Simulation Donnie

I like video games, science, technology, critical thinking, and of course $GME.

[Simulation Donnie @Glitch_Guide]

@trvsrdrgz2 Nice, i’ll have to take the wife to see it.

[Simulation Donnie @Glitch_Guide]

@mistressdivy @PeterRHann1 Tall whites, greys, norweigans, and reptilians.

[Simulation Donnie @Glitch_Guide]

@Comedyorwat I love this part of the movie lol

[iamrpk @iamrpk]

New GameStop 425 filing literally just dropped

[JACKIE LE' TITS 👑🌈 @Comedyorwat]

Remember this after they call Keith the bad guy

[Simulation Donnie @Glitch_Guide]

@Comedyorwat

[Simulation Donnie @Glitch_Guide]

@unusual_whales We would have no choice. They make too many of the leading-edge chips (about 90%) not to. With how much Ai makes up the market a loss of that magnitude would absolutely shock the market and U.S. economy. It would also give China a technological edge over us including military.

[Simulation Donnie @Glitch_Guide]

@IGN I don’t buy many Lego sets but I might have to buy this one.

[Simulation Donnie @Glitch_Guide]

@Han_Akamatsu I’ve been adding on the dip and thinking of getting ITM call options that are far out.

[Simulation Donnie @Glitch_Guide]

@IGN The best Middle Earth games died with Monolith Productions being shut down.

[Simulation Donnie @Glitch_Guide]

The dumbass engagement grifters on this platform get worse and worse I swear.

[Simulation Donnie @Glitch_Guide]

@unusual_whales China actually said Iran has a right to clean nuclear energy and commends them for their commitment not to build a nuclear weapon. They said the region shouldn’t be militarized, but they should be allowed civilian enrichment.

[Ryan Cohen @ryancohen]

🎯

[Paul Branham @BoilerPaulie]

Allow me to translate this letter from eBay for those who don’t speak legalese:

Ryan,

We got your unsolicited offer to buy eBay for $125/share (half cash, half stock) supported by your 5% economic interest in eBay.

Our board, backed by the usual crew of bankers and lawyers who get paid either way, “thoroughly reviewed” it.

We’re rejecting it. Not because the math doesn’t work. Not because the highly confident letter from TD Securities for up to $20B on top of your $9B+ cash pile is fake. None of that.

We’re rejecting it because your entire approach to running a company is an existential threat to how we like to operate here.

Here are the reasons we feel this way, and the things we considered before paying consultants to write this:

1) We’d rather keep milking eBay as a “standalone” cash cow than let you turn it into something bigger and better.

2) Sure, you’ve got real financing lined up and you “know people” with deep pockets, but we’re going to call it “uncertain” anyway so we don’t have to engage.

3) Your plan would actually force real long-term growth and profitability changes we’d rather not be held accountable for.

4) The debt we pretended you can’t even obtain, the operational integration and focus on seller satisfaction, and most importantly, putting someone like you in charge of the combined entity all sound like a nightmare for our current leadership structure because all of us would have zero job security.

5) The valuation math only looks bad if you ignore the 46% premium you’re offering our shareholders and the upside from fixing eBay the way you fixed GameStop, which we are choosing to do and hoping nobody notices.

6) And I hope we buried the lede far enough here: Your governance and executive incentives are completely incompatible with ours. You and your board take zero cash, no salary, no bonuses, no golden parachutes. You buy shares with your own money and only get paid if shareholders win. We, on the other hand, like our nice, reliable annual payouts regardless of whether the stock is flat or the company is just coasting. We’re not about to hand over our golden goose to a guy who eats only what he kills.

Look, eBay is “strong” and “resilient” in the way every entrenched public company says it is while handing out eight-figure checks and perks to the C-suite. We’ve done the usual incremental stuff: tweaked the marketplace a bit, returned some capital, and we’d like to keep doing that without any cowboy from GameStop coming in and demanding actual skin-in-the-game accountability. Can you just leave us alone?

Our team remains focused on protecting the current regime and delivering “value”… mostly to ourselves and our consultants.

Thanks, but no thanks,

Paul S. Pressler
Chairman of the Board, eBay
(And proud beneficiary of the status quo)

[Simulation Donnie @Glitch_Guide]

@Comedyorwat @TheRoaringKitty In the last week alone I’ve counted about 41 negative articles written about GME in one form or another from mainstream financial news sources.

[Simulation Donnie @Glitch_Guide]

@ThrillaRilla369 I have a good one to keep on the back burner.

[Simulation Donnie @Glitch_Guide]

@unusual_whales Yeah, just like the WMD Iraq had. Cool buddy.

[Simulation Donnie @Glitch_Guide]

@Tusk_4Real People rather have their kid live in a little bubble than experience life because of possible dangers to them that have always existed. I have a friend who hid in a Starbucks bathroom from a doctor because the doctor’s visit made his kid cry. Easy times create weak people.

[Simulation Donnie @Glitch_Guide]

@trvsrdrgz2 And those fees have slowly crept up hurting your bottom line. I sell stuff at public markets now because I pay a flat table fee and can sell as much as I want without being raked for my profit. Not to mention they hide ways to charge you even more fees, especially in advertising.