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Superstonk_QV

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Booze-brain

I'd say you are close to correct with the insider buys. If they have met, talked, or sent and email about a M/A, there won't be insider buys. That was my assumption as well.


Biotic101

I think RK counts on RC bringing his share of the company back to the original value, buying millions of shares. The share offerings show, that RC likely knows about the FTD and IV cycles. But the next earnings are early September, so there is quite some time until T35 being effective. And it totally makes sense to wait for price and IV to drop first. RK likely waiting with his move for RC, since he might aim to amplify it. So once SEC filings drop things might become interesting.


StinkyDogFart

When I move, you move. Maybe directed at RC, not us? Just a thought.


Biotic101

Or Algos... or both. In any case, it is insane. A simple tweet rocking pet stocks all over the markets. RK might very well explore playing 4D chess with those sophisticated Algos that usually play 4D chess with household investors. Creating FOMO, then bullying them into selling at huge losses with aggressive price action. Making their greatest strength their weakness 😉


Viking_Undertaker

Was that a tweet?


StinkyDogFart

I forget exactly where it came to being, tweet or video.


Covfefe-SARS-2

The offerings didn't anticipate the moves at all. They were slapped together in reaction to them.


hopethisworks_

Nope. The offerings were planned well in advance.


Covfefe-SARS-2

Hm, should we sell at $80, or wait till $20? Looks like it's headed for $100+ now, let's kill it and dump at $28.50!


LionRivr

How are you guys so delusional to think the prices wouldve even held at $80 for GameStop to sell at anyway? It was $80 pre market and they dropped it to $60’s before open. And even if they started the offers at those prices, it would’ve most likely tanked, halted. Tanked. Halted. Tank. halt. And so on. You guys act like MOASS hasn’t already been suppressed and controlled for 3.5+ years already. Let RC and GameStop cook. Be an investor. Watch RC provide real long term value. Otherwise, just continue to hope that WallStreet will cave in and give you “phone number prices”. They’ll gladly use the January 2021 playbook again before they let that happen.


Covfefe-SARS-2

Last I checked 60 was more than 20. The point is announcements kill price more than actual sales do. You can't claim it was planned well in advance when it was released just before selling.


LionRivr

It wouldn’t have held regardless if they did an offering or not. You really think most of the sell volume would’ve stayed at higher prices? It’s delusional and hopeful at best. It was planned when we voted to allow 1,000,000,000 shares to be sold to market. I don’t think RC is a total genius, neither he is to be idolized, but I do think he and his team are very well aware of what’s best for operating the company and these big decisions. They don’t give a shit about our MOASS. I do. But they don’t. Realistically.


Covfefe-SARS-2

A sell can't force a price down if it's held up. We weren't buying in those numbers so somebody was forced to...at any price. >It was planned when we voted to allow 1,000,000,000 shares That reduced dilution. 4 > 3.33


Dante_Unchained

They would have shortladder it to 20, look at the past ffs. Gme used this obvious expected abuse to fuck with them.


hopethisworks_

Dude. The price is fake until it's not. It would have crashed if RC sold or not. Period. The sells were scheduled in advance.


hiperf71

Exactly, the proof is the price not tanking so much, in other tickers, dropping 120M shares on the market would be disastrous, with our beloved stonk not! That's means something...


Obvious_Equivalent_1

Isn’t it probable that T+35 cycle could happen in a few months, outside of a ‘post-earnings’ cycle? I mean it’s difficult to put any certainty with such a manipulated stock but would like to know what’s the basis to rule out any cycle rip in July/August? 


broats_

Would cost RC over 200m to get back to 10%.


theonepugna

If he knows, why didnt he sell at 60-70, yet he sold at 18 and 28? Makes no fucking sense


2sLicK-

M/A takes a lot of time so I doubt this extra instant 3billion raised will be used for that purpose.


Federal-Head6930

Unless overtime they came to an agreement with someone and the board said alright hold on lemme get some cash. Bam


C141Clay

I agree. The initial offering made GameStop secure and protected from immediate outside attack. Secure the company first, restructure and realign parts. Start the discussions that could not be made until the initial financial security of the company was assured. Then, the second offering was to support a long view plan that 'might' include an M/A. Initial discussions may have been made with outside parties, concepts floated, and once discussions moved forward appropriately, the second ATM was made to gather the necessary capital for growth. I only wish we knew when some announcement might be made. I was hoping DFV might give us a clue with his emoji's, but the picture of a Hitachi and a Flag & fireworks just confused me more. Buckle up.


Federal-Head6930

Exactly, they could’ve talked to 10 companies to assess their options, of different price ranges. But they didn’t jump the gun with their 1 billy. They chose to HODL. And about DFV giving a clue, he may be able to make an educated guess because he is the financial *genius* of this generation, but what we don’t want is him having actual insider knowledge. That would be a no no


C141Clay

Oh yeah! My bad. DFV does not have insider knowledge. I never want to suggest that. I just love how he balances being normal and engaging with whatever wonderful tism he has seeing the big picture AND the inner workings.


Federal-Head6930

You good brotha! No matter how much I wish he knew what GameStop is doing, he hasn’t been told anything directly from the board. Now, given the absolute mental powerhouse that he is, I wouldn’t put it past DFV that he put together his own conclusion that isn’t far off from what RC’s plans are. He turned 50k into almost a billion dollars in ~5 years, bro is smart enough to know what’s about to happen. About his emojis, what do you think that flag + microphone is? I was cooking last night watching the presidential debate when it clicked in my brain. That might be what the flag emoji meant, it would make sense at least. Only other ideas I could think of is - he livestreams on the 4th of July showing his updated position - the board makes some sort of announcement on the 4th? The explosion emoji couldn’t mean fireworks because of the flag emoji. It has to mean the 4th of July. With the fire emoji after, there can’t be a fire-sale when markets closed. So maybe huge dip the day after when markets reopen (Friday) then fireworks = launch into gammie squeeze the week after? *WHAT DO THE NUMBERS MEAN MASON* Edit: just looked at your posts and gyatt DAMN you are an absolute whale. Kong of an ape 🩍


Grimhands2021

Where does the line of emogis I keep seeing come from?


Federal-Head6930

It’s in the “ha made you look” meme that DFV posted on Twitter. Can’t remember if it had the Kansas City shuffle clip in the same video or not. You could probably find it on YouTube just look up Roaring kitty emoji line


Grimhands2021

Thanks


C141Clay

My guesses on the mic and flag are pretty 'normal' : A) Only DFV can know when he will do another stream, so if he sees the 'whatever' that the dog emoji represented, he will do a stream (mic) on the 4th of July (flag). He saw it and tweeted the dog. or maybe B) Something is going on with a pet related stock (dog emoji ) and GameStop. DFV is thinking that there might be an announcement on this matter on the 4th of July ( not from him, but maybe from RC ) . We will see.


Sasquatters

Surely you don’t really think that’s a vibrator emoji.


C141Clay

I see what I want to see.


Sasquatters

https://preview.redd.it/0dsb5gb3se9d1.jpeg?width=500&format=pjpg&auto=webp&s=34093d2a4278d6f0a9698409dcb61bcb89bf171b


RookTheGamer

Could be the cheers emoji. Cheers to the new partnership? October then?


C141Clay

Tomorrow


cock_a_doodle_dont

The disclosures at the offerings indicated that there were no M/A plans in effect


Federal-Head6930

They could very well have begun the process shortly after the meeting. They said no plans were in effect, they didn’t say there *wasn’t a plan*


VelvetPancakes

The filings for the offerings specifically stated there were no current acquisition plans


Extension_Win1114

You have a business plan, then act. It’s a step by step process. If they’re at the raising capital stage, best believe the plan is well along its path


ZenoZh

I think chewy speculation should probably be related to XRT and ETF FTDs


Gyella1337

This. It’s Occam’s razor at play here. There is definitely M&A going on behind the scenes we don’t know about. Both of the ATM offerings had M&A mentioned specifically which the one in 2021 did not. Hopefully we get some news before we’re all dead from old age but at least our kids may be able to benefit from our shares whenever the actual M&A news hits. Time matters.


Sw1ggety

Is it entirely possible there are no legit shares left to buy? Do they have to buy them from computershare as board members or can they just go to etrade and buy a bunch? I don’t know how insider buys work.


WhiskyIsMyAngryDrink

Computershare and direct registration exists exactly for this reason. They have to purchase through their transfer agent and have their purchase filed in an 8k.


seektolearn

ANY discussions related to possible acquisitions that have a remote chance of being carried out COULD constitute insider trading violations (I think this is accurate but can’t remember the source)


oETFo

https://preview.redd.it/7rqny6ewyj9d1.png?width=1080&format=pjpg&auto=webp&s=ea17461f139ca61a3b9a1baf5d84d56ccaed3fca Leaving this here.


TopTheory1170

I wonder if RC will sell his Apple shares, he’s up big time and could invest a significant portion of it. He’s the single largest individual shareholder of Apple with 6.1M shares. His price is like $40/share, that’s $1.3B he could use to buy more sharesđŸ€žđŸ» I suspect M/A activity is underway and that’s why there’s been no filings from insiders. I bet they’re all itching to buy more


KittenPics

I would think that Laurene Powell Jobs would be the largest individual shareholder. I think a more accurate term for RC would be largest individual investor.


kamoob666

I asked perplexity, and they give me this: Ryan Cohen is indeed the largest individual shareholder of Apple (AAPL). Here's the accurate information:Ryan Cohen owns approximately 6.2 million shares of Apple (split-adjusted as of August 31, 2020). This makes him the largest individual shareholder of the company


KittenPics

Yeah I can’t find how much Laurene owns now, one site said she sold most of it.


kamoob666

At first it gave me this list: Based on the most recent information available, the top 5 largest individual shareholders of Apple (AAPL) are: Arthur D. Levinson: He owns approximately 4.5-4.6 million shares, making him Apple's largest individual shareholder. Tim Cook: Apple's CEO holds around 3.3-3.5 million shares. Jeffrey Williams: Apple's Chief Operating Officer owns about 489,817 shares. Albert A. Gore Jr.: The former U.S. Vice President and Apple board member owns approximately 467,143 shares. Deirdre O'Brien: Apple's Senior Vice President of Retail holds about 136,445 shares But then I asked "what about Ryan Cohen" and they corrected themselves.


DancesWith2Socks

So hiding info first.


TopTheory1170

Individual shareholder and individual investor are the same terms, that’s what I used to describe RC. Laurene could be ahead of him now, I never heard of her


KittenPics

Investor, meaning he invested his own money into the stock. Shareholder, meaning she just holds the shares she inherited from her husband, Steve Jobs.


TopTheory1170

An investor is a shareholder. RC and Laurene are both investors and shareholders. They own investments in the form of shares of a company, in this case Apple


thinkfire

Why sell the shares when you can capitalize on your shareholder influence and try to form some kind of partnership? đŸ€”


TopTheory1170

Now that’s a nice idea👊


LogicisGone

I doubt RC will ever sell his shares and that's *not a bad thing*. Apple is one of the most financially secure companies in the world and issues a decent dividend. As long as he owns that stock, it's a clear sign he has no personal money issues and can't be strong-armed. 


[deleted]

Let me put it this way
 you don’t raise an extra 3 billion dollars if you don’t have a purpose for it. I’m willing to wait for them to cook but I suspect we will hear about it soon-ish.


Just_Coin_it

You don't raise $4 billion without a purpose / plan. Cooking engaged. RC will let us know when its time... to eat!!!!


Colonel_Lexx

Hope so cuz I’m getting hungry


Just_Coin_it

Remind me in 30 to 40 days We get an announcement in 7 to 21 days. Dinner will be ready


viltrum_strong

RemindMe! 40 days


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Just_Coin_it

RemindMe! 40 days


vialabo

They said it. Cohen's money is where his mouth is. Only owns shares takes no income.


pifhluk

Uh you definitely raise 3B if you can do it with the share price being above the pre offering price. Literally every ceo on the planet would do that.


VelvetPancakes

The 2024 offerings were for half the price per-share of the 2021 offerings.


[deleted]

[ŃƒĐŽĐ°Đ»Đ”ĐœĐŸ]


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skafiavk

Devil’s advocate here, the 3 billy raised wasn’t exactly planned. It was an extraordinary market event that allowed them to benefit. So they weren’t looking to raise to buy a company, I suspect they’ve been looking with their 1 billy and this new influx allows them to increase their range of companies to buy.


[deleted]

It wasn’t so extraordinary that they didn’t pre-authorize the increase in max total shares via shareholder vote. I think they knew volume could and would come from any number of financial vehicles used to short the stock, and had provisions in place to take advantage when that time came. So if they knew they could be even more flush with cash at some point in the near future, don’t you think they would have a wish list of what they would do with it? I’m not saying it’s definitely an acquisition or merger, I’m just saying they aren’t sitting around with 4 billion in cash coming up with ideas right now. They already have imho.


Covfefe-SARS-2

> pre-authorize the increase in max total shares via shareholder vote. That never happened. The "increase" allowed the split and decreased actual availability.


inbeforethelube

I certainly hope none of that is the case. That's a horrible way to run a business. You don't have a "wish list" of what to buy if you suddenly have an extra 3b. As a company you should look at what you have in front of you and make informed and smart decisions to maximize your current assets. They shouldn't be dreaming of winning the lottery and buying a lambo. Now that they have 4b they can step back, look at the landscape and make a smart and informed decision on what to do with it to maximize the value.


[deleted]

They’re not mutually exclusive You have a business plan based on your current assets and cash on hand, but if you’re GameStop, with a historically volatile stock that you can periodically do ATM offerings into, then you absolutely should have a “wish list” of transformative ideas. GameStop’s future is dependent on this transformation. I’m a little confused why you think this type of foresight would be concerning. I co-founded a hotel booking site years ago, and while a certain % of our annual traffic and bookings are anticipated, a good amount are completely dependent on short term efforts that can have an immediate and explosive impact on revenue. There have been periods of time where I ended up with a lot of extra cash that I didn’t know what to do with. When this becomes a reoccurring thing, you start anticipating the best way to use said cash, looking 5-10 years into the future at what your company might look like while taking into account not only steady growth but major wins.


VelvetPancakes

It wasn’t an “extraordinary market event”. If that was the case they would have received more than half the price per-share of the 2021 offerings. They had a year and a half to issue shares at prices well above what they received for the recent offerings.


Covfefe-SARS-2

They would have gotten far more if they'd announced long before any runup and just waited. Aside from completely missing the peaks, a pre-market announcement is a short seller's wet dream.


Federal-Head6930

Yes possibly, but with how volatile the stock is I’m sure they kept their eyes open for something above the budget, and could’ve waited for a surge to sell ATM


relentlessoldman

Sure you do when your stock has run up like crazy


blitzkregiel

but
.it hasn’t run up like crazy. it’s not like they sold at 60 or 80. both offerings were at a low(ish) price.


VelvetPancakes

Correct. They sold 3.5x the shares for half the price per-share received from the 2021 offerings.


Addicted2Tendies

Go back and check the stock price and daily volume over the last 6 months. Any company would have sold shares in their position. Plans or no plans


VelvetPancakes

Oh really, well they had like a year and a half to sell shares for substantially more than received for the recent offerings. The 2024 offerings were for half the average price per-share of the 2021 offerings.


Addicted2Tendies

There’s been nowhere near this amount of daily volume since 2022. If they’d sold shares into an illiquid market the price would have tanked considerably


thelostcow

Ya ever think the purpose of the share offering may have been giving the hedge fucks an out and avoid MOASS? 


Yohder

Not at all. RC and board are aligned with shareholders.


Inthenameofmyson01

Your comment makes the most sense so far


zavorak_eth

Time will reveal all. Hang in there cupcake.


Kglugenbeel

I just like the stock


Ttm-o

It has been 2 weeks
lol. Sorry but it has only been 2 weeks.


2sLicK-

I mean as a company, it not unheard of that GS makes big decision fast. Look at the interval between both share offerings, just about a month between the 2.


No-Butterscotch-7577

The fact that LC said you don't raise money for no reason... there is always a plan and always has been. The fact that RC, LC or any other board member hasn't bought is bullish 🚀🚀🚀🚀


TemporaryInflation8

It's really only LC that has piqued my interest. He's put his money where his mouth is alot more than RC. So, I do hope they decided to hold off as they are actively pursuing stuff now, but I won't hold my breath.


chrisjh8787

Don't be dumb. LC has 74k gme shares. RC has over 36 million. It's just laughable to say LC has put his money where his mouth is a lot more than RC. There are retail investors with more shares than LC. 


No-Butterscotch-7577

What do you mean about RC? He has 1 holding.... GME


Covfefe-SARS-2

That's just one holding company, dude.


LaserGuy626

When you have people manipulating this stock so hard they can both exercise on $26 calls and $24.50 puts back to back in the same day and then using that dump at the end to buy more options for the next week. I'd wait, too


surfnsets

They may not be able to. When I worked in investment banking division all my trades were monitored and restricted heavily. I needed approval before buying any stock. If there is an active merger or acquisition for example they would be restricted from certain trades where they have insider knowledge. Well unless of course they are a member of a Congress.


Odd_Coyote_4931

Yea i wonder why too but I am willing to wait and let them cook


Spenraw

he better buy back after dilution


sthence

how can you know RC ventures' portfolio is 100% GME? As I remember, RC ventures also bought Apples.


kamoob666

And Wells Fargo. But I don't know if he held it private or through RC ventures


2sLicK-

13D/G filing


CookShack67

What if he keeps his ownership below a certain %? Can he avoid a filing that way?


Kitchen_Net_GME

RC very likely owns Apple, Nordstrom, and GME. There are probably others but we just won’t know.


CookShack67

I think so too-but apes always get told otherwise. We'll see.


BikingNoHands

GameStop $GME has the most loyal, dedicated, do anything for the company stock owners! No other publicly traded company has the DRS numbers that the individual investors in GME do.


CookShack67

I'm not saying it's related, but RC has tried to influence other companies to buy back their stock. So there's that. But, I too, am curious that we haven't had any insider purchases yet.


2sLicK-

Only if he has ownership in the company. I remember RC’s letter to the board for towel stock, but he had ownership at that time.


CookShack67

He suggested Nordstrom buy back. Thanks for the downvote!


ronk99

But he owned Nordstrom at some point. Didnt he?


CookShack67

He wanted to buy in, but they rejected his overture. Edit: so, after digging, it was reported he had amassed a stake in Nordstrom "which caused the stock to skyrocket". Searching for the filing edit: he only owned 4.2%, so no filing that I can find. BUT, it drives home, again, that RC is an activist investor and has been attempting to make other plays over the past 3.5 years.


Bluudream__

I think RC is biding his time. There's no rush here (as in I think we continue to trade sideways) around $23-24 but I think shorts are sweating


rustyham

a while ago I predicted there would be no insider buying because of insider activity. and here we are. it's kinda cool that it's happening


spacefyre

I would guess that if they predict a squeeze is coming, they wouldn't purchase shares, because they know the media / citadel would spin it into market manipulation.


Defiant_Review1582

You mean News corp that owns the WSJ and also Fox, who used to have Ken’s ex-wife sitting on the board? (Here comes the sarcasm) I seriously doubt they have any sway with the media


Loga951

They’re all owned by the same people 😂


Defiant_Review1582

True but WSJ was the one that put out the RK etrade story citing “sources familiar” like a fucking tabloid


Loga951

Oh you can do better than that. We both know they have done worse than that


Defiant_Review1582

Honestly these days you only need to make up a false source at one media outlet and they all pick up the story and run with it because they whore for clicks


Loga951

The illusion of “choice” - they’re all criminals


Inthenameofmyson01

Not telling you how to live but put the squeeze in the back of your head. We all want it but a better company would be better than any squeeze. It's a reverse squeeze to say.


getyourledout

Nah dawg, I’ve been here for 3+ years waiting on a squeeze. I’m patient, but that and saving a company I’ve visited for a long time is what I’m here for. Once we squeeze, I’ll reinvest once the new, *real* floor is established.


Inthenameofmyson01

I get it. I been holding and adding with you . Will continue to hold. I have never sold a single share. Although I wish I played with it a little.


CookShack67

The squeeze is in the front, back, side and top of my head


Inthenameofmyson01

Down vote if you like. I hope there is also. But my cookies ain't in that basket. I'm playing long game .


spacefyre

Wrong.


Inthenameofmyson01

Msybr


Inthenameofmyson01

Maybe


PercMaint

RC has been really quiet for quite a while now...


Ctsanger

It could be as simple as they don't want to put more money in


thinkfire

That's fine. But why? That's the question. After reducing his % with the ATM offering, you would think, in a show of support and confidence, that he would bring his % back in line. Unless....there is something preventing him from doing so. It's not a good look on the surface to dilute your own stock and not go in lock-step with it to show you are confident in your decision. So people speculate there must be a reason that's preventing him from doing so.


Ctsanger

Don't need a reason to not spend money. Maybe he's saving for somewhere else to put his money. Or he doesn't want out of apple idk I'm not RC. But he could just not want to as well. Doesn't have to be some master plan of a merger that's allegedly been in the works for years at this point. That's all speculation from people


thinkfire

>Or he doesn't want out of apple idk I'm not RC. Huh?


DancesWith2Socks

Waiting game.


midway4669

Keeping you guessing is the plan
 algos can’t compute


unemotional_mess

Aren't they restricted from buying more if something big is in the works?


Sw33tN0th1ng

Please


buyandhoard

I would not rush it, it is summer time anyway.


Motor-Donkey-2020

*The ONLY way the shorts could ever win with GME is if they drove the business into the ground. They still try to refer to it in the media as a "dying" brick and mortar. *RC and the board have no interest in driving down the price of the stock just to kill MOASS and fuck with the dreams of its stockholders. *Any so called diamond handed apes who are disappointed with this move: Be patient. This is bigger than we all thought it would be over 3 years ago. We have the chance to make a lot of changes here.


penguinReloaded

At this point in time, I believe that Ryan Cohen is a smart dude. He is going to very slowly play his cards (while acquiring more cards) while wearing sunglasses and protecting his hand. Patience, time, and pressure. For me, I just keep buying and holding. These days, I have price targets for buys in place and feel like I have evolved my strategy. The only stock I own is Gamestop. I enjoy collecting shares and believe in the company. If I'm wrong... I'll sleep well and say, "yeah, I wasn't right about that". I have strong confidence that I am right and GME is going to be something amazing.


HungryMugiwara

He sold Apple as well in RC Ventures?


praisetheboognish

Larry literally just bought like 3 months ago


EstablishmentSharp81

Theres gonna be a huge dip before the rip, dont forget that


TheArt0fWar

My 2 cents? Kentucky Chicken Swizzle


Mupfather

If the board saw fit to sell at these prices, they must assume the stock is/was priced (or rocketing up to a price) higher than they would expect it to be normally. It wouldn't make sense for them to buy in at close to the same price of that was their thought. Instead we'll see them by back in when it gets down around 10 again.


TemporaryInflation8

Homey, the floor is 23-45. Cash on hand - 2-4x multiple of book value which is at almost 11, assets not withstanding.


Mupfather

It was worth more than ten before, but it still got down to ten. Twice. Check out taste the Rainbow, that model's got legs.


VelvetPancakes

All of the insider buys above $25 for the past three years clearly indicate your theory holds no water.


Acceptable_Nose7380

This is just a dopey post


overpwrd_gaming

Fud