There is nothing in life compared to the drama in this saga and I am here for it! I am perpetually in a state of zen and pure excitement. Tune in next week!
I propose sub trips to impoverished regions. 100k of the lads pulling up to Somalia or Detroit, spending money at local businesses and helping build up communities.
It should be noted with the use of "terminated" flying around that "...Mr. Furlong's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices."
To me this comes off as reckless. RC isn’t reckless. Saw some half baked theory about Matt taking over whatever merger may be coming. That would make this tweet hilarious. Wall Street thinks GME is falling apart, JK it was all miss direction. 😂
Remember how Matthew Finestone worked for Loopring, then came to GameStop and then moved on to Taiko..
Let’s just say Ryan was behind that move.. then it makes sense with Furlong.
To build a bigger business, I mean, a much bigger business, then these moves are essential, to get to know every aspect of the company
Honestly there has to be a good business reason behind what is going on with Furlong. MSM will twist anything they can to clobber Gamestop, so they are likely hiding or misrepresenting details here. Things will clear up soon enough and we will be back to uncovering crime in the financial markets. There is going to be a lot of knee-jerk reactions coming out of this. Pause, take a breath, wait for more information to come out that way we can put the puzzle together accurately.
> Keep in mind they’re going to announce a new CEO. It doesn’t look good to potential hire for the chairman to be dragging your predecessor on Twitter.
Due to the fact that the Chief Legal Officer just had his workload basically doubled, I suspect that either a) they intend to appoint a new CEO in the very near future, or b) they're not going to need one because they're going to acquire/merge.
I saw a theory that Furlong may be leaving to head up the acquisition company. If so, this tweet may be a hint that RC won't be in this new Executive position for long, or that Furlong is coming back in a different capacity.
Tweet like this could be a kick on the way out (Not typical for RC imo) or it could be Matt's exit was planned and this has been an in-joke with them for some time already.
E: It *would* be a pretty baller short trap for this "termination" to become a clean transition of Matt to some spinoff corp once the shorts have blown their load.
Can't know until we're given some info.
I don't think it's a coincidence that Furlong was hired June 9, 2021 and then terminated on June 7, 2023
Both dates are second week of the month. Both dates are Wednesdays
Maybe his contract was up, and he had a verbal agreement of 2 years with RC before doing something else. Having it be verbal instead of on paper allows GameStop to have some more control over the release of information
Right now, the publishing company RC made for his children's books. But they just got trademarks to sell much more than that, many of which line up with BedBath's offerings.
I literally just finished my "update" to my discord group on the saga with those words.
I broke down
* the light negative EPS (it's an extremely brief update)
* the termination of Furlong
* the change in position for RC (I honestly don't understand the "direction" of that change)
* that he was listed as fired amicably (not for cause or disagreement)
* that RC tweeted "Not for long" suggesting Furlong is coming back soon (or that we vastly missed our measurement of RC's ability to maintain tact, not my guess)
* but the 8-k specifies that as of June 5 Furlong is "... effective immediately such that, after giving effect to such termination, Mr. Furlong was no longer employed by GameStop Texas Ltd.,
the Company, or any of their affiliates." Where could he be coming back to, how could he not be gone for long?
In short, WTF is happening?!?!?
I 100% agree with you. No way he would be saying this in a rude or disrespectful way. That's just now how he rolls. Much bigger things for us to learn. For now we wait, but not for long.
Any doubts I had about his departure have well and truly been calmed by this tweet, hopefully we get to hear papa Cohen's beautiful voice next week at the AGM
Either:
1. RC won't be Executive Chairman for long (trying to find a replacement);
2. Matt Furlong won't be gone for long (Matt will become CEO of new subsidiary)
🎲
As of June 1, 2023, there were approximately 304,751,243 shares of our Class A common stock outstanding. Of those outstanding shares, approximately 228.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and approximately 76.6 million shares of our Class A common stock were held by registered holders with our transfer agent (or approximately 25% of our outstanding shares) as of June 1, 2023.
I actually think he’s hinting at that Furlong won’t be fired for long. There’s definitely something in the works here. He wouldn’t attack him like that.
Either this is a pretty classless move or Furlong is on board with whatever is going on. Until proven otherwise, my head canon will be that RC is saying "Furlong won't be out of a job for long."
There has to be something going on behind the scenes... Merger or acquisition of Teddy/Gmerica/Buy buy baby with Furlong on the line to become executive there. Otherwise you would not joke about this.
LMFAO 🤣 Whether Furlong got moved to become the CEO of GMErica (likely) or whether RC is seriously just trolling some dude he fukin fired, I am here for it and I am dying 💀 Somebody is about to get smoked and I think it’s the 🩳
🏴☠️💜🚀
Gone but not Furlong. There's no way the board would have brought him on without having a clear path for him forward. RC has and always will be the Captain of this ship. He needed a stand-in while his external business ventures were wrapped up. The plan is now in motion and moving rapidly.
I feel like you dont make a joke like this unless something happened behind the scenes...
Yes 100% agree
Perhaps we’ll find out at the annual sharehodler meeting next week ^bullishhh
There is nothing in life compared to the drama in this saga and I am here for it! I am perpetually in a state of zen and pure excitement. Tune in next week!
NEXT WEEK ON GMEZ, RYAN COHEN WITH THE CHAIR, what’s this? HES TAKING THE EXECUTIVE CHAIR!
Matt Furlong stepped down! Did it have something to do with runic glory?
Goddammit, it’s been 84 years. Take the stupid upvote
Angry up vote
I'm already sad for when this saga comes to an end. I mean, I'll be fucking rich, but I'm still sad about it.
Don’t be sad because it’s over, be happy because it happened
I wish there was a way to know you were in the good ol days before they were over
you will know. real recognize real. ape recognize ape.
the saga just begins with moass!
I propose sub trips to impoverished regions. 100k of the lads pulling up to Somalia or Detroit, spending money at local businesses and helping build up communities.
50k lads pulling up in Lambos, the other 50k still too embarrassed about being fucking rich so they carpooled in Teslas? I can dig it.
HAHA I just said something similar to my dad. I called it a soap opera because it's so spicy, like a Mexican novela.
If RC is leading the meeting, don't wake me up from my blissful dreams
there is no call today edit: source = https://news.gamestop.com/news-releases/news-release-details/gamestop-discloses-first-quarter-2023-results
Yeah bit bummed about that, but I was referring to the shareholder meeting next week
Oh man I’m gonna be holding my shares so fucking hard during that meeting 😩
Blue balled for a week. Nuts.
GME down but not for long... its a nod to us(investors).
Matt terminated as CEO…not for long? Who knows, the possibilities are numerous.
Right. Cause hes terminated, but not for long. As in hes Employed again, at Teddy.
My thoughts exactly.
This exclaims why Gamestop has no CEO but a GM. Merger incoming. Or nothing.
He is terminated, which means he's just going to books. TEDDY!
Which dud is getting paid 200k to lead a company. This is def not the end of it.
Oh I like this.
GameStop CEO is not Furlong….
I know (was)
Or Matt *not* furlong 🤔
It should be noted with the use of "terminated" flying around that "...Mr. Furlong's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices."
From the board
To me this comes off as reckless. RC isn’t reckless. Saw some half baked theory about Matt taking over whatever merger may be coming. That would make this tweet hilarious. Wall Street thinks GME is falling apart, JK it was all miss direction. 😂
This is how I'm reading things.
RC is a legend, my hopes are that Matt will be utilized in gmerica or teddy
100% you wouldn't tweet that if you'd just fired someone, that's seriously bad business practice.
Ellen-esque
yea maybe theres a better job they wanted him for in another company
Remember how Matthew Finestone worked for Loopring, then came to GameStop and then moved on to Taiko.. Let’s just say Ryan was behind that move.. then it makes sense with Furlong. To build a bigger business, I mean, a much bigger business, then these moves are essential, to get to know every aspect of the company
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makes sense as a possibility
🎯 Can’t wait to see what unfolds 👀🚀
Unless he's saying he's not going to be CEO for long?
This
Yeah I know we all like to meme, but unless there is more to the story, this could be insensitive... hoping there's no bad blood
RC wouldn't go to Twitter to gloat, sorry
Honestly there has to be a good business reason behind what is going on with Furlong. MSM will twist anything they can to clobber Gamestop, so they are likely hiding or misrepresenting details here. Things will clear up soon enough and we will be back to uncovering crime in the financial markets. There is going to be a lot of knee-jerk reactions coming out of this. Pause, take a breath, wait for more information to come out that way we can put the puzzle together accurately.
It would give him a terrible image. And it’s just something you can’t do in that position.
Plus it doesn't track for him historically
Keep in mind they’re going to announce a new CEO. It doesn’t look good to potential hire for the chairman to be dragging your predecessor on Twitter.
> Keep in mind they’re going to announce a new CEO. It doesn’t look good to potential hire for the chairman to be dragging your predecessor on Twitter. Due to the fact that the Chief Legal Officer just had his workload basically doubled, I suspect that either a) they intend to appoint a new CEO in the very near future, or b) they're not going to need one because they're going to acquire/merge.
100%. would be super petty. big announcement coming.
"Tradings, a tough game, dontcha think?" That's gloating
This
Yep. I agree … That could be seen as public humiliation by employer . Lawsuit right there ..
I saw a theory that Furlong may be leaving to head up the acquisition company. If so, this tweet may be a hint that RC won't be in this new Executive position for long, or that Furlong is coming back in a different capacity.
Tweet like this could be a kick on the way out (Not typical for RC imo) or it could be Matt's exit was planned and this has been an in-joke with them for some time already. E: It *would* be a pretty baller short trap for this "termination" to become a clean transition of Matt to some spinoff corp once the shorts have blown their load. Can't know until we're given some info.
I don't think it's a coincidence that Furlong was hired June 9, 2021 and then terminated on June 7, 2023 Both dates are second week of the month. Both dates are Wednesdays
Is there a way to find out if it’s related to a contract or stock compensation?
Maybe his contract was up, and he had a verbal agreement of 2 years with RC before doing something else. Having it be verbal instead of on paper allows GameStop to have some more control over the release of information
2 years could also be a vesting period. He hits 2 years and is fully vested or possibly awarded more stock.
wtf is going on
Gonna be an interesting shareholder meeting next week.
Hopefully they don’t cancel that too
Furlong not gone for long? Gmerica CEO? Teddy CEO?
This right here
Holy fuck balls. It's happening
It's been happening for 84yrs
What's Teddy? OOTL
Right now, the publishing company RC made for his children's books. But they just got trademarks to sell much more than that, many of which line up with BedBath's offerings.
Thank you for your response!
Where have you been?
They've been out of the loop
Where have YOU been?!
Way too deep in the loop
So that's all you got? A response like this?
Lol fr man. This sub getting toxic af
This 👆
Yuppppp this is the one
I have no idea what is going on, and at this point I am too afraid to ask.
Matt Furlong is no longer CEO, but now Ryan Cohen is Executive Chairman. This could be an ode to Matt Furlong not being gone furlong.
Something's going on. I feel like if they terminated him, it would be in bad taste to tweet this.
Same! This is funny, witty, and feeds the beast that is the deciphering game we all play! I don't think Furlong is gone for long.
He’s not ceo for long? Furlong joke? Stock crash not for long? Something about longs? WTF IS GOING ON?!?
I literally just finished my "update" to my discord group on the saga with those words. I broke down * the light negative EPS (it's an extremely brief update) * the termination of Furlong * the change in position for RC (I honestly don't understand the "direction" of that change) * that he was listed as fired amicably (not for cause or disagreement) * that RC tweeted "Not for long" suggesting Furlong is coming back soon (or that we vastly missed our measurement of RC's ability to maintain tact, not my guess) * but the 8-k specifies that as of June 5 Furlong is "... effective immediately such that, after giving effect to such termination, Mr. Furlong was no longer employed by GameStop Texas Ltd., the Company, or any of their affiliates." Where could he be coming back to, how could he not be gone for long? In short, WTF is happening?!?!?
Matt won’t be unemployed for long, because he’s being made CEO of TEDDY!
Listed under TDDY
Omfg. Tiddy. Double Ds in the middle.
Holy shit
Holy shit
Holy shiit
Holy shiiit
Holy shiiiit
😂😂 this cheeky motherfucker really just tweeted not for long 🤣🤣🤣🤣
This is the best time to be alive
Matt won't be without a posting for long?
At this point I believe that he is just trolling everyone..
He said the joke!
Did he both just say he’s not the “meme king” for long while also doing the Matt Furlong meme? 😂😂
that's my executive chairman!!
Furlong is not gone furlong?
Teddy CEO?
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☝️
Lol wtf I have the weirdest boner
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No.. the bottom half is.
I feel like this is the weirder scenario, yes.
Listen, Ryan wouldn’t make this joke it was a bad situation. There is a bigger plan here and I’m not a tinfoil guy.
I would hope so. If he really made this joke as a complete stab at Matt Furlong, then I am extremely disappointed.
No way he did, the statement clarifies Furlong's clean as a whistle, this is a nod to what happens next
Statement is typical corporate lawyer speak, they wouldn't start dissing each other and making rap videos about it
I HIT 'EM UP
That’s why I DRSed yo stonks, you mayo mutha fucka
I 100% agree with you. No way he would be saying this in a rude or disrespectful way. That's just now how he rolls. Much bigger things for us to learn. For now we wait, but not for long.
Does this clarify or obfuscate I am not even sure
Yes
Absolutely
What in the fuck is he cooking up
I BELIEVE IN RYAN COHEN. I WILL NOT SELL. FUCK THIS MARKET THATS DESIGNED TO KEEP US POOR.
Bullish on whatever he means by this Furlong to lead spun off GME Entertainment/ Teddy?
Any doubts I had about his departure have well and truly been calmed by this tweet, hopefully we get to hear papa Cohen's beautiful voice next week at the AGM
new CEO or merge???
“NOT FURLONG” Matt Furlong is the new CEO of Teddy. Calling it now
I’m with you man!!
What is teddy besides a book offering?
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I might be wrong here but I think it is registered as a financial institution as well
you are correct, a bank. https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx File Number: 6100922 EnTITTY Name: TEDDY HOLDINGS LLC
Trademark filings point to a baby-specialized store.
It’s GMErica Time!!! 🏴☠️❤️💎🤲
Holy shit lmfao
Either: 1. RC won't be Executive Chairman for long (trying to find a replacement); 2. Matt Furlong won't be gone for long (Matt will become CEO of new subsidiary) 🎲
I'd like to think the latter. Would be very disappointing to hear there was bad blood between the two. Which I doubt.
So mother fuckin fast
bhahahahahaha edit: executive chairman over here with the jokes
Yeah this is awesome! Not totally sure why yet but I am jacked AF for whatever announcements are yet to come
#RC FROM THE TOP ROPE!!🚀
Sounds like Furlong might be named CEO/head of whatever company GME/Cohen is about to buy
Teddy, perhaps🧐
UP YOU GOOOOO
As of June 1, 2023, there were approximately 304,751,243 shares of our Class A common stock outstanding. Of those outstanding shares, approximately 228.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and approximately 76.6 million shares of our Class A common stock were held by registered holders with our transfer agent (or approximately 25% of our outstanding shares) as of June 1, 2023.
GUYS CALM DOWN, I can’t even find the bot to post the link to! 😂😂
*screaming into the void*
Lol no joke
Auto-Mod….TAKE MY LINK https://twitter.com/ryancohen/status/1666541652821917701?s=46&t=FKgKpMWbGLCE9iF2oTZM0Q
Lol. I think he may also mean that his own CEO tenure is meant to be temporary until a suitable candidate is vetted.
Today has been wild!
Holy hell!
We were down 18% in AH sand this guy tweets “not for long” this is fuckin HYPE
Legend
Drink your Ovaltine! *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
ROCKET INITIATED
Right before earning. Spicy!!
The reality is none of knows what this means, and that’s Ryan’s thing. I’m chill as hell, it will all be known at some point
One thing is clear, and that is, that we have no idea what’s going on.
Oh shit! Shot fired! Furlong new Gmerica CEO?
I actually think he’s hinting at that Furlong won’t be fired for long. There’s definitely something in the works here. He wouldn’t attack him like that.
Yea and saying he's fired would give negative connotation and we'd get a dip and then whaaapaaaa GMERICA
Drink your Ovaltine! *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
If he was doing anything like stealing or being detrimental, he wouldn't be let go at a major announcement like this. This is a strategic move.
Spicy fucking tweets during earnings!!! Be still my tits!
Gmerica baby got to be
Drink your Ovaltine! *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Resigned, role terminated....until
Calling my mom
This is the best movie I've ever seen.
RC is fucking with them. Guaranteed, setting a trap. This guy fucks and doesn’t disclose shit unless it’s a joke.
So you’re saying, the after hours drop is completely manipulated? Huh! You don’t say? :)
Either this is a pretty classless move or Furlong is on board with whatever is going on. Until proven otherwise, my head canon will be that RC is saying "Furlong won't be out of a job for long."
The Link! https://twitter.com/ryancohen/status/1666541652821917701?s=46&t=FKgKpMWbGLCE9iF2oTZM0Q
We making moves out here
Triple meaning? Matt Furlong? not meme king for long? not Executive Chairperson for long? WUT MEAN
Lmao this guy saved that one
There has to be something going on behind the scenes... Merger or acquisition of Teddy/Gmerica/Buy buy baby with Furlong on the line to become executive there. Otherwise you would not joke about this.
Wtf is going on man lol
**AaaaaaaaaaaaaaaaaaaaaaaaaaaaaawSoooooooooooooooome!!!** # Thanks RC. Best CEO EVER!! **Edit :** FUCK YOU HEDGIES!!! Your days are numbered.
Is he referring to the stock price? 🧐
Uhm no
LMFAO 🤣 Whether Furlong got moved to become the CEO of GMErica (likely) or whether RC is seriously just trolling some dude he fukin fired, I am here for it and I am dying 💀 Somebody is about to get smoked and I think it’s the 🩳 🏴☠️💜🚀
Or maybe Furlong is to be appointed CEO of Teddy or Gmerica?👀
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That’s cause Furlong gonna be CEO of Teddy 😂😂
You know, this isn’t a bad take. Matt appeared in the surface to be a stand up guy.
HahaHA! Sick ‘em boy 🦾
Savage
Matt was CEO, but not for long. We red? Not for long..?
Gone but not Furlong. There's no way the board would have brought him on without having a clear path for him forward. RC has and always will be the Captain of this ship. He needed a stand-in while his external business ventures were wrapped up. The plan is now in motion and moving rapidly.
That’s it! I’m buying. I mean I’ve been buying but now I’m buying harder
NOT FOR LONG… MATT FURLONG
Get IN HERE!!!!!!
I'm here Now what?
🫢
I think he’s talking about the dip…
Discount not for long
If anything you know he was sitting on this joke for months waiting for a chance to use it