GME

whalecaller

Good for you for selling GME

NoManner8863

I'm sure he graduated from GME University.

oklesgars

I know where you come from, but for me, the narratives are different. GME's one was "Redditors vs evil guys at Wall Street shorting a dying company". RKLB's one is more like "if executed well, this company might be the future, high risk high reward".

iAmPoorAFboi

I like the stock but can't stop feeling like this is some GME cult like behavior

jrodshoots

In terms of being hated on but CEO a founder... Look at Reddit right now. Down 50% from ATH but having 92% gross profit margin and 75% yoy growth... Like this feels like a no brainer but it's getting battered in price and has all the hall marks of a future 10x. Same as GME in my opinion. Especially if they do manage to acquire eBay they also might 10x over the next 10 years and tick all the same boxes but instead of the CEO being a founder he is buying in hardcore to become an owner. That's probably my other metric - is the CEO and board net buying or selling shares. Massive indicator if it's not a recent IPO (like Reddit which is normal for insiders to be selling in the few years after).

jrodshoots

And Superstonk (GME). I've never seen two subs absolutely lose their minds at short term negative price action when they are both onto absolute long term winners... I think. Remind me! 10 years.

soddie

Man GME bagholders are batshit crazy

xHomicide24x

GME

FrostieWaffles

People weren't kidding when they said today was a meme stock day. BB up 20%. Throwback to the GME days. Granted I'm seeing a handful of posts from the last year saying they've done a turnaround. Of course everyone posting in them was down on it because they're current or former bagholders

cogit2

If people are willing to buy GME, they are willing to buy legitimate, extreme-risk companies. But as RKLB shows: high risk rarely correlates with high reward.

EmbarrassedPart1256

Y'all remember $GME? don't sleep on $GMEX... $QUCY just seems topped out to me at these prices, but what do I know?

Dianazepam

They fucked everyone over with GME. How can you trust a broker that removes the sell button... People have short memories it seems

Jagged_Tide

Yeah super sad. We should organize a GME-style gamma squeeze but idek if that’s possible anymore. I remember being like 12-13 and seeing all these GoPro videos of people skydiving and snowboarding and mountain biking and surfing and shit and every single time it was “The Intro” by The XX playing in the background. Every. Single. Time. God I love that fucking song man, and I miss my youth.

PornStub

GME had dreams. HMR has cargo ships. Im autistic, I like ships, Im in!

EmbarrassedPart1256

If it's Fidelity then you can call them; I wouldn't recommend it though because the phone call takes like 45 minutes. It's why I changed brokers recently... It's also why I think this one has a ways to go to be a steady gainer, as a lot of people can't but it online, only sell it. That's some shit like Robinhood did with $GME...

broasca23

GME

esInvests

I started in 07 and as of last year maintained just over a 30% CAGR. It’s unequivocally worth it if you’re able to make it all fit. Theres a healthy dose of luck and that strange thing of “if you do what you like it doesn’t feel like work”. For whatever reason, I really like trading. I think I identified early this was something that could offer great rewards so I learned to love it and have stuck with it for almost 20 years. I’m 35 now and am fortunate enough to live a completely different life than most of my peers. 2020 was an interesting year but nothing too special. The total drop wasn’t that severe it was more the speed. My biggest memory was being upset that I didn’t get to fully scale into my positions because I was following my standard bear market playbook where they can last on average 298 days. 2020 and 2021 from a meme stock lens my primary play here was GME. I trade a lot of different profit mechanisms and had an alert pop for a weird volume block that kept pinging. I followed the flow to later find out it was roaring kitty and just ahead of the squeeze. Insanely fun. Rode to the upside got stopped then played the collapse and subsequent vol. 2022 was nothing that registered other than the market was soft. Simply leaned into non long market beta profit mechanisms: momentum, reversals, VRP, earnings plays, etc. 2025 also nothing really notable either, business as usual. For those that choose to embrace trading as what it is - hard work that like other careers can pay off if done well, it’s a great place to be.

breakyourteethnow

LAC, betting on lithium as EV demand continues growing, mine is of national security backed by Department of Energy and has a buyer for all its phase 1 production or GME for its EV. Buying when it's a hole in the ground, should 2x in the next three years being conservative.

mrpuma2u

??? Do what the old gawdz and new tell you when you roll the bones. I bought enough to sell me a covered call, so I already made a little and even if the call goes through and it moons, well I still made money. Profit is profit. We all want that GME crazy moonshot, meanwhile the old crusty traders are grinding out 5% a week.

V0mitBucket

Robinhood paid the largest fine issued by FINRA in its history for a plethora of issues related to their GME activities. Robinhood very intentionally fucked retail in favor of institutional when it came down to it. Fidelity did not. I personally would be several tens of thousands of dollars poorer if I used Robinhood instead of Fidelity. I’ll take a worse UI and net $165/yr less in my IRA 100% of the time over trusting my funds to a firm that would do the things Robinhood did.

Puzzleheaded_Knee891

I recommend GME and BBBY. Full send.

_churnd

This is old news but back when GME was going crazy in 2021, Robinhood quickly disabled the buy button for GME, only allowing the stock to be sold. Doing that caused the stock price to drop. Robinhood was one of the easiest platforms at the time to sign up on and buy stocks. Everyone was signing up & buying GME. Robinhood disabled the buy button to protect themselves. You can read all about it here: [https://en.wikipedia.org/wiki/GameStop\_short\_squeeze](https://en.wikipedia.org/wiki/GameStop_short_squeeze) I do wonder if they're offering these incentives now to try to repair their image. I still wouldn't trust them.

zxc123zxc123

>Market Sure w/e. I hate 🌈🐻s too. >Samsung, INTC, and semis like SOXX/SMH They've gone exponentially nuclear. They aren't to the moon but past Uranus. I've sold out of my INTC and gone to VOO. Cause I'm old enough to remember the last time this happened. I'll settle with my 3-4x or so. Even if folks aren't old enough or weren't into markets for the 90s .com boom, it's not like we hadn't seen this pattern with one-trick-pony pandemic winners like PTON/ZOOM/PFE/SNAP, meme stocks like GME/BBBY/AMC, crypto/NFTs, 2020-2021 junk IPO/SPACs like [HKD](https://www.reddit.com/r/wallstreetbets/comments/xeaavv/hkd_47_this_morning_half_an_hour_ago_it_hit_275/), etcetcetc. Anything with the potential to go nuclear on the upside also has the potential to do so on the downside.

Alarming-Yam-5624

Buy GME and hold

Alarming-Yam-5624

Buy GME

SoDakZak

34 year old who is at peace with my aggressive side. I hedge that with my wife and my 401(k)s being in market matching things. As far as I can figure, since we started at 20, we should see those alone be 7 figures, I build homes so there’s a lot of housing costs I was able to sweat equity through both on the builds and on the maintenance which will be huge savings over a lifetime. We also have life and disability in case the worst happens. Our mortgage is at 2.5% so no need to aggressively pay off and other debts are averaged around 3.75-4% and could be paid off in a pinch, 2 of the three will be paid off within the year anyways. Our Roth’s and a brokerage account for when those are fully funded get the “rest” we have artificially lived paycheck to paycheck which is the backstop to budgeting to keep our spending down… the rest gets invested in single stocks with the goal of holding for decades. I don’t trade\*, I held tesla from 2013 to last year and GME was a double in a few weeks…. So I’ve never sold at a loss. We now hold a significant position in SoFi which admittedly is priced for accumulation this year again, when rates change, I suspect that has incredible upside… but that’s my own thesis. Have yet to sell for a loss… or frankly, anything under a double (GME). My career in construction shouldn’t be replaced by AI as soon as many others (if at all) in my career. My wife’s job as a personal trainer should be good for the foreseeable future. South Dakota also has such low cost of living compared to many I see in these threads, so that helps in our specific situation

temporary-account-

Can’t stop gooning with others. He’s dating someone tho. He feels like GME bag holders who bought the top.

amartya_dev

Needs sustained volume above $16.10 more than “squeeze” hype imo. SOFI’s float is massive, so it’s harder to get a true GME-style squeeze. But if macro data is favorable and it reclaims $16.50 with strong volume, I could definitely see momentum/gamma effects pushing it toward the high $16s. Below $15.20 though, the whole setup probably cools off fast.

androidfig

Yeah I was in this at .75 back in 2020. Should have put my entire balance into it or GME but I was stupid and I “diversified”.

Mocker-Nicholas

1. It wasnt just Robin Hood. Other brokerages also froze buying and only allowed selling. 2. It wasn’t just GME. It happened to blackberry as well, and I think a few others. 3. Yes it was a conspiracy. The major brokerages and firms co-conspired to freeze trading to prevent themselves from taking massive losses. Altering their agreement with their users temporarily when that agreement became unfavorable to them. The prob open with that is people bought stock before they had changed those rules. It was certainly, without a doubt, a criminal conspiracy. There was just no political appetite to do anything about it because the people involved, and the people who prosecute and make laws are the same people.

Callec254

They were the first major broker to basically cheat and stop selling GME stock. So that turned a lot of people off.

Mocker-Nicholas

They did it with multiple stocks. Not just GME. It was a horribly obvious example of the owners of this country just changing the rules once they weren’t working for them.

theflintseeker

The biggest thing is the platform wouldn’t get us buy GME. Ostensibly due to a liquidity issue but we can’t know if it wasn’t actually to prevent a short squeeze. I closed my account after that since it’s not a grown up trading platform.

BigGillySuit

Def pickup .0003$ of GME just in case it moons again

moldymoosegoose

haha I literally just saved a comment saying that too. I hope it works out for you but that subreddit is full of GME type nut jobs and it's loaded with misinformation. I would be very careful at that market cap. ASTS is a company full of liars.

moldymoosegoose

I fear the ASTS subreddit has diluted your mind. Those people have a fundamental misunderstanding of what Starlink satellites can do and no, tmobile did not abandon starlink. Tmobile signed an exclusive contract with Starlink years ago that expires at the end of the year. The rest of the US carriers signed with ASTS because it was the only option. They are non exclusive agreements and those contracts are meaningless. They're simply revenue sharing agreements. Starlink has also signed these all over the world. The only exclusive contract has is Vodafone and ASTS can't sign with any other carriers in those countries either. That subreddit is full of garbage misinformation and similar to the GME type subreddits. Even v2 starlink will have better capacity than all of ASTS satellites just due to the sheer amount which allows higher bandwidth across smaller footprints. ASTS tricks people into thinking they'll get 100mbps because they test a single phone on their satellite in the middle of the ocean. Their satellites cover huge swaths of land so even a tiny amount of devices will saturate their connections. Starlink v3 is lights out for ASTS if starship can actually consistently launch. Every scam tech company sells you what their tech will do years out as if it can be done today, they slow burn you as time passes to get you to forget they overpromised as competitors on the real technological timeline progress at the true rate of improvement. ASTS is having trouble launching satellites that will already be outdated by orders of magnitude by the time their constellation is even fully live.

mulletstation

Bro I have a 6-figure position in ASTS but this is delusional GME style thinking.

Big_Wave9732

It does indeed. Dividends and the free cash flow they come from are a sign of fiscal health in the company (assuming the company is fully covering the dividend with revenue. If they aren't that's a different story). A "non-dividend" company with free cash can always declare a one time distribution if they want to. However typically they don't, they use the money on operations, expansion, stock buybacks, or like in the case of GME they just hoard capital and collect the interest.

SirGlass

>when a company declares dividends, the value of the stock goes up by that dividend amount over the intrinsic value, because it's guaranteed to pay out. I do not think this is true. Like lets say a stock has 9 billion cash, but its market cap is 10 billion this is an extreme example but it does occur (GME for example is like this) If GME said "Hey we are going to pay out that 9 billion cash as a dividend" you would not expect its market cap to magically go up to 19 billion, then drop down back to 10 billion That would not make sense as now its GME less 9 billion cash, it would drop to 1 billion .

virtual_adam

Betting against GME fed watch has historically been dumb. Fed watch has us at the same or higher fed rate until at least the end of 2027

energycrystal7

I miss pre-GME DDs. That was such a great time to learn

Nimmarts

Yep, supress that fomo feeling and think in 2021 when everyone was feeling GME fomo, all these current opportunities were there waiting to explode. It’s the same right now just start researching and building some theses for the next plays in ~3-5 years.

Boys4Ever

Track oil and 10y yields daily and those two have not aligned with this rally. Clearly FOMO bros in control which I don't recall ever not ending badly. Fact the same as sentiment from retailers about attacks on anyone questioning memory prices looking eerily similar to AMC/GME defense seems to amplify the fact this is FOMO buying based on illusions of hitting it big vs fundamentals. FOMO makes other happy. Retailers never seem to grasp that dynamic and might be strongly influenced today by the too lazy to figure it out or work it out crowd looking for that lotto ticket and wanting to hear only that which supports their thesis even if they don't fully grasp that thesis.

PurpleCableNetworker

GME, AMC, DJT just to name a few. Really any “pump and dump” style stock. I would even go as far as to lump MSTR in that bunch too. Basically everyone buying in because it’s shot up, which creates movement upwards increasing the price… then people start dumping.

Le7emesens

Your idea that the last investors (typically dumb money aka retailers aka folks here on Reddit aka your audience of your post) are buying at peak then get screwed by institutional ones is, as old as the stock market. Same thing with the contrarian strategy of buying when everyone is fearing. You're not wrong, but these ideas are as valid as... having the power of hindsight. Without that power, no one can't tell where the peak is, when the bubble ends or if it's even a bubble. And everything goes down eventually. AAPL and other tech stocks are great examples that had people listened these archaic advices nack in mid-2010s, they'd completely miss out the massive returns that still ongoing today. David Gardner and his strategies are also a living proof challenging easily those ideas. And countless of other successful investors and traders who are non-institutional. Fyi, Gardner typically buys when everyone says its damn too high! What I added new was: All this archaisms are essentially based on the outdated notion of institutions Vs. dumb money retailers. That perhaps used to be true before the pandemic but a tech shift happened during covid making dumb money less dumb and today the lines are much more blurry blurred. It's not that easy for institutions to screw retailers anymore. GME was the perfect example. Retailers are a force to contend with, because many are finance professionals or as savvy as professionals or are using smart tools and have access to data that folks would not have access back in the days. And they can gang together to screw instituations the same way institutions would. That's my newer stuff. Honestly i would not have commented if you had not put a flair, but seems like you were just venting out and then had the audacity to put a "resource" flair. I don't see anything in your original post that warrants the resource flair.

benaffleks

We've had this exact same talking point like 10 years ago when GME ran up, anyone remember?

EEcav

Isn't that what Melvin Capital thought about GME?

ThreeTonChonker

WSB are degenerate options traders these days. At least before the whole GME drama the sub was legitimately entertaining and informative. Now it’s just astroturfing for dumb bros.

random-notebook

Uhh, no? GME and old wallstreetbets was about exposing corruption, with great memes. Now everything sucks

GreatStateOfSadness

It's not as good as the early days but is still leagues better than it was during the Gamestop fiasco. It's tough to paint your community as anti-private equity and anti-establishment when your mascot is literally modeled on Donald Trump.  Thankfully most of the GME cultists and get-roch-quick schemers have slunk back to their own dedicated subs. 

j1022

Trash non profitable company. This needs a major catalyst to get retail investors to buy in, to make this thing push hard. These shorts are smarter now its not like GME where no one expected retail to push a stock like that. They’re much more prepared for it now and there are no catalyst for this stock to sending it shooting up. I’m not real sold.

Smooth-Limit-1712

Man, it's frustrating when you put together detailed analysis and it gets pulled. I hear you on that. Float calculations can be really tricky and there's often a lot of debate around what's truly tradable. You've clearly dug deep into LCID's filings here, and that GME comparison is always going to get people paying attention. Good luck watching how this one develops.

choochoomthfka

This is a super disingenuine comment. If you zoom out just another half year, you have GME at +600% and Ebay at 123%.

kipdjordy

Has anyone checked out some of the delusional posts on GME? How they think this deal would have increased their shareholder value and make GME like 65b in market cap? Pure comedy gold.

infected_scab

How much eBay do you have? How much GME?

Sxover

Ive been on reddit for the past 7 years. In subreddits like Wallstreetbets and stocks and shortsqueeze and many others, I have heard about GME before it ran, nvidia, sndk, mu, rklb, quantum stocks. So many stocks, that could have made me life changing money. But I have also heard about countless stocks that didnt lead to anything and just dropped. Its hard to filter the noise, but if you pay attention you will always find people talking about the interesting plays

anarchy_pizza

eBay shareholders getting 2.x something shares of GME plus the $ from what I read. There’s a solid DD I believe to be true on what happens with the accretive dilution that will occur. I’ll try to send it to you if you’re genuinely interested. Roaring kitty said it perfectly a few years ago— if you believe in Ryan cohen this will be a great, if you think he’s a dufus then don’t invest. I think Ryan cohen is smart, reliable (although he’s a childish meme lord at times) and stands for capitalistic ideals I also believe in. I genuinely believe he will transform eBay into something MUCH more profitable than it currently is.

Freaudinnippleslip

But you wouldn’t be getting 125 a share, just 62.50 and a GME stock that’s would be loaded with 20b debt? Do you currently have GME holdings as well as ebay?

psymeariver

What is this, GME sub?

anarchy_pizza

GME is debt free and just crushed their earnings with a horrible bitcoin return. Next quarter is going to be off the charts with their power packs open to the public. If you don’t agree that’s fine but just keep an eye on it.

bitflag

Why would you want to trade eBay shares (which is a good albeit sleepy company) for GME shares (which is a meme stock and decaying business)? Thus ain't an all cash offer.

MarloChrisSnoop

Send it. Short squeeze him like GME/AMC days 🙌

Jeff__Skilling

Not if they're receiving ~$30 / share in cash and the remainder in GME shares

PuzzleheadedWeb9876

Do you have a source for this? And how do you know all of that is GME shares? Because short interest today says otherwise.

Business_Raisin_541

GME has lots of cash and if Cohen can find bank willing to give him lots of debt, he can pay full cash to Ebay sharholders

SirGlass

He only did that by diluting share holders and doing the most boring thing with the money in the world that ANYONE can do . Buy treasuries No eBay share holder wants to be diluted . They are all going to vote NO for this because unlike GME share holders they are not in a cult They invest to actually make money

vwin90

The thing though is that a thesis can be correct and it never plays out and then a thesis can be wrong and it runs. So a lot of time you read a thesis and you’re like “okay I’m convinced” and then nothing comes of it. And the GME thesis was absolutely clowned on, I don’t know at what point you jumped in. DFV was laughed at until he wasn’t. Even a lot of people who jumped on early was doing it for the memes. And then when it did its first pop, there’s no way you can claim that all the DD was quality DD that made sense. It was a sea of conspiracy ramblings. The stock price just kept going up, which made people entrenched in the conspiracies.

FREDRS7

I'm not sure I agree with that, sometimes you read a thesis and just everything about it just clicks. For example the original GME thesis's when it was like sub $10 pre split, the initial GME blow up didn't happen by accident, it was because the thesis was compelling to a lot of people. I had never invested in a reddit thesis before that point.

SpicyElixer

You didn’t own GME 6 years ago. And if you did you missed a huge payout.

Solid_Medium_5454

Did they ever sell for $62 and GME shares though?

Solid_Medium_5454

The fact that you thought this was a relevant response to it being a bad deal for the consumers is hilarious and very telling of the average intelligence of the GME fans

EnvironmentClear4511

I don't deny that GME had an absolutely massive spike in growth, and if you held their stock prior to that and were able to make a lot of money, then I congratulate you on your success.  However, wouldn't you agree that what happened was an extremely rare event? The odds of it happening again and certainly the odds of being about to correctly guess when and where it'll happen are very low.  Most of the GME fanboys only got in after the fact based on false promises of absurd financial gains that were in no way realistic. They've been stuck with a stock that has been slowly deflating over the last half-decade with no obvious end in sight. 

psychonaut_gospel

Whats that mean? Sold? No, no plans on selling anytime. Waiting or a dividend or something, otherwise Ill hold to zero or Valhalla. Personally, I feel the tides are changing and GME is just a byproduct of these changes

psychonaut_gospel

Ok, let's cherry pick. I personally bought $GME as a first time investor with a shit app in 2020, right after a life changing event that had me looking at the world a little close. While we're at it, Jan 2021 is what catapulted me into wanting to learn more. And crowd sourced research also came into my perspective. With that said, let's compare from the day I first bought to now. An investment of $10,000 on May 12, 2020, would be worth approximately: ​$VOO: $25,700 ​$GME: $221,670 ​ Considering my new IRA had $4,700 the numbers are a bit different, but I asked Google. So they gave me a 10k base

The_vegan_athlete

Of course you can't *say* it. This definition doesn't work: there is no *public* rejection. It's an inorganic rejection from people under NDA living in low income countries, fulfilling their best efforts obligation. I know there are some people who don't believe in RC or whatever, but I'm not talking about that. People who care about me investing in THIS specific stock, begging me to diversify my investment and "don't put all your eggs in one basket" etc I've never seen this kind of perserverance to make me sell this stock and invest elsewhere. Also this sub doesnt allow everything positive about GME, only negative stuff. They removed an analysis only based on the financial statement of GameStop, nothing more, and not talking about the squeeze.

Both-Personality7664

Even better they can trade it for magic beans immediately after they receive their GME shares. Then it would be like they receive an all-Jack offer.

EnvironmentClear4511

I said nothing about an exponential increase. The company already owns the stock. Converting stocks to cash just means they have more liquid assets. It doesn't inherently make the company more valuable and thus isn't likely to have an impact on the GME stock price.

degenerate_account

I get where you’re coming from but mechanically the 34b in post close equity (not 27b as in your example) is the way the market transacts. GME will contribute 7b to the combined entity meaning that cash will be on the balance sheet of the pro forma entity and eBay shareholders will own a chunk of it (otherwise they would dividend it out to the GME shareholders). You can think of it this way. GME contributes to the combined business both 4b in operating assets AND 7b in cash (the value of GMEs market cap). New company equity value is 4b GME operating assets+ 50b eBay operating assets - 20b in debt = 34b Remember GME contributed both 4b in operating assets + 7b in cash So 11b/34b = ~32% GME ownership. This is all done by NOT adjusting GME’s stock price and this is how investment banks model mergers. Economically, we are saying the same thing though (I’m saying GME shareholders get larger percentage of a bigger pie, you’re saying they get smaller percentage of a smaller pie).

EnvironmentClear4511

Yea, numbers matter. Like the numbers of GME losing nearly half its value and VOO gaining 75%.  If you want more numbers then look at their revenue. It's been steadily dropping for years. They've turned a small profit only because they've been contracting the company. They're still heading in the wrong direction.  https://www.macrotrends.net/stocks/charts/GME/gamestop/revenue

EnvironmentClear4511

But were you holding large amounts of GME stock 6 years ago? 

Danne660

I shit talk GME a lot in the hope that it will make people buy it, because people who would buy it just to spite people for telling the truth deserve to lose their money. Totally worth it. I hope this comment makes you buy a couple more shares.

SirGlass

Well you cultist wander out of your echo chamber cult and start spreading internet disinformation to pump your stock and convince gullible people to invest . Remember when you were yelling at ALL to dump their life savings into a questionable company that is now down 40% over the past 5 years? Stop shilling . If you want to invest in GME go ahead but stop shilling it to others

psychonaut_gospel

Vision, I have invested in vision. One that I share and believe is deep value. Without arguing with a stranger on the web. All one needs to do is look at the balance sheet. Also, I'm pretty hyped about the powerpacks. General public has no idea what steamroller the packs are! Mush love stranger! Oh, and ETFs scare me. Basically wanting risk, but trusting someone else to manage it. (My opinion only) got plenty of family that have tried convincing me to become a boglehead, voo investor. But I have successfully showed them the light in GME. Im not a financial advisor, so all I can do is say check the numbers. Dyor and form an opinion yourself without mainstream opinions to help. Numbers only, nothing else. Don't buy the short squeeze narrative, pretty sure its gonna be a massive. Also, I just like games. Like a lot.

SirGlass

>That bit doesn’t add up against the structure of the actual pay package. I explained how it does it only has two components Market cap and ebita He can increase both through mergers , an all stock merger creates zero share holder value at least in the short term . He can take GME a 10 billion company , merge it with a 10 billion company and after the merger be CEO of a 20 billion company "Well I 2x our market cap and increased EBITA pay me" He created ZERO share holder value in this case .

SirGlass

>Its down cause the squeeze never ended. Short squeezes pop and go away, this one has had to be slowly forced down over 5 years, only to pop again in 2024 Yes when RK did another pump and dump >They'd be offered compensation matching a value of 125 a share, an almost 16% premium on the price now, thats why they would take it The math does not math They get $62 cash , now that cash is paid for by debt loaded onto the company Now they get shares of a company they already own, but now loaded with the debt to pay them cash? Its like a company taking on debt to pay a dividend, there is no value added here. Part of the cash will come from GME 9 billion cash , however you take 9 billion cash from GME you are left with 1 billion of GME once you take the cash out; there is no real value adding GME into eBay. >Ebay insiders havent bought a single share in 5 years, they're there for bloated compensation packages RC would remove (he receives no pay now), thats why they said no. Now it becomes a shareholder vote by fiduciary responsibility, it becomes hostile now RC has a bloated compensation package that has a giant loop hole. It does not require him to actually increase EPS or add any share holder value. He has a perverse incentive to dillute his own share holders to increase market cap by mergers not by organic growth Take this example , GME worth 10 billion for easy math. They find company ABC also worth 10 billion and propose an all stock merger ABC says no, so RC says "But wait ABC will own 2/3rds of the shares" so they agree Now GME share holders own 1/3 of a 20 billion company , they get diluted down to 6.66 billion of owner ship in the new company However RC can say "I doubled market cap and increased EBITA pay me a billion dollars" RC created zero value , all he did was take two companies and merge them together . GME share holders lost But he still meets compensation target and gets a performance bonus despite adding no share holder value Talk about perverse incentives , his whole incentive structure it to dilute GME share holders . Any one who has not drank the cool aid sees this as "VERY BAD"

SirGlass

I did make points GME performance over past 5 years is -40% eBay is +90% GME plan is to pay half cash , of what its borrowed from ebay Then give ebay shares in return, its an objectively bad deal for eBay share holders and wasn't a serous offer to begin with. Why would eBay share holders want to take cash for half their shares essentially , then be left with half their shares remaining loaded with debt?

1-Dollar-Doge-Coins

> I see a positive trend in profit and all that while reducing revenu means the company is more efficient than it was before. Wouldn't you like to make 1800% more profit that the prior year and then another 200%? It's not about whether or not GME has become profitable. It's about how you deploy YOUR capital and the opportunity cost of doing it suboptimally. Maybe GME is doing fine, but there are a ton of other places where your investment would pay off in a much more significant way. I could start a business tomorrow and earn $1 in year one, $100 in year 2, and $1,000 in year 3. You might look at it and say "WOW almost a 100,000% increase!" but you would be dumb to invest in my $1,000 net income business.

SirGlass

You out of the cult buddy . A 0% loan is still a loan and its in convertible notes that may end up in more dilution Unless you are a member of the cult dilution is bad, I get you are from the cult sub and you post only positive things about GME but this is not your echo chamber. Normal people are not as delusional as you and care about returns, not cheering "Your team"

Oaker_at

Worst part of any news about GME is that those conspiracy nuts invade the normal subreddits for some weeks. Until they get diluted by cohen and retreat again while getting mocked into oblivion.

--GrinAndBearIt--

Oh so people are allowed to post about GME as long as its negative? Got it got it got it.

FUCK_NEW_REDDIT_SUX

If GME could dilute that much without losing an insane amount of value on the shares, they'd do it themselves and pay straight cash. They won't be able to dilute more than the entire current float without massively tanking the value.

Remarkable_Cat_8696

If the eBay shareholders agree to the premium GME suggested, can they sell the shares immediately after they receive their GME shares? Then it would be like they receive an all-cash offer.

JazzlikeEntry8288

"[EBay Inc.](https://archive.is/o/rsC6e/https://www.bloomberg.com/quote/EBAY:US) rejected a $56 billion takeover offer from [GameStop Corp.](https://archive.is/o/rsC6e/https://www.bloomberg.com/quote/GME:US)Chief Executive Officer Ryan Cohen, calling the unsolicited bid “neither credible nor attractive” in a [letter](https://archive.is/o/rsC6e/https://www.bloomberg.com/news/terminal/TEX540OW0PAA) from Chairman Paul Pressler on Tuesday. Gamestop couldn’t immediately be reached for comment. The rejection potentially sets up a proxy fight to replace eBay’s board with one favorable to a GameStop deal.  Cohen last week offered $125 a share — consisting of 50% cash and 50% GameStop stock — to eBay shareholders, a 20% premium to the stock price the previous Friday’s close. GameStop’s market value is about $10 billion, less than a fourth the value of eBay. The company plans to borrow $20 billion to help finance the acquisition. Cohen pledged to find $2 billion in cost savings within 12 months of the deal closing and suggested that eBay CEO Jamie Iannone’s spending on marketing has been wasteful. Many investors are skeptical that Cohen can get the deal down because he hasn’t fully explained how he’d pay for the acquisition. EBay’s online marketplace has 136 million users who spend about $80 billion a year on the platform. The company’s 2025 revenue totaled $11.6 billion, mostly from commissions. It also sells advertising and makes money processing payments. GameStop operates about 2,200 retail stores in the US, France and Australia after shuttering 227 locations last year. The retailer generated $3.6 billion in revenue in the 12-month period ending January 31, mostly from the sale of gaming hardware and collectibles. In his takeover bid, Cohen said GameStop’s 1,600 US stores could be used to authenticate collectibles sold on eBay as well as shipping centers for goods sold on the e-commerce platform."

outphase84

> GameStop revenue has been cut in half the last 4 or 5 years.  If cash on hand is "largely irrelevant" but things like growth rate or profitability are important, why the fuck is a company with single-digit profit margins that's shrunk to half it's size while the gaming market has actually grown, worth $11B? > Because FY25 GameStop’s net income was $418M. It's not.  The business itself is worth about $2B and it has $9B in cash, making the whole worth about $11B. And they have $5B in debt, which if we go by your valuation formula, would make the whole thing worth $6B. Free cash flow is important ti valuation, cash on hand is not. GME’s FCF is around $600M/year and has been rising YoY for two years now.

plumpypenguin

maybe if it was an all-cash offer I guess, I don’t really see why eBay shareholders would want GME shares when the company would be saddled with nearly 30 billion in debt and Cohen’s years-long tenure hasn’t improved the stock price

Phuffu

I love cracking jokes at GME degens. It’s been over five years and they still deliver the laughs.

Zealousideal_Look275

Exactly, no eBay owner is going to willingly trade their stock for GME stock without a large premium 

gnetc

Time for GME to drop 25% back to the doldrums, bye bye!

jennysonson

They dont. 90% of ebay is institutional shareholders who have ebay in their etfs. They prefer ebay’s consistent low risk growth over volatility and debt from GME adding into it.

plumpypenguin

Cohen says he’s going to take the bid directly to shareholders, but I don’t see why eBay shareholders would want him in control when you look at the performance of GME since he took over lol