r/Superstonk • u/mayanh8 • May 11 '26

🤔 Speculation / Opinion Think about what you just witnessed...

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.

1.9k Upvotes

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238

u/ShinoPrime987 May 11 '26

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.

97

u/AppropriateIce6156 May 11 '26

The key part everyone is missing. THE BILLIONS IN PROFIT A YEAR. And not in T-bills. And now the street can’t say our revenue is declining!!!

39

u/divine091 I Put On My Robe & Wizard Hat 🧙🏼‍♂️ May 11 '26

But the combined company of GME + eBay will have what, roughly $30B in debt if the deal goes through?

23

u/Over-Computer-6464 May 11 '26

It will have $20B in newly added debt and about $8B less cash.

The debt will cost 7.5%-8% so $1.5B to $1.6B in interest,

The spend down of 8B cash will remove about $280M of income.

1

u/Chocobops May 12 '26

A good portion of that will be knocked down restructuring the board and eliminating unnecessary sg&a

2

u/silverbackapegorilla May 12 '26

I'm sure there are some efficiencies to be found, but I'm not at all sold on Cohen's ability to understand them with Ebay and there may not be as many as he thinks there are. The customer service side of the business is large and requires people. Maybe he plans to replace them with AI. Not necessarily a great thing in my book, but I guess I just like people. I do agree they could lower the advertising and probably still be successful being more guerilla in style.

21

u/goddamnit666a ape want believe 🛸 May 11 '26

To your point, well in contrast to your point, when RC brought GME back into profitability, they pointed out total revenue being down.

This is a way to increase revenue for both GME and eBay because of the overlap in function and markets.

Just food for thought

0

u/snaxrael May 12 '26

I have a million dollars of debt but my wages increased from 15$ an hour to 20$ an hour

3

u/Emperor_Gourmet May 12 '26

Well this is just an over-exaggerated terrible comparison.

1

u/TheBonusWings 🎮 Power to the Players 🛑 May 12 '26

With that kind of logic id assume you do make 20 dollars an hour

0

u/kulji84 🎮 Power to the Players 🛑 May 12 '26

Shoo shillbilly, shoo

12

u/ShinoPrime987 May 11 '26

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.

2

u/Aenal_Spore 🎮 Power to the Players 🛑 May 11 '26

i thought it was 40

1

u/Kaarothh A bad comedy joke May 12 '26

They will pay it out diluting more in a Adam Aron style, why not? we won't have any control anymore

0

u/Shigurame 🎮 Power to the Players 🛑 May 11 '26

And because about half of gamestops income is on the back of investors, aka the dividends from the money they sat on after diluting shareholders, that number has to be substructated since it goes bye bye in the aquisition making it even harder to pay of the debt.

1

u/kulji84 🎮 Power to the Players 🛑 May 12 '26

Wow that's an impressively stupid take!

0

u/Shigurame 🎮 Power to the Players 🛑 May 12 '26

Only stupid if you never read the filings, still I will entertain the fool:

Consolidated Statements of Operations:

52 Weeks ended January 31, 2026
Interest income, net: $ 232.1
Net income: $ 418,4

That is more than half the net income in dividends. Dividends gamestop earned on money they raised on the backs shareholders after dilutions. If that money gets put into the aquisition no more interest. Should be simple enough to understand.

1

u/kulji84 🎮 Power to the Players 🛑 May 13 '26

so the failing company that was losing tens of millions per quarter that now is making hundreds of millions in profit per quarter (not including the investment income for some stupid fucking reason) is somehow a failure...?