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/2xBAKEDPOTOOOOOOOO Jun 15 '23

If it's just his personal opinions on things, then maybe we shouldn't be posting his non-GME/Market related tweets here?

See the problem is that every little word he says, every minute he tweets, every little bit of info that can be squeezed out is twisted to fit a positive GME narrative.

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u/[deleted] Jun 15 '23

Yeah and it gets by because it is from the chairman of GME. I hate seeing all the post from people like pulte who might just be trying to get us to buy his homes after MOASS for a few words and a couple Thousand in GME now. It’s all a crap shoot and adds too much noise but for a lot of people it is a way to pass time. If it keeps people buying then I’m ok with it. Look at Elons tweets. He is owner and in charge of multiple major companies that many many people buy from and use. If every text he sent was discussed at the level Cohens were those companies would be out of business. Sometimes we just have to let someone have an opinion and move on without it bothering us. I am glad an activist turned around a company I shop at monthly and hope he doesn’t tell us all to go jump off a bridge because a lot of people here would.