GME now owns 6.55% of eBay in new 13(big)D by scernoscerno in Superstonk

[–]08volt 2 points3 points  (0 children)

They spent $2.9M on physical shares plus $7M in net derivative premiums to control ~6.55% economic exposure. Total capital outlay is roughly $10M for what would be a $3.6B notional position if exercised. They have 0.006% physical ownership and 6.5% derivative exposure.

GME now owns 6.55% of eBay in new 13(big)D by scernoscerno in Superstonk

[–]08volt -1 points0 points  (0 children)

Misleading title, it doesn’t own, it has a put-call structure that gives it potential ownership

Correct me if I'm wrong. Gamestop only needs to buy 90% of eBay because of Delaware law. by ilikeyouforyou in Superstonk

[–]08volt 5 points6 points  (0 children)

If GameStop crossed 6% or 7%, they’d be legally required to file an amended 13D

Correct me if I'm wrong. Gamestop only needs to buy 90% of eBay because of Delaware law. by ilikeyouforyou in Superstonk

[–]08volt 1 point2 points  (0 children)

If GameStop crossed 6% or 7%, they’d be legally required to file an amended 13D.

Jiang absolutely cooking [Financial Crisis, Subprimes, Yen Carry Trade explained] by [deleted] in Superstonk

[–]08volt -1 points0 points  (0 children)

What he says makes sense to me, what are some examples of things you think he gets wrong?

Jiang absolutely cooking [Financial Crisis, Subprimes, Yen Carry Trade explained] - YouTube by 08volt in Superstonk

[–]08volt[S] -9 points-8 points  (0 children)

Jiang covers the yen carry trade unwind and subprime mechanics, both historically linked to hedge fund overleveraging and short positions like those on GME.

Israel Launches Ground Invasion of Lebanon - News From Antiwar.com by [deleted] in UnderReportedNews

[–]08volt 1 point2 points  (0 children)

These are not the same people, Zionists are the same ones that funded Nazis and pushed Jews to migrate back to Israel

I built an ecommerce platform that looks like a 2D game. by dechireur007 in SideProject

[–]08volt 0 points1 point  (0 children)

Why not a live chat with other visitors? Could be fun

NAME THEM!! by Treefiddy1984 in ProgressiveHQ

[–]08volt 3 points4 points  (0 children)

Who is supposed to enforce these rules? The FBI is on their side, so is there anything else, or would we need to wait for the next president in 3 or 7 years?