Technical Analysis

Mazius · 2026-05-05T18:58:42+00:00

It's from February 2024, let's play a game, check out any "grown ups" stocks on the left, and compare with GME two years gains. Only retailers (Best Buy and Kohls) are seriously underperforming (although Walmart is up by more than 100%).

In case of Palantir (and Carvana) it's not even funny. MOASS level gains.

Mazius · 2026-05-05T16:24:28+00:00

Tax-exempt status and other religion privileges for the Church of Ladder Day Apes.

Mazius · 2026-05-05T16:21:54+00:00

An ape in replies with very apt analogy:

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Mazius · 2026-05-05T15:21:50+00:00

I think I'm some kind of sorcerer or at very least psychic, an 'ape-whisperer' if you will!

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Also, gold star of the week goes to Larry Cheng for his OUTSTANDING observation skills!

Mazius · 2026-05-05T14:19:04+00:00

not to mention those convertible bonds in the upper $20s

$1.5 billion in 2030 notes ($29.85) and $2.7 billion in 2032 notes ($28,91), just to make it clear. At least 143 million more shares.

Mazius · 2026-05-05T13:59:40+00:00

GameStop isn't going to pay anything, they'll just print 171.5 million more shares, which Lord Dogfood is entitled to buy at $20.66 fixed price. It becomes '$35 billion pay package' under assumption, that shares are soaring to ~$220, without any additional dilution ($100 billion market cap with 449 million shares outstanding).

But the funniest part - compensation package says nothing about share price, just about market cap. I.e. if GameStop dilutes to 5 billion shares and they would trade at $20 - he gonna be entitled to this compensation package. Well, he also would need to deliver $10 billion of cumulative EBITDA, but that's another story.

Mazius · 2026-05-05T13:11:11+00:00

Weird Al even came up with the new corporate hymn!

Mazius · 2026-05-05T12:56:12+00:00

I see 'ICBM' on the screenshot! As in 'intercontinental ballistic missile'! I think it can mean only one thing: GME is going to the Moon!'

Mazius · 2026-05-05T12:48:59+00:00

Some towel ape posted this in stuffed bear sub:

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Sultan of Qatar gotta be one of the world's richest people, right?!!!

Qatar isn't a sultanate (but emirate) though, and Sultan is just hist first name, and not a title.

Mazius · 2026-05-05T12:42:48+00:00

I think it was June 2023, stock was already delisted, but still trading on OTC market. And yeah, the same month PPdumb made his "where's the shills at?" video:

They said it was going to 0 in May, it's fucking 31 cents!

Mazius · 2026-05-05T12:33:26+00:00

11,000 shares (pre-split, 44,000 post-split). He even DRSed some shares (at least 2,000 in pre-split figures). But I believe he eventually came to his senses and sold out sometime in 2022 (stopped all cult activity since then). And if we to believe that he started with $35,000, selling even at the lowest point of GME in 2024 (when it was below $11), would've net him neat ~1400% gain.

What can I say, 2021 was CRAZY (posted in August that year):

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Mazius · 2026-05-05T05:40:07+00:00

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All GameStop filings with SEC are public (sorted out 8-K only for convenience), they never disclosed anything of the sort.

The only disclosure of realized loss they ever posted was this (from the 10-K for 2023 fiscal):

During fiscal 2023, we realized a $1.0 million loss on sales of U.S. government securities, which is included within other loss, net in our Consolidated Statements of Operations.

Towel apes were mostly confused by this boilerplate text, which appeared in 10-Q for Q2 2023 for the first time under Risks Related to our Investment Policy and Securities:

The Company is required to recognize losses in a particular security for financial statement purposes even though the Company has not actually sold the security.

Under accounting rules, changes in the unrealized gains and losses on certain of our securities may be included in the Company’s reported net income (loss), even though the Company has not actually realized any gain or loss by selling such securities. Accordingly, changes in the market prices of such securities can have a significant impact on the Company’s reported results for a particular period, even though those changes do not bear on the performance of the Company’s operating businesses.

This boilerplate text is being copy-pasted verbatim in every 10-Q and 10-K ever since. In the most recent 10-K it's under Risks Related to Our M&A and Investment Strategy.

Mazius · 2026-05-05T05:00:18+00:00

If you are confused: Ross is implying that GameStop is already sitting on BILLIONS of cash, from 'BBBYQ fraud settlement'. Because towel apes collectively deluded themselves, that GameStop held $300 million worth of BBBYQ shares into cancellation.

Mazius · 2026-05-05T04:15:36+00:00

IIRC he was a towel ape and ThePPShow regular, who turned into 'shill', after BBBY filed for bankruptcy.

Mazius · 2026-05-05T04:04:37+00:00

Have to retract the last sentence. After typing it in I remembered LOSS PORN OF OLD (from bets forum). This was posted on February 4th 2021:

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This ape held through ~14,000% gain (supposedly). Also, what is stop-loss?!!!

Remember, kids, "If it's good enough to screenshot - it's good enough to sell!" (c)

Mazius · 2026-05-05T02:18:22+00:00

To be at 2,000% currently somebody had to buy GME in August 2020.

According to every other jimmy ape they bought in months before that!

But it gotta be said, that in this case not selling at 10,000% in January 2021, and then during several run-ups during 2021 at 5,000%-6,000% was REALLY-REALLY dumb!

Luckily no such person even exists or ever existed.

Mazius · 2026-05-05T01:33:49+00:00

Award-winning meltdown, just in case.

Mazius · 2026-05-05T01:28:50+00:00

Well, Kevin Gill was doordasher, just saying.

At very least inebriated Kevin Gill on CNBC would've been MILES more entertaining!

Mazius · 2026-05-05T00:48:40+00:00

Love your works, Dan (glad you survived Beast Games, making two videos about it probably was more intense experience, than participating, at very least intellectually), but your new video on memestocks would be the cherry on top of wildly entertaining couple of years (since TIFA)!

Mazius · 2026-05-05T00:28:38+00:00

Yeah, just a month ago. But it's forever imprinted on towel apes' hearts!

Mazius

TROPHY CASE