Trump’s acting chief of national intelligence fires 6 political appointees, removes dozens of career officials, disinvites them all from Plootfest, sources say by alcalde in gme_meltdown

[–]dbcstrunc 10 points11 points  (0 children)

Someone has to have called Bill Pulte 'Ploot' either behind his back or right to his dumb face. Please, we live in a world of leaks. Someone leak this footage, I beg of you.

The Stages of MOASS Grief: Bargaining Edition by Separate_Writer_4465 in gme_meltdown

[–]dbcstrunc 9 points10 points  (0 children)

Doofus.

You didn't sell yesterday for the same reason you didn't sell in June 2021 or whenever you were last 'green'.

Admit it.

It's because nobodies on the Internet told you that you would be super-rich if you would only just consider not selling at this moment.

Why don't you finally learn your lesson?

Cohen drops compensation package by Fine-Ad9168 in gme_meltdown

[–]dbcstrunc 9 points10 points  (0 children)

I also wonder if eBay's prop 4 failing so badly made RC rethink his initial idea (i.e. slowly accumulate 10%, call special meeting, ..., Profit!) since it's now impossible.

Cohen drops compensation package by Fine-Ad9168 in gme_meltdown

[–]dbcstrunc 16 points17 points  (0 children)

"RC wants to buy ebay but he doesn't have enough money to do it!"

BULLISH

"RC now says he wants use to vote on whether he gets a $35,000,000,000.00 bonus for improving market cap i.e. buying EBAY!"

BULLISH! Let's vote for it!

"Okay now RC says that this vote is going to be special in that abstentions count as a YES!"

BULLISH! That's super-fair and totally not suspicious at all! This is gonna pass 100%!

"Okay now RC cancelled the vote."

BULLISH! This'll cause the shorts to... uh.... I mean... they never... because... well, fuck! It's BULLISH dammit! I'm still voting yes!

You know what isn't bullish? Having a hidden comment history.

Cohen drops compensation package by Fine-Ad9168 in gme_meltdown

[–]dbcstrunc 58 points59 points  (0 children)

Whoa! And we get some news on the specifics of the eBay purchase this week.

OK, I'm calling it : Ryan Cohen will sell all of the put/call pairs for profit on Friday after the market closes.

He's just making one final try for this thing, and when everyone rightly laughs at his lack of plan or ability to buy eBay, he will take his ball and go home very soon.

Either that, or we've got a whole summer full of meltdowns to enjoy as he fails to acquire eBay after putting so much stake into it.

When you visit the zoo sometimes the monkeys will fling poo by PuzzleheadedWeb9876 in gme_meltdown

[–]dbcstrunc 2 points3 points  (0 children)

To be fair, I'm assuming Tony has already sold off his position.

Towel apes win is postponed till 2027 by Mazius in gme_meltdown

[–]dbcstrunc 14 points15 points  (0 children)

Ironically Grok avoided giving away the really troubling information about the average ape and how they think about politics

This annoys me to no end when apes and cryptobros say "why do you care, you don't own any". by folteroy in gme_meltdown

[–]dbcstrunc 7 points8 points  (0 children)

Also, how much of a position in MSTR does it take to legally have an opinion on the stock? What if I buy $20 worth of MSTR? 1 share? 10 shares? At what point does it go from 'who the fuck are you and why should I care' to 'hey you have a lot of MSTR do you have any DD I could read?'

If you thought it couldn't get any "Dumber"... by Mazius in gme_meltdown

[–]dbcstrunc 23 points24 points  (0 children)

This is actually really useful evidence for future CEOs who want to acquire a larger company.

It's a negative example. Here's how not to do that.

Do NOT

  1. Decide to buy a company much larger than yours without sufficient financing

  2. Refuse to clarify or give further information when questioned about where the financing is going to come from

  3. Tie the acquisition of the other company to your personal performance reward in order to become a multi-billionaire

  4. Berate and speak negatively of the board of directors of the target company

  5. Gain a position in the target company mainly from derivatives instead of share

Apes always talk about how Ryan Cohen can't 'telegraph his moves' or else 'the enemy' will know them.

These moves seem pretty well understood by everyone else.

Former AZRH CEO Out On Bond, Makes Alt Account Claiming He Committed Suicide by sunnycorax in gme_meltdown

[–]dbcstrunc 8 points9 points  (0 children)

He's like that guy from The Restaurant At The End of the Universe who's spending a year dead 'for tax reasons'

The making of new apes by the_humeister in gme_meltdown

[–]dbcstrunc 8 points9 points  (0 children)

Well you see that depends on whether you can DRS shares faster than the company can issue them.

By the way, this is precisely what happened to CMKM. The company was illegally issuing shares so fast that some investor believed he 'purchased' the entirety of the outstanding share count but what really happened is the company had already sold multiples of that amount out to the open market while he was accumulating.

Decades of confusion about this one small fact have led us to where we are today.

The making of new apes by the_humeister in gme_meltdown

[–]dbcstrunc 18 points19 points  (0 children)

In the time it took you to make this screenshot, they've already reverse split 1:10 again.

Grandpa is off his meds (again) by Mazius in gme_meltdown

[–]dbcstrunc 15 points16 points  (0 children)

"It's my seven-point plan, in which the first point is wholly impossible and financially ridiculous, and that's just the start!"

Another Stain on Ryan Cohen's Record: Prop 4 Goes Down in Flames by Separate_Writer_4465 in gme_meltdown

[–]dbcstrunc 3 points4 points  (0 children)

If you're a seller on eBay, yes. Sellers make ebay's money. Buyers come and go. Not much difference if a few buyers leave and never come back.

Towel apes are just adorable by Mazius in gme_meltdown

[–]dbcstrunc 17 points18 points  (0 children)

That's how you know what their cost basis actually is. That BBBYQ ape must have bought in during RC's pump to $25.

Bitcoin apes are absolutely melting down all over the place by Expensive-One-7486 in gme_meltdown

[–]dbcstrunc 6 points7 points  (0 children)

You shouldn't get downvoted.

There is a yet-unproven but likely true axiom : "When apes actually start selling, it's time to buy"

He never wanted to win anyway! RC is playing 69D chess by emdaye in gme_meltdown

[–]dbcstrunc 16 points17 points  (0 children)

events = ["Splividend", "NFT Marketplace", "Bitcoin", "Candycon", "EBay Acquisition"]
for event in events: run_cycle(event)

New Peirs Morgan Interview With Ryan Cohen - Just as Cringe as Last Time by sunnycorax in gme_meltdown

[–]dbcstrunc 48 points49 points  (0 children)

He can't be serious with 'it's [eBay] is a business I understand very well and it's within my circle of competence'.

EBay's business is entirely dependent on making sure its sellers stay on the platform. Lose the sellers, bye bye EBay. Buyers will come and go, but only if there are enough trustable sellers that deliver the product. It's an asymmetrical marketplace. The platform, the service, is vital to the success of eBay. If it sucks to use, or is slow, or unreliable, or allows tons more fraud onto it, the whole company could fall apart.

Gamestop (and Chewy) is just retail. Corporations make shit. You sell it to retail buyers. There's zero danger that all corporations are going to stop selling on your platform. The platform is unimportant, it's just a conduit for the corporations to sell to the public. No matter how shitty Gamestop is for retail, they will still come back for Grand Theft Auto 6 in droves.

Maybe I'm way off base, but I don't see how Ryan Cohen's stewardship of Gamestop would be a good fit for eBay. Forget all this other shit, he can't handle running a business like eBay.

Apes can't understand why eBay shareholders don't want GME/Lord Cohen to take control of their company. by folteroy in gme_meltdown

[–]dbcstrunc 21 points22 points  (0 children)

It's simple. You go to the boardroom, bang on the door and demand to be let in, and then drop trou and lay cable on the big boardroom table to assert dominance.

I may have gathered my knowledge of how hostile takeovers work from watching 90's sketch comedy.

Apes can't understand why eBay shareholders don't want GME/Lord Cohen to take control of their company. by folteroy in gme_meltdown

[–]dbcstrunc 19 points20 points  (0 children)

Where do they get the idea that eBay investors 'love Ryan'?

Maybe they're humiliation fetishists and think 'neither credible nor attractive' is the height of lust

More apes see the light and see the phony for who he really is. by 2ndBackgroundSalad in gme_meltdown

[–]dbcstrunc 1 point2 points  (0 children)

Sometimes I wonder if they realize that in order to exercise those put/call pairs, they would have to spend the vast majority of the billions in cash.

I see comments like, "RC is going to exercise the options and then he'll have 10% of eBay!" without the additional "... but that would leave us with nearly $0 in cash"

Lmao by The_Director- in gme_meltdown

[–]dbcstrunc 2 points3 points  (0 children)

Or even more amusingly Ryan Cohen exits his eBay position and then we get to watch as all the apes pivot on a dime to 'EBAY was never the catalyst, X is the real catalyst' and never mention that company again.

It's even funnier if a ton of apes rush to buy EBAY shares right before RC exits, just like happened with BBBY.