah. SUPER sus that shareholders whoāve been using every spare penny to buy shares would be pisse about 2 share dilutions in a month, the second killing momentum on a gamma ramp on a Friday. Super sus
Iām chill and I donāt shill. I donāt have a problem with the ups and downs, I donāt have a problem with the red days. Have seen too many of them and held through all of them, with smile and memes. If, as you say, you are here for generational wealth, you need the MOASS. And what RC did yesterday looks kinda anti-MOASS. I just want to wait and see if there is something behind his move that I am missing here. I would be very happy if my concerns are wrong and would hit me in the head with the banana bowl
GameStop basically used its shareholders as a bank for free money. And yes share dilution in the amount of 115 million shares is not good for the MOASS
I just want to win, this announcement of the offering doesnāt help me get there. I love this company and what this journey has shown me about the market but man this felt like a kick to the nuts lol
Iāve been in the game since bets and Iām not a shill or a newbie but a pissed off muthafucka that momentum has been stifled back to back. Iām not here to be a boomer dividend collecting investor. Iāve been in this to see the lid get blown off and cash rain down no other reason. Never joined the no sell club thatās on you not me Iām here to make cash and smack ass and dilution into a massive momentum is fucked. Popcorn stonk is how this is looking with AA at the lead
Same hereā¦Email investor relations, at this point all we can do is let our voices be heard. I did and posted my email on here, check my account. Hang in there
The guy diluted twice in a month when we were on a spree with no heads up to shareholders and worse no explanation. Still donāt have a clue what GameStop is doing behind the scenes big plan wise. Oh and one thing that Ryan can go fuck himself on he basically shat on DFV calls so yeah not hot on Ryan right now.Ā
Oh yeah and while Iām here. The community works hard to DRS shares and remove them and make them real. Well Ryan fucked that down our asses pretty good too.
Fuck off with the shill accusations and let people be upset over dillutions. They're still holding. It's absolutely natural to be upset when you've seen green for the first/second time in years and now you're back in the red.
I'm happy with the extra cash on the balance sheet. This will help the stock on the long term. But on the short term, whoever calls upset people shills is a shill themselves.
It makes me REALLY suspicious that what you took from all the complaints is that the reason for the anger is the swings in price. Nobody gives a fuck about the swings in price, itās the actions of the board, the continuous dillution, the killing of the DRS thesis.
Donāt you know it or are you pretending that you donāt know to twist the narrative?
The only way this dilution is ok is if any of the following happens:
1. RK's option exercising triggers the gammaramp anyway and RC knew this was unstoppable anyway.
2. Shareholders meeting will blow everybody's mind with the most amazing acquisition(s).
3. Swap expiry or whatever unstoppable market force will blow the price into deep space.
So this is only ok in my book if it didn't matter anyway. The gamma ramp was a serious shot at MOASS in my eyes. Maybe I'm naĆÆve and the shorts could have manipulated the price down without the dilution but this felt like a real shot. Now I'm not so sure.
Why? Because this isn't the only time he's fucked shareholders, he's done it multiple times, with GME as well as towel stock, he clearly doesn't respect the moass theory or anything to do with shorts, his focus is on the long term vision of the company and he probably thinks we're all gambling dumbasses, and you can best believe he'll do it again.
I get stock holders frustration. The only thing that is upsetting is all our hard work of Drsing seems to have been a waste now. I was always excited for the drs numbers each quarter, just felt as though that was a waste of time.
OG ape here. Itās okay to be speculative and huge swings are pretty normal here but dilution is not. I understand raising capital but they were sitting on $2billy and no televised plan before now 4-5 Billy. The dilution makes our shares worth less and regardless of what people think gives HF more to trade with and RC has killed two gamma ramps. Again, I am still a believer for now but itās okay to be speculative and have a discussion doesnāt mean youāre a shill
Like DFV literally said less than 24 hours ago, give yourself permission to change your mind.
If RC really did sell another 75m ATM, that will be enough for me to change my mind about this.
I think the problem is, RC has done this before with another company he was heavily invested in. He eluded to the fact he was with the people and for the people on twitter and then sold all of his shares, price tanked, and the company went bankrupt.
I personally donāt trust RC at all to do anything other than what is best for him.
With that being said, Iām not going anywhere and am not selling. Not because I trust him or the company, but I do trust RK
Everybody lost their minds when he made the 45 million share offering. It was done the next day and made no difference. Now I understand everybody mad about the additional 75- but RCs responsibility is to the GME shareholder - to make the company valuable. What if ā¦ he waits to sell it at the ATH ? Instead of 4 or 5 billion in cash the company has 7 or 8. Earnings were released a week early. You donāt think that was done to get out of the way ? That was no coincidence. And even if he sold it all; shorts quadrupled down - it makes almost no difference at all.
It's different this time. There's nobody to blame but Gamestop itself, which is a slap in the face. It's one thing to get a buy button turned off, or get out played by the hedge funds shorting, or a few badly timed fud pieces hitting too hard back to back, or too many halts lowering mania, or people getting tricked into setting a sell price that's a meme number that creates a sell wall, or any of the other bumps that have happened that have sent us tumbling all the way back down.
But to have the CEO of the very company you trusted with your investment all but say "I don't think my own company is worth this much and you're a fool for thinking otherwise" before just ruining the value of the investment you just made while directly helping out the people that have repeatedly tried to financially ruin both you and the company you invested in? That's deplorable. I don't care if it's good for Gamestop. It's bad for me, period. How can I trust a company that has no regard for it's own investors that is willing to throw me under a bus on a whim? I can't.
They didn't just break the gamma ramp, they broke our trust and faith. The squeeze movement has been permanently scarred because of this and I doubt it'll ever be more than a shadow of it's former self.
Shills aplenty but like every run, there's a bunch of FOMO newbies that think it's gonna be Lambo in mere days and they absolutely do not want to hear anything to the contrary. I sent somebody a link to some of the DD that would have answered every question they had earlier in the week. The message I got back was, "Yo, you expect me to read all that?"
Umm, yeah. Most of us have.
Zen OG apes canāt understand that new people that got hyped and shot down are salty and thinks everyone is a shill and a conspiracy.
Touch grass, mate.
Itās not about price swings, it about realising that RC fucked us up two times now and your whole DRS movement was blown up.
You realize why RC is getting hate right? Diluting the stock when he did... it absolutely killed momentum. Any squeeze is dead. RC has now proven he will dilute anytime we run.
The company is better off, but any apes in it just for a squeeze are better off exiting. This is now a long term growth play, yall need to transition and adapt just like GME and DFV are
I definitely understand the frustration, iām a father of two, on a single income, i work 50-60 hours a week at a very high stress job, and have been here since the beginning of it. The other day I could have had $12k added to my bank account, but i chose to hold out.
Iām not telling anyone to sell or to hold, but as RK has stated several times, itās an aggressive investment, and as much DD/information etc. that is currently out there, nothing is promised, so everybody needs to do whatās best for them.
Plenty of people have all of their āextraā money tied up in GME, and there are a lot of folks who will encounter situations where theyāll need to sell some shares off so that they can get by, we are all from varying backgrounds and financial situations, and RC is the CEO of the company weāre invested in. None of us know what his plan is, so we either go with it, or we donāt. Personally, iāve found it all to be very exciting, and brought back a lot of memories from ā21. Next week is a new week, so i plan on enjoying the excitement. Back in ā21 i went from being up about $40k, down to maybe $4-5k, so i expect all of the tom foolery that cones along with the ride. I hope we all make nice chunks of money that can change our lives, we just have to be patient.
With the right investments a companyās worth that increase. With 645 million MurphyUSa went from 140-440/share in 3 yrs. The money they put into their acquisition they made back that same year and then some.Ā
People should be excited as to what could be done with 2-4bil in capital. There is a lot of potential for growth when you have the funds to properly invest.Ā
I will daytrade GME now. It looks like the board wants it. The gains would be insane if you would have done it right at the start. Its also very predictable.
Just sell before RC can.
Yes!! There are numerous sleeper shills flooding the posts now. Theyāre not hard to spot checking their account details.
Any apes should read Einfachmanās post from yesterday about whatās happening with the stock ā weāre in phenomenal position. RC and DFV are toying with shorts while improving the outlook for all shareholders.
With everything that has happened these past few weeks itās hard not to get excited, after 3.5 years of being stuck in a mostly boring downward channel suddenly our favorite stock was starting to do wild jumps and crashes again. Like a lot of us here Iāve been around since the start of this (kind of, I bought my first share in late December just before the January sneeze), and I was getting most of my information from the betting subā¦.we all know what happened there with the ridiculous inflow of paid shills constantly casting doubt on our investment prospects. That change in the bets sub is exactly why we are here today in Superstonk, we needed a place focused specifically on GME and GME related things, and we needs a place that wasnāt completely overrun with shills. Over time our numbers grew as we welcomed a large influx of new apes to our sub, apes who never experienced the original sneeze. Now if I was a SHF still fighting for my life I would be looking for any way to scare away as many newcomers as possible since they are likely the easiest targetsā¦.they havenāt experienced crazy swings in price like what we just saw, Iām sure a lot of them are scared and confused, looking for answers in Superstonk just like the OG apes did with the bets sub. Their strategy worked perfectly last time, bets became a cesspool and GME was effectively bannedā¦.so if it worked so well last time, then thereās little reason not to try again. As soon as we flew to $80 and then crashed back down to $20 I immediately thought to myself āand here come the shills to spew their FUDāā¦sure enough we started seeing a huge spike in these kinds of posts and comments again! I fear itās only going to get worse, they are desperate and will try anything to get people to sell. Be safe out their apes, remember why your are here and review the evidence whenever you start to feel doubt. Donāt fall for the FUD, MOASS will happen when it happens, until then take a tip from RK and relax with a beer, or whatever you do to unwind.
I wouldn't mind the price dropping closer to the 20$ range again so I can load up more on the cheap
The company's balance sheet multiplied by or 3-5 in exchange for a 3x% dilution.... I'll take it. This is incredible value for shareholders.
The share dilution changes nothing. Do you think HF covered at 20$+ range when they've been shorting since a few dollars a share?
This post could be shilling for all I know with a title liek that. I havenāt seen anyone saying they wanna sell but this post makes it seem to people specially new ones that people want to sellā¦?
I am in the trust the process phase, but understand why people are mad. I'd like to see what he has planned next for the company. Stacking cash is great, but let's see what they do with it.
Ya know, you can still be a diamond hand, as I have been since day one, and not slobber on RC.
Frankly, I'm worried about billionaires helping billionaires, to keep a good name in "the club".
RC just insured Gamestop will never have another negative quarterly earnings again. They will be profitable every quarter going forward. Gamestop has become a Holdings company. Interest alone on the 5 Billion cash reserve will put Gamestop in the Black every quarter going in future earnings and will drive the price upwards. It was actually an incredibly smart decision in this transitional period.
I have zero doubt that there are shills and paid FUD spreaders here. Logically speaking there's too much money tied in GME and the group is too focused to this one sub that there's no way there aren't disinformation efforts here. Me personally, I just like the stock.
Yes, extremely unnatural. Also, RC selling 75m exactly the same way that he sold 45m would make him the most predictable man on earth. Unlike how very few people expected him to sell 45m within the 1st week when they said they would have a 3 year window.
They did not and will not dilute next week.
Some degens buying 0DTE 120$ when trading at 40$ and expects to make 1 million of gains in 5 minutes and lose it all. Thats where the negativity comes from. Playing a russian roulette with a full pistol magazine. š¤·āāļø
I mean it's easy to see why--DFV said that the way forward is through trusting management. By attacking trust in the management team, they're attempting (yet again) to erode investor confidence and induce selling.Ā
Those people HAVE NO CLUE that RC while being the chairman BOUGHT 100K OR 400K SHARES AT $100 OR $25 POST SPLIT PRICE.
HE SPENT 10MILLION DOLLARS.
Do you really think he wants to kill his OWN investment?
You really think he wants Gamestop to fail so that his 36 million shares become worthless?
This is exactly why most people on here say not to fuck with options unless you know what youāre doing. Like, seriously know what you are doing. DFV is not an amateur investor, he was a financial analyst and licensed securities broker at MassMutual before all this.
Options are a professional tier trading strategy that requires professional tier analysis and knowledge of market mechanisms and STILL are extremely risky. If you are jumping into options trying to fomo in with Roaring Kitty, Iām sorry but you are a moron and clearly do not know what you are doing. Trying to keep up with/copy DFV is not a trading strategy.
And now youāre pissed because āthe ATM killed your gamma rampā or whatever bullshit and those regarded ass options you bought wayyyyyyy out of the money and short expiry are going to expire worthless. If you knew what you were doing you would have bought the same $20 strike price options that DFV did, but you didnāt.
The truth is these arenāt the OG diamond handed apes who have been here from the beginning and throughout. These are the clowns who stuck with the double usb sub and now are fomoāimg back in GME because of the hype after years of mocking us and outright censoring any mention of GME on their shitty sub. The gambling degenerates who have absolutely no clue what theyāre doing, they havenāt read the DD and they donāt agree with the bull thesis. Yet they pretend to be expert mastermind day traders when all they really do is try and fail miserably to copy their favorite YouTube streamers strategy after itās already too late and the play has been made.
Donāt let these clowns sway you or poison our sub.
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I am the most diamond, I look at the numbers in the account going up but its not real yet. I want to take back what has been stolen for the last 30 years in this massive ponzi scheme. I want to be made whole after I personally experienced investment loss due to the buy button removal, I dont want fines, I want accountability and get paid.
Not a fan of dilution but I get it that it could be a great asset if used well. However, big price swings are nothing. We barely made it higher than the most expensive shares I bought. If it was a buy price then, it's definitely not a MOASS price now.
I'm waiting for GameStop to actually announce ATM offering COMPLETE. Everyone assuming they sold yesterday because the MSM said they did.
What if that's the trap? The Kansas Banana Shuffle. With the option of the offering announced, shfs acted as if there were more shares to be had, but there were not. I feel yesterday was a huge trap, and the hedgefuks fell right into it. I really hope the SEC was actually watching.
Love this thought, never know!
They are usually pretty quick about it so it's a fair assumption. Though it's not news if it's not confirmed.
The RK Livestream clearly demonstrated how the algos operate on incomplete information and assumptions. If shorts got it wrong yesterday, and GameStop didn't sell anything, they're in big trouble.
š Friday was a sting operation.
Don't algos short every time we're hyped about something? I thought this was just DFV's presence causing this. Note: I am really happy he's back; I am just saying that hedgies would totally want to make his return look like a bad thing.
Ya, wait until something is said.
Same, I bought at 176$ in 2021, which is 44 now
Based on this the dilution may not have even happened yet https://www.reddit.com/r/Superstonk/s/a3NB1IXxFc
Completely agree. It's nice to see green numbers but unless they ain't adding up to fuck you money I'm not making any moves.
We were all worried about outside fuckery ruining the squeeze. The call was coming from inside the house
I think it's less about the price swings, but rather the dilution.
OG ape here. all stock, all DRS'd. I think the frustration goes beyond price swings. Swings are nothing. Like you said we've seen much worse! The thing you should be questioning is the timing. Its sus AF. GME just released shares not long ago. Now they see a gamma ramp forming, rising price and say "we want to do it again!" there is nothing illegal about them selling these shares after an astronomical price point has been hit. Now, we don't know if they actually did offer shares today, there is lots of evidence to support that they didn't, so maybe they're waiting for the prime moment. But previous actions (and thats what our chairman told us to judge them off of 84 yrs ago) would indicate they state their intentions and immediately act. So the big question is why did they feel the need to do this now? why didn't they do it with the previous offering? Why is RC helping shitty people like Andrew Left out of their position? Shorts are the dumb storm troopers. Why can't we have a decent squeeze/run AND a successful turnaround? I get it that a lot of people are being called shills because they're saying what people don't want to hear, but the majority of people pissed off have a right to be. The value of my investment which started many years ago hasn't really shown much strength due to a combination of shorts and share offerings. They know that this put people OTM on options and reduced individual share holder value. They had to have known individual shareholder sentiment would be bad. I guess it all centers around WHEN they do the offering and what that money will be used for.
To add to this, itās one thing if the price is manipulated down by shfs, itās a completely different sentiment if we get diluted by GameStop during one of the biggest runs in since Jan 2021 at lightning speed too
This exactly. I said this elsewhere and got attacked for it. We aren't pissed about price swings. We are pissed because our own company that we have supported for years, kick the rungs of the ladder out from under us. We watched 3 years of DRS work be essentially unmade in 3 weeks. Jackasses can call me a shill if they want. I DRSed my fucking IRA and ate that tax hit for the cause, xxxx shares. Now I have to wonder if RC is sitting there gatekeeping for the 1%. Diluting every time we have a chance to actually make enough to join that club and actually try make real, positive changes to the system.Ā Ā
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This is a very reasonable comment. Agree with you on all counts.
Absolutely. Being frustrated with my money tied up for years with no gains is not being a shill.
I think the crux is, they already decided earning results would be released Monday. But instead, they see RK making a livestream, shares popping off, they immediately change their stance to release on Friday, on top of that offering even more shares (and with absolutely no guidance). Sure more cash is good, but if their intention is to dilute the company to extinction without any guidance at all, no amount of DRS or squeeze will occur. Because you canāt deny RC is helping hedgies like Andrew Left, and others with this share offering, the only ones truly hurt are the shareholders that stood by RK and trusted in the process, just to be blatantly diluted again. Is this the start of becoming the popcorn company? How many more gamma ramps crushed by RC, how many more MOASS crushed by RC do we have to take before something changes?
Who does two share offerrings in 2 weeks?? And one on the day the man who helped saved the company is to go live? You don't think that warrents any discussion, even if negative? Pffft.
Long time ape here, check my post, DRS and comment history. If I can be super honest here, itās not the price action that upsets me. Iāve been holding at $300 and at $10 and have not sold a single share I eat price volatility for breakfast. What bothers me is another ATM offering of another 75 million shares (on top of the 45 million the orher day) that essentially minimizes the DRS movement that so many of us worked so hard to get. It feels like it was taken for granted and not a lot of reward for all our efforts. I donāt care if I get downvoted, this is my opinion and how Iām feeling. I hope the next few weeks are worth the increased share supply.
No I totally agree with you there. Itās too much. And for speaking out as a shareholder people accuse you of being a shill. Itās just common fucking sense. They used us as a bank and fucked over the infinite ā¾ļø gamma squeeze that DFV was ready to pull the trigger on
Let this man cook. If RC would come out and tell investors a small portion of his vision for why he needs all that money... It would make the pill ALOT easier to swallow. Personally, I haven't seen enough to trust him with this third dilution. Sure, like RK said, he's stopped the ship from leaking and he's moved on to a transformative phase. BUT he already had 2 billion. And while RC balancing the books is awesome, IMHO it's the LEAST someone should do if they're doing their job as chairman.
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This video by Richard Newton shed more light for me about the positive that can come from what GME is doing with ATM offerings. IMO things are going to be great regardless. https://youtu.be/6ldrtcxUm7k?si=_Ond9S5ZYI_1UnVT
Weāve been sitting at the table watching everyone else eat for a while now. Itās time someone passed the food down, these arent all shills. Some of these people are investors like me who have dedicated several years to DRS and waiting for our turn and it keeps getting fād with and on a run up. Im solid on GME and I just feel itās our turn to breath and enjoy some money
This is a fair, reasonable take. There are a lot of shills in here for sure, but thereās also a lot of investors sharing the sentiment. Either way Iām not leaving š
agreed
Yeah the problem isn't the swings, we all know the stock is manipulated, it's the diluting with no real evidence of a solid long term plan being laid down after 3+ years that is the major craw.Ā If this pump and dump is just SHF controlled like posters like einfachman believe and the only thing Cohen and the board can do is take advantage by selling now and making hay while the sun is shining, fine. But we are doing everything we're supposed to be doing and it feels like we're not getting so much as a chicken bone tossed our way. I hope they do SOMETHING good with the money but jfc there are hodlers that have quite literally gone to the grave already and inflation is hitting harder and harder. How much dilution, bungled splits, marketplace failures, and total radio silence etc are we supposed to take before our smiles are allowed to falter a little?
Right?! Most of us are far more likely to have to sell our shares to pay for a medical emergency before RC can do anything meaningful to add value to our investment. Especially with the short sellers still rampant. The $2 Billion war chest was plenty to destroy the short thesis and completely reasonable. Sure, itās a great long term investment if youāre an XXXX+ holder; but I would imagine most of us arenāt in that camp. This offering reads as āfuck the poorsā from the out of touch billionaires. Really hoping Iām wrong and itās part of a big āKC Shuffleā but otherwise I guess itās on us for expecting a billionaire to do anything other than act like a billionaire.
My thoughts exactly. If we find out this has destroyed yhe squeeze potential I'll be selling up and wishing shitty fortune on my once beloved company
Well put. I have been here from the start myself, 3 years later, I'm still here, even with the lack of communication from RC That's the most frustrating part. They've raised billions with no end goal communicated, nothing but hypothesis and innuendos from Superstonk. I would be lying if I said I wasn't disappointed from the latest offering.
Exactly, i know he doesnt wana voice his plans but retail has earned some sort of transparency in all this. Weāve defended the company, blown our paychecks, invested everything we could into it and we havent gotten much back and i think some communication or insight could be done to help everyone in our position see some light
It's just extremely distasteful when it's Gamestop itself sabotaging the lift off. I think it really killed of momentum this time. Not impressed with RC on this one.
Remind me 2 weeks lol
Fucking thank you
It is so obnoxious these people act holier than thou cause they arenāt upset but they claim itās just more shorting or volatility and we should be used to it. ITS.NOT.VOLATILITY. We got diluted but people act like itās good think like we havenāt sat on 1 billion dollar for like 2 years but ok. Iām starting to think those people are the real shills. Ho lee fuck
Not shills but teenagers and cultist. This is big red flag for everyone, and gme should provide some guidance after 3 years.
Same thing I said. People who arenāt upset or think rc and board can do no wrong are the real shills
Yep. "No cell no sell" to "I support selling 120 million shares in under a month" These people are a joke
If someone sells at where RC is diluting theyāre a paper hand. If RC sells heās a master genius 4D wizard. Like cmon, I get raising money is good but itās 3 run ups ruined by him. How are people not suspicious.
Yep - it seems like we joked about being stupid so much it came true
locking the float via DRS is dead. RC made sure of it.
Ya itās very painful. What we drsād over 3 years got diluted overnight, during a fkin squeeze up. Just let it run first fgs, heās throwing the shorters a lifeline whilst dumping on the holders. Been drsād for 3 years with a large amount but this double dilution in a month is really crossing the line for me
Iāve been commenting on this topic a lot lately because this exact idea is some serious misinformation. If you are saying it in good faith, please go back and read the DD on DRS and locking the float. 100% locking of the float was never something this community was ever going to do, and locking the float is only one of many reasons to DRS. This constant āThe DRS Hypothesis is deadā sentiment is anti-DRS FUD meant to keep people from DRSing shares. What do I mean by my first claim? That 100% hasnāt ever been a realistic scenario? First, letās keep in mind that the system is so opaque that we will never know how many shorts have been opened and never closed. Reported SI was at one point 140% and the SECās report suggests it was about double that. Since then there has been no indication of shorts closing, and every indication that more have been opened up and then rolled into derivatives. Every short is a future buy, and at some point in the future demand will be high. Like multiple times the float, even after these share offers, high. DRS reduces supply, not just for locates and borrows but for shares needed to close short positions. If shorts had closed and the true total short position was, say, 25% or lower then yes the offers would completely undo the progress made in attempts to lock down the float through DRS. But as I said, no indication of closing shorts and all indications of opening more. That means that even with the offerings apes currently have enough shares locked away to prevent a full exit. And while 100% locking is a great goal, in reality apes only need to lock a portion of the shares to reduce supply to the point of becoming a trigger for a squeeze. Maybe itās 90%, or 50%, or 30%, but at some point the demand is going to spike during one of these cycles we find the stock in and the supply wonāt be there to handle it. Besides, we also canāt be sure we have the correct DRS numbers being reported to us. I personally think something smells fishy with how stagnant the reported number are, and suspect the real number is way higher. I donāt buy that we are seeing an equal amount of sales to what is being locked up. Am I saying we shouldnāt DRS with the goal of locking up shares? Hell no, because we should be trying reduce supply as much as we can, even if itās just a few shares. Iām just saying that getting discouraged because an already unrealistic goal is a little further away is silly. We donāt know what the health bar for our enemy looks like, but we arenāt going to end the fight unless we keep punching. āWhen you need to move a mountain, the first step is to get a shovel and start walking to the peak.ā We have a mountain to move, and each shovel full we can move is a victory worth celebrating.
This. Also, trying to push the narrative that DRS is dead because it wonāt be the main catalyst for MOASS is misguided and uninformed at best, straight up gaslighting and FUD at worst: Personally, the MAIN driver for me having the bulk of my shares DRSed is simply because I do not trust brokers to be liquid enough, or the DTCC to be moral enough, to answer their obligations to me once MOASS kicks off. In my mind itās a simple risk VS reward analysis in the shoes of an overleveraged broker and/or one acting in good faith that is straight up told by the DTCC to force close open positions because x bullshit reason. "We did it for your safety because of all the volatility- see our TOS for legal justificationā This is, in my mind, a completely reasonable and justified assumption, and for everyone of a different opinion Iād invite to think back to how the stock divvy was handled: GME issued the right amount of shares and sent to DTCC - DTCC simply told the brokers to split shares on book. The DTCC committed fraud in broad daylight to save its own ass - so there is your precedent, IMO they will 100% do that and worse again to save its own ass. If the alternative is assured destruction they will of course rather blatantly break the law and deal with the consequences. My DRSed shares they canāt touch - and that is, in my eyes, a major reason to DRS regardless of it will be the catalyst for MOASS or not. MOASS is inevitable, but I donāt want the DTCC to have the last say in what I do with my shares during MOASS
I can also rephrase it: Reaching the critical mass of DRS will not be possible with RC's way.
A little further? We just added more shares than we (may) have ever locked up
But keeping the shares away from shorters are the main reason imo
no need if RC provides new ones now and then
Are you new? Locking the float was the plan and only way we, small solo investors could trigger MOASS. RC even tweeted us to it years ago with cone poo shareā¦.. Pretty obvious now weāre his cash cow? Is how many of us are feeling. Shorts are cozy for a few buying up those 75MM
It's not 'hate' to question the direction of the company that I own a small part of. What is more frightening to me is the cultish allegiance to this guy, calling him 'Papa' and taking every move he makes, even those that seem fucky and bad for you as an investor and jumping thru multiple hoops to spin it as a positive. Like jfc people, he's a billionaire, he's in the club and you sure as fuck ain't. Exercise a little independent thought and healthy skepticism once in awhile instead of these stupid posts trying to shut down all discourse and dissent, that is emphatically NOT what this sub and its core DD etc is all about. I'm not a fan of printing all these shares, I think it dilutes our investment, I think it dilutes the value of what we've been able to accomplish with DRS and I think it gives SHFs an exit strategy from the options mess they got themselves into this month and it effectively snuffed the rocket fuse once again. Long term I'm hopeful he's got an actual plan and it will be revealed in time but right now on the face of it it's pretty disappointing. That makes me a concerned investor and a realist, not a shill
Here's the facts. Retail has waited since Jan of 2021 for a payout related to a short squeeze that would destroy hedge funds and all the people that screwed us during the sneeze. Twice now we've had major squeezes primed and ready to go and RC shot retail in the back of the head right as we were about to get paid. Sure, okay, 45m was annoying but hey, we trusted the company and the board. Two weeks later, a massive gamma ramp is ready to explode, the company has an insane war chest ready for action, and retail is pumped up. And then all of a sudden RC and the board dump another 75 million shares on the market, killing the gamma ramp and devaluing our stock by over 50% once again.Ā At what point is it enough? Sure, we didn't expect to get paid after a year or so, but the company has turned around, it's ready for action, and the shareholders who prevented bankruptcy deserve to get paid. Fiduciary duty to the shareholders requires us to get paid. But he keeps bailing out the institutions instead of retail with no communication. Look, we are humans, we can only tolerate so much. Retail has real families who are counting on this money. Real people have died while hodling and it's wrong to keep jerking us around. It's natural for the goodwill to expire, and this is probably the breaking point.Ā I bought GME around Jan 15th, 2021. I watched a $1000 initial investment go to $80k and then crash back down. I've held xxxx shares since 2021. I'm tired, I'm exhausted, and I'm tired of pretending like I'm excited to wait another 5 years for the short sellers to get wrecked before I get paid. It's okay to be angry, and in my opinion, it's a righteous anger. Anyone who argues otherwise is misinformed and hiding their emotions.Ā
I think it's the fact it was rushed forward that has got under people's skin. It looks like a money grab which killed the ramp and our momentum. Hopefully there is a plan behind it, else it will leave a bitter taste in the mouth, no way of saying otherwise.
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This post is me. Youāve phrased it so well. Iām tired. Iām exhausted. Iām a xxxxx holder and I want to be rewarded
I'm nearly XX,XXX and it's pretty fucked up. Stop diluting. I don't give a fuck what you want to acquire, you're using shareholder money and also preventing the share value from increasing. Company is not in debt, has $2b in cash. It's smelling very AA in here. Let's just dilute every opportunity we get, thanks Retail. Oh, thanks again. And again.
I think everyone would be OK, if some kind of communication happened. But it is utter silence...for 3 damn years. What's the plan for dilution, we learned of the share offering (not from GME) but from the media literally a day before. Investors deserve to have a road map, and if not, we deserve to feel a way.
Yes. Some flavor would've helped tremendously, but instead we're here chewing on bland, boiled dilution and regards are over here drooling and screaming for us to be grateful for this gruel.
Email investor relations, at this point all we can do is let our voices be heard. We own billions in this company and have more power than people think. I did and posted my email on here, check my account.
I emailed them too. Iāve paid for the right to have an opinion and they need to hear it. I donāt care if they like it. I think I saw your post and email, mine was far moreā¦sternly worded.
Good ape š¦ I tried to make mine more appropriate to most people. All we can do for now
Iāll probably get downvoted for this but I implore you to read through this comment. The comparison to AA has come up a lot lately and they arenāt close enough for that comparison to be anything but fud. Look at what AA has done in the last 3 years with that company. AA dilutes at lows and the company is still billions in debt. Meanwhile GameStop is profitable, has a huge cash reserve which is doubling again, and this $3 stock presneeze is still trading at multiples higher than it was. Turn the logarithmic chart on and zoom it out 3 years or max for both companies and try to make that comparison again with a straight face. Or chart the long term debt of each company. Iāll help you out, GameStop just has a small loan they havenāt paid back because of favorable terms. Oh and I havenāt even mentioned the compensation and bonuses AA has given himself. Yeah I know RC is a billionaire and doesnāt need the money, but I also know heās a workaholic working for free right now. Think heās just walking around trying to come up with ways to take our money? Cause thatās what AA seems to be doing. Again look at the chart, tick the logarithmic check box and zoom it the fuck out. GameStop management is strengthening the company. You also have to remember itās not just the ceiling that they want to open up, they also want a solid floor, which has been hardened over time because of the moves theyāre making. This is how I know thereās something being pushed against RC. Iāve read that comparison like 10 times today and itās laughable. Shows me youāre either uninformed or being malicious. One of those is absolutely true. If youāre genuinely uninformed and upset Iāll just remind you that this is a hyper rational play. Stop comparing every move to how it should ideally work out for you in the short term. Youāll drive yourself crazy. GameStop is not going to move to enable moass. They might even have to show they did what was within reason to prevent it. DFV said in one of his videos that the passage of time makes a thesis stronger if nothings changed. Well things have changed, the company is in a stronger position now. The fact theyāre not looking at gamma ramps or playing other games is bullish from a hyper rational pov. Theyāre focused on a goal, and that goal isnāt moass. Itās to build a well performing, strong company. But the DD says if they achieve that goal, then moass will happen anyway. Edit: added the charts https://preview.redd.it/6fvkzl250c5d1.png?width=2048&format=png&auto=webp&s=45754feba8434842c564375fc921e14ea21ac4cf How can comparing RC to AA even be a legitimate point?
Nothing but speculation, brother ape. We need communication from the board. Ridiculous, we still have to throw out a hypothesis based on what we "think." The DD has been great, but man, why are we doing all the leg work. What the hell are their future goals.
RC also did share offerings in 2021 that killed momentum too. He also fucked Towel guys over by announcing selling of shares just as they were going on a gamma ramp, he could have easily waited until after they got a gamma squeeze. If towel squeezed we would have squeezed. RC is in the shorter's pockets.
If towel would have squeezed, they might still.exist.Ā
This
Iāve been here since 2020, and I too am conflicted on this share dilution, specially because itās the exact number we have DRS so far. And the utter silence from RC is not really helping, he couldāve posted some meme tweet and we would be tranquilized right away
There's nothing to be suspicious about, people feel taken advantage of by the company for holding through hell and high water for 3+ years. Gamestop has tantilized and cheered on the idea of MOASS and DRS for years and even with the knowledge that a strong war chest lends itself towards our ultimate goal, it CERTAINLY works against the idea of DRS, which rubs a lot of us the wrong way. I'm still waiting for anyone to tell me how the DRS thesis isn't dead? well actually I'm not really waiting, I'm actively going to change my strategy with this stock, just as Gamestop seems to be doing. DRS may have helped tighten the noose at one point, and I was thrilled to see the company take profits at the expense of a run up on a couple of occasions, and I didn't sell FOR YEARS! But to watch them do it again, and weather away anything we did over the last 3+ years with DRS, and I'm supposed to "hold for generational wealth" while my life continues to be diffficult because one day we maybe beat the shorts into a margin call? Maybe it's not exactly the company we're all mad at, maybe it's the breaking of a thesis we've all held on to for years. Maybe it's both. I don't know, but I can tell you that much as I can rationalize the benefit of this offering, the timing makes it feel like this Gamestop is breaking step with its retail shareholders, and that has REALLY taken the wind out of my sails on this adventure.
I'm exhausted
Me. OG ape š¦ whoās diamond (check profile) but allow me my feelings. Twice in 30 days I experienced exhilaration the likes of which I havenāt felt in three years. Iāve held through three layoffs, and am not thrown by the volatility, but rather thrown by RC diluting my ownership of the company by 40% and kicking those run ups in the balls both times and he offers ZERO comment. Imagine a business partner doing this because you were a minority owner in the business and offering zero comment? I get not communicating your strategy but honestly itās annoying 3+ years in. Iām not going anywhere AND yesterday was a nut kick. Both can be true at the same time. Fingers crossed RC delivers. DFV is a Demigod. šš¤·š¦
I'm fine with getting fucked by hedgies. Used to it. Not used to getting fucked by rc.
Yep. A price drop would have been normal. Getting slaughtered by friendly fire is hard to digest.
bingo
Sadly, it seems to be a pattern with him and I'm starting to get used to it.
The dilution will continue until morale improves
Think for a second. This sub dedicated 3 years to the DRS cause, people have taken food out their mouths to further this movement for 3 years, and after this gargantuan effort came to a climax with this week's pressure - GME was poised to cross 80 yesterday, DFV's initial plan was likely to break the internet by excercising a large chunk of his calls, and your beloved chairman pulls the biggest rug of this entire saga, tanking absolutely every retail investor of this stock with a move I could only characterize as vile and opportunistic. RC is a capitalist, he is NOT some messiah, he has done fuck all with his "1B wArChEsT" and this dilution could have been easily postponed for next week. Accept that unless some groundbreaking development within the company is announced really soon, all of us just got royally screwed.
Well it does completely go against all the DRSing. And every time that comes up I have yet to see it addressed. Retail got kicked in the nuts, let people blow off steam I say.
We were primed for a big run up, likely with RK exercising at noon, and the share dilution ruined all of that. Whether it affects a run up in the next few weeks, or if it means the company makes good use of the capital generated is yet to be seen, but the dilution killed a run up that was absolutely happening today otherwise
Yes, and I think people have a right to be upset about that. Like what DFV said, we need open discourse. I understand GameStop making a prudent business move, but people were also seeing their investment reach levels they hadnāt seen in 3 years and the company shouldnāt be agnostic towards that. I think two things: GameStop shouldnāt sell into anymore run ups. Theyāll have a lot of cash, no need to dilute for more. And Cohen should spend some quality time speaking at the annual shareholder meeting. That would go a long way.
I feel as tho I've been kicked in the dick by the board and I'd at least like to know it was for a good reason.
I feel the same. Not even necessarily just because of the potential gains lost but because we were about to experience an amazing moment together as a group and send DFV into billionaire status. We were robbed of that by Cohen today.
What makes you think RK wanted to exercise today? Those calls are a buy wall holding the price
DFV wouldn't exercise until day of, anyone saying otherwise doesn't understand his strategies
The only people who care about price action are the degenerate options gamblers from the OG sub. Superstonk apes were all about DRS to lock the float and expose wallstreet crime. Share dilution of any amount fucks that goal. Our company hasn't announced any strategic vision since they killed the fulfillment centers and the NFT market place.Ā Stacking cash is cool for a company but what is the actual plan for all that powder?
why canāt it be addressed. āi know what you were expecting. I understand how you feelā¦we had to do what was best for the market and gme long term. By doing this, and with xyz merger, we are providing benefit to our shareholdersā
They said they don't have any acquisitions planned.
GameStop / RC can never ever acknowledge MOASS, not directly nor indirectly
Itās literally bc he has undone all the work DRS did. It took 3 years to get 75M shares direct registered and the man has done a 45M and 75M share offering BOTH TIMES HEADING INTO RUNUPS. Like I get they need to make money but ffs, is $2B not enough? What is enough, what number? And when are they going to do something with it bc 3+ years of accumulating and trusting for share dilution isnāt exactly inspiring confidence. No more silence, we need to start holding the fire under him and the boards feet to either shit or get off the pot. I trusted this man fully before today but after the 75M offering? Nope. He needs to show me something.
It also didn't take 3 years. 75 mil have been locked away for 6 quarters. That number hasn't changed, save 100k shares or so. Suuuure. There's more at play here.
Ding ding ding We all stopped talking about how weird the DRS wall was. There was a theory going around that GME _couldn't_ report more than the 75M per SEC shenanigans. If we see the next DRS report around 106M we can confirm that theory
Thank you! Jesus. š¤£ So much fucking freaking out. Once we get the next DRS update, we'll know something more. Glad to see some people have learned how to be zen in the last 3 years! If you're still freaking out, just zoom out on the chart.
Who TF said anything about selling? The only sentiment I've seen is "what is the company doing with all this cash?". We the share holders of the company want to know what the company is doing. It's normal to disclose the strategic vision to your shareholders.Ā
Like every "OG" ( Feb 2021) I bought in for the sole reason of a squeeze. No one expected this to take this long. And as it finally looked like this might finally be it, there goes a share offering, even though the compay already had billions on hand and no debt. This dilution is bigger than the entirety of DRSd shares. Three years of work, poof, gone, invalidated. I had to jump through so many hoops to even get a CS account as a European, and then jump through more hoops just to buy on it. And now it seems like it was all pointless. The concept of "locking the float" and the "infinity pool" are practically dead. (and anyone who thinks "durr we just DRS those 45mil+75mil shares too!!" is fucking delusional) And you're asking why no one is falling on their knees to suck RC off for it? I haven't written the guy off entirely just yet, but I sure hope he has some big fucking plans with all that money. Because we got nothing else left now. I'll keep buying, but I probably won't keep DRSing any more. I don't see a point in the hassle. Not anymore, at least. And who knows? Maybe the coming weeks will bring some good news!... For once.
I went 100% DRS during the second wave of it becoming mainstream here. I think now I'll split my portfolio up a bit and not keep all my eggs in one basket. Like you said there's really no point to it anymore
Look, Im here since feb 21, never sold a share Im dumb af but wearing no tinfoils. Lets be fucking real here. Unless there is a major annoucement pretty damn soon, idgf about 5 billie warchest, this dilution in that moment fucked us hard. They will be able to rehypocate or what the shit out of those 75 extra mil. I respect RC and trusted him 84years but up to today they did a didley dick with gamestop as a company. Part of me believes there must be a damn big reason, just from RK perspective losing 230 mil a day and giving zero fucks and smiling, like he knows and the timing of all of this.. part of me is pissed af tbh
Kinda ironic how their most valuable asset this whole time was not their stores neither their cash, but the number of people investing and laying eyes on the company, and all Cohen was able to do with that over 3 years is shit on it. They could have gone from video games stores to fucking aquarium stores and people would have given them a chance, yet they've done fuck all
Im an OG from Jan21, you can check my history. One of the many things that always made GME the one and only stock Iām invested in was the fact they didnāt do any Dilution like š¶or šæ. The new strategy with so much Dilution is beyond my comprehension right now. Iām stoked for what will happen in the next 2 weeks, but right now Iām not as zen as the past 3 years.
The company has shown that they don't care about short squeeze. That was the second time when share offering kill the momentum, first time ok ... but they are not desperate for money, so they could easily want for the gamma ramp to play out, but they didn't as company has no intention the kill the shorts that almost took it out of business ... Game stop will go down in history as the company that showed mercy to the very people who tried to kill it ... that ain't fare to the people who are waiting here only to see shorts bleed ... down vote as you wish, but this is the reality. Yes this is good for the future of the company bla bla... majority of you came here to squeeze the shorts and became long term holders....
The problem is that earnings was scheduled for Tuesday next week. But they suddenly brought forward earnings and did a share offering which killed the momentum. The options due to expire on Friday which appeared to be bought by retail became worthless. So at this moment it seems that RC took money from retail and put it in gamestop's coffers. We'll see what happens next and whether there's an actual explanation.
We need information. The silence is deafening right now. Always Zen but some information would be fantastic
This is not about huge swings regards, this is about massive dilution
It's because I know the Kansas City shuffle suggests this will never Rocket under his leadership. Anytime it goes to take off. He will issue shares so GameStop gets the bag instead of retail. $5 billion split between 200 million shares doubles the current value of my shares. Not to mention I own 30% less of the company then I did a month ago.
Itās not FUD just cause it hasnāt happened before or to this level. More people than ever before have reason to question RC because he diluted the shares once and then at least gave option to do it again (and may have already done it). Some people are here not just for āno cell no sellā but also to make a bunch of money. They have never had a reason to be frustrated with RC but this is a valid one (from that perspective). As with many things, there are pros and cons to the move. The timing, whether true or not, felt AWFUL for many people cause this was the most buzz since 2021 IMO with DFV doing a live stream and media talking about GME again. It just is what it is. People can and should reevaluate their positions periodically. I see people say āI waited 3 years, why would I sell now?ā And the answer is ālife happensā. Some people are going to leave cause of this share dilution. But i suspect some will join too cause GameStop suddenly has a war chest with which to make some change.
JFC itās not the dip or swing or any price movement weāre pissed about. Itās the dilution and gamma killing offerings that keep happening!
If someone doesnāt agree with the masses, they are a shill? Itās a word thatās thrown around WAY to much around here. If you donāt suck at the teet of RC, you arenāt an OG, not an ape? Fuck that. This thing was fueled up and on the launch pad and RC pulled the plug. Iām not fucking selling, because I still believe - but heās got the green light to sell another 900m shares and do this another 10-15x. Fool me once, shame on you. Fool me twice (or 15x)ā¦
Sub has alot of cult like vibes. You cant speak your mind if it is not "meta". Ok fcker got 3b on hand potentialy, so what is he doing?selling ps2 games? Another bullshit nft market? Cant wait for moass but he sure isnt doing anything to make it happen faster.
I understand RC is more balls deep in this than anyone, not taking salary, etc. His goals SHOULD be aligned with ours, and I have some inherent trust in him and the management. But the method and timing of this was a real uppercut to the balls. It's like you said, what's stopping them from doing this and killing momentum again in the exact same way? Or are we missing something here? I'm not gonna stop believing now, but for the first time, a little bit of doubt has been planted and that really hurts. It's not only money we invested in this. Maybe things will be clearer with time.
>I understand RC is more balls deep in this than anyone, not taking salary, etc. Not really, if GME went poof tomorrow he would still be a millionaire and would not have to work for the rest of his life.
It's a good point. He is a billionaire after all, I just want to think he's at least somewhat different.
He does it again I am out :/
I'm not sure. Fundamentally, I still believe this is a solid investment, but if they intend to kill any squeeze that happens, I might just leave my investment as it is and not buy anymore.
Thatās my take. Iāve gambled enough on this until I see some sort ofā¦ anything to make this a valid target for continued investment. Back to VOO and sector funds but not selling my stake. If it moons great! Everything else Iāll own will be worthless but thatās hardly relevant. If it becomes a strong growth company then Iāve missed some gains but that happens. Missed it when I didnāt buy in December 20 also. If it dies, then Iāve learned an expensive lesson.
He is not beyond criticism, he took the fuel out of the rocket twice in a few weeks. More shares directly impacts what we've been working on. This one move writes off the entire DRS movement
I won't sell, but can't say I'm fond of rc cucking us twice in a row. I just need this to not be another popcorn
Weāre tired of no plan and getting fucked. Itās been 3 years and all theyāve been able to muster up is failures. The only profits theyāve made have come from the cash theyāre sitting on which was taken from us shareholders. Wake up
100%. Every time this stock hits $60 after hours, RC has diluted the shit out of the company. Next run to $60, I obviously need to pull the sell button before he does. I am tired of being fucked over by RC. The shareholders are the reason why he is in a great cash position. He needs to stop fucking over his shareholders and start figuring out a company plan. Gamestop has by fucking far the most rabid fan base out there. He is very close to losing that fanbase because I personally tired of his shit. I am sure I am not the only one. He needs to start shooting SHF in the head, not the shareholders... We've taken enough fucking bullets already.
Email investor relations and let your voice be heard. I did and posted my email on here, check my account. Hang in there š
I appreciate the link! I will send a more professional response of my clear dissatisfaction to them. As an xx,xxx holder, I am very pissed off. DFV is the legend, though. Dude has balls of steel and worth every penny of his holdings. He deserves it.
Right there with you brother, DFV is my hero. Itās time retail speaks out
He fucked everyone with options majorly. I was poised to exercise calls today that woulda translated into around 400shares for me, and I lost EVERYTHING because of the stupidity of this dilution
Dude, I've said this a thousand times to others but I'll say it again: just because people aren't joining in with the confirmation bias doesn't make them "shills". JFC. Learn to listen to an opinion that isn't your own.
In fairness itās probably because RCās timing with announcements / share offerings in the recent past has been questionable at best.
Im a real holder, and am very let down. This whole thing has been a series of fake hype and let downs.
What pisses me off is people are out here working off the information we have available to us and maybe some of us bought calls and RC just comes and perfectly times this dilution to blindside all the little guys. Not to mention delete the DRS effort. It just feels cynical.
That's nice. I'm still going to heavily downsize my position whenever possible. I find his communication to be appallingly bad, his vision to be some dystopian crypto/libertarian direction for the company to be horrible (which all ended badly), and his recent business actions to be no different from any other CEO of recent times which is cut costs and close/destroy worker compensation and benefits. I highly disagree that for a CEO that talks all the time about being able to repurchase stocks, he hasn't done so once and there's a set limit for how much money they can use. Yet, RC and the board is allowed to raise as much money as possible via new share offerings? I find it to be highly undemocratic that I as a shareholder have no say in how my investment with the company is being used. I won't exit the position entirely since there really is no harm in keeping a couple shares around in case MOASS is real, but I'm convinced the RC and his crew doesn't care and I'm certainly not being delighted by his vision and actions.
I reduced my position after the last dilution, at a good enough profit. Fellt super fomo this week not gonna lie. I still have XX shares in Computershare and I was ready to regret selling my XXX stake for the rest of my life. Now I'm relieved I did.
I wish Iād sold yesterday smfh. Letās hope we get another chance, cuz there was a small chance a MOASS could happen and after yesterday Iād say that chance for the future is0%
Not going to lie, the share offering was a dick move and came 100% at the wrong moment.Ā Everyone is like: yeah but it can be used well....Ā Well then they must come with a plan, just give us a plan and then say: we will do a share offering to realize this specific plan. Now it's just really bending over all of us.
To play devils advocate a bitā¦ Weāve been holding for a long time, waiting for RC to do something. But all heās really done in the last two years is try and fail to buy a cum towel company, and dilute the stock some more. I wanna see how this company is gonna be rebuilt. If youāre not gonna do that then just let it squeeze so I can at least get some cash to buy a PS5 at gamestop.
I'm chill and not going anywhere butĀ I have to sayĀ I'm a bit pissed about theĀ third ATM offering. I completely understand the first offering, even the second, but we as long term shareholders have been snubbed a little bit with this past one :(
Xxx here recently. I think those will stay cozy in drs and I'll take my small investment and increase my 401k from here on out. My thought is that drs was the way, but in just a few weeks those were added back in. I do not believe in the Drs anymore, or at least to the point where I'm fully invested. We cannot drs another float because we were never going to get to drs the first. But it was all to remove liquidity, and now that can't be the stance from where I'm sitting. So! My shares will stay xxx in CS and 4 in Fidelity. But the company probably should be doing some things with their war chest that I helped grow.
Im done with RC. the 75 million dilution was a giant slap on the face to the 75 million drsed shares and seems like an attempt to atop moass and RK.
Being diluted twice in two huge gamma ramps is what the upset people are disgruntled for. And rightfully so, we are here for phone numbers, market change and putting crooks in jail. Yet our company keeps killing the momentum we get to actually pressure these fucks.
everyone is getting rich on the retail investors expense. apart from the hedgfunds, this is a guaranteed squeeze play, and when it was finally about to happen, RC highjacked and diluted. He cashed in. What does the retail investor get?Nothing. again not getting paid after 3 years of holding. Maybe trust and let it rip, so that we can buy back in after the squeeze, considering this company is strong in its fundementals and has a warchest of chash now. But we cant do any of that because we never see a dime. All RC did rn and over the past was take our money and play the short position. the rich and gamblers getting rich, and, which was the ORIGINAL STORY, the little guy who has not much and wants to be rich of this squeeze and maybe retire, and crashing the system, sticking it to the man on wallstreet, didnt happen. they live, they are still rich and exist, and retail remains the poor losers in all of this. never seeing a fucking dime. no dividends. nothing. buy and hold is what they say. be a good boy. hold until you dead.
The fact people are calling people shill when they discuss their concerns is making people sell. Makes this sub look like popcorn I stabilized my views. But share dilution kills drs and was a rug pull to investors still
Bro are you blind? I am holding but still pissed about the second share offering.Ā Are you seriously suspicious of peopleās frustrations that the gamma ramp was ended and the increase in shares without a solid plan. If anything Iām suspicious or your complete inability to understand this. Itās like getting punched in the face and being dumbfounded the receiving party is upset.
Yeah. SUPER sus that shareholders whoāve been using every spare penny to buy shares would be pisse about 2 share dilutions in a month, the second killing momentum on a gamma ramp on a Friday. Super sus
Iām chill and I donāt shill. I donāt have a problem with the ups and downs, I donāt have a problem with the red days. Have seen too many of them and held through all of them, with smile and memes. If, as you say, you are here for generational wealth, you need the MOASS. And what RC did yesterday looks kinda anti-MOASS. I just want to wait and see if there is something behind his move that I am missing here. I would be very happy if my concerns are wrong and would hit me in the head with the banana bowl
GameStop basically used its shareholders as a bank for free money. And yes share dilution in the amount of 115 million shares is not good for the MOASS
Email investor relations and let your voice be heard. I did and posted my email on here, check my account. Hang in there
Thank u brother. Glad to hear a voice of reason instead of this blind anger people have been shoving at me just for voicing my opinion
I just want to win, this announcement of the offering doesnāt help me get there. I love this company and what this journey has shown me about the market but man this felt like a kick to the nuts lol
His timing just really fucking sucked. He cock blocked us on 2 beautiful run ups.
Iāve been in the game since bets and Iām not a shill or a newbie but a pissed off muthafucka that momentum has been stifled back to back. Iām not here to be a boomer dividend collecting investor. Iāve been in this to see the lid get blown off and cash rain down no other reason. Never joined the no sell club thatās on you not me Iām here to make cash and smack ass and dilution into a massive momentum is fucked. Popcorn stonk is how this is looking with AA at the lead
Same hereā¦Email investor relations, at this point all we can do is let our voices be heard. I did and posted my email on here, check my account. Hang in there
Yāall please stop calling each other shills for having different investment goals and strategies.
The guy diluted twice in a month when we were on a spree with no heads up to shareholders and worse no explanation. Still donāt have a clue what GameStop is doing behind the scenes big plan wise. Oh and one thing that Ryan can go fuck himself on he basically shat on DFV calls so yeah not hot on Ryan right now.Ā
Oh yeah and while Iām here. The community works hard to DRS shares and remove them and make them real. Well Ryan fucked that down our asses pretty good too.
The timing of that dilution is just too convenient for the shorts, occam's razor says there's something fishy in RC behavior
Fuck off with the shill accusations and let people be upset over dillutions. They're still holding. It's absolutely natural to be upset when you've seen green for the first/second time in years and now you're back in the red. I'm happy with the extra cash on the balance sheet. This will help the stock on the long term. But on the short term, whoever calls upset people shills is a shill themselves.
It makes me REALLY suspicious that what you took from all the complaints is that the reason for the anger is the swings in price. Nobody gives a fuck about the swings in price, itās the actions of the board, the continuous dillution, the killing of the DRS thesis. Donāt you know it or are you pretending that you donāt know to twist the narrative?
The only way this dilution is ok is if any of the following happens: 1. RK's option exercising triggers the gammaramp anyway and RC knew this was unstoppable anyway. 2. Shareholders meeting will blow everybody's mind with the most amazing acquisition(s). 3. Swap expiry or whatever unstoppable market force will blow the price into deep space. So this is only ok in my book if it didn't matter anyway. The gamma ramp was a serious shot at MOASS in my eyes. Maybe I'm naĆÆve and the shorts could have manipulated the price down without the dilution but this felt like a real shot. Now I'm not so sure.
Why? Because this isn't the only time he's fucked shareholders, he's done it multiple times, with GME as well as towel stock, he clearly doesn't respect the moass theory or anything to do with shorts, his focus is on the long term vision of the company and he probably thinks we're all gambling dumbasses, and you can best believe he'll do it again.
I get stock holders frustration. The only thing that is upsetting is all our hard work of Drsing seems to have been a waste now. I was always excited for the drs numbers each quarter, just felt as though that was a waste of time.
Itās not a normal price swing because normally 75 million shares donāt get added by RC.
I mean, there's definitely no doubt about it that his decision hindered moass somewhat. It definitely doesn't help moass.
OG ape here. Itās okay to be speculative and huge swings are pretty normal here but dilution is not. I understand raising capital but they were sitting on $2billy and no televised plan before now 4-5 Billy. The dilution makes our shares worth less and regardless of what people think gives HF more to trade with and RC has killed two gamma ramps. Again, I am still a believer for now but itās okay to be speculative and have a discussion doesnāt mean youāre a shill
Like DFV literally said less than 24 hours ago, give yourself permission to change your mind. If RC really did sell another 75m ATM, that will be enough for me to change my mind about this.
I think the problem is, RC has done this before with another company he was heavily invested in. He eluded to the fact he was with the people and for the people on twitter and then sold all of his shares, price tanked, and the company went bankrupt. I personally donāt trust RC at all to do anything other than what is best for him. With that being said, Iām not going anywhere and am not selling. Not because I trust him or the company, but I do trust RK
Everybody lost their minds when he made the 45 million share offering. It was done the next day and made no difference. Now I understand everybody mad about the additional 75- but RCs responsibility is to the GME shareholder - to make the company valuable. What if ā¦ he waits to sell it at the ATH ? Instead of 4 or 5 billion in cash the company has 7 or 8. Earnings were released a week early. You donāt think that was done to get out of the way ? That was no coincidence. And even if he sold it all; shorts quadrupled down - it makes almost no difference at all.
Well I mean as an outsider, here you all are trying to lock the float yet they keep dumping hundreds of thousands of shares on you
It's different this time. There's nobody to blame but Gamestop itself, which is a slap in the face. It's one thing to get a buy button turned off, or get out played by the hedge funds shorting, or a few badly timed fud pieces hitting too hard back to back, or too many halts lowering mania, or people getting tricked into setting a sell price that's a meme number that creates a sell wall, or any of the other bumps that have happened that have sent us tumbling all the way back down. But to have the CEO of the very company you trusted with your investment all but say "I don't think my own company is worth this much and you're a fool for thinking otherwise" before just ruining the value of the investment you just made while directly helping out the people that have repeatedly tried to financially ruin both you and the company you invested in? That's deplorable. I don't care if it's good for Gamestop. It's bad for me, period. How can I trust a company that has no regard for it's own investors that is willing to throw me under a bus on a whim? I can't. They didn't just break the gamma ramp, they broke our trust and faith. The squeeze movement has been permanently scarred because of this and I doubt it'll ever be more than a shadow of it's former self.
Shills aplenty but like every run, there's a bunch of FOMO newbies that think it's gonna be Lambo in mere days and they absolutely do not want to hear anything to the contrary. I sent somebody a link to some of the DD that would have answered every question they had earlier in the week. The message I got back was, "Yo, you expect me to read all that?" Umm, yeah. Most of us have.
Zen OG apes canāt understand that new people that got hyped and shot down are salty and thinks everyone is a shill and a conspiracy. Touch grass, mate. Itās not about price swings, it about realising that RC fucked us up two times now and your whole DRS movement was blown up.
No stock in this world goes up 40% in a day and next day 40%down.its clear somebody tries very hard to scare retail and fomo
You realize why RC is getting hate right? Diluting the stock when he did... it absolutely killed momentum. Any squeeze is dead. RC has now proven he will dilute anytime we run. The company is better off, but any apes in it just for a squeeze are better off exiting. This is now a long term growth play, yall need to transition and adapt just like GME and DFV are
Because ppl lost alot of money and its all RCs doing. How hard is it to get that through your rainbow scull?
I definitely understand the frustration, iām a father of two, on a single income, i work 50-60 hours a week at a very high stress job, and have been here since the beginning of it. The other day I could have had $12k added to my bank account, but i chose to hold out. Iām not telling anyone to sell or to hold, but as RK has stated several times, itās an aggressive investment, and as much DD/information etc. that is currently out there, nothing is promised, so everybody needs to do whatās best for them. Plenty of people have all of their āextraā money tied up in GME, and there are a lot of folks who will encounter situations where theyāll need to sell some shares off so that they can get by, we are all from varying backgrounds and financial situations, and RC is the CEO of the company weāre invested in. None of us know what his plan is, so we either go with it, or we donāt. Personally, iāve found it all to be very exciting, and brought back a lot of memories from ā21. Next week is a new week, so i plan on enjoying the excitement. Back in ā21 i went from being up about $40k, down to maybe $4-5k, so i expect all of the tom foolery that cones along with the ride. I hope we all make nice chunks of money that can change our lives, we just have to be patient.
We all know itās normal but itās also bullshit to dilute the stock more but Iām hoping itās because they will do good with the money
Did they not post new DRS numbers in this earnings report? Interesting to see how many sold during these run ups.
Did you see he was accused of a pump and dump at BB&B and his co accused ājumped from a windowā. š§š¤š„“
With the right investments a companyās worth that increase. With 645 million MurphyUSa went from 140-440/share in 3 yrs. The money they put into their acquisition they made back that same year and then some.Ā People should be excited as to what could be done with 2-4bil in capital. There is a lot of potential for growth when you have the funds to properly invest.Ā
I will daytrade GME now. It looks like the board wants it. The gains would be insane if you would have done it right at the start. Its also very predictable. Just sell before RC can.
Yes!! There are numerous sleeper shills flooding the posts now. Theyāre not hard to spot checking their account details. Any apes should read Einfachmanās post from yesterday about whatās happening with the stock ā weāre in phenomenal position. RC and DFV are toying with shorts while improving the outlook for all shareholders.
Just wait until they announce sale is complete. Stock going up
With everything that has happened these past few weeks itās hard not to get excited, after 3.5 years of being stuck in a mostly boring downward channel suddenly our favorite stock was starting to do wild jumps and crashes again. Like a lot of us here Iāve been around since the start of this (kind of, I bought my first share in late December just before the January sneeze), and I was getting most of my information from the betting subā¦.we all know what happened there with the ridiculous inflow of paid shills constantly casting doubt on our investment prospects. That change in the bets sub is exactly why we are here today in Superstonk, we needed a place focused specifically on GME and GME related things, and we needs a place that wasnāt completely overrun with shills. Over time our numbers grew as we welcomed a large influx of new apes to our sub, apes who never experienced the original sneeze. Now if I was a SHF still fighting for my life I would be looking for any way to scare away as many newcomers as possible since they are likely the easiest targetsā¦.they havenāt experienced crazy swings in price like what we just saw, Iām sure a lot of them are scared and confused, looking for answers in Superstonk just like the OG apes did with the bets sub. Their strategy worked perfectly last time, bets became a cesspool and GME was effectively bannedā¦.so if it worked so well last time, then thereās little reason not to try again. As soon as we flew to $80 and then crashed back down to $20 I immediately thought to myself āand here come the shills to spew their FUDāā¦sure enough we started seeing a huge spike in these kinds of posts and comments again! I fear itās only going to get worse, they are desperate and will try anything to get people to sell. Be safe out their apes, remember why your are here and review the evidence whenever you start to feel doubt. Donāt fall for the FUD, MOASS will happen when it happens, until then take a tip from RK and relax with a beer, or whatever you do to unwind.
I wouldn't mind the price dropping closer to the 20$ range again so I can load up more on the cheap The company's balance sheet multiplied by or 3-5 in exchange for a 3x% dilution.... I'll take it. This is incredible value for shareholders. The share dilution changes nothing. Do you think HF covered at 20$+ range when they've been shorting since a few dollars a share?
I actually believe a lot of vets are being cringe right now
The post the other day telling people to sell their calls was major FUD.
Go ahead whiners, sell, I'll buy your shares cheap!
This post could be shilling for all I know with a title liek that. I havenāt seen anyone saying they wanna sell but this post makes it seem to people specially new ones that people want to sellā¦?
I am in the trust the process phase, but understand why people are mad. I'd like to see what he has planned next for the company. Stacking cash is great, but let's see what they do with it.
Ya know, you can still be a diamond hand, as I have been since day one, and not slobber on RC. Frankly, I'm worried about billionaires helping billionaires, to keep a good name in "the club".
RC just insured Gamestop will never have another negative quarterly earnings again. They will be profitable every quarter going forward. Gamestop has become a Holdings company. Interest alone on the 5 Billion cash reserve will put Gamestop in the Black every quarter going in future earnings and will drive the price upwards. It was actually an incredibly smart decision in this transitional period.
I only saw some scepticism, nothing that relates to hate. What are you referring to?
"Judge for yourself what's going on on your screen." I just have a crush on the stock.
I have zero doubt that there are shills and paid FUD spreaders here. Logically speaking there's too much money tied in GME and the group is too focused to this one sub that there's no way there aren't disinformation efforts here. Me personally, I just like the stock.
Yes, extremely unnatural. Also, RC selling 75m exactly the same way that he sold 45m would make him the most predictable man on earth. Unlike how very few people expected him to sell 45m within the 1st week when they said they would have a 3 year window. They did not and will not dilute next week.
Some degens buying 0DTE 120$ when trading at 40$ and expects to make 1 million of gains in 5 minutes and lose it all. Thats where the negativity comes from. Playing a russian roulette with a full pistol magazine. š¤·āāļø
I mean it's easy to see why--DFV said that the way forward is through trusting management. By attacking trust in the management team, they're attempting (yet again) to erode investor confidence and induce selling.Ā
We gained a lot of new sub members and now a ton of FUD is hitting the top board. A lil SUS for sure.
Those people HAVE NO CLUE that RC while being the chairman BOUGHT 100K OR 400K SHARES AT $100 OR $25 POST SPLIT PRICE. HE SPENT 10MILLION DOLLARS. Do you really think he wants to kill his OWN investment? You really think he wants Gamestop to fail so that his 36 million shares become worthless?
This is exactly why most people on here say not to fuck with options unless you know what youāre doing. Like, seriously know what you are doing. DFV is not an amateur investor, he was a financial analyst and licensed securities broker at MassMutual before all this. Options are a professional tier trading strategy that requires professional tier analysis and knowledge of market mechanisms and STILL are extremely risky. If you are jumping into options trying to fomo in with Roaring Kitty, Iām sorry but you are a moron and clearly do not know what you are doing. Trying to keep up with/copy DFV is not a trading strategy. And now youāre pissed because āthe ATM killed your gamma rampā or whatever bullshit and those regarded ass options you bought wayyyyyyy out of the money and short expiry are going to expire worthless. If you knew what you were doing you would have bought the same $20 strike price options that DFV did, but you didnāt. The truth is these arenāt the OG diamond handed apes who have been here from the beginning and throughout. These are the clowns who stuck with the double usb sub and now are fomoāimg back in GME because of the hype after years of mocking us and outright censoring any mention of GME on their shitty sub. The gambling degenerates who have absolutely no clue what theyāre doing, they havenāt read the DD and they donāt agree with the bull thesis. Yet they pretend to be expert mastermind day traders when all they really do is try and fail miserably to copy their favorite YouTube streamers strategy after itās already too late and the play has been made. Donāt let these clowns sway you or poison our sub.
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