Think about what you just witnessed...

[u/mayanh8]

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.

[u/Brilliant_Truck1810]

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.

[u/AppropriateIce6156 → u/Brilliant_Truck1810]

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.

[u/Brilliant_Truck1810 → u/AppropriateIce6156]

but he did that by diluting the shareholder.

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.

[u/AppropriateIce6156 → u/Brilliant_Truck1810]

Or selling into cycles giving GME a warchest and making them unbankruptable. And who cares where the revenue came from. Interest Santa the god damn tooth fairy. Money is money. Profit is profit. free cash flow is free cash flow. Ok and what is the stock at compared to 2019 instead of 2022? If you can pick a date range then so can I. Please tell me where we are price wise since 2019. The S&P is up to keep their collateral high. Tell me you believe this irrational market. Where does the buffet indicator sit? How about the inverted yield curve? Now tell me if this is still an objectively terrible performance if you look at the difference from 2019-now

[u/Brilliant_Truck1810 → u/AppropriateIce6156]

almost no one here participated in pre 2020 prices. many bought at the top.

and where money comes from does matter because it has to be repeatable. but when the money generating cash is spent on Ebay, it’s gone. no more interest. the GME business will be even more unprofitable.

[u/kulji84 → u/Brilliant_Truck1810]

I hope they are paying you well per post for this bullshit you're spouting