The Young Squire Pettypants @DatYoungSquire

@taketheseodds @TheRoaringKitty RK said "I might even buy just based on that" when referring to a plurality of insider buying. Why are you misquoting him?

$GME 👀 sec.gov/Archives/edgar…

no u

Larry Cheng @larryvc

a month ago

Thoughts?

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What debt holders value about debt is downside protection. What they give up is upside. What equity holders value about equity is upside participation. What they give up is downside protection. Therefore, when debt holders voluntarily choose to convert from debt to equity, it’s because they value the upside potential of owning the equity more than the downside protection of owning the debt. It’s a vote of confidence in the company.

@TheUltimator5 Tbf until AI receives its own sensory input of the world, it can only have a human conception of it and, regarding politics, the majority of the training data it encounters (if unconfined) likely comes from those pushing propaganda

Funny coincidence, but the $GME early earnings announcement perfectly aligned with the market top before it started coming crashing down.

@magsonthemoon

RYAN FUCKIN COHEN

I support GameStop $GME, too!

GameStop reports highest quarterly net income in company history of $389.6 million. Highest first quarter operating income in GameStop’s history of $143.3 million. Net sales grew 14% year-over-year, driven by collectibles. Cash, marketable securities, digital assets and related receivables, and collateral pledged for derivative asset of $9.7 billion. investor.gamestop.com/news-releases/…

I just bought $6.98 worth of eBay stock That's more than the entire eBay board of directors bought in the past 5 years combined Let that sink in

@obelicks @gamestop I could barely believe it myself Another 50,000 @eBay shares sold today Ebay executives selling them as soon as they get them

As always, my man nailed it again. As he outlined, eBay’s board won’t deploy a poison pill or invoke Delaware’s 3-year business combination moratorium against Cohen, for two specific reasons I’d like to discuss. First, institutional shareholders. eBay’s shareholder base is over 90% institutional, and I think they are observing carefully. And as noted in previous posts, these same institutions are also significant GME shareholders, so they sit on both sides of this trade simultaneously. The board has already rejected a 46% premium over the unaffected price. Every day that passes without a deal is a day those institutions are leaving money on the table. Adopting a poison pill to physically block shareholders from ever voting on an offer that could double their investment would be an act of open warfare against the very people the board is supposed to serve. The institutional backlash would be immediate and severe. Proxy advisory firms like ISS and Glass Lewis would likely recommend voting against every sitting director at the next annual meeting. Second, breach of fiduciary duty. In Delaware, where eBay is incorporated, the board owes a duty of care and a duty of loyalty to shareholders, not to itself. Rejecting a 46% premium is legally defensible if the board can articulate a credible standalone plan. But adopting defensive measures specifically designed to prevent shareholders from ever voting on a transformational offer crosses a very different legal threshold. A class action in that scenario would be almost inevitable, and individual directors could face personal liability and they know this. This is why the real battle will be fought at the shareholder level, not at the board level. Cohen doesn’t need the board’s permission, he needs 10% of eBay’s shares to call a special meeting, or 20% if the June 17 threshold proposal fails. The clock is ticking for eBay. Still learning. Still sharing. Not financial advice. $GME $EBAY

bad robot ventures @foxenflask

5 months ago

Besides multiple updated $GME 13D/As in the coming weeks (Ryan is buying and has a lot of dry powder), we are going to see a Schedule TO filing here soon directly to $EBAY shareholders. To formally launch a hostile bid, GameStop must file a Schedule TO with the SEC, which

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Responsibilities include finding out where the money is going…

Sneed @sneedweb

5 months ago

🚨 Following sharp questions from GameStop CEO Ryan Cohen over its $2.4 billion marketing spend, eBay is now recruiting a Senior Manager of Marketing Effectiveness. $GME

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You used to sell stuff on eBay. Maybe an old camera. Maybe Beanie Babies. Maybe a coat that didn't fit. You paid a small fee. The buyer got the thing. Everyone went home. That eBay is gone. The website looks the same. The logo is the same. The 135 million buyers are still there. But the company isn't really a marketplace anymore. It is an advertising business with a marketplace attached for distribution. Last year, sellers paid eBay $2 billion just to make sure their own listings showed up. Read that again. The board calls this growth. A Canadian who runs a video game store called it something else. Here is what actually happened. In 2020 the board hired a new CEO. His name is Jamie Iannone. He arrived with a strategy called focused categories. In plain English, that means leaning into the stuff people pay extra for. Sneakers. Watches. Trading cards. Auto parts. The everyday seller, the person with the camera and the coat, was no longer the customer. The customer was now the seller who would pay to be seen. In 2025 eBay did $80 billion in transactions. They kept $11 billion of that as revenue. Of that $11 billion, $2 billion came from advertising. Sellers paid them $2 billion to promote listings on a website those sellers already pay fees to use. That is the growth story. In the same year, the number of enthusiast buyers, eBay's own term for their best customers, was 16 million. It was also 16 million the year before. And the year before that. And the year before that. Four years. Zero growth. They mention this on every earnings call without mentioning it. So what does a company do when growth stops? It buys back its own stock. In 2025, eBay returned over $3 billion to shareholders. Most of that was buybacks. In February the board authorized another $2 billion on top. Buybacks shrink the share count. Earnings per share goes up even when earnings stay flat. The stock price follows. The stock was $68 a year ago. It is $108 today. The company did not improve. The denominator got smaller. Then a man from Canada noticed. His name is Ryan Cohen. He runs GameStop. He started his career selling pet food online and sold it to PetSmart for $3.35 billion. He looked at eBay. 135 million buyers. $80 billion in transactions. Real margins. Real cash flow. A board harvesting the business instead of running it. He bought 5% of the company through derivatives and stock. Then on May 4, he offered to buy the rest. $125 per share. $56 billion total. On May 12, the eBay board rejected the bid. They called it not credible. The math is credible. What the board means by not credible is we would have to explain why we sold. Then Cohen went on Piers Morgan. He said eBay is run by a bunch of losers with perverse financial incentives. He pointed out that eBay's CEO has been paid $144 million over six years. He pointed out that he personally takes no salary and has put $128 million of his own money into the company he runs. You do not have to like Ryan Cohen to notice he is making a point that is hard to argue with. eBay used to be a place where regular people sold things to other regular people. Now it is a $48 billion company whose largest growth driver is charging its own sellers to advertise to a buyer base that stopped growing four years ago, while spending billions a year buying its own stock to make the chart go up. The board calls this strategy. A video game CEO from Canada called it what it is. The market is now waiting to see who else agrees. Plz fix. Thx. Sent from my iPhone

GAMESTOP CEO RYAN COHEN ON EBAY: I LOVE THE ASSET. IT'S RUN BY A BUNCH OF LOSERS - INTERVIEW WITH PIERS MORGAN

$GME $EBAY - GAMESTOP CEO COHEN ESCALATES EBAY TAKEOVER BID GameStop CEO Ryan Cohen renewed his push to acquire eBay after his $56B offer was rejected by the company’s board. In an interview, Cohen criticized eBay’s structure, saying it is “literally obese” and “extremely overweight,” arguing there are major opportunities for cost-cutting. eBay dismissed the bid as “not credible or attractive,” while Cohen said rejection was expected and vowed to “do everything” needed to pursue a deal.