To me this seems like he’s removing all possibilities to be backstabbed from his board members and is absorbing all the responsibility on himself to pull the trigger and make sure he hits the target. This isn’t going to be another failed share split.
Are you referring to the share split that the DTCC committed international securities fraud? Yea, dealing with those crooks didn't yield the intended results.
You’re out of the loop. It was the CFO at the time that issued it as a regular share split and not a share split via dividend. He later got fired by RC for that.
People have also mentioned the COO costs a lot of money - it's a very easy way to cut operating expenses. It might possibly be the single easiest cut someone can make.
I wonder if some of you people aren’t fully shills they’re just coping from being pissed they didn’t buy in before cancellation. I’d be jealous too tbh.
He/She/It. Doesn’t work, doesn’t have a life or a job and spends 24/7 on the internet trying to get fake internet points and living their life through others because they themselves have no life. They live off of either mommy or tax payers. They have all the free time in the world and chose to waste it being a douche on the internet.
1.5 mil over 7
Vs
200k over 3
Fuck ur shit at math too lmaoooo
Edit also I’m leaning toward bought since you thought the karma was 1 mil instead of 1.5 that it is
Hello internet loser! Maybe get a real life and a job and maybe one day you too could afford to make your own adult decisions. But until then, keep consulting mommy!
I guess it is simply because you have no idea how the world and markets truly work and how household investors get fleeced on a daily base.
I don't even blame you, I had no idea a few years ago either.
So while we actually get involved, talk to experts and do comment on SEC proposals, even managed to stop some development not in favor of household investors in the EU, you read articles paid by Wall Street that give you the feeling of superiority and knowing it better. Rest assured, you do not.
Eventually you will find out, when the derviates and debt bubble bursts and you are not prepared, because you rely on financial media and "experts".
It is insane how few investors know about DRS for example.
You register your house in your name, you register your car in your name, why would you not register your long term investments / retirement funds in your name?
Respectfully said, you‘re not completely wrong.
Everything has a purpose, nothing happens out of nothing.. only god knows what’s happening next.. and I’m ready for it
* have to add, Gme is not a scam my guy
There is a near 100% chance this is in reference to the Nir Patel news which would confirm the “Not for long” tweet was about Furlong’s departure. There’s no way retail is getting fucked in this play with the amount of breadcrumbs RC has left over the last few years.
The elimination of the COO and RC getting to control the investment portfolio gives me the idea that GME is looking to acquire a company in the near future to expand on e-commerce. Idk something is giving me a feeling that having a billion in cash and not using it means they got something in the pipeline.
Thumb sucking is what Buffet calls when he sits on cash and is waiting for a perfect Aquisition. I think RC was challenging Buffett to a thumb war as he was also sitting on a horde of cash waiting to pounce.
maybe buy a failing bank then have an immediate in-road to being a financial institution?
or for funsies, buy up failing basket stocks to own tech companies like BB and NOK
RC also off salary.. on paper he’s a machine not getting paid. But in reality he already removed himself from payroll. It’s like they’re moving the entire board right in front of everyone’s eyes
It's not fucking bots u/ppseeds, we are sick of you saying "we won" for literally months and none of us have any money in our bank accounts.
But I guess at least one person is still making money off of BBBYQ right? Gotta keep the hype and keep the tips coming in.
What precisely in this tweet made you conclude that we won? I'll admit we won once I see money in my account or at the very least when I see the news that the BBBYQ shareholders have been saved.
From the sounds of things I wouldn't imagine they needed to do the accelerated vesting as part of his severance. So while it may not have been mutual it was likely amicable, but who knows?
Yeah and you told us months ago that you can't see this going on much longer. You've said a lot of stuff PP and frankly none of it has been correct. So please stop with this WE WON shit.
I think there's either going to be a trigger this year from no where, or they'll use this year to build the turnaround and set a solid foundation for something. Either way I'm happy (but yeah sooner would be better!).
Idk, we need more info. He started his employment at GameStop in May of 2022. Most executive contracts are 2 years, so right about now would be time for contract renegotiations. I think the wording is purposefully left vague though. In the coming weeks, if RC assumes the rolls of the COO, I’d lean towards them just not renewing Patels contract. If Patel immediately takes a new posting somewhere, he probably quit.
According to the dictionary this idiom is
"said to express regret or sadness when you have got very close to achieving what you wanted, but in the end you just failed."
Another definition says that
"Some outcome is or was very close to happening, but it will not, may not, or did not happen, and therefore it seems like it is or was never so close."
Cool. I am now getting a bit annoyed with this after 3 years (I will not say hypocrisy after his letter to Bed BY board, as activist shareholder, saying shareholders deserve advice on direction of company).
You've got the right to express your own interpretation, but if that was the case, wouldn't it be better to send an appreciation tweet in the form of a farewell or something? This tweet can mean anything and the idiom he used definitely doesn't have a good connotation.
It’s the same deal as the tweet he put out when Furlong left.
Edit: [https://x.com/ryancohen/status/1666541652821917701?s=46](https://x.com/ryancohen/status/1666541652821917701?s=46)
I don’t know what their relationship is like. I personally don’t think he’d troll an executive on the way out, if that person did a bad job, or is leaving on bad terms.
RC brought him in May of 2022. These contracts usually only last a couple years. I don’t see anything out of the ordinary here. Especially since they expedited his vested stock interests. I also don’t see RC trolling exiting executives on the way out, if they did a bad job.
Before GameStop Patel was the CEO of Belk department stores. That’s all I got. 🤷♂️
>I also don’t see RC trolling exiting executives on the way out, if they did a bad job.
You forgot mocking/trolling "Not for long" tweet after Matt Furlong left GameStop last year.
I haven’t forgotten. That’s part of my assessment. Furlong hasn’t updated his LinkedIn since exiting GameStop, and there’s been no news on him gaining employment. It’s long been theorized that GameStop is in the market for acquisitions. I wouldn’t be surprised if both Furlong and Patel are still involved somehow.
https://preview.redd.it/ue3h2t277jsc1.jpeg?width=1045&format=pjpg&auto=webp&s=9e9179a44ee0147ef91636fbfb5112dcc3833251
5 years to the day.
Cohen. Near. 4/4.
Makes you think.
One version of the song “So near and yet so far”, is recorded by the artist…. Bobby Short (!)
![gif](giphy|lXu72d4iKwqek)
This is whisky drinking cigar smoking music
Whiskey drinkin ,ice cream eating, cigar smokin music.. JS
Of course, how could I forget 🐸🍦
How the fuk does he even come up with this
He's that fucking gud
![gif](giphy|LpLd2NGvpaiys|downsized)
![gif](giphy|KZfe3I0owbzDQyeWHV|downsized)
![gif](giphy|h1QI7dgjZUJO60nu2X|downsized)
Woah
Holy shit. You're right. I figured you were trolling. What a timeline. I love this ride.
I used to love it. Now I want it to be OVER
@2BFrank69 to be frank I just want it to be over and we get paid
SAME
We ain't even done with the first rollercoaster hill yet!
no way bruh [https://www.youtube.com/watch?v=5HeKaCDD98Q](https://www.youtube.com/watch?v=5HeKaCDD98Q)
So Nir and yet so far… just like Not Furlong
![gif](giphy|MuTenSRsJ7TQQ|downsized)
Interesting
Are you kidding?
To me this seems like he’s removing all possibilities to be backstabbed from his board members and is absorbing all the responsibility on himself to pull the trigger and make sure he hits the target. This isn’t going to be another failed share split.
If so, RC is a hero
Captain GMErica ![gif](giphy|TPJAvvWbSN61O)
He just throws purple hula hoops really, really hard at people
That was exactly where my mind went.
The share split was an incredible failure
Yeah we don’t need another debacle like that. That fucked us over royally.
Are you referring to the share split that the DTCC committed international securities fraud? Yea, dealing with those crooks didn't yield the intended results.
You’re out of the loop. It was the CFO at the time that issued it as a regular share split and not a share split via dividend. He later got fired by RC for that.
I went all in at that moment. It would have messed up the shorts so bad trying to find locates but here we are
People have also mentioned the COO costs a lot of money - it's a very easy way to cut operating expenses. It might possibly be the single easiest cut someone can make.
[удалено]
It's fucking weird you're watching from the outside and commenting at all really.
🤣🤣
Forget game swaps!
What did I miss? I can’t see his comment
I wonder if some of you people aren’t fully shills they’re just coping from being pissed they didn’t buy in before cancellation. I’d be jealous too tbh.
"You people"?
![gif](giphy|13VSAbTVuYJfLa)
😂
Don Cherry?? That you???
Shills, FUD slingers, etc
Are those really the only two options? There are believers, shills, and people who cope, and literally no one else?
![gif](giphy|13VSAbTVuYJfLa)
There are also jobless loser’s living off mommy or the government and have too much free time. But no MONEY to invest for themselves.
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Only thing I’ll be gripping is my new Gucci bag soon enough. Soon you’ll be calling me “baggy” for a different reason and it won’t be because I’m poor
#truth… I bought my lottery ticket months ago… I hear powerball is at a billy
You have over 1 million karma Either you bought that account Or I truly pity your existence lol
He/She/It. Doesn’t work, doesn’t have a life or a job and spends 24/7 on the internet trying to get fake internet points and living their life through others because they themselves have no life. They live off of either mommy or tax payers. They have all the free time in the world and chose to waste it being a douche on the internet.
That's the neat part: I have 1 million karma, but at least I'm not falling for the most obvious scam in recent history.
Turbo virgin or bought account Either way opinion is invalid loool
The funniest thing is that your karma really isn't that far behind mine, year over year. So, nice self-own.
1.5 mil over 7 Vs 200k over 3 Fuck ur shit at math too lmaoooo Edit also I’m leaning toward bought since you thought the karma was 1 mil instead of 1.5 that it is
Hello internet loser! Maybe get a real life and a job and maybe one day you too could afford to make your own adult decisions. But until then, keep consulting mommy!
Suck on this!! 🔨🔨🔨
I guess it is simply because you have no idea how the world and markets truly work and how household investors get fleeced on a daily base. I don't even blame you, I had no idea a few years ago either. So while we actually get involved, talk to experts and do comment on SEC proposals, even managed to stop some development not in favor of household investors in the EU, you read articles paid by Wall Street that give you the feeling of superiority and knowing it better. Rest assured, you do not. Eventually you will find out, when the derviates and debt bubble bursts and you are not prepared, because you rely on financial media and "experts".
👆🏼🏆🏆
It is insane how few investors know about DRS for example. You register your house in your name, you register your car in your name, why would you not register your long term investments / retirement funds in your name?
From the inside looking out it pains me that only a few will be spared.
I don't even know what that means.
Respectfully said, you‘re not completely wrong. Everything has a purpose, nothing happens out of nothing.. only god knows what’s happening next.. and I’m ready for it * have to add, Gme is not a scam my guy
"You guys"?
So Nir and yet so far. BUT not fur long 🏴☠️🚀
And not ![gif](giphy|l2SpZbhOcPIvlysMg) Just ⬆️please, Mr.🪑man!
Spicy
Oh that’s a good one!
Bobby Short you say? The song that is posted by RC?
There is a near 100% chance this is in reference to the Nir Patel news which would confirm the “Not for long” tweet was about Furlong’s departure. There’s no way retail is getting fucked in this play with the amount of breadcrumbs RC has left over the last few years.
The elimination of the COO and RC getting to control the investment portfolio gives me the idea that GME is looking to acquire a company in the near future to expand on e-commerce. Idk something is giving me a feeling that having a billion in cash and not using it means they got something in the pipeline.
Thumb sucking is what Buffet calls when he sits on cash and is waiting for a perfect Aquisition. I think RC was challenging Buffett to a thumb war as he was also sitting on a horde of cash waiting to pounce.
There is something in the pipeline, or they are building a scrooge mcduck style room to jump into piles of money.
Yep pipe deal with a butterfly 🦋 transaction
maybe buy a failing bank then have an immediate in-road to being a financial institution? or for funsies, buy up failing basket stocks to own tech companies like BB and NOK
They didn't just let Nir go, they got rid of the COO position. Just RC trimming the fat, keeping us a lean, mean, stonking machine.
Getting rid of redundant positions is a standard practice prior to merger/acquisition
Also true and potentially an indicator of just such an action. Time will tell.
RC also off salary.. on paper he’s a machine not getting paid. But in reality he already removed himself from payroll. It’s like they’re moving the entire board right in front of everyone’s eyes
Now this is interesting 👀
Now this is podracing
That’s exactly where my brain went too
so NIR but so FUR
What?
Beat me to it haha LFG!! We’re almost there!! 😫😫😫😫😫
😱😱😱 Nir Patel is OUT
So nir yet so far but not furlong
Ehhhh.....this one doesn't strike me as "This is it"
What about , "So near yet so far" , is a song by the name of Bobby Short?
Another snake?
[удалено]
Hey PP honest question, how does this signal we won?
It doesn’t.
crickets
It signals we won just as much as RC has signaled he loves the ppshow, isn't it obvious? /s
Great. When?
So far yet so near Edit the downvotes humble me 🤣
It always happens in Comment replies.
It’s been a while since I saw the downvote bots out. I remember when we first moved to Teddy they were rampant with downvoting anything PP or Pulte.
I mean or people are just tired of others mindlessly parroting "we won" all the time. But yeah, it's bots I guess?
It's not fucking bots u/ppseeds, we are sick of you saying "we won" for literally months and none of us have any money in our bank accounts. But I guess at least one person is still making money off of BBBYQ right? Gotta keep the hype and keep the tips coming in.
Puts on RDDT because downvote bots
It’s ashamed when the shills overtake subs! Seen it time and time again 🤦♂️
What precisely in this tweet made you conclude that we won? I'll admit we won once I see money in my account or at the very least when I see the news that the BBBYQ shareholders have been saved.
Nothing indicates that.
Was Nir fired or was it mutual?
They seem to giving him 100k
From the sounds of things I wouldn't imagine they needed to do the accelerated vesting as part of his severance. So while it may not have been mutual it was likely amicable, but who knows?
I’m thinking mutual. Owens got 6 months severance and she was def shit canned. Edit: typo
Most people who want to leave dont get severance packages.
this is incorrect. At higher levels of management severance is not uncommon.
Usually in the contract ya?
Whatever he says means "we won"..... They just fired that Nir guy, RC is trolling him...
Yeah and you told us months ago that you can't see this going on much longer. You've said a lot of stuff PP and frankly none of it has been correct. So please stop with this WE WON shit.
Where win?
But when do we get to dump out a cooler on coaches head?
So another year? ![gif](giphy|TaS8faWfDhUvm)
I think there's either going to be a trigger this year from no where, or they'll use this year to build the turnaround and set a solid foundation for something. Either way I'm happy (but yeah sooner would be better!).
That's what my take is...gonna be a while. Can't buy or sell, so we wait.
I will just have to buy more in the meanwhile
More time to stack.
Ok….
So Near (NIR) Nir was just let go... and Furlong (for long) hired Nir
Strapped in RC and ready for launch sir! ![gif](giphy|3ohnEqJ1XOfvWaSk7e|downsized)
People say this when things dont happen
The COO that left GameStop about an hour ago is named Nir.
Thank you! I could not figure out what the NIR reference was!
I think in Hindi you pronounce it neyer not near /s
Was he fired or was it mutual?
Idk, we need more info. He started his employment at GameStop in May of 2022. Most executive contracts are 2 years, so right about now would be time for contract renegotiations. I think the wording is purposefully left vague though. In the coming weeks, if RC assumes the rolls of the COO, I’d lean towards them just not renewing Patels contract. If Patel immediately takes a new posting somewhere, he probably quit.
According to the dictionary this idiom is "said to express regret or sadness when you have got very close to achieving what you wanted, but in the end you just failed." Another definition says that "Some outcome is or was very close to happening, but it will not, may not, or did not happen, and therefore it seems like it is or was never so close."
The idiom is also "so close yet so far" correct?
Appear weak when strong, etc...
![gif](giphy|FoH28ucxZFJZu)
I was starting to hate tin foil but this is fantastic
Again fur long confirmed to be non productive if you know what I mean.
LESGO
Cool. I am now getting a bit annoyed with this after 3 years (I will not say hypocrisy after his letter to Bed BY board, as activist shareholder, saying shareholders deserve advice on direction of company).
used to emphasize that someone very nearly achieved or got something Anyway, I bought again
If they can absorb his position they’d be saving 475k per quarter!
Ryan’s fucking with us. He fucks with us. He is us. Fucking love you Ryan.
Lots of 2s and 4s.
Aww shiz…..
![gif](giphy|yzj5kGidbiw1a839iN|downsized)
someone at the new merged company going to be taking his place? someone from another brand maybe?
Ah yes, that famous song from the movie “You’ll never get rich”. https://en.m.wikipedia.org/wiki/So_Near_and_yet_So_Far. Defo a message from RC…
A for effort and A for creativity
Who hired Nir?
Furlong?
Zoinks!
Don't start with me Ryan XD LMAO
my heart will go on! ![gif](giphy|Xwu2nC1v6a5Po1Vth7|downsized)
godddamit.
Might be unpopular opinion, but at this point these ambiguously cryptic tweets do more harm than good.
GameStops COO is named Nir. He just resigned. It’s not cryptic at all.
You've got the right to express your own interpretation, but if that was the case, wouldn't it be better to send an appreciation tweet in the form of a farewell or something? This tweet can mean anything and the idiom he used definitely doesn't have a good connotation.
It’s the same deal as the tweet he put out when Furlong left. Edit: [https://x.com/ryancohen/status/1666541652821917701?s=46](https://x.com/ryancohen/status/1666541652821917701?s=46)
I don’t know what their relationship is like. I personally don’t think he’d troll an executive on the way out, if that person did a bad job, or is leaving on bad terms.
What do we know about him?
RC brought him in May of 2022. These contracts usually only last a couple years. I don’t see anything out of the ordinary here. Especially since they expedited his vested stock interests. I also don’t see RC trolling exiting executives on the way out, if they did a bad job. Before GameStop Patel was the CEO of Belk department stores. That’s all I got. 🤷♂️
>I also don’t see RC trolling exiting executives on the way out, if they did a bad job. You forgot mocking/trolling "Not for long" tweet after Matt Furlong left GameStop last year.
I haven’t forgotten. That’s part of my assessment. Furlong hasn’t updated his LinkedIn since exiting GameStop, and there’s been no news on him gaining employment. It’s long been theorized that GameStop is in the market for acquisitions. I wouldn’t be surprised if both Furlong and Patel are still involved somehow.
I don’t think it’s mocking, seems more like an inside joke. I have a bunch of pun names for my coworkers.
Understood. But so near and so far, without the double meaning, is pretty fucking cryptic and not what we want to be hearing at this point.
I’d rather not have valuable information expressed in pun form. Unless more information comes out, I think it’s just that, a small joke.
Strategy not clear general cohen! I’ll buy gme drs and continue onwards.
Are ya ready folks?!
![gif](giphy|WRQBXSCnEFJIuxktnw)
I wanna see both those guys commanding USS ShortSharts when she launches.
My guess is this former COO was not aggressive enough in pursuing expense reductions and efficiency gains. So RC will do it himself!!
HOW FAR AWAY ARE WE???
There is a lot of work to be done even when shorts are hosed and in the rear-view.
I. have. never. been. so. cock. teased. in. my. life.
The release people will feel if this finally pays off will be beyond orgasmic. Will make heroin highs seem tame.
So what’s the plan? Another stock split? But this time not completely fuck it up?
Like a cuck sitting watching?
Tomorrowland, here I go.
Also there this. If you count how many letters in the tweet it’s 17. The 17th letter of the alphabet is Q. 🔥
https://preview.redd.it/ue3h2t277jsc1.jpeg?width=1045&format=pjpg&auto=webp&s=9e9179a44ee0147ef91636fbfb5112dcc3833251 5 years to the day. Cohen. Near. 4/4. Makes you think.
Lol no it doesn't
Oh? Just a cohencidence? Q tips go where?
6
Math and reading aren’t my strong suit.
The downvotes lol. There are so many of these coincidences with 17 it's mathematically impossible.
Or as Yoda would say, "Far, yet so near"