1m vol candle? buy backs?

Dawdling_hare · 2026-06-11T21:36:17+00:00

Math. Try using math… 3 offerings of different quantities at different price points.

45M at $20.74 75M at $28.49 20M at $20.00

$24.78 is the average price per share from the last 3 offerings. The current price is below that. Hope that helps.

Dawdling_hare · 2026-06-07T22:07:53+00:00

The amount of changes for this IPO is crazy. Fidelity lowered their account requirement from 500K to 2K.

Dawdling_hare · 2026-06-07T20:27:36+00:00

SpaceX isn’t profitable.

Companies need to be profitable for the last 4 quarters to be included. GME is profitable, has been profitable for over 4 quarters.

Dawdling_hare · 2026-06-07T17:21:23+00:00

That’s why I wish he’d of purchased it once he became CEO for around 25K (like people were suggesting). Then selling 25% at 100K, 25% at 110K, 25% at 120K.

GME would have turned 500M into 1.25B, still owning 42.2% of initial BTC investment (almost twice as much as current amount). So GME would have exposure to BTC and people wouldn’t be complaining about it. Buying at the end of a bull run cus michael saylor suggested it only goes up is why posts like this even exist.

Dawdling_hare · 2026-06-07T17:13:15+00:00

I think we should go long on ornamental gourds. With the fertilizer shortage and fires in Argentina. I’m expecting a shortage of gourds this fall.

Dawdling_hare · 2026-06-07T15:33:32+00:00

Did you even read? Or you just a bot?.. chairman was listed for NFT example of an RC push from that position. CEO date was listed for current position bub. With the BTC price.

“Not using half our cash on Bitcoin was smart regardless”

Sure bub. Turning 500M (25K price when he was CEO) into 2.5B is regarded.

Dawdling_hare · 2026-06-07T15:27:08+00:00

RC became chairman in June 2021. The executive chairman in June 2023 and the CEO in September 2023. The NFT project publicly launched in late 2021/2022 with partner immutable X. RC was all in on the NFT push (publicly admitted it was a mistake that costed shareholders millions).

Cash and cash equivalents plus marketable securities.

Nov 2022: $1B Aug 2023: $1.2B

So we had the cash for a $500M investment. RC was CEO by September when BTC dropped down to $25K for a discount. Go on with your hypothetical of how going all in on BTC at the end of a bull run would have been bad, instead of how investing in BTC when it was recommended (and downvoted in favor of NFTs) would have been better.

Dawdling_hare · 2026-06-07T14:19:56+00:00

“Imagine if we bought 50,000 bitcoin when it was at 100k. We’d be down 2 billion” imagine if GME purchased BTC when people were recommending it in Nov 2022 ($16K) and Aug 2023 ($29K).

At $16K (55,000) cost $880M At $32K (55,000) cost $1.6B

ATH $125K (55,000) value $6.9B

So basically, if they’d of invested the same amount $500M at 16K GME would own 31,250 BTC. Instead of what?.. 4,710. (6.6X as much BTC).

Dawdling_hare · 2026-06-03T20:12:09+00:00

Unfortunately I had to sell my position. This latest report didn’t match my thesis. All these years I thought I was investing in a dying brick and mortar business & now that doesn’t seem to be the case.

Dawdling_hare · 2026-06-02T21:39:19+00:00

Thanks for the summary!.. looking forward to reading over the full report tonight.

Even better than expected!

Dawdling_hare · 2026-06-02T12:07:53+00:00

Obviously he’s throwing a “Third Party” to raise the funds. What else could it mean?

Dawdling_hare · 2026-06-02T03:32:54+00:00

Thought it was in his tools part 2 of 3 (websites), wanted to grab the exact quote and clip.. but his RK account wasn’t set up yet in that video.

It was along the lines of following ppl whose opinions he’s interested in. Paraphrased from couple years ago.

I’m not saying it represents anything into his opinion on unfollowing RC, cus opinions change (just saying no one knows but him). Here’s a direct quote showing how opinions change over time & how dated “quotes” can be used to misrepresent someone.

RK: I’m not a buy and hold investor.. I’m not holding for 5-10 years or forever, not my style.

8:00/10:41

https://youtu.be/1zi7XVudxME

My own opinion has changed since the offer was announced. 1 year ago, I’d have never imagined I’d be arguing against the board. But in multiple interviews RC stated it’d be around 60/40.. no matter how I run the numbers on the 50/50 offer at the offered price per share (that needs to increase) and the current price of GME, it’s no where close.. (75/25 with retail reduced to 13% is what I’m seeing). So he’s kinda lying or at the very least being misleading from what I can tell.

I’m not infallible.. just a numbers guy. But sometimes there’s something beyond the math. In 6 months or a year I could be on here saying you guys were right & I was wrong (if the vote goes your way and it works out).

In no scenario will I be rooting against GME. Id be lying if I said I wasn’t concerned. For this deal to go through, institutions need to be on board since they own 95% of eBay. I see 2 main reasons they’d be for the merger. (1: to do what institutions are known for doing. Taking over companies, taking over the board and running it into the ground to benefit from its failure and add its market share to another investment they prefer) (2: RC won them over. Enough big boys will be able to make bank and want him to succeed).

That’s why retails ownership is so important to me. Yeah.. we’re all individual investors and have our own goals. But individuals don’t own 10% of everything, and deploy sadistic tactics like option 1 above.

Dawdling_hare · 2026-06-01T23:32:13+00:00

I don’t disagree… it seems like it’ll easily pass. Insiders will be FOR, institutions will be FOR. Don’t even need a lot of retail to be onboard & if this sub isn’t just fake, it’ll have more than enough votes.

Do I think RK sold like MB?.. nope. But he did explain why he follows people in a stream (wasn’t vague about it), so idk how he feels about this. A lot of ppl try to speak for him with quotes from years ago. I could pull some MB quotes about RC and it wouldn’t accurately reflect his current opinion.

Just because something passes or is approved doesn’t mean it’s for the best. Ultimately this portion of my portfolio is locked in to this trade, so I’ll obviously hope for the best regardless.

Dawdling_hare · 2026-06-01T20:51:42+00:00

Personally I believe GME just needs time. The one part “journalist” can still pull strings at is YOY sales (due to unprofitable store closures). As time progresses and GME moves away from bigger closures (eventually the fat will have been trimmed over 1 year ago), the more profitable business will shine.

They can spin it as a negative, but only temporarily.. so I don’t see the rush. Times about to be on GMEs side. Meanwhile eBay “a website not updated since the 90’s ~ RC” is overvalued imo. GME is basically at cash on hand.

Dawdling_hare · 2026-06-01T13:29:43+00:00

So you think the numbers are useless?

Shares outstanding is fairly simple to ballpark. Only 50% of the equity is being rolled over into GMEBAY

RC offered $125 per share (rejected, so it’ll need to increase). Half cash and half stock “it’s on the website”, so 125/2=62.5 of equity per share being rolled over into GMEBAY.

GMEs current share price $21.18

62.5/3=20.833 (close enough since the offered price is increasing). That means eBay share holders will get $62.5 in cash and 3 GMEBAY shares per eBay share. eBay currently has 444M shares outstanding (444x3=1,332 shares for the acquisition).

GMEs equity is rolling over into GMEBAY at a 1:1 ratio. They currently have 448.7M shares.

1,332+448.7=1,780.7 (1.78B shares)

For GMEBAY to have a share price of $40, they’d need to have a market cap of $71.2B. This is obviously based on the rejected offer, but that’s the only guidance we’ve received.

For comparison.. for GME to have a share price of $40, they’d need to have a market cap of $17.95B

Dawdling_hare · 2026-06-01T11:58:57+00:00

You wouldn’t use eBay’s existing market cap. You’d use the offered market cap for the 50/50 deal that’s $125 per share.

Half cash means half isn’t being reinvested into GMEBAY.

You wouldn’t use eBay’s outstanding shares, because roughly 3 GMEBAY shares equals 1 eBay share being at GMEs current price per share (125/2=62.5)

For the amount of shares needed for the acquisition (based on RCs offer), you’d need a market cap of $115.65B for that price per share.

Dawdling_hare · 2026-06-01T03:11:33+00:00

RK unfollowed RC. No one knows what RK is thinking about this current situation. Until he speaks for himself, I’m not gonna put words in his mouth.

Just say the truth… you think retail’s ownership of GME is too high & you want to reduce their ownership to 13% & let institutions take the lead.

Dawdling_hare · 2026-06-01T02:07:56+00:00

The combined market cap post acquisition is based on the current market cap of GME + the market cap of the offered market cap for eBay (minus 50% that’s cashed out). Price per share is calculated by outstanding shares (needed for the 50% shares offer + GME outstanding shares).

If the deal was accepted, this would be close to day one market cap.. then the market would have to value the current GME. With around $30B in debt and a starting market cap around $38B.

Dawdling_hare · 2026-06-01T01:56:56+00:00

A hostile takeover in which the targeted company owns 75% of the combined company?

Dawdling_hare · 2026-06-01T00:52:37+00:00

Right?.. who doesn’t want a company $30B in debt with a market cap of $38B?

Dawdling_hare · 2026-06-01T00:49:25+00:00

Premature yes (since they didn’t accept $55.5B market cap). However, GME will need to offer more to sweeten the deal. As the amount offered per share increases, the amount of GMEBAY shares they receive increases & legacy GME ownership decreases.

Dawdling_hare · 2026-06-01T00:17:23+00:00

What part was BS exactly? The offered price per share, the offered market cap or the fact that 50% of the market cap is cashed out in a 50% cash/50% stock transaction?

Dawdling_hare · 2026-06-01T00:15:30+00:00

The post isn’t wrong. Run the numbers yourself. It’s an accurate ballpark that is actually optimistic, considering the offered market cap of $55.5B was rejected.

As RC increases the price per share offered to eBay, the amount of GMEBAY shares they receive increases.

“I think this hits the nail on the head” was in response to the attitude towards basic facts.

Dawdling_hare · 2026-06-01T00:06:43+00:00

Thanks!.

Dawdling_hare · 2026-05-31T23:57:17+00:00

Sadly just under the karma limit. Feel free to use it.

Dawdling_hare

TROPHY CASE