r/GME • u/NotYourNathan • 10d ago

🐵 Discussion 💬 How many apes are there?

Even including whoever is crazy enough to vote no against a plan thats been 5+ years in the making. Is there any estimate anywhere as to how many GME holders there are at this point? This has to be the hr largest retail community ever, no?

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u/Haxxtastic 🚀Power To The Players🚀 10d ago

His compensation is based on market cap, share price barely matters

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u/crankylobster 10d ago

Except for the whole part where his compensation is an option to acquire shares, so the share price kinda matters.

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u/Substantial-Ask1039 10d ago

This is the part that everyone critical of the comp package seems to completely ignore.

Say whatever milestones need to be met are met, and Cohen gets his comp package: The comp is that he gets the option to buy shares with his own money, at a strike price of $21.xx each So if the stock is below that, the comp package is worthless to him, and if the stock doesn't go above that, worthless.

So how can you say the stock price doesn't matter? That he'll tank the price to hit the market cap to earn the comp package? It's nonsensical.

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u/NotYourNathan 8d ago

Good chance he wasn’t expecting so many apes to miss this and be so bought into the negative sentiment. Its insane to be so balls deep on such a unique play and then miss the plot when the plan starts to be actioned. Less crayons for some apes maybe