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Reddit as a whole continues to demonstrate corrupt acts of information control against the interest of Reddit's users.

Imagine being a shareholder of any company but not allowed to have a voice in shareholder social media communities because the unaccountable moderators / admins of those communities decided that you don't get a voice. how fucked up is that? this is the power that reddit has over shareholders of companies that have nothing to do with Reddit. it's one of the reasons i have reluctantly found myself using X more. X too suffers from problems but not censorship the way reddit does.

i of course would ultimately love to see more users on Lemmy and other fediverse apps, but most people are not really interested in this right now. maybe as the enshittification of reddit gets unbearable, more people will consider Lemmy

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never left, not leaving. will be buying more shares and putting them in my name

thanks for your concern though

it may very well be one of the last good opportunities to get some GME for cheap.

Either GameStop achieves full-year profitability, or they don't.

GameStop's opponents (those hedge funds and other participants holding a short position seeking the stock price to go down), and their useful bought and paid for media puppets, are well aware of the situation we are in, probably even more aware than most GME shareholders.

Full-year profitability is the target. It's the thing that most shareholders and opponents have their mind on, in terms of material things that matter that could change the narrative, change the dynamic, and ultimately lead towards true price discovery.

If GameStop fails to achieve full year profitability, (e.g. net quarterly earnings for 2023 Q4 to be any amount less than positive ~ $57 million), then this will give the opponents an opportunity to pile on negative sentiment and hit the price down. "After 3 years in control of the company, Ryan Cohen and team fail to achieve widely-expected profitability, stock price down XX %". As a shareholder I obviously hope that this is not the outcome, but I'll be happy with any general improvements to the company's financial standing.

but I think that this is a very achievable target. Net positive $57 million for 2023 Q4 will give full-year profitability for FY 2023. Any number above that is a major success, and completely feasible. Not guaranteed by any means, but realistically achievable.

And if this is achieved, then it shoots a giant hole in the persistent negative media narrative that has been put upon GameStop these past few years by dishonest and manipulative wall street incumbents and their dishonest and manipulative friends in the financial media.

in the scenario of full-year profitability, some positives with respect to an investment in GME:

• Full-year profitability. This would be the first year in 6 years that GameStop would achieve this profitability. The last time was in FY 2017. Undeniable evidence of successful turnaround efforts.
• cash in the bank to the tune of around $1 billion, unless significant amounts are spent on something such as an investment or a merger/acquisition, which would itself likely be positive news.
• no debt* (except perhaps the negligible French loan. it would be nice to be able to say no debt, definitively, without an asterisk. will this loan still be outstanding in any amount?).
• The video gaming industry is a $200 billion per year industry, and growing, larger than movies, music, and books combined.
• GameStop continues to make improvements to their business including for example in e-commerce, internal processes, new ventures

Obviously, not everything is sunshine and rainbows. GameStop still faces headwinds and has many competitors. In the long term, GameStop also needs to dramatically grow top-line revenue if it ever wants to become the giant that many shareholders believe it to be. These are not small accomplishments.

In the short term, in the face of the achievement of full-year profitability, and all the other positives that GameStop has going for it, how can the media sentiment towards GameStop continue to be so negative and cynical? Surely they will try, but it will become increasingly untenable to try and spin negativity about a situation that is very obviously positive. The negative media narrative is there to try and prevent additional investors from ever considering GME as a valid investment. But at some point the truth of the fundamentals become more powerful than the lies of the media. All it will take is some significant buying pressure and the price could break out.

Who knows what will happen.

I hope GameStop reports $57 million or more in net earnings for Q4 2023. We'll find out in less than 2 weeks.

i disagree with the assertion that heat lamp has been debunked, though it seems like some people really want people to necessarily believe this to be true and final.

put aside the name "heatlamp theory" and address 2 of the main points:

• 1. Plan is not DRS. "Plan is not DRS" is not debunked, just because GameStop rejected the shareholder proposals, or that there were issues with the shareholder proposals. The simple fact remains, that plan shares are not DRS shares.
• 2. On some DRS record dates, there have been large spikes in volume. Heat lamp offers a possible explanation for how / why. It is a theory, and it isn't necessarily totally right. But, if not right, then how else are these volume spikes explained? To my knowledge, nobody else has put together a thoughtful explanation as to why volume of GME traded spikes on some but not all DRS record dates.

Okay, so heat lamp as originally proposed might not be the fully accurate explanation for the volume spikes. So what are the alternative explanations then?

Something worth noting is that there seems to be a very effortful push to authoritatively declare "DEBUNKED!" without explaining specifically how it is debunked, and without providing any alternative explanations.

• Observation: GME volume spikes on some DRS record dates.
• Theory: "i propose that the reason why this happens is because..."
• Opposition: "Heatlamp is definitively debunked and there is no other explanation!"

Plan is not DRS is a true statement and is not debunked.
GME has unusual trading volume on some DRS record dates, this is another true observation that is not debunked.

One theory that attempts to tie these things together might not be completely accurate but to my awareness is the most thoughtful explanation that exists thus far. I'd love to see alternative explanations but I don't know of any. Superstonk mods by consensus are opposed to the notion that there is any validity to heatlamp theory, yet offer absolutely nothing else as an alternative.

TLDR: "heatlamp is debunked" is just another example of narrative control being perpetrated by a group of moderators of the largest GME internet community. More information is needed to make any kinds of authoritative claims.

exciting!

with respect to GME, filing date for Q4 is usually mid March

Updated image, original image was missing Technology Brands stores for FY 2013.

The link is in the post, they are all on that page, but here:

• proposal
• proposal
• proposal
• proposal
• proposal
• proposal
• proposal

As a reminder, shareholder proposals are submitted by real people with real names. As a matter of courtesy it would be appropriate to respect the privacy of these individuals as much as possible.

And to my awareness, it does not matter which country a shareholder resides in, the qualifications to submit a proposal are only that a shareholder has held a minimum dollar value of shares for a minimum amount of time, as specified here:

• ≥$2,000 for at least 3 years, OR
• ≥$15,000 for at least 2 years, OR
• ≥$25,000 for at least 1 year

some more data going back to fiscal year 2005.