@RW3369@DocZzZzZz@kevinxu The coupon is around 5.1% for this issue if i’m not mistaken. The 5.36% is the YTM. You only realize that YTM over the full horizon if you hold to maturity and reinvest the coupons at the same yield.
@GadSaad Brother, just file a Form 8833. You’re asked to realize your gains. Once you’re in the US, your basis will be = market value when you left Canada.
It’s just there to prevent the loophole of moving to a jurisdiction with a lower capital-gains tax rate. Not that deep.
@nitinsitaraman@Jackkk His call strike price wasn’t the same as his put’s
Using put call parity S + P - C = PV(k), if both strikes were the same, what he did was the same as buying a bond (ie locking current price)
When he says he made more money when it popped, he is either lying or strikes werent =
The $GME proposed acquisition of $EBAY is even dumber than it sounds, which is why he refused to answer @andrewrsorkin's basic questions this am.
To start, the ACTUAL proposal is not GME acquiring EBAY:
GME is the seller, not the buyer.
Ryan Cohen is asking eBay to acquire GME, fire eBay's CEO, and let Ryan run the business.
Onto the dumbness of the proposal details:
The idea is 50% cash / 50% stock for roughly $56 billion of consideration to eBay.
Pundits note GME's ~$11.1B market cap and ~$9B of existing cash.
BUT THAT DOUBLE-COUNTS.
Of GME's ~$11.1B market cap, ~$9B IS THE CASH.
Or 81% of the market cap.
If I have a company worth $110 with $90 of net cash, it's not worth $180: the cash is worth $90, and the company ex-cash is worth $20 = $110.
As shown below, if GME pays eBay the ~$9B in existing cash, the remaining market cap (from eBay's perspective) is ~$2.1B.
GME shares are worth ~$5/share ex cash.
To issue $28 billion of GME shares, it has to issue ~5.6B of new shares to eBay (vs 590B FD GME shares today), giving eBay 90%+ of the post-deal shares (+ $28 billion of cash to eBay owners).
To be clear, GME is proposing that eBay acquire GME, with GME owning 10% of the CombinedCo.
In 2026, eBay is expected to generate $2.8B of free cash flow vs $500 mm by GameStop (15% of combinedco).
eBay revenue is expected to GROW 9% in 2026 while GME's is expected to shrink 1% (and has shrunk >40% in 5 years).
So eBay brings 85% of the cash flow and is growing, and gets 90% of a newco that is dragged down by GameStop's declining revenue.
To compensate for owning a lower quality CombinedCo, it levers up and pays legacy eBay $62/share in cash.
However, that cash is financed by the quality of eBay's business, not GameStop.
eBay doesn't need GameStop to recap its existing business - it could do so and continue to own 100% of the better business.
Ultimately, this is GME attempting to swap into a better business by selling itself to eBay, not vice versa.
Everyone knows this deal won't happen, Ryan Cohen included.
A potential Super Bowl halftime show insider has been spotted.
This wallet was created yesterday and is exclusivly trading Super Bowl halftime show markets.
It currently has $47K deployed and is the largest holder in the Lady Gaga market with 22K shares.
Across every position: zero sells. only buys.
There’s also major controversy around the Gaga market, no public info confirms her appearance, yet her odds are over 90%.
A suspicious wallet picking clear winners and losers.
One to watch and potentially copy.
https://t.co/PiL9zium8z
This is a power grab masquerading as progress.
They’re not trying to solve a food shortage. They’re trying to engineer one. You take something nature gives freely, that millions of small farmers can produce without permission, and you replace it with something that requires corporate labs, IP protections, and centralized distribution.
That flips butter from a commodity anyone can make into a proprietary product controlled by a handful of actors.
Once they own the source code for your food, they can alter it, gate it, and revoke access at will. Tie it to ESG compliance, health passports, carbon credits – and suddenly eating becomes conditional. The moment you accept synthetic replacements for staples, you accept a kill switch over your diet.
This is the same playbook as fiat money and central banking – replace something real with something they can conjure, manipulate, and weaponize. The goal isn’t to make butter without cows. The goal is to make humans without sovereignty.
GCR said the next rally will be fueled by Asia
Vitalik said he wishes memes were maximally positive sum for the world & will only support socially impactful ones
Ansem is bullish on tokenized content creators
The most famous Shiba in Japan ( $SAN ) checks all the criteria
Over $25k donated & will continue weekly for the next 10 years through multiple cycles
San is your best chance at wealth creation aside from $PENGU and $HYPE imo
This is Nick Fuentes almost 2 years ago, the day after oct. 7th, predicting everything that is happening today.
When you can predict the future with this level of accuracy, it tells you that his understanding and model of politics is true.
@yeahso310206@AlanSimulations@757wildboy@HotTakeTalk@DaddyYungJoc@doublecuppme Child support is a contract. (Sort of)
Now ask yourself, why would ANYONE do this if it wasn’t to add a no-modification clause to the contract.
He’s not retarded. Lump sum is worth more than periodic payments
Ofc court can revoke it, but it’s still why he’s doing it lmao
Hey Wizards, @maxbuybtc here.
The announcement you saw in the Discord is true.
@mavensbot no longer has access to the @MagicNetMoney account.
This means you can unfollow the @MagicNetMoney account.
@bitcoinwizardry is the only Magic Internet Money / Bitcoin Wizard account from now on.
The MAGIC•INTERNET•MONEY•MIM rune that was airdropped is not related to Magic-Internet-Money (Rune #17) and 10k Bitcoin Wizard Collection.
I'll do my best to bring the vibes back.
No more trolling.
Just Magic 🪄
We are witnessing the unwind of the WW2 economic order.
What's happening now is much bigger than tariffs. For nearly 80 years the US exported dollars while importing goods & debt. That system is failing.
What's next? A move back to a neutral reserve currency. Got #Bitcoin?
Do you guys remember Jan 28, 2021?
DOGE sucked the liquidity out of everything and ran from under 1B to over 10B in under 24hrs
This marked the beginning of what was an absolute batshit insane 6 months
Yeah, run it back