This could be us man, but you play too much bro @michaeljburry stop being a bitch n come back home, we forgive you, trust in Cohen man n keep playing the drums n log out, we gon make another movie for bro u dont worry
#Gme#ebay@ryancohen@TheRoaringKitty
Sat down with Ryan Cohen, CEO of GameStop, to discuss his early starts in business, why he took a stake in GameStop 5 years ago, and why Ebay deserves a new home.
Thank you to @ryancohen for taking the time!
Timestamps:
00:00 - Intro
00:50 - Ryan's Beginnings in Business
05:50 - Why Pets?
12:20 - Why Enter into Gamestop
15:59 - Gamestop's Future
18:21 - Gamestop's Retail Community
23:10 - Collectibles TAM
26:09 - Why Ebay
30:45 - Ebay's response to the offer
36:20 - Ebay's Live Studio Play
38:00 - Agentic Commerce
41:08 - Rapid Fire
Block the $EBAY acquisition by pushing $GME down. Block buybacks by pumping $GME higher.
The Cohen you knew doesn’t exist anymore. The goal is to acquire $EBAY. Expect strategy accordingly.
Ryan Cohen is playing chess and until you realize this nothing will make sense.
The $EBAY proposal was the spearhead. Half cash, half stock. Some might even say dilution.
To block the acquisition, $GME needs to be priced low - requiring more stock to finance the deal.
Enter… the buyback + Q1 earnings announcement.
This is the curveball.
To prevent the buybacks, price must be high. To prevent the $EBAY acquisition, price must be low.
This pits two sides of the trade against each other.
In the end, Ryan and shareholders are rewarded - regardless of the outcome.
Anyways, whats an exit strategy?
RC is a genius
$GME board's approval of a $2B share buyback authorization gives RC the ability to deploy cash immediately at these current, suppressed price levels
By repurchasing shares in the low $20s, the company drastically reduces the float and boosts EPS
Once the buyback forces the price back up, RC can turn around and issue new shares at much higher prices. This assumes the July 7 vote passes and he has an additional 1.5B shares to sell when needed.
If executed well, he may even be able to obtain massive amounts of capital without even touching the new 1.5 billion in authorized shares.
If the shorts try to double down and drive the price lower, they can buy back shares again at the lower prices.
Rinse and repeat
It is an endless financial loop
Can’t stop. Won’t stop. GameStop.
2 June, 2026: Historical Turnaround By Ryan Cohen
💣1,426% increase in Operating Income
💣769% increase in Net Income
💣 Almost $1/sh net income in FIRST Q
💣 $2B Share Repurchase APPROVED
THIS IS INSANE🚨
🚨1,426% increase in Operating Income
🚨769% increase in Net Income
🚨Almost $1/sh net income in FIRST Q
🚨$2B Share Repurchase APPROVED
GAMESTOP ANNOUNCES HIGHEST NET INCOME ⬇️ $GME