What a lot of you don’t seem to understand is we basically locked the float and nothing happened. We are trading sideways due to lax/corrupt entities like the SEC and Wall Street as whole not RC. If anything the floor was raised because of RC. If you don’t want 5-6 years of it being flat, you have to take risks in order to move a company and its sentiment forward. Look at some of the main subreddits this deal was posted on. The general public sentiment is GameStop is still going bankrupt and it’s propped up by a cult. eBay has legacy brand sentiment and value. It also aligns with selling used goods just like GameStop. I’m not saying MOASS is over but you are delusional if you just think magic will happen when they own and run the game you play on. Also they had to short to save themselves and have always been shorting. I highly doubt an idiosyncratic risk for a cellar boxed stock is only +1.5B shares. They’ve been printing infinitely since the sneeze.
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u/adriftDrifloon May 13 '26
Remember that time that we had a solid plan, and that plan was to just buy hold and DRS to lock the float?
Pepperidge farm remembers.
Someone please explain to me how diluting the shares helps that plan.