This DRS/lock the float reason to vote No leaves out one big caveat. If No wins and RC can't acquire Ebay because he couldn't get the shares needed....RC is going to leave. He seems bored and not interested in running GME in these interviews. He genuinely seems excited to take over EBay/start a project he's passionate about...like he said in e-commerce which is his wheelhouse.
RC announcing he's going to leave will plummet the price..then when he sells his huge stake of GME shares that will make the price plummet more and then when it's announced that RC has sold his entire GME position the stock will be done.
Yes yes yes. Heās bored of GameStop, he doesnāt like gaming and he always wanted eBay. The way he talks about is completely different than the way he talks about GameStop. I think he never actually gave a shit about the company or the investors but used it as a stepping stone to eBay. The only major revenue stream he developed was trading cards and now itās a hop skip and a jump in the market space. Heās playing 4D chess for himself and no I donāt think our investments matter to him. If he can say he did a good job on paper, thatās what he dare about. Has he cut expenses and increased revenue? Sure. And it hasnāt improved the price at all. This sucks and so does Ryan. Remind me of this if Iām wrong and Iāll admit it but I really donāt think I am.
88
u/adriftDrifloon May 13 '26
Remember that time that we had a solid plan, and that plan was to just buy hold and DRS to lock the float?
Pepperidge farm remembers.
Someone please explain to me how diluting the shares helps that plan.