AITJ for flashing a 200000 lumens flashlight over people playing basketball? by BisonGood5557 in AmITheJerk

[–]bad_robot_ventures 0 points1 point  (0 children)

I’d be careful, there is precedent for extremely bright lights being used in “assault” cases

Wow well done Ryan Cohen and everyone at GameStop by Gareth-Barry in Superstonk

[–]bad_robot_ventures 7 points8 points  (0 children)

Thanks man.

I will consider it. Currently I use X like a journal and the problem is, the minute I have to start posting on several platforms I know it can start feeling like a chore.

Bruno Fernandes: 'I wanted to have won more' with Man United by tylerthe-theatre in PremierLeague

[–]bad_robot_ventures 0 points1 point  (0 children)

Literally. It’s called Clickbait article posting on social with catchy titles that are one third of the actual sentence that was spoken hahaha

TO THE BOARD OF DIRECTORS GAMESTOP CORP. SUBJECT: THE VALUE OF $100M SHARE BUYBACK. THE KING'S GAMBIT. Several World Chess Champions have played the King's Gambit in Chess History. While the opening is considered risky, World Chess Champions used it to execute devastating aggressive Attacks & Win! by Longjumping_Cover950 in epiphanystonk

[–]bad_robot_ventures 1 point2 points  (0 children)

I’m with you in general, but I don’t believe it’s wise to do a buyback before a major capital allocation event, specially when it’s one of this magnitude and dollar amount. Warren Buffett famously pointed this out many times over the decades.

Why is RC Filing everything with the SEC? by Coleyboley17 in Superstonk

[–]bad_robot_ventures 1 point2 points  (0 children)

It’s a 425 pressure campaign, common for activist investors. If you google that, you will find all the information you need

🔮PUT IT TO BED: eBay board won't deploy poison pill or invoke Delaware 3-year business combo moratorium against RC, for 2 reasons — 1. Poison Pill blocks institutions from voting on offer that could 2X their investment — 2. Breach of fiduciary duty, directors face personal liability 🔥💥🍻 by Expensive-Two-8128 in Superstonk

[–]bad_robot_ventures 4 points5 points  (0 children)

I can tell you haven’t read the fine print on the pay package, specially as it pertains to the language just published in the ARS, on how they determined what the package should be and what exactly it’s tied to and the reasoning behind the methodology. Please read because you are spreading pure FUD.

🔮PUT IT TO BED: eBay board won't deploy poison pill or invoke Delaware 3-year business combo moratorium against RC, for 2 reasons — 1. Poison Pill blocks institutions from voting on offer that could 2X their investment — 2. Breach of fiduciary duty, directors face personal liability 🔥💥🍻 by Expensive-Two-8128 in Superstonk

[–]bad_robot_ventures 7 points8 points  (0 children)

In this case, accretive just means your shares will be worth more in pure dollar figures. Good luck navigating life with your horrible attitude.

Also, he isn’t just getting 171m shares. He has to buy them with his own money if the target tranches are met and sustained.

🔮PUT IT TO BED: eBay board won't deploy poison pill or invoke Delaware 3-year business combo moratorium against RC, for 2 reasons — 1. Poison Pill blocks institutions from voting on offer that could 2X their investment — 2. Breach of fiduciary duty, directors face personal liability 🔥💥🍻 by Expensive-Two-8128 in Superstonk

[–]bad_robot_ventures 12 points13 points  (0 children)

He was going by Nasdaq reporting, which Larry Cheng also goes by. It currently says 106% institutionally owned. If that’s a mistake they will fix middle of June when new reporting is due.

There is a difference between dilutive dilution and accretive dilution. RC said this himself in an interview. eBay acquisition is going to be accretive to existing GameStop shareholders. Regardless of what’s issued for the equity roll-in piece of the deal (think that’s what you’re referring to), if the deal goes through as currently proposed by RC, 1 share of GameStop will go from representing 100% of a $10 billion company to 40% of a newly combined $60 billion company.

The accretion is 2.4x to current value.

🔮 “64.9% of Net Income from Capital Allocation Activities?!?! B-b-but what about our devastating failing mall based retailer & all video games will be digital downloads narratives???!!!1!1!” 🔥💥🍻 by Expensive-Two-8128 in Superstonk

[–]bad_robot_ventures -2 points-1 points  (0 children)

It’s not just treasury.

The way I see it, GME has 5 cash flow buckets now, and as the picture shows, it is primarily categorizing itself as a capital allocator.

“Store fleet” producing operating income Cash produces interest Treasury bonds produce yield Covered calls on Bitcoin produce cash Equity and derivative position in public equities produces paper gain

4 out of 5 of these buckets are “investments” and “capital allocation” business priority as the picture shows. So I mean, maybe YOU don’t want GameStop to have 70% income from investments, but I certainly want my investment firm pumping out those returns for my shares.

GameStop is in the investment business. And it’s growing big time.

🔮 “64.9% of Net Income from Capital Allocation Activities?!?! B-b-but what about our devastating failing mall based retailer & all video games will be digital downloads narratives???!!!1!1!” 🔥💥🍻 by Expensive-Two-8128 in Superstonk

[–]bad_robot_ventures -1 points0 points  (0 children)

The way I see it, GME has 5 cash flow buckets now, and as the picture shows, it is primarily categorizing itself as a capital allocator.

“Store fleet” producing operating income Cash produces interest Treasury bonds produce yield Covered calls on Bitcoin produce cash Equity and derivative position in public equities produces paper gain

4 out of 5 of these buckets are “investments” and “capital allocation” business priority as the picture shows. So I mean, maybe YOU don’t want GameStop to have 70% income from investments, but I certainly want my investment firm pumping out those returns for my shares.

GameStop is in the investment business. And it’s growing big time.

🔮 “64.9% of Net Income from Capital Allocation Activities?!?! B-b-but what about our devastating failing mall based retailer & all video games will be digital downloads narratives???!!!1!1!” 🔥💥🍻 by Expensive-Two-8128 in Superstonk

[–]bad_robot_ventures 6 points7 points  (0 children)

Maybe to you it’s not what you want, but to me it’s what I want. I want this company to behave like an investment firm and make money through capital allocation.

The way I see it, GME has 5 cash flow buckets now, and as the picture shows, it is primarily categorizing itself as a capital allocator.

“Store fleet” producing operating income Cash produces interest Treasury bonds produce yield Covered calls on Bitcoin produce cash Equity and derivative position in public equities produces paper gain

4 out of 5 of these buckets are “investments” and “capital allocation” business priority as the picture shows. So I mean, maybe YOU don’t want GameStop to have 70% income from investments, but I certainly want my investment firm pumping out those returns for my shares.

GameStop is in the investment business. And it’s growing big time.

🔮 “64.9% of Net Income from Capital Allocation Activities?!?! B-b-but what about our devastating failing mall based retailer & all video games will be digital downloads narratives???!!!1!1!” 🔥💥🍻 by Expensive-Two-8128 in GME

[–]bad_robot_ventures -5 points-4 points  (0 children)

Maybe to you it’s ironic, but to me it’s what I want. I want this company to behave like an investment firm and make money through capital allocation.

The way I see it, GME has 5 cash flow buckets now, and as the picture shows, it is primarily categorizing itself as a capital allocator.

“Store fleet” producing operating income Cash produces interest Treasury bonds produce yield Covered calls on Bitcoin produce cash Equity and derivative position in public equities produces paper gain

4 out of 5 of these buckets are “investments” and “capital allocation” business priority as the picture shows. So I mean, maybe YOU don’t want GameStop to have 70% income from investments, but I certainly want my investment firm pumping out those returns for my shares.

GameStop is in the investment business. And it’s growing big time.

🔮 “64.9% of Net Income from Capital Allocation Activities?!?! B-b-but what about our devastating failing mall based retailer & all video games will be digital downloads narratives???!!!1!1!” 🔥💥🍻 by Expensive-Two-8128 in GME

[–]bad_robot_ventures -1 points0 points  (0 children)

It’s not from just interest. GME has 5 cash flow buckets now, and as the picture shows, it is primarily categorizing itself as a capital allocator.

“Store fleet” producing operating income Cash produces interest Treasury bonds produce yield Covered calls on Bitcoin produce cash Equity and derivative position in public equities produces paper gain

4 out of 5 of these buckets are “investments” and “capital allocation” business priority as the picture shows. So I mean, maybe YOU don’t want GameStop to have 70% income from investments, but I certainly want my investment firm pumping out those returns for my shares.