Replies to post #22901 on Gamestop Corporation (GME)

[ignatiusrielly35]

If his goal was purely profit he could have already cashed out huge at 50. Clearly his collateral goal is to force the mm’s to have to buy millions of shares.

[TheFinalCD]

good call, I just dont understand on why he didnt do it when his account was way higher

his acct is now worth 268M when it was worth 586M the week before, that a -318M loss of gain

🤔

Its only smart of him to exorcise his calls now. Or else, he can eat sh_t on June 21 when GME trades for $19.
btw, the money he got yesterday ($100 million) he used today to exorcise 50,000 Calls for another 5 million GME shares at $20 strike. It all makes sense. I bet he now has 10 million GME shares in his account and has a stronger percentage position with the GME Co. I bet they vote him in to the board with all these shares. We shall see how it all plays out.
GLTY Kitty you smart MF.

$GME is overflowing with capital. It is one of the richest companies out there (in terms of % cash/market cap) and if the board is smart they'll use it wisely.

Some Key Choices:
✅T-bills in the medium term. Paying around 5%+ interest.
✅Buying cash-flow producing small…

— Charlie Plattus (@zipcharlie) June 15, 2024