https://www.cnbc.com/2023/10/31/62percent-of-americans-still-live-paycheck-to-paycheck-amid-inflation.html
The number of workers who say they are stretched thin has remained stubbornly high as inflation weighs on American households.
Hi all,
I was thinking about this notion of forming an activist investor group which has been circulating in this community for a little while. To this day I think it is still unclear what that might look like, how to do it "properly", etc.
Perhaps, at least at this stage, we don't even need a formal group or organization at all, perhaps we just need this community that we already have to take a set of actions in this direction.
For one thing, in my opinion at least, there is no online public community space better than this Lemmy instance to get started on this. This Lemmy instance is owned and operated by DRS'd shareholders of GME and is not beholden to outside influence.
I see no reason why we can't use these very discussions on this Lemmy instance, and elsewhere, to determine precisely what it is that we want to propose to the company, and to then proceed to formally make that proposal.
Here is rough plan of action that we GME investors could take without having to create a formal "group" entity:
At that point, GameStop receives some number of proposal requests from the community, maybe 5, 10, or 100, or more individuals submit such a proposal and each one is identical or very similar to one another, each of them directing the company to review the proposal documents at the target website.
GameStop confirms on their end that each individual that makes a submission in fact meets the requirements and would then have to address the proposed ideas.
Please critique this idea and offer any suggestions you may have.
Hi all,
I've seen discussions bubbling up about starting an activist investor group, for the apparent purpose of creating a sort of legal entity of some kind that would enable GME investors to more effectively make proposals to our company and that the company would be required to address the proposals to some degree.
I like the idea but frankly I have no idea how such a group would function.
Some simple internet searches don't immediately provide clear answers, this doesn't seem to be a super common idea. Just looking to ask some questions and try to get some information to flesh this idea out a little bit.
I don’t expect anyone to necessarily know the answers to all these questions, this is just what initially comes to my mind. I like the idea, it sounds promising. But a certain amount of education will be required. I will try and do some research of my own but hoping others might know more than me and can maybe enlighten me a little bit a bout this.
@jersan
@lemmy.whynotdrs.org