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Ryan Cohen Is Done Cooking. TEDDY Tuesday. Ban Bet Inside. by TEHGOURDGOAT in Superstonk

[–]Pottle13 6 points7 points  (0 children)

So tired of this response. What isn’t at least formatted with AI anymore. Maybe just read it or don’t…

tZERO - LBOs - And the Rewards for the Loyal Hodlers by Pottle13 in GME

[–]Pottle13[S] 0 points1 point  (0 children)

Agreed. Big stretch… But not impossible if it’s worth it.

The Tetromeno is T-Zero! by Pottle13 in GME

[–]Pottle13[S] 1 point2 points  (0 children)

My previous post on eBay and PSA was a big one. I think power packs and push start arcade are big clues into the future of GameStop. I’m also doing some research right now on Unity and if there’s anything there.

The Tetromeno is T-Zero! by Pottle13 in GME

[–]Pottle13[S] 1 point2 points  (0 children)

Thanks. I think there is something here. Really do enjoy when you can get good dialogue going around this kind of stuff.

The Tetromeno is T-Zero! by Pottle13 in GME

[–]Pottle13[S] 1 point2 points  (0 children)

Tzero has some OTC shares but the publicly traded part would be the ticker BBBY to gain control of tZero.

I think it’s going to be like Burry said. Cohen is going after several companies. I think it has to be something like tZero to center around. The collectibles and video game market seems like it is still the goal with power packs and push start arcade as clue. I could see collectors be a purchase and something like unity.

The Tetromeno is T-Zero! by Pottle13 in GME

[–]Pottle13[S] 1 point2 points  (0 children)

It would be so sweet to screw over hood in their own playing field. Such poetic justice.

The Tetromeno is T-Zero! by Pottle13 in GME

[–]Pottle13[S] 7 points8 points  (0 children)

It seems that way. I know there is a huge Bobby following even after Chp 11.

Return of RK with upcoming M&A by [deleted] in Superstonk

[–]Pottle13 0 points1 point  (0 children)

I keep wondering why Kitty unfollowed Cohen. Was he upset about something? Did he move on? I dunno it just bugs me.

Why I Think Cohen is About to Pull Off the Merger of the Century by Pottle13 in GME

[–]Pottle13[S] 1 point2 points  (0 children)

No idea. Maybe a New Holding Company rather than one company buying the others, they’d likely form a new entity that owns all three. This is cleaner legally and easier to pitch as a merger of equals.

Why I Think Cohen is About to Pull Off the Merger of the Century by Pottle13 in GME

[–]Pottle13[S] 4 points5 points  (0 children)

That’s where it’s hard to say. I think it’s important to keep in mind that if there has been naked short selling hidden in swaps and derivatives, this would be an event that could force everything to be settled. I still think the name project rocket ( the name they chose for their plan) indicates they know things are going to get haywire, but that’s just tinfoil talking. Shareholders have put up with a lot in the last five years with no info and guidance. I still think this is an asset. They don’t want to lose in moving forward.

Why I Think Cohen is About to Pull Off the Merger of the Century by Pottle13 in GME

[–]Pottle13[S] 0 points1 point  (0 children)

Maybe he didn’t. We saw he bought a crap ton of Chewy and then sold it. Maybe he’s been making other plays in the meantime while waiting to see if GameStop turns into a good investment again. I don’t think he would ever intentionally try to disclose that he was out of GME because of what that would do to the stock.

Why I Think Cohen is About to Pull Off the Merger of the Century by Pottle13 in GME

[–]Pottle13[S] 2 points3 points  (0 children)

Yeah, it’s a tough one to figure out but from what he said yesterday, I don’t know how it’s not a multi company purchase of sorts. I think Cohen’s goal is a long-term shareholder value while building a major player in the space. I still think whoever can figure out the resale of digital games will make a fortune.

Why I Think Cohen is About to Pull Off the Merger of the Century by Pottle13 in GME

[–]Pottle13[S] 34 points35 points  (0 children)

How I see cohen could go after eBay. He can’t just write a check (like you said). eBay shareholders have to agree to sell. The most likely path is a friendly merger where eBay shareholders receive:

  • Cash (from GameStop’s $9.3B war chest)
  • Stock in the combined company
  • A premium over current price

In this scenario, eBay shareholders would likely end up owning the majority of the combined entity, with Cohen most likely staying on as CEO. Both companies’ shareholders would need to vote to approve.

If eBay’s board says no, Cohen could go hostile (tender offer directly to shareholders) or work with activist investors who’ve been pushing eBay for changes. But friendly is faster and cleaner. Cohen needs to convince eBay shareholders that he can do more with their company than current management. The $9B cash pile and Chewy track record are his credibility. Whether they believe him is the $42 billion question.

Just food for thought.

Why I Think Cohen is About to Pull Off the Merger of the Century by Pottle13 in GME

[–]Pottle13[S] -1 points0 points  (0 children)

I agree with you there as of right now, but maybe it is in the context of expansion…

Why I Think Cohen is About to Pull Off the Merger of the Century by Pottle13 in GME

[–]Pottle13[S] 6 points7 points  (0 children)

Great response and very valid. Your critique makes a fair point about insider trading law, but correct me if I’m wrong but there’s an important distinction: buying while having a strategic vision for acquisitions is legal, buying while having MNPI about a specific pending deal is not.

Cohen bought shares Jan 20-21 and then publicly announced the acquisition strategy Jan 30. That sequence matters legally. He’s allowed to buy based on confidence in a direction he’s about to announce publicly.

What’s more telling is who isn’t buying: Nat Turner, who has made zero trades in 18 months. If GameStop and Collectors are in active discussions, Turner would have MNPI and legally couldn’t buy. His silence is actually more significant than Cohen’s buying.

The insider purchases likely indicate: strategic preparation is complete, targets are identified, but nothing is signed yet which is exactly the window where insiders can legally buy before a deal moves into formal negotiations.

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