@tacostacostony - Tony Miller
Here is my theory on $GME and how it has unfolded: 1. Ryan Cohen or his proxy pays $500k to Keith Gill for @TheRoaringKitty twitter account 2. Ryan Cohen spends $500k for troll farms to make meme clips like old WSB posts. . The troll farms pump incessantly with charts, FTD claims etc, posts on reddit r/WSB r/GME 3. $GME hires law firm to draft prospectus with many disclaimers and risk factors including investors losing everything, stock sales needed to survive etc 4. @TheRoaringKitty comes to life. @stoolpresidente chimes in 5.. Stock spikes. 6.. Gamestop sells $1 billion in stock just COINCIDENTALLY of course on the same day the stock spikes 7. Gamestop files 10-q showing sales and earnings evaporating. 10-q also shows $GME burned $250 million in cash in 4 months. . Turns out selling games in mall takes longer and costs more than selling to kids traooed on their couch while mommy and daddy work. If Ryan had waited to file offering after earnings it would have shown a shorter runway of days of liquidity remaining. 8. Ryan knows stock sales only way to survive and he knows the FTD short story must be kept alive so cost of troll farms are small price to pay vs taking $1 billion from redditors. It might even be the best business model. 9. After 5 years of holding stock HODLERS realize they are no match for @ryancohen. . They could have just read SEC filings for $BBBY but most don't know what the SEC does. @SEC @CNBC @jimcramer @YahooFinance @Investingcom @GaryGensler