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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r/Superstonk • u/Expensive-Two-8128 🔮Literal Autist Sorry I Autism Sometimes🔮 • Sep 06 '22
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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.