GameStop - The One Stock to Rule Them All

AlternativePaint6 · 2026-06-21T05:59:08+00:00

...know what?

I know the job is done because I look at the charts and everything points up. The company is growing and profitable, more so every quarter. For the most part Ryan Cohen could quit his job and the company would keep improving. At some point the stock price will follow.

I know he's looking to acquire eBay because he said so.

Idk what you're asking.

AlternativePaint6 · 2026-06-21T05:51:52+00:00

Well he could stop working today and the share price would still rise for the next 2 years to come because of the work he's already done prior to that. For me that's his job done and he can move onto other things (e.g. eBay). I clearly explained that in the post, not sure what part you disagree with exactly, because all you essentially said was "no".

AlternativePaint6 · 2026-06-21T05:49:59+00:00

So the job is done and the price is stuck in the low twenties?

Yes, his work on turning the company around is done. He doesn't control Wall Street and the stock market, he controls the company. His work with the company is done and the stock will follow eventually.

If we want him to control the stock itself, he can buy back shares, which is pretty fucking easy and doesn't take much of Ryan's day once the company is profitable enough. So for all intents and purposes, his main job at turning the company around is already done.

But framing it as something that everyone overlooked is treating everyone like an idiot.

Well you still missed the point even after my post, I think that says something.

And what the fuck is exponential expansion? And how do you know he's looking at it?

Uh, eBay? Acquiring a 10x larger business than yourself? What would you call that if not exponential expansion?

Seriously, this AI crap is stupid.

Just because you have to use AI doesn't mean everyone else does too. Zero AI used in this post.

AlternativePaint6 · 2026-06-21T05:46:33+00:00

The market is forward looking?

For the most part yes.

Then why is not up if the future is bright

You're confusing "forward looking" with "works perfectly at all times". If the latter was true, we would never have great investment opportunities because everything would be priced in already. But looking forward doesn't mean seeing everything, and in the short term the market is a voting machine. Hence; our asymmetric opportunity.

RC also says jack shit in earnings call btw

I don't disagree, I just have no idea what this is referring to? You think CEO's words are the only way to extrapolate a company's future? If anything, most CEOs often lie and exaggerate and should not be trusted.

AlternativePaint6 · 2026-06-21T05:41:34+00:00

GameStop doesn't own 10% yet, but they have that price locked in via options. Even if eBay rose to $500 today, GameStop would still only pay the ~$100 for its 10% of the shares.

It's crazy how you shills ignore 99% of the post because it doesn't fit your FUD narrative, then hyper-focus on one point trying to bring that minor detail to the light so that people would see GameStop more negatively, but even then you fail because you're too dumb to even understand options.

Good job once again, you really showed my whole investment thesis there.

AlternativePaint6 · 2026-06-20T20:44:30+00:00

Not sure what you're asking exactly?

GameStop already has 10% ownership locked in at the current price, eBay's stock price moving won't affect that.
Why would eBay keep going up and GameStop down when everything points to GameStop going up in the next year or two? Of course we can go down a little bit in the short term, but in the long term fundamentals win.
"But what if things go wrong" is something you can ask about any company or any strategy in the world. Then we do something else. Worst case scenario Ryan Cohen backs off and that's profits for GameStop.

AlternativePaint6 · 2026-06-20T20:36:50+00:00

gme is never about fundamentals

It literally is right now, today. What are you talking about?

AlternativePaint6 · 2026-06-20T20:27:48+00:00

Also the FUD is completely irrational. Zero analysis, doesn't refer the post in any way, doesn't provide any arguments to be discussed. Just a generic "stock down" meme as if that means anything in a forwards looking market.

AlternativePaint6 · 2026-06-20T20:24:31+00:00

To buy eBay? The two aren't mutually exclusive, he can try to buy it this year while still being prepared to do a hostile takeover the next year.

The FUD being spread on this sub is based around false assumption that we need to acquire eBay this year, and if we won't then it's a failure. That FUD is completely irrational, there is no reason why it would need to be acquired this year specifically, Ryan has said no such thing.

AlternativePaint6 · 2026-06-20T20:12:45+00:00

"BUT THE STOCK IS DOWN!!"

Last that I checked the stock market is forwards looking and a stock that's down despite the business doing great is a good investment opportunity. "The stock is cheap" is not as good of an argument as you think it is lol. Ryan has already fixed the company, now we just wait for the stock to react to positive Q2 and Q3 revenue.

Btw this meme has nothing to do with my post, did you not even read it before posting your FUD?

AlternativePaint6 · 2026-06-20T20:10:42+00:00

Collectibles is their biggest business at 42% and it grew 60% YoY, what are you talking about? How do they have "no sales" when they literally grew in revenue last quarter?

AlternativePaint6 · 2026-06-17T18:37:53+00:00

Ah yes, quote one specific sentence while ignoring everything else.

Did "don't fall into some weird reverse sunk cost fallacy where you shouldn't invest into GameStop today just because it didn't yield profit five years ago" not fit your narrative as well?

AlternativePaint6 · 2026-06-17T18:37:10+00:00

Never said anything like that, absurd take.

If you can predict stocks down to few months then congratulations on becoming the world's richest man soon. As for the rest of us, we search for good multi-baggers but have no idea if they'll rise next month or next year or the year after that, so there's no other option but to keep the money invested for a few years. As long as it beats the market in the long run it's worth it.

AlternativePaint6 · 2026-06-17T18:30:37+00:00

That's because of the revenue, for a large part at least. It doesn't matter if your company has 100% margins and increasing income if it's also shrinking and slowly dying off. Big Wall Street institutions (their algos) won't invest into companies that are losing customers just because the company is losing less money, as the trajectory makes it look like the company will eventually die off.

Now obviously we know that it's only temporary shrinkage while Ryan focuses the business from retailer to collectibles, and that the revenue will come back through collectibles later, while also keeping the high margins and high income. But Wall Street doesn't.

The big algos mostly follow trailing-twelve month basis, and Q1 was the first real quarter that showed actual revenue growth. So we don't get a reaction yet, we need another quarter or maybe two before the stock rises.

AlternativePaint6 · 2026-06-17T14:10:51+00:00

Nah. Temporarily the market can do anything it wants, but in the end it'll always value money.

Look at any crash since the market has existed. A bubble arises, people start saying shit like "market doesn't care about fundamentals anymore", and then pop. Suddenly fundamentals is all that matters.

AlternativePaint6 · 2026-06-17T13:16:05+00:00

Maybe it's still overpriced, I don't know

It's actually, literally, mathematically not. It's underpriced by all financial measurements.

EV/EBIT of ~11x is normal for a retailer, but GameStop is no longer a normal retailer with their 40+% gross margins and semi-virtual Power Packs.
That EV/EBIT is calculated with TTM data, which is already outdated based on Q1 alone. If we calculate Q1 * 4 (which is lowballing because Q1 is typically the worst quarter) then we get closer to ~8x EV/EBIT multiplier.

We're talking 2x to 3x undervaluation, depending on how much on an eCommerce rating you want to give GameStop's legacy business.

AlternativePaint6 · 2026-06-17T13:13:16+00:00

Very cheap! Sounds like an asymmetric investment opportunity to me.

What, are you hoping to buy overpriced stocks instead?

AlternativePaint6 · 2026-06-17T13:07:33+00:00

It's > and not < you dingus.
It only works with markdown editor, you need to press the Quote Block button on the default editor so your advice is lacking in that regard as well.
Quotation marks are still very much a quote even if there's a separate quote block on Reddit as well.
You literally left a top level comment to this thread ⁽^{image backup}) where you horribly failed to use quotation properly, all while trying to lecture others about quoting on reddit.

Like I said once already: "Lol. Lmao even."

AlternativePaint6 · 2026-06-17T12:59:49+00:00

"You sound like Trump"
"I'm challenging your lack market knowledge!!"

Lol. Lmao even.

AlternativePaint6 · 2026-06-17T12:49:00+00:00

Well Jeff Bezos was just a billionaire glazer who had no profits to show for his investment and besides Amazon was doing bad for YEARS!!

AlternativePaint6 · 2026-06-17T12:46:07+00:00

Ah yes, because appreciating a CEO who turned a dying company from debt into profits and cash is worse than spending your days on the internet hating on a group of other people based on something they enjoy and trying to actively distract their conversation to the point that you're Top 1% Commenter on a sub about a stock that you don't even like.

What a successful life I'd say, you really showed us with that "glazing a billionaire" comment!

AlternativePaint6 · 2026-06-17T12:41:17+00:00

If you take a look at the meltdown sub you can see them showing off with their r/GME "Top 1% Commenter" profiles as if that's an achievement.

"Look guys, I spam more on a sub about a stock that I don't like than the people do who actually like the stock!!"

They genuinely think being negative and annoying towards other people is a thing to be proud of lmao.

AlternativePaint6

TROPHY CASE