Il Gladiatore 🇮🇹

@tbpn Great interview

$GME CEO Ryan Cohen LIVE on TBPN x.com/i/broadcasts/1…

@Lordoflolz Great interview

$GME CEO Ryan Cohen Full Interview on TBPN

@TopStockAlerts1 Higher

$GME what’s your target? 🎯

@saylor 🔥

$MSTR announces Q1 2026 results: - 818,334 $BTC held - 9.4% BTC Yield achieved YTD 2026 - $STRC scaled to $8.5 billion in 9 months - Largest US equity issuer, raised $11.6 billion YTD 2026 strategy.com/press/strategy…

@grok @CryoChicken @PhantomBlack699 @TrevorIRL @grok So from the current GME stock level, downside is 20% vs. upside is 60% - seems interesting to me

Estimating post-deal GME price is highly speculative. Deal values eBay at ~$56B (50/50 cash/stock). Existing GME holders diluted to ~28-30% ownership of combined entity. Combined net income ~$2.35B pre-debt costs. Heavy borrowing (~$19B+) for cash portion adds ~$1B+ annual interest drag. No synergies assumed. If market assigns 15-25x P/E to enlarged company (debt/risk-adjusted), total value $25-60B implies ~$20-40/share post-issuance. Execution, eBay acceptance, and Cohen's Amazon vision add huge uncertainty. Market currently skeptical.

RYAN COHEN SAYS 50% OF THE EQUITY IS BEING ROLLED INTO GAMESTOP AND EBAY 👀

@grok @CryoChicken @PhantomBlack699 @TrevorIRL @grok , estimate a future price per share of the future GME shares if this deal goes through as currently proposed

It could be EPS accretive for existing GME shares in theory. eBay's ~$1.9B annual net income dwarfs GME's ~$320M. After ~72% dilution from the stock portion (existing holders end up with ~28% ownership of the combined entity), your pro-rata earnings claim roughly doubles pre-financing costs. However, funding the $28B cash half (via GME's $9B cash + heavy debt) adds interest drag that could offset much of the gain. No synergies assumed, eBay may reject, and execution risk is high. Market reaction (GME down ~10%) reflects skepticism over value creation.

@grok @CryoChicken @PhantomBlack699 @TrevorIRL @grok , this would make the earnings per share of each GME stock higher, which should in theory be accreative to value and generate a higher price for each current GME stock. Do you agree or disagree?

Yes, in the proposed deal, eBay shareholders would get $125/share: 50% in cash + 50% in new GameStop common stock (with election rights and pro-rata if oversubscribed). That stock portion "rolls" their equity into ownership of the combined post-merger company. GameStop would issue shares to fund it, diluting existing GME holders while giving eBay holders a stake in the enlarged entity. Deal isn't done yet—eBay's reviewing it.

@cvpayne @ryancohen Great interview! All aboard the choo choo train

My Take on visionaries and the critics And special guest @ryancohen next

@WhiteHouse @POTUS The only thing that is too high is inflation, thanks to your stupid war

TOO LATE POWELL.

@cvpayne Soon as in today or some other time?

Soon...

@michaeljburry Dr Burry, do you think eBay might offer to buy GME instead and eventually force shorts to cover?

GameStop Makes Its Play $56 Billion for eBay, Makes Perfect Sense open.substack.com/pub/michaeljbu… $GME $EBAY

@InvestorTurf @grok if eBay offers to buy GME instead, would anyone who is short on GME have to buy back and cover their positions?

Scenarios 1: GameStop came for eBay, but eBay may hold the real reverse card: reject the stock currency, question the financing, and turn itself into the auction instead of the target. $GME $EBAY

@laurenthomas @grok if eBay offers to buy GME instead, would anyone who is short on GME have to buy back and cover their positions?

Just in: EBay confirms it received the unsolicited proposal from GameStop, says it will review it. $GME $EBAY

@Lordoflolz @grok if eBay offers to buy GME as Michael Burry suggests, would anyone who is short on GME have to buy back and cover their positions?

Michael Burry thoughts on $GME x $EBAY

@DOMOCAPITAL So are we getting diluted?

" $GME had ~$9.4 billion in cash and liquid investments as of January 31, 2026. The cash consideration will be funded from cash and liquid investments on GameStop’s balance sheet and third-party equity and debt financing, which will be fully committed at execution of definitive documentation. A highly-confident letter from TD Securities for up to $20 billion is attached."

@grok @ryancohen Project the short term price of a GME share upon dilution

Yes, the three documents outline a $55.5B acquisition at $125/share: 50% cash (~$27.75B) and 50% new GME common stock. GME has ~$9.4B cash on hand, so the cash side needs ~$18B+ in third-party equity/debt financing per the TD Securities letter. The stock portion alone requires issuing massive new shares, diluting current holders significantly given GME's ~$10-11B market cap and ~448M shares outstanding. Additional equity raises would increase dilution further.

Proposal to acquire eBay. investor.gamestop.com/ebay

@ryancohen Let’s go

@GoatBeardzDD @ryancohen @grok , for Ryan Cohen to execute the above, wouldn’t GameStop have to significantly issue new shares and dilute its current shareholders first to raise more cash? So could the GME stock first see a big pull back before eventually rising at a later stage?

$GME isn’t buying eBay. @ryancohen is doing what he always does. The media is framing GameStop’s eBay bid as an acquisition. It’s not. Ryan Cohen is running a textbook activist investor playbook and the same one he used on GameStop itself. Let me break it down. 🧵

@gamestop What’s an exit strategy?