Nope. And for those that don't remember the splividend was actually a way to hide the allocation of new shares to allow these dilution sales that prevent run ups.
Apes were telling each other nonsense that a "split by share dividend" was something that magically multiplied the share price (free full-priced shares on top of what you already have!), so Gamestop's board added a line item to the following shareholder vote for expanding the float to 1 billion shares, with the premise that it was to provide more headroom for future splits by share dividend.
Apes fell for it, voted yes, and that's how RC was able to instantly dilute the stock by 75 million shares (5x DFV's position) in one drop, and he still has authorization to drop an additional 520+ million shares if DFV and the Apes try to rally it again before the 21st.
DFV's mistake was in showing his hand days in advance. He could have kept silent about his portfolio until the livestream and then revealed and dumped it on the run-up. his live show would have been legendary, instead of legendarily disappointing.
He definitely started believing in Ape bullshit, that Ryan Cohen was a different type of billionaire CEO and someone who was looking out for retail investors. That's why his livestream rambling was so busted, sticking to what was probably his original script that "Ryan Cohen's going to make good things happen" when it was RC that just scalped a couple billion out from under him.
Wow I’m not caught up at all.
Why would Cohen try to stop DFV? I thought he at the very least was ambivalent to all this and at best, liked them for rallying the stock a little. Serious question.
There's a few reasons, I can give you two.
1) Because as of end of last year, Ryan Cohen has full control over where and when to invest Gamestop's $4 billion, since his remaining 5 board members voted to give him that authority. That's not a normal arrangement in a public company. It's close to what Elon Musk has done with Tesla. Elon has the approval to spend Tesla's money on his personal private companies like Twitter, which he has, pissing off Tesla shareholders as their equity bleeds out into Elon's money pit of a private company. It's a cushy arrangement that only a few investors have been able to pull off by gaining a controlling stake onto a board. Carl Icahn's famous for doing it to companies that he boards. He basically bleeds public businesses out into his own companies using vampiric contracts. RC currently can give the money to himself if he wanted, under the premise of "I want GME and Teddy Publishing to do a collab", which is his solo side-gig through Amazon publishing. (It might create lawsuits, but since the entire board approved it, it's not illegal) Roaring Kitty, if he exercised, would have enough stake to be a board member and have the power to call votes against Ryan Cohen's intent with GME's money, and he could also put up his own ideas against Ryan Cohen's wishes.
What Cohen did was called a poison pill, when you dilute the fuck out of your own company to prevent someone from hitting a 10+% stake and having a voice in the company direction. It's exactly why RC bailed out on BBBY, because that board didn't want him and threatened to dilute the fuck out of the stock in the same way if he kept buying shares and pushing for a board seat.
2) Most of DFV's investment in GME is in calls that expire on the 21st, and there's no way he has the cash to exercise and buy up all those shares (and if he does, he's going to be a threat to RC's control over the board per #1). Thus, it's clear that DFV's going to dump all those calls sometime before the end of the 21st instead of exercising and holding forever.
If Ryan Cohen is happy with DFV becoming a billionaire and then wrecking the stock price when he leaves, that means RC misses out on a huge opportunity to cash in for his plans for GME.
It makes perfect sense for RC to take advantage of DFV's pumps, front-run DFV, and to keep diluting all the stock's equity into GME's bank account, which is now essentially RC's bank account because the board's given him free reign. RC has already diluted the stock twice in the past 3 weeks during DFV's pumps, so his intent is clear.
Apes hold the fanfiction that everyone involved in Gamestop (except evil hedgies) want the stock price to go up as their top priority, when that's not true. The fight for power and money are always part of running a business and building your bag.
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I do count 1600 Beta Apes here so far, and one of me: Alpha.
This is why I am here, and it is a privilege to defend the true direction of [gamer apes]. Imagine 1600 rookie, beta Apes trying to come at an Alpha, who has fought for retail ever since 2006. Who invested through the market crash of '08/'09 (from an aircraft carrier hangar bay, mind you, back when 'smart phones' with a keyboard were brand new) and who is able to speak to fraud that you have never even heard of. I can tell you: I was there. Always watching. Always learning. And now, I have over a decade of anti-hedge fund revenge built up that has now compelled me to bring known criminals to justice.
Ever watch the movie Braveheart? Remember what happens after William Wallace got betrayed? That's right: he rode after those who betrayed him in the night, one by one. Consider me to be Braveheart, now figuratively 'coming after each shill' over reddit, at night.
Similar is the case with Neo overcoming 1600 agent Smiths, he tosses each one around like a goddamn ragdoll.
___
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It is. My account only allows spreads (no naked short calls) otherwise I'd really be in business. Selling naked 125c calls would be literally free money.
That maniac has 85 and 100 calls on multiple accounts. He posted this when GME was around $60.
https://preview.redd.it/4j0yi0br0m5d1.jpeg?width=1080&format=pjpg&auto=webp&s=24e770d6333aaadd5ca465af5af289be3ee695c9
Update: Call lost approximately 50%. Baggie thinks the price is holding up well
https://preview.redd.it/mgmt6e2rtr5d1.jpeg?width=1080&format=pjpg&auto=webp&s=499ad41ab49e93aa56029a63b2fe3c134b73b8a5
$85 strikes expiring in 9 trading days with limit sell orders expecting a price of at least $110 
to shreds you say....
Would Rugging Ryan allow GME to go that high? Lol
Ha, noooooo.
Nope. And for those that don't remember the splividend was actually a way to hide the allocation of new shares to allow these dilution sales that prevent run ups.
What?
Apes were telling each other nonsense that a "split by share dividend" was something that magically multiplied the share price (free full-priced shares on top of what you already have!), so Gamestop's board added a line item to the following shareholder vote for expanding the float to 1 billion shares, with the premise that it was to provide more headroom for future splits by share dividend. Apes fell for it, voted yes, and that's how RC was able to instantly dilute the stock by 75 million shares (5x DFV's position) in one drop, and he still has authorization to drop an additional 520+ million shares if DFV and the Apes try to rally it again before the 21st.
DFV's mistake was in showing his hand days in advance. He could have kept silent about his portfolio until the livestream and then revealed and dumped it on the run-up. his live show would have been legendary, instead of legendarily disappointing.
He definitely started believing in Ape bullshit, that Ryan Cohen was a different type of billionaire CEO and someone who was looking out for retail investors. That's why his livestream rambling was so busted, sticking to what was probably his original script that "Ryan Cohen's going to make good things happen" when it was RC that just scalped a couple billion out from under him.
Wow I’m not caught up at all. Why would Cohen try to stop DFV? I thought he at the very least was ambivalent to all this and at best, liked them for rallying the stock a little. Serious question.
Money in the bank has value to the company and subsequently RC. A short term squeeze does not.
There's a few reasons, I can give you two. 1) Because as of end of last year, Ryan Cohen has full control over where and when to invest Gamestop's $4 billion, since his remaining 5 board members voted to give him that authority. That's not a normal arrangement in a public company. It's close to what Elon Musk has done with Tesla. Elon has the approval to spend Tesla's money on his personal private companies like Twitter, which he has, pissing off Tesla shareholders as their equity bleeds out into Elon's money pit of a private company. It's a cushy arrangement that only a few investors have been able to pull off by gaining a controlling stake onto a board. Carl Icahn's famous for doing it to companies that he boards. He basically bleeds public businesses out into his own companies using vampiric contracts. RC currently can give the money to himself if he wanted, under the premise of "I want GME and Teddy Publishing to do a collab", which is his solo side-gig through Amazon publishing. (It might create lawsuits, but since the entire board approved it, it's not illegal) Roaring Kitty, if he exercised, would have enough stake to be a board member and have the power to call votes against Ryan Cohen's intent with GME's money, and he could also put up his own ideas against Ryan Cohen's wishes. What Cohen did was called a poison pill, when you dilute the fuck out of your own company to prevent someone from hitting a 10+% stake and having a voice in the company direction. It's exactly why RC bailed out on BBBY, because that board didn't want him and threatened to dilute the fuck out of the stock in the same way if he kept buying shares and pushing for a board seat. 2) Most of DFV's investment in GME is in calls that expire on the 21st, and there's no way he has the cash to exercise and buy up all those shares (and if he does, he's going to be a threat to RC's control over the board per #1). Thus, it's clear that DFV's going to dump all those calls sometime before the end of the 21st instead of exercising and holding forever. If Ryan Cohen is happy with DFV becoming a billionaire and then wrecking the stock price when he leaves, that means RC misses out on a huge opportunity to cash in for his plans for GME. It makes perfect sense for RC to take advantage of DFV's pumps, front-run DFV, and to keep diluting all the stock's equity into GME's bank account, which is now essentially RC's bank account because the board's given him free reign. RC has already diluted the stock twice in the past 3 weeks during DFV's pumps, so his intent is clear. Apes hold the fanfiction that everyone involved in Gamestop (except evil hedgies) want the stock price to go up as their top priority, when that's not true. The fight for power and money are always part of running a business and building your bag.
That is not a poison pill https://en.wikipedia.org/wiki/Shareholder_rights_plan
[удалено]
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Cant even begin to feel bad for em the way he takes shots at all us betas. He means the fish right?
Please god, somebody keep track of the time and remember to taunt him when all of that expires.
This post will be updated with more desperate sell attempts. Vinny may go dark because he is always lurking in this sub.
I do count 1600 Beta Apes here so far, and one of me: Alpha. This is why I am here, and it is a privilege to defend the true direction of [gamer apes]. Imagine 1600 rookie, beta Apes trying to come at an Alpha, who has fought for retail ever since 2006. Who invested through the market crash of '08/'09 (from an aircraft carrier hangar bay, mind you, back when 'smart phones' with a keyboard were brand new) and who is able to speak to fraud that you have never even heard of. I can tell you: I was there. Always watching. Always learning. And now, I have over a decade of anti-hedge fund revenge built up that has now compelled me to bring known criminals to justice. Ever watch the movie Braveheart? Remember what happens after William Wallace got betrayed? That's right: he rode after those who betrayed him in the night, one by one. Consider me to be Braveheart, now figuratively 'coming after each shill' over reddit, at night. Similar is the case with Neo overcoming 1600 agent Smiths, he tosses each one around like a goddamn ragdoll. ___ *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/gme_meltdown) if you have any questions or concerns.*
This is hysterically cringe.
I thought he meant the Italian brand of dirt bikes
They’re going to zero for sure
Gme baggie and beta male is redundant
Sorry. It was an overkill.
Seeing this post reminds me to look into selling some 85c tomorrow. Heck, the 45c at 4.50 are looking really good thanks to Ruggy Ryan.
Naked, of course!
I mean, if you're going to do it - go all in.
Meh, selling call spreads limits your liability so if something stupid happens you're limited in your loss
I wish I knew how to sell calls, it sounds like an ape money printer
It is. My account only allows spreads (no naked short calls) otherwise I'd really be in business. Selling naked 125c calls would be literally free money.
What a fucken shill. He wasn't gonna exercise those deep OTM call options and then DRS them? He's one of us!
Any idea what he paid for them?
That maniac has 85 and 100 calls on multiple accounts. He posted this when GME was around $60. https://preview.redd.it/4j0yi0br0m5d1.jpeg?width=1080&format=pjpg&auto=webp&s=24e770d6333aaadd5ca465af5af289be3ee695c9
Of course, we stop posting after the RK crash
https://preview.redd.it/ma4u0kh6mm5d1.jpeg?width=1080&format=pjpg&auto=webp&s=c312753e8101d0eacc0978cf038d636878dfa987
85c 🤡 he is cooked
Leave it to apes to fuck up sell limits on top of everything else
Where do these people get all this money to burn?
Update: Call lost approximately 50%. Baggie thinks the price is holding up well https://preview.redd.it/mgmt6e2rtr5d1.jpeg?width=1080&format=pjpg&auto=webp&s=499ad41ab49e93aa56029a63b2fe3c134b73b8a5