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RK as Ozymandias
"Do it?" Dan, I'm not a comic book villain. Do you seriously think I'd explain my master-stroke if there remained the slightest chance of you affecting its outcome? I "did it" 35 minutes ago."
~ Ozymandias revealing that he has already enacted his master plan.
RC as Dr. Manhattan
"Miracles. Events with astronomical odds of occurring, like oxygen turning into gold."
RK had mentioned a few things on his live stream that I want to highlight.
- "This is me, I wanted to pop in here be like, 'Yo what's up.' Say, 'What's up, I guess remind everybody this is me, that uh I'm the one active on my accounts of course..."
- "I'll show you, these are my positions, that is just like the last time. The positions that I uh posted, those are my only positions. There's no other positions. There's no other folks I'm working with, you know what I mean, uh, it's like it's it's like similar to the last time I saw people saying that I'm like oh no those are my only positions. I mean, unless cash, does cash count as a position? Well you see that, but yeah, those are, that's it, those are my other positions so..."
From what RK said, it seems that we missed the fact that he mentioned he has cash positions in one or more accounts other than his E-Trade one. This will prove to be useful later for whatever his investing plans are. I won't go more into details about this, use your imagination.
What I would like to discuss here is the share offerings. He had mentioned that the 75m share ATM offering, moving earnings up before his stream just to do that announcement was an early birthday gift. Some people didn't like it, but I believe RK predicted the first 45m ATM offering. He just didn't expect the second one, an even bigger one, and so soon. The right questions to ask here is, "Why did he consider that as an early birthday present? Doesn't that just dilute shareholders and kill MOASS?"
Let's break down what these offerings could possibly do.
- Dilute shareholders
- Give short positions an opportunity to get out.
1a. It's true, the current shareholders are diluted. But wasn't this voted for by the shareholders? It turned out to be one of the best decisions made for a multitude of reasons.
1b. It allowed the company to raise money, become debt free, and effective raised the price floor to about $10 a share. Not even counting GME as a business and assets. It killed the bear thesis.
1c. The new found cash position ("Is cash a position?") allows them to take positions in other investments when the timing is right.
1d. Offer the opportunity for anyone who wants to add onto their position or new investors to join the community. GME is about community, and the more involved, the better. This is an investment in the right direction to build long term success through growing the community. What better than a community that is invested, involved, and fanatically loyal. You owned a piece of this company, this is your baby, and you want to see it grow.
Raising the price floor effectively trap all the shorts below $10 (previously $40 pre-split) with no way out. It effectively put the shorts in the $10-20s ($40 pre-split) at high risk, and essentially trapped. They will have to add onto their shorts using assets as collateral to try to claw below $25, to no avail. Price hasn't run the risk of getting anywhere close to $20 and barely hanging onto $25. The new 45m and 75m offering ATM were massive and it stealthily added onto the FTDs on those ETF baskets. Some shorts may have gotten out, but there wasn't enough to go around for all of them to get out. It's like giving them crumbs at a time, while they unknowingly add more dynamite into the system that is already so fragile. The offerings, and RK's buying of shares is stretched out a week apart all along the way to July. It's like laying down dominos or a trail of dry gun powder towards the massive pile of dynamites. Similar to the Game of Thrones scene with the kegs of wildfire ready to blow up the Sept of Baelor. More kegs of wildfire means the explosion will be even bigger. Similar to 2021 when the shorts were over 200% and it pushed the price past $500 before they turned off the buy button. That would be $125 in today's split. That's almost nothing. The price spiked to $80 before they beat it down with naked shorts. One can only imagine how high the moon is. The more collateral they put up to keep beating down the stock, the larger the jackpot prize is. But they unwitting not know that this is a jackpot they can't win, because this game is rigged against. One of the many Kansas City Shuffle plays within THE KCS. The players hold the keys now. Power to the Players.
GameStop still has some ammo left of the ATM offerings for when the timing is right. They strategically moved the 75m offerings up at the right time and also get themselves out of the way for things to play out without (looking like) being involved. RC is doing everything right by the books as CEO of a company with a fiduciary duty to watch out for GameStop as a company first before all else. It's like he knows something, or everything. Omniscient like Dr. Manhattan and just not getting involved with what Ozymandias plans are, for the good of mankind. The ends justify the means. Even more unexpected that is off script is giving RK nukes the size of the ones used in Hiroshima and Nagasaki. RK's 9,001,000 shares split into 5m and 4,001,000 are impressive warheads but two giant nuclear bombs are even better. The rest of July will be lit. FTDs nukes will be lit. We will "go out with a BANG!" by the time the "dog days" are over and we'll celebrate cheering to some beers on International Beer Day. What's the odds of turning shares into gold?
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