saty kun

[GameStop Power Packs @powerpacks]

Find a store near you: https://t.co/g03k0wWp6E

[GameStop Power Packs @powerpacks]

A rare PSA 10 Dodgers X One Piece slab valued at $4,500 is hiding in tomorrow's physical GameStop Power Packs drop.

Available 6.27 at select stores nationwide.

[Wandering Capitalist @Venturinglist]

Makes you wonder… 🤔

[The All-In Podcast @theallinpod]

GameStop CEO Ryan Cohen: 3 Ways I’d Fix eBay

Cohen is currently trying to acquire eBay and merge it with $GME. So far, $EBAY has rejected his $56B offer.

He believes eBay is a valuable asset with a ton of potential, but currently being mismanaged.

His plan to fix eBay:

1) Cut $2B in costs, increase earnings immediately

2) Expand eBay’s live commerce platform ($400B market, growing fast, eBay Live has potential)

3) Create a liquid marketplace for in-game digital items

“There are three areas.

One, immediately improving earnings through cutting costs, pulling $2 billion of costs out of the business.

And on the operating base of close to five and a half billion of expenses and 2.4 billion spent on sales and marketing for essentially no user growth, there's a lot of money to pull out there.

There's two growth vectors that I'm very much interested in.

Number one is live commerce. The TAM is like $400 billion. It's growing very quickly in the US, it's very popular in Asia. And eBay has the users, eBay has the brands, they have a platform. But the platform sucks for a lot of different reasons. That's a huge, huge growth opportunity for them to start doing really well in live commerce.

The third thing, and this is something that I have not spoken about before publicly, is building a marketplace where you can provide liquidity for in-game digital items. If you look at all of these in-game items, triple A titles, that people are accumulating skins, weapons, essentially, it's what NFTs, people thought they were, but ultimately they had no real utility. In-game items actually have real utility, and no one's doing it. And, and this should already exist, and it's crazy that it doesn't exist.”

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[Liz Morton ~ Value Added Resource @ValueAddedRS]

$GME shareholder lawsuit update:

The plaintiff has withdrawn their request for a temporary restraining order after GameStop pulled CEO Ryan Cohen’s Compensation Award from the ballot.

Importantly, that does not mean the lawsuit is dismissed completely, just that the July 7 shareholder vote can proceed as scheduled.

The plaintiff says they agreed to let the authorized share increase vote proceed on the condition that GameStop provide at least 36 hours’ notice before filing the share increase amendment before Aug. 1.

[The All-In Podcast @theallinpod]

Ryan Cohen: “Why Does Everyone Want GameStop to Fail?”

$GME CEO @ryancohen:

“The media is an example. Why is it that you've got a ($EBAY) management team with no skin in the game, they're not builders, they haven't built anything themselves before, they've basically just been employees at major companies, they’ve been overpaid, I don't think they've ever broken out a sweat in their entire lives, why does everyone want them to succeed?

But when you have someone that, and by the way, I'm putting $500M of my own money into this transaction, I haven't pulled a penny out of GameStop, and it seems like everyone in the media basically wants us to fail, and wants them to succeed.

And you've got a board that's making hundreds of thousands of dollars a year. They don't buy stock with their own money. They end up showing up to a handful of board meetings, and they're making a fortune. You've got a management team that is grossly overpaid, taking zero risk.

There's nothing more American than basically risking your own capital. So why does everyone want us to fail?

@friedberg:

“I do think that the media, in order to give you credibility, they're gonna have to acknowledge that all of their takes on GameStop just being a meme stock were wrong, and that there is actually a business here, and that there is value being created here, and that they missed that, and they got the story completely wrong.”

--------------------------------------

Thanks to our partners!

Most advertisers have never heard of the platform with an $11B annual run rate in ad spend. AppLovin Ads — 1B+ daily active users, full-screen video ads watched for a median of 35 seconds, and businesses are profitably spending hundreds of thousands of dollars a day on it. Advertiser access is in closed beta. The window is open at https://t.co/h9SzJOL6wj

Nasdaq - Positioned at the nexus of technology and the capital markets, Nasdaq provides premier platforms and services for global capital markets and beyond with unmatched technology, insights and markets expertise. https://t.co/M4axvGYyrT

[GameStop Power Packs @powerpacks]

Just pulled.

Special Delivery Pikachu. ✉️ Originally released in 2020 to celebrate Pokémon Center's expansion into Canada.

[Roaring Sensei @RoaringSensei]

ANOTHER interview with @ryancohen. I can't get enough...😫 @gamestop @ebay
https://t.co/RJZuPKKvC1

[GameStop Power Packs @powerpacks]

All-time great with the all-time record.

[Roaring Sensei @RoaringSensei]

Latest @ryancohen interview with @piersmorgan, in response to @CNBC & Wall Street.

Ryan is a relentless, logical contrarian. Most people don't understand how simple it is to just NOT play by the rules, because they're trapped in the Matrix.

@GameStop will own @eBay, you watch.

[bad robot ventures @foxenflask]

“Both through GameStop, and me personally”

$GME $EBAY

[GameStop Power Packs @powerpacks]

Just pulled.

A 2000 Umbreon Holo from a Platinum Pack.

[Roaring Sensei @RoaringSensei]

If you go by the twitter feed:

It's almost like tonnes of people never really invested for the reasons they said they did.

It's almost like people just go along with the crowd and don't really know what they're talking about.

It's almost like people never really knew what DIAMOND HANDS meant, but spat it out anyway until they got bored.

It's almost like people will believe any conspiracy theory under the sun posted by ButtFace42069 based on absolutely nothing, and then get disappointed when it doesn't happen.

It's almost like grown adults have no control over their emotions and don't invest using logic or fact.

Weird, huh?

I believe in @gamestop, @ryancohen and the board. I understand what this company is doing and how it's transforming by simply listening, reading what they put out, and it's much simpler than most people think.

Power to the Players. 💎🙌

[GameStop Power Packs @powerpacks]

A new champion has entered the Championship MVPs pack. Now live for a limited time.

[NaiveAnalyst @naiveanalyst7]

At the start of Q1, GME held $2.709B in marketable securities, but by quarter end, that balance had fallen to $970.5M and the cash flow statement shows $1.728B in proceeds from maturities and sales of marketable securities during the quarter.
In the same quarter, GME reported $983.3M of collateral pledged in connection with its derivative asset, the security posted to TD Bank supporting the Put/Call Pair structure tied to eBay.
Meanwhile, cash increased from $6.305B to $7.398B during the quarter.

The operating business generated $337.4M of cash from operations, while capex was only $4.5M, resulting in approximately $332.9M of free cash flow generated by the business itself.

Taken together, the cash flow statement suggests that the derivative collateral could have been fully funded through proceeds from maturing marketable securities, without requiring cash generated by operations during the quarter.

In other words, GME appears to have established roughly $4B of economci exposure to eBay while preserving the cash-generating capacity of the operating business and maintaining a highly liquid balance sheet.

This is exactly what a holding company does: the operating business funds itself, the maturing securities get recycled into the next opportunity, and the cash pile stays intact as permanent dry powder.

Still learning. Still sharing. Not financial advice.

$GME $EBAY

[GameStop Power Packs @powerpacks]

Just pulled.

Sylveon EX from the iconic PokéKyun collection.

[Roaring Sensei @RoaringSensei]

I don't think you realise what you've unleashed here, @powerpacks...😏😈⚽🔥🍻

[GameStop Power Packs @powerpacks]

Just pulled.

A 2003 Espeon Holo from a Diamond Pack.

[GameStop Power Packs @powerpacks]

The beautiful game. New pack now live for a limited time.

[GameStop Power Packs @powerpacks]

Just pulled.

PSA 10 Victor Wembanyama Color Wheel. One of Wemby's rarest and most coveted rookie cards.