GME rejects shareholder proposals, debunks heat lamp...DismalJellyfish
GME rejects shareholder proposals, debunks heat lamp...DismalJellyfish
GameStop Rejects Shareholder Claims, Debunks Heat Lamp, and Fully Supports 'Plan' For Shareholders.
"TLDRS
GameStop Rejects Shareholder Claims, Debunks Heat Lamp, and Fully Supports 'Plan' For Shareholders.
GameStop states these allegations by the Proponent are speculative and lack factual evidence, misleading shareholders about the integrity of the Company and its DirectStock Plan.
GameStop goes on to say the connection between the DirectStock Plan's recurring purchases and the alleged market manipulations is not substantiated, casting doubt on the relevance of these claims to the shareholder vote.
GameStop and Computershare assert that recurring purchases are intended for market transparency, not for facilitating any illegal activities."
Edited for clarity that it's Dismal's work. I obviously don't know how to use Lemmy's quote feature.
EDIT2, Dismal has more about himself and his work here...https://dismal-jellyfish.com/who-what-where-why-when-of-dismal-jellyfish-com/
"There is no wrong way to hold GameStop. PERIOD. FULL STOP.
Even holding a SHORT position (not illegal naked shorts) should be celebrated--that is a FUTURE buyer of the stock on the run up to being launched to Uranus. If you hold GameStop, or are new and interested in learning more we are good--we have enough in common to build on a foundation of respect and learn together.
Everything else is just window dressing at the end of the day--some look and are better quality than others (DRS vs buying and holding with a broker), but unless and until the current system burns to the ground and is rebuilt with smart contracts, holding GameStop anywhere is all it takes to be on this 'team'."
Und so weiter...
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Great write up and summary
Thank you
It's all his work, I just pasted it. He's doing a smart thing, putting his work on his own site. No shils, no mods, no spam.
Reject corporate social media, return to blog
I closed my blogs because of AI and search bots benefitting. I didn't want to work cheap for billionaires and it's obvious only corporations have copyright protection in the USA now.
No big loss, my words and photos weren't popular.
That said, if Dismal wants to post, I'll happily read.
Did he ask you to post it? Do you have his permission to share it? He is certainly welcome here.
We aren't acquainted. I have read his posts sometimes.
Then noticed he was being "debunked" and attacked on a sub while on break earlier this year and thought it odd. Maybe I missed something? I don't go on Twitter, so miss things.
So I went to read his own site. I don't agree perfectly with all of his assertions, but un general didn't see attempts to undermine or divide. He likes researching and digging and connecting. All good things to me.
I am aware that his assertion that heatlamp is debunked may aggravate some, I think it's more nuanced than has been presented by "both" sides, and agree that it smells a little like a purity test.
If we're going to have actual discussions, I want to make way for others who keep open so they feel welcome. I don't have religion about theories, the truth will out and is my friend. Sometimes theories are a light held up that shines through previous misconceptions. But they are also not perfect.
First thing, many bought from brokers for a while. There was a severe resistance to DRS at first, and a lot of arguing and FUD.
Then came Book vs Plan, then more about how CS works...we're still learning and some stuff won't be truky known until it's hindsight.
If Plan isn't really DRS, why was I able to vote before I had mine all Booked? CS treated me like a stockholder.
I see it as vitally important to present accurate info if this place is going to be respected. We've seen what happened to Bets and to Superstonk and to PP.
If a person holds in Plan and can help vote to keep the board whole, I am not going to criticise theur choice. It's their life, their holdings, their comfort zone, their account.
I feel that I am not an expert here. I'm trying to jump start this place by bringing things I find for general consideration and interest, so that more people might see this as a resource and a non-scary place to post their own thoughts and questions, so we can all learn.
If I've misjudged this place and brought objectionable things like a cat bringing a dead mouse, please advise and I'll desist.