SOURCE: https://x.com/icahnic/status/2061954073906082051

Ryan Cohen is playing chess and until you realize this nothing will make sense.

The $EBAY proposal was the spearhead. Half cash, half stock. Some might even say dilution.

To block the acquisition, $GME needs to be priced low - requiring more stock to finance the deal.

Enter… the buyback + Q1 earnings announcement.

This is the curveball.

To prevent the buybacks, price must be high. To prevent the $EBAY acquisition, price must be low.

This pits two sides of the trade against each other.

In the end, Ryan and shareholders are rewarded - regardless of the outcome.

Anyways, whats an exit strategy?

Nice, when it dips buy more!

17 million volume today.

Kek

Average volume,just under 5 million.