JAM

Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan Cohen Ryan

[JAM @jjam189]

Maybe we've had it backwards. GameStop could be the holding company and Teddy could live under it. $GME $TEDDY $EBAY $BBBYQ

This explains RC's comment "I'm focused on GameStop" when asked why https://t.co/vdhZYa4fMT redirects. It also explains $GME's Berkshire-like IR page.

[JAM @jjam189]

@foxenflask what's your source on this?

[JAM @jjam189]

@PhantomBlack699 This timeline has always been so interesting to me

[DirtΞvader @dirtevader]

This messaging screams.
And not a good scream.
A frightening one.
As if someone is probing how anyone would drop $1.4B for a 15-year old business that has never made money. And at obnoxious growth levels that won’t break even for 10 plus years.
Make it make sense.

[JAM @jjam189]

@PhantomBlack699 this seems spicy

[Marcus Lemonis @marcuslemonis]

Neighborhood Intelligence Board Initiates Immediate Process to Unlock Value of Blockchain and Digital Assets $NXH fmr $BBBY https://t.co/89eGs6w2zp

[JAM @jjam189]

@PhantomBlack699 Oh I get it now. That does seem like a clue that we're onto something with capitalized terms like Affiliate

[BoBBY🧸 @BobbyCat42]

What are the odds that the IRS releases a new PLR (202633005) today granting a company in Chapter 11 a favorable ruling on §382(l)(5) successfuly preserving their NOLs 👀🤔

https://t.co/D5PyILwjqV

$BBBYQ 🧸🏴‍☠️

[JAM @jjam189]

Opened a very small position on the $BBBY-WS warrants after the volume and price action today. Tomorrow is the last day on NYSE.

[Goatbeardz @GoatBeardzDD]

Why are the BBBY warrants squeezing?

Anyone know?

[Salvatore Linteum @PhantomBlack699]

Ryan Cohen owning https://t.co/3PMevrXGiq is so funny to me 😂

[Salvatore Linteum @PhantomBlack699]

Full article from Bloomberg

GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter.

Cohen is considering proposing a partnership or joint venture that would enable eBay to leverage GameStop’s roughly 1,600 US retail locations, the people said, asking not to be identified because the matter is private. That could allow both to increase market share in high-margin categories such as trading cards and collectibles, the people said.

GameStop, as one of eBay’s largest shareholders, would seek representation on eBay’s board as part of any partnership, they added.

Since its offer in May, GameStop’s stock has fallen 28% while eBay’s has climbed 7.6%. The $125-a-share offer was comprised of 50% cash and 50% in GameStop common stock.

EBay’s shares closed Friday at $111.98, giving it a market value of $49.8 billion. Including debt, it’s valued at almost $54 billion.

GameStop hasn’t made a final decision and Cohen could still weigh other options, the people said. Representatives for GameStop and eBay couldn’t immediately be reached for comment.
The takeover bid was a bold move by Cohen after GameStop built a 5% stake in the far-larger ecommerce company. GameStop continued building that stake and, as of July 15, owned 9.75% of eBay, making it the company’s No. 2 shareholder, second only to Vanguard Group Inc. funds, according to data compiled by Bloomberg.

Read More: GameStop CEO Is ‘Coming for EBay One Way or Another’
While Grapevine, Texas-based GameStop has $8.4 billion in cash that could be deployed in a deal, its market value has sunk to $8.6 billion.

The proposal followed some dramatic changes at GameStop, a chain of video game stores that shrank its brick-and-mortar footprint after gamers increasingly bought software online.
In 2021, GameStop became the center of a retail-investor frenzy. Michael Burry, the Scion Asset Management head who rose to prominence after a winning wager against mortgages ahead of the 2008 financial crisis, helped fuel GameStop’s rally by taking a bullish stance on the firm around 2019.

After the offer for eBay, Burry said he sold off his entire position, citing concerns about the debt GameStop could take on to fund the deal.
While eBay has struggled to adapt to changing consumer preferences, shoppers still spend about $80 billion annually on its platform. About 136 million globally made purchases on the platform in the 12-month period ending March 31.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Unrealized losses on domestic bond holdings for Japan's 4 largest life insurers rose +7% in Q2 2026, to a record $96 billion.

All 4 insurers, Nippon Life, Daiichi Life, Sumitomo Life, and Meiji Yasuda, reported increases in paper losses.

This marks the 7th consecutive quarterly increase, with unrealized losses more than tripling over the period.

Japanese life insurers typically hold government bonds and other debt securities until maturity to match their long-term insurance obligations.

However, a potential surge in customer policy cancellations could force them to liquidate those holdings to meet payouts, putting pressure on both investment portfolios and earnings.

This comes as 30-year Japanese government bond yields surged above +4.0% in May for the first time since the bonds were introduced in 1999, driven by concerns that Prime Minister Takaichi's administration may increase fiscal spending.

Pressure on Japan's financial institutions is intensifying.

[JAM @jjam189]

@ValueAddedRS Larry Cheng has said about Ryan Cohen "what you see is what you get". Authenticity / authentication is a huge part of the $GME / $EBAY synergies thesis. Time to crack down on these counterfeits.

[DirtΞvader @dirtevader]

Hey @ValueAddedRS, I think I figured it out.

What..? Why eBay sucks for sellers.
Huh..? They are doing it on purpose.

I think I've discovered why eBay treats their current Sellers like garbage, and they are doing it for a reason. eBay's current small to medium sized sellers are expendable, and they are not eBay's picture of the optimal reseller partner. Who is eBay's optimal reseller..? The original brands.

eBay's recent purchase of Eladene in the UK is one example. Eladene supplies junk yards and auto-recyclers with software that helps them bring mass quantities of recycled autoparts to the reseller market.

And this one is probably a better example:
eBay, through eBay Ventures' recent $300K funding of Refiberd, which is an AI company that helps identify and verify textile types and original manufacturers in used clothing is more proof. Refiberd is marketing their software to garbage companies (not meaning the bad kind, the kind that haul away the trash, and deposit it in a landfill), and private equity owned used clothing chains that receive donated clothing. They offer to unlock new revenue streams so they can identify the sought after pieces of clothing that will become inventory for the original brands, who run their own resale initiatives, many on their own platforms.

______
"Brands like Levi’s, Patagonia, Lululemon, Eileen Fisher, Arc’teryx, American Eagle, REI, and Balenciaga operate resale or buyback programs, allowing customers to trade in used items for store credit or resell them directly through the brand’s platform."
-------

I had no idea, that these companies are leaning heavy into reclaiming their sold inventory in the reseller market. They want to remain in control of their sold inventory, not just at first sale, but every re-sale thereafter. The control gives them the ability to set pricing from new, to slightly used, and well worn clothing, and a perceived view of being able to identify and eliminate counterfeit items. And customer retention for repeat sales.

This makes sense as to why the sockless dress shoe vacationing CEO, Jamie Iannone, was in the South of France recently and was attending the fashion event held in Cannes. Besides kicking it up with the World's hottest clothing brands, he was undoubtedly making deals with those brands. The brands want to capture the biggest piece of the market, which is their sold inventory.

imo, The current eBay management and board are looking to eliminate who brought them to the party, and who funds their mega-million dollar compensation packages; The small to medium sized reseller, and shift a large piece of the used clothing market to the original brands to claim what they think belongs to them, back.

Taking back what they once deemed as lost, and that is the resale of their 2nd hand goods so they can resell them again, while monitoring counterfeit items, and keep their resold items as close to new pricing as they can, all to protect their new & used sales.

Having the new California Law that just became effective, California’s groundbreaking Responsible Textile Recovery Act holds the apparel and textile industry responsible for making sure their products get collected, repaired, reused, and recycled.

In that linked site below, click on the "Responsible Textile Recovery Act" ARTICLE 11. Online Marketplace [42984.27] requirements for reporting resellers of $1M annually. Obviously just for California now, but once the right numbers are in place in Congress, they will not doubt attempt to take it to the next level, and put it into a Federal mandate.

The Peoples Republic of California along with eBay, have an obvious plan. They want control of me, and you, and literally everything we do.

If you've posted about this, which I would say is a pretty good chance that you have, I haven't found it yet, so I apologize in advance.

https://t.co/R8ffkdi7yn

[JAM @jjam189]

@ChaddSchroy I can predict if this party will take further actions...
$GME tender offer soon...

[tZERO @tZERO]

The “BABY” Digital Token is moving from primary issuance to regulated secondary trading. @tZERO Securities ATS is now accepting orders, with trading expected to commence on August 12, 2026.

Issued by Zion Peaks, Inc., a wholly owned subsidiary of @BedBathBeyond, and linked to certain buybuy BABY intellectual property, the security demonstrates the full lifecycle of tokenization – from capital formation to secondary liquidity.

🔗 https://t.co/G2HXvaMcQE

[Larry Cheng @larryvc]

What debt holders value about debt is downside protection. What they give up is upside.

What equity holders value about equity is upside participation. What they give up is downside protection.

Therefore, when debt holders voluntarily choose to convert from debt to equity, it’s because they value the upside potential of owning the equity more than the downside protection of owning the debt.

It’s a vote of confidence in the company.

[Liz Morton ~ Value Added Resource @ValueAddedRS]

eBay CEO Jamie Iannone plans to sell another 22,220 shares of $EBAY stock, valued at approximately $2.47 million. 💰

The shares were acquired through performance-based compensation & proposed sale is being made under a Rule 10b5-1 trading plan adopted in November 2025.

[JAM @jjam189]

Interesting that these $EBAY executives have so much conviction in the durability of growth of the business, yet have bought zero shares in the last 5 years.
One would think that with so much conviction and such strong growth they would all want larger positions?
$GME @ryancohen