ICYMI - GameStop News Last Week
1. Ryan Cohen withdraws CEO performance award to focus company on eBay
2. Ryan Cohen Announces $500M personal investment into eBay transaction
3. GameStop projects FY2026 Adjusted EBITDA in excess of $600M
#proud
$GME (full links in thread)
@rnewton7777 … and will be in the SP500. This is where it would differ and imo, be a Tesla-like squeeze. Slow upward pressure and has stability incline due to positive financials and institutional buy in
@rnewton7777 Historically, expect volume to drop, then the price.
But also depends on GameStop’s play. They will mostly offer shares to get billions (again).
There is always that side of me that thinks the pressure will exponential. eBay acquisition changes things because larger market cap
BREAKING:
“..And this is something I haven’t spoken about before publicly…”
Ryan Cohen reveals the third prong of his eBay proposition (besides cost cutting and growing live commerce): his plans to make a digital in-game marketplace $GME x $EBAY
@rnewton7777 you know what was the best part about the recent Ryan cohen interview? He confirmed my (our) theory of digital collectibles with video games. After 5 years he finally told us his game plan. Couldn’t be any more bullish than before. Especially after he gets eBay.