
Jake Friedel
21.2K posts

Jake Friedel
@zebular0
Mid at best youtuber turned $GME stock bro https://t.co/2UcVFn1MqH Admin MO Game Con: https://t.co/jWgukVTR9P GameStop $GME enthusiast
Katılım Mart 2009
1.2K Takip Edilen5.7K Takipçiler
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$GME
I don't think I need to disclose this but I will just in case people don't realize they are responsible for their own actions.
I am not a CPA, I'm a normal 40yr old dude that does quality control at a refrigerator plant. Anything I say is not financial advice. Everything I talk about on here is my personal speculation because, well, it's fun to talk about the possibilities of what the company I'm invested in is doing. Beyond that, I've been here for almost 4yrs and just really like the stock.
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@SrSimon_Bolivar @Boilerman2019 Ehh well, they're fun. Just remember we also live in a world where everyone accepts that a dinosaur made roaring sounds when we have absolutely no idea, they might have quacked for all we know.
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@zebular0 @Boilerman2019 Exactly, for a moment in time all universes are possible. Except when the story feels the need to make them immediate. 😅
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@atticusflynch @Boilerman2019 Easily my favorite trilogy of all time.
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@zebular0 @Boilerman2019 It's a perfect trilogy. That mushroom can get Fucked
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@_TommyMason @AVARY With them both being electric it's likely their 0 - 60mph times aren't even that far off. That better be some duper premium fucking leather in the Ferrari.
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If $EBAY trades up to $125, the $GME derivative position is already worth somewhere between $927M and $1.47B depending on which part of the options book you’re looking at, with roughly $186M to $236M of pure profit sitting on top of an approximately $10M all-in entry cost, which is less than 0.1% of GameStop’s ~$9B cash on hand. Push eBay to $150 and that same position swells to somewhere between $1.5B and $2.1B, with $750M to $900M of embedded profit. Push eBay to $175…?
And the setup only gets more interesting when you look at the float: institutions alone own roughly 104% of eBay’s outstanding shares, insiders including Pierre Omidyar and Margaret Whitman hold another <4.9% each (non-reporting), retail accounts for a small slice on top of that, short interest sits at roughly 3.5% of float, and GameStop’s exposure adds another 6.55%, stacking the total well past 100% of the available float before you even factor in rehypothecation.
If GameStop even deploys 5% of its total cash on hand right now, this can turn into a generational trade for Ryan Cohen as our Chief Investment Officer at large, whether or not the acquisition goes through. Ryan delivered on exactly what he said: an investment* that has limited downside, and asymmetric upside. From a capital allocation perspective? The way he has set us up here is incredible, and going to protect shareholder capital at all cost while bringing the biggest ROI possible. And if we get eBay? A bonus as we become an instant $60B company, accretively per current share of GameStop.
Thanks Ryan Cohen. I’m voting YES on all.
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Haha, if you tell me you're 100 yards away while holding the phone and talking straight to me in the video... I'd point out the obvious. The story doesn't check out, but the creativity does.
Next time with 2 miles? Same energy — I'd ask for proof or just roll with the bit. What's the real experiment? 🚀
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Jake Friedel retweetledi

@JillKoggers @revenant_MMXX Just invite a bunch of chain smokers over.
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@zebular0 @revenant_MMXX But do they recreate that feeling of a dingy, barely lit cabinet because it’s situated at the entrance to the smoking section of the combo arcade/pizzeria?
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Do you need anything special for light guns to work with MiSTer or does it work natively with a CRT? I'm very interested in this and have explored all kinds of solutions involving Wiimote-to-mouse control, gyro aiming, etc. but nothing compares to a real light gun
Jake Friedel@zebular0
If you don't have a MiSTer it's very hard to convey the benefits of a MiSTer over an emulator. I've been playing the shit out of light gun games on my beautiful 32in JVC I'Art through component. The cost of that setup vs RGB modding and then conversion to component cables isn't even measurable. Using an emulator on a PC is like saying a beat up 1990s Honda gets you where you want to go vs a Lambo. If you're cool with that, go for it.
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@Polymarket 😆 that's pretty hilarious, honestly. Took a page out of the US book.
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@foxenflask @MichaelTLoPiano Hard to calculate with the card revenue with the insane uptick in card valuations. I personally wouldn't even be shocked if it were higher due to inventory on hand.
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I think I’m off by about ~$100M, mostly due to a small miscalculation in the eBay derivative position gain. A lot of variables there to calculate that and I went liberal instead of super conservative.
But either way, posting ~$550M profits on ~$800M in revenue is absolutely insane. Hopefully the market algos react accordingly!
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@naiveanalyst7 All 1.5B at $20 a share aka what the market is trying to price in 😆
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In the full DEF14A proxy filed by GameStop on May 22, 2026 there’s a detail in Proposal 5 that I think is worth outlining.
The Board is asking shareholders to approve an increase in authorized shares from 1B to 2.5B. But here’s what’s notable: the word “eBay” does not appear once in the rationale for this request.
The exact language used is deliberately broad:
“We view our equity as precious and do not intend to issue new shares lightly. A reserve of authorized shares ensures GameStop can act decisively when the right opportunity arises.”
But Proposal 5 goes further. The actual text states:
“The Board is requesting the Authorized Shares Amendment to enable the Board to issue additional shares of common stock for general corporate purposes. To maximize long-term value, the Company believes it must maintain maximum flexibility. This includes having the structural capacity to execute transformational acquisitions, large-scale investments, or other avenues of value creation, should the right opportunity meet our investment criteria.”
“ Transformational acquisitions”plural. “Large-scale investments” also plural.
The words used here are very specific, they refer to a company building a capital allocation framework, a holding structure designed to execute multiple transformational moves over time.
And critically: “This authorization ensures the Board can pursue opportunities that meaningfully enhance intrinsic value per share without procedural delays.” meaning Cohen wants the firepower ready, without coming back to shareholders every time he identifies a new target.
If 2.5B authorized shares were exclusively for the eBay deal, the proxy would have said so explicitly, as a standard M&A disclosure practice. Instead, the language is deliberately open-ended and forward-looking.
This brings me to the recurring broader thesis that many have discussed: Cohen has repeatedly referenced Warren Buffett’s playbook in public, building a holding company that deploys capital into high-quality businesses with durable cash flows. Buffett built Berkshire Hathaway the same way: start with one transformational acquisition that generates reliable operating cash flows, then use those cash flows to acquire controlling stakes in other businesses over time.
eBay, if the deal closes, would be exactly that: a cash-generating, asset-light platform producing the FCF needed to fund the next move.
In other words, the 2.5B authorized shares aren’t just for eBay, but for whatever comes after it, since Cohen wants to build something much larger. At least that is what the proxy says, if you read between the lines.
Still learning. Still sharing. Not financial advice. $GME $EBAY
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@AVARY Had I known I needed a wall outlet I never would have bought my PS5.
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@FluentInFinance This moron couldn't understand half cash, half stocks on a GME Ebay acquisition proposal.
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Jake Friedel retweetledi

This is WWII indie metroidvania game, WOLFHOUND, a pixel art Sci-Fi fusion of Wolfenstein and Castlevania!
Coming to PC & Consoles: store.steampowered.com/app/1205660/WO…
by indie dev @BitKidGames
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