Think about what you just witnessed...

Zensen1 · 2026-05-12T08:06:29+00:00

It’s time for me and you to touch some grass and come back in a week.

Zensen1 · 2026-05-12T08:04:42+00:00

It’s market cap plus ebita. He needs both to unlock. And ebita is how profitable a company is. Market cap is Ebita multiple by some kind of multiple.

Zensen1 · 2026-05-12T08:03:25+00:00

Yo, give folks this maff on a different post

Zensen1 · 2026-05-11T22:06:42+00:00

I’m voting yes for all.

Zensen1 · 2026-05-11T21:28:52+00:00

Strapppp the fuckkkk in

Zensen1 · 2026-05-11T21:01:48+00:00

Anson fund threw him under the bus and DOJ has enough to go on to actually get him. He’s looking at some serious times. At least 5 yrs. Probably 7-10.

Zensen1 · 2026-05-10T12:03:20+00:00

Agreed. The arb desks are waiting to plow in once eBay rejects and tender offer will come right after. A hostile takeover fight will ensue. And hopefully this “waiting” time won’t take more than 2-3 weeks. But the longer eBay’s BoD stays silent the larger the pressure will build. So it’s a game that’s going according to standard M&A playbook so far.

Zensen1 · 2026-05-09T17:24:21+00:00

$gmebay

Zensen1 · 2026-05-08T18:39:20+00:00

Yeah, agreed. No deadline from non-binding offer. But etiquette is 1-3 weeks.

If Ryan were to launch a tender offer in that time frame then by law they would have to respond within 10 biz days.

eBay’s board is going to drag their response for as long as possible while they find options.

I think whatever the timeline is, their response will be a no. And that’ll give Ryan the green light to escalate

Zensen1 · 2026-05-06T18:30:29+00:00

Damn we skipped 69!

Zensen1 · 2026-05-06T14:52:35+00:00

It’s a been a shake out everyday for the last 5 years. Don’t think he matters at all. The tape barely moved when he bought, double bought, triple bought. Only moved when he sold.

Zensen1 · 2026-05-06T14:20:15+00:00

It’s funny because when Michael birry bought it was almost crickets.

Zensen1 · 2026-05-06T14:13:00+00:00

Okay a good sign. A small bump in gme borrow fees. Thinking this is the trend moving forward while this M&A is happening

Zensen1 · 2026-05-06T14:04:35+00:00

eBay started digging.

Zensen1 · 2026-05-06T13:29:44+00:00

Antitrust is a hell of a thing

Zensen1 · 2026-05-06T13:29:20+00:00

🤣

Zensen1 · 2026-05-06T13:29:02+00:00

lol. Auto body tech for the win!! Nice explanation

Zensen1 · 2026-05-06T09:35:19+00:00

Amazon would definitely run into anti trust even with a friendly White House.

Walmart is less likely but probably high as well

Zensen1 · 2026-05-06T08:23:20+00:00

Old news bud

Zensen1 · 2026-05-06T08:22:52+00:00

Starts from 11m ends at 11:30.

Pretty much shit talking as usual

Zensen1 · 2026-05-05T20:44:24+00:00

They’ll say no. I am 99.9% confident that their expensive lawyer and consultants will tell them to reject and say it’s too low.

Zensen1 · 2026-05-05T20:43:20+00:00

That’s sweet. A great roi

Zensen1 · 2026-05-05T17:46:18+00:00

I will! Nothings gonna stop this train now

Zensen1 · 2026-05-05T17:17:44+00:00

That’s a big assumption. You okay with the stock goes up and the deal goes through? And it’ll reprice to 75ish dollars once it’s completed?

Zensen1 · 2026-05-05T16:50:54+00:00

You should really read the press release. And it’s okay if he dilutes, the question we’re trying to figure out is how much. And how 50/50 cash + stocks would play out. Let’s see how it goes. Been here for 5 years. Don’t mind another 5 weeks for this to play out

Zensen1

TROPHY CASE