“One way or another”

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Speaking of trolls


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On one hand, the article didn’t cite RC himself. But on the other hand…if it was bullshit he could have just said so in a quick tweet.

Unless volatility is a good thing?

Or maybe he’s doing a Tyrion GOT thing where he tells three different stories to three different people to find out who the leaker is.

Brave Post without knowing the feature. IMO the scenario isn’t impossible

I agree. And with xx,xxx shares I can guarantee you I'm not a troll.

And with xxx,xxx shares, me too.

And as someone familiar with the matter, me too.

With x,xxx,xxx shares I'm of a similar mindset.

With xxx,xxx,xxx shares, I follow you guys, but to be honest, I dont really understand what a share is.

Whoa we got a float locker over here!

Something is floating in the infinity pool.

Will you be my wife’s boyfriend?

Send me a photo and I'll consider it.

I assure you that this post will be conveniently forgotten if GME sells their eBay stake and moved on to something else, and were someone to mention it, they would be invited to sell and move on.

Yup

Lol the trolls are down voting you hard.

Previous comment well-upvoted. Simply agrees. Downvoted almost as much as the other was upvoted! The spreads in here on some threads are bizarre.

“People like OP will make the following dumb choices” OP: “yup” I think it’s pretty clear why one of those would be voted up and the other down

I don’t think it’s clear at all. Also, where did that quote come from? It’s not even remotely a paraphrase?

I assure you that this post will be conveniently forgotten if GME sells their eBay stake and moved on to something else, and were someone to mention it, they would be invited to sell and move on.

Have a look at this comment. This is saying that if something turns out to be wrong, those that thought it was right would ignore that, pretend they never though it, and clap back at anyone that brought it up. Is that A: smart B: dumb or C: neutral as a behavior?

I don’t think your recharacterizations are fair at all. It’s neutral. Evaluating an investment, and reevaluating it, draws from so many factors, even if one of those factors degrades or disappears entirely. The hypothetical, even likely, “then sell” clap-back is somewhat negative though, and it’s annoying whenever it’s seen her among the RC cheerleaders.

If the phrase “conveniently forgotten” seems neutral to you then we will struggle to converse. The comment quoted describes an abandonment of the goal that this sub and others have obsessed over for months now - to “conveniently forget” that and then attempt to shun those that bring it up if it were to fail is extremely negative behaviour. It demonstrates a critical failure to be able to see that you were seriously wrong, and evaluate how you might change how you think in the future. More worryingly it shows hostility to those pointing out that you should do that - which is honestly symptomatic of cult like groupthink. Groups that aggressively tell those bringing up their mistakes to leave the group are bad groups. This comment is too long, just read that last sentence.

Yeah, it’s far too long, but I did read. I’d like to return to the crux of my simple point: A: “I believe X.” B: “I believe X, too.” A upvoted; B downvoted. I find that to be an odd phenomenon yet one that occurs often enough in this sub.

I believe X Negative thing about you You are correct Quite simple really I’m speaking to this example obviously, not the unstated general group of examples you are referencing

I don’t think you really have a good bead on it, but, well, that’s just my opinion. Was a pleasant enough exchange. Have a nice day.

Ditto :)

its bad if they dont buy ebay its bad if they do.... i guess

No, its like trump says he will forbid weapons and after telling it for like a month he tells the opposite. Now he has no voters, not even them, who are for weapons.

Hmm, bringing politics into this. sus

Hmm, bringing no arguments into this. sus

\*cries in value creation either way\*

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6202190304D chess... amirite.

Seems so to me but I’m a dummy who trusts your take.

How many people were tricked into believing Gamestop when back on June 23 they said # GameStop will release additional materials regarding its proposed acquisition of eBay this week, including a detailed presentation of the strategic rationale and operational plan for the combined company. Source: https://investor.gamestop.com/news-releas… It is well over a month since GameStop issued that press release. To me it looks like GameStop has ready backtracked.

Rugpull Ryan would never dilute his loyal apes, again, again! 

I think it wise to withhold judgement until the eBay situation comes to a conclusion.

That press release was on 6/23. Three days later they did another press release providing guidance for Fiscal Year 2026, and included an updated statement about the proposal that said:

GameStop's leadership team remains focused on advancing the proposed acquisition of eBay, Inc. ("eBay"). Additional materials regarding the proposed transaction are forthcoming.

https://investor.gamestop.com/news-releas…

Does "forthcoming" mean next year? Never? So it took just 3 days for GameStop to start backtracking. In 3 days they also backtracked from "detailed presentation of the strategic rationale and operational plan of the combined company" to simply "additional materials".

I won't speculate on what caused them to provide that update, or why we still haven't seen materials. If you see it as backtracking, that's your choice. What we do know is Ryan himself said "there have been a lot of interested parties...". So perhaps they have had to change to increasing demand. If you see it as disingenuous or unrelated, that's again your choice. Your original comment specifically focused on the 6/23 press release without mentioning the updated wording in the 6/26 release. Either you didn't know about the latter release, or you purposely didn't refer to it. You suggest Gamestop "tricked" people and were making disingenuous statements. But its actually your comment that is disingenuous for referring to an old statement that gave a specific "week" timeframe for releasing the materials.

I focused on the 6/23 press release because it had a specific timetable and a specific description of what GameStop intended to deliver in terms of presentation. Even if GameStop had said in the 6/26 release that "just kidding, we have changed our mind and will not provide any more info" I still would reference the 6/23 press release as something they had backtracked from.

This meme is going to age like Milk. Not that you should trust MSM but 99% of the time articles like this are accurate, which means the info is likely leaked by RC and co.

You for real? wow

Do you people that post this crap on this sub ever get tired of always thinking RC is god only for him to rig pull moass every single time? I’m holding but these posts are ridiculous.

OMG we found the fish. good work guys.

Nobody wants to believe GameStop is a legitimate business and RC a good owner operator, plus shenanigans in the stock market that have worked against GME shareholders. Cultists in this sense is synonymous with people who haven’t lost sight of that. We’ll see what happens. If I’m wrong, I’m wrong. I’ll admit as much after eBay concludes and warrants expire, but even then I trust RC to run a business profitably and be a savvy capital allocator worth joining.

You really pissed off the trolls with this post

GME shareholders can have opinions that’s aren’t always to kiss RCs ass everytime he shits

Yes yes you people love to keep repeating that. I was referring to his pretty non controversial response to your comment being downvoted to oblivion

👍

Why would someone with the most GME shares want to hurt his own profits? He isn't killing MOASS or whatever the FUD narrative is. He's building a sustainable, profitable company that he can enjoy stable profits from.

The fact that he is now looking to buy EBay is telling that maybe GME was a means to an end. His previous statements that he doesn’t care about GME and that his goal is eBay was telling. Why would he hurt his profits? The man is a billionaire. He could lost billions and still be just fine. Billionaires protect their own as we see with his support of the certain people, that goes against ape helping ape. The reason of why people do things is still being debated if actions taken 10000 years ago. Why RC is doing what he’s doing is anyone’s guess but most companies I invest in don’t dilute as often as GME does. While he has turned the company around it has been at the expense of shareholders. Will we see a moass? Idk and the longer this goes on it’s getting doubtful since every moass opportunity was rug pulled so much that even roaring K dipped

Billionaires don't get to become billionaires by burning cash. You don't just stumble your way into that status. The idea that rich people don't care about losing money is so stupid lol.

Then why wouldn't he have bought more shares and locked the float to create MOASS? Ah yes...the other billionaires wouldn't like that. He has to trigger MOASS legally... Why would a billionaire hurt his profits? To get eBay because he never wanted to run GME (his words) Him not taking a salary is a drop in the bucket. eBay's board takes a salary and their shareholders make money. I could not care less if he makes a salary, he is rich.

Imagine when RC announced he sold all eBay share..lol

Investing billions in options to convert in shares for a JV makes absolutly sense published by bloomberg the only interviews that were really positive. /s

I would entirely support us backing off the eBay acquisition. I’m not excited about a company operating on leverage. We just started making money hand over fist, even if a lot of that was due to TBill interest we were still bringing in healthy profits. 

eBay is so overweight RC could run it lean in no time like GameStop and there’s huge potential in acquiring an existing global marketplace infrastructure.

I don’t disagree but honestly, before investing in GameStop in 2021 I never gave a rats ass about a “shareholders return”. Yes of course shareholders are putting skin in the game but it’s the lowest level of involvement in a company. I’d rather a company have “bloat” as long as it meant the employees of the business were happy and feeling valued. Bending to the shareholders demands is a cowardly way to do business.  The fact that apes in here were talking shit about eBay having an on campus bar for happy hour and team meetings seems so maligned with apes original involvement in the market. Employees should be happy going to work and if a perk for some was that they got to have a brewski on the clock then hats off to them.  The fact that apes applauded downsizing, and exploiting overworked store managers has never sat well with me. I still hold because this is my occupy 2.0. I don’t believe shorts have closed and I’ve come to terms that I will ride my investment to zero or til shf’s are imprisoned still holds true for me. After all, GameStop is the main reason why the mom and pop games shops in my town closed two decades ago. Corporations just fucking blow. 

Preach brother. He’s been so fixated on acquiring EBay because he think’s their established reputation the space makes it worth the price. But GME’s physical locations contribution is imo the largest part of the puzzle. Easier to code an auction site from scratch than to build a 1400 store physical network.

I don't think them revaluating their stance on ebay is a bad thing. Regardless of whether or not they are. Prudent business is changing course when necessary. The major issue with Ryan Cohen or any 'celebrity' CEO is that every move they make is hyper analyzed. The NFT marketplace was a failure. Ryan Cohen acknowledges he made mistakes when he first took over Gamestop, but look at it now? It is doing good. If they do change their stance on ebay it isn't even like they've lost money. So...who cares???

In that case he should backtrack on dilution/ authorisation as well. Only fair if he's revaluating his ebay stance

Oh look a stupidly negative comment that leads to no open and reasonable discussion posted by an account with their posts and comments set to private. 'Hurr durr, dilution bad'

Why not respond to the point he's making,

A company committed to long term growth raising capital by issuing shares is not a bad thing. We can see from their quarterly reports Ryan Cohen and his team have the ability to course correct a sinking ship, so I don't care if they raise more money at the expense of short term gains on the stock price.

This entire investment movement was based on the forced unwinding of short positions by locking the free float. We got pretty close to holding the float before several waves of dilution all but eliminated any possibility of that happening. You're allowed to criticize your CEO for making irrational decisions

The entire investment movement was based on there being a significant amount of naked shorts, the shares issued don't put a dent in that number.

How do you know that?

So locking up the float never mattered?

Right. So DRS didn't matter, buying more shares didn't matter...lol. Talk about rewriting history.

That might be your movement but not the CEO's. It's only irrational to you.

We supported ryan cohen as ceo as investors because we thought he was on our side. He's since said in interviews he never cared about gamestop he actually wanted to be ceo of eBay. Being invested in gme compared to even an index at this stage is irrational. There's better gains to be had in a savings account

He never said he never cared about GME you're being disingenuous. He said he never wanted to be CEO, which is accurate. Fact is gme was a dying brick and mortar business when RC took the helm and it is now more profitable than ever. Whatever you say cannot change that. Are shareholders being rewarded yet? No. Does that mean RC is a bad CEO? Also no.

Yes It's a more efficient company but it's also vastly smaller than when he started, it will take a decade for the company to scale back up to where it had been operating. It will also take years for the share price to recover to where early investors can recoup losses. It's bad business to punish investors while also using their goodwill to keep the company afloat.

So what that it’s smaller? Would you rather have a company that took roughly $6.5Billion in revenue but spent $7Billion to do so (erm let’s see, GameStop 2020) or a company that took $3.6Billion and had $420Million in profit (erm let’s see, GameStop now)? https://preview.redd.it/8471osqkyrih1.jpe…

The company is halved. Share price will reflect that and for investors that's a catastrophic decline. The company has been saved from bankruptcy but there's a long way to go before market trust will recover( if we're treating this as a long term investment stock now rather than a squeeze play)

It is bad for us, it hurts share price. He could do a share buyback. That helps the company and shareholders.

No? The purpose of the authorized shares being increased is so the company has the ability to raise interest-free cash immediately if ***any*** opportunity rises, not just eBay It takes months to negotiate loans with a bank on top of the financing fees and millions of dollars in interest that would be incurred With the increase in authorized shares, they can jump on an opportunity before it passes them by

That is a fair point to be honest and it would be great if he actually jumps onto such an opportunity

At this point I've seen this cycle a lot of times: 1) Rumors of something bad happening (CEO abruptly fired with no explanation, new distribution centers closing, FTX partnership going tits up, loopring partnership going tits up, NFT marketplace closing, bed bath and beyond fiasco, dilution into run ups, etc.) 2) Denial 3) Bad news confirmed 4) The same people who denied the bad news come out of the woodwork to explain how it was good, actually. So based on this I'm assuming the ebay offer withdrawal is true. We'll see what comes next I guess.

Meanwhile, no wider scrutiny or outrage on modern market mechanics abuse.

Bro these trolls are swarming you 😅🤣 The cockroaches hate light being shed on them.

Holy fucking BINGO. Every. One. Confirmed. But this sub loves to be anti-MSM so anything that gets published gets automatically shillified.

RC gave up his pay package, I trust him fully

That means ***literally nothing***. He is a billionaire. If RC came into this thread and decided to pay everyone's annual salary for the last 6 years as a thank you for investing, he would still make more off of interest alone than you will make in your entire life. Trusting him fully makes you cattle. Wake up.

You trust him fully, because he gave up his pay package? The BOD approval still stands. The POA age could be put to shareholder approval 5 years from now and the entries package would be in effect, retroactively. You should also consider that RC negotiated extensively for that package, thinking it was an appropriate CEO Performance Package. Deciding to postpone the shareholder approval vote does not change that.

You’re quite the cheap date.

not sure what you mean

Apes*

Wow, pretty insane shift in sentiment in the sub. Now any positive post will be downvoted into oblivion. I can understand if people would be disappointed if the deal would be indeed canceled, lots of potential synergy. But then, deal or not, Ryan bought almost 10% of eBay at a discount, where is this negative? But this does not feel organic, the tone reminds a bit of those frequent waves of options sellers invading the sub and behaving like pricks. And then, one day all the sudden they were gone. Before eventually resurfacing before the next IV crush. It seems RC is now ready to take action, be it eBay or something else. It is nice that all the sudden so many are concerned about us losing money. But then, personally I ask myself why would I sell now when things start to be interesting including record earnings?