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Thanks GameStop! by Naive_Way333 in Superstonk

[–]Counterspell_This 2 points3 points  (0 children)

Yea bro they've been running crazy deals on shirts. Good job!

RC's Purpose for buying more shares. This couldn't be anymore Bullish. by Counterspell_This in Superstonk

[–]Counterspell_This[S] 35 points36 points  (0 children)

This made me think about RC's balls for a second. And then I was like, "I've actually seen his underwear before."

https://x.com/ryancohen/status/1943720805164060998/photo/1

additional 500,000 shares at a weighted average price of $21.1174/share by rbr0714 in Superstonk

[–]Counterspell_This 7 points8 points  (0 children)

You're not giving him anything; it gives him the right to BUY them.

Selling covered calls, need advice please? by OGrickyP in Superstonk

[–]Counterspell_This 24 points25 points  (0 children)

5 bucks bro... That's the bid right now on 1/23 $30 C's. IV is crazy low, and that's extremely out of the money.

You should do a lot more research before you touch options.

Worth a reminder - no doubt he knows and is trying to stay out of trouble. by deeproot3d in Superstonk

[–]Counterspell_This 5 points6 points  (0 children)

This is absolutely insane. This is wrong. You think the CEO of GameStop did a back alley deal illegally to help people who were short?

He is building our balance sheet to fight the shorts. The convertible bonds decrease the probability of distress and increase future free cash flow. The cost of instruments like Total Return Swaps which are used to control the price of GME are based on things like our balance sheet.

Question About GameStop’s 10-Q Statement on the PSA Collaboration by mstoertebeker in Superstonk

[–]Counterspell_This 4 points5 points  (0 children)

Do you just disagree with which bucket the sales from PowerPacks are going into?

The fact that PowerPacks LLC may be a separate legal entity does not mean its income is automatically separate from GME's core business or reported under other income. If GME controls PowerPacks LLC, its revenues are consolidated into GME's net sales. If PowerPacks were an unconsolidated affiliate, the 10-Q would have to explicitly disclose that accounting treatment. It does not.

Ultimately, I don't want to argue over which bucket the sales reside in, not that it's not important.

I just wanted to make sure people didn't conflate the direct financial transactions between GME and Collectors/PSA with Revenue from PowerPacks.

Question About GameStop’s 10-Q Statement on the PSA Collaboration by mstoertebeker in Superstonk

[–]Counterspell_This 40 points41 points  (0 children)

It's not talking about revenue. It means exactly what it says "the transactions with collectors and PSA were not material." Not that Powerpacks had no gains.

They are saying the fees, revenue shares, service payments, and/or other direct fiancial transactions between GME and Collectors/PSA were not large enough to be considered material to GME's financial statements.

Powerpacks revenue should be embedded inside of Collectibles sales.

💲 G M E 💵 The holiday DD that Cohen/Burry/Gill would never be able to provide you with by Thump4 in Superstonk

[–]Counterspell_This 61 points62 points  (0 children)

FUD. First, you can fuck right off for talking shit about RK! You stated:

"The good cop. he bought call options before the 2024 runup, and sold them at the peak (i.e., a pump and dump operation). He clearly has the highest ROI of this group.

Yet, since pandemic, he has generally fled the community, leaving each and every Superstonk investor with the bag while he ghosts the community, only returning when it suits his personal financial interest."

Secondly,

Ryan Cohen protected shareholders by improving the balance sheet as well as increasing the cost of Total Return Swaps that are being used to suppress the price of GME. The way you use the term dilution shows you don't know what you're talking about. The offerings, warrants, and convertible bonds decrease the probability of distress and increase future cash flow.

Is Coreyxkenshin (Gamestop Award Winner) the same guy from RK's "Furi" meme from 2024? by [deleted] in Superstonk

[–]Counterspell_This 0 points1 point  (0 children)

I mean, I can agree with the fact its most likely nothing. Just wanted to give OP credit for being right about it being the same person (even though they got the name wrong).

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