@QueenConspires How are you still finding these? There's 5 locations in my area and all of them were sold out within 3 days and each store got 30-35 of them. 😔
English
P1 Stocks
5.7K posts
P1 Stocks
@p1stocks
Largest positions: $GME $PBI $EVLV $AMPG $NTDOY $ADBE $NVAX
San Francisco, CA Katılım Temmuz 2012
128 Takip Edilen809 Takipçiler
P1 Stocks retweetledi
You should read this @michaeljburry and I would assume $GME owns more than 4.9% of $EBAY already with a position in options and we get a filing by Monday or Tuesday:
open.substack.com/pub/dasams/p/t…
Cassandra Unchained@michaeljburry
It is not too late @ryancohen $GME , a list of alternatives from February 2nd: $NXST 6.3B $SAM 2.3B $SFM 6.9B $W 14B $BRKR 7B $MOH 10B $BIRK 7B $SFM 6.9B $SLM 5.5B $NAVI 1B $FMCC 4.8B $FNMA 9.7B $DOM LN 1B $FND 7.4B $POOL 9.5B $KNSL 9.2B $NEU 6.3B $FTDR 4.3B $DOM 14B $OSIS 4.6B $IDT 1.4B $JACK 400mm $SIG 3.8B $ETSY 5.5B $OVV 11B $TDOC 1B $ROKU 15B $GOOS 1.2B $WYNN 11.3B $BEN 13.5B $CMA 12B $HP 3.6B $ADT 6.7B $RH 3.8B $M 5.3B $MGM 9.2B $AGO 4.5B $ANF 4.2B $WTM 5.2B
English
Once the news is confirmed and things are in motion, it would be remiss if the Kitty @TheRoaringKitty didn't give his thoughts on his only investment's acquisition target, since he is not a cat-alyst anymore. 👀👀👀 $GME $EBAY
English
P1 Stocks retweetledi
$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. 🧵
English
Something tells me $GME might not be acting alone in their takeover of $EBAY. Who is in this large crew? 🤔
Joe Fonicello@toast
English
Market top is in. Thanks Cramer.
Jim Cramer@jimcramer
I know Warren Buffett says that we have never had people in a more gambling mood than now, but i think that is not necessarily the case. We are addicted to S&P 500 buying no matter what. We have been taught to love ETFs no matter what kind. If individual stock investing hadn't been so denigrated it would be less of a casino
English
@StevenShadduck That is definitely not happening, but as more news surfaces on GameStop's plan, I think the warrants will already be ITM.
English
$GME potential path to $EBAY for all the naysayers that have no clue what Ryan Cohen has been cooking since last year. All the pieces are in place and the show is about to begin. If you don't know it's okay, just stay in your lane, otherwise you're going to look stupid.
Small Cap Scientist 👨🔬🧪🥼@SmallCapScience
The more I look into the $GME deal... it's 100% possible. Ryan Cohen might be able to pull this off. If $GME price explodes above key levels they will be able to raise billions in cash, clear all their debt, and grow their market cap enough to make the buyout possible. Key Levels & Instruments: 1. $32 - GameStop Warrants ($GME.WS) 2. $38 - Convertible Notes (Zero Coupon) 3. $50 - Ryan Cohen Pay Package 1. 59.15M $GME October Warrants become exercisable above $32. If all warrants are exercised they raise $1.9B USD while share count grows from 448M > 510M, or $16.3B MC Dilution here isn't harmful. Warrant holders believe in the stock going higher and are willing to pay a premium to the current price in order to exercise. 2. Two tranches of zero coupon convertible notes were issued to buy $BTC. The convert and expiry is split between 2030 & 2032. These notes are economically in the money above $29-30, which is their convert. 2032 Notes convert: $28.91 2030 Notes convert: $29.85 Conversion is contingent on multiple specific stipulations (Note - this is extremely important later). Note holders can't convert to shares until $GME trades above 130% of the conversion price for 20 of 30 consecutive trading days in the prior quarter. Our trigger prices... 2032 Notes trigger: $37.58 2030 Notes trigger: $38.81 If we hold above $39 and these notes convert to shares, $4.2B in convertible debt is wiped from the balance sheet. Share count would grow 510M > 653M pushing the market cap of $GME to $25B+. $GME would be $25B with ~$11B cash on hand with zero debt... all the sudden buying $EBAY at $45B is possible. 3. Ryan Cohen's Historic $35B Pay Package will become official with a vote in June. The top milestones include $100B market cap and $10B EBITDA for $GME where he would vest 171.5M stock options @ $20.66 strike. Assuming $GME takes over $EBAY he could hit $50-70B market cap and ~$3B of EBITDA year one. If Ryan were to vest all of his shares before an ebay deal (very unlikely) it would add $3.54B in cash and bring the fully diluted share count to 825M ($41B+ MC). Now that you understand the instruments, let's take a step back to understand their plan. Why did they structure it this way...? In my opinion they are designing a squeeze on delta neutral bondholders. Bondholders are in a very unique spot. Once $GME is in the $32-$37 price range they are forced to add short positions to stay delta neutral even if they are below their trigger event. On issuance 65M-80M shares were shorted @ $22 by bondholders to go delta neutral on their positions. If GME is above $32, the $4.2B would need to short approximately 115M-125M total shares ($3.68B) in order to stay delta neutral. The shorts would need to 2x very quickly. Borrowing costs would skyrocket, available shares would disappear, and eventually bondholders will likely struggle to cover their positions as they tread water for 3+ months while their stipulations for exercise were satisfied. Here is where it gets interesting... in order for these books to stay delta neutral they arent just shorting the delta of $GME shares, they also need to short the delta of $GME warrants... which are massively deflationary as they are being exercised. In the $32-40 range for $GME they would be required to short 11-14M $GME+ Warrants of the 59M total available, its extremely reflexive. Quick reminder these bonds expire in 2030 & 2032, they could be forced to short with massive borrow rates for months or even years on both shares & warrants. $32+ warrants will vest, gamma will skyrocket, borrow fees jump on both assets, bondholders will rush to hedge delta, and eventually they run out of warrant supply to cover their positions. 14M of 59M Warrants are already held by Convertible Note holders today as a hedge, what happens if prices spike above $32 quickly? There wont be enough supply to hedge and the full squeeze begins. There are multiple angles here where $GME grows their market cap to $16-32B, grows their cash by billions, and can complete the takeover. As reported by WSJ, it's also extremely likely that they have already accumulated a stealth position in $EBAY. There is a decent chance $GME already owns ~3-5% of $EBAY through share and options purchases. I love the upside here... long $GME shares & warrants. Power to the Players! 🎮 (All Data and Probabilities for Thesis Were Built by Axion AI - axion.eternis.ai/invited/SCS)
English
@lexavierprince @XavierInvests They have a plan to unlock value and increase users. I wouldn't doubt the minds that took on Amazon in the pet food space and won.
English
@XavierInvests Even if they could pull it off financially, do you trust GameStop’s management to integrate a global marketplace like eBay without destroying value?
English
Here’s How GameStop Will Buy Ebay.
Realistically it wouldn’t be a pure cash deal it would likely be a mix of equity debt and strategic financing where GameStop uses its market valuation + capital structure flexibility to fund a takeover far larger than its own size.
If it works the upside is simple GameStop stops being a retailer and becomes a marketplace platform owning transactions not just products with recurring revenue network effects
and global scale overnight.
English
@RoaringSensei @BrianSozzi Accept a buyout? Who says $EBAY has a choice in the matter? The insiders that own 0.3% of the company? You can say goodbye to them because they only sell their stocks and don't buy. $GME is going to own 10-51% of the eBay, and bring an owner-operator mentality to the company.
English
It is amazing to me how little people truly understand about business and finance, especially journalists and huge accounts with big followings.
You have no idea what Ryan is going to achieve here with GameStop, because you are judging the company on its past. It's not in a downturn any more. The ugly part is over. Now it's time for him to show all of you some things you can't comprehend.
English
0 reason for EBay to even consider accepting a buyout offer from GameStop.
EBay has been doing very well under its newish CEO, with a big focus on collectibles and auto parts.
What could GameStop possibly offer to EBay? Access to Funko dolls? Some bitcoin on the balance sheet? Inventory of slow selling videogame hardware?
Come on.
Here’s what EBay’s CEO has been working on: finance.yahoo.com/news/ceo-of-eb…
English
@Cyan005 @jaymesrosenthal He may not be able to be the ignition spark that sends $GME, but as $GME is ripping, I think he's free to be the propulsion fuel.
English
@naiveanalyst7 They've been told to "Forget about GameStop" for the last five years. Makes the rise even more satisfying.
English
The number of people trolling $GME on this potential $EBAY acquisition, thinking it’s still just a meme stock and wondering how they would finance the deal, is mind-blowing to me.
Have you not been paying attention to what this company has become?
English
$GME everyone is in the shock and denial stage right now, but soon they will reach acceptance. $EBAY
GIF
Paul Cerro@paulcerro
The $GME rumor to buyout $EBAY is as real as the toothfairy...
English
Everyone is looking at the market caps and wondering how $GME could acquire $EBAY. Once you realize Cohen's plan of attack, the money was never going to be the hurdle. Insiders blocking the transaction was the hurdle. Fortunately, insiders only own 0.3%. Let the takeover commence
GIF
English
Gee, wonder who could possibly be presenting the shareholder proposal....
$GME $EBAY
English
Long $GME
Cheer on $GME to do a LBO of $EBAY
Short $GME after acquisition
That's Burry's plan in a nutshell.
Cassandra Unchained@michaeljburry
$GME and $EBAY. Makes perfect sense.
English
@richmooreiv @amitisinvesting Unlocks ability for kids collecting cards to run their own eBay stores and drop off their sales to be shipped instead of kids needing their parents to help package and figure out shipping. Right now kids can only transact at card shows.
English
@amitisinvesting How can $GME make $EBAY better? If it's just synergy then I think it's the financiers who will benefit the most.
English
