@idealideas I hear you, but Grok seems to think that the reorganization plan filled on the 11th was approved on the 14th with language changed from Reorganization to Liquidation
@KinKybbby@gjqwpbngk9@TrevorIRL@jake2b I think it just sounds a little self indulgent. Post your thesis/counter points and let him respond. If he honored everyone on X who wanted a live discussion with him, it would be a 24hr space… unrealistic
@PhantomBlack699 My question coming out of this video would be: If the speculation is that RC holds 50% of shares and NOL preservation only needs to bring along 50% equity. What does that mean for the other 50% (us)?
@dirtevader My question coming out of this would be: If the speculation is that RC holds 50% of shares and NOL preservation only needs to bring along 50% equity. What does that mean for the other 50% (us)?
@BobbyCat42mtHED Do you realize how mentally ill you look by replying three times to your own post in which the person you are quoting is "mentally ill" by your own definition? Notice this lack of logic? If you truly thought the person was deranged, there would be no point in engaging.
A number of extremely exciting data points from RC’s recent interviews:
To begin, Ryan is laying out the framework for a dual activist, value investment strategy a la Warren Icahn.
“It’s similar to Berkshire Hathaway, except what Berkshire did in decades we’re attempting to do in a much shorter time in terms of creating that much value,” said Cohen. “We can go in there and apply the Chewy and [GameStop] mindset of like brutal efficiency and increase the profitability of the company very, very quickly and so we could capture a lot more value by focusing on this under optimized asset, and then eventually we could move on to the next one, but, you know, we’ll see what happens.”
Similar to Berkshire, Ryan plans on finding undervalued companies with strong upside potential. Unlike Berkshire and more akin to a Carl Icahn, Ryan plans on taking an activist poisition to remove “sleepy management teams” replacing them with Cohen acolytes like Matt Furlong who can quickly eliminate bloat, increase efficiency, reduce debt, scale properly and ultimately create extraordinary value for the holding company.
But this isn’t necessarily the noteworthy aspect of Ryan’s ambitions. While combining the Buffet / Icahn investment strategies is somewhat novel, it is the grandeur of Ryan’s ambitions that stand out, particularly coming from an executive notoriously tight lipped regarding strategic initiatives.
“It’s gonna be really big. Really big. Very, very, very big,” Cohen said of the size of the acquisition. “It’s transformational. Not just for GameStop, but ultimately, within the capital markets … this is something that really has never been done before within the history of the capital markets.”
This is a bold statement from any public executive. From Ryan Cohen it’s biblical. There is no doubt that whatever is about to happen has not only been meticulously planned for years in advance but is essentially guaranteed to succeed.
First Ryan transforms GameStop into a lean, money printing machine where capital necessary to fund such a bold, ambitions plan will come. How does he raise that money? After long and arduous discussions with a compromised SEC, he agrees to forego a monumental short squeeze in favor of raising capital into cyclical bull runs created by legacy short positions desperately kicking the can.
But there's a problem still. An acquisition strategy is fraught with peril in the current market environment where legacy legislation provides Hedge Funds and Market Makers the ability to create infinite downward pressure on a target stock and those institutions that survive on legislated inefficiency do not like Ryan Cohen and especially the retail army behind him. Enter Bed Bath and Beyond.
In order to transform the increasingly obsolete market mechanics of the early 21st century into the instant settlement, blockchain backed model of tomorrow, Ryan had to expose the current system on an even more granular level than occurred during the 2021 GameStop sneeze. By taking an activist position in BBBY, a company the criminals could not allow to survive due to it’s position in the basket of stocks being simultaneously shorted to maintain illusory liquidity, Ryan essentially baited the enemy into an obscene degree of coordinated criminal behavior, all of which would be exposed in the inevitable chapter 11 proceedings to follow.
Ryan and friends gained control of those proceedings through brilliantly disguised funding that would grant him priority over the bankruptcy and thus guarantee that the market itself would essentially face a trial. In a series of backroom discussions the criminals would be faced with an opportunity to essentially fund the new system or face jail time and structural collapse. The weasels chose the former.
Ryan could not move forward with the bold plans we see today until the market could no longer surreptitiously strangle his target acquisition like they did BBBY. Of particular irony, the new owners of the BBBY ticker, soon to be acquired by GameStop, also own a controlling stake in TZero, the blockchain exchange that will revolutionize the market in the very ways necessary for Ryan’s greater ambitions to succeed. Two Birds, one Bear Trap.
Beyond that, it seems likely to me that GameStop will also acquire EBAY. What we are witnessing is undoubtedly a multi year plan coming to fruition. Ryan has been scouting this move religiously. Ryan invested over $1billion of his own money in a marketplace not too dissimilar from EBAY and by pushing for share buybacks through multiple letters to AliBaba's board, Ryan’s activist position provided him extraordinary access via high level discussions regarding strategy, capital allocation and growth plans that aren’t immediately public.
This investment appears to be a kind of fact finding mission. Along with Amazon, AliBaba and Ebay are considered the Big 3 marketplaces in the world. While they differ in tarket customer, they both represent globally relevant marketplaces with a significant amount of inherent similarities. AliBaba has a far more advanced payment system along with sophisticated AI integrated recommendations that increase conversions significantly. Ryan’s investment in BABA and the access it provides can act as a kind of apprenticeship for a role few people in the world would ever dare take on. Transforming a gargantuan marketplace into a cutting eadge global leader across industries.
Transformign eBay into a Web3 leader would then allow RC to acquire companies that are underutilizing the very marketplace he designed and optimize those companies according to proprietary models only he has access to. I mean, they did auction that Stapler on eBay and I heard it’s become a piece of modern art. Perhaps that was a bit the famous RC Foreshadowing.
The synergy between collectibles, TZero and eBay are undeniable. The tokenization of all manner of assets is inevitable and tommorow's economy will demand a leading exchange along with a leading marketplace where that tokenization can be both created and utilized. The marketplace and the exchange will inevitably have to integrate systems. Thus, they will be best served under the same umbrella. The Teddy Umbrella.
@Skeeter1Cali@jake2b The ONLY thing that doesn't make sense, is why you would be wasting time here. It has been THREE years. Dead, done, and dusted. And yet... here you seem to be