Dutch Tender Guy

[Dutch Tender Guy @dutchtenderguy]

Can anyone name a company that $GME can acquire that has a >25% unlevered FCF yield? Even if you include cost savings and synergies?

[Dutch Tender Guy @dutchtenderguy]

@larryvc or @ryancohen can you answer this? If not, then the clear answer is to buyback our own stock!

[Dutch Tender Guy @dutchtenderguy]

Can anyone name a company that $GME can acquire that has a >25% unlevered FCF yield? Even if you include cost savings and synergies?

[Dutch Tender Guy @dutchtenderguy]

@AaronJo87253424 @larryvc I know a company that has an unlevered FCF yield of 25%. We should acquire that one with our cash!

[Dutch Tender Guy @dutchtenderguy]

No need to crashout, bro! It was just a simple question. https://t.co/pJAQaD5dUS

[Dutch Tender Guy @dutchtenderguy]

A permanent reduction in the shares outstanding is not "short term" thinking. Why can we buy $EBAY shares but not our own?

[Dutch Tender Guy @dutchtenderguy]

@deplorableson Reducing the share count is permanent. How do you not understand that?

[Dutch Tender Guy @dutchtenderguy]

The opposite is true for selling shares. Diluting at these levels is exactly the reason why the stock is down so much! Selling an undervalued asset ($GME) to buy a much more expensive asset ($EBAY) doesn't work very well - even if you factor in cost savings/synergies!

[Dutch Tender Guy @dutchtenderguy]

Those that are against large share buybacks at $GME don't seem to understand the distinction between buying at depressed multiples vs buying at average or overvalued multiples. If $GME were overvalued, I wouldn't push for the buyback. However, we are extremely undervalued!

[Dutch Tender Guy @dutchtenderguy]

@deplorableson lol have you seen our stock price?

[Dutch Tender Guy @dutchtenderguy]

Those that are against large share buybacks at $GME don't seem to understand the distinction between buying at depressed multiples vs buying at average or overvalued multiples. If $GME were overvalued, I wouldn't push for the buyback. However, we are extremely undervalued!

[Dutch Tender Guy @dutchtenderguy]

@ThurpenFleebaum @larryvc It doesn’t matter how much they make if they piss it all away and lose money in bitcoin, etc. It isn’t a problem with earnings it’s a capital allocation problem.

[Dutch Tender Guy @dutchtenderguy]

@Simonsdad3 @larryvc I think they did it to remove some debt for the eBay acquisition and they severely miscalculated how the market would react. I’m thinking the amendment today is evidence they may formally abandon the acquisition but that’s just a guess.

[Dutch Tender Guy @dutchtenderguy]

Earnings drive stock prices not revenue. Specifically earnings per share. Buying back stock at these prices would increase both revenue per share and earnings per share.

[Kyl⭕ZΞn @Kyl0Z3n]

Still haven’t fixed the revenue problem. But hey….BULLISH right?

[Dutch Tender Guy @dutchtenderguy]

@Simonsdad3 @larryvc I don’t like the dilution at these prices either. Awful deal for shareholders. The amendment today was good.

[Dutch Tender Guy @dutchtenderguy]

@Simonsdad3 @larryvc Agree with all your points (you can see my frustration in my timeline, lol)! I hope he's sincere in wanting feedback. I think the amendment today was the result of listening to s/h but I could be wrong.

[Dutch Tender Guy @dutchtenderguy]

I'd encourage people to give actual constructive feedback. Most of the comments to his post don't offer anything actionable that $GME can do to fix the situation.

[Dutch Tender Guy @dutchtenderguy]

This is pretty significant, tbh. Rolled back the dilution and is actively listening to s/h.

[Dutch Tender Guy @dutchtenderguy]

@Simonsdad3 @larryvc I think it's great he's listening, tbh! Investors speak in 13D's all the time (Icah, Elliott, etc). Hearing from smaller investors is also valuable BUT comments like this don't give any constructive feedback.

[Dutch Tender Guy @dutchtenderguy]

This is pretty significant, tbh. Rolled back the dilution and is actively listening to s/h.

[Larry Cheng @larryvc]

Thoughts?

[Dutch Tender Guy @dutchtenderguy]

@larryvc Great earnings! Good amendment! Only thing left is to formally abandon the $EBAY acquisition (selling our position would be best!) and buyback our own stock!

[Dutch Tender Guy @dutchtenderguy]

If that was the case then $GME would be up MASSIVELY today, but it isn't! $EBAY weighing on the stock heavily!

[Dutch Tender Guy @dutchtenderguy]

People kept telling me that $GME was being suppressed by arbs for the conversion. Today proves that they were wrong (as I've been saying)!

[Dutch Tender Guy @dutchtenderguy]

If you think "$GME won't be able to do a buyback because the stock will go up too much and they won't get a good price" then, congratulations! You just admitted that the current issue is $GME capital allocation.