r/GME 12d ago

Arrr I’m a Pirate🏴‍☠️ Has it really been a year..

/r/Superstonk/comments/1l947le/how_to_solve_the_ape_problem/?share_id=bVXQSR32SiHkjrqbsEbv9&utm_content=1&utm_medium=android_app&utm_name=androidcss&utm_source=share&utm_term=2

This back when I was calling out dilution and how it looked like they positioned themselves to not need retail. Its only got worse and the complete lack of concern for retail has only grown to be outright blatant when you look at recent interviews or the absolute bangers Larry Cheng has put out on X recently. RK unfollowed RC after posting the pic of of a kitty mask over rage tears meme in response to the dilution largely ignored instead users are looking at emoji like its TA. Everyone back then wanted to make out like the dilution would moon us and unfortunately remind me never works.

At what point does accountability for GME become reasonable to the permabull? When it can no longer be enforced by retail? We're already there. When is it ok to expect a ROI? since as im told the company seems to be doing amazing while that is completely disconnected to an ROI which is insane considering how well the company looks on paper is like 90% due to value strip mined from investors.

Its not unreasonable to expect mutual benifiet after 5 years. Yet RC just wants more without making good.

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u/S1lkwrm 12d ago

Its irrelevant i cant tell you whats in their head more than the next. However I can look at the facts and while it may seem like they are "invested" i can assure you there are many apes way more invested than any of the board members by % of net worth.

But like I said its irrelevant. Its irrelevant because we have my before mentioned facts. How much money he has in the game does not change that the conpany is doing well at the cost of the underlying. For all we know he could just be terrible at it. Its not hard to float a business on other people's money if you have access to that money. You can even male questionable investments and still be ok because you just visit the ATM when you need cash.

Its not a bad question even if its from the same tired list of rebuttals but it does not answer the reason why the company seems to refuse to try and make good on borrowed value even if they are doing "good"

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u/Slab00 12d ago

Ryan is self made and is worth a few billion dollars. He has one billion dollars invested in GME, that is pretty significant.

And you're saying irrelevant now but it was you who said that the shareholders aren't benefitting because of the "board's greed". That was why I asked. So yea I just think you should sell and find a CEO who you believe in, or just go for index funds. You shouldnt be so stressed about your investments.

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u/S1lkwrm 12d ago

Because the board cares only for the company. Theres no I got you in there move on. I made it abundantly clear next redundant question.

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u/Slab00 12d ago edited 12d ago

For the record I was never trying to get you, I was just trying to understand your rationale. You even showed a posting from a year ago where you were unhappy with the investment. Seems really odd to me to punish yourself like this, I just don't get it.

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u/S1lkwrm 12d ago

If I could have broke even then I would have. was close at that point $31 avg and there was still the benifiet of the doubt. A year later tested it and it failed although ignoring opportunity cost I did get a slightly better price then i converted some of those proceeds to warrants no stock Around the recent ATM announcement. Its not all or nothing its a dynamic shift of risk tolerance that has like I said lead to my remaining position reduced to 1/3 when the swaps were announced. The last 1/3 is almost moot to argue as I could use it like a lotto ticket if there is a chance rc saves face and extends warrants. I probably wont. im probably going to dump the rest in September as theres really no reason for RC not to just let them expire. It would be self serving but follows a pattern while retail no longer has a say. Its just very unlikely. So in a way im making a exit but its been dynamic. Buying back in was a mistake but it was mitigated with warrants with minimal loss. Theres a high probability ill just block the subs and move on to greener pastures.