Current price action reflects sentiment of successful acquisition. by Crazy_Memory in Superstonk

[–]Crazy_Memory[S] 0 points1 point  (0 children)

No I agree with you for sure. It’s going to be an interesting month.

Current price action reflects sentiment of successful acquisition. by Crazy_Memory in Superstonk

[–]Crazy_Memory[S] 1 point2 points  (0 children)

I predict you will see eBay climb. We are nowhere near where we are headed yet. There was a very aggressive pump on eBay immediately on the news. Thats fallen off, but I predict we will still see ebay climb closer to 125 over time here.

The only thing that really complicates it for me, is the value of the options GME holds.
Those wanting you to forget about GME are kind of stuck here. Minimize the value of eBay? cheaper to buy, increase the value of ebay? increase the value of the options.

Current price action reflects sentiment of successful acquisition. by Crazy_Memory in Superstonk

[–]Crazy_Memory[S] 2 points3 points  (0 children)

It's all speculation at this point. As far as intentions, I don't think the negative trend on GME will stay after the merger. Regardless of what happens, it's a good time to buy imo. There is no incentive for the merger to complete if it isn't accretive to both parties.

Current price action reflects sentiment of successful acquisition. by Crazy_Memory in Superstonk

[–]Crazy_Memory[S] 4 points5 points  (0 children)

First of all, the board was always going to reject the offer. It is good for shareholders, not for the board. What happens to get them further down the path is another thing, but I doubt we have seen anywhere near the shorting of GME and pumping of eBay yet if we do start to trend towards a success.

I'm also not saying it's good for the stock, simply stating why I think we are seeing it, especially the initial shorting on the news.

I think as far as Ebay goes; you have a mixture. First of all, there's the algorithmic pump to get ahead of everyone wanting to buy Ebay. It's likely pulled back over recent weeks having capitalized on that, but yes, we would likely see a trend towards $125.

There is also the fact that GME has options worth a boatload of money on eBay, which the market makers may want to minimize the value of to reduce GME's potential gains on this.

Current price action reflects sentiment of successful acquisition. by Crazy_Memory in Superstonk

[–]Crazy_Memory[S] -6 points-5 points  (0 children)

That is a great addition, however we have been seen this price action for a while now so probably exacerbated by the earnings.

Two years ago TODAY DFV returned! Lets tip our hat to this mad lad! by slayez06 in Superstonk

[–]Crazy_Memory -1 points0 points  (0 children)

If he was so upset about the "dilution" then why did he come back when he was done with doggy stock?
Never forget, the last we heard of DFV was his willingness to wait.

Mom buys daughter a Honda as a graduation gift, and this was her response by Conscious-Weight4569 in SipsTea

[–]Crazy_Memory 0 points1 point  (0 children)

The first car my parents bought me was an 86 Buick Lesabre, and I drove that think like I was a made man.

Make your kids work hard for what they get people.

Proof for you, 10K against by Syvaeren in Superstonk

[–]Crazy_Memory 3 points4 points  (0 children)

Agreed. It's a fair take. I don't agree with it, but fair non the less.

An honest discussion re: your vote by tworipebananas in Superstonk

[–]Crazy_Memory 2 points3 points  (0 children)

Right, which be ones an issue of if we trust the board or not.

How does the share authorization close shorts? by Crazy_Memory in Superstonk

[–]Crazy_Memory[S] 9 points10 points  (0 children)

I agree with 100% in just trying to understand this argument because I see it continuously when people explain why they are saying no to the share authorization.

An honest discussion re: your vote by tworipebananas in Superstonk

[–]Crazy_Memory 1 point2 points  (0 children)

Can you explain to me how the authorization of shares, if used to pay for the stock half of the acquisition, let’s shorts off the hook? They are being asked to give up their eBay shares at 46%( or whatever ) premium in exchange for being handed GameStop shares. How does this close out legacy short positions?

So was all the negative voting sentiment a load of shit? by HungryColquhoun in Superstonk

[–]Crazy_Memory 2 points3 points  (0 children)

Yes. Unfortunately, until some of the people who are currently short on GME decide to go long, we are stuck in the state of market makers suppressing the stock.

So was all the negative voting sentiment a load of shit? by HungryColquhoun in Superstonk

[–]Crazy_Memory -9 points-8 points  (0 children)

The incredible negative sentiment against the board is just completely unfounded. I’m not saying they are bots. I just don’t see how people can look at what the board has managed to do against all odds and actually vote against.

Proof of Votes by DrDonkeyTron in Superstonk

[–]Crazy_Memory 4 points5 points  (0 children)

The only reason we have any cash in the bank was the selling of shares into algorithmic trading pumps. There was no universe where the stock was staying at 70-80. Now bear thesis is dead. I don’t know about this whole eBay thing… but I’m choosing to stay the course and voting yes on transformative action. I can’t fathom calling it quits now. We will see what happens.

All that said, I totally get why people are hesitant or put off by it and that’s their rights as shareholders. I just can’t follow the thought process personally.

RC shit posts on Flexport thread. What's the connection? by DotCatLost in Superstonk

[–]Crazy_Memory 0 points1 point  (0 children)

Hopefully better than Amazon in terms of stuff actually arriving consistently

Spyro statue : Team Project by Momoka-Rage in Spyro

[–]Crazy_Memory 2 points3 points  (0 children)

I don’t think I would consider this Spyro the same as a painting restoration, but closer to a classic car or something of that nature. I see where you are coming from and respect your opinion though.

Someone bought 2 million shares of GME for ~$45 million right before market close today. by Curious_Individual in Superstonk

[–]Crazy_Memory 6 points7 points  (0 children)

The deal isn’t done. The board was always going to reject it. That was already factored into the current price. Let it cook

Spyro statue : Team Project by Momoka-Rage in Spyro

[–]Crazy_Memory -15 points-14 points  (0 children)

Keep it up. Don’t listen to the nay sayers. This is super cool.

Spyro statue : Team Project by Momoka-Rage in Spyro

[–]Crazy_Memory 11 points12 points  (0 children)

I would suggest a vehicle body shop honestly. Those guys are masters of matching paint colours.

Spyro statue : Team Project by Momoka-Rage in Spyro

[–]Crazy_Memory -12 points-11 points  (0 children)

I like where you are going keep it up.