cross-posted from: https://lemmy.whynotdrs.org/post/36558
July 26, 2023
Previously on the PP show there was high quality guest Hey_Ross, which felt like a moment where the PP show went from being a small time amateur operation to something a little bit more serious.
Around the time of Bed Bath & Beyond’s bankruptcy announcement in April, the show had roughly 300 to 400 viewers per night.
Yesterday Bill Pulte announced on Twitter / X that he would be attending the show, and during Pulte’s segment there were over 2000 viewers watching live.
https://www.youtube.com/watch?v=IXaH3IaklqU
There were quite a few things that were discussed with Pulte, it was a good segment. There have since been numerous threads in the PP show subreddit discussing the content of that segment.
Some of the takeaways that I got from the conversation:
- Pulte discusses DRS. Pulte says: "my opinion is that, myself included, is that everybody should be open minded with it. We should not, in my opinion, we should not underestimate what executives and what some of the hedge funds and some of the certain actors on Wall Street will – the lengths that they will go to… when is change actually going to happen, and I think that the more that we can remove friction, and I don’t know that DRS is friction, but we just need to keep an open mind. I’ve gotten to know the process of DRSing, and I hear both sides of it, it is, you know, these systems, they make it, whether it’s DRS or otherwise, I think intentionally to make it more difficult.
- Pulte and Ryan Cohen share the same attorney, “a very well known shareholder activist attorney, 2 gentlemen, 2 attorneys”
- Pulte says that “we are all leaders”, “the power is in all of us, it’s not in Pulte it’s not in Cohen, it’s literally in fucking everybody here. It’s like, next time, how do we get the PP show to get to 10 thousand people”. Although this segment wasn’t specifically about GME people, throughout the segment Pulte’s words sort of conflated the BBBY and GME communities as one and the same, that we share the same fight. I take this claim that we are all leaders to refer to all of us here in this Lemmy instance as well, all of the efforts that everyone has taken to continue pushing forward.
- Guest ABC asks: we are seeing a lot of division, how would you encourage us to bring these communities together? Pulte responds: “you just can’t engage it [the divisiveness]… we really are in so many ways on the same team. By leaders like you, because you are a leader, everybody is a leader here, but you’re a leader ABC, by you asking that question people are going to think twice about, does it make sense to, really, fight with these people, you know, really spend our time, our energy hating on these people, or should we be focused on, you know, the real enemy, which is the corruption, the greed, the, you know, one of the seven deadly sins is sloth, I think a lot of these executives i think sloth. Think about this: how the hell did this Fortune 500 COO that was going to become the COO of Pulte Group, 18 billion dollar company, how the hell did he have time, how the hell did the CEO let this guy have time for a year and a half to come up with different fake identities to attack me? I mean this stuff is crazy. If you traffic in this kind of stuff it will make you go nuts and in this case, this guy, in my opinion, he’s nuts. And I just say you gotta restrain yourself. You really gotta restrain yourself, and we’ve gotta really restrain ourselves as a movement…”
I share Pulte’s view, that the PP show (BBBY people) and the GME people, and the DRS GME movement are all different expressions of the same larger movement and larger community, we are all after the same thing, we are all fighting the same fight, and our opponents are the same opponents. Choose cooperation and positivity and reject hatred and division.
TLDR: Apes together strong.
Additional note: on the subject of the power of the community, and division and positivity, it is kind of ironic that despite that Pulte is a GME shareholder and an advocate of DRS, and does not have any position in BBBYQ, this interview with Pulte and any mention of it was repeatedly removed by the mods of Superstonk for not being explicitly about GME, despite that the community members there clearly were in favor of the discussion, with the posts being highly upvoted and awarded.
Although most everyone here is well aware of such antics that happen in that subreddit, it really says something about how, as Pulte advocates for cooperation and togetherness, but that the mods of superstonk go out of their way to put up walls to deliberately promote the separation of GME and everything else. Despite that we are all fighting the same fight and share common interests, over there it is GME only, no exceptions. I don’t think I am alone in believing that this behavior is detrimental to the overall strength of our movement, the movement of retail investors fighting against a cartel of short hedge funds and other Wall St players.
I mention this because I want to use it as a reminder once again that it is imperative that we not allow ourselves to be boxed in by artificial walls that have been put up by moderators that act against the consensus of the community, and that the fediverse and this Lemmy instance are an expression of what Pulte talked about, that as a tenacious community we are all leaders, and we won’t let that kind of behavior stop us from marching forward.