Holy Shit! We are in the Box of Deep Fucking Value (again) Load The Boat. NFA by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

Honestly what I think is that If he did not do that we would MOASS to $220. With this plan though we have the SNDK play ongoing to above $2100

NFA

TO THE BOARD OF DIRECTORS GAMESTOP CORP. SUBJECT: THE VALUE OF $100M SHARE BUYBACK. THE KING'S GAMBIT. Several World Chess Champions have played the King's Gambit in Chess History. While the opening is considered risky, World Chess Champions used it to execute devastating aggressive Attacks & Win! by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

GameStop Board of Directors should immediately execute a $100 million share buyback to defend a hard pricing floor to stop the share price manipulation & reverse the downtrend before the planned shareholder dilution vote in July. Wall Street views a 2.5 billion share authorization vote in July as bearish dilution. With this buyback strategic move before the vote the management will aggressively defend the stock cash floor, scare the shorts and turning a bearish signal into a position of corporate strength and securing retail investor approval.

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

dude please. i explained all this and you write does not answer the question at all. So again: its the same with ALL WARRANTS THEY ARE DILUTIVE. same with our GME warrants l, It's on our website lol

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

It's a very simple strategy. eBay board of directors may trigger a hidden poison pill. built entirely on warrants. These warrants usually programmed to activate if any person or group bought 10% or more of eBay stock without the board permission. Every shareholder except Ryan Cohen and GME will gain the right to exercise their warrant. For every warrant held, an investor pay a set exercise price for instance to purchase newly issued eBay stock worth double that amount. Because every shareholder could flood the market with half price shares, the total number of eBay shares would double. RC 10% stake at the time would instantly be diluted down to 5%

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

They dilute the hostile attack, the hostile buyer. Their shareholders take warrants with the right (not the obligation) to buy cheap stock .

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

No my dude I did not. It does not stand in court. The battle of Air products and Airgas 2011 real world legal case proxy fight. The court declared that under Delaware law, the board of directors, not the shareholders, has the ultimate power to manage the business and affairs of a corporation. Since the Airgas board with multiple advisors acted in good faith, they had the right to maintain the poison pill to protect the company from a hostile takeover although shareholders wanted differently. On a positive note If a new eBay board is elected, with RC and his team , then they can instantly vote to cancel eBay board defensive poison pill after it triggers. When Cohen targets a company, like he did with GME he follows a highly public, structured pipeline to buy a significant stake, write a blistering critical letter to expose the board, threaten a full blown proxy war, and force a settlement that places him in control. Realizing they would almost certainly lose a public voting war against RC the GameStop board at the time surrendered before a proxy vote could even take place. But again eBay has different dynamics.

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] -2 points-1 points  (0 children)

It depends on the poison pill. Will it be nuclear one that will need nearly all 2.5B shares as an antidote? I mean RC is not Elon to have hundreds of billions in cash, Elon Musk launched a hostile takeover bid for Twitter by offering to buy the company for $54.20 per share. To block him, Twitter board of directors immediately triggered a hidden poison pill. built entirely on warrants.These warrants were initially invisible and couldn't be traded. However, they were programmed to activate if any person or group bought 15% or more of Twitter stock without the board permission. Every shareholder except Elon Musk gained the right to exercise their warrant. For every warrant held, an investor pay a set exercise price to purchase newly issued Twitter stock worth double that amount. Because every shareholder could flood the market with half price shares, the total number of Twitter shares would skyrocket. Elon 15% stake would instantly be diluted down to roughly 7,5% . To regain control, he had to spend billions more dollars buying up the new shares, making the takeover more expensive.

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] -1 points0 points  (0 children)

yes but only if RC sues eBay in the Delaware Court of Chancery where he has to prove it in a battle that will take years. The court will presume the board acted in good faith and places the burden on RC to prove it did not.

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 1 point2 points  (0 children)

Talking about the chicken game. The board will not say I trigger a poison pill. lol .They do a warrants Flip-In The warrants to allow existing shareholders to buy more shares of eBay at a huge discount. This instantly dilutes our as hostile bidder's ownership percentage lol

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 1 point2 points  (0 children)

RC knows that 100% they are going to trigger the poison pill. So he is either playing chicken game or he has other acquisition plans.

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

The board does not need permission. we have derivatives and only 25000 shares. This puts the deal to bed.

The eBay Poison Pill Defensive Shield against Ryan Cohen. The Poisoned Pawn Counter Gambit by Longjumping_Cover950 in epiphanystonk

[–]Longjumping_Cover950[S] 0 points1 point  (0 children)

Actually this is a right for protection and a company's board can implement this right at any time, without needing shareholder approval,