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wouldn’t it be funny if Ryan Cohen kept increasing GameStop’s eBay ownership position every week lmao
Yesterday’s 13D filing showed that GameStop directly owns 25,000 shares of eBay stock and has economic exposure to more than 29 million additional shares through put/call option structures.
this is an increase providing economic exposure to a further 6,902,699 shares
Combined, the exposure amounts to roughly 6.55% of eBay's outstanding common stock, a 1.55% increase from the previously held 5%, based on the company's share count reported in April.
Derivative contracts involve strike prices ranging from roughly $84.74 to $114.96 per share.
$GME REITERATED the derivatives could later convert into physical shares if federal clearance under the Hart-Scott-Rodino Act is obtained.
$EBAY $GME

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