That's all very good and well and I'd be fully on board with that for long term investing. The issue most retail investors have with that is that we NEED a squeeze to happen FIRST.
I'm going out on a limb here and assuming the majority of retail GME investors are not in comfortable financial shape, thus the reason for this investment to begin with. We're looking and praying for a home run. There is no other stock which is situated more favorably for that to happen.
I simply can't hold this investment for the long term, as it is now. I can't afford to. This isn't money put away, invested and forgotten about. It's money that I need to survive for the next several years. I could be wrong, but I feel like this is the likely scenario for a very large percentage of retail holders.
It's not that someone like me thinks your idea is wrong or insane. I think makes perfect sense long term. The problem is, I can't not afford long term until the squeeze that we all signed up for happens. Maybe that's a pipe dream, maybe not. But it's the only outcome that works for me.
My long term goals are to invest heavily in GME's long term transformation for years to come. But that will never happen without a home run in the very near future.
For what it's worth, squeeze out of the picture, your post makes great sense and is very reasonable for the future transition.
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Just to quell any speculation, UNDER NO CIRCUMSTANCES will I join Donald Trump on an electoral ticket. Our positions on certain fundamental issues, our approaches to governance, and our philosophies of leadership could not be further apart.
Change takes time + steady, concentrated effort on multiple fronts.
"Oppressed people cannot remain oppressed forever." -- MLK in "Where Do We Go from Here: Chaos or Community?"
Dilution is not neutral and shouldn't be viewed as such. It's either positive or negative, good or bad.
In the world of VC-backed companies, dilution is such a normalized part of the journey that it is often passively accepted. This often leads to the negative form of dilution such as capital raised for:
-inefficient sales and marketing spend
-R&D supporting technology searching for a market
-layers of unnecessary organizational overhead
-supporting broken business models
-vanity valuations
-etc...
However, dilution has a positive and accretive expression as well such as capital raised for:
-scaling efficient go-to-market efforts
-product and channel expansion with clear ROI
-deleveraging and strengthening the balance sheet
-accelerating market share gains for a sound business model
-transformative investments (e.g. M&A, R&D, capex)
-etc...
Therefore, dilution should neither be passively accepted nor should it be categorically prohibited. It shouldn't be viewed as always positive or always negative because it can be either. The purpose and quality of the use of capital is what ultimately defines the merit of any dilution.