Spyke

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The PP Show sub banned on Reddit

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It is a community that are invested in BBBY. We have followed the bankruptcy process and dockets to better understand our investments. There is a belief that Ryan Cohen who is listed as a creditor and interested party will buy BBBY and merge it into a new company to challenge Amazon. There was a subreddit called thePPshow but was banned by reddit. They also have a Youtube livestream where they discuss and just today had Bill Pulte join.

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Hello Apes. First time posting here on Lemmy. Has there been a serious discussion about forming an activist investor group?

I have been doing some research on this and contacting organizations. You can find my posts here:

https://lemmy.whynotdrs.org/post/24204

https://lemmy.whynotdrs.org/post/173450

https://lemmy.whynotdrs.org/post/225079

An AIG will be perfect in using our voice within the market. It will give us more credibility with the SEC and the Company. We will be able to push for changes on DRS and if need be getting a board seat to speak to what we would like. There are so many changes that can be made with shareholder resolutions:https://www.whydrs.org/shareholder-proposals-guide

Sadly there is not that much information out there in how to create one. We will be the first of hopefully many. With this organization we can push for DRS in not only gamestop but also the whole market. ShareAction whom I have contact with targets Asset managers and Pension funds to support their proposals on ESG. This puts pressure on the company and encourages change and will gradually put pressure on other companies to do the same. Wall Street really does not like Activist investors as they mess with their game they have rigged. Imagine if household investors who are getting introduced more and more to the market learn about the power of shares and the benefits of being invested in a company.

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How does an Activist Investor Group work?

I have been looking into this more and have identified a few groups: Climate Action 100, SOC investment Group, ShareAction, Follow This. I have reached out regarding some of these with questions and am waiting a response back. From what I can see we are creating something that has never been done before especially with us having our shares in DRS. From what I can see you become a member by holding a share in the company and contacting the AIG. You then become a member of the AIG in support of a common voice. There are some AIG that are located in London and Amsterdam so it may be possible for it to be international.

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Nice!!

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This is a good place to have the DD in a forum as twitter is not that great for it. A way to bring content over from twitter is to cross post over here. Nice thing is the DRSyourGME team also has a server here so we are truly becoming decentralized. Here is the DRSyourGME community Lemmy: https://lemmy.whynotdrs.org/

meta

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Relative size comparison of social media platforms (December 2023)

Do you have any links to who owns these organizations? We could also look into common links such as Board of Directors, which hedge funds are invested in them etc...

Great Graphic btw really shows where a lot of people get their information. Would be interesting to contrast it with corporate propaganda channels such as CNN, FOX, MSNBC etc

It would also be interesting to see how many of those accounts are bots used to spread certain messages and control sentiment

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Tired of Corporate Propaganda? Do you wish we had more independent and investigative journalist? Here are some alternatives that's exposing the corruption in our world

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Same but also felt there have been so many stories that I have been missing. Another issue with US based media is it only focuses on the US vs the world which creates just as much issues. We are very interconnected with everyone and the criminals at the top do not care about borders. Many of these organizations I linked do a great job looking at global problems from journalist directly on the ground and are local

whydrs

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Letter to Unions on an AIG

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Those are some good edits! I agree it will be important to discuss our interview with Gary as it helps give us some more authority. Making the statement broad is a good idea as it can help demonstrate the actions unions can take as shareholders and all the benefits. We can edit this letter and then create a list of unions and contact information so we can begin networking. We should also make a letter for asset managers and pension funds for DRS as they will be key in spreading information

whydrs

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What if FTD's aren't the real issue?

The way I understand is that FTD are a symptom of infinite liquidity for what they are unable to close out. When there is huge action and more buys are going on this is when they lose control and we see more FTD.

In the congressional hearing they even mention that infinite liquidity is just part of the system as they try to allow everyone to buy.

They have had years to learn how to hide their crime. It’s a mix of PFOF, FTD, swaps and probably much more that we have yet to uncover that allows them to hide it all from both us and the SEC. The issue is they have the tools and with both a hedge fund and a market maker branch are able to internalize everything in their system preventing outside eyes. Are there other metrics that we are missing? Is the Consolidated audit Trail (CAT) not enough and have loop holes we have not noticed. What about the netting system?

The only way we are able to find out and take away liquidity is to DRS. Eliminate the middleman and take back ownership

gmerica

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So what happpens next with BBBY?

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The transfer agent for BBBYQ is AST not computershare which sadly they are not as good as CS. I DRSd a large portion +95% of mine just to be safe. After seeing how much DRS is suppressed and how it gives me clear ownership of my shares especially when the stock is heavily naked short. It is up to you to decide what is the best way and what you are comfortable with.

gmerica

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So what happpens next with BBBY?

The stock has moved to expert market which retail cannot buy on after the SEC changed rules back in 2021. Many people are DRSing to prevent their broker from force liquidation however I am not sure how it works on Trading 212.

We are currently waiting on an updated plan to see if we are going to be liquidated which as of the recent 8k we may have an effective date of September 30.