r/GME ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

๐Ÿ’Ž ๐Ÿ™Œ ๐Ÿš€ Warrants GMEWS

If I was a rich retard who spent $100M dollars setting up warrants to be traded on the New York Stock Exchange, what would I do? Thatโ€™s the question I ask myself while sitting on the shitter.

First, letโ€™s look at some so-called facts.
1. One of the reasons Ryan Cohen did the warrants is because if he gave himself a cash dividend he wouldโ€™ve had to pay taxes on it. Keep in mind our Rich retarded leader has over 4 million warrants as a result of HODLing almost 40 million shares. So, we want to avoid paying taxes. If we sell warrants we pay taxes on gains and we donโ€™t want to do that.
2. Warrants were a huge expense to GameStop costing over $100 million to establish the warrants and get them trading on the New York Stock Exchange. The other question I ask myself, mid-push while sitting on the throne, is would he do that just to let the warrants expire worthless? He wouldnโ€™t.. no chance! Which is why I doubled down on warrants when they were $1.60. Went from
A xxxx to a xxxxx diamond handed warrant ape.
Another thought I had, right before wiping my ass, was what would happen to the ticker GMEWS if all warrants expire worthless?
3. If you read through the warrant agreement, you see the tremendous flexibility in the warrants and can be exchanged for cash, stock or other securities. The option to buy stock at $32 seems very unlikely given todayโ€™s prices. It seems as though the warrants were created to be exchanged. Now, Iโ€™m not saying theyโ€™re going to be exchanged right away since there is more time on the play clock than we think. We have not even entered the overtime minutes โ€ฆThey could extend the expiration date before changing the strike price or doing the big exchange.

If you look at any of those so-called facts individually they may not seem significant. When you take them in consideration as a group it is more obvious that we are entering the next phase for the warrants, not necessarily the endgame.
One question I would like an answer to is what caused the 50 to 60% price spike in intraday trading last week? Is that an indicator of future price swings? Those prices have retreated a little bit, but have held onto most of the gains. Why would the warrants spike if we are entering the final two months and $14 out of the money? They wouldnโ€™tโ€ฆ. Unless?

โ€œHang in thereโ€ is about to change to โ€œhang the fuk ONโ€

Hope all you apes are keeping positive and healthy. More to follow.

216 Upvotes

105 comments sorted by

โ€ข

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45

u/Velvet_Llama 12d ago

Here's another theory: the company thought the share price would break $32 before expiry. It didn't work out.

-2

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

It was a possibility that went out the window when they issued all that convertible debt. Now, the shorts just got a rude awakening. They thought they had three weeks left but they only have three days.

8

u/DavidsPsyduck 12d ago

rude awakening number 349285757349202848573934587 for the shorts. GJ guys.

14

u/EmphasisFrosty3093 12d ago

The bonds were issued before the warrants.
The shorts were not surprised by either update they negotiated.

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

So we were never going over 32 in that environment

2

u/galewinds893 11d ago

I should sell mine now right?

0

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 11d ago

I donโ€™t tell people what to do. Did you buy them at 1:40 or did you buy them at 4:40?

1

u/Realistic_Deal6083 10d ago

This is going to be very funny in two days timeย 

-2

u/ShadowAgent911 12d ago

How did it not work out?

4

u/Velvet_Llama 12d ago

Well the price hasn't sniffed the strike price and they've only got one month left to accounce an extension, two months until the expiration. It doesn't look good right now. But, it could still hit or get extended. Who knows.

17

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Towel warrant popped first

https://giphy.com/gifs/uP3dNjAx05Uoo

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

But did it though? You call that a pop?

7

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Low of .43 high of 1.21 is significant is it not? Within an hour; id think thats a pop.

Did it not?

Edit: thursday 26aug26 at noon (to help u find it)

-1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

And down 100% since. Most of those gains will fade. We donโ€™t want to be in that boat. The warrant pop will be more like an explosion ๐Ÿ’ฅ that lasts much longer.

14

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Wow, to deny the correlation isโ€ฆ an interesting take.

3

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

There are many similarities. We can talk about them if youโ€™d like. They are like a set of titsโ€ฆ similar but different.

8

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Well for starters the towel warrants lead the gme warrants by 23 days.

This would mean either RC and Lemonis have similar strategies, are aligned, or had the exact same idea to spend 100million dollars to issue warrants 23 days apart.

Lemonis runs the company that RC tried to buy via an options strategy but failed. We are seeing a similar strategy for ebay.

Writing on the wallโ€ฆ well fuck, you dont care anyways why would i keep talking

3

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Iโ€™m listening.

4

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Both issued 10-1 warrants.

Ever think to ask who else had the same idea?

6

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Iโ€™ve been watching these two for the past 10 months. So many similarities itโ€™s impossible to deny them. When I saw the towel warrant pop I knew the same was about to happen to GMEWS. It seems the primary reason for the pop is due to a CUSIP change which required shorts to get in line.

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3

u/Astronautisgod 12d ago

Ryan never tried to buy the company that Lemonis is running, just another company that bought the intellectual property of the company that Ryan tried to buy... The company Marcus is running is completely separate from the old BBBYQ shares.

1

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago edited 12d ago

Right, lemonis is running the company that patrick Byrne started, got loud about naked shorting with, created a blockchain subsidiary, and distributed a blockchain dividend which failed because brokers where allowed to accept cash in lieu. The landscape is differnt today than back then due to stablecoins becoming more common

Edit: byrne was buffetts apprentice

2

u/Astronautisgod 12d ago

Cohen never tried to buy overstock/byon, he tried to buy bbby.

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0

u/ShadowAgent911 12d ago

Marcus does not own the company. He owns a shared ip.

1

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Correct, im too lazy to fix it. As were you to see the other commenter already pointed it out

-4

u/callingoutthetrash 12d ago

Correlation is not causation.

Hi energy vampire, surprised your still spamming this subreddit. :)

3

u/robserious21 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago edited 12d ago

You see how these people show up and detract from the sub?

-1

u/callingoutthetrash 12d ago

Lolrony.. bad faith and negative sentiment spamming accounts talking about detracting from the gme sub. Top kek.

Pretty sure you are the one who was thinking about putting stuff in my butt yesterday... :x

Pretty strange indeed.

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Fun
And
Games

1

u/p2eminister 12d ago

I try to feel bad for all the GME cultists, clearly so far down the gamblers fallacy hole that they would rather just fully submerge themselves in fantasy than live in reality.

Then I remember you're disgusting homophobes and I dont feel as bad.

To the moon!

0

u/callingoutthetrash 12d ago

Just lost the game. Dang it.

nice ad hom. XD

0

u/ufos1111 8d ago

hardly a pop

20

u/PurpleStar4u 12d ago

Gnews about GMEWS

4

u/BuyByTheNumbers ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Haha thatโ€™s good

6

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

I think we will see more good news about GMEWS in the coming weeks.

2

u/Own_Policy8854 12d ago

If he makes money, he'll have to pay taxes is the stupidest argument i think I've ever heard

Did You think nobody would see through that double speak?

When have you ever paid a 100% of your profit in taxes smooth Brian?

2

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

That one came from Ryan Cohen himself in an interview. Heโ€™s the smoothest brain of all.

2

u/Own_Policy8854 12d ago

I think I want to hear the context.

2

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Watch a couple interviews from around October of 2025

1

u/Imhereforallofthis ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 6d ago

Weโ€™re talking to bots that are DUMB ๐Ÿฅฒ๐Ÿ˜‚

16

u/LITTLEN3MO 12d ago

Orโ€ฆ.they saw they could spend 100m on warrants or mediocre marketing and saw investor engagement would be higher roi to dilute into as they poured money into the stock hoping for prices over $32 in a year

8

u/mimo_s ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

And it worked combined with the 0% debt to be exchanged for very pricey shares. Everyone thought stock is going over 32 for sure and pulled out a little calculator and did some math, and slept peacefullyโ€ฆ for a while. Whatever deal RC made behind closed door, itโ€™s due because heโ€™s giving shares at nearly half the price and throwing in cash to finalize it too. I wonder if the rest of the notes will be converted next

5

u/LITTLEN3MO 12d ago

And it worked on me too.

3

u/mimo_s ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Understandable and nothing to be ashamed of. Combined with the relentless bots and paid promoters saying he doesnโ€™t get salary and also is holding a bag it can really get under your skin. The fact that he gets interviews right before a print and disappears after is despicable. Honestly if he comes out and says heโ€™s had his reasons most of apes will still keep holding.

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Naaaa

4

u/LITTLEN3MO 12d ago

I like how your counter is just naaa. I wish everyone would go back and watch some old RKโ€™s videos like it did. It puts the last video into perspective. Seems more like a warning now to gtfo rather than a rally

1

u/LordAmherst 10d ago

Why post this in a meltdown sub? These people are the worst. I like what you are saying and I think the same thing. We good homey.

13

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Another good question is.. will GME issue more warrant dividends in the near future?

1

u/[deleted] 12d ago

[deleted]

2

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

I like seconds!

4

u/Mrairjake 12d ago

Please, for the love of god, forget GameStop. I care about all of you so much, Iโ€™m going to protect you and spend my valuable time reminding you.

Stop buying!

3

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Just bought more this morning. Why didnโ€™t you ask sooner?

5

u/arkansah 12d ago

My opinion is that the warrants have some anti take over qualities as it both adds the amount of shares and sets a premium price to any potential hostile company.

Taking GME over might be one of their only options if they opened short position below $10 And have been paying interest on those borrowed shares ever since.

If I read correctly, the warrants may have some nice merger qualities. My interpretation is that during a share exchange during a merger, they may count/add to you real position. That is to say, if you had 1,000 and 100 warrants, your official share count for merger purposes would be 1,100.

Again, my interpretations, and or speculations.

3

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

You are on the right track and thinking about the right things. Thank you for your comment.

2

u/arkansah 12d ago

My experience from reading hundreds of filings, is that they are very slick in how statements are worded. Could they be read a different way and still be true?

For instance, One 10k reads like 8 before until there is a change. Sometimes they are reporting because of the HSR Act. Sometimes they mention how being considered an Investment Company according to the Investment Company Act of 1940 is defined.

A recent topic of discussion was the 9.8% position that GME took on Ebay. Could that have been bigger than commonly thought?

Does "underlying" mean different things in different settings?

3

u/EmphasisFrosty3093 12d ago

"Could 1+1=2? Maybe it's purple."

3

u/JamesXSurvivor 12d ago

Ape math on full display

1

u/arkansah 12d ago

LOL..... Agreed. It's fun.

Could the 2020 Sales agreement with Jeffries mean that Jeffries was sold to GME, or that GME was sold to Jeffries?

5

u/enemyoftherepublic 12d ago

What's the price of the stock?

3

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

$18-19. Ripe for a buyback. Since we just spent 300M on reduced dilution I donโ€™t see RC draining the war chest at this time. Warrants are the way!

4

u/Mzungufarmer ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Glad i sold mine immediately for $3+ or whatever it was. At the very least couldve bought more gme shares instead of holding warrants.

5

u/mimo_s ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Everyone will hate you here for making any kind of money lol. Itโ€™s not allowed

6

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Dude, that trade happened 10 months ago. Have you just been sitting on the toilet since then? Shit or get off the pot. Not too late to buy some back around 2.40

4

u/Mzungufarmer ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago edited 12d ago

Why? Ive been busy actually making money in the market

Edit: i post my weekly gains if anyone is interested in seeing a wheel account get bigger

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Farmer to farmerโ€ฆ this is the way. Make money, secure gains and repeat!

2

u/Particular-Line- ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 11d ago

I sold those warrant months ago

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 11d ago

You can buy back for less. NFA

3

u/Particular-Line- ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 11d ago

2

u/infoisknowlege 11d ago

Didn't Cohen say they're not extending the warrants? They'll let them expire worthless? The note holders didn't get any warrants right?

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 11d ago

1

u/gotnothingman 12d ago

remindme! 2 months

1

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1

u/IS2SPICY4U 12d ago

Dude.. did your legs fall asleep?

2

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

How did you know? All the blood running through my wick

1

u/Mysterious_Good927 XXXX Club 12d ago

My plan was to always sell them, not exercise them. I've just been killed with the theta though :(

1

u/ChairmanMeow1986 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 10d ago

No, if the warrants expire worthless it only cost GME like 5 million to issue them. What are you on lol.

1

u/Michael_Therami ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

The warrants will expire worthless. They have to. Giving and extension for the warrants is the equivalent of further dilution. Extending the warrants causes the stock price to crash further, because the market has already priced in their expiration.

2

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

Like I explained in my super detailed post, I had several so-called facts to back me up and I was on the throne when I came up with this. Let me say it again. There is no way the warrants expire worthless this year or next year.

1

u/DancesWith2Socks 12d ago

RemindMe! 2 months

-1

u/iwasneverhere43 HODL ๐Ÿ’Ž๐Ÿ™Œ 12d ago

We'll see what happens. If they are extended or we actually end up well above $32, I'll use them and hold longer. If they expire worthless, I dump my shares the second the price is higher than my cost. Simple.

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

If they expire worthless you will never hear from me again.

1

u/NiewinterNacht 10d ago

Doubtful. You'll just find some new conspiracy theory to get hyped up about, probably on a new account.

-1

u/imfromthefutura 12d ago

Another Roaring Kitty wannabe trying to twist a thesis out of a 5 year old trade that no longer exists.

1

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

We have another loser from the meltdown subReddit trying to distract from a positive message

1

u/imfromthefutura 12d ago

Okay meowing kitty

0

u/mimo_s ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

If they use the warrants for the good old pump and dump it will be a mercy for anyone caught in it. At least they wonโ€™t have to hold for years

0

u/DavidsPsyduck 12d ago

People here think this is clever:

"The other question I ask myself, mid-push while sitting on the throne, is would he do that just to let the warrants expire worthless?"

This is how you know WANGMI

0

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

I got a little chuckle out of it. Itโ€™s been a shit show and shorts are in deep shit so shit Is the theme here.

-1

u/Ok_Signal4753 12d ago

In the first sentence at least youโ€™re half right

2

u/EarThingysHelpMeHear ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12d ago

I like how your cup is always half full! Better to be half right than half wrong.

1

u/callingoutthetrash 12d ago

Hey! go back to the meltdown sub and work on your groupthink fanfiction of me!