Adam Browne

Buy HODL DRS $GME

[JACKIE LE' TITS 👑🌈 @Comedyorwat]

Inside ownership of $EBAY will continue to rapidly deteriorate while $GME and Ryan Cohen continue to accumulate the stock at any price

People don't understand what's going on here

$GME is gonna force it's way on the board and will force Ryan's agenda whether they like it or not

[BigK 🛸 @BigK_3D]

the ebay ceo's sold more ebay shares? oh no.

$GME

[JACKIE LE' TITS 👑🌈 @Comedyorwat]

8 straight

[Bradley @buythefukndip]

So theoretically if $GME initiates a $2B share buyback at the bottom & price then goes above $32…

Warrants get exercised & the company raises $1.9B back? But issues less new shares than they bought back?

I sure would hate to be short right about now 😈

[Ryan Cohen @ryancohen]

https://t.co/kVPvOobXU2

[GameStop @gamestop]

GameStop reports highest quarterly net income in company history of $389.6 million. Highest first quarter operating income in GameStop’s history of $143.3 million. Net sales grew 14% year-over-year, driven by collectibles. Cash, marketable securities, digital assets and related receivables, and collateral pledged for derivative asset of $9.7 billion.

https://t.co/BAu3T6V9w4

[Adam Browne @browneadam1]

@Spotify A really good feature for Spotify Premium would be being able to organise the playlist order of my library. Easy to install and keeps customers happy

[Tristan Tate @TateTheTalisman]

Ukraine has likely attacked Romania in a bid to steal more money from the EU.

They re-directed a russian drone or more likely just fired on the city of Galati themselves.

I urge the Romanian people not to fall for these tricks.

I have this information on VERY good authority.

[Alex Stanciu @ProfStanciu]

So Ukraine redirected a Russian drone to strike Romania while they were filming it, just so people would believe that Russia attacked Romania.

Only an NPC would believe that.

[The White House @WhiteHouse]

They walk among us.

https://t.co/7HysdUuNVM

[iamrpk @iamrpk]

I just bought $6.98 worth of eBay stock

That's more than the entire eBay board of directors bought in the past 5 years combined

Let that sink in

[Ryan Cohen @ryancohen]

😂

[GameStop Power Packs @powerpacks]

Just pulled - Shining CoroCoro Mew.

Originally released through CoroCoro Comic magazine in 2001, this promo quickly became a grail of the Neo era.

[Teddizard 🔥 @TeddyPublishing]

Next filing from GameStop $GME

7.41% stake in $EBAY

right Ry dog? @ryancohen

[JACKIE LE' TITS 👑🌈 @Comedyorwat]

$EBAY SHARE PRICE AND $GME BALANCE SHEET

WITH A NEEEEEEW

ALLLLLLLLLLL

TIIIIIIIIME

HIIIIIIIIIIIIIIIGH

[JACKIE LE' TITS 👑🌈 @Comedyorwat]

No one is talking about this

$GME $EBAY

[JACKIE LE' TITS 👑🌈 @Comedyorwat]

Why's the market pricing $GME like they aren't up a BILLION fucking dollars on their $EBAY position?

[Anthony Pompliano 🌪 @APompliano]

FULL INTERVIEW: @ryancohen explains his plan to acquire eBay.

He unpacks his pitch to institutional investors, why eBay is so horribly run, and how Ryan plans to create billion in shareholder value.

$GME $EBAY

[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)

[JACKIE LE' TITS 👑🌈 @Comedyorwat]

If I was an executive at @ebay I'd be very worried right now

If I was a shareholder of $EBAY I'd be down right pissed

Sleepy, corporate management has been complacent in its duties of not only growing the business but providing value to its customers and consumers. The CEO and the insider ownership of the company seem fine with taking 100s of minions of dollars from the company in exchange for running frat parties and harassing customers who complain about their experience rather than addressing any of the legitimate issues and gripes they have with eBay

Shareholders should be upset because the management of eBay is doing you a disservice. They're happy to collect their next $250,000 weekly pay cheque while exclaiming that Gamestops offer isn't serious enough. They're happy to continue to let the company run itself through its buyers and sellers, rather than take the reins and drive the business towards delighting it's customers and making it's sellers feel like they're getting a great deal by using ebays platform

If Gamestops offer is "not attractive" as the eBay executives wrote, I'd be concerned as a shareholder. What is attractive? Burning $7 billion dollars a year for "research and growth?" Creating a culture of day drinkers that don't/can't do their jobs? Executives being paid 100s of millions while getting personal access to private company planes? Or how about the complete and total lack of ANY customer support both buyers and sellers on eBay have to deal with?

I believe this is the part where the bugs begin to scatter as Ryan sheds a little sunlight on the situation

All I know is, id rather have a CEO making $0 and is busting his ass to make the company I work for awesome, vs having whateverthefucks taking $25-50 mill a year in "bonuses" for changing the color or the font on the app to slightly less black in 6 years

$GME $EBAY