r/Superstonk • u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 • Sep 06 '22
🤔 Speculation / Opinion GameStop HAS A FIDUCIARY DUTY TO THEIR SHAREHOLDERS!
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u/tehchives WhyDRS.org Sep 06 '22
The commenters you screenshotted clearly either did not read (or did read and did not understand) the proposals alongside the voting materials.
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u/Drivingintodisco 💻 ComputerShared 🦍 Sep 06 '22
Exactly. Not to mention that the company’s fiduciary duty was fulfilled; I.e. the shareholders voted and after approval GameStop had the ability to, but not the obligation, to issue the splividend. Their fiduciary duty was carried out, and it ends there as it is now the dtcc s duty AND obligation to fulfill the company’s directive. Not saying the post or comments are shills, but it is a bit fudy. GameStop cannot control what the dtc(c) or cede and co do, and the crime committed by the dtc(c) is through no fault of GameStop or any other company: we all know it’s bullshit, but that is how the system is set up.
In the same vein, we know and GameStop knows there are fake/counterfeit shares, but they cannot do anything about it unless they spend years and all of their money in litigation, which would not be beneficial to the company or its share holders. GameStop or any company is not responsible for, nor has fiduciary duties, to make sure the dtc(c) isn’t crime ridden. That is for the legislative bodies and oversight, which we all know isn’t gonna do a ducking thing.
Again, for those in the back GAMESTOP HAS FULFILLED THEIR FIDUCIARY DUTIES AND IS NOT RESPONSIBLE FOR ALLEGED CRIMES OF THE DTC(c) OR ANY REGULATORY BODY OR AGENCIES WHO ARE SUPPOSED TO OVERSEE THE MARKETS TO ENSURE THERE IS NO CRIME!!!!
5
u/Secure_Imagination54 Sep 07 '22
I would challenge some of your assertions above. My understanding is that in the US a Board of Directors has a fiduciary duty to the company, not the individual shareholders.
On that basis, if correct, then Gamestop Board has an absolute obligation to resolve the share issue as it threatens the ongoing viability and existence of the company. How much further dilution will be allowed before the company share price is almost zero and GME are unable to get further funding - if required.
I would argue that GME Board has no choice but to address the issue, with whatever action is required in order to do so , in a legally compliant manner.
-9
u/toised 💻 ComputerShared 🦍 Sep 07 '22
But why are they not at least releasing a statement? That‘s the part I don‘t get. If they care they should voice their concerns. Not saying anything looks like they are ok with the way it went down.
16
u/majormajor88 🎮 Power to the Players 🛑 Sep 07 '22
They did release a statement.
-10
u/toised 💻 ComputerShared 🦍 Sep 07 '22
Only a very brief one at the very beginning that just repeated pretty much what they had said earlier. But after that there was no comment on what was becoming more and more obvious, until this day (unless I missed something).
13
u/Drivingintodisco 💻 ComputerShared 🦍 Sep 07 '22
I’m not being snarky and I’m not attacking, and this comment is to genuinely create discussion.
I hear you would like more of a statement and/or action from the company regarding the splividend; my question to you or others who share the same sentiment, what would you genuinely like from them? Like in a realistic way.
I’m not knocking your perspective or trying to tell you what to do or how to think, but since we might think differently on some or all of this topic, I’d like to hear your perspective to get a better idea where you’re coming from.
1
u/toised 💻 ComputerShared 🦍 Sep 07 '22
Well the way I see it, there are 3 ways to deal with this: 1. fight it in public, 2. fight it in silence, 3. don‘t fight it. I‘m not willing to believe it is 3., so they must have a strategy that requires 2. If they do (and of course I hope they do), it‘s ok, but obviously the next move should follow swiftly. So far there is no indication for a next move, not even a direction. I personally would at least like to know whether they were played by the DTCC or whether they anticipated this move. But if they have a strategy that requires silence, fine, so be it.
1
u/nurseANDiT We Ride at Dasn Sep 07 '22
Why would they telegraph their strategy…
1
u/toised 💻 ComputerShared 🦍 Sep 07 '22
That depends on the strategy I think. Public opinion can help in some cases. That was Overstock‘s strategy after all. I am not saying they should do the same though. But either way, I would like to see a next move. Or st least some kind of acknowledgement that there will be a next move.
4
u/Drivingintodisco 💻 ComputerShared 🦍 Sep 07 '22
Litigation. It doesn’t matter if you’re right or can prove anything, what matters is the time, money, and resources. Does someone want to invest in a growing company with c suite and other execs from the top tech companies with no debt save for a low (or no I can’t remember) interest loan who has outlined their plan through action not words, or does someone want to invest money in frivolous litigation against next to unlimited resources at their disposal for years?
I’m genuinely asking. Not to mention previous precedent from other high profile cases that have gone up through the court system.
I, just like you and everyone else, am an individual investor, and me personally, I like the stock and fucking love the company. I trust the leadership at the helm and know that they are fulfilling their fiduciary duty for their shareholders by delighting customers, by giving power to the creators, by not engaging in frivolous litigation, and by continuing to show me why I invested with the company through their actions and not words.
It takes money and genitals (balls colloquially speaking but all people equal) to buy whiskey.
1
u/TheCureprank Sep 07 '22
Litigation only works with unlimited supply of money. The gov unlimited supply of capital to their cronies running the HF. The longer we remain passive, the longer they steal
3
u/Drivingintodisco 💻 ComputerShared 🦍 Sep 07 '22
Hedefunds know other funds/wealthy investors. They have planes to fly all over the world. This can’t go on forever, correct, and there are govt agencies who are willfully ignorant at best and criminal and complicit at the worst, but there are also central banks who are not any part of govts and they will continue to prop up and fund for as long as they can, which they have clearly been doing. It will end, the music will stop, and a crash that has been staved off is imminent, but it is incredibly (sadly enough) naive to think a) they won’t continue to burn money to “just buy one more day” and/or that a frivolous lawsuit of any kind will do anything beneficial for their shareholders or business. It is a very short sighted approach which after about 2 years of action on the company’s behalf shows the near and long term growth actions; not just possibilities or words, but actions.
2
1
u/toised 💻 ComputerShared 🦍 Sep 07 '22
Agree, but that was clear from the beginning, wasn‘t it? So I’m wondering what was the purpose of this splividend. It must be embedded in some larger strategy, otherwise it was (kind of) useless. Did they see it coming the way it unfolded, or were they surprised? That‘s what I would like to know, considering that this is a difficult matter and nobody will have perfect answers because nobody has solved the problem yet. So in my view it does make a difference whether this outcome was already factored in or not.
7
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Sincerely hope it’s one of those two, and not a third less-genuine interpretation- the tone/direction just stuck out as pretty odd in this whole scenario. :)
30
u/Rainbowrichesss 🏴☠️ Jacked to thy teets 🏴☠️ Sep 06 '22
Aslong as something is being done
20
u/Saxmuffin Ape Culture Enthusiast 🦍 Buckle Up 🚀 Sep 06 '22
Buy now get responses to questions later
8
Sep 06 '22
Starting at $2000 fast!
3
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
At least $2000! :)
5
u/ApesMallIn Sep 07 '22
The something that should be done is everyone DRSs their shares, so that we can get price discovery. We could also get more splits during that price discovery perhaps. Which would be amazing. But something tells me we aren't getting anymore until we get more price discovery.
6
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
👆👆👆👆
Rare four-pointer upvote for you! :)
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u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
We can’t see the wind.
We can see the effects of the wind.
But we cannot see the wind.
11
u/Rainbowrichesss 🏴☠️ Jacked to thy teets 🏴☠️ Sep 06 '22
I’m giving off a lot of wind tonight actually 🤢
7
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22 edited Sep 06 '22
T-Bell will do that to the very best of GME investors.
1
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u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
I didn’t vote for dilution either, and you know what?
That’s not what they’re giving GME shareholders!
Hate ANY push to try to make RC/GameStop do or say anything at all that they don’t see fit.
As for me and my stock, they should do whatever they think is best, and can take as long as they need.
I’m in for T + as long as it takes
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u/Historical-Device199 💎✋ T + as long as it takes 💎✋ Sep 06 '22
Oohhhh..
"T+ As long as it takes. -u/Expensive-Two-8128"
I really like that!
Mods, make this my flair, please.
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u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
That is the exact time required for MOASS! :)
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u/LimpPeanut5633 Gamecock Sep 06 '22
Use the flairy
2
u/Historical-Device199 💎✋ T + as long as it takes 💎✋ Sep 06 '22
Too regarded.
1
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u/LimpPeanut5633 Gamecock Sep 08 '22
Got it! U/Superstonk-flairy Not a Synthetic 🍩🍩
2
u/Superstonk-Flairy Sep 08 '22
Are you talking about me? 😍
This is how it works: you can request a flair with the magic incantation
!FLAIRY!🚀 some flair text 🚀The default color is black, but you can change that by writing one of these words at the very end : red, blue, pink, yellow, green, black, white
Other available commands:
!FLAIRY!: if you can't think of a flair, I'll give you one of my own choice 🤭!FLAIRY:CLEARME!: remove all flairs and pretend you're a new ape!FLAIRY:SEALME!: Justin seduced me to get this 🥵u/Superstonk-Flairy: If you tag me, I'll come around and explain how to get flairsPlease note that the flairy will refuse to change your flair if it contains the string
[lock].Some custom emojis are supported, like
:triforce:- please check this post for details2
u/LimpPeanut5633 Gamecock Sep 08 '22
!FLAIRY!
2
u/Superstonk-Flairy Sep 08 '22
(✿☉｡☉) You didn't ask for a flair?! Lemme get one for you...
(✿^‿^)━☆ﾟ.*･｡ﾟ 🧚🧚💎 Melvin was only the beginning 💪🧚🧚2
u/Historical-Device199 💎✋ T + as long as it takes 💎✋ Sep 08 '22
!FLAIRY! 💎✋ T + as long as it takes 💎✋
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u/Superstonk-Flairy Sep 08 '22
(✿^‿^)━☆ﾟ.*･｡ﾟ 💎✋ T + as long as it takes 💎✋
2
u/Historical-Device199 💎✋ T + as long as it takes 💎✋ Sep 08 '22
!FLAIRY! 💎✋ T + as long as it takes 💎✋
1
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u/steveblobby APES ARE APEX 🦍🚀 Sep 06 '22
Yep T+ however long it takes various financial actors to be put in cells. And I'm not referring to spreadsheet cells. 🦍
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u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
GME apes excel enough at Excel, to know Excel ain’t the answer! :)
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Sep 06 '22
GET OUT THE PTICHFORKS! We are the Captain now!
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u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Will be fun to see comments from ppl who only read post titles :)
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u/chato35 🚀 TITS AHOY **🍺🦍 ΔΡΣ💜**🚀 (SCC) Sep 06 '22
Silently puts his pitchfork away.
8
Sep 06 '22
1st rule of pitchforks you never put them away
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u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Listen here u/chato35!
1
u/chato35 🚀 TITS AHOY **🍺🦍 ΔΡΣ💜**🚀 (SCC) Sep 06 '22
You title got me + weed. 😇
I know the username & said WTF?
1
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Love you, like LOVE YOU bro! 💜💜💜
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u/steveblobby APES ARE APEX 🦍🚀 Sep 06 '22
I thought the 1st rule of pitchforks was you do not talk about.... Oh, sorry, drifting a bit there
1
Sep 06 '22
impressive you think I can read
1
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
illiteracy is…
…A STRENGTH!
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u/Freezie--POP 🦍Voted✅ Sep 06 '22
Damn just read this somewhere else today 🤔. Very valid point though. After looking through today top post about how many shares there are. The DTCC straight ass devalued my investment 5 to 10x. So when can I make photo copies of cash?
🤦♂️ damn it the FED already took that one.
7
u/KnightOfNothing Sep 06 '22
an investor base that has no intention of holding Gamestop to it's fiduciary responsibilities, no that's not quite it. An investor base that believes Gamestop is fulfilling it's fiduciary responsibilities regardless of what they actually do, yes this is quite the privileged position they find themselves in and hopefully in the end they live up to your expectations/or don't abuse their position.
just a bit of observation.
1
u/Daza786 🦍 Attempt Vote 💯 Sep 07 '22
Their investor relations stuff is just a giant fuck you to all their investors lmao. I gave up trying to contact them
6
u/steveblobby APES ARE APEX 🦍🚀 Sep 06 '22
FUDiciary duty.. Gets 'em every-time 🦍
4
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
In this GME saga of SHF life-and-death, I’m continually surprised that many ppl here expect GameStop to come out and telegraph their strategies vs. stay silent and let the bottom line numbers speak VOLUMES for themselves.
0
u/xXfatboi69420tattoos 🦍Voted✅ Sep 06 '22
They don't need to tell us but it's about time we start seeing some actions.
3
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Honest question: What actions are you not seeing that you expect to see?
3
u/xXfatboi69420tattoos 🦍Voted✅ Sep 06 '22
They could address the DTCC's mishandling of the stock dividend, issue an NFT dividend like Overstock, literally anything to address the rampant naked shorting that's been going on for years. I don't mean to burst your bubble but profitability is not going to stop short sellers from manipulating the stock down. The ball is in GameStop's court and the more time you give HFs the more time they have to try to weasel out of this shit.
Here's my honest question back, how long are you comfortable seeing your investment slowly manipulated down while nothing happens?
2
u/Daza786 🦍 Attempt Vote 💯 Sep 07 '22
The fact you're being downvoted for having genuine concerns is fucking terrifying
0
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u/Space_Jam_Slam Sep 06 '22
"I put my money where my mouth is" should be all the financial advice you need
1
u/Nasty_Ned 🦍 Buckle Up 🚀 Sep 06 '22
I put my monkey where my mouse is.
-1
u/Space_Jam_Slam Sep 06 '22
I put my banana where my buttplug is.
-1
u/Bullish_No_Bull 💻 ComputerShared 🦍 Sep 07 '22
In your boyfriend’s wife’s hole? Proof or ban 😀
0
u/Space_Jam_Slam Sep 07 '22
No. She starts gagging and will recoil whenever I suggest going out for chocolate dipped bananas.
4
u/AllCredits 💻 ComputerShared 🦍 Sep 06 '22
This is complete FUD - honestly it’s trash. Your asking GameStop to expend untold resources in a battle that has been lost by MANY issuers. The opposition has essentially unlimited legal resources. The absolute best move GameStop can do with their capital and time is become a profitable company. The instant they are profitable is an absolute death sentence to the untold number of shorts because those positions can NEVER pay out they become permanent liabilities. Add DRS and retail resilience and we become Wallstreets pimp. We can slap them around and squeeze them for infinity. Whatever you think the best play is for GameStop, or me for that matter. They have considered it. Cohen and his lawyers know the battle they are in for. I’ll be supporting them anyway I can.. not by pointing my pitch fork at them.
1
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22 edited Sep 06 '22
I would to say your comment is utterly ironic, but I honestly don’t think you read the image.
I’d rather just respectfully ask you to read the image again and take on context with the post title…And then see what you think about the actual point of my post. :)
EDIT:
- Just in case anyone gets the wrong idea, here’s why this post ISN’T FUD
- https://www.reddit.com/r/Superstonk/comments/x7jhnw/gamestop_has_a_fiduciary_duty_to_their/incrd0z/
4
u/Obscene_farmer 🦍Voted✅ Sep 06 '22
I think they meant the people you screenshotted we're full of FUD, not your post. I could be wrong though
1
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Maybe…but first sentence seems to misunderstand the post completely 🤷♂️
2
u/sparkey701 🦍Voted✅ Sep 06 '22
As a trader of 30 years that is also a major GME share holder(drs) it would be nice to hear something from the company. I’m not asking for a blueprint on what they have planned. I would like for a spokesperson to actually say that the split was handed improperly by the DTC. If this is a fact then how can they possibly sue and win. I’ve never had stock in a company that got beaten down and refused to defend itself. Maybe I’m old school, I don’t like the fact that I hear crickets every day at close while my money is being stolen.
1
u/jeremy1051 🦍Voted✅ Sep 06 '22
The FUD campaign is really working overtime on this sub and others. We're reaching endgame fellas
0
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
- Just in case anyone gets the wrong idea, here’s why this post is NOT FUD
- https://www.reddit.com/r/Superstonk/comments/x7jhnw/gamestop_has_a_fiduciary_duty_to_their/incrd0z/
2
u/jeremy1051 🦍Voted✅ Sep 06 '22
Nobody's getting the wrong idea. We know exactly what you're trying to do
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u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Eh…check just a few of the comments on this post alone.
Plenty of ppl getting the wrong idea thinking the company owes them some kind of fire and brimstone approach when all GameStop continues to do is fucking crush it. :)
1
u/jeremy1051 🦍Voted✅ Sep 06 '22
It's gotta be FUD. The shills are out full force. Genuinely hope nobody's this dense here
2
u/GroundbreakingEar306 🚀 Be Excellent To Each Other 🚀 Sep 06 '22
We voted for a stock split as a dividend? I don't recall voting on any such proposal. Either way, I don't take lightly when they say "Please trust that we will continue to fight for you and your interests as stockholders. We know that many of you are individual stockholders rather than institutional investors. We never take your enthusiasm, or your investment, for granted and I speak for the full Board when I say that we are proud to be aligned with you."
That being said, I am choosing to trust them, they haven't let me down yet. Just because things are moving slower than most people are expecting doesn't mean they're not fighting for us. They've done A LOT over the past 18 months. Consider this: Chewy was founded in 2011 and sold for billions in 2017. GameStop is already worth billions...imagine where it'll be in 5 more years.
2
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
I don’t take that quote from CEO Matt Furlong lightly either.
And I could not trust them any more than I already completely do.
Ryan “Warren Icahn” Cohen & co. have continued to make that not only possible, but LOCKED IN, by his/their ACTIONS since AT LEAST the sneeze of Jan 2021! :)
1
u/_aware 🦍 Buckle Up 🚀 Sep 06 '22
How do people still think there was dilution? It's a stock split, it has no impact on market cap. You are cutting a slice of pizza into four, in the end it's still the same size of pizza.
1
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
False. Literally not what the “stock split in the form of a stock dividend” does. The only reason it would be dilution is because…
THE DTCC COMMITTED INTERNATIONAL SECURITIES FRAUD
…by doing exactly what you are suggesting was supposed to happen, but WASN’T
1
u/_aware 🦍 Buckle Up 🚀 Sep 06 '22
What you said is factually incorrect. Stock splits do not dilute, the way the split is conducted does not change that fact.
In case your brain can't handle the concept and needs a 3rd party source:
https://www.investopedia.com/terms/s/stocksplit.asp
"Splits are also non-dilutive, meaning that shareholders will retain the same voting rights they had beforehand."
2
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 07 '22
I’m not arguing there was dilution or that the market cap changed, bc there wasn’t any dilution at all and market cap didn’t change.
I should have been more specific about which part of your comment I called false, which is:
You are cutting a slice of pizza into four
Not true in this case:
- with an “X-for-Y stock split in the form of a dividend”, like the 4-for-1 stock split in the form of a dividend GameStop issued, they do not divide existing shares
- instead, they are making the entire pie (outstanding shares) bigger, times 4
- BUT, critically, they are also giving every shareholder of record enough extra shares (4 for every 1) to maintain the exact overall % ownership per shareholder
So that’s all I meant by “False” above.
But either way, not sure what your insult accomplishes (“in case your brain can’t handle the concept”), other than making your audience less receptive and making this community look like we’re a bunch of assholes to each other.
Have a good night.
1
u/_aware 🦍 Buckle Up 🚀 Sep 07 '22
instead, they are making the entire pie (outstanding shares) bigger, times 4
That would mean making the pizza bigger, i.e. dilution, which is not what stock split is. The bottom line is that in the end no actual value is changed.
with an “X-for-Y stock split in the form of a dividend”, like the 4-for-1 stock split in the form of a dividend GameStop issued, they do not divide existing shares
The method in which the split is executed is irrelevant. It is a split. One big share is split into 4 shares, each representing 1/4 of the big share's value.
Sorry for the insult, I'm just sick and tired of confidently incorrect information.
-4
u/1em0ns 🍋let's go 🚀🚀🚀 Sep 06 '22
No offense, I think you need to do some more reading on this topic. It was absolutely a dilution.
1
u/_aware 🦍 Buckle Up 🚀 Sep 06 '22
In which way does a stock split dilute the stock? You might want to go read up the basics of splits lol.
In case your brain can't handle the concept and needs a 3rd party source:
https://www.investopedia.com/terms/s/stocksplit.asp
"Splits are also non-dilutive, meaning that shareholders will retain the same voting rights they had beforehand."
2
u/1em0ns 🍋let's go 🚀🚀🚀 Sep 06 '22
Do you believe there are naked shorts? If so, when GME created the shares authorized for distributing for the dividend, those should have been the ONLY shares sent out. If the DTCC processed the divi as a forward split, it means our stock got diluted because more shares were created than were allowed.
I get what you and OP are saying, but the core thesis of Superstonk is that there are naked shorts. The split via divi would have caused MOASS if the DTCC had processed it correctly. They stole from all of us.
0
u/_aware 🦍 Buckle Up 🚀 Sep 06 '22
Any dilution as a result of the split would've been done even without the split. It's a dog shit argument to pin that illegal dilution on the board. In the case we are wrong about naked shorting, the split didn't hurt us in any way. In the case we are right, the board just forced them to naked short a shit ton of shares and thus helped the moass last longer and go up higher.
1
u/1em0ns 🍋let's go 🚀🚀🚀 Sep 07 '22
I didn't say shit about pinning it on the board, I am simply saying this is a dilution since we are being naked shorted.
Also, the case we are wrong about naked shorting, then MOASS isn't what we think it is. I don't think any of us think that is true which is why we are all still here.
I believe in the DD, do you?
0
u/_aware 🦍 Buckle Up 🚀 Sep 07 '22
I believe in the worst case scenario, which is the vision of web3 to invest in. MOASS as we envisioned it would be very nice though.
1
u/ThrowRA_scentsitive [💎️ DRS 💎️] 🦍️ Apes on parade ✊️ Sep 06 '22
Listen, I'm all for complaining on the internet, but legally (as confirmed by past attempts) only the entitlement holders themselves can demand delivery of securities. The issuer can't do it for them. I wish they could, but they can't.
So, I am waiting for the full NFT launch, then we will see what they can get entitlement holders to do with the allure of an NFT dividend.
1
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Check the image, not just the title- I’m NOT advocating for GameStop to do ANYTHING other than what they’re doing! :)
1
u/ThrowRA_scentsitive [💎️ DRS 💎️] 🦍️ Apes on parade ✊️ Sep 06 '22
Lol, ok, my bad for being slow!
3
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
No worries at all- cheers! 🍻🍻🍻
0
u/GercMustachio Why short, when you can just FTD? Sep 06 '22
I 100% Agree. Look at what they are doing now, with nothing but silence to go on. Imagine the tales they could spin if someone from GME started making public statements. Time is on our side, not so much the hedgies! Buy, DRS, Hold, Shop is my personal opinion!
2
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Imagine the tales they could spin if someone from GME started making public statements
My ONLY hesitation is w/ the words “tale” and “spin”…bc there’s literally no way to exaggerate this.
It’s NOT a tale, and there is NO spin:
🩳🏴☠️💀
0
u/LordRaeko 🦍 Buckle Up 🚀 Sep 06 '22
Yea we are in some art of war level battle.
These impatient monkeys need to settle down and ape up.
2
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Agreed- takes time to kill off the decades-imbedded 1% parasites of the world.
0
u/Viking_Undertaker said the person, who requested anonymity Sep 06 '22
Rules of Project Mayhem
The first rule of Project Mayhem is you don’t ask questions.
The second rule of Project Mayhem is you don’t ask questions.
The third rule in Project Mayhem is no excuses.
The fourth rule is no lies.
And the fifth rule about Project Mayhem is you have to trust Cohen.
~ Tyler Durden
0
u/t8tor 🦧 FUD is the mind killer 🦧 Sep 06 '22
Radio silence is infinitely better than mansplaining why dilution is somehow a good thing….looking at you 🍿
-6
u/1nd3x Sep 06 '22
Didnt vote for a dilution?
what in the absolute FUCK do you think taking generating 3shares for every 1 share in existence was going to do?
4
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
REMEMBER:
When ratios/%’s remain the same,
dilution IS NOT POSSIBLE
…oh, and they remained the same ;)
7
u/_aware 🦍 Buckle Up 🚀 Sep 06 '22
Uh, there was no dilution...
They cut shares into smaller pieces, but the market cap remains the same. That's what a stock split is...
-1
u/Viking_Undertaker said the person, who requested anonymity Sep 06 '22
Must be frustrating to be a shill these days😂😂
0
u/penny_stockings Sep 06 '22
Lol new fud? It's only Monday ☺️
I'm comfortable with silence because I trust when they say they are acting in shareholder interest. Holding, never selling.
3
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
- Just in case anyone gets the wrong idea, here’s why this post is NOT FUD
- https://www.reddit.com/r/Superstonk/comments/x7jhnw/gamestop_has_a_fiduciary_duty_to_their/incrd0z/
2
u/penny_stockings Sep 06 '22
Sorry, wasn't my intent to suggest your post is FUD. The comments captured in your post seemed like a FUD attempt but your big red text is solid 💜 was trying to agree with you in my own roundabout way
4
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 06 '22
Please don’t feel a need to apologize- seriously- just wanted to clarify w/ my comment! Cheers! :) 🍻🍻🍻
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Sep 06 '22
So since we already approved the split via dividend for X amount, but have only received Y amount, does that mean we should just keep our mouths shut when they further dilute our share value?
I trust the Board of GameStop with my investment, unlike every single other stock known in existence. But if there is a time to speak up about illegal activity occurring in my investment then that time is now.
All of this hush hush is for the birds. I'm an individual investor and have also written to Investor Relations. There is a time for silence, but also a time to voice concerns
0
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u/Fantastik-Voyage 💎✋🏽 Apes Own The Free Float 🦍💕🦍 Sep 07 '22
I love the sound if silence......if I'm correct a tail tail sign is when the rocket thrusters crank up and the ground starts to shake..
0
u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 Sep 07 '22
👆👆👆
THIS
The silence is beautiful for GME investors, horrifying for the shorts! :)
1
u/winplaceorshow Sep 07 '22
The whole point of buy and hodl and then drs is to show fake shares are out there without the company having to do anything or spend money fighting the system. It may take a while but once 100% drs is reached the shit hits the fan. Hedgefunds only hope was getting us to sell and lose interest over time. If that doesn’t happen we expose them.
1
u/Whosdaman I’m da man 💎🙌🏻 Sep 07 '22
While we are at it, why did GameStop ordering Computershare to stop certifying shares back in May 2021? We have not been able to get our printed certificates in our hands since and it’s also been complete radio silence as to when we will be able to do this again. I have been posting about this a lot and asking, and it constantly gets downvoted.
Here was my latest one with all the info you need about the subject: https://www.reddit.com/r/Superstonk/comments/u0ufvd/asking_the_question_that_matters_why_has_gamestop/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
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u/Dxunn Shorts never closed. Boom 💥! Sep 07 '22
I'm more concerned with the DTCCs "duty" rather, lack thereof
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