Ready Capital Corp
Tuesday GameStop Hype. I’ve been looking at the 15th for awhile. Artemis prelaunch to the moon tomorrow. May hear from the Orange Guy about his presidential run announcement. Just Up Regardless! I can feel a RC tweet deep in my plumbs. 💎👐🐂🐂💵🎮🛑📈🆙🚀🌖
Let’s hear some Hype y’all! VIX is UP, FTX a announces an exclusive partnership with GameStop, stock is still trailing over 100 presplit bux, RC has been to busy to tweet, economy is going to shit bit $GME continues to hold value, and shorts never closed!. Ain’t nothing but a positive news dip.
People at my work today were talking about how Gustavo Arnal was definitely embezzling money and was doing a poop and doop. I'm thinking this isn't true and him and RC just took advantage of a obvious short squeeze. Any facts I can present to them, to show what the news is saying is not true?
“MOOOM! IT WILL BOUNCE BACK! RC WILL SAVE US!! MOMMM GET THE FUCK OUT OF MY ROOM!!” ![img](emote|t5_2th52|27421) Gamestonk baggies rn ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
“MOOOOOMMMM! My game store stonks are pumping on robinhood!! I’m only down 90% now! RC is really coming back to save me!!” ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Game store regards who bought in over $100 when it “pumps” to $13: “lmaooo told you fuckin bers RC would come save us! Diamond hands babyyyy” ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Gamestore actually genuinely set up really well for a rip if RC can grift/juice EPS enough for a big beat. It’s down a fuckton and a lot of bears might want to peace out as meme premium here isn’t as insane anymore. Obv though no one likes the name anymore and when/of apes eventually get bored you’re screwed.
Let’s think about this together. If the company is so strong why is all the top tiered staff that RC poached from other big companies Amazon etc. gone ? Why did he fire Matt Furlong and take the role of CEO himself with no pay? Why does the floor of my local GameStop look like it’s never been vacuumed as of last week? It’s due to poor management. I sincerely believe the business is struggling to become profitable and that’s evident with the layoffs of C suite positions and cut backs on employee benefits. Soon they may find themselves using their cash on hand to just keep the business afloat since the NFT marketplace and web 3 gaming innovations didn’t work out. Also the highest notional far dated options on the chain is for a April ‘24 PUT position for the $12 and $10 strike. And the damn borrow rate is at 1%. I think the business is in trouble and I’d love to make money on calls but I’m waiting for it to hit the demand zone around $9-$10 before longing via options. What do you think?
Pretty cool. think the RC is some kind of engineering prototype. They have a number on them as well. I think it’s going to do better then people think. Every other pickup on the road is indistinguishable from the next without seeing the badge on the front grill. If your spending $80k+ on a vehicle your doing it to stand out and have people look at you. This will certainly do that.
I don't expect my cars to increase in value. I was just making a point in how ICE cars have a much longer life and will always hold their value more compared to any EVs. EVs will mature a lot over a much shorter period of time, especially as soon as better battery tech moves to EVs. I don't envision people doing upgraded batteries and all the electronics needed to do the battery management, cooling systems, etc. It's not gonna happen. They are disposable cars. Better off leasing if interest rates weren't high. I've got over 30 years experience in electronics, engineering and just about anything technology wise. I've been working on cars since I was 18. Have removed, rebuilt, and reinstalled engines, and much more. I also happen to work for a large enterprise company who uses lithium ion batteries in all their portable products. I know a little something about batteries, super caps, electronics, and a broad range of technology areas. I built RC cars when I was like 10. EVs are a little more complicated than them. Cars are more than tools if you aren't a tool 8=D
I have wired up electronics in the past. It's not hard to do your own repair if necessary and requires just as much mechanical tooling as a traditional ice engine. Maybe even less. Functionally, a ev is the same as an RC car just scaled up. A series of batteries strung together and controlled by a BMS system. That's it. If a motor hub goes bad, you replace it modularly just like with a traditional car. The issues with your fictional future is that you're expecting your car to appreciate in value... Something that is entirely unrealistic. A car is a tool. Nothing more, nothing less. I suggest you do more research on the topic before you stupid yourself into a corner.
Hehehee. I grew up in the South, and when you ordered a "Coke" they would ask "What kind?". Of course there was Coke, Pepsi, and RC in the cola choices. Kimberly-Clark has the same reputation, people refer to all tissues as "Kleenex" regardless of the manufacturer. Then there is the opposite tag name with Post-it notes, most people call them sticky notes which is the generic name. Go figure.
They’re pending the launch of Playr, which is a blockchain game launcher. So they have an nft marketplace, will have a blockchain game launcher. There’s lots of talk of AAA game studios working on big blockchain game projects for the decentralized form of owning and creating game assets. Not sure on timelines though, it’s been a slow burn. RC became CEO in aug and its tanked 40% since the news. Maybe a reversal incoming. Not sure about short squeeze, maybe with strong fundamentals on a turn around + next TAM launch.
What does RC (release candidate) mean then? For a truck that is over two years late and was supposed to be in production last quarter. Either Musk is nowhere near ready for production or QA is crap. You have to pick one. So Tesla doesn't have issues with steering wheels or seats falling apart? What about the highest depreciating cars? Musk said these would be worth over $100,000 and generate $30,000 per year.
Being a "software" company, and being electric, well... My RC (a real one) could climb that better. Wheel spinning fast, no motion... Something is wrong... That used to be the basics of safety, yet this lambo countah on bad steroids cannot handle even that anno 2K23…
This is short sighted because you could issue a software update that could change how the truck distributes power to each wheel/system/whatever. I’m sure this car is absolutely packed with sensors. They could tweak a lot of things to solve certain problems. The Apple Store in Chicago was having issues with its roof creating large icicles that were hitting nearby pedestrians. They sent a software update to their roof to change how they heated the roof to resolve the issue. https://www.theverge.com/2018/1/3/16845106/apple-store-chicago-roof-software-hardware-snow Also this car says RC on it for a reason. What the fuck do you guys think they are doing? Still though, the truck is ugly. 🤮
> so he probably didn't buy the front motors, Pretty sure this is being driven by someone that works for Tesla, like a field test or something. The "RC" = "Release Candidate" and generally is an AppDev term, but car companies and food slingers (Soylent) like to call their product updates 'Versions' like it is a piece of software.
RC actually tried to dismiss a court lawsuit about the bbby pump and dump by saying something like "This case claims I hurt BBBY share holders but there are no BBBY share holders as the shares were cancelled , there for there is no case" Apes are still like "Wait for the merger RC is going to buy us and make us millionaires"
But when WSB saw how wrong it was, we realized that no matter how shitty a company's future looked the company could survive. The shittier the better, in fact, because we reasoned that out with our giant mongoloid heads. A few years later we would put our new knowledge to the test, with the shittiest company we could find. A despised brick and mortar retailer that had been bought by a former customer made good. Who is a better man than me. If I got my hands on the assholes who bought my games for pennies and sold me games for dollars I would burn the motherfuckers down, not try to save them. I was a god-damned kid, for God's sake. Where the fuck you think I get money? Ryan, or RC as we like to call him, came to save the company. Which is a weird story in itself, because to this day he has not released a turnaround plan. But a plan was not necessary. The shareholders wanted a dream, not a plan, and they got that. The company would survive and create a new cohort of princes to lead us against the evil! Of hedge funds, that is. Our old mentor was in jail and without his wise guidance the crowd turned against the hedgies. I digress. As usual, we fucked that lesson up too. WSB was swamped by a bunch of fucking kids, some of whom did not grow up on a diet of crayons and paste and seemed offended by the words we used. Not like they're any smarter than the rest of us. They just don't have the excuse we do for being so stupid. The old WSB is dead, in no small part due to AMD.
You haven't heard about the secret messages that have been decoded in Ryan Cohen's series of children's books that are going to make the apes rich after their Towel stock was cancelled and extinguished? According to the children's books that are solemnly read on grifting YouTube streams, RC is going to make all the apes whole and give them free equity in his new Amazon killer to reward them for diamond handing to zero. Don't you read the DD?
AA and RC are so lucky. They’ve found a group of “investors” who will prop up their companies for years based on crackpot theories that the stocks are primed to reach phone number valuations. It’s absolute insanity. At the same time AA and RC are absolutely squandering all this free money and attention they’re getting from you guys because they’ve done next to nothing to sustainably turnaround the businesses despite the free money they’ve raked in at your expense. These have been the most ideal times for AA and RC, with you clowns going out of your way to pour money into the companies, and somehow the company financials are still absolute crap.
Go tell that to the zealots in the towel sub. They say there is still solid evidence that RC is forming an offshore shell company that sells kiddie books as a smoke screen to fire all of bbby board and relaunch the company as part of video game store to compete with Amazon. And carmine icon is his dad.
What improvement? A failed NFT market? Thry are closing stores left and right to stop the bleeding. First thing RC did as ceo is send an email to management about how dire the situation is. What is this improvement you speak of
Still buying and holding. Last quarters were looking good. RC as CEO. If they drop it to $5 Gamestop can buy and lock the float themselves. Still convinced there are multiple floats of shares out there based on the amount DRSd + lots of shares with people that can’t or won’t bother DRSing. There were calculations that friggin Germany could hold free float based on accounts and median share numbers. There is no hype for a new catalyst so profitability is the key factor in turning price around through institutional buying etc.
The U.S. government is collecting 40% more taxes than in 2020. Inflation is great for government finances! If you assume the government can borrow at 5% per year, then that means the 800 billion increase in taxes can support $16 trillion more borrowing. ($16 trillion \* 5% interest = 800 billion per year). [https://fred.stlouisfed.org/series/W006RC1Q027SBEA](https://fred.stlouisfed.org/series/W006RC1Q027SBEA) Current deficit is 1.5 trillion. If inflation just stopped completely, then we are 10 years away from having to cut back. If inflation continues as 3% then we probably have 20 years. Japan has way more debt and they are still humming along.
Curious why you think that when the company trimmed the fat? They are cash flow positive, zero debt (except a small covid loan), over $1 billion in cash, and have brand new Amazon sized warehouses stocked with merch? Not to mention RC at the helm as CEO... They're not going bankrupt, so what's your rationale?
I bought OTM lotto calls on BBBY for pennies when it was around $4, just before it picked up steam on WSB. bought for maybe .03 they $15 strike, it squeezed up to $28 or so and I could have sold and made like $12k and RC sold two days before my expiration. I did at least end up selling enough to cover my initial investment and then some but still left about $8-$10k on the table
It’s not he WSB way, but it is the reasonably smart way… I would put all of it into buying shares of RC and waiting for an expected price appreciation while enjoying a 13.6% dividend. I currently have 578 shares for what it’s worth.
BRK.B is the 9th largest holding so you are already getting some exposure. AAPL is the #1 holding of VTI and BRK.B so there is a fair amount of overlap. The exposure you get with BRK.B and not VTI is the wholly owned companies like Geico, Sees Candy, RC Willey just to name a few.
Definitely not the cause lol. Tesla is beginning to see the inevitable slow down in the EV sector as everyone and their grandma rolls out EVs of their own. Plus interest rates are making the people on the lower end of the income scale think twice about buying a big RC car with a history of QC issues. Most normal people(non-redditors) can separate a product/company from the dipshit that runs it. Have you ever tried a Mike Lindell pillow? They actually are phenomenal.
it makes absolutely no sense for them to keep this charade going unless there's going to be a turn in their grift. watch them pivot slowly to gme to stick it to the short hf and help RC buy bbby. it's almost guaranteed and the sheeples will just keep pouring money in. it's sad really
Coke lost Newark Airport as a Customer. Nearly all Airports are phasing out Coke. I wouldn't be surprised if Airlines move to do the same if Coke keeps over charging them. Soon your trip on Delta will be with Mr. Pibb, RC Cola and more.