I want to preface that the contents of this post is for informational purposes. I do not condone or approve of any harassments or witch-hunting or the attacking of anybody.
 
Richard Lewis recently did a stream talking about the terrible state of CS esports and I thought it was an important stream anyone who cares about the CS community should listen to.
Vod Link here: https://www.twitch.tv/videos/830415547
I realize it is 3 hours long so I took it upon myself to create a list of interesting points from the stream so you don't have to listen to the whole thing, although I still encourage you to do so if you can.
I know this post is still long but probably easier to digest, especially in parts.
Here is a link to my raw notes if you for some reason want to read through this which includes some omitted stuff. It's in chronological order of things said in the stream and has some time stamps. https://pastebin.com/6QWTLr8T

Intro

• "The last month has convinced me, that we are going to be heading into a dark place for Counter-Strike esports in 2021."
  • "I think I've seen the scene essentially kill itself."
• "For the past 5 to 6 years, we've basically been in a holding pattern of people coming into our game wanting to run it, wanting to run all of the esports and wanting to profiteer and its been sort of a concerted effort to drive them off and push them away."
  • "We're spread way too thin."
• "If Riot don't get involved and stop the scumbags that have moved over to Valorant from getting their feet under the table, Valorant is going to have real problems."
• RL thinks too much has happened all at once for us to do anything except watch it play out, like:
  • Recent CSPPA strike against BLAST
  • ESIC failures and them not being supported enough
  • Teams cheating i.e. coaches/bugs
  • Widespread match fixing
  • The Pandemic
    • "People who try to hold bubble events are so incompetent and fuck up and people get the 'rona and its their fault."
    • "People who say Flashpoint is a bubble is full of shit and is a lie and people are now suffering for that lie."
      • "To save money they let people go home and break the bubble for a week."
      • "Not just Flashpoint peoples decision, they have a partner that handles the production." (hinting FACEIT)
      • "People are trapped in hotels essentially under house arrest because of COVID restrictions and has fucked peoples lives up."
• "It's all too much, all of this incompetence, all of this greed, maybe we ride it out."
  • RL says he has talked to the Riot devs (the ones working on Valorant) and says, "They are so cognizant of all the fuck ups and all the problems we have in Counter-Strike."
    • He continues to say that this is factored into their business plan and that we never had a competitor, but just so happens to have one coincide, when we are at our worst.

CSPPA - Counter-Strike Professional Players' Association

"Who does this union really fucking serve?"

• RL believes that the CSPPA is a mockery.
  
  • He points out the hypocrisy that they wouldn't strike for the pros who were kicked out of ESL Pro League, or for Jamppi or dream3r.
    • He also says ESL paid CSPPA and are racketeering and many other TOs have to pay them to get their "seal of approval"
      • He says they would strong-arm TOs saying "well if you don't give us the money, these guys are so we'll just have to commit to playing their event."
    • Also points out that they will strike against a competitor they are not in agreement with (Flashpoint)
    • RL: "It's what it says about every other time you haven't done it and it's about every time you don't do it now moving forward." "The issues they've chosen to ignore this year alone are embarrassing."
    • Then he points out that there was no strike for Valve qualifiers even if we have no major but Jamppi and dream3r can't play in them.
      • "and Valve have said 'Oh yeah we know actually their stories are accurate, Jamppi didn't cheat, now in a legally binding document. Yep dream3r did have his account hacked in a LAN café', but they still can't play. Where is the fucking solidarity? Gone. Doesn't exist. It's not important [because] it doesn't affect you." "That's what the union does right now, it looks after all the tier 1 people."
• He says the CSPPA doesn't represent all players all the time and has driven a divide where you have the haves and have-nots
  
  • "We have a tier of players that operate with impunity and do not help their tier 2 or tier 3 players out at all." "If you are not a tier 1 player you do not matter, they don't event ask your opinion."
  • He tells chrisJ to admit and own the fact that the reason he didn't speak up during the ESL Pro League debacle is because it didn't affect him
  • "They are looking after some players at the expense of other players. How the fuck is that a union?"
• He says the BLAST situation is a reasonable dispute and supports the players but is not the right time for a strike and have not even identified the correct enemy
  
  • He thinks players are lashing out now due to previous incidents and are upset that BLAST are working with ESIC
    • He stated that CSPPA shouldn't beefing with ESIC and they should be working in harmony
  • He says what they need to do is talk with the teams/organizations that have sold that right to BLAST
    • RL: "Your employers, the people who pay you that massive exorbitant salaries, when you don't stream and you don't do interviews and you offer no value beyond your ability to click heads and you get 25k dollars a month." "Why don't you talk to them about it? Oh right. You're happy to take away BLAST's paper, but you don't want to risk your own."
  • "I am seeing such unbelievable cowardice from the players here with the battles you choose."
  • "Where was the strike action when in the qualifiers for the world championship, there were teams and players engaged in huge conflicts of interest?" "Where was the strike action when your image rights were taken and sold to every league you've ever been in every union type organization you've ever been associated with like, WESA, to your org every time you sign a contract, to the leagues you play in."
    • "Your image rights are essentially worthless now, there's about 10 fucking separate parties that have them, and how many of them are giving you anything for it? Not much pretty much your org by the way."
    • "That's a big issue. Your image is you, your image is your brand. What are you doing about that? Nothing."
• He is also angry at SirScoots who is "popping off" at people on Twitter who all want the same thing, which is 'A unified Counter-Strike scene for everybody, that works for everybody, that has a sustained ecosystem that nourishes everybody.' "We don't have that now."
  
• He also says their rankings are a joke
  
  • "Just so happened, oh look TACO, that very important prominent member of the board, we pushed his team artificially up when they weren't even in the fucking top 20, not by a long shot."
• He also says the ineptitude of the CSPPA cost Flashpoint a monitor sponsor
  
• "Is it really a player association or is it like a fucking agency at this point"
  

ESIC - Esports Integrity Commission

"They have been put in an impossible position."

• RL says that Ian Smith, the founder of ESIC and who was done work in mainstream sports, is a good and honorable man who has dedicated his life to integrity and sports. He takes on both sides, ensuring match fixers are punished, but also doing appeals and ensuring those punishments were fair.
• "ESIC is a tiny organization" and are in need of money, "They didn't run a grift like the CSPPA did."
  • "Saying 'you want our support and you want the players to turn up you better pay us.' They don't do that."
  • "Had startup seed money from MTG and since then they've been pecking shit with the hens."
    • Ian Smith made sure that the money given by MTG (Modern Times Group, parent company of ESL, ESEA, DreamHack) was nothing more than startup money and wouldn't be in debt to them
      • Ian Smith sat down with other TO's not part of MTG and wanted to partner with them. They declined and called ESIC "ESL spies and we will never align ourselves with you"
  • "They only were just able to afford, hiring a PR guy on a full time salary to deal with the press and send out those releases you've seen, this year."
    • "They have a tiny group of staff investigating these things and they have taken on the biggest problems in our scene: the cheating, the match fixing."
• ESIC have had "unprecedented levels of cheating to deal with, because there's something wrong with our scene ever since we went online. There's something wrong with it, everyone's lost their fucking pride and self-respect and they got no passion for it anymore, so they think fuck it, what's in it for me?"
  • He calls out coaches who are talking about players rights when they would rob and steal from them.
    • Also says more coaches being banned are coming
    • He also points out flaws in community's reaction to the punishments to coaches bans: "Half of the cunts still have jobs and some of the cunts got new jobs. We didn't even shun the cheating coaches."
• ESIC have "found I think another 2 or 3 exploits like that one and they are investigating them all right now, it's going on right now."
  
  • "I know that there are going to be more names getting banned, again."
  • "So they're doing that on a skeleton crew while, investigating 3 continents worth of match fixing in MDL and semi-pro level CS." "They're doing this with half a dozen people." "They don't have any money or any help. People barely even fucking cooperate with them, they are treated like pariahs. It's ridiculous."
    • "Why are the CSPPA popping off at ESIC on my Twitter timeline, when you should be working together." "because its all about what's in it in for me." "2020, the online era of CS: 'What is in it for me?' How can I cheat, how can I get my paper, how can I bleed this scene one last time before I fuck off and play shooty shooty bang bang Riot Games babys first fps."
• RL says that in the CIS region, teams have gone to tournaments and have been eliminated multiple times by the same team. We found out they were cheating and those players who lost, have been cut from their roster, careers ended because of cheaters.
  

Stream Sniping

"They're all at it in the online era, they're all at it, they're all cheating, they're all using exploits, probably that see through smoke bug got used a bunch of times"

• RL talks about how there is no integrity from dead (the player), always denying when caught doing something
  • On the topic of 'BLAST never said we couldn't stream snipe': "Lies, BLAST never said you could do that, they had to sort of retcon it." "because what happened after that they fucking started snitching and squealing"
    • "Suddenly you had like, 10 of the top 15 teams in the world, staring into the abyss of being banned for 6-12 months in line with ESIC recommendations."
      • He says that ESIC was put in a tough situation and couldn't enforce the bans because it would have resulted in killing CS. What resulted was, BLAST, ESIC, and teams came together and gave them a warning and told them, in RL's words "don't do this again or you're gonna get got."
        • He then says the top teams brushed this off and didn't give a fuck
        • The new MiBR team playing Flashpoint, that wasn't involved in the previous incidents are doing it again (stream sniping). He gave credit to Flashpoint for the quick resolution and punishment and respect for cogu's response to the situation.
        • "ESIC came out and said, once more, 'Guys, zero tolerance from now on.'" RL then got upset at community's reaction calling ESIC "pussies" for their non enforcement and said if we want competitive CS we cant ban the top 10 teams.
• He points out how players have no integrity and will do anything for an edge as long as they won't get detected or banned or it's within a grey area.
• "All of this shit was mad avoidable, even in the pandemic era."
  • He talks about why aren't we filming them. Why aren't there representatives for leagues and tournaments making sure players aren't cheating?

Match Fixing

"How many years have we let our scene be fucking pillaged by these greedy cunts?" "We just let it happen."

• RL says that gambling and skins betting which existed in moderation was "accelerated and blown up by the Call of Duty greedy fucks."
  • "Never forget TmarTn was on the board of EnVyUs." "His website, CSGOLotto, they had a bunch of off-the-books sponsorships." "NBK promoted them. People forget."
• "Those people who had access to the skins, go to the players" "Even people like s1mple, best player in the world, even he scammed knives and skins off fucking fans."
• Owners of skin casino sites would approach pros and lend them skins to use in tournaments and possibly keep them after reaching a deal
  • Players would tip off inside info about matches and teams in exchange for skins. Info such as: roster changes, how they played in scrims
    • They would use this info to bet and subvert the odds on their sites. "That happened religiously, I can't even tell you how many times it happened."
      • "I had access to the biggest database of information, from an inside betting circle in NA, and it would take information and screenshots from other pro players, who were feeding them info in exchange for money or skins."
        • "Some of these players are still playing." "Incredibly, there are players still in the CSPPA today, complaining about the BLAST recordings, that were embroiled in this murky shit back then."
• RL also says that there were tournaments where teams contrived with each other, who should throw, who should win.
• "There's a handful of people that are trying to fucking clean it up, and you think you get something over the line and you see something like the CSPPA and it's run by corrupt fucking chuckle heads, and now you've got another corrupt body you have to fight on a fucking daily basis, it's demoralizing."
  • "It's too far gone. Our entire semi-professional scene is compromised."
• "It's rife guys, I'm not going to lie any more. It's not just China, it's not just Russia, it's here, it's NA, it's Europe, it's Australia, so much more than you think, so much more than we can prove."
  • "I get sent chat logs all the time […] and they're morons, these players, short-sighted, amateur, morons and they're doing it on WhatsApp." People would get cut from the bets because they want to make more money, then they leak the logs. He says, from the chat logs, they spread "little" bets across every site they can (400 to 1k dollars) to prevent shifting odds
• He says the scumbags who've fucked off to Valorant will do the same there if Riot doesn't do something and says Valorant "is an esports scene heading for a very early fall based on the sheer volume of scumbags that are already there."
• "That's tier 2 CS in a nutshell these days. They know they're never going to play in a major, so what's the punishment?"
  • "All of these tier 2 fucks that are fixing games now they are like the fucking mafia compared to iBuyPower" "These guys are working with organized criminals to fix entire seasons worth of games. That's what's going on in your tier 2 CS."
• "I'm literally being told that there are players fixing games at all levels of Chinese esports and motherfuckers with guns are turning up to team houses and stuff."

North America

"Everyone in NA has left we've lost a continents worth of support during this pandemic and Valve haven't said a fucking word."

• RL says the Call of Duty "goblins" that destroyed CS for years are the same people who are now trying to leave CS. "The nerve to treat a game where the fans, and the community, and the TO's were nothing but good to you." "To just kick the players out now and go and leave and say 'It just doesn't make financial sense.' Oh you'll slither back when we have a major though for them stickers won't you."
• There's a cascading effect in NA where people don't bother with CS anymore and people like Chaos suffer.
• He says NA team owners are incompetent for always wanting it easy and always wanting a guarantee on their investment without skill or nuance.
  • RL says he would be able to market a team correctly and would have a good ROI and also points out how TSM wouldn't even be bothered to tweet that their team, which was one of the best in the world, was playing at the Major.
  • He also says not all NA owners are like that, compliments and respects Jason Lake who nearly lost everything to keep Complexity going.
• He then calls out the incompetence in Infinite Esports when they acquired OpTic Gaming and bought an Indian CS team.
  • He says HECZ is not to blame here and that they couldn't tell forsaken was cheating when it was so obvious.
    • They measured his reaction time to the likes of dev1ce and s1mple
    • When an enemy showed up on his screen he won that duel something like 44% of the time
    • "was like the number 1 player in the world statistically"
    • He brought a laptop to their bootcamp and refused to use the high end PCs that hey provided
• He respects Andy Miller (NRG CEO) and HECZ but says that the attitude of not being able to easily monetize their teams is "piss weak" and there needs to be a risk.
  • He says Chaos EC shouldn't be cutting their roster and should be competent enough to be able to figure out how to make money off their team.
• He says there are still opportunities in NA and people are panicking and pulling out, and says Valorant will be the same if not worse.
  • He also says "bums" who couldn't even get out of groups in NA competitions, are making crazy money in Valorant and says it will continue to inflate.
• He also said that he heard rumors that EG (Evil Geniuses) are done.
• He also thinks that the rumors of a Valve franchised league from before was sparked up from "these lazy fabled weak NA fucking team owners basically trying to see if Valve would bite at the hook if it was dangled and they didn't"
  • Slasher says NA team owners are really in favor of franchised leagues because they want to make more money. "Most of the powerful team owners right now are on board with ditching this third party organization structure, or they are trying to play this power politics with all the TOs, and that is contributing to a lot of the problems there"
• RL says that Riot has proved they can run a franchised league (LCS) and will be profitable in 2021 which is what a lot of team owners care about and says the competition will only serve to snatch people away from CS.
• RL continues to say, "I am so sick and tired of what we have done to this scene, I am just exhausted with it." "I think we have legitimately fucked it, I really think we have. I think we're staring into almost like a CGS (Championship Gaming Series) wasteland in NA." "Counter-Strike esports is a fucking joke."

Talent

"TO's have treated CS talent like absolute human garbage for years now."

• RL says that people like Sean Gares and ddk switching over to Valorant isn't for financial reasons because they are making less over there.
• He points out that TO's can't even give talent a 3 month in advance calendar.
• Because of the pandemic TO's won't hire certain people and some people are working more hours for the same money.
• He says we as a community don't respect journalists enough which is why we don't have good journalists.
  • He also says DeKay is leaving the scene soon and that Thorin is close to leaving also
• He says he had to talk a caster down from quitting and was struggling to find reasons.
• He says that DreamHack told Vince they would hire him but not if he wants to stick with dusT and says that this is the norm in esports. "Constant leveraging of people against each other." and says this is why we don't have a talent union.
• New gen casters are getting put into shit situations and the community's reaction to them is adding fuel to the fire
• He says the reason Moses left was because of the terrible conditions
• He says that Anders had to constantly leave his family and kid because someone fucked up or broke promises and had to constantly tell his kid to their face that "daddy can't be home this weekend."
• He says that esports has always been a lie to sell you this dream, "Meanwhile there's about 2% of the cunts getting all the checks."

Valve

"Anything that Riot does, is better than Valve's inaction"

• Slasher says that the larger aspect of esports as a whole compared to other entertainment mediums and Valve's lack of inattention are the bigger problems. He continues saying that the fact that Valve let their game be ran as an esport, they need to take on the responsibilities of it.
  • Both Slasher and RL wants Valve to take control but not on the level of Riot Games, there needs to be a balance.
• In case it was ever a question: Gabe Newell has been to 0 CSGO Majors.
• RL calls Valve out saying they could have done something during the gambling era.
• He says Valve used to come to the majors, but doesn't think they do anymore.
• RL had met with Valve at the Cluj-Napoca Major and had tried to appeal iBP's indefinite punishment and had also gave Brax's life story:
  • A recent family member passed away, they had lost a lot of income, they had to live in trailer, iBuyPower did not pay any salaries, and was pressured by family to make money who didn't support his career.
  • RL said that Valve told him, "How dare you try and make us feel guilty." "We shouldn't feel bad about enforcing the only thing that matters that we need to make players afraid of: cheating and match fixing"
  • RL also tried to share other info about match fixing and nothing came of it
• RL points out that Source 2 or a new engine is not something you will want based on the experience of transitioning from CS 1.6 to CS:S. "Valve's track record with brand new engines being launched, not fucking great from what I remember."
• Slasher says "If there is anything the community should do, is pressure Valve to hire a community manager."
  • They say that we need a commissioner, a community manager (not the person who runs the Twitter who posts memes all day), then we need to have a circuit
• RL reiterates that Valve doesn't care about CS esports and says they need to change the culture at Valve to make them care about CS esports
  • Slasher says a systemic problem is making it so working on CSGO would be a bad decision for you as an employee for Valve
• He also hasn't talked to Valve in ages and have sent over bugs and cheats and doesn't get emails back anymore
• Slasher says we should be directing attention at the developer leads, pointing out Ido Magal, if he even is still the project lead
  • RL thinks that Ido and Brian are the only people that "vaguely even give a fuck about CS" and were the only people that RL recalled that actually read Reddit and paid attention from time to time
• "It is really fucking precarious. Somebody has got to step the fuck up and start giving a shit"
  • Slasher suggests org owners, with CSPPA, with ESIC, with TOs have a concerted effort against Valve
• "Riot Games are doing better things than Valve in the esports space" which is something RL didn't think he'd say.
• "People who used to be talent, working with unions, arguing with other talent, when the unions fucked them over, can't understand their perspective, TOs fucking over broadcast talent, broadcast talent wanting to leave and go and work for orgs, orgs having no money, Valve might take coaches away because all the coaches are cheating, ESIC has about 4 people in a fucking call doing the investigations, everyone thinks they're spies for ESL, ESL are just the evil fucking overlords wanting to rule the scene and will just somehow, like cockroaches outliving a nuclear bomb, and Valve are in a fucking holiday in Hawaii thinking about the next Dota character because they don't give a fuck about us."

Closing Statements

"We've peaked. If we want to sustain and exist, now is the time to figure it out. No esports lasts as long as this, we've already done 8 years. We've already broke the records. We have got to figure out a way to coexist and drive the negative forces out and we need to do it as a collective and we're not doing that."

• RL compared the Counter-Strike scene to the people on the Titanic who ran around with guns robbing people while the boat was sinking.
• "We have given up on being a respectable esports scene." "We are now a conduit to make money for those who want to just milk it, just have one last ride, one last roll of the dice. It's done." "What a fucking mess. What have we done to our fucking scene?"
• "There's just too much self-interest driving all of this." "I don't see a way we stop the dominoes." "When it's that bad, when there's that many dishonest people that ESIC have to come out and say that if we punish them all there's no one left. What does that tell you?"
• "How many opportunities have we had to clean house? How many times have we said, 'this must never happen again', and another scandal." "The entire skins betting operations was the biggest criminal conspiracy in esports ever executed and no one has been punished for it." "The people who could be driving that don't want to."
• "Right now people are fans of those organizations because the scene has value. It is worth being a fan of Astralis because they are excellent at Counter-Strike. It is worth being a fan of s1mple because he is the best player in Counter-Strike, maybe the exception of ZywOo. If the scene is devalued, if the scene loses its meaning, those things lose its meaning too, and people will leave, people will stop tuning into the games. I have seen it happen in multiple esports, this is not my first time at the rodeo. I am getting big Brood War vibes right now and I don't like it."
• "The role you play in all of this as fans, as viewers, as listeners, as consumers of esports content, it's absolutely imperative that you know who the good guys are. It's absolutely imperative that you use your voice. It's absolutely imperative that when things are bad, you know who, at least, is trying to make them good, and you have to apply your criticism to the right targets."
  • He continues saying it's no good in continuing to attack ESIC and saying how they are bad, ESIC have it hard
• He says CSPPA are on the right side of the argument on BLAST but have been on the wrong side of many arguments many times.
  • "If you are not willing to stand along side the weakest member of the union, with the least amount of influence, and the least amount of power, then it is not a union at all and you shouldn't pose as one." "You wanna serve a bunch of special interest do it, everyone else in esports fucking does, but do not pose as something you are not." "We love the players. I've been fighting for players rights for as long as I've been able to, but the CSPPA is not what we needed."
    • "They are not applying the pressure to the right people, they are not fighting the right battles, they are not helping their weaker members."
• He says what orgs have done by keeping or hiring coaches is bad. "When you give up on holding an appreciable standard, you've lost the scene" "Competition matters, rules matter, punishments matter, achievements matter, excellence matters" "If you start stripping that away, you have nothing" "You guys need to take that knowledge and apply it sensibly."
• "Valve has sold you all down the river, they sold everyone in the esports scene down the river, tournament organizers are selling their talent down the river. Don't hate on them for sounding tired after a 16 hour day. Don't hate on them because the hype for a matchup they've seen for the 20th time in the past 3 months, they can't be as excited or it sounds contrived. Support your guys, they're there for you, these are your people."
• "This community has got to start acting like one for the first fucking time. Just put the petty shit away, let's try and fix this fucking scene while we still have one to save."
• "You can't rely on Valve, you can't rely on ESL, you can't rely on the CSPPA, you can't rely on anyone." "Once again, it's gonna be the likes of us, the amateurs, the people who give a fuck, rolling up our sleeves and grafting." "I'm old and tired and I don't want to have to do it again. People need to pick up the torch and do it."
  • "Like Michal did, like Dudenhoeffer did. You see something wrong, fix it. You see somebody doing something wrong, call it out. If you think something could be better, let people know."
• "Vote with your wallets if you're not happy with the direction Valve goes in. If when we do get to the Major, they serve up another subpar, same old bullshit stickers and signatures package again, do not buy it."
  • "You're a powerful block and if you use it correctly we can fucking avert this disaster."
• "I'm not doing another year in this broken, bust-up fucking scene, where everyone is miserable, everyone is broke, everyone is tired, and everyone is trying to fucking rob everyone else, blind, while the fucking people who are meant to be protecting you, are just fucking enhancing it and lining their own pockets."
  • "I'm not doing it anymore and you shouldn't want to do it either."
• "I stand by every fucking thing I said. I mean it, because this game fucking matters to me, this scene fucking matters to me. I put my life into this, my adult life, and to see it in this state is fucking sad."

As of this year I have finally achieved a net worth of 6 figures~ (108k to be exact).
TLDR; save schmoney and get that honey! P.S. skip to “EDIT”. Im illiterate and lost all my brain cells watching tIkTok so I wrote my original post incorrectly and confused some folks.
I started doing a traineeship at 17-18 as a receptionist earning $20,000 a year with no money to my name and now in just 4 years here I am (I moved out at 18 too with no help).
For the first 2.5 years I aimed to saved 20,000 a year in a high interest savings account.
Since late 2019 I've been dipping my feet into investing a small amount and I admit, I've lost a lot of money. Since then, I've learned my investing behaviors, improved my knowledge and hope to start making real gains.
I don't drive because I'm scared to get my P's lol - so that's obviously helped.
I didn't go to uni since I didn't know what I wanted to do and that definitely helped since I don't need to pay any fees (I'm a permanent resident and tbh kinda stupid when I was 17 I thought I had to pay since I wasn't a citizen yet oh well) This let me work full-time and get into the office early.
I haven't travelled anywhere which is a shame but it has helped with my savings. As travel restrictions ease, I hope I can see more of the world soon!
I'm typing here because I'm proud of myself and I don't have anyone to share my success with.
I'd like to thank this subreddit for guiding me and to everyone for sharing their FIRE goals and tips.
EDIT:
Damn I didn't expect to get this many replies. Sorry for not clarifying!
​

• A description of the journey you took to get to where you presently are.

2016: graduate HS (17 yrs old)
2017: 18 years old doing a 1 year traineeship as a receptionist where I lived at home, my contract meant I was paid only 20k a year and because I lived at home I could save 10k that year.
2018 - Moved out in February and got my first real job as a receptionist on 60k p.a - that allowed me to save more lol hence the 20k savings a year. I turned 19 in may. I didn't ask or get any help from my parents because my parents are divorced, my dad and I are estranged and my mom was struggling to raise me and my brother :( I don't have any family here either that I can depend on, it's just me. Rent was $200 a week and idk about bills but it was between 4 people. How I moved out? Abusive household :x
2019 - Still renting, same job, same pay, continue to lived frugally, hit goal of 20k savings in bank account again, invested $5000 lost like $2000 lol but it's okay I was expecting to lose since I didn't know what I was doing. And for me I was scared coz I worked so hard to save all this money and here I am losing it. Rent was the same, bills the same.
2020 - still renting, same job, salary increase to 63k a year for added responsibilities, continue to live below my means, hit goal of 20k savings in bank account. Learned more about investing, portfolio is now $10k not from gains but from me topping up my funds slowly. No real gains, just learning. New rental for $250, bills for 4 people.
2021 - still renting, same job but now I'm an office assistant and receptionist, same salary, , live below my means, still looking to save 20k this year but I also hope to see some gains for once in my life since I reevaluated my portfolio. I'm only young and I'm trying my best. There really is no trick to it I'm literally saving 20,000 a year that's it (just under $400 a week if you break it down. Rent for $250 incl. bills.
Lifestyle: Don't drink or party because I have no friends or a social life :( I take public transport and walk everywhere, I shop budget at groceries, I try to cook at home because I'm also living an active lifestyle and drinking/eating out too much etc won't work in the long term for my health fitness goals. I didn't go to uni, I don't have a car and I'm still on my Ls which are set to expire next month oops.
Honestly the sacrifice was that I haven't lived...I can't go to nice places, I see so many girls doing their hair, makeup, nails lashes but I jsut don't even though I want to. I've haven't travelled overseas at all by myself. I was scared that If I don't hit this goal of 100k by 23 I'll be in trouble, what if I'm sick ,etc what if I need surgery because I don't have anyone to depend on. I've been working full time since 17 while my friends can party, go overseas, go to brunches and road trips I can't do any of that :( At the back of mind I just think about how I will never ever let someone have power over me because they control my finances and render me hopeless. I grew up in an environment where I was silenced and beat because I had no choice but to obey the authority. I, one day want my own home where I can say this is mine. I did this. You all tried to beat me down but here I am due to my own will. And when I think about that, I owe it to myself to do this now and work for a better future.
Note: Current figures below
HostPlus Indexed Balanced Super: 20,925.47
Westpac LifeSavings acct: $61188.97
Portfolio: $25,885.56 at the time of writing but I gained $1,925.63 today (yay!) Please also note that I've only recently been strengthening my portfolio, and I'm talking December 20 where i was still losing. Most of the sum here was transferred from my bank account but I've made gains of 5k so far this year since I reevaluated my portfolio in early jan. My next goal is to earn 20k a year from my portfolio so that way I can have a total of 40k savings/earnings a year. I don't know if I can do this but we can only try! I've got a lock of stocks yes (don't come for me), but I'm getting into ETF'S now and will build them up over the years ahead.
If there's a few thousand that doesn't add up it's probably the scraps I salvaged from my tax return lol. I'm no math guru sorry but I have no interest in trying to trick anyone here lol.

• What your past/current strategy has been and an evaluation of its performance.

It's pretty dumb LOL, I get why some of ya'll be pressed in the comments. I literally made this 20k a year savings plan when I got my real job at 18 and just went with it. Like I don't want this stuff to be hard, I just want life to be simple and to be happy. I would've started investing in ETF's earlier and salary sacrificed to my super more (just $200 a week). I didn't need to be so stressed and needed to trust myself to get out of my shitty situation. Moving forward gonna get rid of me stonks and learn how to go about ETF's smartly for the long run and idk if anyone has pointers please share. I don't really have any skills so I'm going to get a diploma and just keep learning, because the more I earn the more I can save/invest right? For anyone that's curious how this relates to FIRE, retirement isn't on the radar yet but being financially independent is a part of FIRE and I think I'm on my way there :)
Jks just go to ASX_bets and look for rocket emojis! 🚀🚀🚀
​

• Advice for others who may be in a similar situation to you.

May not be the most impressive or savvy way but it's how I did it.

• Make a rule. I note down all my expenses and then see what I have leftover from my salary. I want to save as much as I can so my priority is to "pay myself" first. Work out a decent amount to give yourself for spending and literally put everything else away. Doesn't matter if it's only $200 or if you can save $1000+ It's about building lifelong habits, it might suck at first but you become accustomed to it. Build good habits, maintain consistency
• Learn basic financial concepts. I just read the ASIC's Moneysmart website and the Barefoot investor. It's like weightlifting, once you get a hold of the basics you can just grow them gains baby. It was really confusing though, lots of books are for idk, money-savvy older people based in America in suits or something. I asked myself wtf is a ROTH IRA so many times. Lots of things out there are really complicated and don't help/target young people so I just figured out my own way. It can be really overwhelming and confusing stuff, but don't worry it's okay! Do it for you and learn things that serve you and help you reach your goals. F*** derivatives, whatever the hell that means!
• Lifestyle changes: Re-evaluate what's necessary. For me, it's the gym and eating out once or twice a week at your local Vietnamese for $11 pho lol, so my life isn't very expensive. My interests are very inexpensive, I enjoy walking outside to meet my daily step count, I enjoy playing games at home, I love cooking at home and it means I get to hone my cooking skills. I like my makeup and I value looking presentable but I buy drugstore makeup when they're on sale (thank you Priceline you are my life), no Fenty beauty for me :( Buy staple clothing, obviously buy stuff that makes you look and feel good but you defs don't need to get that corset top from House of CB because like...no I take it back. It's a need.
• Know your why: If your reason is strong enough you'll just do it.
• To anyone from abusive homes or relationships, one day you will escape and be able to live life on your terms. I didn't think it was necessary to go on a whole spiel about my story but keep your head up high you will make it, and you will heal in your own pace. I felt like my life truly began when I moved out...it's a hard and lonely journey but it will be very rewarding in the end. I couldn't afford therapy and still haven't gone but using kids helpline (free hotline for kids, teens and young adults up to the age of 25) really helped me when I needed to be heard.
• Please live your youth if you're my age or just live life in general! When you're in survival mode you can't enjoy the pleasures of life because you don't have a choice. Make it a goal to do something exciting every month or however often you have the time, money and resources to do so. For example, for valentine's Day I'm going on a picnic and making a cheese platter for two for $35! It's cute, affordable and sweet :D

Build your opponent a golden bridge to retreat across.
Sun Tzu, Art of War
Everything was for tomorrow, but tomorrow never came. The present was only a bridge and on this bridge they are still groaning, as the world groans, and not one idiot ever thinks of blowing up the bridge.
Henry Miller, Tropic of Capricorn
I was wrong! Blow the bridge! Blow the fucking bridge!
Tugg Speedman, Tropic Thunder
Hello again GME Gang! It’s been a while since I last ranted at you, but I know we’ve been in some very good hands here at WSB with all the great DD folks have posted over the past few weeks. So no need for CPT Hubbard to go for 11 again on the Thumbscroll Dial (until today, that is). I’ve enjoyed a lot of these posts very much, so thank you on behalf of myself and the attention-deficient Rocket Children for continuing to deliver that 100% Chaff-Free GME-grade Wheat at such a feverish clip.
Now, I am going to get to Hong Kong’s Lamest Outlaw and his disconcertingly vacant eyes here shortly. But first I want to take you on a journey back to Christmas Eve, in the year of our lord 2020—a heady time in all our lives. We were all so young and innocent then, weren’t we? Fresh off the run up to 22. Blissfully oblivious that we were living in the last moments where the question What is The War of 1812? was the only acceptable Jeopardy question for the answer: The Last Time the Goddamn U.S. Capitol Was Stormed. This was also before we all became irresponsibly overleveraged in Cathie Wood’s Ornamental Gourds ETF. It was a wondrous, confusing time.
But before we get too off topic, let’s all hop in my 1985 DeLorean (purchased with proceeds from my Jan 15 calls – thanks RC!), fire up the ol’ Flux Capacitor, and get that shit to 88 because something happened that evening that is Worth Pondering—particularly in light of recent events. And just as a friendly reminder: even though you’re going back in time in a DeLorean, no one here has to deviate funds away from GME shares to Save the Clock Tower and you are under no obligation to fulfill a scenario where you wind up making out with your Mom (unless your Mom is Cathie Wood like mine—in which case maybe just some quick over-the-clothes stuff).
On the Subject of How It Once ‘Twas The Night Before Christmas
So what in the holy fuck happened on the night before Christmas, Captain? Well, while all you Gentiles were sleeping soundly after lying to your children about benign home intruders and before gorging yourself on the teat of late-stage capitalism, me and the rest of the Chosen People were up late eating Chinese food and thinking about tendies (self-hating Jew Joke! Ba-zing!). But then: when out on the electric twitter machine there arose such a clatter, I sprang to my phone to see what was the matter. And what to my wondering eyes did appear, a mysterious tweet from a Rich-Ass Viking who had a lot of fucking interesting things to say about this whole GME situation that’s what.
This tweet, buried as a reply to a tweet sent by Mr. Rod Alzmann (@RodAlzmann or u/Uberkikz11), simply said: “Merry Christmas. Shhh.” But it included this screen shot:
[**Image Deleted Due to the Mods - check the link below where someone transcribed it - I'll try to add later**]
Now, this tweet to Rod, sent late at night and likely after a strong Mead or three, was very promptly deleted. But your intrepid cub reporter saw this here tweet that night with his own two eyes—seeing as I am a degenerate GME addict and devoted follower of Mr. Rod Alzmann (Hi Rod!). And I took screenshots, of course, like any responsible records custodian might. And so did the dude who wrote a somewhat-overlooked WSB post on this, which included the most pertinent text of the message if you are having trouble reading it here:
https://www.reddit.com/wallstreetbets/comments/kk0omp/christmas_miracle_gamergate_2020_gme_shorts/
Now, what are we to make of this? At the time, I thought it was very interesting. But I did not give it too much attention seeing as how the internet is overcrowded with anonymous weirdos claiming to know more than they do about all sorts of subjects (and now I feel your judging eyes…). Also, there was some very good commentary in that WSB post from some sharp folks about the screenshot author’s questionable use of the shorthand PE/IB—given that private equity and investment banks wouldn’t apparently be involved in a behind-the-scenes transaction with the short funds like what was being discussed there (don’t ask me, I just string together silly words here). But maybe you poke around his Twitter a bit and see for yourself.
Still, plausibility assessments based on preferred nomenclature aside, it seemed to me that some version of that conversation had to be taking place behind the scenes in a situation like this—given the batshit insane short interest, the funds supposedly involved, and the rapid rise in SP coinciding with RC’s share accumulation, December 21st amended 13D filing, and new status as a GME Insider and Board member (just love saying all that in a row, don’t you?).
So the Viking’s screenshot tweet, and the very likely possibility that shorts are in so deep that they’re attempting to negotiate peace with large shareholders behind the scenes, stuck in my tiny little baby brain as a pretty plausible set of scenarios. And from the look of it, it seems like some funds were at least willing to discuss offering these shorts a Golden Bridge away from Certain Fucking Destruction on the open market. And if the words on the screenshot are at all aligned with reality, these short funds have no good options.
Yet it seems like they are still playing hardball to negotiate the carat on this generous bridge offer they’re getting. Why? Maybe they’ve been getting high on their own supply for so long and they don’t know how to see this situation for what it is. Who knows? Maybe there is no Ryan Cohen and we’re all living in a simulation. But if the recent low-rent anti-GME articles and market manipulation efforts we’re seeing are any indication, these overleveraged short fuckers seem to think they’re going to be able to spin out of this hold and drive the SP back down to even smaller peanuts than it’s at now by sheer force of will (and some deployment of well-honed tricks of the trade amirite?) to emerge unscathed. Or even victorious? I dunno—it’s their delusional fantasy sequence.
But do you know what this scenario reminds me of? And this is just coming to me so please bear with me as I’m not showing this to my editor before we print (I haven’t seen this movie in ages – don’t know what made me think of this!). Fuck it, I’m just gonna start riffing here. The shorts trying to thread this needle, against all odds and logic and common sense, reminds me of that hilarious scene in Dumb and Dumber where haplessly delusional Jim Carrey thinks he has a chance with Mary Samsonite Swanson. But the scene is funny because he really doesn’t. Have any chance. At all.
Now, I know this is a 1990s movie originally released on VHS that we haven’t seen it or even seen it referenced in ages. But now that you’re thinking of it again after all this time, doesn’t it remind you of this too? I know, I get it: You’d have to have fucking peanuts for brains for it not to.
(https://twitter.com/ryancohen/status/1350877969816956934?s=20)
On the Subject of the Continued Internet Bumbling of Mr. Justin Dopierala
Now that screenshot came to mind this past week when something kind of weird happened while we were all enjoying our quick rocket ship ride. And yes, we are briefly going to talk again about Seeking Alpha’s second finest pro-GME author (always been more of a Dmitriy man myself) and recurring CPT Hubbard character, Justin Dopierala (and no, Angela, I do not want to have like 10,000 of his babies).
Last Thursday, after we were all virtually high-fiving one another and counting our future Lambos, Mr. Justin Dopierala, head of Domo Capital and longstanding uber-bull GME shareholder and author at Seeking Alpha (last seen arguing pithily with our own Rod Alzmann about the conservative nature of Rod’s holiday earnings projections. Hi again Rod!), made it known that he sold all of Domo Capital’s 500,000 shares for around $42.50—at the very top of the run up last Thursday morning.
Now, Domo Capital’s business decisions are none of my goddamn business. And there are plenty of market opportunities right now. Shit, I hear there is even a new Cathie Wood Gourd ETF coming online soon that people are really excited about and that I’m sure Justin’s clients would find intriguing. But Domo’s decision to sell seemed curious given a few things: (1) on Wednesday, when the rocket is mid-flight, he got a twitter follow from Gabe Plotkin, head of Melvin Capital, which he promptly tweeted about with a “get a load of this fuckin’ guy” vibe (oh the sweet, intoxicating arrogance of tendie victory, I too love it so); (2) he had also tweeted that day comparing GME’s rise to Apron’s short squeeze that lasted 4 days—where he also stressed to his followers that Apron had a much lower SI than GME; and (3) he then promptly deleted all of these tweets and almost everything else GME-related on Thursday after apparently introducing 500,000 shares of liquidity into the height of a stressed market up and through the Thursday reversal and down into his own personal tendie town.
Now, after seeing all this, I mouthed off a bit to Justin on the electric twitter machine because that’s kind of my thing. And if you are familiar with my prior ramblings, you know that he and I go way back. In response, Justin talked a bit of shit about your intrepid cub reporter here in a comment on Dimitry Kozin’s October 21, 2020 article about a possible sony revenue share deal or something, the comment section of which has become the preferred SA water cooler over there. (And I can’t link that because Thems The Rulez). And Justin hurt my little feelings a bit with his very sharp denial. And by all means have at it over there to check out his comment about why he sold if you give a shit. That is if Justin hasn’t deleted it yet. Free country and all.
But to summarize, on the subject of treacherous coordination with Melvin Capital, Justin said he would not could not in a boat and he would not could not with a goat. And I for one believe him. And do you know why? Because even though Justin seems like a very smart guy in some ways, he’s also a well-known internet bumbler who blurts out things to his internet friends that a person with better self-control would keep to themselves. And so I do not think he is capable of pulling that off or keeping a secret like that. Also: he said he didn’t so I am more than willing to give someone the benefit of any doubt in that area and you should too. I think we keep Hanlon’s razor firmly in mind here about never attributing to malice that which is explained by stupidity. That is unless, of course, you’re Andrew Left and you’re actually trying to convince people that you didn’t realize there was a US presidential inauguration planned for the same time you announced your Super Important TeeVee Yammerfest ‘21 about GME not being a good candidate for an imminent short squeeze no way no how not if my name isn’t Andrew Left short seller expert extraordinaire and Hong Kong’s Most Misunderstood Ethically-Minded Businessman. You can ascribe the fuck out of malice to that one.
No, even though I really have no idea, I think the most likely thing that happened there was that Gabe Plotkin, Master of the Universe, Head of Melvin Capital, and Acolyte of Perennial Most Ethical Business Man MVP candidate, Steven Cohen—got into Justin’s head when Plotkin followed him on twitter during the 57% (at one point 94%) day last Wednesday and then Justin got a bit chippy about it.
And this is the real reason I’m bringing this up.
Because I honestly care very little about the Nervous Investing Habits of the Wisconsin hedge fund voted most likely to prompt a Mr. Roboto reference. No: I think that Gabe Plotkin sent a message with that follow. Without even ever having to say it directly. And I think that after GME’s huge run and getting a little overexcited while working the twitter machine, Justin maybe had a chance to relax with a warm glass of milk that night and reflect on that message. Which I believe was: I’m watching you, motherfucker. And the only reason I’m paying any attention to some shitstain Wisconsin pseudo-fund on a day like today when I am getting my ass fucking torched is because I want you to know that if this GME shit blows up on me, I’m going to fuck your ass up. I will remember the name Domo Capital forevermore. And when you least expect me, I’ll be there. Now: your move, motherfucker.
And once I realized what might have happened there, that made me feel kinda bad for Justin if he felt that way. Definitely a puss move because fuck you Plotkin I drink your fucking milkshake, right? But bad because that’s a mean message for a business colleague to send, Gabriel. Shame on you if that's how you roll like a big New York bully and scaring our poor Justin like that. And if you just wanted to follow him to shoot the shit or swap listicles and Star Wars Prequel memes with a respected contemporary—even in the very midst of getting fucking annihilated while short GME—well Justin has a totally different account for that and he’s not allowed to access it during work hours.
On The Likelihood That The Most Heavily Shorted Stock in History Is Not Being Subject to Continued Market Manipulation When A Steve Cohen Acolyte Is Losing His Fucking Shirt
Have you heard about Steve Fucking Cohen? The guy who looks like he’s tip top of the list of the premier Hollywood casting agency’s rolodex for Saddest Dipshit Still At the Strip Club After Everyone Else Has Already Gone Home? I’m sorry, that’s mean and my mother told me to always be kind to the truly hideous looking because they’re probably still beautiful on the inside (spoiler alert: he’s not!).
Get a load of this guy:
https://www.bloomberg.com/news/articles/2014-01-02/why-sac-capitals-steven-cohen-isnt-in-jail
https://www.latimes.com/entertainment-arts/business/story/2020-09-02/controversial-hedge-fund-billionaire-steven-cohen-takes-on-hollywood
https://www.marketwatch.com/story/steven-a-cohen-among-the-million-dollar-donors-to-trump-inauguration-2017-04-19
https://www.vanityfair.com/news/2016/11/steve-cohen-trump
https://nypost.com/2015/06/17/billionaire-steve-cohen-bros-out-with-guy-fieri/
Are you back? I’ve missed you. That was scary, wasn’t it? But allow me to TL/DR all that for you who decided to avoid all that unpleasantness: the dude just has all this bad luck and keeps finding himself into these really awkward situations where someone could potentially question his commitment to ethical business and life practices as well as adherence to the laws of the United States and it’s just not fair and nothing’s fair and Nice Guy Steve Cohen Is The Victim Here So Just Stop Right There Mister I See What You’re Doing. He's also bros with Guy Fieri. Cool.
But why am I talking about a guy who would so clearly pass Billy Madison’s Final Question about Business Ethics without even breaking a sweat?
Because Steve Cohen once had a young Ace Protegee that he loved very much. With the name of an Archangel, so tender and pure. And one day this young man decided he wanted to Prove Himself and Leave Steve’s Nest. And thus was born Melvin Capital, seeded financially by Steve Cohen but named after famed Crooner Melvin H. Tormé, which Gabe’s esteemed mentor Steve would play in his office, over and over, all those years ago.
Now let’s fast forward a bit because I’m boring myself with all that fucking Cohen reading (the bad Cohen—don’t you dare get anyone confused here). As I was saying: Gabe Plotkin, head of Melvin Capital, has by all accounts gotten himself into a bit of a pickle here being so deeply short GME. Lots of people have analyzed and overanalyzed it, and I’m not going to do it again here; that dead horse is well and truly beaten. But to bottom line it: we’re all just staring down what is essentially an unprecedented math problem that will, at some point, resolve itself. And if it revolves itself in favor of the Good Guys, then the Bad Guys will lose a Fuck-ton of Money. That’s your money block quote, WSJ, so fuck off and stop calling me.
Now: picture yourself as a Steve Cohen acolyte that just bought a $44M Miami Compound and who cannot stop talking about how co-owning the Charlotte Hornets is worth it just for the courtsides alone bro once basketball is a thing again and so what if Michael Jordan keeps calling him Gary it’s close enough. Are you feeling the most financially secure that you have ever felt in your young rich life right about now? Or might you be a wee bit worried that you’ve pursued an investment thesis so reckless, so irrationally and intentionally destructive of equity, that even Melvin H. Tormé himself must be rolling in his fucking grave that you would ever dare put at risk your ability to continue being Michael Jordan’s Gary?
And so here is when I again link my good buddy Jim Cramer’s Great Unveiling of the Tactics Deployed by Short Sellers hoping to change the narrative and construct a “new truth” to suppress the SP in the face of, oh, let’s just say: a very promising turnaround story in a high-growth industry by an e-Commerce Canadian Genius who does not fuck around and who knows what he’s fucking doing and aims to sell more and better video games experiences to crackhead video gamers and there’s a million things he wants to do but just you wait, just you wait.
Is this plot that hard to follow?
And I’ll also say this: I know fuck-all about monitoring order flows or how funds continue to create synthetic shares to short shit into oblivion. But I’m just stepping back and thinking of the broader narrative and tactics on this. Spit-balling here again—bear with me. Now, if you were massively short a security while paying out your ass in borrowing fees for the privilege of entering the most crowded short trade in the market and you’re now opposite a massive business turnaround story, Ryan Cohen, numerous institutions, funds, retail whales, Norwegian HNW Freemason Consortiums, and the energy behind the Finest Rocket Children Ever to Grace Planet Fucking Earth—and you’re taking it in the ass week after week here—Do you then play this straight? Do you set aside all of these illegal and deceptive short tactics Jim Cramer candidly outlines in that video even though they’re impossible to enforce and are in fact not enforced? That Jim basically says you’d be professionally negligent if you were short and didn’t do this shit because fuck it whosgonnastopyou? And now you fucked up and that steamroller is barreling down upon you and there are all these things you could theoretically do try to get yourself out of this jam if you were That Kind of Person? Do you set this all aside and, at least in Jim’s view, tie one hand behind your precious ethical back? On the most heavily shorted stock off all time where you are bleeding Real Life Big-Boy Money? Just buying and selling you know, just a job, honest living, nothing much to it, sometimes you win, sometimes you lose, can't get too carried away with it.
Or is it something a little bit fucking different than that?
I don’t know. I’m not in the industry myself. And I would never accuse anyone of doing anything so clearly contrary to the values upon which their professional career as Master of the Universe was built. So Gabe: chill. Don’t follow me or something on twitter man, since for all I know that’s Plotkinese for I Hope You Don’t Mind Sleeping With This Severed Horse Head in Your Bed Motherfucker. It’s just money, dude. You seem pretty well taken care of. But man would I be sweating if I were short right now staring down the barrel of your new neighbor Ryan Cohen’s whims and patience and polite Canadian manners and ambiguous emojis that we all lose our shit for. I mean, fuck man: are you ok? Don’t forget to exercise and eat well during all this. Maybe switch to green tea or something. And remember: you’ll always—always—be Michael Jordan’s Gary.
But here is where we return to our good friend Andrew Left from Citron Research.
Do you remember the excitement you felt this past weekend? I’ve never seen WSB so jacked. People were coming out hot on Tuesday—an uptick day! The new phone book’s here! The new phone book's here! What luck to be free of Gary’s tomfoolery for one fine day. And then GME spiked right away—reaching a high of over $45 that morning.
But then something happened. We all know what it was. But here is where any SEC lookie-loos need to close those Pornhub links and pay closer attention. Because in the moments before the Citron tweet that morning about Andy’s upcoming BuzzFeed Listicle call on Why GME is Scary Investment GRRRR, total short shares available dropped from 1.2M to 0. And a $300K put bet was placed on a weekly with a strike price well over 10% out of the money at the very moment that GME’s price was accelerating rapidly. (H/t u/FatAspirations). That’s some WSB-level shit right there.
And yet they pull it off! GME immediately shoots down nearly 30% intraday, and eventually climbing abck up above 10%, making us all feel a little weird and like ungrateful millennial brats for feeling so shitty about a 10% day. But we all know what fucking happened, now don’t we?
So what can we say about ol’ Andy? Now, many of you know Andy as the dumbshit who shorted TSLA until he was ground into little bits of dumb dumb dust and made to look ever so foolish over and over again until he finally cried drunk uncle and flipped to being long TSLA and now he’s cool to you or whatever. Or you might know him as the guy who puts out really shoddy research that often, by pure happenstance, drives a new narrative to control the orderflow and SP on a WSB-beloved security like PLTR? You know the guy I’m talking about. Once in hot pursuit by Hong Kong fuzz, an International Man of Obviousness with a face that says: why yes, I will have another vodka tonic thankyouverymuch. That’s him.
Well, just like future call-back candidate for the role of Frightened Inmate #2, Mr. Steve Cohen, Andy is also but a Caveman—frightened and confused by your modern concepts of “ethics” and “rules.” No! No!—He’s a straight shooter! Devoted to rooting out obvious frauds, like Lukin Coffee and TSLA (Do not fuck with Elon or my Hot Mom’s ETF, Andy). And like the aspirations of Antoine Bugle Boy when he entered the blue jeans market, Andy saw an overcrowded short trade here based on an overly simplistic and obsolete short thesis about GME and said: “Me Too!” And as this thing is ripping to the stratosphere, Andy starts ringing his dumb dumb twitter bell and saying hear ye, hear ye—Inauguration Day and time it shall be for all my Big Brain thoughts about GME!
Nothing weird about that. No sir.
So Andy Citron or whatever the fuck his name is will be putting out some dumbshit video or something today in what seems to be a pretty clear attempt to scare my poor Rocket Children and get those pesky computers to high frequency this shit to drive the SP down to more acceptable loss levels (cause let’s be honest: they’re still taking a fucking bath here) for Mel Tormé’s namesake hedgefund and all the other cretins that are dug into short position here. And they’re gonna try to scare ya’ with the color red! And they know that no one here likes the color red.
But do see what’s going on here and who we’re dealing with. This really ain’t rocket science, Rocket Children. The dude actually tried to claim he forgot about the Inauguration. In 2021. He has not been in a coma, to the best of my knowledge. But you do look a little bleary eyed, Andy. Must have been all that staying up super late working on those last few bullet points to fill out the powerpoint on that GME listicle of yours, eh sport?
Conclusion: On the Subject of Patience and The Arc of The Universe Bending Toward Ryan Fucking Cohen
In my youth there was a period of time where I went out on boats that would drop crates into the waters of the Arctic. Bundled inside them were raw pieces of meat. In the coming days the boats would head back out to the frigid seas, hook the floats bobbing upon the waters, and pull the crates up. Packed inside would be many crabs. They were so delicious & made a good price at market. The difference between the crate that was empty and the create full of bounty was a mystery even the great physicist Erwin Schrödinger pondered at much length.
But the hearty fishermen of my youth already knew the answer long ago. Why did the trap fill up? Time. In time, all traps fill. In time, all things pondered shall be revealed.
--The Fucking Viking, That’s Who
Now look, you all know I have a soft spot for Ryan Cohen. Hell, we all do. He’s a good dude. And the man has played this flawlessly so far. He really has. The fact that we are all sitting here with Ryan Cohen having successfully negotiated three seats on the Board—a bloodless coup as my man Rod Alzmann says—here in January? It’s amazing. His vision for GME is dialed-the-fuck in and extremely exciting. This misunderstood business is on the threshold of an exciting turnaround with Ryan Cohen at the helm. And though I was very much looking forward to the potential repercussions of a vote being called at the annual meeting and what that might mean for the short-term share price, this result is infinitely better. Whatever their motivations, that Board and George Sherman saw the writing on the wall here and accepted the Golden Bridge that Ryan offered them. And Ryan Cohen has done everything he’s set out to do here. And he’s clearly been having fun while doing it. Read up on the guy at some point if you haven’t–there’s lots of good DD out there on him, obviously. And while you’re reading and thinking about Ryan Cohen, think also about guys like Steve Cohen (no fucking relation) and Gabe Plotkin and Andy Left and how lucky we are that we get to roll with RC against that motley crew of fuckwads.
And do you know what? I’m guessing that RC, and maybe even the funds being discussed in that screenshot, have been very patient with Mr. Plotkin et al in recent weeks. You don’t go around bankrupting hedge funds willy nilly, you know--bad form and all that old chap. People tend to remember that. And guys like Steve Cohen and Gabe Plotkin seem like they play for keeps. So now you try to build them a Golden Bridge to cross—maybe not their preferred route of travel, but could be worse and all that, right guys? But for whatever reason it seems like the natural instinct here on the short side is fight over flight. And these short FUD tactics are getting increasingly ridiculous to help slow down the inevitable march toward the detonator right next to that bridge. So relax everyone! And let’s not fool ourselves: All those Masters of the Universes are well aware of the math problem they’re all facing here and they must have a vague grasp of the odds that this goes off in one direction over the other. And what that could mean for the size of their money pits and how many sports teams they can buy this year. Shit, I assume Steve Cohen is counseling his young acolyte about how many sads he himself felt deep down in his man heart on that fateful day in 2008 when he lost $250M on a short when Volkswagon squeezed to infinity—a sadness that he will continue to draw on when his agent finally finds him a role that calls for it.
But my point is: the longs here can afford to be patient and let this play out. When this thing moves, the Viking’s Schrödinger crabs will only be in one pot. And I’m guessing that pot is the one being held by the guy who is actually in total control here: Ryan Goddamn Cohen.
So enjoy the show today. If you’re anything like me, you’re feeling relaxed after gorging yourself on lucky space peanuts all week.(https://solarsystem.nasa.gov/news/10022/lucky-peanuts/)
And though these silly wabbits with their cumbersome FUD efforts can get a bit tiresome, I’m still very much enjoying this GME show at this point and almost do not want it to end—what with all these Sorkin-esque twists and turns and my Cohen Tweet Decorder Ring getting all this sweet action.
But just remember who Ryan Cohen is, what he cares about, and what, so far, he has told us he intends to do here. And then you might realize, as I have, that Ryan Cohen has had the Gray’s Sports Almanac here all along. This story has already been written. He’s already won. And Melvin Capital’s Schrödinger-ass crabs are dead as fuck. The only question now is: what causes that Golden Bridge to blow? I, for one, am content to wait on RC while counting my good fortune that I can continue to accumulate until whatever happens here happens. So pass the rocket peanuts.
It’s just money after all. Right Gabe?
TL/DR: Psst: a Mysterious Viking once told me about behind-the-scenes Golden Bridge negotiations that are likely taking place that give shorts no chance but the shorts seem to think they’re saying there’s a chance but there really is no chance; Gabe Plotkin, Steve Cohen and Andy Left are misunderstood Straight Shooters who probably answer typical interview questions about their own perceived weaknesses by saying “Sometimes I just care too much about doing the right thing”; and Ryan Cohen is the Goddamn Man so we can all relax and not worry so much about all this dumb short FUD bullshit, ok? OK. 🚀🚀🚀
**If you construe any of the above as investment advice without doing your own DD or at least Googling Ryan Cohen then you are a fucking idiot and may God have mercy on your soul. You too, Andy.

BlackBerry, AMC and Other Reddit YOLO Favorites That Aren’t GameStop

A frenzy from online traders is sending shares of some companies soaring

On Reddit forums, ordinary investors are swapping stock tips.
It isn’t just GameStop.
Shares of the Texas-based videogame retailer surged as much as 145% on Monday alone, before giving up most of their gains to end up only 18%. But GameStop Corp. is far from alone in going vertical this year.
Everything from a hydrogen battery maker to a struggling movie-theater chain have rocketed in the past few weeks. Behind the swings, many see ordinary investors, stuck at home in the pandemic, swapping tips and hatching trading strategies on online forums like Reddit’s WallStreetBets—often buying things Wall Street has bet against. Many tout their long-shot wagers with the expression “YOLO,” or, “You only live once.”
Here’s a look at what else has their attention:
AMC Entertainment Holdings AMC 8.71% Inc.
Shares of the movie-theater operator have risen more than 30% this week after the company announced a $917 million financing deal to avoid filing for bankruptcy. But day traders’ enthusiasm for the company had already allowed it to sell millions of dollars’ worth of shares last year, helping raise much needed cash.
BlackBerry Ltd. BB 1.50%
Security software and service provider BlackBerry is another stock with a notable short position finding support online from individual investors. Shares have climbed around 25% this week, leaving many analysts scratching their heads. The company said Monday it wasn’t aware of any material developments or change in its business that would account for the recent jump.
NIO Inc. NIO -0.43%
The Chinese electric-vehicle maker has received enduring interest from individual traders on social media platforms including Discord and Reddit, sending shares of its ADR up more than 1,000% in the past 12 months. NIO now ranks among the world’s top five auto makers, with a market capitalization around $96 billion. The company delivered 43,728 vehicles in total last year. That compares to around 449,000 deliveries by Tesla Inc., TSLA 0.40% and more than 9 million from Volkswagen AG .
Palantir Technologies Inc. PLTR -1.27%
Data-analytics firm Palantir Technologies’ shares have soared over 260% since the company went public back in September, making it one of last year’s best performing stock offerings. The company has also become a favorite of individual investors posting online, who like it because of the exposure to big data and government contracts. Later today, Palantir will show off the latest developments in its software to the public for the first time ever, a move some analysts expect to have positive ramifications for the stock.
Plug Power, PLUG 10.82% Inc.
Shares of hydrogen battery maker Plug Power have gained more than 370% in the past three months, powered by investors eager to cash in on the green economy. Individual investors online lauded Plug Power as the next big thing after South Korea-based SK Holdings Co. invested $1.5 billion in the company earlier this month. Others are less optimistic, with hedge funds including Kerrisdale Capital Management betting against the stock, saying hydrogen batteries face numerous challenges including efficiency and safety.
Bed Bath & Beyond Inc. BBBY 18.42%
Shares surged as much as 50% Monday before paring gains and are now up around 70% in 2021, even after the home-goods retailer this month reported third-quarter earnings per share of 8 cents, short of the 19 cents analysts expected, along with a 5% drop in revenue from the same period last year. Online traders point to an early 2020 change in management and the fact that the company is buying back shares as signs that the share price will continue to increase.

Previous | First
-----
A/N: Please consider supporting my writing efforts on Patreon. You can follow this story and be alerted when new chapters release via fanfiction.net.
-----
“Are you sure they’ll be alright?” Thorson asked of Fusou, who had just returned to the docks from a final review of the shrine and its remaining attendants, Michishio and Ooshio. She bowed to him, glancing up as he looked her over. They smiled at one another, knowing where each had been looking.
“If and when this is finished, I will sate your appetite and my own until neither of us can stand, tono-sama,” Fusou promised. “Until then you have a commitment to Arizona and, more importantly, to your country. The shrine will be well attended in our absence. Ooshio and Michishio are shy and docile, but they are competent young women.”
“Then I think we should be on our way,” the Commander responded, looking out to the rising sun in the east with tired eyes. “Any advice on the remaining prisoners?”
“I’m sorry, tono-sama, but I do not have anything more. They have heard my stories about what Yamashiro and I were subjected to. They have seen your way of fighting. All that remains is for them to make a decision. I do not blame Kongou, Suzuya, and the others for their inaction. Soryuu will be the linchpin. If you can win her loyalty, you will win Hiryuu’s as well.”
“It won’t help with this battle, but you never know what the future will hold. Thank you, Fusou. You can head out to your ship.”
She smiled sweetly at him and closed her vibrant, teal eyes before leaning against his body and claiming a small but soft and sensual kiss. “I know I made my promise, but in case the worst happens you should know that I love you, tono-sama. May the seas be smooth for our journey and may the gods watch over you, and all of us.”
“Thank you, Fusou,” he whispered, allowing her to let go of his hand and depart. It was only a moment before Arizona was at his side, slipping her hand into his still warm palm. He tried not to let his surprise show. “How long were you watching?”
“Long enough, Commander. But I’m used to it by now, not to mention I consider Fusou something of a sister at this point. Doesn’t mean I wish to hear about whatever sweet nothings she whispered to you. Have you spoken with Brooklyn?”
“I have,” he affirmed, turning back to take in the base that had become his home over the last half a year. The bulins were loading the last few barrels of oil that the Akashi could reasonably fit aboard, where some of the most competent in Thorson’s fleet would watch over the prisoners while operating their hulls remotely. “Assuming we come back, I’m sure it will still be standing.”
“No matter what happens I will be at your side,” Arizona promised. He squeezed her hand gently.
“Thanks for not trying to tell me going up against the Sakura Navy in their home waters and possibly the sirens too will be ‘just fine’. But that does comfort me. Shall we?”
“Most of the fleet is ready to go,” Arizona relayed, using the tower on the back of her rigging to communicate with her sisters in arms. “Can I offer you a ride?” she asked as they approached the waters of the base’s docks.
“This is more comfortable than your sister’s rigging, but don’t tell her I said that,” Thorson laughed, causing her to giggle back at him. Arizona’s large replica of the front of her hull was long enough to seat the two of them, zipping them across the still waters to where her behemoth of a hull awaited them. “I will never not be amazed at how you can control something like this.”
“It’s because I am my ship,” she explained affectionately, resting a hand against the steel as they climbed aboard.
“I’ll take your word for it. When you’re ready, give the order, Arizona. We sail for Ogasawara and the Sanctuary.”
“Aye aye Commander,” she replied, her medals gleaming in the light of dawn as they headed to her bridge. “The standards are raised. I got one from the girls of each faction. We can proceed.”
Before heading up to the command deck Thorson looked up, finding the Union flag flying above that of the Royal Navy, the old Imperial Navy war ensign, and the banner of the Sakura rebels. “Quite the motley fleet we have here,” he remarked affectionately.
“I’m glad you found something to review other than my backside,” Arizona tittered at him from up the stairs. He reached up and swatted that same backside, knowing it was only the two of them aboard.
“And when did you get so cheeky?” he wondered with a smirk that she eagerly returned.
“Well, sometime around when you asked a shy young woman to be your flagship?” she suggested. “You ah… made your point quite forcefully.”
As his fleet steamed north and west out of the harbor, Thorson realized he would have to focus very intently in the event he wanted to get anything done during the voyage ahead.
-----
Several days into the voyage, which up to that point had been uneventful, Thorson paid a visit to the Akashi to review the prisoner situation. He found South Dakota, Minneapolis, and the Asashio sisters there on guard, with Kasumi cradling Minnie’s head in her lap. He looked down at her in particular.
“What?” Minnie asked as her body shrugged for her. “It’s comfortable down here and the little one is rather gentle.”
“I presume all is well inside then?” Thorson requested. To his surprise, Asashio answered instead of Dakota or Minnie.
“There is great uneasiness, Shikikan, but there have been no incidents. Hiei is awake and able to speak once again. It has defused a significant amount of tension.”
“We’re decidedly within Sakura territory now, even after their retreat following Midway. Be on your guard and be ready to fight at a moment’s notice.”
“Yes sir,” South Dakota replied, her medal gleaming and glinting in the sun from its place in her hair. She was still barely clothed from the waist up, so he presumed that state of affairs would continue for some time.
“I hope this battle will be easier on you,” he offered. She waved his worries off with a brush of her hand on his shoulder.
“You should concern yourself only with victory. Let the evils of doubt and trepidation not fall upon you. We shall be your instruments.”
“Instruments can be discarded. That’s not my way,” Thorson explained in a tone devoid of passion. “Sounds foolish, I know.”
“Foo says that we will be stronger together, and that many can overcome even the strongest warrior if they work in unison,” Kasumi offered.
“She’s right Dakota, you know,” Minnie agreed. “If you have business with the prisoners you’d best get it over with Commander, unless you want to be caught on this ship during a battle. Pants around the ankles isn’t a good look outside of your shared cabin with Arizona, I’d say?”
“Oh haha, very funny,” Thorson replied as even the typically stoic Dakota smiled at the jab. He composed himself, straightening his uniform. “My love life aside, thank you all for your work here.”
“You are welcome, sir. Thank you for coming to check on us,” Dakota replied for the small group, allowing Thorson past her and into the infirmary aboard the Akashi that also served as long term quarters for the prisoners taken both at Java and Midway. He had barely stepped foot inside when Soryuu spoke to him, the tall, lapine carrier leaning against the bulkhead just on the other side of the wall from South Dakota.
“Not your way, is it?” she asked, earning the barrel of his Colt in her face in reply. Their eyes met and he lowered his weapon, taking a deep breath as his heart recovered from the surprise. “I approve more of your reaction to perceived threats than your treatment of your soldiers.”
“Well it’s a good thing I don’t yet evaluate my job on the basis of your approval. You don’t talk to me unless you need something, Soryuu. What do you need?” he demanded. She frowned and crossed her arms over her chest.
“Nothing. The end will soon be upon us one way or another.”
“You still have a chance to determine how this ends,” he insisted, glancing to his right and noticing that both Hiryuu and Kongou were paying close attention to the goings on. “Just not on your own terms, admittedly.”
To his surprise, Soryuu didn’t so much smile as smirk in reply. “That would honestly not be much of a change.”
Thorson didn’t know how to reply to her, so he simply turned away and walked over to Hiei’s bedside. Her scars had not healed, even those on her face, but she was awake and alert. “Do you think this would help you?” Thorson asked, offering her a couple of shards. Many kansen looked on as she silently took one and closed her singed hand around it, but the small, blue crystal refused to assimilate with her being.
“I suppose not,” Hiei replied sadly. “Who are you?”
“The man who led the forces that defeated yours at Midway. I am sorry for what happened to you. I didn’t know this was possible,” he stated truthfully. “Are you able to eat?”
“I am, though I cannot eat the same sort of meals as my sisters now. Akashi has seen to it. I don’t know the details,” she explained, looking him over warily. Thorson’s mind was full of theories, but he didn’t have the faintest of ideas why she would become more human-like in response to what he considered was a broken wisdom cube. He motioned to her sister, though given the difference in hair color and complexion, he figured adopted sister might be a better term.
“If she needs unique care, let us know.”
“Why won’t her wounds heal?” Kongou demanded. Thorson could only shake his head and guess.
“If I had to give an answer, it’s because she’s essentially human now. We don’t… we can’t heal things like that. That being said, living with such an injury is more than doable. Time permitting, we can discuss this more when the battle is over. I hope there won’t be any more like her. I’m sorry, there’s nothing else I can say.”
Kongou’s facial expressions were pained and angry, but she was levelheaded enough to understand Thorson could only do so much given the situation. He turned his attention back to Hiei. “If my force survives the coming battle, I will help you find a new purpose. Your blade was recovered and remains in my office back on the island. In the event your side prevails, you will find it there.”
With everything said that could possibly be said given the realities, Thorson stood and reviewed the rest of them, most of whom averted their eyes. He didn’t blame them. Hiryuu was an exception, of course, and he smiled her way. She frowned back. “When you’re ready to fight again, let me know.”
“Bastard.”
He chuckled to himself. “Yeah, I know. But someone had to stop you. You were too powerful to remain our enemy.” Walking back to the doorway to the exterior of the ship he paused, contemplating what to say to the more cerebral sister of the second carrier division.
“You should go, enemy Shikikan. Battle draws nearer,” she said quietly. He bobbed his head in agreement.
“If we lose, this will likely be the last you see of me. If we win… I will require your aid,” he told her, departing past the guard force before she could give him an answer.
-----
“Shoukaku, Shoukaku-nee!” Zuikaku radioed frantically. One of her scout planes had picked up a large formation, soon corroborated by a second aircraft to be a massive combined fleet of Union and Sakura ships sailing west. “It’s them, the fleet that drove us out of the Java Sea. The Ghost is with them! They’re heading for the Sanctuary! Shoukaku?!”
“I heard you, Zuikaku,” the silver-haired elder replied, looking calmly up at the evening skies as many of her own scout aircraft returned. “Destroy or recall your planes. I think it is finally time for us to make our move.”
“We’re headed south, right? We’re going to join the battle?”
“We are not,” Shoukaku corrected, resting her hand on the still warm engine casing of one of her Zeros. “Unless you wish to die shielding Akagi from her inevitable fate?”
“Of course not!” Zuikaku spat. “But Kaga-sama and the others-”
“Have made their choices, just as we will make ours, Zuikaku. My loyalty remains with Lady Nagato-sama, as it always has. If the Sanctuary comes under direct assault I have no intention of letting such an opportunity go to waste.” Shoukaku’s crane-like kimono billowed in the wind on deck as she began turning her ship, adjusting her heading due north. She placed her flute to her lips and began to play, conjuring a fog to blanket the noise of their engines and to obscure them from view of anyone else watching. “The time has come to liberate the rightful leader of the Sakura from her supposedly self-imposed exile.”
“But Shoukaku…” her sister protested meekly, nevertheless turning to follow after her.
“I know, Zuikaku. Your youthful heart burns for revenge against those who killed Shouhou. But against that fleet you will only meet your doom. If we can deliver Nagato-sama and her guardians safely to the conflict, we may be able to prevent more from suffering the same fate.”
“That’s- We’re going to surrender?!” the brown-haired sister spluttered indignantly.
“We might,” Shoukaku admitted as she finished her melody. “But that die was cast when the decision was made to attack Hawaii, and again when the main force struck at Midway. If you regret remaining out of that battle, by all means go and throw your life away for those kitsune.”
“Could you not be such a jerk about it?” Zuikaku pouted, heading inside and seating herself in a chair on her bridge. “I just don’t know how I’m going to live with myself after all of this.”
Instead of teasing her further, Shoukaku sighed deeply and played a mournful note on her flute. “I know, dear sister. Let us devote everything we have to succeeding in this mission. If we succeed then maybe, just maybe, we will be able to hold our heads high as the Sakura Empire crumbles around us.”
“And if we can’t?” Zuikaku wondered morbidly.
“Then we die proudly and go to our rest knowing that we did so as free women, not siren thralls,” came Shoukaku’s stoic reply. Her sister drew her blade and began her ritualistic honing of its edge.
“Yeah, I can live with that.”
-----
“Alright, so we’re all agreed? The next time anyone shares the commander’s bed for the night they need to tell us all the details! I didn’t realize you were so brave, Zed!” Javelin gushed as the three of them held a ‘secret meeting’ aboard Laffey’s ship.
“Laffey cannot believe Nimi would be first, no no. Commander has much to answer for, yes he does.”
“Mein Gott, Laffey please?” Nimi pleaded, her cheeks bright red as they took shelter from the sun and heat in the shadow of one of Laffey’s torpedo mounts. “I just… I don’t know what came over me.”
“Oh stop teasing her, Laffey,” Javelin insisted with a smile. “The commander saved her life. Don’t you think it’s super romantic? The two of them looking in each other’s eyes and becoming one as she gives herself to the man who rescued her. It makes my cube just flutter!”
“Laffey and the commander drink together, this is also romantic,” the lapine destroyer insisted as Javelin swooned and Zed tried to disappear, looking out at the sea. “Laffey wonders where Ayaya is.”
Javelin and Zed glanced at one another sadly. The Ironblood removed her beret and allowed the breeze to ruffle her blonde hair. “I tried, but I was never able to find any intelligence on her. The Ironblood seems to be operating in accordance with their own interests, and have little concern for allies all the way on the other side of the world.”
“Well if Yuudachi and Yukikaze were willing to join up, hopefully Ayanami will too,” Javelin suggested, trying to dispel the ominous cloud that had hung over the three of them since departing on the mission to destroy the Sanctuary.
“Laffey will kill them all if they do not give Ayaya to us.”
“Laffey! If you do that don’t you think Ayanami would be very sad?” Zed reasoned. “The battleship you attacked is awake now and alive, but anyone less powerful would have been obliterated!”
Laffey hung her head. “Laffey does not know what to do. Laffey was given power to help the commander, but then when Laffey uses it everyone is scared.”
“Laffey,” Javelin said supportively, hugging her friend. “These things happen, but maybe save the big guns for the sirens?”
“Mmm ok,” she agreed before tilting her head. “Nimi says the battleship is awake? Laffey will go now.”
“Wait, what do you mean you’re going? We’re on your ship!” Javelin pointed out. Laffey turned sleepily, shrugging on her vest so she wasn’t just wearing a skimpy white bikini top.
“To find Ayaya.”
-----
Hiei moaned softly and opened her eyes as she sensed a weight on her bed. Her burns didn’t extend that far, but she hated the feeling of tight and uncooperative skin as she moved. Her heart beat quickly as she took note of her visitor. “You.”
“Hey, you get away from her!” Kongou shouted only to find one of the sleepy bunny’s pistols pointed at her face.
“Laffey is not here to hurt the pretty battleship again, but Laffey will do it if you force her to. Laffey is sorry.”
“You, are what?” Hiei whispered.
“Laffey finds many Sakura battleships to be pretty like Yamashiro and Fusou. You are pretty too, and Laffey did a bad thing to protect her commander. But Laffey is not sorry to have protected him, just to have hurt you permanently, yes yes.”
Hiei raised her hand to calm Kongou, who was clearly debating just how far to push her luck. Pennsylvania was observing the goings on from the doorway. “I think it’s fine, sister. What do you want with me, little one?”
“Where is Ayaya. Tell Laffey where her friend is so that Laffey doesn’t have to hurt anyone else,” the destroyer insisted in her still tired voice. Hiei looked around at her fellow prisoners with a confused look on her face. Soryuu spoke up.
“Give up, fellow usagi. Ayanami has gone where you cannot follow. She sleeps forever, dreaming in the Hall of Sculptures, ensnared by the Creator. Maybe one day she will prove her strength and return. Maybe not,” the carrier summarized. Laffey turned her way, her face still sleepy and relatively unresponsive.
“Ayaya is in trouble?” she asked, barely understanding what Soryuu had told her.
“She is beyond trouble. She is beyond this world, at least so far as I can understand,” the carrier clarified. Laffey hung her head and wiped her nose. To the shock of many, she began to cry softly.
“Laffey will save Ayaya, Laffey will do it,” she promised herself before standing to leave, the differential between her sweet, somnolent exterior and internal fury making everyone nearby nervous. “And Laffey will hurt whoever did it much more than the pretty battleship.”
-----
“Commander, what brings you to my neck of the woods?” Hornet wondered, greeting Commander Thorson with a tip of her hat as he disembarked, courtesy of Arizona.
“We’ve been picking up multiple contacts on sonar, and based on navigational data we’ll be at the Sanctuary within twenty four hours. I wanted to stop by and make sure you and your crew are ready,” he explained.
“So they know we’re coming but haven’t engaged us? Well, my scouts haven’t seen anything on the surface so I guess those subs are playing down below,” she deduced, leading him through the bowels of her ship up towards the command tower as Arizona followed politely behind them.
“For now I suppose so. But yes, our movements are undoubtedly not a secret at this point. Not that we’ve tried to hide, either. We still need to take the heat off of the Union.”
“No arguments here, Commander. We were outclassed at Midway and, between you and me; I don’t much fancy the idea of taking a torpedo to the face a second time.”
Thorson nodded approvingly at Hornet’s ability to brush off death. “I think we can all agree on that count, Hornet. Your crew?”
“They’re ready and raring to go, sir. They want revenge for Yorktown, same as Enty. Has she spoken to you much lately?”
“No, she’s been rather quiet,” Thorson confided as they reached the bridge and looked out over Hornet’s operations. A couple of Hellcats were returning from their latest sortie. Hornet’s brow furrowed with worry.
“Do you think you could stop by and have a chat with her then? I make sure to radio every so often but she’s never been one for long conversations. That said, I still know something’s different, being her sister and all.”
“You both just lost your other sister, it’s understandable,” Thorson agreed, thankful that Hornet didn’t seem to be too broken up. He considered that having her crew with her likely helped, placing their needs ahead of descending into a grief spiral. “I’ll head over after this, speak with her in person.”
“I’d appreciate that Commander, thanks much,” Hornet said, looking out over the Pacific. “So any last words of wisdom or encouragement?”
“I think I already mentioned no heroics, so that just about covers it. That said,” he continued, running a hand through his hair. “It’s not like that stopped anyone at Midway.”
“Yeah, I heard the stories about Tennessee cleaving that carrier in half. Must have been one hell of a sight!” Hornet replied almost eagerly. “Think she’ll do it again?”
“Given what I’ve seen of the kansen who was operating it, Hiryuu, I doubt Tennessee will be given another chance to pull something like that. Think you can handle the enemy carriers without overextending?”
“Sure, Commander,” Hornet replied, summoning a tiny Dauntless in her hand. “I’ve been bouncing ideas off of Ark lately, sounds like she scored some kills by out-turning the enemy. A Hellcat isn’t exactly a P-40, but I bet you I can still push mine harder than those Sakura can push a Zero, you know?”
“I was on a submarine before this assignment,” Thorson related. “So I can’t say I do know, honestly, but I trust Ark Royal and I trust you. Have there been any incidents or concerns you want to bring to my attention?”
“I assume you heard about Yuudachi and Shiratsuyu?” Hornet asked.
“I heard Penny had to drag her kicking and screaming off of this boat,” Thorson replied, raising his brows. Hornet chuckled.
“I disciplined the whelp hard, don’t worry sir. The rest of the lads like her a lot, lots of celebrating when the little pup shows up to cook! What happened to Yuudachi? I hope Penny wasn’t too harsh on her.”
Thorson shook his head. “Given Penny’s opinion on Union sailors I’ll bet she congratulated Yuudachi more than anything. But I’m glad that’s the most of our worries. When this is done there will be time for you and your crew to get accustomed to this life, hopefully on less stressful terms.”
“This is what we were trained for, sir. We’re ready,” Hornet insisted. Thorson saluted her, knowing he could only hope for the best now that he was committed.
“I thought I was trained for this too. You have an excellent group of escorts, Hornet. I look forward to seeing you all in combat.”
The carrier nodded and looked past him to Arizona. She winked at her. “It’s quite the honor being assigned some of your favorite battleships, sir. Got room for one more in that club of yours?”
After a few moments of silence Hornet dissolved into laughter. “Oh you should see your faces. Alright alright, I guess my former Captain and I had a different kind of relationship when it comes to jokes like that. Sorry Ari, not trying to horn in on your man, yeah?”
“Oh goodness,” she groaned at the pun. “Commander, perhaps we should go speak with Enterprise? There is no telling when the enemy might engage.”
“Agreed. Hornet, thanks for your time,” Thorson said. Hornet saluted them as they made their departure.
“Anytime you two. Ready and willing to bring it home!”
Thorson looked back at her, unable to miss the Medal of Honor gleaming on her chest. “I’ve no doubt, Hornet. We’re ready to see what Union airpower can really do.
-----
“I miss Yorktown,” Hammann whispered, giving in to temptation as she rested her head in Enterprise’s lap and allowed the carrier to pet and scratch lightly at her ears. It had been impossible for Enterprise to miss the way that the Sakura felines treated the petite destroyer. Upon confirming her cat-like accessories were in fact part of her anatomy, it had been all too tempting to slip into a mutual dependency based on the therapeutic nature of pets.
“I didn’t get a chance to know her very well, but it sounds like the Union lost itself a fine sailor and a kind sister,” Thorson said as politely as he could, rapping on the side of Enterprise’s command tower to announce his presence. He and Arizona had located the two Union kansen taking shelter in the shade there. Hammann promptly leapt to her feet with balled fists and her tail on end, accusing Thorson of being a stalker and a pervert. Enterprise exhaled audibly and stood next to the irked kitten, rubbing her head and tweaking her ears.
“Apologize to the commander before you get us both in trouble, Hammann.”
Arizona could not help but place a hand over her lips and smile at Hammann’s fearsome pout. “She has a hotter temper than Yukikaze, but is no less cute!”
“Why did you get to come back, you and Hornet but not Sims or Yorktown?” the destroyer demanded. Thorson gave Enterprise an understanding look.
“I wish that I knew,” he replied solemnly. “All I do know is that they’re at peace. It’s very obvious when dead Kansen don’t want to stay dead.”
“But why would she want to leave me?!”
“I don’t know why she doesn’t want to come back. Maybe she didn’t even consider it to be possible. But I’m sure that leaving you behind isn’t something either of them would have wanted,” he tried to comfort her.
“If Yorktown told Grim to leave, then I’m sure she knew it was her time. Hornet, of course, would never accept something like that as the youngest. It’s… fitting,” Enterprise summarized sadly. “Why did you come here, Commander?”
“I just paid your sister a visit and wanted to check in with you as well,” he explained. “We will likely make contact within the day. You aren’t the most senior carrier in the fleet but I think Ark would not hesitate to nominate you the most powerful. I know the wounds are raw, but I want you to use your aircraft defensively when the engagement begins, at least initially.”
“You wish to test their defenses and possibly draw out a mistake?” Enterprise deduced. Thorson nodded. “While I never engaged them directly before Midway, I think it’s pretty clear I’m known to them and that they see me as a priority target. I will be happy to draw them into a trap if possible. What will you do with them?”
“Kill them, right?!” Hammann suggested immediately, horrified that that solution wasn’t immediately on everyone’s lips.
“If this war were just about the Union and the Sakura, I would execute them, yes,” he confirmed. “But they are unfathomably strong, too. Neither of you saw what we saw. They can command fire itself. Now I’m not saying any of us need to do that to beat them, but the sirens need to be dealt with. What better… ally than someone who knows something about them?” Thorson reasoned.
“I don’t like this commander at all.”
“Hammann!” Enterprise finally raised her voice, a bit of the emotion contained within slipping through. “Commander, is that really necessary?”
“I wish it wasn’t, Enterprise. But again you weren’t there at Pearl Harbor, nor were you at the facility when we were attacked by the Sirens. Though I get the sneaking suspicion that incident was merely a test, given the extent of their technology. My orders are to find a way to deal with them, and if that includes binding those damn carriers to our cause then so be it. If they refuse you can kill them yourself, Enterprise. Not sure I could bring myself to execute a woman.”
“Is that what it would be, sir?” Enterprise demanded quietly. “A gun to the head?”
“Hiei survived Laffey’s so called annihilation mode. That is the most powerful single weapon at my disposal. The only way they will be weak enough to kill is if they are removed from their ships and perhaps even divested of their rigging. By that point, yes, there will be no indirect methods. I don’t think they would allow themselves to be drowned like… that one ship,” Thorson theorized darkly. Enterprise and Hammann looked at him with new expressions.
“For a pervert, you tell very sad stories, Commander,” the neko said. Thorson held out his hand as Enterprise looked ready to toss Hammann in the drink for insubordination.
“There have already been many sad stories in this war, Hammann. And while the label isn’t exactly wrong, I’d prefer you keep that opinion to yourself. I am still your commander, after all. Enterprise, do you need anything from me or the fleet?”
“No sir, I’m ready for battle. You are… quite up front about your proclivities, though.”
Thorson shrugged. “I was embarrassed about it for a while too. A few self-interested but rather wise kansen talked me out of it. I’m up front about it because the alternative would be even worse. For the record, many of the most decorated kansen at Midway have no relationship with me beyond commander and subordinate.”
Enterprise’s confused and slightly disappointed expression didn’t fade, but she did nod briefly at him. “I understand your meaning, Commander. Thank you for coming to check in with us today.”
“You’re welcome, Enterprise. Formal combat orders will be given once we have a visual on the Sanctuary. Until then do your best to relax and get some rest,” he suggested.
“Yes sir, we will.”
-----
“They are coming, Akagi,” Kaga whispered, placing a cup of matcha on the table in front of her adoptive younger sister as fierce rains drenched the night-shrouded sanctuary. “Even with the rains there is no mistaking their approach. Our submarine fleets have confirmed it.”
“And you ordered them not to attack,” Akagi replied quietly, taking a sip. “No matter, if one of them sunk the Grey Ghost I would probably kill her myself.”
“You think this is about your personal vendetta anymore, Akagi?” Kaga snapped suddenly, even as she calmly drank her tea. “The fifth carrier division can only be considered to have defected by now. We lost several powerful kansen and dozens of escorts at Midway. And before you say something foolish about the strong surviving and the weak perishing, neither you nor I are strong enough to destroy the Union in its entirety. We are strengthened by our fleets. And our fleets dwindle with each engagement as his grows. The Knight of the Union comes for us, Akagi. And if you believe Enterprise will still be using human crews in this engagement you are an even greater fool than I thought.”
“You dare speak to me in that way, sister?” Akagi simpered dangerously, her tails glowing softly in the low lantern light. Kaga’s icy eyes did not waver.
“The Hornet sails with him,” she reported. “Our only victory at Midway was just cut in half, Akagi! Your lust for Enterprise’s head may have already doomed us all. We were forced to display the extent of our powers to them and did not even scratch his base of operations!”
The supreme commander of the Sakura fleets was silent across the kotatsu from her sister, violence practically radiating from her being. “When the Creator witnesses my strength; when I am granted the power to bring back Amagi, I will be sure to kill you before she returns so that she does not weep over the body of her weak, spineless protégé. Why are you laughing, Kaga? Does that amuse you so?”
Kaga shook her head sadly. “Your belief that any of us will be left alive for you to kill is what amuses me, little sister. Enjoy the rest of your tea. I will make my preparations tonight, alone. I may not have lived as Amagi-san wished for us, but if I am to die tomorrow then I will die with honor, and join her among the gods. May the Creator show you mercy, Akagi. The gods and ancestors of the Sakura Empire will not.”
Akagi’s face remained stoic as Kaga stood and walked quietly from the room. As soon as she could no longer hear the sounds of her wooden clogs on the tatami, the teacup in her hand shattered into a dozen pieces. The kitsune could barely feel the scalding water on her fingers. “When I am victorious, alone, I will not need their mercy.”
-----
Previous | First

Привет идиоты,
I have returned to inflict more psychic damage upon you about the sick fucks that make up the worldwide disease that is Big Capital. Today, I would like to talk to you about Kenneth Cordele Griffin, the founder and CEO of a little company called Citadel LLC.
Now unless you have been living under a fucking rock for the past week or have drank yourself to the point of amnesia for one reason or another (forgivable), you are probably by now at least vaguely aware of what Citadel does and how it relates to current events surrounding GameStop and WSB's new favorite hedge fund, Melvin Capital.
Seeing as how there's a few million more of you here now than there were last month when I was emptying the contents of the bowl of oatmeal that is my brain on these pages about present day financial crimes perpetrated by Citadel and their ilk and the ouroboros of Western intelligence agencies and Big Capital, let's do a quick recap. I do hope you take the time to read the full posts, because you may learn something interesting. ^{PSTH = Stripe 🚀🚀🚀}

1. The markets and the flow of capital around the world are rife with financial crime.
   
2. The vast majority of this crime is perpetrated by large institutions like Goldman Sachs, JPMorgan Chase, and Deutsche Bank. Some of this crime takes the form of laundering money for drug cartels, terrorists, pedophiles, and sex traffickers. Some of it involves manipulation of the markets.
   
3. The regulators in charge of dealing with these fucks are utterly spineless, to the point that any honest person must wonder out loud if they're in on it and getting a take. This phenomenon is known as regulatory capture and is a particularly insidious form of political corruption.
   
4. The CIA, since its inception in 1947, has acted as a sort of parallel government within the broader United States government, and has been the primary ideological engine of its foreign policy through its ties to Big Capital. That foreign policy has always kept the interests of business as its top priority. One might even call this the Deep State.
   

Who is Ken Griffin?

Ken Griffin is the absolute epitome of the archetypal scumfuck egomaniac asshole that embodies everything that is wrong with the ultra-rich class of Big Capital. Ahem, sorry. Let's try that again.
Ken Griffin started his career out as a 🌈🐻 at the age of 19 while an undergraduate at Harvard, shorting the convertible bonds market and making a bunch of money off of the October 19th, 1987 crash, more commonly known as Black Monday. He graduated in 1989, supposedly returned 70% in his first year as a professional fund manager, and went on to found Citadel in 1990. Citadel has swelled to gargantuan size in the last 30 years. It apparently almost went under in 2008 during the financial crisis, but they were fine after the empty suit known as Barack Obama reneged on his campaign promises and fully sealed the transfer of the United States to Wall Street and the rest of the 1%. The hedge fund managed $35 billion as of October 2020 (probably less now LOLOLOL) and a little more than a quarter of all equity volume flows through Citadel Securities in their capacity as a market maker.
He lives in Chicago, but that's not very important. I will note that Chicago has been a historically CIA rat-infested city, as evidenced by the group of University of Chicago-trained economists that helped carry out the regime change ops and aggressive neoliberalization of South America in the 20th century. He's not a complete political partisan, but he does tend to favor Republicans. He has donated to Democratic Party luminaries like Rod Blagojevich and Rahm Emanuel, libertarian psychopaths like the Koch Brothers, and neocon war hawk freaks like Karl "Turd Blossom" Rove. His most recent political contributions were to Kelly Loeffler and David Perdue, the two imbecilic former Senators from Georgia who were both busted for dumping stocks on insider information shortly before the Great Beer Virus Crash of 2020. The thread tying these fine folks together is that what most people in the United States think of as politics is more akin to a game show than a real system of governance, and the ultra-rich value their class allegiance much higher than their allegiance to any one political party. As a slight aside, Loeffler's husband is the chairman of the New York Stock Exchange. How in the fuck is the spouse of a (formerly) sitting Senator allowed to hold that position? Yuck.

The Ken Griffin Real Estate Portfolio

(Disclaimer: Griffin may not still own every property in this section and I don't care to find out which, if any, he has divested himself from, because frankly, the levels of opulence make me feel fucking sick. Also, if this is considered d0xxing or something because some of these may be personal residences, I will remove them upon request. This is all publicly available information, though.)

• 132 East Delaware Place in Chicago, Illinois -- luxury high rise with residential units, office space, and retail stores
• 800 North Michigan Avenue in Chicago, Illinois -- penthouse unit
• 820 Fifth Avenue, New York City, New York -- overlooking Central Park in Manhattan
• Big Ass Mansion in Aspen, Colorado
• Two properties at the Hualalai Resort in Kailua-Kona, Hawaii
• Multiple mansions at 10, 20, 30, 40, 50, 60, and 70 Blossom Way in Palm Beach, Florida. Further links here and here.
• 12,500 square feet of penthouses at Faena House in Miami, Florida
• 1290 South Ocean Boulevard in Palm Beach, Florida
• 3 Carlton Gardens in London, England -- former home of Charles de Gaulle, former President of France
• Numerous units at 220 Central Park South in New York City, New York -- a four-floor penthouse and two adjacent apartments on the 20th floor
• 650 Meadow Lane in Southampton, New York -- purchased from Calvin Klein
• Vacant double lot costing $37 million Star Island, Miami Beach, Florida

The Ken Griffin Art Portfolio

Many of the pieces listed here are not held personally by Griffin, but are loaned out to institutions like the Museum of Modern Art in New York and the Art Institute of Chicago. For the extreme smoothbrains among you, the reason Griffin blows giant bags on horrible pieces of art and puts them on public display is so that he can use them as tax writeoffs.
Herein lies the part where you may call me a conspiracy theorist if you please, but I think Griffin's art portfolio is indicative of some type of covert relationship with the intelligence agencies. I sincerely do not believe that any person can reach these strata of society without at least brushing elbows with some glowies. The most expensive pieces in his collection come from the school of art known as abstract expressionism, which was quite literally a CIA-sponsored project meant to counter the influence of Soviet realism during the Cold War. The idea was that the Soviets would see the wacky vomitus that people like Jackson Pollock would spew all over a canvas as an expression of the ideals of freedom and individuality and break free of the bonds of Communism.

• False Start by Jasper Johns. Housed at the MoMA, purchased by Griffin for $80 million.
• Curtain, Jug and Fruit Bowl by Paul Cézanne. Housed at the Whitney Museum of American Art in New York. Purchased by the previous buyer at auction for $60.5 million -- Griffin's purchase price is not known.
• Self Portrait by Paul Cézanne. I think this is the correct one. He did a whole bunch of these over the course of his life. Price unknown.
• Water Lilies by Claude Monet. He did like 250 of these, this is the one that comes up when searching it with the year of the one Griffin is known to own, 1905. Price unknown.
• The Green Dancer by Edgar Degas. On display at the Thyssen-Bornemisza Museum in Madrid, Spain
• Little Dancer Aged Fourteen by Edgar Degas. An extraordinarily ugly wax sculpture on display at the National Gallery of Art in Washington, D.C.
• Interchange by Willem de Kooning. Abstract expressionist trash purchased for $300 million from noted Jeffrey Epstein associate and suspected pedophile David Geffen. Recall that Epstein is highly suspected of being some type of intelligence asset tasked with blackmailing rich scumbags by anyone who has studied his story closely.
• Number 17A by Jackson Pollock. More abstract expression trash, also purchased from David Geffen for $200 million.

How does Citadel spend its money?

Good question! They buy politicians. Remember regulatory capture? Here's Citadel doing just that: current Secretary of the Treasury, former Chair of the Federal Reserve, and sentient potato woman Janet Yellen took more than $800,000 in speaking fees from Citadel. In fact, Yellen "earned" over $7 million in speaking fees from various other financial institutions including Goldman Sachs and Citigroup between her stints at the Fed and at Treasury. What do we think? Is she just such an enrapturing speaker that she's worth every penny? Or is she getting a kickback for helping to deregulate financial markets and a bribe to look the other way when short sellers and market makers collude to shut retail traders out of the market en masse, like they did yesterday with GME?
They also buy stakes in distressed hedge funds, apparently. Remember the $2.75 billion bailout that Citadel and Point72 gave to Melvin Capital on Monday, which they promptly pissed away doubling down on their GME short? Isn't it weird that Robinhood shut down trading on the very stocks that the hedge funds were bleeding out from and then forced people to liquidate their long positions at the very bottom of a coordinated short seller attack? Doesn't it seem a little strange that the hedge fund branch of Citadel is allowed to own part of another hedge fund that's being bled dry, as Citadel Securities buys order flow from Robinhood to illegally front-run retail orders?
There's also this, on the topic of Melvin Capital and pedophiles and sex traffickers: Melvin Capital's 5th largest long holding is a company called L Brands, which is the parent of Victoria's Secret and Bath & Body Works. Victoria's Secret, as seasoned Jeffrey Epstein gumshoes will know, was founded by one Leslie Wexner, who had a very troubling relationship with Epstein. Epstein was Wexner's personal money manager and Wexner was Epstein's only known client. Wexner and Epstein were so close that Wexner gave Epstein a mansion on the Upper East Side in Manhattan in 2011, years after it was already known that he was a pedophile creep. Epstein would tell the girls he was sexually assaulting that he was a modeling scout for Victoria's Secret. Jean-Luc Brunel, another Epstein-associated "modeling scout" and sex criminal who was recently arrested in France, would supply models to Victoria's Secret through his agency MC2 Model Management. Basically, what I'm saying is that Melvin Capital, and now Citadel by extension, are long sex trafficking pedophiles.

How can I poke this asshole in the eye?

It seems like there's two big things you can do to do your part.
The first is to 💎👐 GME. The institutions are clearly scared shitless at how much blowback is coming their way or they wouldn't be taking such drastic measures to try to tip the scales in the favor of the shorts at the expense of everyone else. Turn off share lending in your brokerage if you can and still haven't.
The second is to transfer your assets out of Robinhood yesterday and graduate to a big boy brokerage. Citadel Securities (remember, this is the market maker, not the hedge fund) banked a record $6.7 billion in profit last year. You can bet that this has at least a little to do with the influx of Robinhooders pressing the market order button on their phones and letting Citadel front run their orders while Robinhood gives them a garbage fill.

TLDR: Ken Griffin final boss. Citadel bad. Robinhood bad. GME go up. Stop FOMOing into other dumb shit and stick to the plan.

The Dude: It's like what Lenin said…you look for the person who will benefit, and, uh, uh...
Donny: I am the walrus.
The Dude: You know what I'm trying to say...
Donny: I am the walrus.
Walter Sobchak: Shut the fuck up, Donny! V.I. Lenin! Vladimir Illanich Uleninov!
Donny:What the fuck is he talking about, Dude?
Hello again, GME Gang. What a fun day we had yesterday! Could it continue today? Only Melvin Capital (and maybe Ryan Cohen) knows!
And an extra special hello today to our newest WSB lookie-loo, Mr. Cramer (Can I call you Jim? I’m gonna call you Jim).
Now Jim, from what I’ve been able to gather, you and your Boomer stocks and your Hot Manic Takes don’t always get a lot of love around here. But that’s not all your fault, Jim. The Paste-Eating Rocket Kids are often good for a solid meme (FYI: it’s pronounced “Mee-Mee.” Feel free to use that on air without verifying). But the Rocket Kids can be a dense bunch and they’re also often one click away from Total Financial Ruin (Quick shout out to SPCE: Pleas fly again). So you have to dig a bit in here to separate the wheat from the chaff, as someone like you actually says in real life. What the fuck even is chaff, Jim? And why do all Boomers seem to think that folksy farm-based idioms are the perfect way to conclude a thought?
Anyway. Those of us who watched your teevee clips last week where you reference your interest in WSB know that you, Jim Cramer, might be one of the Olds, but that you also Think Young(TM). https://www.thestreet.com/jim-cramestock-market-advice-moderna-boeing-fed-ftc-dec-15. So we’re going to do our best to help your young-thinkin’ brain find the Needle In the Haystack here so you can get All Your Ducks In a Row on GME. Because we know that you’re a long way from being Put Out to Pasture, and though you may be an out-of-touch millionaire prone to facile yammering, we now like you here, Jim—simply because you mentioned us and that made us blush a bit since we’re needy Millennials who just want our Boomer mommies and daddies to Tell Us They’re Proud of Us. So even though the Paste-Eating Rocket Kids here are often Buying A Pig in a Poke (Christ, please do not ever say that or the kids’ Mee-Mees are gonna fuck you up), we appreciate you recognizing that, every now and then, there’s something worth paying attention to over in this weird little pocket of the Interwebs. And since you’re actually telling your loyal single-finger-typin’ viewers to check out this WSB shitshow, and “if they’re running GME, then do some work on GME,” we assume you might actually be checking this shit out too, since all true Young Thinkers know that What’s Good for the Goose is Good for the Gander.
Now, is the GME play as solid as your recent recommendation to buy Bed Bath and Beyond? Who knows? That seems pretty stupid, and I would look it up myself this weekend but my nice little Saturday is already pretty full so I don’t know—I don’t know if I’ll have enough time. But I’ll tell you one thing: the GME play is a lot more fucking fun. Life in a pandemic is boring, but here in this weird WSB place, these kids like fun. And for all your Boomer weirdness, you seem like you still like to have a little fun in this Mad, Mad world of ours. So consider joining us here more often. A word of warning, though: if you don’t like all the dern cuss words we use around here, Jim, well that’s just, like, your opinion man, and we’ll have you know that the Supreme Court has roundly rejected Prior Restraint.
First thing’s first: we have a bit of a bone to pick with you (now there I go). The stuff you said last week about GME as the next Blockbuster was D-U-M dumb, Jim. You were a bit out of your fucking element with that. You even made our largest shareholder and conqueror-in-waiting, Mr. Ryan Cohen, send an emoji-only tweet in response, which if you know the super nice-guy Ryan Cohen like all of us do (we actually know nothing), that is pretty much the equivalent of him bringing his dog over to micturate on your and George Sherman’s rug.
Now, I myself have never been into the whole brevity thing, but I wanted to take this opportunity to get you up to speed on the GME movie you’ve wandered into. And I know you’re down with this because you told all your viewers that if WSB is talking about GME, then “make sure you know GME.” So before you say something Absolutely Mad again and Cohen sends a tweet with an even less ambiguous emoji, it’s high time that you start Making the Sure here, Jim. Just consider this to be CPT Hubbard delivering you some Orange Sunshine and turning you on to some of that Sweet, Delicious Non-Chaff Wheat you love so goddamn much.
Part 1: GME’s Bonkers-Ass Short Interest
Now, I’m going to lead with the most crowd-pleasing part of the story here (Get ready, Rocket Kids!), and it’s the one that you did not even seem remotely familiar with in your “Stay out of GameStop, Deadbeat!” rant last week. Maybe that was by design or maybe not. We’ll return to that, Jim. But the point here is: the short interest here is batshit insane. And not just your garden variety Boomer in Rolled Up Sleeves Ranting About Buying Estee Lauder While Hitting Buttons On The Beep-Bop-Boop Machine kind of insanity. Really and truly fucking nuts.
So to TL/DR this shit for you, Jim (to use the parlance of our times): GME is the most shorted stock trading today—by far. https://financhill.com/most-heavily-shorted-stocks-today How shorted? Well, the value of shares short exceeds the market cap of the company; there are currently more shares short than the total number of shares outstanding. And when factoring in the institutional and insider ownership, the total short percentage of float is nearly 300%. https://www.gurufocus.com/term/FloatPercentageOfTSO/GME/Float-Percentage-Of-Total-Shares-Outstanding/GameStop-Corp Even higher, actually, now that Cohen’s interest is over 10%. Now, I’m not a numbers whiz like you, but that level of short interest and the small available float seems pretty fucked up to me. Like: “how is that even legal?” fucked up. And just for a frame of reference, the third most shorted security right now is your beloved Bed Bath and Beyond, with a short percentage of float at a nice and tidy 69%.
Are you starting to gather why some of us in this weird little pocket of the Interwebs are a little excited about GME? You see, as u/Jeffamazon and RodAlzmann u/Uberkikz11 and others have explained in these here corners and on the twitter machine with their top-notch DD, and as I will translate to you in lingo you can dig, the short sellers got way over their skiis on this one expecting a bankruptcy in Spring of 2020 that never came. And yet, amazingly, the short interest has only increased since then—there has effectively been no covering in the aggregate and, in fact, the short percentage has only gone up. And now, on the threshold of 2021, we all sit atop a massive powder keg wondering what is going to be the thing that finally lights this shit up. And at the end of this little missive, I’m going to tell you what I think that thing might be (Spoiler: It’s Ryan Cohen! Better start getting used to seeing his name, Jim, because this dude does not fuck around and he’s not going anywhere).
https://www.reddit.com/wallstreetbets/comments/k4csaa/the_real_greatest_short_burn_of_the_century_part/
https://twitter.com/RodAlzmann
https://thecollective.finance/2020/10/gamestop-gme-a-squeeze-to-44-from-14-can-be-justified-fundamentally-100-of-the-shares-are-short-watch-out/
Part 2: GameStop Isn’t Going Bankrupt and People Actually Want to Buy Shit There
So, you foul mouthed little prick, a bonkers-ass short interest is neat and all, but why is Jim Cramer wrong when Jim Cramer compares GME to Blockbuster you might be asking yourself in the third person. First, the most obvious answer, Jim, which you should fucking know already: Blockbuster was nearly $1 Billion in debt and missing debt payments left and right when it was delisted way back in 2010. That was also when there was a bit of a credit crunch, if you recall, right after that whole Housing Crash Unpleasantness that you saw coming from a mile away and from which you made hundreds of millions of dollars due to your contrarian foresight—I’m sorry, I’m clearly confusing you with Christian Bale starring as Dr. Michael Burry, weirdo head of Scion Asset Management, which also holds about 1.4M shares of GME (You really gotta start looking into this stuff, Jim. This story is made for TV, man—and you Boomers were raised by TV and you turned out TV!). Also, in 2010 when Netflix is ripping and when Blockbuster was about to be delisted and bankrupt, an analyst noted the obvious fact that Blockbuster had “nothing on the horizon that makes it look like Blockbuster is going to be more profitable.”
https://www.reuters.com/article/us-blockbusteblockbuster-wins-debt-reprieve-forced-to-delist-idUSTRE66052720100702
But Jim, if your Blockbuster comparison has any plausibility, GameStop must have a major debt problem then, right? And yet just last month GameStop repaid $125M in debt several months ahead of time. It’s also really weird that over the past year management bought back a ton of shares, taking the OS from 102M down to just under 70M (making a short squeeze even more likely, my Rocket Children). The weirdness continues with a soon-to-be-bankrupt company holding almost $500M in cash on hand. And according to George Sherman’s “Thine Omnichannel Shalt Be The Omni-est Channel of Them All” Conference Call following Q3, by March 2021 GME will have retired a total of $500M in debt and returned $200M to shareholders through stock buy backs. I’m no expert here, and I do not presently own a Beep-Bop-Boop Machine, but that’s all pretty weird shit to be doing if you’re about to go bankrupt.
No, no – I get it: who the fuck actually looks at balance sheets anyway before spouting off about what a stock is going to do? I sure as hell don’t. That’s why I follow my man u/Uberkikz11, since that dude is a GME DD Encyclopedia and was born to crunch numbers. No, when Really Smart People make the Blockbuster comparison, it’s usually just Mouth Sounds for: A B&M Store That Used to Be Popular But Now Is Not Because Technology, QED. But here even the Really Smart People might be missing something as well. They’re right in the sense that GME must use this new console cycle window and cash influx to quickly pivot to a tech-first gaming company (more on that and our boy RC shortly!), but they’re wrong on the timing and relevance of this Super Smart Insight.
So fine, they’re doing ok on debt and cash. But who even goes to that 90s-Ass-Looking Cluttered Mall Geekery anymore anyways? I confess: in my darkest moments, as the short sellers manipulate the fuck out of this stock and I curse the names Bell and Sherman, I too have wondered this. But it turns out that, just like I have no idea why anyone listens to Maroon 5 or eats at Applebee’s, apparently a lot of people in America do shit that I do not. Crazy huh? So here is some pretty neat data showing us how out of touch we might be here, Jim:
First, when a pretty large sample size of people were recently asked the question: which of the following stores or websites do you plan to buy holiday gifts from? The #5 response from United States Americans was none other than GameStop (Ticker, Jim: GME). Only Walmart, Amazon, Target, and Dollar Store (poor people buy gifts too, Jim) were ahead of little old GameStop. That’s higher than Nike, Macy’s, the Apple Store—and double the response of Bed Bath and Fucking Beyond in every category they surveyed. Check it: (h/t to my man u/snowk88)
https://stocktwits.com/snowk88/message/260983915
That’s kinda crazy huh? See Jim, when you Think Young(TM), you really can learn something new every day. And by following our man u/snowk88 (@snowk88 over at stocktwits), I learn lots of cool shit. But guess who already knew that? The guy that wrote this bad-ass letter that identifies GME’s brand and customer data as being one of the most valuable things GME has going for it. https://s.wsj.net/public/resources/documents/RC_Ventures_Letter_to_GameStop.pdf
So now we know that Real Life People actually buy shit at GameStop here in the year of our lord 2020. But like that analyst from 2010 said about Blockbuster, there must not be anything on the horizon for GameStop to be more profitable in 2021, right?
Now, I will admit that being a bit bearish on GME in December of 2020 would make more sense if, say, GameStop were the nation’s largest purveyor of limp and half-lit pumpkin spice-scented candles and we were exiting the apogee of Shitty Candle Season. But as it turns out, GameStop is currently selling basically the most sought-after items that exist in the marketplace right now—where demand for the Xbox and Ps5 is far outpacing supply and is projected to continue well into 2021. https://www.gamesindustry.biz/articles/2020-11-17-microsoft-expects-xbox-series-x-s-shortages-until-q2-2021 I don’t really need to get into the details on that here, because it’s pretty goddamn obvious, but I think 2020 GameStop at the precipice of a new console cycle might be in a bit of a better position than, say, 2010 Blockbuster relying on the latest Adam Sandler release to lift its sagging rental numbers. But I don’t know. Millions of people don’t watch my show looking for Candid Analysis from me and my folksy man-of-the-people-lookin’ rolled-up sleeves.
Part 3: Ryan Cohen is the Sword of Damocles Hanging Over the Short Sellers’ Dumbass Heads
And now we’ve gotten to the best part. It’s my favorite part of all of this, Jim, and if you give this a little time, I think it will be yours too. You see, all that corporate bla bla bla about balance sheets and console cycles and early debt repayment and overleveraged short sellers and brand recognition is neat and all—and definitely worth a second look by itself. Maybe even a little Beep-Bop-Boop on the ol’ sound machine—I don’t know your methods. But the real thing that’s about to rip all our faces off here is the business and investment decisions of a mild-mannered wunderkind named Ryan Cohen.
Now you can revisit my prior epistle if you want to know a bit more about the involvement of Mr. Ryan Cohen in Le Affair GameStop. https://www.reddit.com/wallstreetbets/comments/kakxrm/gme_tribe_a_story_about_how_ryan_cohen_is_about/. My fly-by-night theory of his lawyer’s possible use of the consent solicitation could have probably marinated for another day, but the thrust of my argument there was that Cohen and his attorney have been laying the groundwork to come after GameStop for a while now. And that Cohen was likely emboldened by the humiliating, lame-ass CC performance by some dude with a mid-century comic-strip sounding name that we’ll all soon know only as: The Guy With the Punchable Face Who Used to Be CEO of GameStop.
But here is where things get really interesting. This is a story in the making, Jim, for fucks sake - take notes! This Monday, on December 21, Mr. Ryan Cohen filed a revised 13D showing that last week he started buying a shit-ton of shares—starting on Tuesday December 15th—which is the day after the stock price inexplicably plunged on Monday the 14th and the very same day you were yammering on the teevee about GME being Blockbuster! Instead of listening to you, however, Cohen started buying more GME shares (super-sleuth dark pool watchers u/rgrAi and u/snowk88 noticed in real-time that there was some very large accumulation taking place), which culminated in the big reveal that Cohen purchased a total of 2,501,000 additional shares last week—500,000 of which were purchased on Friday December 18, 2020 at the price of $16.02 a share. Ryan Cohen is still the single largest shareholder of GME with 9,001,000 shares in total, taking his ownership of GME above the 10% threshold from 9.98% to 12.9%. And so he apparently thinks that the floor for his investment is $16.02 per share. Is he still buying? We’ll know soon. But yesterday seemed like a little taste of what it might look like if a large buyer steps in to prevent short sellers from manipulating all of my nervous little Rocket Children here and their delicate little paper hands.
There was another thing we learned from this 13D filing: Ryan Cohen has apparently hired a new attorney and law firm. Instead of the great Christopher Davis of Kline Kaplan, now Ryan Cohen is represented by Ryan P. Nebel, a partner with Olshan Frome Wolosky, LLP. Now, if you’re familiar with my prior ramblings, you might wonder if I was a bit confused, and maybe even a little sad, at this sudden change from my man C. Davis. And you might be a little right. But then the wonder of the internet allowed me to learn a bit about these new lawyers. And holy shit, things are about to get fun.
Now, I liked what I knew about Chris Davis and he seems like a genuine bad ass activist attorney. But the folks at Olshan Frome and Wolosky, LLP are Next Level Players and really seem tailor-made for this exact situation. First off, Olshan is ranked as the top global lawfirm for Activist Attorneys. https://www.olshanlaw.com/assets/htmldocuments/Bloomberg%20Activism%20League%20Tables%20H12020.pdf (H/t @flummoxed at stocktwits). They seem to be the go-to law firm for major proxy battles initiated by activist investors. But possibly even more important is that Olshan is the same firm that represented Hestia and Permit in their successful proxy battle earlier this year to appoint two new directors to the GME Board. I’m not going into the fine details of that, because this is already a bit of a long-form Idiot’s New Yorker article, but GameStop just went through a proxy fight last year with Activist Investors Hestia Capital and Permit Capital, which resulted in two Board seats for our shareholder buds from Hestia and Permit. So, it’s reasonable to assume that the attorneys at Olshan might know their way around GameStop at this point and where the pressure points are here.
http://www.globallegalchronicle.com/hestia-capital-and-permit-capitals-two-new-directors-to-the-gamestop-board/
https://www.olshanlaw.com/resources-mentions-HestiaCapital-PermitCapital-GameStop-BoardofDirectors-ShareholderActivism.html
And if you follow u/snowk88 over at stocktwits (@snowk88)— you’d also find a wealth of DD on how Olshan rolls when entering these activist-investor-replaces-dumbass-boards-and-CEOs type disputes. To bottom line it: they get it fucking done.
https://stocktwits.com/snowk88/message/266158534
https://stocktwits.com/snowk88/message/266155112
https://stocktwits.com/snowk88/message/266153175
But what else did we learn from the 13D? We learned that Ryan Cohen is definitely not going anywhere any time soon. Specifically, the filing notes that RC Ventures intends to continue to engage in discussions with GameStop’s board “regarding means to drive stockholder value, including through changes to the composition of the board and other corporate governance enhancements." And while RC Ventures “desires to come to an amicable resolution with [GameStop, it] will not hesitate to take any actions that it believes are necessary to protect the best interests of all stockholders.”
I really like that last part, don’t you? And although I thought his November 16th letter was pretty goddamn clear, this 13D just ratcheted up the transparency level here. In sum, Ryan Cohen has all of our backs and he’s going to replace this Board and Sherman with people that are on the level and that will help implement his vision.
And now seems like a good time to return to those “Ryan Cohen: Boy Genius” articles that were definitely NOT part of a well-coordinated pre-hostile takeover media campaign initiated earlier this year. I think there might be a few things in those articles that Mr. Cohen wanted all of us shareholders (as well as the short sellers and the Board he’s about to replace) to really and truly understand. Recall also that Cohen is not one for diversification or for playing it safe. So here’s a few choice nuggets for you to ponder:
***
Bloomberg, June 2020: https://www.bloomberg.com/news/articles/2020-06-05/chewy-founder-cashes-out-bets-on-apple-wells-fargo
· "It's too hard to find, at least for me, what I consider great ideas," he says. "When I find things I have a lot of conviction in, I go all-in."
· Cohen uses the word “conviction” a lot. He says it’s something he learned from his father, who ran a glassware importing business in Montreal where Cohen grew up. “He taught me how to block the noise from the masses,” says Cohen. “To have a point of view and have conviction and not waver.”
· He wouldn’t, however, recommend his [non-diversified] investment approach to everyone. “You need to have the temperament to block the noise,” he says. “Sometimes it feels like a roller coaster.”
· He likens his obsessive focus on building Chewy to his approach to stock picking. "I don't want to swing for a single," he says.
***
You hear that, Jim? Our man Cohen likes idioms too! But fuck those farm idioms, Jim – we’re upgrading to the Sportsball kind now. So what’s the takeaway here? I’d say that Cohen has his Eye On The Ball and that it’s time for all short sellers and the Board to Throw in The Towel because Ryan Goddamn Cohen likes to Take the Bull By The Horns and will ensure that he Hits a Homerun for shareholders that believe in his vision.
Here’s a few more things Mr. Cohen wants all of us to know:
***
Forbes, August 2020: https://www.forbes.com/sites/zackfriedman/2020/08/16/entrepreneur-chewy-founder-ryan-cohen-shares-his-best-advice/?sh=41e1370e5840
· “For me, each no sounded like they just didn’t understand my vision. It was frustrating at times, but never discouraging. Those ‘no’s never made me doubt my strategy – it was the opposite. I was motivated by all the rejections and they just got me fired up.”
· “I understood that thinking big was likely going to be misunderstood along the way. I’m contrarian by nature, so being misunderstood often validates what I’m doing. It wasn’t until Chewy boxes were on doorsteps across the country that the bulk of investors started to recognize our formula.”
· “[M]y biggest risk would have been not taking risk. The risk of going head-to-head against Amazon. The risk of insourcing fulfillment. The risk of building a company in Florida rather than a popular tech hub. The risk of spending $3 million a month on TV ads, more than Home Depot HD -0.1%'s budget. The risk of hiring expensive executives even though we weren’t profitable. These decisions were some of the most controversial and required me being comfortable betting against conventional wisdom, and were often contrary to the advice of my board. Suffice it to say, I was not the most popular board member.”
· “Dad never swayed when he believed in something. I never compromised my vision, regardless how many investors turned me down I was not going to give up on building Chewy into the world’s biggest online pet retailer. I love to be challenged, and I’m flexible on details, but I’m never willing to give up.”
***
Goddamn it, Ryan. I was done having children but now you’ve forced me into getting back on that train just so I can name this future child Ryan Fucking Cohen. Thanks a lot, asshole.
But to return to my point: are those the statements of a man that seems likely to walk away at this point? Or is Cohen trying to tell us all to get ready because he is going All In on this shit?
So where does this leave us? After a huge week where Cohen buys 2.5M more shares and then the SP skyrockets to $20 yesterday on that news? Well, this is where I want to tip my cap to my man Justin Dopierala over at Seeking Alpha and allow him to conclude this section. He, along with his pal Dmitriy Kozin have been pretty clear-eyed on all this shit for a while now and they both deserve some credit. And I know I gave my main man Justin a bit of a hard time in my last novella, but the dude is sharp as hell and helped a lot of us see the forest through the trees here. And you should also definitely invite him to join your poker nights (seriously: check out the dude’s tweet in response to our own Rod Alzmann’s introduction of the #WeWantCohen hashtag right after the Q3 call debacle). https://twitter.com/DOMOCAPITAL/status/1336446055685230592. You have no comment on a potential takeover involving Ryan Cohen, Justin after your hour-long googly-eyed call together? Can’t believe you’re just preemptively leaving the WSJ and Bloomberg hanging like that. Justin, I love you dude, but if I’m holding pocket Kings I’m folding after that tweet because that twinkle in your eye lets me know you’re about to drop two Aces on my ass.
Anyway. Here is what our man Dopierala thinks might happen here soon (and he called this way back on November 17th- and sorry - no links here, per the mods, as apparently no Alpha must ever be Sought from these parts):
I think a very likely outcome at this point is a majority slate next shareholder meeting where Cohen takes over BOD and then makes himself CEO. A majority slate proxy battle would require all institutions to call in shares and would force a squeeze.
We’re intrigued, Justin. Please continue:
If Ryan Cohen successfully negotiates a purchase price with the Board then the shareholders will have to vote on it. Unlike the proxy battle where Hestia and Permit were running a minority slate of directors, an offer to purchase GameStop would force institutions like Vanguard and Blackrock to call in their shares. By doing so, the shorts would be forced to close out their positions and GameStop would finally have the greatest short squeeze of all-time. Ironically, Cohen could use this opportunity to sell all of his shares and use the proceeds to entirely fund the acquisition of GameStop going down as the first person in history to acquire a billion dollar company... for absolutely nothing. In fact, his acquisition price would be less than zero.
And now is when I get to speculate on what I think is going to happen here. But I do not necessarily think Cohen is going to put an offer to buy GME to take private. That would definitely trigger a MOASS, but I’m not sure I see it given the attorneys he’s hired and his recent buys up to $16 and the amount of cash that would take. Like Dopierala’s first comment, though, I think Cohen is going to nominate directors to replace nearly the entire Board of Directors with a vote happening at the annual meeting and once that Board is in place, they’ll appoint Cohen as CEO. And as Justin notes, if he nominates a majority slate of directors, shares will have to be called in to vote. And this vote and proxy battle will make the prior minority slate Hesita/Permit battle, and the tiny short squeeze that took place when that happened, look tame by comparison.
Now everyone: get your calendars out. Because the date to nominate directors here is in Mid-March, and my super-smart corporate lawyer buds inform me that it’s standard practice to file about 7-10 days prior. So, if this actually happening, we should be seeing something on this by early March.
But even though early March is now the mark on the wall, today’s insane price action caused me to think about all of this a bit harder and speculate a bit more. And a major h/t to my buds on the stocktwits board, especially u/rgrAi (@amarbar) for all the sharp analysis on this. But if you were Ryan Cohen and you knew this company was hugely undervalued and you had a high level of CONVICTION here and also knew you needed shareholder votes to sweep out these dumbasses and implement your vision—then how would you play this with the short interest here as crazy as it is? I’d keep buying. Why? Well, lots of reasons, you smart alecks.
First, so I have more guaranteed votes (duh?). Second, so that when the building starts burning and short hedge funds run for the exits they find that a mild-mannered Millennial with super-good ideas has sealed off all the doors and windows. That’s gruesomely delicious, isn’t it? Why else, CPT? Well, finally, and maybe most importantly, because I would want to excite and delight all my fellow shareholders by triggering a slow-burn short squeeze, raising the SP significantly, so that I can once again make the point (as he did in the Nov 16 letter) that the incompetent management that caused a HUGE drop in SP following that utterly incompetent Q3 call and the shelf registration, had nothing to do with the SP increase that again happened once Cohen announced his intent and started buying. Not the console cycle, not the cost containment measures, not the buybacks and not the early debt reduction. Nope: rightly or wrongly, shareholders will see Ryan Cohen buying shares and the corresponding SP increase and everyone—especially all new buyers who are delighted at their good fortune and swept up by Ryan Cohen Fever 2021—will start getting #WeWantCohen tattoos on their ass they’ll be so happy. And all of us, newly enriched by Ryan Cohen’s Big Canadian Balls and tactical brilliance, will crawl over glass to vote for him over The Boomer Artist Formally Known As GameStop’s CEO. I could be very wrong on this last point in particular, but if we start seeing 13Ds drop here shortly, things should get very fun very quickly.
Part 4: A Return to Our Short-Squeeze-to-Da-Moon Discussion: Who’s Side Are You Fucking On, Jim?
Now, Jim, given the fast friendship we’re creating here, and all we’ve been through over the past 5000 words, I hesitate in bringing this up. But we’ve all seen the video, Jim. You know the one I’m talking about. Yes, the one where you actually tell the truth about how short selling hedge funds manipulate the market to knock down the price of perfectly good securities that many hard-working people invest in—many normal-ass people all assuming they wont ever have to Point Where On The Dolly The Invisible Hand of the Economy Touched Them. But that’s not life now is it Jim? And fuck those poor-ass rubes for not knowing how to play the game with you sophisticated Masters of the Universe, amirite?
https://www.reddit.com/dashpay/comments/93evx4/jim_cramer_reveals_dirty_tricks_short_sellers_use/
https://dealbook.nytimes.com/2007/03/20/cramer-market-manipulato
So where are you in this whole GME/Cohen story, Jim? You candidly (gleefully?) acknowledge that a prime strategy that shorts deploy is to spread negative rumors that are then amplified by Big Smart Trustworthy Financial Media Titans like yourself to shake out unsophisticated retail players like my Rocket Kids here—who because of their tiny paper hands and you mean short selling brutes often subsist on paste and paste alone.
So for this particular security, are you the one helping with the manipulation and actively creating the “new truth” or are you just one of the Useful Idiots that these short sellers use to manipulate with an anodyne, TV media-ready comparison like: GameStop Is The Next Blockbuster? And how in the fuck does this fit into your Think Young(TM) project, Jim? Because if there is one thing that we over at WSB fucking hate, it’s a bunch of Manipulative Short Selling Boomer Fuckwads. Why on earth would a hip Young Thinker like you want to be included in that crew, Jim?
And I know we’re all friends here now, Jim, but I need to push back a bit on some of what you said in that video in such a cavalier whatareyagonnado manner. So if I understand you, short and distort and fomenting negative reactions from retail players based on deliberately false narratives is illegal, but still easy as fuck to do "because the SEC doesn't understand it." But you fucking do understand it, Jim! So why are you helping those short and distorters break the law here? Why are you being such an obtuse dumbshit? Just check out what happens to the borrow rate and short selling every time there is any good news for GME:
https://stocktwits.com/Slantedangles/message/264519950 (h/t @slantedangles). This manipulation isn't just happening with GME; it is happening everywhere. It’s baked into the cake. And that is pretty fucked up that we all just accept it because whatareyagonnado.
I think that one thing that those of us who truly do Think Young(TM) have a hard time understanding is at what point in your lives do you Boomers all finally come to realize that it’s maybe time to stop playing the game like you have been? What point do you finally have enough where doing the right thing matters more than getting paid? Maybe start by telling the truth more often—and maybe don’t go out of your way to help those corrupt-ass hedge fund managers who continually fuck over average people merely because they were stupid enough to believe you all. What contempt you Masters of the Universe have for all of them—for all of us. There is a bigger story here on GME and this out-of-control short interest (naked shorting, counterfeit shares) http://counterfeitingstock.com/CS2.0/CounterfeitingStock.html than even Ryan Cohen and the inevitable short squeeze we’re about to witness here. And it begins and ends with people like you and Melvin Capital and Bank of America not giving a fuck about the rules while thinking you’re smarter than the rest of us who do—but who lack power to do anything about it. And you know what? Maybe you are smarter than us. You certainly know how to play this game pretty well, as that video shows. But if I know my old school 1980s movies like I think I do, this is usually the part of the story where the rag-tag kids from across the tracks come over to show you hubristic rich fuckheads what happens when you fuck a stranger in the ass.
Now I myself have never dabbled in pacifism, Jim, so this isn’t too much of a stretch for me, but seeing that video of yours and seeing the insane short interest and all the manipulation here makes me want to burn the whole corrupt system to the ground—while barricading the doors to trap in those arrogant-ass short sellers who lie and cheat and distort to profit off average people. And though I’m certain that this larger battle is not driving him, maybe that result is one that Ryan Cohen wouldn’t mind too. Though he’s a polite Canadian and would probably just let everyone know that he’s not really mad, just disappointed. But me? I’m an Angry American and I say: Block the fucking doors and windows and light that shit up.
So maybe this epistle will be useful for your Think Young(TM) project and cause you to reflect a bit more on what’s really going on out there with this whole GME thing and the likely illegal shorting that has driven the short percentage of float to these insane levels, drawing in new retail shorts too stupid to know what’s even happening. Or maybe it wont cause you to reflect in the slightest (count me as one of those cynical types that see your overtures to WSB as a transparent play for greater market share from the Young Crowd since your old-ass audience is dying and/or switching to bonds). But in a few months when all the Billy Ray Valentines and Louis Winthorpes assembled here are toasting each other in stupid shirts on a white-sand beach somewhere, we do not want you to look back on your knee-jerk boomer-ass dismissal of GME and your Useful Idiot blathering with that same tinge of regret and longing you feel when you look at a pre-Client 9 picture of you and your old roomie: warm-toes-and-hosiery-enthusiast E. Spitzer, Esq.
In conclusion: GME = Blockbuster comparisons are for Simps and Corrupt Short-and-Distorters. Don’t be like them, Jim. And to my Rocket Children: the only weapon we wield in this stupid game is Diamond Hands with a float like this. Toughen the fuck up.
And Happy Holidays everyone.
--CPT Hubbard
TL/DR: Jim Cramer likes farm-based idioms and apparently being a useful idiot to scummy short selling hedge funds. DD on the GME turnaround is solid and overleveraged short sellers should be shitting themselves. Ryan Cohen, our polite, hard-working Canadian benefactor is about to rip all our fucking faces off and trigger a MOASS. Probably even by early March, if that time is good for you (he’ll text before he comes). And fuck infinite regress: It’s rockets all the way down here. 🚀🚀🚀 Now: diamond hands, motherfuckers.
**This is a shitpost and is only to be used as investment and life advice for Mr. Jim Cramer, Esq.