2026 .... so far for GameStop Investors:
@michaeljburry bought a position in GameStop
@ryancohen bought 1.000.000 shares
@WSJpersfinance interview with Ryan
@Forbes interview with Ryan
@CNBC interview with Ryan
$GME in the newly Epstein files cause naked shorting
Next 420.69 $
@GoatBeardzDD Dont make it over complicated please
The Rorschach test is a projective psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation, complex algorithms, or both.
https://t.co/13rtr7uW5R
🚨🚨CITADEL & VIRTU FIERCELY FIGHTING NOT TO HAND OVER ALGORITHMIC DATA IN NWBO CASE
The algorithmic data is where the proof lives. It proves intent.
Citadel Securities and Virtu Financial are fighting for their life not to supply the algorithmic data that the Judge made discoverable. They are pleading with the Court to reconsider.
"Citing extreme trade-
secret confidentiality concerns."
The trading secrets is called
MARKET MANIPULATION AND SPOOFING IN NANOSECONDS ‼️
Currently the Judge is reviewing their arguments for reconsidering algorithmic data discovery.
One last time because I’m now blue in the face.
The market is treating $GME like the most dilutive interpretation of the eBay offer is confirmed.
Same with the $1.4B debt exchange.
So we have two major dilution assumptions being priced with incomplete terms.
Cohen described a rollover equity structure for the stock portion of the eBay offer. Using standard rollover-equity math & valuation assumptions, that requires over 700M fewer new shares than the spot issuance interpretation.
That’s an insanely massive valuation gap. All it takes is clarity for a major repricing event.
So why don’t we have clarity yet?
Well we do. Conceptually. Cohen explained the rollover structure across multiple interviews. What we don’t have is the actual transaction formula.
The better question is why the media stopped at explaining this deal as dilutive by over 1B shares.
Cohen seems to wonder the same thing:
“There has been a complete failure by the media to explain why this transaction makes sense.”
- Ryan Cohen
GameStop & Ryan Cohen are extremely easy to underestimate if you still think of GME as only a dying video game retailer. Only relevant because of its meme-stock status.
Without realizing GME’s quarterly net income & total assets are both at all-time highs.
It’s easy to accept the initial assumption of the offer & not reconsider GME’s ability to pull off a ~$50B acquisition with an ~$8B market cap.
To disregard the additional ~$18B they would need from TD when TD said it was “highly confident” up to $20B could be raised, assuming the combined company qualified for investment-grade financing.
And to ignore what Cohen described as accretive dilution through rollover equity on the stock portion which implies a value around $37/share.
So why hasn’t Cohen made the actual math clear yet?
He could in a detailed presentation or a TO, just like Valeant did with its offer for Allergan back in 2014.
Perhaps it wasn’t as “forthcoming” because waiting for financial clarity closer to earnings made more sense.
Or maybe because there’s less resistance on the stock following August OPEX.
Maybe we’ll never know the true strategy behind that.
But what if it’s just a partnership proposition?
Well, that could be advantageous for GME if the plan is long-term influence or control while reserving more capital. I’d think having a credible acquisition offer on the table would be added leverage if so.
But why retire $1.4B in debt?
I still think that was to keep the math flush in the offer just days after eBay completed its ~$1.4B Depop acquisition.
Anyway, I feel confident in this thesis, but if I’ve learned anything, conviction is a helluva drug. This story has been impossible to read.
Gambling with any positions accordingly is high risk and this could be disproven as early as tomorrow.
But if true, then there was another superhero all along. And he wasn’t a cat.
He’s Roaring Cohen.
That said. F*ck it. How about some tinfoil?
I find the timing very interesting with GME nearly revisiting the low following the May 2024 squeeze during August OPEX.
Just like it did before the May 2024 squeeze when it revisited the Feb ’21 low following the historic squeeze during April OPEX week 2024. The OI increases suggest Kitty started loading calls the following Friday.
I find it interesting that the following Friday from this similar August OPEX week is the 6-year anniversary of RC Ventures’ first GME filing on Friday 8/28/20.
Kitty already paid tribute to Cohen’s 9.001M position. Could this timing be another tribute?
I also find it very interesting that Kitty’s Time meme on Thursday 12/5/24 was 1:09 (69 seconds) out of 4:20 & there’s 69 days from 8/24/26 through Thursday 12/3/26 (excluding weekends and the holidays).
Kitty’s CHWY filing thresholds from 6/24/24 through 9/30/24 was also exactly 69 trading days.
But I find a lot of things interesting.
So at this point, regardless and always…
Suck my balls street 🥜
@Raeubertochtah Klar mach ich auch so - wenn sich mein Kind nicht meldet lass ich den einfach 6 Stunden rum stehen und kümmere mich nicht.
Wann war denn die Schule aus? 13 Uhr? Und bis 19 Uhr dann nicht gekümmert?
Witzbold ^^