Meck 🔟23

L2🏴‍☠️OG $GME 🚀tactile smooth brain
Short Destroyer OG69
PTTA #25
Wagmi Wolf Alpha
Wee Wee's Godfather
Roosters Squirtle Gang

[Meck 🔟23 @JustinMeckley]

This is my bride Mac-She makes art and writes about it. Believes in Jesus, good paint, slow dinners and learning to speak what's truth.

Check her out! @rnewton7777

https://t.co/IgZkfxolTw
meckley

[Meck 🔟23 @JustinMeckley]

@foxenflask @grok @heydomoshi I think I get the jist but could one of you explain in 5th grade terms

[Meck 🔟23 @JustinMeckley]

@heydomoshi Back to loopring days 😍

[Meck 🔟23 @JustinMeckley]

Sweet rip @powerpacks @gamestop #pokemonㅤㅤㅤ

[Paul Branham @BoilerPaulie]

If you were waiting until a Form 425 came out to read the Barrons interview because you didn’t want to pay for a Barrons subscription, today is your lucky day because prospectuses and communications about business combinations require public access to the information, even paywalled content

[Meck 🔟23 @JustinMeckley]

@Kyl0Z3n @ryancohen @TheRoaringKitty Sorry bud your just not that smart .

[bad robot ventures @foxenflask]

Everybody is busy thinking about how $GME is going to put together the money for the $EBAY acquisition, how the equity roll-in is going to work, and where they are going to find a therapist for their non-stop crying. But there is one possibility nobody has seriously considered and I’m quite shocked that they haven’t: maybe GameStop won't need ANY financing.

Why am I shocked? Look at the playbook Ryan Cohen already ran in the past. In 2020, RC Ventures quietly began acquiring shares of a struggling, mismanaged retailer, first a 9% stake, then about 12.9%. He wrote an open letter torching the board's internal incompetence, demanded a strategic review, and leveraged his shareholder position into three immediate board seats in January 2021. Within months the entire executive suite was cleared out, the board was flipped, and he took over.

He never needed to buy GameStop outright because he bought control and let governance do the rest. Fast forward to 2026, GameStop already holds roughly 9% of eBay and is still accumulating, and Proposal 4 on eBay's June 17 ballot would lower the special meeting threshold from 20% to 10%, a proposal that has already cleared 47% support three separate times. If it passes, Ryan only needs to reach 10% ownership to call a special meeting, force a board vote, install his people, and be effectively running eBay before the ink is dry on a single acquisition document.

From there he either accumulates the rest of the float over time like Buffett did with GEICO, or engineers a merger once he controls both sides of the table. That is Icahn's ferocity fused with Buffett's patience, and it is the one scenario nobody on Wall Street or Main Street has modeled. Have a good weekend 🍻

[Meck 🔟23 @JustinMeckley]

Late night rip @powerpacks #pokemonㅤㅤㅤ #silverpack

[Meck 🔟23 @JustinMeckley]

@ryancohen care to comment on the Left, Andrew outcome?

[Meck 🔟23 @JustinMeckley]

@RevRayCistman Wow.

[iamrpk @iamrpk]

Andrew literally Left

[Meck 🔟23 @JustinMeckley]

@powerpacks pull! Let’s go! @gamestop #pokemonㅤㅤㅤ

[bad robot ventures @foxenflask]

@TheMagnifishit What do we think is next target is after he gets eBay…….?

[Reese Politics @ReesePolitics]

eBay insider Rawashdeh Mazen, SVP, Chief Technology Officer, dumps $5,852,072 worth of stock in terribly timed form 4.

That makes $28,601,312 worth of insider sells in 2026 as opposed to $0 in purchases.

Starting to see a pattern here.

$GME

[Meck 🔟23 @JustinMeckley]

@pulte Interest rates too high! Help!

[Meck 🔟23 @JustinMeckley]

Hump day rip @powerpacks #mewtwo #pokemonㅤㅤㅤ @gamestop

[Meck 🔟23 @JustinMeckley]

@ryancohen "Since eBay executives refuse to buy their own stock, I’m also officially pledging my 1 share of $EBAY to Ryan Cohen’s bid. I will also throw in a half-eaten bag of chips and a used GameStop mousepad to help fund the deal. Let's get this hostile takeover moving! 🚀🛍️

[domoshi @heydomoshi]

OK HEAR ME OUT

$GME $EBAY

[bad robot ventures @foxenflask]

If $EBAY trades up to $125, the $GME derivative position is already worth somewhere between $927M and $1.47B depending on which part of the options book you’re looking at, with roughly $186M to $236M of pure profit sitting on top of an approximately $10M all-in entry cost, which is less than 0.1% of GameStop’s ~$9B cash on hand. Push eBay to $150 and that same position swells to somewhere between $1.5B and $2.1B, with $750M to $900M of embedded profit. Push eBay to $175…?

And the setup only gets more interesting when you look at the float: institutions alone own roughly 104% of eBay’s outstanding shares, insiders including Pierre Omidyar and Margaret Whitman hold another <4.9% each (non-reporting), retail accounts for a small slice on top of that, short interest sits at roughly 3.5% of float, and GameStop’s exposure adds another 6.55%, stacking the total well past 100% of the available float before you even factor in rehypothecation.

If GameStop even deploys 5% of its total cash on hand right now, this can turn into a generational trade for Ryan Cohen as our Chief Investment Officer at large, whether or not the acquisition goes through. Ryan delivered on exactly what he said: an investment* that has limited downside, and asymmetric upside. From a capital allocation perspective? The way he has set us up here is incredible, and going to protect shareholder capital at all cost while bringing the biggest ROI possible. And if we get eBay? A bonus as we become an instant $60B company, accretively per current share of GameStop.

Thanks Ryan Cohen. I’m voting YES on all.

[Meck 🔟23 @JustinMeckley]

@BhattiLaib9960 That is what it is

[Meck 🔟23 @JustinMeckley]

Saturday rip @powerpacks @gamestop