@FreeWyckoffs Beautifully said - like an Argentinian epic poem
What I've enjoyed learning most in the discord, is that it doesn't matter what the "news" or catalyst is, it's the structure, it's the VPA, the waves - these are the tools for timing
Bought $GME at $18 today.
I believe the distribution is done.
I am awaiting the push to $40-$50 on the "news" that nobody thinks people can predict with TA. I don't care what the "news" is - that's not what Wyckoff Theory does. It just aligns to the certain points in the range.
Kinda like when I said Burry would sell since the VPA at the start of the impulse of this prior wave was divergent.
And just like the dilutive news I said was likely to occur to push it to $17-$18 from mid $20's before it hit $17.70 - and apparently I did not know a debt-to-equity exchange would occur... oh wait... lol
Baffling.
Then I want to re-test $34.
and yes, all before October.
Like I said. lol
Also - nice charts X.
I bet all of you plagiarized in school.
Weekly $GME recap & the week ahead:
- finally a change in the gamma hedging heatmap!
- some potential bullish/bearish catalysts to look out for
- any signs of recovery?
no paywall. not financial advice. I am preordering Wolverine though & you should too
https://t.co/gYvQzTpKO9
My list of current likely parties of interest for $GME raising capital for the eBay deal include PIF, QIA and ADQ (PIF has major investments in gaming, QIA and ADQ have major investments in collectibles) for Sovereign Wealth Funds, and Blackrock, Point 72, D1 Capital Ventures, SoftBank, Clearlake, Silver Lake, Cohen Private Ventures and VaynerFund (all have major investments in collectibles and gaming) for institutions and other private investors. They all know that Ryan Cohen is the real deal.
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.
@TheUltimator5 have you ever stopped to consider that your GME analysis fails constantly because it's actually just dogshit? Because you choose not to understand basic market mechanics in favor of wild conspiracy theories, so you're just spamming to farm engagement for the creator payouts.
Roberto is a very old friend of mine and I have learned more about the dollar-based fiat system from him than any economics class I ever overpaid for in college. It was a real treat to sit down with him and discuss $GME x $EBAY. Linking his Substack in the comments, audio in the quoted post.
A majority of his audience these days is non-GameStop folks, and so some of the conversation was structured to cater to them. GameStop is in the news more than it’s ever been, and I’m excited to get the word out on what’s REALLY going on at the company vs the public perception.
For those of you new to following my work, there’s a little bit on my background in the beginning that can help give some color to why I think the way I think. @peruvian_bull, you owe me a signed copy of the Dollar Endgame! Thanks for having me and getting the word out about GameStop.