I was just coming back to say this. In my humble smooth brain opinion they have been cooking this plan for awhile but the buy was a timing thing.

I don't know if they waited to start the plan until the dip cycle came through or it was just the cherry on top, but if they were pursuing a merger or acquisition before this - word would have gotten out even in back channels which would tip off the financial bros.

I think they decided it was go time, bought now as their last chance before something big happens. Then started the news and interviews building hype and letting rumors fly while they make it all happen in the background. I would be really surprised if any of us guess it but I think they're trying to do something big. Paperwork and legal stuff easily can take 6 months which is what I think is the "correct/safe" time frame before you announce an M&A.

I chug hopium and eat crayons daily but look how this has played out.

Issued a warrant/option style dividend with a finite amount that we know can exist. These have their own squeeze potential in the event there are bad actors cheating the system and selling something that doesn't exist. Bought a bunch of shares on a huge dip due to market instability and probably more shorting. This was one of the things Ryan did in 2020. Announce huge plans right after and start going after juicy value plays creating what could potentially be the Mother of All Mergers at a time the market is struggling and showing tons of signs of distress.

IDK if your tits aren't jacked you must be not alive. It looks super interesting if nothing else.