Sources:

https://x.com/ryancohen/status/2051097144673665401

New WallStreetJournal article breaking down the bid: https://www.wsj.com/business/deals/gamestop-is-offering-to-buy-ebay-for-56-billion-ceo-ryan-cohen-says-fd330f5a

TL;DR: GameStop’s $56 Billion Bid for eBay

• Unsolicited Takeover: GameStop CEO Ryan Cohen has made a massive $56 billion unsolicited offer to acquire eBay.

• The Price Tag: The offer is set at $125 per share in a mix of cash and stock, representing a 20% premium over eBay’s recent closing price.

• Vision for Growth: Cohen aims to transform eBay into a "legit competitor to Amazon" by merging its online platform with GameStop’s physical store infrastructure.

• Physical Synergies: The plan involves using GameStop’s retail locations as hubs to collect and authenticate high-value items like trading cards and collectibles for eBay sellers.

• Funding the Deal: To pay for the acquisition, GameStop plans to use $9 billion in cash and has secured a $20 billion debt commitment from TD Bank, with potential further backing from Middle Eastern sovereign-wealth funds.

• Ready for Battle: Cohen has stated he is prepared to launch a proxy fight and take the offer directly to shareholders if eBay's board is not receptive.

• Ambitious Scale: This is a "David vs. Goliath" move, as GameStop is valued at roughly $12 billion, while eBay was valued at $46 billion before the announcement.

• Massive Payday: Cohen has a personal incentive of up to $35 billion in stock if he can successfully drive the company's market value to $100 billion.

https://www.wsj.com/business/deals/gamestop-preparing-offer-for-ebay-1678e6de

---Full Article since it's behind paywall.---

GameStop GME is preparing to make an offer for eBay EBAY , according to people familiar with the matter, part of CEO Ryan Cohen’s audacious plan to turn the retailer into a $100-billion plus juggernaut.

GameStop, which has a market value of around $12 billion, has been quietly building a stake in eBay’s shares ahead of a potential offer, the people said. EBay is several times GameStop’s size, with a market value of around $46 billion.

GameStop could submit an offer for eBay as soon as later this month, the people said.

If eBay isn’t receptive, Cohen could decide to take the offer directly to eBay’s shareholders, one of the people added. Details of the potential offer for eBay couldn’t be learned.

Cohen has made clear he’s eyeing a major transaction. He told The Wall Street Journal in late January he was scoping out potential deal targets, especially in the consumer and retail sector, as part of a plan to scale the business far beyond videogames and collectibles.

GameStop adjusted Cohen’s compensation package at the beginning of the year to give him extra incentive to boost the company’s market value and profitability. He stands to make as much as $35 billion in stock if certain criteria are met, including if the market value hits $100 billion, the Journal previously reported.

He has been cheered on by GameStop investors including Michael Burry of “The Big Short,” whose bets against subprime mortgage bonds were chronicled in the Michael Lewis book. Burry has written in his Substack newsletter that GameStop should use its cash pile to make transformative acquisitions.

GameStop’s shares have risen around 30% so far this year, in part on momentum surrounding Cohen’s dealmaking plans.

EBay’s shares are up more than 50% over the past 12 months as its strategy to focus on core categories including collectibles and fashion pays off. In February, eBay announced a deal to acquire secondhand fashion marketplace Depop from Etsy for $1.2 billion.

GameStop had around $9 billion in cash on hand at the end of March, up from $4.8 billion a year earlier. Cohen would likely enlist his legions of online followers to rally behind a deal, too.

Cohen, the co-founder of online pet-products retailer Chewy, gained a cult following after he built a big GameStop stake and in late 2020 criticized the company for moving too slowly toward e-commerce. He joined GameStop’s board in January 2021, when the business had a market value of a little over $1 billion. He rose to become chairman later that year and vowed to turn the struggling retailer around.

Edit:

Acquisition attempt confirmed by RC.

https://x.com/ryancohen/status/2051097144673665401

They're either going to try to do it peacefully with an offer or they will use proxy power from the stake that they've already bought in the company and buy more to get more voting power and then take it to the shareholders (basically a hostile takeover)

Ryan Cohen - @ryancohen - Feb 18

The Hollow Men

American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.

By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.

These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.

In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.

Today, we have severed that link.

We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.

If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.

This looting starts in the boardroom.

We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.

Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.

And for what?

Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.

They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.

And what happens when these boards hire executives who also have no personal capital at risk?

We get the Delegation Economy.

When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.

This is not management. It is intellectual money laundering.

They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.

While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.

If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.

The time for polite governance is over.

If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.

https://nitter.poast.org/ryancohen/status/2024203261830447185

https://x.com/ryancohen/status/2024203261830447185#m

Power to the Players

TIL IT’S F’N NOT.

See ya’ll on de-moon!!!!

(by the by - we never went there 😀😀😀 but will be happy to see you there!!!!).

https://finance.yahoo.com/news/ceo-ryan-cohen-just-bought-012000324.html

Truth Social is merging with TAE( a fusion not fission company). TAE is starting work on the worlds 1st 50 megawatt Fusion Reactor.

TAE has been receiving funds from the DOE for years now as it's in our national interest to be the 1st to create fusion.

DJT has been illegally naked short sold by the Wall St cartel. We know this because Devin Nunes the current CEO of Truth Social wrote a letter about this calling out 4 major hedge funds. Devin Nunes used to be on the house Intel committee. So that means he had access to the highest levels of Intel.

Remember that Q level clearance is a DOE clearance. We are talking about nuclear energy and stuff like that. Well that's exactly where Fusion would sit, it's basically clean free energy. It's the holy Grail of energy creation.

Once the hedge funds start illegally naked Short selling, they basically get trapped by their efforts to kill a company. They could close their shorts but that would cause a squeeze and that could hurt their other bits of portfolio as well as cause other squeezes. So they are kind of trapped into shorting DJT. If one of them tries to sell they might exit and keep their portfolio, but then their criminal counterparts would kill them. They're stuck.

But once the merger happens between DJT and TAE They will still have to be shorting. But now they're shorting a fusion company which is a national security issue. Trump couldn't have been seen to be going after the shorts on DJT/Truth Social because it would be self-promotion and political suicide. But if the shorts are hurting a national security interest and energy is because it has military and economic value that even China would want, that's a different story. He can go after the shorts then.

Djt has announced a crypto token. Before I lose you with the crypto, this isn't really a crypto coin, it's a rewards program. It's non-transferable. It has no cash value. It's not a security. The illegal naked shorts are not going to be able to produce this crypto reward to the people they sold phantom shares to and this will expose that there are illegal naked shorts against a national security interest.

Now these hedge funds that have been doing civil fraud become economic, terrorists and enemies of the State. This means you can't bail them out. The government can't help them because they're hurting the government. They're hurting we the people.

Trump will be allowed to go in and clean up the illegal naked shorts on DJT and then in investigation will be done into the others. Like GME AMC Silver etc.

The interesting part is these shorts also have longs. They have longs in the likes of the mag7. You know like Facebook, Apple, Nvidia, the AI companies.

When the shorts are exposed they're going to have to close their shorts and there's going to be margin calls. These margin calls are going to affect the mag 7 stocks as well as many other stocks across the market. Because they're long positions will be liquidated to cover their short positions. And those short positions will be squeezing while the long positions crash. It will be a fire sale.

In 2022, Ryan Cohen asked the apes to allow him to create 1 billion shares. We are currently at about just under half a billion shares. Once the squeeze is really going because of the continued margin calls against these economic terrorists, Ryan Cohen will sell into the squeeze. Raising even more money. GME currently has about $9 billion of cash on hand and they're profitable.

Ryan Cohen has also changed GameStop into a holding company. The most famous holding company that there is is Berkshire Hathaway that's Warren buffett's company. A single share of class A brookshire Hathaway is currently about $750,000 plus dollars.

If Ryan Cohen sells into the squeeze that is being forced by the government because their economic terrorists, he will have a huge War chest.

And again all of those mag 7 stocks that the hedge funds are long on are going to be on sale because they've had to be sold off so quickly.

Ryan Cohen will be able to deploy his War chest, and actually create a holding company of real value, of Berkshire Hathaway size, basically overnight.

I think silver will squeeze along with GME, DJT, AMC. (Not the big fan of AMC though), and others. But you need to DRS your shares. That means direct registration because right now if you have a brokerage your shares are probably just an IOU.

Lot of apes in the gme community. Have been assuming that profitability or something that Ryan would do is what's going to cause the squeeze to happen but the government would never allow that to happen because it would crack the stock market.

But if these shorts are found to be fucking with national security interest, that's a completely different story. DJT along with TAE and their token is what's going to cause the squeeze to happen.

I really think Q set up the APE community. The due diligence articles that came out months after the original squeeze, are PhD level documents that have never been disproved. And they all seem to come from regular guys. These aren't people that have experience in the market. They're just regular Joe's that wrote these articles.

They talk about market mechanics that have never been discussed that aren't taught in school and they even talk about Cede and Co. Cede and Co, is what owns 90% of all shares in the stock market. Remember you just have an IOU for one. They actually own it.

That's why it's important that you DRS so you get your shares outside of the DTCC, outside of Cede and Co, and actually in your name.

Back to Q, Q knew that gme could be turned around if they put the right billionaire in there. I think they went to Ryan Cohen and asked him to do it. Just like they asked Trump to run. But they also knew that if Ryan Cohen did anything to cause a squeeze that he would be accused of market manipulation.

There have been several times that Ryan Cohen has sold into a squeeze, and the apes assumed he was trying to kill MOASS. I think he's trying to preserve it, he can't be seen to be causing it. The market makers, the hedge funds, the SEC. Everybody would sue them. It would take years and he might even fail then. The buy button would be turned off again or some other market fuckery trick, and trades would be reversed.

But if Q set up a community of individuals that are going to have diamond hands and not sell and drain the wealth from the corrupt Wall Street back to we the people, they would also have to have a mechanism to trigger that squeeze that would be unassailable.

That's why DJT and TAE are merging and issuing that token. They are exposing these financial terrorists to really be who they are enemies of the people. Attacking our economy as well as attacking our national security.

I think this is how the mother of all shorts squeezes is going to happen.

Now go buy some DJT, GME, and Silver. But DRS it so it's in your name. I think MOASS happens this year.

This is not financial advice, I'm just some Qtard and an APE. What do I know? Wall St would call me dumb money....

One last thing, I think this is how Q will kill the Federal Reserve and put us back on a real money standard.

Might want to file this under "Interesting GME Qincidences"

Short interest increases to 16.90% ~ 17

And days to cover is at 13.85. 👈 1+3+8+5 = 17

Also, Michael Burry has been engaging folks on twitter / x regarding GME and says he will share his analysis sometime this month.

Also, Schwab brokerage has now showed four overnight "glitches" where the GME price dips down to $3 / share for only a moment with very little volume. Most likely someone manipulating the system to swap out baskets that are about to Fail to Deliver.

FYI:

u/propertyofUniverse

u/Pbman2

u/queue-anon

u/AmateurExpert

u/N0rds

Found a very ’dasting, and complex, thread on Reddit. I remember reading about European Dark Pools at some point a while back. This thread is looking like the receipts for that claim.

It’s so long only about half of it fits in the thread box, so here’s the link and TLDR to start, thread to follow in a comment.

Source Link: https://www.reddit.com/r/Superstonk/comments/1nt385a/another_glitch_in_the_system/

Part 1: https://greatawakening.win/p/1ARK57rgOJ/x/c/4eXu1hTN9XS

Part 2: https://greatawakening.win/p/1ARK57rgOJ/x/c/4eXu1hTNh6W

Summary and TLDR

To summarize the implications to the global markets, I lean towards believing that the extreme derivative behavior around Gamestop’s stock price is a hallmark of shadow banking behavior, massive price arbitrage, regulatory avoidance, hidden risk structures like those that collapsed Archegos, and fragile market structure that relies on a few over-leveraged “nodes” to function. If I am even partially right, it raises questions like:

Who is holding these derivatives and exposures? Is it Archegos/Credit Suisse leftovers in the hands of UBS? Citadel? Hedge funds? Why this specific stock? And what happens if it is halted, delisted, bankrupted, or explodes as a massively successful turnaround story?

https://files.catbox.moe/y1r77b.webp

Just going to leave this here as a little tongue-in-cheek way to drive that last question home. The turnaround of Gamestop is not just a theoretical possibility, it seems inevitable. “Apes” won, saved the company, and it’s fundamentals are detaching tremendously from its valuation. What happens when one side of the bet must capitulate? It seems that day is rapidly approaching. As you can see with Palantir, stock prices do not stay detached from reality forever.

This has been a grind of a read, so let me just end it here with a final thought, that I think most logical people can get behind, assuming they find the data itself compelling:

If massive derivative activity happens around a small retail stock, but not around major macroeconomic events, it suggests the stock is being used as a key piece in the hidden mechanics of financial risk. It’s like finding a tiny bolt in a skyscraper that, if it breaks, sends shock waves through the building, while literal earthquakes from outside the building don’t.

We tend to think that Gamestop is just another stock on the global market. But what if Gamestop is just… where the game stops?

TL:DR:

• 🕵️ Bizarre Data Anomaly: The author examined public DTCC data, specifically the outstanding notional value of "equities, single-sided non-EEA" derivatives (complex, cross-border equity transactions) - which typically hovers around $2–$3 trillion.
• 📈 Astronomical Spike: This value inexplicably spiked to an absurd and unprecedented peak of nearly $485 QUINTILLION (485 million trillions), a figure many times larger than the entire global economy.
• ❌ Confirmed by DTCC: The DDRIE (a DTCC repository) confirmed the data was accurate and compliant with regulatory requirements, despite the author's initial belief it must have been an error.
• 🎮 Gamestop Correlation: The start of the spike precisely coincided with the week that DFV began posting about GameStop again, linking the anomaly to the stock's run-up.
• 📉 Decay After Offering: The massive quintillion-dollar figure rapidly collapsed back to its normal baseline only after GME CEO Ryan Cohen issued a 75-million share stock offering.
• ⚠️ Shadow Banking Risk: The author concludes this extreme, anomalous trading, which was not seen during other major global crises like the COVID-19 crash, suggests the stock is being used as a critical component in complex shadow banking activities, creating a fragile, hidden systemic risk in the global markets.

I've been holding GME forever and basically forgot about it. Looked at the account and now I have 1 GME.W valued around $2.93

I don't know where it came from, but understand I can buy more GME.W at this price. Can anyone explain to me what's going on with this?

Thanks and I appreciate the help

APEs and Frogs,

I just saw on SuperStonk that Fedwire, the system that allows banks to instantly send money back and forth, is going down on Monday. Last time this happened was in 2021 same day as the squeeze.

We always said one domino will fall then the others will follow. This cuts off their ability to help one another cover for margin calls, does it not?

What say you all is this what is going to kick off MOASS? I need this soon. Would be the perfect time. It's either some DJT or Silver that I have to sell in a few weeks to cover my needs. Had a custody case that bit my ass hard. Sucks to pay a lawyer to help you protect your kids from their mother.

Anyway. Think we will moon on Monday? Or will it be Tuesday? Or tomorrow? Or in two weeks?

Thanks frens, DBEMarine

EDIT: US Bonds Market is closed but the Stock Market is open on Columbus Day(Monday)

The options are to exercise all warrant shares, partial warrant shares or sell.

Exercise price per share is $32. I have 42 warrant shares. Current GME stock price is around $24.

What say you?

He'd gain quite a few new fans if he'd start talking about our corrupt markets. That's all.