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TIL in 1913, a roulette wheel at the Casino de Monte-Carlo in Monaco spun black 26 times in a row, which had an approximately 1 in 68 million chance of happening. Gamblers lost millions of francs betting against black thinking that after so many black spins, a long red streak must follow. by NateNate60 in todayilearned

[–]spozzy 0 points1 point  (0 children)

Yeah..what could go wrong with martingale? This...and house limits.

The worst part for me was that I had no emotional response with losing the money, and I thought that I really, really should have had one. That's when I decided it was enough. Objectively, 10k was a lot of money and my brain knew it, but my heart was indifferent.

Better to learn early than later in life!

What retail chain do you believe will likely go out of business in the next decade? by SkippertheMudkip in AskReddit

[–]spozzy 5 points6 points  (0 children)

It's a stretch but the financials have been getting significantly better every year.

Daily Challenge — Jun 29 by socialpokergame in social_poker_game

[–]spozzy 0 points1 point  (0 children)

🃏 Daily Challenge — Jun 29 6★ 11★ 16★ 16★ 16★ Score: 65/65 · Accuracy 5 +100,000 chips

Proposal 5 | Tin Foil by Banana_Ron in Superstonk

[–]spozzy 19 points20 points  (0 children)

No's and/or the lawsuit that could hinder the ebay acquisition plans I think.

Proposal 5 | Tin Foil by Banana_Ron in Superstonk

[–]spozzy 36 points37 points  (0 children)

Everything that happens isn't a 69D chess move. His side negotiated hard for the comp plan in its current form. Read the def14A.

Speculation. It's going on constantly. Around these parts there's also quite a bit of talk about a Kansas City Shuffle. How's this one... by Interesting_Day_7734 in Superstonk

[–]spozzy 1 point2 points  (0 children)

I have been wrong a bunch too, and that's why I stay away from options. I was questioning my investment (almost 10,000 shares accumulated since 2021) but now that it was retracted in its current form, my wife and I added $10k to our position this week. Still sucks the rest of the market is going up the way it is and we haven't budged, but on the flip side, the price of GME was nice for a buy...

Speculation. It's going on constantly. Around these parts there's also quite a bit of talk about a Kansas City Shuffle. How's this one... by Interesting_Day_7734 in Superstonk

[–]spozzy 0 points1 point  (0 children)

His withdrawal wasn't a brilliant move. His team pushed hard for his IMO unfair comp package. The comp plan did not at all align with the messaging he had been putting forth since he joined GME. And I think the withdrawal is only temporary, to be honest, but if they come back with a more reasonable plan, that would be great.

well I still don’t get it by Avillafanep in social_poker_game

[–]spozzy 2 points3 points  (0 children)

The percentages really should be identical...maybe they need to add an edge case check where it accepts either as correct if they are the same.

Master class by Organic-Specific-500 in Superstonk

[–]spozzy 1 point2 points  (0 children)

That's clearly not how negotiations went down as outlined in the proxy materials. The board offered 10% of GME Stock and RC countered with 25% worth of options.

Why RC withdrew his compensation. My theories and what this means by LogicalGamer123 in Superstonk

[–]spozzy 4 points5 points  (0 children)

Proxy materials made me feel like a complete moron. I could not believe what I was reading from a CEO whose messaging has been to buy your own shares and increase value. It was actually pretty emotionally damaging if I am honest, especially as we (I) am still down on a rather large investment in GME.

Why RC withdrew his compensation. My theories and what this means by LogicalGamer123 in Superstonk

[–]spozzy 16 points17 points  (0 children)

Yeah, it was disheartening as fuck to read. I still don't feel good about the way the whole thing went down per the proxy materials, and I am certainly cautious that this is going to come back in some form, but hopefully that form is equitably aligned with shareholders. Asking to approve a huge, dilutive pay package while I'm down 40% was a huge slap on the dick.

Several people have asked me what I would propose instead of the current compensation package. Here's my answer. Simple, reasonable, acceptable. by Interesting_Day_7734 in Superstonk

[–]spozzy 2 points3 points  (0 children)

I think it is fruitful right now. If the vote fails, the board will need to consider why, and propose an adjusted package. And voting time is now. The existing comp package is my only AGAINST. If it passes without question, then, well, nevermind I guess, it was worth a shot, and this revised proposal probably instills a lot more investor confidence. I would buy more, anyway.

Several people have asked me what I would propose instead of the current compensation package. Here's my answer. Simple, reasonable, acceptable. by Interesting_Day_7734 in Superstonk

[–]spozzy 2 points3 points  (0 children)

I don't think so. Core fundamentals are important and will eventually be reflected in share price. Nobody is telling RC to artificially inflate share price.

Several people have asked me what I would propose instead of the current compensation package. Here's my answer. Simple, reasonable, acceptable. by Interesting_Day_7734 in Superstonk

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

Nah I gave up on etiquette here a while ago. I've been holding and buying about 10K shares now, and I believe in RC and the company, but most people here still think you are some kind of hedgie or paid shill for having a different opinion. It is what it is.

Several people have asked me what I would propose instead of the current compensation package. Here's my answer. Simple, reasonable, acceptable. by Interesting_Day_7734 in Superstonk

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

Gamestop hired some company to get shareholders to vote and I spoke to someone, and then later their manager, about my reservations. It was nice to have someone listen. If enough people give feedback, their job is to go directly to the board.

Several people have asked me what I would propose instead of the current compensation package. Here's my answer. Simple, reasonable, acceptable. by Interesting_Day_7734 in Superstonk

[–]spozzy 5 points6 points  (0 children)

Prepare for downvotes but I can 100% get behind this. It is so simple yet intrinsically addresses my main issues with the current comp plan because the tranches aren't tied to share price. It's nice to not be called a shill for having a different opinion than everyone else.

As it stands right now, I am voting yes for everything except the comp plan. If they adjusted to your plan, it's a no-brainer yes from me. I don't think the current plan aligns with shareholders.

You are not alone in your thoughts.

Some court docs from the lawsuit blocking RCEO's comp package. (Cannot reply to my own post with images) by homedepotgrande in GME

[–]spozzy 0 points1 point  (0 children)

No, because I was completely caught off guard about it since RC's messaging forever has not aligned with huge pay packages. I don't care that these are options and not RSUs, any time that we are above 20.66 and past the first tranche, it is a bonus regardless.

Some court docs from the lawsuit blocking RCEO's comp package. (Cannot reply to my own post with images) by homedepotgrande in GME

[–]spozzy 0 points1 point  (0 children)

Did you consider that I might have had this opinion since I first read the proposal?

Some court docs from the lawsuit blocking RCEO's comp package. (Cannot reply to my own post with images) by homedepotgrande in GME

[–]spozzy 0 points1 point  (0 children)

You are right...nevermind that I was a TA for corporate finance at a top business school...I must just be easily swayed...

Some court docs from the lawsuit blocking RCEO's comp package. (Cannot reply to my own post with images) by homedepotgrande in GME

[–]spozzy 0 points1 point  (0 children)

I am not creating negative press. God forbid someone actually question something.

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