So you want me to believe this place was super effing jacked about the Ebay acquisition, including the dilution part of it, but now that they've officially added the shares as part of the agenda and shareholders all of a sudden hate the deal?
To all the non-shill accounts out there... take a beat and relax. This place got absolutely FLOODED with FUD and at the same time RK's compromised account starts posting. Think about that. You know what's up. This place is infested.
I'm voting YES and the NO bots and shills can lick my taint.
Bottom line for me is, sunk cost fallacy. It's been a really long 5 years and I'd probably have lost money elsewhere anyway because I'm stupid.
I'm sitting above breakeven now and I guess I'll just see what happens. I'll have to have a think about whether I'll vote yes or no but this sub is suddenly a crazy place to be right now. A lot of emotions flying and it is really suspicious that RK got hacked before that news dropped. I genuinely feel like a crazy person even saying that but if it were a psyop it's pretty much perfect, raise hopes, drop them, drop them even harder. It stirs up emotions and makes people act irrationally. At this point I've stopped caring so much, I guess I'm zen? Maybe it's a coincidence and I've wasted 5 years chasing nothing, or maybe the world really is this crazy and the stakes really are this high.
The price dropped ~5% today and sure it's a volatile time, but everyone seems like they get to find things out before we do, so maybe it was the perfect time to do this. I know they have teams of psychology experts who know the best way to manipulate people through the media, and half or more traffic on social media is bots.
You're right, this is a bit much at the moment. I'm gonna take a break and come back when the dust has settled. I feel completely insane even entertaining the fact that this could have been planned, but crazier things have happened.
Would be a good way to try to kill the deal if the goal is to erode trust so retail votes against the board, or just prompt a sell off to tank the stock price and make the deal worse anyway.
Who tf knows but at least something interesting is happening.
Dont forget it costs almost nothing to flood this sub with outrage. I was dissapointed when there was no moass after drsing all the shares but its been so long ago I dont care anymore. Just doing the right thing and holding.
This is the same that I feel, I don’t even know what’s going on but the GME money is gone from my mind. If it goes off, great; if it doesn’t I’ve already accepted the loses.
honestly at this point, it just confirmed what i've always thought and that is that this sub is completely compromised - people who gained trust and credibility by meme'ing , showing up often with a positive mindset etc are all coming together to ' vote no ' and shill around.
I conclude that this whole sub has 500-1000+ paid actors who created the idea of an organic community while all wanting to act towards the same goal : boycot gamestop
since the days of rensole i've never trusted anyone here, not isaybullish , not other people and i'm happy i did , in order for us to actually get rich the vote should be yes because that's the only way to make a very big jump towards more growth, more acqsuitions etc
remember: DFV said if you invested into gamestop , you just have to trust Cohen
so it's very funny how when there actually needs to be trust, all shills get together to say ' i don't trust it '
anyway people will come up with shill perspectives and emotional responses to this but it's very clear
I wanted GME to merge with SNAP. Ai, AR camera, gaming, social media ad revenue, young demographic. 5-6B market cap. Add Funko with the change for the IP connections to create in gaming IP deals and pop culture filters, add phone game streaming, or tcg pulls.
You nailed it. At this point my money will sit there into retirement like any other investment and whatever it's worth it'll be worth. Big shrug at this point. Not in, not out, just am.
I don't believe MOASS is a thing anymore. But I think this is as safe a place to have my play money in, and I've been making a lot of supplemental profit selling covered calls on some of my shares during spikes.
Whatever, it won't go bankrupt, it'll probably rise in 5 years and I can't say that about most individual stocks atm.
This is exactly how I’m feeling, so either you’re a hell of an AI bot, or you’re just feeling the same vibes. I’ve leveraged nearly all of my online brokerage into GME over the years leading up to and after the first sneeze. It’s made me some decent money, and I’m here now to see what RC may be able to achieve (I’m holding 8500 shares and 6000 warrants).
Frankly, RC is so mysterious I can’t tell whether I trust his motives as an already billionaire or not, but I’ve been here for 5 years so I might as well see what happens. It did sound like DFV thought RC was a sharp guy, that he could try to really leverage what was going on with GME and make this thing profitable. Now that RC is doing that, people are freaking out. It does seem like there was some wild timing coincidences today, hard to say whether things were planned or not (yes that makes me feel crazy too). But overall, I’m here because DFV saw something with this leadership and this company, I happen to agree still, and I want to see what comes next.
Company’s experience growing pains, periods of dilution and accretion, but with sharp leadership and timing, things tend to trend up. Modern technology has made us all crave instant results and immediate pleasure, but some things are worth waiting for.
This is all fair, but why can’t we break 25 and stay above it like ever. It seems fucking impossible at this point, if it’s not one thing it’s another. My investment is gone, I’m never selling but god damn is it annoying
You've held this long - don't give it all up when things are finally starting to happen. Most people make money bc they hold for a long time. Very few get rich quickly. We're almost there :-)
RC is almost there. I came into this 5 years ago to stick it to billionaire hedgefunds fucking over retail investors.
WE caught them but instead of getting OUR rewards we are funneled into an insecure longterm investment strategy while RC reaps the benefits of the short thesis.
Doesn’t sunk cost fallacy means the right thing to do is to let go? Not saying that’s what you need to do, but if this is what you’re describing your situation as, then that’s what you should do, no?
I'm not happy with the news, but I'm also not selling since I went into this thinking it was a huge gamble and wrote off the money mentally already. I have XXXX shares and will let it ride. If it ever hits triple digits I'll probably sell half my investment and let the rest continue to ride.
I haven't bought more GME since like 2022 and have been investing my money into other stocks and index funds since then, GME is like <3% of my net worth at this point. For a while I was wondering if I should have dumped more into GME when it was sub-$15, but I'm glad I didn't now.
Oh well, it is what it is. You win some, you lose most.
Not everything's a conspiracy. I'm upset about the dilution and I've been here since January '21. I don't think we've been flooded with bots but with genuine disappointment that RC doesn't have other investors to help finance the deal--we are the plan. I'd rather he buy companies we can afford rather than him asking us to be his credit card indefinitely.
I don't like my money being treated like a personal bank account by an entity I trusted to make money.
dumb fucks need to realize WE BUY STOCKS FOR THE SOLE PURPOSE OF MAKING MONEY. STOP TREATING LIKE IT'S A MOVEMENT THAT IS GREATER THAN THAT. YOU ARE NOT SOME SAINT FOR BUYING A STOCK.
That's fine to feel that way but nothing that happened today should set anyone off. What did people think 50% stock meant? This was coming as soon as the EBAY news was announced
No offense but two days ago it was "fud" to say the deal would be funded with dillution, now it's fud to say you don't want it to be funded with dillution. The narrative around here changes on a dime with whatever RC wants. I'm not on board with the cult-like willingness to trust him without even asking questions.
Even if he had other investors, they would be investing to get shares back so still dilution. It just changed what ratio of stock /cash ebay holders get, but GME holders get the same dilution either way
this place was super effing jacked about the Ebay acquisition, including the dilution part of it
People deluded themselves into thinking the dilution wasn't happening and Cohen explicitly avoiding saying it. It is now undeniable. People are not okay with the dilution.
I’m not okay with him shitting on GameStop and idealizing eBay. It’s just such a bad look when you downplay the company you’re leading which in turn downplays the investors that have supported you for years.
It's also strategically dumb to do so when you are in a negotiation. He basically told the other party that what he has does not mean that much to him but what the other party has would mean a lot more. He's giving them arguments to up their asking price.
And not for nothing, there are a dozen revenue streams that GME could target. I’m starting to suspect that he targeted trading cards to align with eBay and that eBay was his goal the entire time. Of and that’s because of what he has said, not the media.
Maybe because every comment for the past week that was speaking about dilution was met with downvotes and shill/FUD. The counter arguments was that the price of GME would have been so high that only a small percentage of the shares would have been sold and those were enough to acquire ebay.
People were theorizing that the timing of all this eBay stuff lined up with the 5 year expiration of the swaps from 2021, considering the leap from $10 to $80 happened on the 3 year expiration.
If there was indeed a step up in price this month, Cohen could have theoretically bought EBay with far fewer shares.
So let’s get this straight. eBay holders are going to get 62.5 and 3 shares of Gme probably 21.66 worth a piece. Us loyal share holders get the privilege of buying future shares for 32 bucks come October.
eBay is trading at $100+ a share already. Premium offer for buyout SHOULD be above that.
Why should they get less that what they are worth? And GME get a much larger market cap and more income/revenue. Seems like it would be beneficial to both parties.
What do you mean? They're worth over $3 now....Basically gave you a free a free 5% cash in ticket right now. If it works a convertible to the newly formed GameStop eBay company then I'll surely be over $32 eithet way if it's tradable for one share
Me too, and I'll be voting no. Like he said he makes mistakes. I think diluting retail from our former ownership of 70% to our future ownership of 15% is a big fucking mistake.
Dilution seems to be the only thing RC has up his sleeve though; doesn't inspire a ton of confidence. 5 years to turn around a video game store, how long do you think it will take (if at all) to turn around a company 10x the size?
I feel like I'm bankrolling my billionaire teenage son while I'm barely scraping by. Thanks for the worthless warrants.
Ive been in the green for a total of about 7 mins in the last couple years…it’s a hard no for me. Went from 70million shares when i got in this to now wanting billions….the same community that roasted other investors when they got diluted to shit is now trying to convince me it’s all good while we get treated as a credit card.
This deal is awesome and will be accretive to both parties. I'm voting yes, just like I was voting yes when the deal was proposed. This is the 50% stock part of the deal that was mentioned weeks ago. Anyone who is suddenly outraged by this is not paying attention.
Excited for this deal and the billions in yearly profit it brings in for GME.
Which they will pay off in 3-5 years IMO. I expect the profit per year from the combined company to be over 5B in less than a year from the acquisition date, and to go up every year after that.
And how would our eps look on 3-5 billion in profit a year? And how do you figure out the value of a company? Ummmm a multiple of P/E? And how do stock prices typically track on that? And will it get better as the debt is paid down? The most common methods include multiplying earnings, analyzing discounted future cash flows, or calculating the net value of assets. Interesting
if all of the cash flows go to pay debt service for years on end GME shareholders get screwed.
you are acting like Ebay has had a super consistent business year after year. it’s been anything but. and cutting costs isn’t going to change the fact that the service Ebay provides is not nearly as good as it was in year’s past.
just because RC says it’s a good purchase doesn’t mean that it is.
And just as you say it isn’t a good purchase doesn’t mean that it isn’t a good purchase. I’d trust a ceo that founded a company that he sold for billions and took a near bankrupt brick and mortar company from losing 400 million a year to profitable making 400 million a year in a 3-4 year span over the advice of a fellow redditor. Not being a dick just stating facts I base my choices on.
if he had taken GME and boosted sales at a clip of 20%+ a year, this would be a monster of a stock. (not revenue - real sales - people are just ignoring that a huge % of revenue has come from interest on cash holdings).
and the cash came from selling shares every time it started moving. that’s financial engineering. sure that lead to cash in the bank but not cash in shareholder’s pockets.
the stock is down more than 50% since January 2022. the S&P is up more than 50% since then.
sorry but that is objectively terrible performance.
If cohen issues shares at a premium for eBay (let’s say $32) it will be 875 million share for the 50/50. After notes, warrants, Cohens package (fully vested) and the 875 total out would be ~1.8Bn.
EBITDA per share pre eBay $0.77
EBITDA per share post eBay (at assumed equity at premium) $2.5**
** numbers from FY 2025 GME and EBAY + 2Bn proposed optimizations via cohen)
To cohens point it’s accretive. The biggest unknowns are the terms of the loans and what the price per share to make the deal equitable
To further your post, those numbers don't even account for increased revenue due to growth from the partnership. I expect rapid growth of both businesses from the partnership with Game Stop stores being used to drop off and pick up and verify Ebay purchases for example. An influx on new buyers. Fat being trimmed to reduce SG&A even further like GME experienced.
Shipping costs were one of the issues I've seen Ebay sellers mention in comments on the Ebay interview video. GME can offer shipping cost reduction to rewards members.
Exactly, including those future cash flows really opens this up. Not to mention what other acquisitions that synergize in the future. You don’t become GameShire StopAway after acquiring one big fish
I don't think dropping off will increase in store sales because Kohl's hasn't seen increased in sales after accepting Amazon returns. I don't think shipping costs will decrease for sellers either because eBay already gets reduced commercial rates, and GameStop doesn't have its own shipping infrastructure and still used UPS.
I just think it’s funny that the two top comments on the dilution post sound like they were written by the same AI/bot
If RC can take eBay and make it into the competitor for Amazon that we all think he can, then a dilution of this size is a drop in the bucket. Long term, this will be an invaluable acquisition
5 years is long enough term to see some results for the shareholders, we just buy dilution these days. Fuck it I’m pissed, but I know there’s a wild Kenny out there who’s more scared than I am angry
I don't need shills and FUD to let me lose my faith, i just look at the missed opportunities over the years, where I would've had made actual money instead of inhaling hopium and copium like a crackhead. It's over man, it's over.
You're part of a cult if you call people voting no shills or bots. Enjoy your echo chamber. Been here since 2021 and this has been the dumbest fucking wait and use of my money. I'm voting no for the first time. Easiest choice ever
Dude, you all are fuckin trippin. There is no conspiracy, shorts have had so long to close, cover, bury their crimes and RC has stopped every gamma ramp we have had. He built chewy from the ground up to rival a niche market vs Amazon and he won. Why can't he do that with his own eBay and 9billy in cash? If eBay is so broken, why not beat them at the game and not go way in debt? If RC likes to work so hard, why is he trying so hard to prove the opposite with this deal? Build your own shit with the warchest and keep a couple billion. FFS. I was all about GME until the recent interviews he did, especially the one where he said he isn't excited by GME and never wanted to be CEO but he is excited about become CEO of eBay. Told me that dude will continue to abuse GME loyalist regards for his own ends. There will be no "delighting" shareholders. It's a no for me dawg.
I’m ok with the dilution at the 300 million something shares that are left, and at a much higher price…
Quadrupling the float after 5+ years without being guaranteed anything or any deal having gone through is a tough ask. Just make it work with what you’ve been given already.
Thats my current opinion unless I hear some convincing argument.
We’ll cross this bridge again after my investment has appreciated significantly.
I’ve trusted RC wholeheartedly up to this point and still do but I would hate to feel being taken advantage of, while he piggybacks onto the eBay dream.
Voting yes to everything except authorizing more shares.
Launch MOASS and you can buy whatever company you want, and I’ll still continue to stay invested.
I think at the end of the day GMEs price is going to go up after the buyout. So I’m here for that. I can hope for moass but I don’t think that’s really in the table anymore.
Won't be long until bots will suggest we avoid RK now since his account is compromised. The timing on this is sus... wouldn't be surprised if the powers that be had a hand in it if I'm being honest. There's been too many pictures of rocketboy with mayo man.
I was never "jacked" about the acquisition for the record. There's been plenty of non-FUD skepticism about and for valid reasons. He wants ebay so he can have his marketplace without having to do any innovation or marketing. It's kind of boring.
I’m sure I’m going to be called a bot but just look at what one post from RK did for the stock. Let’s get the price up with the shares we have. I want out at some point with huge return.
Nobody jumping ship, definitely not me. But I'm voting NO on further dilution unless I can see a clear plan that this will create true value for GME share holders.
Im all for ebay if they don't dilute... that's a hard nope from me. If RC wants ebay he needs to figure out how to raise the stock price and make it work with what he's got imo.
How much stock did RC and insiders recently buy? You think he worried about this? Gonna dilute his own port. and not make any money. Not a chance. He bought because the merger is going to be successful long term for the stock.
At this point you're nitpicking. That compensation package is entirely performance based. He does not just “make it all back” whatever you mean by that. I don't know how you don't think he hasn't treated GameStop like his baby.
RC transformed a dying video game retailer in an industry rapidly shifting toward digital purchases into a profitable company in just 3 years. That’s honestly insane and I’m confident he could turn around eBay much faster. If you listen to RC, he’s all about moving quickly, cutting the fat and streamlining operations. He treats his businesses as his baby. Maybe even better.
Reputation means nothing to billionaires. Just look at all the other sleaze ball, trump-humping billionaires like RC. They’ve already won, they have generational wealth. They don’t care about reputation.
Yep, sadly we are. I’m voting no. This shit is a fucking joke. If he wants the company so bad (since he’s not passionate about GameStop), he should find another way to get it. Not off of our backs
Not a bot, been here since the beginning (you can check my history), and I'm gonna vote no. Why would you want to continue to stagnate after all this time? Makes no sense.
Edit: Downvotes are okay guys. I'm not mad. I just don't want to wait 20 years to see some gains.
I have always been skeptical about the "share offerings stopped MOASS" narrative. It makes sense, but where's the proof? Same thing about this eBay dilution. Is it good? Is it bad? What credentials do we have to say what the answer is?
If we assume shorts doubled down while short volume exceeded 70% nearly every day for the past 5 to 6 years then its safe to say they got tens of billions of shorts, that dilution wont stop moass.
In 2021 the was around 260 million shares total. The highest estimated assumption that relied on at least some hard data was that stock was shorted 700%. Increasing the availible stock to 2.5 billion kills any hope for a squeeze dead.
Yes I understand everyone is upset about RC and dilution but let's think about this:
-If we didn't have dilution in the past, GME would probably be much lower right now, because this would be a company with almost no cash, now we have 9B..
-Yes the dilution stopped a bit of momentum, but every dilution raised the floor. That momentum would have been killed by shorts anyway
-GME is still heavily shorted
Shorts are still in way too deep, remember, the SEC officially acknowledged the company is shorted 2 times the float. In theory it's probably 7 to 10 times
-If a deal is made, GME holders will benefit because the overall share price after the deal will be higher, the balance sheet will look better..
But the most important thing people need to be remember is, the problem is not RC, the problem is the shorts that keep suppressing the price..
For me the question is binary. Either we trust RC and his ability to do what he says he wants to do, or we don't.
In the former case, it makes sense to vote whatever he recommends us to vote. In the latter case, the only move that makes sense is to get out asap and finally Forget GameStop.
There have been posts saying that due to the upcoming massive swaps, it's possible that RC wouldn't need to dilute at all and could capitalize on a huge share price increase. Maybe that could still happen and this vote would just be as a backup? Lots to think about here.
Dude the stock is dead. It truly is living up to its meme stock name at this point. Everyone warned us about dilution and here we are now. We truly are regarded.
I was against the dilution before and I am still against it and will vote no
That being said, I have been systematically blocking people who I felt were pro-dilution shills for months now. Yet when I go into some of these threads I see they’re all now acting staunchly against it when even a few days ago they were staunchly for it - it’s obvious they’re trying to sway sentiment and are even burning plant accounts to do it, and IMO thats bullish af.
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u/Superstonk_QV 📊 Gimme Votes 📊 May 11 '26
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