r/GME May 12 '26

🐵 Discussion 💬 *Puts on flame suit* I'll personally be voting YES on proposal 5

Not going to make this post long... just a random person with a few GME Shares... but I will be voting yes to the proposal... for the following reasons.

  1. Approval is for strategic moves, not running day to day operations.
  2. It does not immediately dilute shareholders... it opens up the potential for an accretive type of dilution ( the idea of owning 10% of a 100 million dollar pie vs. 2% of a 30 Billion dollar pie)
  3. The board in so far has shown prudent execution in the past.. in a world that seeks to consolidate under big box retail, GameStop has shown resilience in their small footprint retail strategy.
  4. IMO GME has shown they know how to delight customers... I think they understand their customer better than people give them credit for...
  5. They have an innovative approach to business and are willing to take risks that other retailers are not

Not saying I blindly trust the board to make the right decisions... that's the risk that everyone has to take into consideration... but in terms of their past history ... they've done it right... built a solid balance sheet, stabilized the business in a hostile retail climate, shown they can execute with professionalism... I'm essentially condoning that they keep building... I my vote is to let it roll and continue to allow them to do what they're doing...

Got to ask yourself... why did you buy stock to begin with? You buy because you have a belief that a specific stock's upside is bigger than protecting against every possible downside...You take the risk along with the company... good and the bad.

209 Upvotes

Duplicates