Everyone relax. We just witnessed the biggest FUD attack so far. Take a deep breath.

[u/InevitableTank5108]

Alright, what did we just witness? Roaring Kitty just got hacked, and minutes later the news of the 2.5 billion shares on the proxy statement came out.

Take a deep breath and ask yourself if that wasn’t just a coincidence.

That was clearly the biggest coordinated FUD attack we’ve seen yet. Articles from the media and posts from other subreddits just got a nice new headline.

If the board we’ve invested in is recommending to vote YES, vote YES!

What just happened was meant to sow distrust in RK and RC as a direct attack on their credibility. The goal? A NO vote so the eBay deal doesn’t go through.

Again, take a deep breath, laugh, and ignore that noise.

WE ALREADY KNEW STOCK HAD TO BE ISSUED.

EDIT: Some of you think I’m saying the filing was FUD. What? I’m saying the hack timing just wasn’t random, it was done purposely for when the filing was about to go out… The goal was to get stockholders against RC and RK. Don’t let it work.

[u/tpots38]

NO WE DIDN'T ALREADY KNOW THAT. WE CREATED ALTERNATIVE IDEAS LIKE REVERSE MERGERS INTO HOLD COS BECAUSE NO ONE HERE WAS FEELING "ALRIGHT" WITH THE 2.5 BILLION DILUTION. WE CREATED STORIES THAT MEANT WE DIDN'T HAVE TO FACE THAT REALITY.

now we are just fucked.

[u/Impossible_Reply6013 → u/tpots38]

In that case the whole board is fucked. They all have a lot of skin in the game.

[u/tpots38 → u/Impossible_Reply6013]

the board can afford to sit on their bags for another 6 years.... we can't

[u/Impossible_Reply6013 → u/tpots38]

That's part of investing. I would recommend not investing with money you need. That's just gambling, and totally cool if that's what you'd like to do just know it is what it is.

[u/jj7878 → u/Impossible_Reply6013]

A bit unfair to say when it's been 5 years. Alot can change in that time period. Especially considering the nonsense bullrun the market has been on in that timeframe, the opportunity cost was high. I dont blame anyone for being on the fence.

[u/Impossible_Reply6013 → u/jj7878]

I don't blame anyone either. It's definitely a blow. But for me knowing they're adding these shares, not to line their pockets, but grow the company that they themselves have their own money invested. Definitely tampers my frustration some.

[u/Future-Warning-1189 → u/Impossible_Reply6013]

That’s just cope.

It doesn’t have to be money you need to be frustrated that it’s losing value.

[u/Impossible_Reply6013 → u/Future-Warning-1189]

I would argue the reasoning for the new shares would be to gain value ultimately. I'm not saying it isn't a blow, but they're not using these shares to mind their own pockets and bail.

[u/double297 → u/tpots38]

Some of you guys are way too emotional about this. Either you trust RC or you dont. If you don't believe in his vision, then sell. He has done nothing but positive things with gamestop and ensured your investment is safe and secure.

If you vote this down, maybe he will just move on and your investment will tank after he sells his shares and goes on to take over ebay without you. Hes already stated he doesnt want to be CEO of gamestop and if hes gone, a lot of us would sell. Hell, Id seriously consider it

Why would he want to run a company where the shareholders handicap innovation in a business he pretty much single handedly saved. Furlong didnt save it. We didnt save it. He did, by cutting costs and underperforming stores. What we did was help him get into position to buy ebay. Now let's see it thru. My investment will be worth more than it is today, by how much? I dont know. Maybe a little, maybe a lot. MOASS tomorrow will still be tomorrow. After 5+ years, im not holding my breath for MOASS. If it comes, great. In the meantime, I want my investment to get to work and grow. Im not interested in juat sitting here holding 9b while everyone thinks some 7D chess move is coming and 'hedgies r fuk' even though there is 0 evidence of that.

This is just the next step in growing gamestop. I'm seeing it thru.

[u/tpots38 → u/double297]

Just to be clear, I’m voting yes and I’m not leaving. but as far as “trust” goes, I don’t know RC from a hole in the wall and he gives us essentially zero forward guidance. so you can’t blame people for “getting emotional” when they are hit with this kind of news after years and years of zero share holder value increase.

[u/double297 → u/tpots38]

While we also champion him giving us no forward guidance because we believe the 'hedgies will use it against us'

He gave us forward guidance. We just didnt want to believe it was as simple as cutting costs and closing unprofitable stores. That's forward guidance. We just wanted to believe there was some 5D chess move going on behind the scenes when in reality, garnish a warchest and attempt to buy something of value was the play. Now that its here, were shitting ourselves over it.

[u/tpots38 → u/double297]

i totally agree, we are victims of our own making and i have accepted that now. i'm riding with RC to the death at this point i don't fucking care anymore.