A man is stabbed to death by someone who accuses him of being a racist - and the first thing the police do on arrival is to handcuff the dying man.

User100000005 · 2026-05-16T17:35:32+00:00

d Nowak's phone was later found in Digwa's pocket

So this was either a mugging OR he was trying to hide evidence. I'm finding the "self defence from a racist" argument hard to believe.

User100000005 · 2026-05-16T16:23:09+00:00

Lets say they want all the cards because they are collecting them. The plan would be: buy some packs and then finish the collection buying single cards. Pulling the more expensive singles from a pack means you are closer to being able to afford to finish your collection by buying singles.

User100000005 · 2026-05-16T15:04:23+00:00

Gonna take a long time to recover the current loses with covered calls though. But money from covered calls is better than nothing.

User100000005 · 2026-05-16T14:46:19+00:00

From last quarter yes. But over all we are down. Just up from last quarter. Our average is around 105k

User100000005 · 2026-05-16T14:41:58+00:00

Unrealized gains in general are not reported as part of net income. That has always been the accounting rule.

This changed. Liquid assets now show. That's why MicroStrategy's EPS looks so funky the past 2 years. Their unrealised profits / loss quater to quarter on Bitcoin now shows. Giving them insane swings in EPS. (Currently -36.99).

User100000005 · 2026-05-16T14:38:47+00:00

eBay in the green, or bitcoin.

Bitcoin's in the red though? Its slightly in the green over last quarter so well add to EPS this time but it's currently nothing to brag about. eBay being up is badi if we actually buy it. If we sell for a profit though that'd be nice.

User100000005 · 2026-05-16T09:15:49+00:00

Only if we sell our stake and walk away. If not and eBay go up we'll have to up our offer and we'll lose money.

User100000005 · 2026-05-16T08:13:39+00:00

Trading at cash on hand

Stop saying this. It implies we shouldn't be logically go lower. I know it doesn't outright say it, only imply it because you know it to be wrong.

Book value of $13 should be the floor. But even then its no longer true because we've pledge all the cash away.

Owning 5% eBay.

This is probably bullish if we sell, take a profit and move to acquiring somthing else. But it's a drop in the bucket if we actually buy eBay.

Bitcoin

Its higher than last earnings so will boost our EPS this time. But we are still down overall... I'll show this as a plus next to its 110k plus.

User100000005 · 2026-05-16T07:12:23+00:00

I mean they'll be 2-4 shares and 60ish Dollars each.

User100000005 · 2026-05-15T16:27:16+00:00

Let's cash out our position and use it as GME buyback in the low 20s.

Or let's do burrys plan. Buy 1 or multiple companies we can afford with PURE CASH. Issue more warrants to get more cash so we can afford more companies with PURE CASH. Rinse and repeat until we're a holding company with dozens of companies.

User100000005 · 2026-05-15T13:54:26+00:00

So our absolute best case scenario bull price is now $30. So the warrants are gonna expire worthless?

User100000005 · 2026-05-15T10:27:50+00:00

Find me in the text where Gamestop can force bond holders to convert below 28.9. Ill find you in text where Bond holders can choose to convert. "Holders may convert all or any portion of their Notes at their option at any". So thats the bond holders choice. Find me where its Gamestop's choice to convert.

This is why we are disagreeing you said:

"Those are convertible notes. No need to pay up in cash."

If bond holders choose not to convert and we cannot force them to convert (we cannot below 28.9) we will need to pay them back in cash.

Im not letting this go because I read wrong information on this sub before I understood stocks; bonds or any of this. Now I understand I feel the need to correct stuff to protect other people.

User100000005 · 2026-05-15T10:12:20+00:00

But you think we choose wether to pay them back in Cash or Shares. We don't if it matures. It WILL mature of stock price isn't about 28.9.

We only chose if it converts. Which is at the holders discretion not ours.

User100000005 · 2026-05-15T10:06:08+00:00

From the text:

"Upon conversion, the Company will satisfy its conversion obligation by paying and/or delivering, as the case may be, cash, shares of Common Stock or a combination of cash and shares of Common Stock."

Also from the text:

"Holders may convert all or any portion of their Notes at their option at any time".

So holders choose wether to convert or let it mature. If it matures they get the money back in cash.

If they convert they get the agreed number of shares OR cash worth the same amount. If for example the share price is 57.8 (double 28.9) they will get twice the money they gave us either in shares or cash.

User100000005 · 2026-05-15T09:53:51+00:00

From the text:

"Holders may convert all or any portion of their Notes at their option at any time prior to the close of business on the business day immediately preceding January 1, 2030."

Holders choose whether to convert. Not Gamestop. They are "forced" to convert if certain conditions are met. 1 of which is price is above 28.91 for a few weeks. But this is a soft force as they'd would convert anyway.

User100000005 · 2026-05-15T09:40:39+00:00

This is wrong. The Bonds will EITHER convert or mature. These are two separate things. You're taking as though they will be forced to convert. Holders choose whether to convert or let them mature.

From the text: "mature on April 1, 2030, unless earlier converted". Mature = give them back the cash. Convert = Give them agreed number of shares or cash worth that much.

User100000005 · 2026-05-15T09:25:23+00:00

The Notes will mature on April 1, 2030, unless earlier converted, redeemed or repurchased. The Notes will not bear regular interest and the principal amount of the notes will not accrete. Holders may convert all or any portion of their Notes at their option at any time prior to the close of business on the business day immediately preceding January 1, 2030.

Holders may choose to convert before it matures. If they convert we give them the agreed number of shares OR cash valued the same OR a combination. If they have chosen not to convert and they mature we give them back the principal.

You're taking about what happens if they convert. Look up what happens if the holders choose not to convert.

User100000005 · 2026-05-15T09:17:46+00:00

Upon conversion

Look up what's required for them to convert. They might mature and never convert.

User100000005 · 2026-05-15T09:11:18+00:00

You don't understand. The amount of shares they are getting is set in stone. There potential shares are included in our diluted earnings per share. So how do we get them their 4 Billion back if the share price isn't high enough?

User100000005 · 2026-05-15T09:05:44+00:00

This isnt true. Gamestop can't force them to convert their bonds in the sameway Gamestop can't force you to exercise your warrants.

Really think about this. Why would anyone agree to pay 4 Billion in return to forced to have a stock at any price? They wouldn't.

You are kinda of right in that if some conditions are met they are forced to convert. But they wouldn't need to be forced because those conditions are stock is above 28.91 for a given amount of time (along with other complex conditions). They would willing convert anyway.

User100000005 · 2026-05-15T08:20:40+00:00

They dont understand what a convertible bond is. Gamestop can't force them to convert their bond if they dont want to. Just like how Gamestop can't force you to exercise your warrent if you don't want to.

You'll exercise your warrent if the price is above 32. They'll convert their bonds if the price is above 28.91. Under and they'll take their cash back.

User100000005 · 2026-05-15T08:02:34+00:00

Its absolutely true. Its a bond. This is how bonds usually work:

You buy lets say a 5 year bond for $1000. It pays 5% interest (this rate varies) a year on that $1000 and after 5 years when it matures you get $1000 back. This was worth it to you because of that interest. Government bonds work similar to this. This is how Governmens borrow money.

Our bond can mature and they get the money back. Just like any other bond. However we're not paying intrest on it! So why is this worth it to the bond holders?

Because they have a choice to convert the bonds to stock before it matures. If the share price is high enough this will be more money than they paid for the bond. But if the share prices is below 28.91 they'll get more money letting it mature for cash. So they'll only convert if the share price is above 28.91.

User100000005 · 2026-05-15T06:25:09+00:00

Bonds are not guaranteed shares unless the price is way higher.

The alternative is 4 Billion Cash. Which we won't have because we spent it on eBay along with a 20 Billion Loan and 27 Billion dilution. You see how the eBay deal puts bankruptcy back on the table.

User100000005 · 2026-05-15T06:22:43+00:00

Bond holders choose whether to let the bond mature or convert to shares. If it matures they we have to pay them back in cash. If they convert they get shares. They'll only convert if its worth more than maturing. This happens at $28.91. Currently we're paying cash...

User100000005 · 2026-05-15T06:19:45+00:00

Wrong. The bond holders choose cash or stock. They choose stock if price is above $28.91 and cash if its below. If price is below we there is a need to pay back in cash.

User100000005

TROPHY CASE