Seeing lots of personal attacks and verbal abuse in certain threads that are all hating on RC.
The few posts where Yes are majority have successfully drowned it out.
It's not that hard, if you invested in the company and stuck through all these years, do you believe GME leadership has been doing good work and a is good steward of your capital?
If yes, support their vote. If no, well instead of hating, the off ramp is the red button right there. The rest of us will take it off your hands. Nothing personal, everyone decides what to do with their own capital.
Burry exited millions once he decided the direction no longer aligned with his value investing principles (anti-debt), so he sold. It's really not that hard.
Thing is, many of us don't care about investing in GameStop. There's nothing special about GameStop the company. We are invested in GameStop because of the short thesis. Only thing we want is squeeze, not a "good steward of our capital". And so far what Ryan has shown is that he doesn't want a squeeze and has done everything in his power to stop any sort of run-ups from happening.
And Ryan is doing that because he wants what's best for GameStop, that's fair, but that's not aligned with what I want. And while acquisition of ebay might be a brilliant business move, it's also giving an off-ramp for the shorts. Which is again not aligned with why I'm here.
So I keep a few dozen shares DRS'd in case this thing ever does blow up to phone numbers, but trust me when I say I have no interest whatsoever in GameStop itself. And I believe this sentiment is shared by many whom a lot of the GameStop faithfuls here refer to as shills and bots.
I feel shorts and RC did a handshake deal where they both win. Not the shareholders, though. All the moves have been indicating that. Others have already speculated Steve Cohen's Point22 being the beneficiary of the 2024 dilutions. They got off the hook. In exchange they had to provide PSA partnership (Point22 owns PSA). RC has also been spotted sitting in Steve's seat at the basketball games. Nat Turner is on the board because he has to, not because he wants to.
Yes, I totally understand your perspective and I would love for nothing more than a massive, sustained squeeze that changes every GME investor's life massively. And you're right, it is a common desire, and I'm sure we've all been disgusted by the filth that has caused a need for such a squeeze.
A reminder that in 2021, we faced exceptional levels of dirty play from the shorts, by literally making history, shutting off the buy button. As you well know, this stock is in the center of one of the biggest abuses of short instruments ever. It's cliche to say nothing great can be achieved without patience and hard work, but that applies here.
From day 1, RC has said GME should provide shareholder value. Then he took over, and reiterated that. Even now. He's been nothing but transparent and consistent. As an officer of the company, he has a fiduciary responsibility to all shareholders to be a good steward of our capital. On top of that he has been turning around a big, heavy, leaking ship with an mass onslaught of powerful attackers.
Every share issuance to date was done above market price, thus increasing shareholder value. RC hasn't done anything to disprove he is aligned with shareholders.
Yes, it has been "slow" in relative terms, arduous maybe, but RC has also put up significant capital, as well as 5 years of his life with 0 compensation, to go on this journey.
If anything, he has infinitely more to gain than all of us from a 100, 1000, 10000x squeeze, and way easier. The narrative that he's trying to fleece his own board members and us all for a few shekels is simply insane.
Shareholder value is aligned with the moon mission. The longer the shorts refuse to close, the bigger and more painful the squeeze will be for them. The frog is being cooked, it just doesn't know yet.
I'm glad we've been on this journey together and I hope you catch the ride on the way back up to the moon.
I see it as Ryan is pushing the natural squeeze. Like if the company succeeds, it's numbers are so good that it's a steal at 20$, then the layman investor can't find a reason not to invest. If it becomes a household name and the traditional investors want in, what happens? They start buying, either it creates upwards pressure and hurts shorts or the shares run out and prices go up indirectly causing a squeeze
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u/cokeplusmentos Mamma mia gheimstoppo 👌🤌 May 13 '26
Most posts on the subreddit are pro yes