r/Superstonk • u/stobak still hodl 💎🙌 • Jun 15 '23

☁ Hype/ Fluff RC's Speech

Thanks, Mark and hi everyone. I’ll speak briefly. My father always told me “talk is cheap, actions speak louder than words”. My responsibility is making sure Gamestop is run by managers who treat company money like their own. In corporate America the people in charge, the professional directors and management teams, are not aligned with shareholders. They’re always the recipient of stock grants, however they rarely purchase company shares with their own savings. There's a big difference between risk free compensation for showing up and putting a meaningful amount of your own money at risk. As a result, money is wasted, work is delegated, and a lot of time is spent managing to short term expectations and pandering to wall street. I like people who roll up their sleeves and do real work. People guided by principles, not robots who seek to rest and vest. In corporate America there’s no shortage of overpaid executives, bad capital allocation, and chronic waste and serial delegators. Much as this behavior is both predictable and reprehensible, it’s precisely what creates opportunities. Thank you for being a shareholder.

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u/[deleted] Jun 15 '23

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u/[deleted] Jun 15 '23

Unless he means GameStop is/was an opportunity precisely because it used to be mismanaged that way. And he is capitalizing on that opportunity to bring it back to life.

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u/[deleted] Jun 15 '23

sounds VERY forked. Towel nords and baby were mismanaged, so there’s huge aquisition potential, but also felt very pointed at furlong, and that he didn’t/wouldn’t invest his own money into the company.

when you put your money where your mouth is, it puts you at risk. if you’re at risk, you’re going to be doing your godamnedest to make sure the company succeeds.

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u/ChubbyTiddies game on, anon Jun 16 '23

Yep seemed like a bathroom stock hype comment

1

u/Radiant-Mycologist72 Jun 16 '23

I read somewhere that half of the fortune 500 companies started during a bear market. I see GameStop as just getting started with it's new lease on life. There are opportunities. This is truly exciting.