Hello Apes. First time posting here on Lemmy. Has there been a serious discussion about forming an activist investor group? (lemmy.whynotdrs.org)

submitted 1 year ago by [email protected] to c/[email protected]

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Some of you may have seen in the other place a post recently about forming an AIG. I don't think its a particularly controversial statement to say that most of the get-shit-done Apes are long gone from the other place. For the sake of brevity I'm going to call the Apes in the Miller eco-system the dream team. You know who you are.

Did the dream team ever look into the possibility of an AIG? Was there a serious discussion about forming one? Would an AIG actually help Apes reach 100% DRS of GME? Could it potentially put us at odds with the board at GameStop? Might it take away our current strength (decentralised individuals) and instead give the enemy a tangible target?

For all I know you've already got the ball rolling on this. Either way. Good, bad, ugly, it would be good to hear everyone's thoughts.

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[-] [email protected] 7 points 1 year ago

Reddit? It's Reddit, right? As for AIG, the issue I've been having is GS hasn't been reporting the difference in locked shares vs outstanding. We know it's over 100% at this point. My fear is that big investors are going to keep playing their game until we're back at 100% and then magically everyone will go "see! It ties out", and all the diamond hands are left with nothing.

An AIG makes sense and we need to be pushing that sooner rather than later, just waiting is no longer in our favor. As for "being at odds", we're on the other side of the table, as a publicly traded company, GameStop has a fiduciary duty to us as stock holders. And we're rightful stock holders, not those playing with shorts or floats.

[-] [email protected] 4 points 1 year ago

Why tf would they report the difference and directly implicate CEDE AND CO??

Genuinely think that through for a moment. The 6-10B company throws a rock at the.. 34,000,000,000,000 company :)

Just let DRS slowly fuck up their numbers until the math truly breaks in our favor.

GME is PERFECTLY following the battle strategy Cohen laid out.

this post was submitted on 21 Sep 2023

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