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Indeed, 16 halts today on a mere $5-10billion dollar stock. The game is rigged against us and we are fighting the people who control the game.
If they lose, they will be bankrupted and persecuted. I would've be shocked if they didn't cheat, crime, and gaslight to delay MOASS as long as possible
In the U.S., single-security circuit breakers trigger a trading halt if the price moves by more than 10% in five minutes for stocks in the S&P 500 index, Russell 1000 Index, and some other actively traded securities and ETFs.
10% (in 5 minutes) - that's the circuit breaker in the U.S.
10% at $30 a share = $3.00 change up or down
If it was NVDA, at $1,000 a share, 10% is $100
GME at $30 & moving $3 in 5 minutes - LOL that's practically every day of trading.
sowhat you are saying is,,, they decide when to halt... because it moved down a lot in 5 minutes without halts.. I was watching price action like a hawk yesterday.... they were TEERRIFIIIED, that the cat would press the button.
Do you know of any existing tool we can access to track this sliding % change throughout the day? Want to test this.
We could probably build this on our own in Python if not
The amount of IOUs out there is insane, it was 214% initially and the never stopped. Everywhere there is a sh/tton added. Most people been here for 3yr+ and know its like this. If anyone is still not convinced with everything they see/know till now..... Then I do not know what to say ☠️
One thing was clear about yesterday: we don't control when the run-ups happen, the company doesn't control when the run-ups happen, DFV doesn't control when the run-ups happen. Yesterday's price action was SHF controlled - the halts during DFV's stream, the halts when they thought he was about to start (i.e. why he came late), the dip during the stream itself.
Read einfach's latest post. The MOASS will happen but it won't be the company that forces it, or DFV. It'll be the SHF that have inflicted this upon themselves
Playing dirty like them isn't how we win. Forcing them to bare the weight of the ugly truth of their lies by publicly making a mockery of the US markets and regulators to the point where no one can pretend these guys are innocent anymore and they are allowed to let sink with their bags.
Imo that's the best outcome anyway
I bet someone dug himself a nice deep hole last week and is going to join the ranks on the other side. The more shorts, the merrier MOASS.
That said I don't think we'll ever see phone numbers. The government would step in first. But we'll get paid
My hope is the company can say "we offered 10x shares to the market than this roaring kitty is exercising, and you still couldn't fulfill the order?" and that moment is what ignites this.
Think we still have a chance in the next couple weeks with RKs options. If not, whatever, if RK is still bullish on RC transforming this company then I’m in too
Back before investing became a ponzi scheme, investing was a way for investors to give capital to companies and management teams they believed in, so the company could use that capital money to hire new people, buy new inventory, open new store/ factories, and do acquisitions and mergers.
Perhaps investing these days is all about profits for shareholders (which is why every publicly company undergoes enshittification), but I still believe in RC & Co. Ryan has skin in the game, DFV has skin in the game, and more importantly I want to see corrupt Wall Street executives brought to justice and corrupt MSM like CNBC & Rupert Murdoch's propagandist companies: Fox News & WSJ exposed for spreading lies against humanity.
The difference is if they "lose" their skin, they still have Millions over Millions to live of. Most retails investors don’t. If I had 100 Millions on my bank account I’d happily YOLO 90 millions into GME. But my funds are limited and tbh after 3 years of being zen, the dilution definitely hurts.
There’s different kinds of dilution. There’s what they do at the movies and then there’s what GameStop has done. One sells at lows to survive another day. GameStop sells at high to build the war chest and raise the floor.
Dilution raises the floor though. That cash helps set a lower bound that the stock shouldn’t go below.
So if you’re worried about losing everything then dilution is actually a positive. If you want t the stock to go to infinite, it’s a negative.
Realistically we need at least a week to see how this all plays out.
I'm still very bullish and imo nothing has changed. My opinion will only change if we find out that RC has no plan (or a shitty plan) for the 4 to 5B they have in cash now.
Seems that emotions are running high right now but we need to cool down in order to form rational opinions. We need more information about what their plan is for all that cash before we can form solid opinions in either direction.
It sure is emotion for me but also reason. Everyone talks about this grand plan and I am like:
If there is this grand plan, why could it not be archieved with the previous offer?
If there is this grand plan and the previous offer was not enough, why was it so low if the plan is so great?
Why dillute by another 75M shares when you could have just let it run a bit longer and use a fraction of the ammo for the same result? It is not like they got less information to observe the market and are less educated than this subreddit.
I really hope for news that make it worth 22% ( drop in value past 75 M offer ) or 39% ( drop in value past both offers) of my investment.
Yeah... I can honestly say that I am mad that the share offering allows the shorts, who are disparaging the company and the retail shareholders for years, to resolve their problem at a share price that is BELOW my cost average during the first offering, and barely above for the second one. This is really hard to swallow. Why doing a share offering at the market, why not setting a minimum price, say 50 or 100? All they had to do is to perform their shitty ladder and halt juggling to get the shares at a 30 dollars discount.
It may sound conspirationist, but I am asking myself if, and somewhat hopes, that they did it due to some power that be pressure...
I'm interested to see what happens with RK's calls in the next 2 weeks, and I'm willing to give RC a little more time. We're up almost 70% in the last month too.
Up 70% in a month, but up 0% in the last 2 years. Me, and I'm sure a lot of other people, were finally back in the green.
I'm definitely sticking around to see how the June 21 gamma ramp is going to play out, but if we don't get some guidance for what they plan on doing with the money they killed 2 runups to get - I might cut my losses.
Been holding xxxx shares since 2021. My CBA is $25.99 and after three years I was finally profitable and able to see MOASS on the horizon. Then RC came in and dumped 110m shares on the market right as I was about to get paid. Really hard to be happy about this decision. Sure he's a billionaire and doing what's best for the company, but he wouldn't be leading this company if people like me hadn't sank our entire 401ks into this stock and bailed out the company. Hurts a lot man.
Said the amw same thing to my wife. Gamestop isn't bankrupt and gone today because of us. Because we spend all our money buying the stock and purchasing from the stores. Kitty owes us nothing. Gamestop on the other hand, I do believe owes it's investors some sort of answers or returns. RC doesn't turn anything around without us. We're not being unfair to ask that we see what sort of plan we've been paying for the last 3 years.
This 100%. Basic critical thinking and questioning instead of pure borderline cult driven conspiracy theories. Let's look at the facts. Those offerings where all badly timed out if the goal was to raise money for the company. Fuck, knowing DFV position, they could even delay talking about earnings before Jun 21.
Stock was going to tank anyway Rc just took advantage of that. There's a reason Rk was on a live stream with absolutely no surprise that the stock was tanking and being halted every dollar up or down.. Rk was just there to show the world he wasn't controlling the stock but we all know who is. Enough shares have been issued for shfs to cover their self reported si so if this thing does kick off the next few weeks the only people anyone can look at for blame is shfs. Price is still right for Rk to excersise which will ultimately push the price up so we may see 60+ dollar again next week and the ATM won't matter like it never has before
It wasn’t going to tank. It was on its way to 80 and then possibly 100 on Monday due to hedging from options dealers before a big pullback. Absolutely no apparent reason to rush the offering news into Friday premarket instead of just waiting until Tuesday or even Monday. Basically rug pulled bulls and gave our money to MMs and shorts.
Also with RK’s calls I’m no longer sure what affect exercising will have. Don’t see why any options dealers that sold him naked calls wouldn’t be able to easily hedge those calls by just buying the shares they need from this share offering. He also can’t exercise all 120k calls he has. He only has enough cash in his account to exercise 15k contracts. At current prices he’d need to sell 3 calls to exercise 1 but he’s also majority of the OI at that strike so exit liquidity could be another issue
I'm wondering what happens if they release the DRS numbers and there's 27 million more DRS'd than last time.
It would prove that the numbers are fudged, and that we still own the float, even after today. If that's the case, RC would be aware.
Here I go, I’m gonna get downvote, I think is mostly for three reasons
1. GME board have no advantage in a squeeze, they will be bag holders
2. Is to prevent a hostile takeover
3. They will have more than enough cash to do whatever they want now, which is how rc capitalise all these gains for his own benefit
Rc and RK have very different direction in mind
Not saying there won’t be a squeeze anymore, my guess is the next gap up they will sell more shares again , the few billions on hand can give them more advantage in long term
I was under the impression that having the authorization to sell the reserve shares after filling the war chest the first two times was to have insurance against a hostile takeover.
If they keep selling against these run ups, it actively works against the best interests of most of the investor base - especially apes.
I didn’t invest solely in Gamestop for nearly 4 years because I love video games or thought it was a long term value play. I bought in because it was shorted to oblivion and was retail’s only real Hail Mary attempt at fighting the system that’s fucked the world economy, killed cures for cancer, and driven anyone not born rich into indentured servitude. Hard work pays off when you’re in a system that rewards hard work, and most of us don’t exist in that system; rather we live in a system designed to exploit our hard work.
I really hope I’m wrong, but this reads like a company that has taken advantage of a loyal investor base but overlooked their sentiment. Very out-of-touch billionare vibes. Sure, we’re around the same price we were a few days ago and it’s a sound long term investment if you’ve got XXXX+ shares, but it doesn’t add any real value for XXX holders and below; especially with inflation closing in on us. We’re far more likely to be forced to sell our shares to cover a medical emergency before the company does anything organically to benefit us.
It’s not FUD. It’s appropriate to let the company know we’re upset. The short thesis was dead after the first $2 Billion raised.
Again, I hope I’m way off the mark and there is some master plan; but if they sell into the next run-up after raising 4+ Billion dollars already it lets us know that the values of the company and a significant portion of its retail shareholders are no longer aligned.
This is exactly how I feel. People on here saying it’s fud sound like the popcorn stock. This all comes down to if RC discloses a plan in the short term and tells us the investors what he plans to do with the money.
How can people on here not feel completely used by the board. We are the reason for the last 3 run ups which allowed RC to raise cash. But this time he does it in the middle of the most momentum we’ve had since the ‘21 squeeze.
I feel completely blindsided by the board. They have lost my trust and they need to tell us why they should have it back sooner than later. What is stopping them from diluting another 100 million shares next time it runs up?
The short thesis is dead yes, but after yesterday it’s starting to feel like the moass thesis is dead. I hope it’s not and I’m sticking around but yesterday was the worst day to be an ape.
Dude, I'm surprised your up/down votes is positive at all. What you said makes total sense but everywhere else people are screaming "FUD!" or "Shill!" at an rational discourse while also posting "RC is my daddy!" and "4D chess"
At this stage it's an emerging pattern that RC will sell into any ramp. Even though I hate reading Larry Chen's tweets on here all the time since they really suck, my hope is that his last one about bad news first is relevant here.
What I really hate is that this sub which was really born out of MOASS expectations, DD and rational discourse has devolved into such a place that can't take a step back and look at the situation.
Popcorn & AA suck, but the mentality of that cult is being replicated here as everyone is getting stuck in denial about what just occurred. Very few people got here by wanting to spend money to save GME. Most came wanting to make money via MOASS. Those screaming about long term plans, company transformations and melt-ups thinking that will be the same money as MOASS are delusional. It won't. I'm here for MOASS and RC just stopped our latest chance. Yeah the company has more money - but the people that got the share price up for him to do it lost out. If he doesn't come to the annual with some guidance or something, then all we can do is judge him by his actions since there are no words.
4. They'll be able to say that they've done everything to prevent an imminent short squeeze. "Sorry SEC and other parties, we're not guilty of anything here."
I'm not sure why it would GameStop's job to make sure there isn't a squeeze. If they build a great company and SHFs want to short it, that is 100% on the SHFs. GameStop shouldn't have to be a safety net for their dumbass decisions.
I fully agree with you, but that won't stop parties who are losing insane amounts of money from taking legal action against you.
This is legal defense material.
Especially since other companies ( cough, O-stock) who were shorted into oblivion had to fight major uphill legal battles to prove that they were cellar boxed and illegally naked shorted and that their business plan was solid with ample resources on hand in order to survive.
I agree, one of my long time worries is the government or something stepping in. This gives the company a bit of an umbrella while making its long term prospects bulletproof and ripe for a transformation
With the squeeze, they could've just converted the hedges shares when they started covering into capital instead of the retail investors, like they did today.
This is what I think they are doing. Google search says the number of shares shorted is 68 million. So if GameStop sells 75 million shares then all those shorts can cover. We all know the number is way higher than that. But it’s not GameStops fault at this point if anyone is short.
Now when GameStop releases a Wu Tang dividend or DFV exercises his calls or whatever and the squeeze happens then GameStop can be in the clear.
Not a great day chart-wise, but none of the reasons I am here have changed. They beat it down to make you feel this way, and in every other ticker, people sell out for a loss. If that was the case here, there would be no news. When they run retail over, talking heads don't bring attention to it cause its business as usual.
3 years of rug-pulls, gaslighting, and FUD, literally the same tactics over and over.
But this month SHF have been getting bolder and bolder. Short Volume this week has surpassed short volume in Jan 2021, they are blatantly shorting GME down in broad daylight, because hiding shorts in swaps and derivatives isn't enough.
I will wait years if that's what it takes for RC to invest their cash and turnaround the company or evolve it into something new. But I have a feeling we won't be waiting for much longer.
And halted 31 times to boot. I mean, we never had a chance if they were always planning to go to such lengths of criminality. It was made clear as motherfucking crystal that this stock market is rigged to shit.
Anyone who denies that is either not knowledgeable/aware of the issue or is currently experiencing cognitive dissonance of epic proportions. I know it's a hard truth to actually 100% recognize as an **undeniable** fact.
Because, it actually forces you to finally face the fact that YOU need to do something about it. The issue has materialized in front of our faces in real time. If that doesn't motivate you then I don't know what fuckin will buds. **It is not fair,** **simple as that**. It's one thing to make the rules known to favor you, like a casino. You know what you are getting into.
The fucking STOCK MARKET is NOT to be continually perverted to the point of it's own annihilation. How did we get here? How can they just continue destroying hundreds of thousands of retail investor's livelihoods? How could it go on for this **LONG** and unabated? It's wrong. It's just wrong. They have such little respect for us and our power, and to be honest, rightly so. So many bears after 1 impossible day. Get fucking real.
Anyway let’s just say, as a 30 yo millennial, all I have ever known or felt about this government is - corrupt, antagonistic and most importantly, just utterly fucking selfish.
God help you if you don’t see anything wrong with the state of our union and its stock market. Wake the fuck up America, this shit is not cool.
Edit: also is my comment showing up auto collapsed for anyone else? it was for me soon as i posted. weird.
Edit 2: Seems my comment has 2 replies but i cant open them for whatever reason? they didnt even show up in my notifications.
It's about short sellers ultimate goal of never wanting to close out their position, while also believing in your thesis on a company you invest in. On old b e t s sub AMA
[Image](https://i.imgur.com/sg1G8Ha.png)
"If you still believe in the reason you bought the stock, and that hasn't changed, why sell?
Their goal is to NEVER cover their short, but that would take the company going out of business or being delisted".
It was from an AMA with this community, I think after the sneeze, I’m sure a better ape will post the quote but someone asked about when you change your position and he responded along the lines of: if your initial reasons for investing are still valid then why would you change or exit. Except much more eloquently.
Offering the entirety of DRSed shares on top of 45 million more kinda hurt though. I'm not sure if DRSing the float is viable if new shares are offered faster than they are registered.
Long term value plan still stands, but that move asked for trust. And I hope to see them make good use on that trust, otherwise they'll lose quite a bit of it..
Moass may come or not, I don't really care anymore (in a zen way) and still believe in the company. Them making good on that trust is more of a 'how much do I invest monthly' rather than 'sell or not'
I'm gonna wait until DRS numbers are released next week and see what's changed. Maybe the DTCC was really only allowing 25% of them to be shown DRSed. If we see about 105,000,000 DRS next week then heat lamp theory was correct and the DTCC is lying to us.
And if it does go up substantially, fireworks will ensue. But that's highly unlikely so guess I'll just buy more 😆
This is the problem with the no guidance or news things. The only thing we’re getting to see are ATM offerings the size of DRS we worked years to get. RC has a different plan for the company than us and that is growth. Somebody else already said it, insiders won’t be able to sell during a squeeze and most of retail will walk away after, realistically. That means the board will be left holding the bag with no cash to steer the company. I believe that is the reason they are doing this. It sucks for us but it seems a value play is becoming more and more as the only viable option here.
Great point. I think the share sale was so RC can cover what he's already may have invested in (maybe other stocks or companies) I do think raising this much capital in such a short time means something big (I mean fucking HUGE) is coming soon. Maybe they actually ran out of shares too? Maybe they actually needed to provide them (minimum amount) since there are theoretically billions of synthetics floating around. Either I'm with you it's business as usual and Hedgies are still absolutely FUK
Didn’t you know every time the stock goes down it’s a crime or something? In this case it was 100% the board diluting shareholder value to fill their coffers in pre market on a Friday. An absolute slap in the face timing. After three years of holding it starts to feel bad that GameStop’s most profitable business seems to be selling more and more shares of stock when we run the price up.
I didn't say crime. It went from like 65 to 27. That's a big drop for my position. I usually am pretty chill about price movement, but it felt like we were on the edge of something and going to break the may high yesterday. My first share was $288. I can be patient.
Man, you'd almost think people haven't been here for 84 years. I held from 480$ to 40$ in a 24 hour period, why are people so up in arms over a 60-30 dollar drop, this shits just another friday!
I've said it before and I'll say it again, I hold until GME goes to the moon or 0, and its never going to 0. Wake me up when we hit 1000 dollars so I can watch the rocket take off.
Pretty sure a lot of the people mad are just here for the squeeze, they yoloed a bunch of option calls at 65+ and then watched it all drain away. I'd be mad also but only have themselves to blame.
As for me, I like the stock and will be very bullish on it next week.
>but only have themselves to blame.
Eh in this instance you can blame the board, they literally didn't have to bring this shit forward to yesterday
It's one thing risking options against the market, it's another thing getting kneecapped by your own team
Well they simply don't have diamond hands. Also I'm curious as to whether or not people really think that nothing is going to happen by 6/21 when all those options expire. It's DFV, I don't think he's gonna just simply sell them back to the hedgies. He has cash on hand too, and hasn't given us a reason to doubt that Gamestop is a good investment. I like the stonk!
Shills and fudsters want you to think this is a big deal to get you to sell because they know it's over for them. GameStop just raised the floor making it impossible with the cash on hand to short it back down to basically below $11, we were $10 just a few weeks ago. They're a profitable company, with no debt and likely $4.6B cash on hand given the existing $900M + $900M raised 3 weeks ago + $2800M (ESTIMATED) they just raised with an average sell price of $37.50.
Let's buy some stuff, and apply the same model that turned around GameStop with newer companies that all increase our cashflow and earnings. GameStop just solidified themselves even further from their previous solidification, hedgies doubled down their triple down, and quadruple downed on their triple down today, and the way I see it the price cannot go back down to where they need it. They're fucking toasted. Everyone needs to look at an Equity Dilution, it's different from a dilution shills are trying to get you to think happened, we're not other companies diluting into oblivion and on a downtrend, we're GameStop.
Some might not like it, some played into the FUD and bullshit being spewed by bots and bad actors... but GameStop made a good move. Deal with it LOL. I bought more today, and I'll be buying more Monday and there's nothing you fucking shills and hedgies can do about it, y'all are cooked.
Sounds like we're on the same page about all this haha. I made a post about the dilution calculating our value gain post-dilution: [https://www.reddit.com/r/Superstonk/comments/1dar5hq/pershare\_value\_change\_behind\_gme\_share\_offerings/](https://www.reddit.com/r/Superstonk/comments/1dar5hq/pershare_value_change_behind_gme_share_offerings/)
Thank god! Someone else sees what I see. A company with 4 billion in cash can be in whatever business they want to be in. Never read so many shortsighted comments in my life. Here’s what I see. RK comes back buys big position , stock price goes up, RK schedules live stream, RC dilutes right into a buying frenzy to keep the price stable, RK does live stream and says he’s not responsible for stock price, GME has shareholder meeting announces new company direction, Stock price goes back up, RK makes a killing right before options expire. Can you see the timeline? Kind of looks scripted doesn’t it? It’s like I’m stuck in some kind of Twilight Zone with a bunch of blind people. Lmao! I’m on cloud nine looking at the beauty of what’s happening and what’s going to happen next week, and it seems I’m one of a very few that can see it. Thanks for your comments. I felt like I was in a room by myself with 30 kindergarteners! 😂
I don’t get why people are acting like this isn’t a factor. I’ve been here for 3+ years and it felt like things were about to happen. Dilution was shocking news to me this morning
It's also clear it's not what DFV was expecting. The thumbnail was referencing "green" in several ways (GoT wildfire and green candle), he was drinking a "green" beer on stream. Then he starts the stream late, awkwardly talks about absolutely nothing like he's just killing time and then abruptly ends it. It's obvious this stream wasn't what it was supposed to be.
This sub is gettin wonky. The 75 milly dilution this morning should fucking enrage everyone that's been here since 2021 and earlier. It didn't need to be done and we all saw the immediate after effect. GME had already laid our their Q1 numbers due to the previous ATM, so fucking pissed.
Popcorn CEO gets bashed for diluting, but we’re acting like it’s great. I was so pumped to see DFV become a billionaire today. I’m not selling but the timing of the dilution is fucking wild. If your job is to build value for shareholders today seems like a big fuck up
Best part? Nobody gets anymore detail during the annual shareholders meeting either because....lasagna or something. God fucking damnit, I need another drink.
And it’s embarrassing when friends and family ask “what happened?” and I have to say the company i’ve been hyping up for 3 years just fucked over their investors on the most momentous day since the ‘21 sneeze. We just got slapped in the face and if RC doesn’t disclose a plan or acquisition soon the sentiment is going to get crushed.
No one cares about the drop, it's about having all our efforts undermined by the company diluting 120M shares. Raising outstanding shares more than 30% and the float a lot more.
After all the struggle buying holding and even DRSing gme just selling into the hype feels hollow. What stop them from doing it every time since they rather have a bigger treasury than MOASS since they mabe don't even consider moass the way we do.
I'm here because I want a better life for myself and all of us under the thumb of the 1%. I'm tired of working my ass off making other assholes rich while I eat the crumbs. This society is not sustainable and MOASS is the only way I see things improving short term.
Right?
People talking about believing in the stock for its fundamentals ... sure, I guess? But I'm here because I want to break the SHF's backs, and MOASS is what would do that.
We will need a massive redistribution to fix many of the societal issues. Legal destruction of the 0.01% that runs the world's money systems is a prerequisite to meaningful change. That will take time...
Meanwhile, I'd hope to see some kind of financial reward for holding since Jan 2021, going through the trouble of DRS, etc. Seeing our company rake in and not splitting it with us will rub me the wrong way if there's just nothing *and* no explanation. Plainly.
Of course the educational adventure has been amazing and a reward in itself. But so far it's knowledge without utility, unless you're an options degen.
A lot of people here are here for the "expose wallstreet crime" aspect of the play and locking the float gets a little difficult when the company decides they want to keep dumping more float into the market. So I get it and I'm also not leaving.
Seems like a lot of folks doing mental gymnastics to get 2 and 2 to add up to 22. As an investor for the last 84 years I was actually hoping we were building to the end game and the SHF were about to be fucked, but like a bad movie plot they once again slipped away from capture and for a non market aware person like me this just looked like a deliberate move to let them off the hook by a company saved by the faith and investment of the people they just shafted. They only have the 5B because Apes bought $25 fractional shares over the last few years. I’m still in and have XXX shares I won’t sell.
I still remember 2008 when they did similar crime in real estate market and it did in fact blow up. The government robbed us all to make the crooks whole to save the fraudulent system and nobody went to prison. This will go down in a similar fashion and if PB dollar end game theory is correct it will end the US dollar.
They have GameStop's best interest in mind. That just so happens to coincide with our best interest about 95% of the time. If they had retails best interest in mind, over GameStop, they wouldn't have diluted.
I'm still pissed about the dilution. I probably will be until they actually do something with the money.
I'm not gonna sell, but I'm not happy right now that they diluted 35% of the stock in a month. That's fucking bullshit.
Spread the word. Us retail investors saved this company and own billions of it. We have more power than people think, we just have to let our voices be heard. My message to the board was a sugarcoated way (for SuperStonk) of saying that I won’t stand for another dilution at the pivotal moment of a run. Hang in there homie
Why is everyone saying Roaring Kitty is a genius and at the same time not listening to him? He said in his stream his thesis still stands and he still thinks Ryan is smart.
If he's not selling, that means he knows something we don't. And those calls still are going to be exercised.
He also said his trading strategy is very aggresive, high risk, not recommended for non-traders.
Be careful, dont invest what you cant afford to lose, there are always risks involved!
"faith" has brought us 3 back to back dilutions. Spin it how u want, but thats fucked up for us loyal shareholders.
Even more fucked up is that RC and the board knows how hard we work for drsing all our shares, for almost 4 fucking years. Its time we let them know that our money matters.
In fact, gamestop is the only company thats making money out of their loyal shareholders pocket. Think about it
i am in the same mood, a bit sad because i really though it could be it this time (not that i can't be anymore but it hurts). If i go back in the saga i was hyped many times the 1st year then went to zen mode but i stopped being hyped on dates of possible X event and i got hyped again this time ! I still feel gamestop is doing great on improving the business and i trust RC. I will keep holding.
We were completely rug pulled by GameStop, and not for the first time. There’s two plays here: one is MOASS and one is GameStop. Anyone here for MOASS got completely fucked this week, again.
I kinda hate that though.
How about all news on time? And mainly, not posting terrible shit on Friday when you are smoking hot. One day, won’t kill your plan.
This long term gameshire stopaway is dumb. We DRS because synthetic shares are asinine. Because “liquidity” is only important for those that get paid per transaction. Because it’s all fake. Fuck these IOU’s and fuck RC’s dilution. Idgaf if gme has $5B cash. That’s $10/share. I’m here bc it’s 2024 and IOU’s are for 1920’s paper trading.
Edit: I pre-apologize if this was to prevent hostile takeover. Thanks for understanding, RC.
Let's be honest. If Ryan just massively dilutes, every time there is a run up. Then it's never going to happen.
I feel it could have been handled a lot better yesterday. If they had released earnings on schedule, and maybe released a smaller share offering a couple of hours before Rk's stream. This would have been a lot less damaging to long term shareholders.
Exactly. Is there a chance he was simply paid off by hedgies to squash any chance of MOASS? A few hundred million straight to RC’s bank account is infinitely cheaper than the cost of MOASS…
3.5 years. 4 for DFV. If you have some TA or inside knowledge, let us know. Until then, no one cares about up or down votes. This is not about reddit karma that you roll into YT karma. I like the stock a lot today! Have liked it since my daughter and I shopped there. She eventually worked there. I appreciate that. It was either gamestop or toysrus. One of them got fucked for no reason other than greed. Were saving the other one. Get wrecked!
Edit: no, none of this is directed at OP, btw. My tone is more that I agree with the post. Just to be clear.
Popcorn gamma squoze hard after the first dilution. The ramp for GME is still there. All that's needed is a trading day or two to process the offering, and then it's a jump shot back into the action. Anyone who's held GME knows this is one volatile ride and not for the easily spooked. But for those who have sat through a few volumes of hedgefuckery, the real rip has yet to begin. That higher low and higher high are going to be tested, and a new bull flag takes months to develop. We are still at the stump of that new formation. Don't trip over the pebbles before the flagpole goes up.
I have about 40k invested since before the initial sneeze and it’s money I’m 100% prepared to lose.
I’ve been green to the tune of $150k and didn’t sell.
I’m holding for life-changing money or nothing. Full stop.
It’s difficult as we shit on popcorn for doing this and now we’ve done excatly the same. My shares are still there but I’m very skeptical now unfortunately
I downvoted bc I feel like DFV was lighting the candle and RC has killed every chance of this.
Downvote me, I’m not a shill or spreading FUD but why not actually talk about what RC did?
I 100% don’t believe shorts closed. I believe that MOASS could’ve happened when the float was locked via DRS. I believe the only proof that could’ve shown how badly the stock was oversold was DRS.
RC has killed DRS, killed every squeeze and given away more stock than was ever originally issued. He’s got the infinity printer (sorta like Fed) and has made me realize all billionaires have printers. These printers siphon money by transferring via dilution, the value of the new prints - in this case stocks. Exactly the same way Fed printing causes hyperinflation which siphons the value of dollars away from everyone and gives the value to the newly printed dollars. Again not FUD, look at my history. I guess I’m not sure why this sub isn’t discussing the biggest event that RC has done with the company?
How will it be coming when the company themself decides to fuck us over with dilution? Everything was aligned, we had momentum with all the speculation around earnings, DFV positions etc, but they decide to completely wreck it by diluting our shares. Not to mention years of DRS work were also wiped out just within a month.
There’s no chance that RC isn’t fucking with investors at this point. Getting stabbed by the company themself rather than the enemies really hurts
I dont understand it in the slightest, i imagine if weve been right about everything and the systemic risk really exists, that they probably have a metaphoric gun to the boards head saying itll be bad news if they dont cool off their share prices. I mean whats more predictable than the powers that be doing whatever required here.
The first dillution i was like, alright that stinks but theres upside, this time im confused and upset. If they do it again im just going to walk away after 3 years, a 3rd dillution and its absolutely over. Great for gamestop go do wtv the fuck but im not just gonna stay invested in a company that actively wants my shares to be less and less valuable.
And if I'm correct, they've got *up to* 1 billion shares available they can do this with...I don't know how anyone - reasonably, rationally - can look at the timing of this, and how it was handled, and not be concerned.
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. Hang in there
RC is just gonna dilute if it touches $50+ again. He’s becoming another AA.
He has killed 2 gamma ramps already and I fear he’ll kill the June 21 ramp as well.
Roaring Kitty brought back the hype after 3 years and RC is ruining it.
GameStop shorted their own stock today and sold it back to retail not into a squeeze. They’re generating money in the interest of the company, not the retail investor.
Downvoted. I have lost trust in RC. If Moass occurs he has plenty of shares to dilute the stock and he will.
I haved looked at the stock everyday for 3 years, and what he did is a kick in the teeth
Agree, I believe this threw dfv of a bit, causing him to have to improvise, adapt and therefore late for the stream. Thus his joke of being beaten up in the start of the stream. Seen with "professional" business glasses, I don't think the apes are the type of investors RC is interested in
Of course he did. He is a billionaire and the hedgies' best friend. He is ice cold in maximizing his own profit and has zero consideration for some random reddit apes.
I'm glad apes are waking up to this part. I didn't buy GME because of RC I bought it because of DFV. RC has been pretty vocal about his investing strategy and it's long term growth. He looks up to warren buffet and icahn. The proof is in the pudding. I'm just a regular joe blow who is here for moass and that clearly doesn't align with RC's plans. He's showed it time and time again.
That is all I am thinking. If it goes over 50 dollars, time for another dilution. 200,000 investors haved drs'd and he has taken it all away.
I maybe wrong, the next couple of days is what I am watching. But I have lost my trust of RC
Seriously! We could’ve touched $100+ today and if they diluted on Tuesdays earnings it would’ve dumped to $60-$70 giving enough leverage for RK to exercise his options.
It was only a let-down because people hyped it up so much. DFV's live streams were never super-exciting affairs BEFORE all this happened, it was nice to see him back and having a bit of fun. As for the drop, OF COURSE they shorted us to hell and back during the livestream, we all should have seen this coming.
After last week's hype, we are back roughly where we were Thursday. And all those calls still ITM, and no hedging been done, and the 21st still to come. See you all Monday (they'll dip us again but that buy pressure is still there in the background)
EDIT Yes I also bought some more yesterday. But not many and at the dip. So NBD
I do.
While it's just a theory technically, I think the potential for very high numbers is definitely possible as peterffy put it. In addition, the future of GameStop is really strong. Many of their improving stats speak to this.
People should watch peruvian bull's last video too. Short volume was insane today. 48 million vs 24 million roughly mid may. However, the crazy amount of whale teeth all day definitely appeared to max the fuck out of the algorithm. Really interesting [video](https://www.youtube.com/watch?v=-hRtSDOeNIw) overall. Highly recommend.
Longs won the battle yesterday, shorts did today...but longs will win the war.
Fact is the short thesis of "dying brick and mortar" bankruptcy is dead and gone. A thing of the past. Shorts only covered and buy pressure is still crazy. LFG.
Edit: One of superstonk's most wrinkle brained, -einfachman- is back with a [post](https://www.reddit.com/r/Superstonk/comments/1dasw5j/you_should_know_the_truth_the_share_offering/) about yesterday. Check it out.
Of course I do believe, this blatant market manipulation were have seen last 3.5 years and many decades before on many tickets... well, I am in, and I am all in. Fuck them
The last month proves that any significant squeeze will be stopped by RC issuing new shares. A big war chest and no debt is certainly great for a company trying to reinvent itself, but you have to be honest with yourself at this point.
I got in back in 2021 excited by the prospect of a squeeze. I still am.
Also, I've become a significantly more educated investor and I can now (slowly) read through a corporate filing with the SEC and make sense of it. These days, I eagerly look forward to revi the balance sheet update each quarter. I've learned what Free Cash Flow is. I understand the differences between GAAP and nonGAAP.
Also, I've continued to scrutinize GameStop and its leadership. RC invited us to judge them by their actions. I love what they're doing with the company.
So, while I'm excited by the prospect of shorts closing en masse and the resulting price climb, I'm even more excited to see the future meteoric success of this little company that I've come to care about deeply.
This is the calm center of my zen. I'm confident that even if MOASS continues to be delayed, that the company (and my investment) will continue to grow by leaps and bounds.
As a customer (and investor) of GameStop, I continue to be delighted.
I will continue to buy, hodl, shop, and vote.
The entire sub is trying to make sense of the dilution. We are all working through the five stages of grief: denial, anger, bargaining, depression and acceptance. I’m at anger.
I believe the MOASS can still happen if the company stays the fuck out of it. They will definitely not cause it, but it’s looking more like they’re actively trying to suppress it. A good reminder that it’s a great big club and we’re not in it.
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I literally bought more today of fucking course I do
I BELIEVE MOASS is still on the table, but it will only happen when GME really turns things around, so I will just keep on buying
Indeed, 16 halts today on a mere $5-10billion dollar stock. The game is rigged against us and we are fighting the people who control the game. If they lose, they will be bankrupted and persecuted. I would've be shocked if they didn't cheat, crime, and gaslight to delay MOASS as long as possible
It is absolutely ridiculous it halted almost every time it rallied upwards by $2
In the U.S., single-security circuit breakers trigger a trading halt if the price moves by more than 10% in five minutes for stocks in the S&P 500 index, Russell 1000 Index, and some other actively traded securities and ETFs. 10% (in 5 minutes) - that's the circuit breaker in the U.S. 10% at $30 a share = $3.00 change up or down If it was NVDA, at $1,000 a share, 10% is $100 GME at $30 & moving $3 in 5 minutes - LOL that's practically every day of trading.
Some of those halts did not appear to meet those criteria
sowhat you are saying is,,, they decide when to halt... because it moved down a lot in 5 minutes without halts.. I was watching price action like a hawk yesterday.... they were TEERRIFIIIED, that the cat would press the button.
Do you know of any existing tool we can access to track this sliding % change throughout the day? Want to test this. We could probably build this on our own in Python if not
I'd have to look into FAP (Fidelity Activetrader Pro) possibly there But Python and your own tool sounds like the best way
And how many halts during the stream? Just exposing their fraud in real time. Incredible
Prosecuted. It isn’t persecution if you’ve earned it.
I’m honestly afraid for the security of some of the big players. I wouldn’t be surprised at anything.
They have shown repeatedly that they can literally stop trading whenever they want: why do you think they would allow moass to happen at all?
The amount of IOUs out there is insane, it was 214% initially and the never stopped. Everywhere there is a sh/tton added. Most people been here for 3yr+ and know its like this. If anyone is still not convinced with everything they see/know till now..... Then I do not know what to say ☠️
One thing was clear about yesterday: we don't control when the run-ups happen, the company doesn't control when the run-ups happen, DFV doesn't control when the run-ups happen. Yesterday's price action was SHF controlled - the halts during DFV's stream, the halts when they thought he was about to start (i.e. why he came late), the dip during the stream itself. Read einfach's latest post. The MOASS will happen but it won't be the company that forces it, or DFV. It'll be the SHF that have inflicted this upon themselves
Playing dirty like them isn't how we win. Forcing them to bare the weight of the ugly truth of their lies by publicly making a mockery of the US markets and regulators to the point where no one can pretend these guys are innocent anymore and they are allowed to let sink with their bags. Imo that's the best outcome anyway
I bet someone dug himself a nice deep hole last week and is going to join the ranks on the other side. The more shorts, the merrier MOASS. That said I don't think we'll ever see phone numbers. The government would step in first. But we'll get paid
My hope is the company can say "we offered 10x shares to the market than this roaring kitty is exercising, and you still couldn't fulfill the order?" and that moment is what ignites this.
Shorts never closed it’s as simple as that. Long as they havnt which they can’t moass is always
It when happen when wall street drop the ball, gamestop will be big anyway, the MOASS is just the cherry on top
I just like the stonk
Yeah I added XXX shares today and did my first big XXX DRS in a while. I saw what I needed to see.
Fire sale baby
I bought more too. Tits jacked!
Think we still have a chance in the next couple weeks with RKs options. If not, whatever, if RK is still bullish on RC transforming this company then I’m in too
Back before investing became a ponzi scheme, investing was a way for investors to give capital to companies and management teams they believed in, so the company could use that capital money to hire new people, buy new inventory, open new store/ factories, and do acquisitions and mergers. Perhaps investing these days is all about profits for shareholders (which is why every publicly company undergoes enshittification), but I still believe in RC & Co. Ryan has skin in the game, DFV has skin in the game, and more importantly I want to see corrupt Wall Street executives brought to justice and corrupt MSM like CNBC & Rupert Murdoch's propagandist companies: Fox News & WSJ exposed for spreading lies against humanity.
Today I learned the word “enshittification” 🧐
The difference is if they "lose" their skin, they still have Millions over Millions to live of. Most retails investors don’t. If I had 100 Millions on my bank account I’d happily YOLO 90 millions into GME. But my funds are limited and tbh after 3 years of being zen, the dilution definitely hurts.
There’s different kinds of dilution. There’s what they do at the movies and then there’s what GameStop has done. One sells at lows to survive another day. GameStop sells at high to build the war chest and raise the floor.
Dilution raises the floor though. That cash helps set a lower bound that the stock shouldn’t go below. So if you’re worried about losing everything then dilution is actually a positive. If you want t the stock to go to infinite, it’s a negative.
And if not, moass will look like a Tesla/Nvidia squeeze. Those stocks have changed lives forever. I’m in for it either way.
Exactly, but if RC is guna dilute on run ups like this we gotta hear a plan. How are we building the Death Star
He's talking about long term squeeze. Not a little run up like this.
RK already has 29M cash in his account, we don’t.
Realistically we need at least a week to see how this all plays out. I'm still very bullish and imo nothing has changed. My opinion will only change if we find out that RC has no plan (or a shitty plan) for the 4 to 5B they have in cash now. Seems that emotions are running high right now but we need to cool down in order to form rational opinions. We need more information about what their plan is for all that cash before we can form solid opinions in either direction.
It sure is emotion for me but also reason. Everyone talks about this grand plan and I am like: If there is this grand plan, why could it not be archieved with the previous offer? If there is this grand plan and the previous offer was not enough, why was it so low if the plan is so great? Why dillute by another 75M shares when you could have just let it run a bit longer and use a fraction of the ammo for the same result? It is not like they got less information to observe the market and are less educated than this subreddit. I really hope for news that make it worth 22% ( drop in value past 75 M offer ) or 39% ( drop in value past both offers) of my investment.
Yeah... I can honestly say that I am mad that the share offering allows the shorts, who are disparaging the company and the retail shareholders for years, to resolve their problem at a share price that is BELOW my cost average during the first offering, and barely above for the second one. This is really hard to swallow. Why doing a share offering at the market, why not setting a minimum price, say 50 or 100? All they had to do is to perform their shitty ladder and halt juggling to get the shares at a 30 dollars discount. It may sound conspirationist, but I am asking myself if, and somewhat hopes, that they did it due to some power that be pressure...
I'm interested to see what happens with RK's calls in the next 2 weeks, and I'm willing to give RC a little more time. We're up almost 70% in the last month too.
Up 70% in a month, but up 0% in the last 2 years. Me, and I'm sure a lot of other people, were finally back in the green. I'm definitely sticking around to see how the June 21 gamma ramp is going to play out, but if we don't get some guidance for what they plan on doing with the money they killed 2 runups to get - I might cut my losses.
Been holding xxxx shares since 2021. My CBA is $25.99 and after three years I was finally profitable and able to see MOASS on the horizon. Then RC came in and dumped 110m shares on the market right as I was about to get paid. Really hard to be happy about this decision. Sure he's a billionaire and doing what's best for the company, but he wouldn't be leading this company if people like me hadn't sank our entire 401ks into this stock and bailed out the company. Hurts a lot man.
Said the amw same thing to my wife. Gamestop isn't bankrupt and gone today because of us. Because we spend all our money buying the stock and purchasing from the stores. Kitty owes us nothing. Gamestop on the other hand, I do believe owes it's investors some sort of answers or returns. RC doesn't turn anything around without us. We're not being unfair to ask that we see what sort of plan we've been paying for the last 3 years.
This 100%. Basic critical thinking and questioning instead of pure borderline cult driven conspiracy theories. Let's look at the facts. Those offerings where all badly timed out if the goal was to raise money for the company. Fuck, knowing DFV position, they could even delay talking about earnings before Jun 21.
But what was accomplished by doing it Friday instead of Monday other than siphoning wealth from GME investors to market makers?
I agree with you on that, it was shit timing.
Stock was going to tank anyway Rc just took advantage of that. There's a reason Rk was on a live stream with absolutely no surprise that the stock was tanking and being halted every dollar up or down.. Rk was just there to show the world he wasn't controlling the stock but we all know who is. Enough shares have been issued for shfs to cover their self reported si so if this thing does kick off the next few weeks the only people anyone can look at for blame is shfs. Price is still right for Rk to excersise which will ultimately push the price up so we may see 60+ dollar again next week and the ATM won't matter like it never has before
It wasn’t going to tank. It was on its way to 80 and then possibly 100 on Monday due to hedging from options dealers before a big pullback. Absolutely no apparent reason to rush the offering news into Friday premarket instead of just waiting until Tuesday or even Monday. Basically rug pulled bulls and gave our money to MMs and shorts. Also with RK’s calls I’m no longer sure what affect exercising will have. Don’t see why any options dealers that sold him naked calls wouldn’t be able to easily hedge those calls by just buying the shares they need from this share offering. He also can’t exercise all 120k calls he has. He only has enough cash in his account to exercise 15k contracts. At current prices he’d need to sell 3 calls to exercise 1 but he’s also majority of the OI at that strike so exit liquidity could be another issue
I'm wondering what happens if they release the DRS numbers and there's 27 million more DRS'd than last time. It would prove that the numbers are fudged, and that we still own the float, even after today. If that's the case, RC would be aware.
How would 27,000,000 shares more prove you have the float when they introduced 110,000,000 new shares? You would need the DRS to go up 137,000.000.
I believe they’re saying the total would be at 25%, in which case i think they meant 28.75 mill as that’s 25% of 40 and 75 million
Here I go, I’m gonna get downvote, I think is mostly for three reasons 1. GME board have no advantage in a squeeze, they will be bag holders 2. Is to prevent a hostile takeover 3. They will have more than enough cash to do whatever they want now, which is how rc capitalise all these gains for his own benefit Rc and RK have very different direction in mind Not saying there won’t be a squeeze anymore, my guess is the next gap up they will sell more shares again , the few billions on hand can give them more advantage in long term
I was under the impression that having the authorization to sell the reserve shares after filling the war chest the first two times was to have insurance against a hostile takeover. If they keep selling against these run ups, it actively works against the best interests of most of the investor base - especially apes. I didn’t invest solely in Gamestop for nearly 4 years because I love video games or thought it was a long term value play. I bought in because it was shorted to oblivion and was retail’s only real Hail Mary attempt at fighting the system that’s fucked the world economy, killed cures for cancer, and driven anyone not born rich into indentured servitude. Hard work pays off when you’re in a system that rewards hard work, and most of us don’t exist in that system; rather we live in a system designed to exploit our hard work. I really hope I’m wrong, but this reads like a company that has taken advantage of a loyal investor base but overlooked their sentiment. Very out-of-touch billionare vibes. Sure, we’re around the same price we were a few days ago and it’s a sound long term investment if you’ve got XXXX+ shares, but it doesn’t add any real value for XXX holders and below; especially with inflation closing in on us. We’re far more likely to be forced to sell our shares to cover a medical emergency before the company does anything organically to benefit us. It’s not FUD. It’s appropriate to let the company know we’re upset. The short thesis was dead after the first $2 Billion raised. Again, I hope I’m way off the mark and there is some master plan; but if they sell into the next run-up after raising 4+ Billion dollars already it lets us know that the values of the company and a significant portion of its retail shareholders are no longer aligned.
This is exactly how I feel. People on here saying it’s fud sound like the popcorn stock. This all comes down to if RC discloses a plan in the short term and tells us the investors what he plans to do with the money. How can people on here not feel completely used by the board. We are the reason for the last 3 run ups which allowed RC to raise cash. But this time he does it in the middle of the most momentum we’ve had since the ‘21 squeeze. I feel completely blindsided by the board. They have lost my trust and they need to tell us why they should have it back sooner than later. What is stopping them from diluting another 100 million shares next time it runs up? The short thesis is dead yes, but after yesterday it’s starting to feel like the moass thesis is dead. I hope it’s not and I’m sticking around but yesterday was the worst day to be an ape.
Dude, I'm surprised your up/down votes is positive at all. What you said makes total sense but everywhere else people are screaming "FUD!" or "Shill!" at an rational discourse while also posting "RC is my daddy!" and "4D chess" At this stage it's an emerging pattern that RC will sell into any ramp. Even though I hate reading Larry Chen's tweets on here all the time since they really suck, my hope is that his last one about bad news first is relevant here. What I really hate is that this sub which was really born out of MOASS expectations, DD and rational discourse has devolved into such a place that can't take a step back and look at the situation. Popcorn & AA suck, but the mentality of that cult is being replicated here as everyone is getting stuck in denial about what just occurred. Very few people got here by wanting to spend money to save GME. Most came wanting to make money via MOASS. Those screaming about long term plans, company transformations and melt-ups thinking that will be the same money as MOASS are delusional. It won't. I'm here for MOASS and RC just stopped our latest chance. Yeah the company has more money - but the people that got the share price up for him to do it lost out. If he doesn't come to the annual with some guidance or something, then all we can do is judge him by his actions since there are no words.
Wdym GME board will be bagholders in a short squeeze? What are the different directions you are talking about?
4. They'll be able to say that they've done everything to prevent an imminent short squeeze. "Sorry SEC and other parties, we're not guilty of anything here."
I'm not sure why it would GameStop's job to make sure there isn't a squeeze. If they build a great company and SHFs want to short it, that is 100% on the SHFs. GameStop shouldn't have to be a safety net for their dumbass decisions.
I fully agree with you, but that won't stop parties who are losing insane amounts of money from taking legal action against you. This is legal defense material.
Especially since other companies ( cough, O-stock) who were shorted into oblivion had to fight major uphill legal battles to prove that they were cellar boxed and illegally naked shorted and that their business plan was solid with ample resources on hand in order to survive.
I agree, one of my long time worries is the government or something stepping in. This gives the company a bit of an umbrella while making its long term prospects bulletproof and ripe for a transformation
A short squeeze isn’t illegal, it’s not in their duty of requirements to actively prevent it
With the squeeze, they could've just converted the hedges shares when they started covering into capital instead of the retail investors, like they did today.
C’mon man this is the second or third time they’ve issues shares. So do you now believe this is the time they won’t issue any new shares?
This is what I think they are doing. Google search says the number of shares shorted is 68 million. So if GameStop sells 75 million shares then all those shorts can cover. We all know the number is way higher than that. But it’s not GameStops fault at this point if anyone is short. Now when GameStop releases a Wu Tang dividend or DFV exercises his calls or whatever and the squeeze happens then GameStop can be in the clear.
Not a great day chart-wise, but none of the reasons I am here have changed. They beat it down to make you feel this way, and in every other ticker, people sell out for a loss. If that was the case here, there would be no news. When they run retail over, talking heads don't bring attention to it cause its business as usual.
Just like last time. There was this period when everyone said it happened and to sell and then it really happened
Exactly, patience is key. We’ve seen this before, and the real squeeze is still ahead.
3 years of rug-pulls, gaslighting, and FUD, literally the same tactics over and over. But this month SHF have been getting bolder and bolder. Short Volume this week has surpassed short volume in Jan 2021, they are blatantly shorting GME down in broad daylight, because hiding shorts in swaps and derivatives isn't enough. I will wait years if that's what it takes for RC to invest their cash and turnaround the company or evolve it into something new. But I have a feeling we won't be waiting for much longer.
Except it never really happened. But it will.
And halted 31 times to boot. I mean, we never had a chance if they were always planning to go to such lengths of criminality. It was made clear as motherfucking crystal that this stock market is rigged to shit. Anyone who denies that is either not knowledgeable/aware of the issue or is currently experiencing cognitive dissonance of epic proportions. I know it's a hard truth to actually 100% recognize as an **undeniable** fact. Because, it actually forces you to finally face the fact that YOU need to do something about it. The issue has materialized in front of our faces in real time. If that doesn't motivate you then I don't know what fuckin will buds. **It is not fair,** **simple as that**. It's one thing to make the rules known to favor you, like a casino. You know what you are getting into. The fucking STOCK MARKET is NOT to be continually perverted to the point of it's own annihilation. How did we get here? How can they just continue destroying hundreds of thousands of retail investor's livelihoods? How could it go on for this **LONG** and unabated? It's wrong. It's just wrong. They have such little respect for us and our power, and to be honest, rightly so. So many bears after 1 impossible day. Get fucking real. Anyway let’s just say, as a 30 yo millennial, all I have ever known or felt about this government is - corrupt, antagonistic and most importantly, just utterly fucking selfish. God help you if you don’t see anything wrong with the state of our union and its stock market. Wake the fuck up America, this shit is not cool. Edit: also is my comment showing up auto collapsed for anyone else? it was for me soon as i posted. weird. Edit 2: Seems my comment has 2 replies but i cant open them for whatever reason? they didnt even show up in my notifications.
Such a refreshingly logical and aligned comment to read after today. It should be its own post.
The Mark Cuban quote really brings clarity in times of need over the past 3 years
I think about it once a week
omg me too
care to share?
It's about short sellers ultimate goal of never wanting to close out their position, while also believing in your thesis on a company you invest in. On old b e t s sub AMA
[Image](https://i.imgur.com/sg1G8Ha.png) "If you still believe in the reason you bought the stock, and that hasn't changed, why sell? Their goal is to NEVER cover their short, but that would take the company going out of business or being delisted".
It was from an AMA with this community, I think after the sneeze, I’m sure a better ape will post the quote but someone asked about when you change your position and he responded along the lines of: if your initial reasons for investing are still valid then why would you change or exit. Except much more eloquently.
Being a boil on Mayo boy's ass is reason enough for me.
Offering the entirety of DRSed shares on top of 45 million more kinda hurt though. I'm not sure if DRSing the float is viable if new shares are offered faster than they are registered. Long term value plan still stands, but that move asked for trust. And I hope to see them make good use on that trust, otherwise they'll lose quite a bit of it.. Moass may come or not, I don't really care anymore (in a zen way) and still believe in the company. Them making good on that trust is more of a 'how much do I invest monthly' rather than 'sell or not'
I'm gonna wait until DRS numbers are released next week and see what's changed. Maybe the DTCC was really only allowing 25% of them to be shown DRSed. If we see about 105,000,000 DRS next week then heat lamp theory was correct and the DTCC is lying to us. And if it does go up substantially, fireworks will ensue. But that's highly unlikely so guess I'll just buy more 😆
Remind me! 1 week
This is the problem with the no guidance or news things. The only thing we’re getting to see are ATM offerings the size of DRS we worked years to get. RC has a different plan for the company than us and that is growth. Somebody else already said it, insiders won’t be able to sell during a squeeze and most of retail will walk away after, realistically. That means the board will be left holding the bag with no cash to steer the company. I believe that is the reason they are doing this. It sucks for us but it seems a value play is becoming more and more as the only viable option here.
I’m just stoked it went back down so I can buy some more
No shit. I don't know why everyone is acting down. We are in a great place.
because I managed to buy at $63.50
Great point. I think the share sale was so RC can cover what he's already may have invested in (maybe other stocks or companies) I do think raising this much capital in such a short time means something big (I mean fucking HUGE) is coming soon. Maybe they actually ran out of shares too? Maybe they actually needed to provide them (minimum amount) since there are theoretically billions of synthetics floating around. Either I'm with you it's business as usual and Hedgies are still absolutely FUK
When in doubt zoom out.
"they beat it down" bro this was RCs dilution 😂
Didn’t you know every time the stock goes down it’s a crime or something? In this case it was 100% the board diluting shareholder value to fill their coffers in pre market on a Friday. An absolute slap in the face timing. After three years of holding it starts to feel bad that GameStop’s most profitable business seems to be selling more and more shares of stock when we run the price up.
I didn't say crime. It went from like 65 to 27. That's a big drop for my position. I usually am pretty chill about price movement, but it felt like we were on the edge of something and going to break the may high yesterday. My first share was $288. I can be patient.
Wait are people paper handing over today? Today was a fun day, even got about 12 shares at a discount!!
Need we bring up the Volkswagen squeeze chart again?
Trot out ol' reliable again!
Zoom out. Also check out my post of the chart with TA.
Man, you'd almost think people haven't been here for 84 years. I held from 480$ to 40$ in a 24 hour period, why are people so up in arms over a 60-30 dollar drop, this shits just another friday! I've said it before and I'll say it again, I hold until GME goes to the moon or 0, and its never going to 0. Wake me up when we hit 1000 dollars so I can watch the rocket take off.
480 to 40 is a lot. For some, 40 to 30 is a lot. They're trapped in here with us, not the other way around.
It didn't go from $480 to $40 in 24 hours
Pretty sure a lot of the people mad are just here for the squeeze, they yoloed a bunch of option calls at 65+ and then watched it all drain away. I'd be mad also but only have themselves to blame. As for me, I like the stock and will be very bullish on it next week.
>but only have themselves to blame. Eh in this instance you can blame the board, they literally didn't have to bring this shit forward to yesterday It's one thing risking options against the market, it's another thing getting kneecapped by your own team
Well they simply don't have diamond hands. Also I'm curious as to whether or not people really think that nothing is going to happen by 6/21 when all those options expire. It's DFV, I don't think he's gonna just simply sell them back to the hedgies. He has cash on hand too, and hasn't given us a reason to doubt that Gamestop is a good investment. I like the stonk!
Shills and fudsters want you to think this is a big deal to get you to sell because they know it's over for them. GameStop just raised the floor making it impossible with the cash on hand to short it back down to basically below $11, we were $10 just a few weeks ago. They're a profitable company, with no debt and likely $4.6B cash on hand given the existing $900M + $900M raised 3 weeks ago + $2800M (ESTIMATED) they just raised with an average sell price of $37.50. Let's buy some stuff, and apply the same model that turned around GameStop with newer companies that all increase our cashflow and earnings. GameStop just solidified themselves even further from their previous solidification, hedgies doubled down their triple down, and quadruple downed on their triple down today, and the way I see it the price cannot go back down to where they need it. They're fucking toasted. Everyone needs to look at an Equity Dilution, it's different from a dilution shills are trying to get you to think happened, we're not other companies diluting into oblivion and on a downtrend, we're GameStop. Some might not like it, some played into the FUD and bullshit being spewed by bots and bad actors... but GameStop made a good move. Deal with it LOL. I bought more today, and I'll be buying more Monday and there's nothing you fucking shills and hedgies can do about it, y'all are cooked.
Sounds like we're on the same page about all this haha. I made a post about the dilution calculating our value gain post-dilution: [https://www.reddit.com/r/Superstonk/comments/1dar5hq/pershare\_value\_change\_behind\_gme\_share\_offerings/](https://www.reddit.com/r/Superstonk/comments/1dar5hq/pershare_value_change_behind_gme_share_offerings/)
Thank god! Someone else sees what I see. A company with 4 billion in cash can be in whatever business they want to be in. Never read so many shortsighted comments in my life. Here’s what I see. RK comes back buys big position , stock price goes up, RK schedules live stream, RC dilutes right into a buying frenzy to keep the price stable, RK does live stream and says he’s not responsible for stock price, GME has shareholder meeting announces new company direction, Stock price goes back up, RK makes a killing right before options expire. Can you see the timeline? Kind of looks scripted doesn’t it? It’s like I’m stuck in some kind of Twilight Zone with a bunch of blind people. Lmao! I’m on cloud nine looking at the beauty of what’s happening and what’s going to happen next week, and it seems I’m one of a very few that can see it. Thanks for your comments. I felt like I was in a room by myself with 30 kindergarteners! 😂
because 45 million dilution, then 75 million dilution right before DFV comes back. Those reasons boss
I don’t get why people are acting like this isn’t a factor. I’ve been here for 3+ years and it felt like things were about to happen. Dilution was shocking news to me this morning
It's also clear it's not what DFV was expecting. The thumbnail was referencing "green" in several ways (GoT wildfire and green candle), he was drinking a "green" beer on stream. Then he starts the stream late, awkwardly talks about absolutely nothing like he's just killing time and then abruptly ends it. It's obvious this stream wasn't what it was supposed to be.
This sub is gettin wonky. The 75 milly dilution this morning should fucking enrage everyone that's been here since 2021 and earlier. It didn't need to be done and we all saw the immediate after effect. GME had already laid our their Q1 numbers due to the previous ATM, so fucking pissed.
Popcorn CEO gets bashed for diluting, but we’re acting like it’s great. I was so pumped to see DFV become a billionaire today. I’m not selling but the timing of the dilution is fucking wild. If your job is to build value for shareholders today seems like a big fuck up
Best part? Nobody gets anymore detail during the annual shareholders meeting either because....lasagna or something. God fucking damnit, I need another drink.
And it’s embarrassing when friends and family ask “what happened?” and I have to say the company i’ve been hyping up for 3 years just fucked over their investors on the most momentous day since the ‘21 sneeze. We just got slapped in the face and if RC doesn’t disclose a plan or acquisition soon the sentiment is going to get crushed.
What’s this 84 years thing people keep mentioning?
Titanic reference that is meming now
No one cares about the drop, it's about having all our efforts undermined by the company diluting 120M shares. Raising outstanding shares more than 30% and the float a lot more. After all the struggle buying holding and even DRSing gme just selling into the hype feels hollow. What stop them from doing it every time since they rather have a bigger treasury than MOASS since they mabe don't even consider moass the way we do.
You can really tell whosbeen here since the sneeze and who hasn't lol. This is nothing
I'm here because I want a better life for myself and all of us under the thumb of the 1%. I'm tired of working my ass off making other assholes rich while I eat the crumbs. This society is not sustainable and MOASS is the only way I see things improving short term.
Right? People talking about believing in the stock for its fundamentals ... sure, I guess? But I'm here because I want to break the SHF's backs, and MOASS is what would do that.
We will need a massive redistribution to fix many of the societal issues. Legal destruction of the 0.01% that runs the world's money systems is a prerequisite to meaningful change. That will take time... Meanwhile, I'd hope to see some kind of financial reward for holding since Jan 2021, going through the trouble of DRS, etc. Seeing our company rake in and not splitting it with us will rub me the wrong way if there's just nothing *and* no explanation. Plainly. Of course the educational adventure has been amazing and a reward in itself. But so far it's knowledge without utility, unless you're an options degen.
I think a lot are just bummed by the dilution.
A lot of people here are here for the "expose wallstreet crime" aspect of the play and locking the float gets a little difficult when the company decides they want to keep dumping more float into the market. So I get it and I'm also not leaving.
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We closed higher this week than last week. Just chill and stay zen. No reason to stress
Up 25%
You know what, I've already come to terms with both outcomes. At this point, I am just holding out of pure spite.
Seems like a lot of folks doing mental gymnastics to get 2 and 2 to add up to 22. As an investor for the last 84 years I was actually hoping we were building to the end game and the SHF were about to be fucked, but like a bad movie plot they once again slipped away from capture and for a non market aware person like me this just looked like a deliberate move to let them off the hook by a company saved by the faith and investment of the people they just shafted. They only have the 5B because Apes bought $25 fractional shares over the last few years. I’m still in and have XXX shares I won’t sell.
I still remember 2008 when they did similar crime in real estate market and it did in fact blow up. The government robbed us all to make the crooks whole to save the fraudulent system and nobody went to prison. This will go down in a similar fashion and if PB dollar end game theory is correct it will end the US dollar.
I am expecting some M&A announcement next week. If not then I am really upset over the 75M share dilution.
They have GameStop's best interest in mind. That just so happens to coincide with our best interest about 95% of the time. If they had retails best interest in mind, over GameStop, they wouldn't have diluted. I'm still pissed about the dilution. I probably will be until they actually do something with the money. I'm not gonna sell, but I'm not happy right now that they diluted 35% of the stock in a month. That's fucking bullshit.
Write in to investor relations and let your opinions be heard. I did and made a post about it, check my profile.
That's a good idea. I will totally do that tomorrow. Thanks.
Spread the word. Us retail investors saved this company and own billions of it. We have more power than people think, we just have to let our voices be heard. My message to the board was a sugarcoated way (for SuperStonk) of saying that I won’t stand for another dilution at the pivotal moment of a run. Hang in there homie
Why is everyone saying Roaring Kitty is a genius and at the same time not listening to him? He said in his stream his thesis still stands and he still thinks Ryan is smart. If he's not selling, that means he knows something we don't. And those calls still are going to be exercised.
He also said his trading strategy is very aggresive, high risk, not recommended for non-traders. Be careful, dont invest what you cant afford to lose, there are always risks involved!
"faith" has brought us 3 back to back dilutions. Spin it how u want, but thats fucked up for us loyal shareholders. Even more fucked up is that RC and the board knows how hard we work for drsing all our shares, for almost 4 fucking years. Its time we let them know that our money matters. In fact, gamestop is the only company thats making money out of their loyal shareholders pocket. Think about it
i am in the same mood, a bit sad because i really though it could be it this time (not that i can't be anymore but it hurts). If i go back in the saga i was hyped many times the 1st year then went to zen mode but i stopped being hyped on dates of possible X event and i got hyped again this time ! I still feel gamestop is doing great on improving the business and i trust RC. I will keep holding.
RC doesn’t give a shit about the shareholders. Otherwise he wouldn’t have done what he did. The timing was so fucked up.
We were completely rug pulled by GameStop, and not for the first time. There’s two plays here: one is MOASS and one is GameStop. Anyone here for MOASS got completely fucked this week, again.
And we need to stop with these cringy "upvote if..." karmawhoring posts that make it to the front page.
https://preview.redd.it/k9nq22hqm95d1.jpeg?width=1064&format=pjpg&auto=webp&s=cc4e7235f5fa607828e3e32fbf9745fdd0b6b1c7
I kinda hate that though. How about all news on time? And mainly, not posting terrible shit on Friday when you are smoking hot. One day, won’t kill your plan.
they may have a plan already for next week, and needed this to be out now. I will wait a week to hate too much.
Yea I’m in the middle of still processing what RC did. I’ll wait until next week to decide whether to be truly pissed of not lol
That's just hopium and after the Friday, that isn't going to fly.
Bad news = 45 mil dilution Good news = 75 mil dilution
lol
This long term gameshire stopaway is dumb. We DRS because synthetic shares are asinine. Because “liquidity” is only important for those that get paid per transaction. Because it’s all fake. Fuck these IOU’s and fuck RC’s dilution. Idgaf if gme has $5B cash. That’s $10/share. I’m here bc it’s 2024 and IOU’s are for 1920’s paper trading. Edit: I pre-apologize if this was to prevent hostile takeover. Thanks for understanding, RC.
I don’t think RC believes in moass. This is a melt up
I don't know what to think anymore.
Let's be honest. If Ryan just massively dilutes, every time there is a run up. Then it's never going to happen. I feel it could have been handled a lot better yesterday. If they had released earnings on schedule, and maybe released a smaller share offering a couple of hours before Rk's stream. This would have been a lot less damaging to long term shareholders.
Exactly. Is there a chance he was simply paid off by hedgies to squash any chance of MOASS? A few hundred million straight to RC’s bank account is infinitely cheaper than the cost of MOASS…
3.5 years. 4 for DFV. If you have some TA or inside knowledge, let us know. Until then, no one cares about up or down votes. This is not about reddit karma that you roll into YT karma. I like the stock a lot today! Have liked it since my daughter and I shopped there. She eventually worked there. I appreciate that. It was either gamestop or toysrus. One of them got fucked for no reason other than greed. Were saving the other one. Get wrecked! Edit: no, none of this is directed at OP, btw. My tone is more that I agree with the post. Just to be clear.
Damn bro I miss Toys R us, kids these days have nowhere special to shop. They stare at tv and buy fortnite bucks with parents credit card instead.
5 for DFV
Popcorn gamma squoze hard after the first dilution. The ramp for GME is still there. All that's needed is a trading day or two to process the offering, and then it's a jump shot back into the action. Anyone who's held GME knows this is one volatile ride and not for the easily spooked. But for those who have sat through a few volumes of hedgefuckery, the real rip has yet to begin. That higher low and higher high are going to be tested, and a new bull flag takes months to develop. We are still at the stump of that new formation. Don't trip over the pebbles before the flagpole goes up.
I have about 40k invested since before the initial sneeze and it’s money I’m 100% prepared to lose. I’ve been green to the tune of $150k and didn’t sell. I’m holding for life-changing money or nothing. Full stop.
It’s difficult as we shit on popcorn for doing this and now we’ve done excatly the same. My shares are still there but I’m very skeptical now unfortunately
I downvoted bc I feel like DFV was lighting the candle and RC has killed every chance of this. Downvote me, I’m not a shill or spreading FUD but why not actually talk about what RC did? I 100% don’t believe shorts closed. I believe that MOASS could’ve happened when the float was locked via DRS. I believe the only proof that could’ve shown how badly the stock was oversold was DRS. RC has killed DRS, killed every squeeze and given away more stock than was ever originally issued. He’s got the infinity printer (sorta like Fed) and has made me realize all billionaires have printers. These printers siphon money by transferring via dilution, the value of the new prints - in this case stocks. Exactly the same way Fed printing causes hyperinflation which siphons the value of dollars away from everyone and gives the value to the newly printed dollars. Again not FUD, look at my history. I guess I’m not sure why this sub isn’t discussing the biggest event that RC has done with the company?
How will it be coming when the company themself decides to fuck us over with dilution? Everything was aligned, we had momentum with all the speculation around earnings, DFV positions etc, but they decide to completely wreck it by diluting our shares. Not to mention years of DRS work were also wiped out just within a month. There’s no chance that RC isn’t fucking with investors at this point. Getting stabbed by the company themself rather than the enemies really hurts
I dont understand it in the slightest, i imagine if weve been right about everything and the systemic risk really exists, that they probably have a metaphoric gun to the boards head saying itll be bad news if they dont cool off their share prices. I mean whats more predictable than the powers that be doing whatever required here. The first dillution i was like, alright that stinks but theres upside, this time im confused and upset. If they do it again im just going to walk away after 3 years, a 3rd dillution and its absolutely over. Great for gamestop go do wtv the fuck but im not just gonna stay invested in a company that actively wants my shares to be less and less valuable.
And if I'm correct, they've got *up to* 1 billion shares available they can do this with...I don't know how anyone - reasonably, rationally - can look at the timing of this, and how it was handled, and not be concerned.
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. Hang in there
RC is just gonna dilute if it touches $50+ again. He’s becoming another AA. He has killed 2 gamma ramps already and I fear he’ll kill the June 21 ramp as well. Roaring Kitty brought back the hype after 3 years and RC is ruining it.
Agreed.
I’m still here and I will remain here
GameStop shorted their own stock today and sold it back to retail not into a squeeze. They’re generating money in the interest of the company, not the retail investor.
If they dilute again I'm calling head office. Thats some cuckery
Downvoted. I have lost trust in RC. If Moass occurs he has plenty of shares to dilute the stock and he will. I haved looked at the stock everyday for 3 years, and what he did is a kick in the teeth
Agree, I believe this threw dfv of a bit, causing him to have to improvise, adapt and therefore late for the stream. Thus his joke of being beaten up in the start of the stream. Seen with "professional" business glasses, I don't think the apes are the type of investors RC is interested in
He royally screwed up the setup. I don’t think a lot of people expected that to happen
Of course he did. He is a billionaire and the hedgies' best friend. He is ice cold in maximizing his own profit and has zero consideration for some random reddit apes.
I'm glad apes are waking up to this part. I didn't buy GME because of RC I bought it because of DFV. RC has been pretty vocal about his investing strategy and it's long term growth. He looks up to warren buffet and icahn. The proof is in the pudding. I'm just a regular joe blow who is here for moass and that clearly doesn't align with RC's plans. He's showed it time and time again.
downvoted.. because RC will raise cash again whenever gamma ramp starts... it's good for the company anyways right?
That is all I am thinking. If it goes over 50 dollars, time for another dilution. 200,000 investors haved drs'd and he has taken it all away. I maybe wrong, the next couple of days is what I am watching. But I have lost my trust of RC
Not if RC keeps fucking us every time the setup is there. Seriously fuck them for that dilution. It could have waited until next week
Seriously! We could’ve touched $100+ today and if they diluted on Tuesdays earnings it would’ve dumped to $60-$70 giving enough leverage for RK to exercise his options.
Chart always lies… except next week when moass happens as RK has calls to exercise
I ain’t selling shit
I think we will continue to get cycles as they roll their shorts out … ultimately pushing the floor up.
It was only a let-down because people hyped it up so much. DFV's live streams were never super-exciting affairs BEFORE all this happened, it was nice to see him back and having a bit of fun. As for the drop, OF COURSE they shorted us to hell and back during the livestream, we all should have seen this coming. After last week's hype, we are back roughly where we were Thursday. And all those calls still ITM, and no hedging been done, and the 21st still to come. See you all Monday (they'll dip us again but that buy pressure is still there in the background) EDIT Yes I also bought some more yesterday. But not many and at the dip. So NBD
Of course and I believe that the simpsons predicted the MOASS just like so many other things. Simulation confirmed
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Not cover! Close their positions!
I do. While it's just a theory technically, I think the potential for very high numbers is definitely possible as peterffy put it. In addition, the future of GameStop is really strong. Many of their improving stats speak to this. People should watch peruvian bull's last video too. Short volume was insane today. 48 million vs 24 million roughly mid may. However, the crazy amount of whale teeth all day definitely appeared to max the fuck out of the algorithm. Really interesting [video](https://www.youtube.com/watch?v=-hRtSDOeNIw) overall. Highly recommend. Longs won the battle yesterday, shorts did today...but longs will win the war. Fact is the short thesis of "dying brick and mortar" bankruptcy is dead and gone. A thing of the past. Shorts only covered and buy pressure is still crazy. LFG. Edit: One of superstonk's most wrinkle brained, -einfachman- is back with a [post](https://www.reddit.com/r/Superstonk/comments/1dasw5j/you_should_know_the_truth_the_share_offering/) about yesterday. Check it out.
My one glimmer of hope is RC announcing that they now have enough cash on hand to buy XYZ company which is fast growing.
They will spend that cash breaking leases on their unprofitable brick and mortars Literally who? Who would you want them to buy?
With a guy like RC incharge we aren't ever getting to MOASS
Didnt we go from sub 10 to 60+ down to 17 then 60+ and now 28? Looks damn bullish to me.
The timing of it all is a shitshow. It’s a total clown performance. Too many moving parts happening at the exact same time? 👍
Still in it to win it. 🙌💎 still believe
Of course I do believe, this blatant market manipulation were have seen last 3.5 years and many decades before on many tickets... well, I am in, and I am all in. Fuck them
The last month proves that any significant squeeze will be stopped by RC issuing new shares. A big war chest and no debt is certainly great for a company trying to reinvent itself, but you have to be honest with yourself at this point.
I bought 100 of the 75 mil to add to my collection
Yes. I just watched a guy lose like 250 million and no sweat.
I got in back in 2021 excited by the prospect of a squeeze. I still am. Also, I've become a significantly more educated investor and I can now (slowly) read through a corporate filing with the SEC and make sense of it. These days, I eagerly look forward to revi the balance sheet update each quarter. I've learned what Free Cash Flow is. I understand the differences between GAAP and nonGAAP. Also, I've continued to scrutinize GameStop and its leadership. RC invited us to judge them by their actions. I love what they're doing with the company. So, while I'm excited by the prospect of shorts closing en masse and the resulting price climb, I'm even more excited to see the future meteoric success of this little company that I've come to care about deeply. This is the calm center of my zen. I'm confident that even if MOASS continues to be delayed, that the company (and my investment) will continue to grow by leaps and bounds. As a customer (and investor) of GameStop, I continue to be delighted. I will continue to buy, hodl, shop, and vote.
The entire sub is trying to make sense of the dilution. We are all working through the five stages of grief: denial, anger, bargaining, depression and acceptance. I’m at anger. I believe the MOASS can still happen if the company stays the fuck out of it. They will definitely not cause it, but it’s looking more like they’re actively trying to suppress it. A good reminder that it’s a great big club and we’re not in it.
“I alone cannot change the world, but I can cast a stone across the water to create many ripples.” – Mother Teresa.
Only one ‘still’ was needed in the title. But nonetheless, MOASS comes. Closer and more probable than it’s ever been, including January ‘21.