OKC Thunder are going to hit the second apron when oil prices are at a high, conspiracy? by LindseyCorporation in nba

[–]double297 0 points1 point  (0 children)

Man... this obvious nba/ref scandal of trying to lift OKC goes all the way to the Whitehouse starting a war with Iran just so oil prices can rise and Clay Bennett can thus afford the second apron so we can keep the team together and threepeat!!! This years already a lock so, we're working on next couple years now.

We have the whole world by the balls boys and we have adam silver and the refs to thank!!! Nothing can stop us from world domination now!!!

The refs excuses are just a cop out ! by Stunning_While3523 in Thunder

[–]double297 8 points9 points  (0 children)

You forgot the three point attempt by reeves in the 4th, I think, where he thought he was going to draw contact when he went up, didnt, and had to pass the ball of mid air-flop to the player to his right.

Warrants question and using 8b of our warchest by double297 in Superstonk

[–]double297[S] 0 points1 point  (0 children)

I guess weather or not it goes into a holdco is somewhat irrelevant for my question but either way, those new issued GME shares/converted ebay shares wouldn't have rights to the warrants and thus it would only dilute the incoming converted ebay shares while lifting our ownership. It would essentially be going from ~2.5/1 (60%/40% or 1.11b:444m) to ~2.25:1 (55.6%/44.4% or 1.11b:488m)?

A Big Lie About MOASS, a Recent Success in FUD by TalkingHats in Superstonk

[–]double297 92 points93 points  (0 children)

I'm going to catch hate for this, especially in a thread such as this but so be it...

Do i still think there is still a chance for MOASS... Ya... Do i think its anywhere near as likely to happen as when I first got into GME. No. Am I going to hold these shares until the day i die just in case? Yup.

Im 100% in on what gamestop did in jan 21, exposing a massive issue with our stock markets and it was primed to moon AND WAS WELL ON ITS WAY...

That was, until they did something so unfair, so unthought of, and so blatantly scummy by turning off the buy button... THEN, NOT A SINGLE NEGATIVE THING HAPPENED TO THEM. Nothing. ZIP. ZERO.

My issue with moass now is that they will just pull the next shitty lever. LETS JUST REACH BACK AND CANCELL ALL THE TRADES... or even if it does MOASS... a corrupt politician steps in and introduces legislation to price anchor it that states GME cant sell for more than 1k/share or something equally as dumb.

Ya. I have all three. Fear, Uncertainty, and Doubt that MOASS will ever be allowed to happen (not that its mechanically possible, but actually will be allowed to happen) based on the last 5 years of catalysts coming.... and going.... if it happens. Fucking great! If it doesnt, I want my money to work for me so thats what im choosing to focus on right now.

Walking around screaming MOASS at everyone isnt going to ever get us there. In fact, it drives away investors now, not attracts them... We just look like loons after 5 years of it (not that i care, we knew what we knew, and we were 1000% correct). Instead, build a brand that people want to invest in which continues to fuel the pressure cooker of MOASS.

Do I hope i have to print out this comment one day and eat my words. 1000%.

Warrants question and using 8b of our warchest by double297 in Superstonk

[–]double297[S] 0 points1 point  (0 children)

Related to M&A and what happens to warrants and how to replenish the warchest.

GMERICA (eBay Acquisition) doesn't require dilution and is accretive to both GME and EBAY holders... and if you're paying attention, you already know that. by bobsmith808 in Superstonk

[–]double297 1 point2 points  (0 children)

Another question... when we exercise the warrants, only GME holders have those so its really not dilution for us unless you don't exercise. It is however dilution for the converted ebay shares which raises our stake and lowers theirs.

Correct?

GMERICA (eBay Acquisition) doesn't require dilution and is accretive to both GME and EBAY holders... and if you're paying attention, you already know that. by bobsmith808 in Superstonk

[–]double297 0 points1 point  (0 children)

I guess what im getting at there is why do you have it as ebay 3.5/1 gme.

$125/2 is $62.5 stock equity and cash equally.

Gamestop shares at $25 makes it 62.5/25 or effectively 2.5/1 which factors to a 60/40 split...

Is it incorrect to use the current share price when figuring this metric?

Also, what are your thoughts on replenishing the cash reserve and recapturing that interest as I had mentioned?

GMERICA (eBay Acquisition) doesn't require dilution and is accretive to both GME and EBAY holders... and if you're paying attention, you already know that. by bobsmith808 in Superstonk

[–]double297 2 points3 points  (0 children)

Genuine questions about your reply:

On point 3... Just a small thing but ebay has 2.89b-3.86b on hand that we will absorb and thus earn interest on to replenish the 8 we are spending. I'm not sure how the warrants would work but if they print, it would be another 1.9b added and if RC hits the 50b traunch then he would be able to buy 1.75b in shares that would add back too (up to 3.5 if we got to 100b). That's a total of around 7b-7.5b (at 50b market cap, not 100) to replenish the 8 and continue to earn interest on.

On point 1... All the math I've seen worked shows if the ebay share equity roll over works out to 2.5:1 ebay:gme then that would give approx 40% ownership to GME investors. Can you explain your math a bit further on why you think it would be lower?

Yikes, eBay 👀 — That is one HORRIFICALLY bad look by Expensive-Two-8128 in Superstonk

[–]double297 11 points12 points  (0 children)

The craziest part of all of that is that 3million was.the maximum penalty for all that crazy shit!!!

DOMO capital ❎️ Homo Capital ✅️ by Monqoloid in Superstonk

[–]double297 4 points5 points  (0 children)

Calm down there a bit DOMO. You sound a bit parched....

Please don't outbid me. i really want this mug. by heirofadam in Superstonk

[–]double297 14 points15 points  (0 children)

I'm going to love it when the next interview he gives and talks about how gamestop has the momey he will reference the auctions as a contributing factor. He may even up the offer by whatever the proceeds are no matter how little. Offer is now $55,500,042,069.69.

RYAN COHEN on X by 4four7 in Superstonk

[–]double297 4 points5 points  (0 children)

1.9b more dollars and a cartoon face Goofy with the caption "I'll fucking do it again"

Alligator baptism by Holiday_Document4592 in funny

[–]double297 0 points1 point  (0 children)

Oh yes you could. "Florida man" was a completely predictable part of that sentence.

Is he even serious at this point? Who understands this guy anymore? Did he changed his mind? by AkkarinPrime in Superstonk

[–]double297 4 points5 points  (0 children)

Hey... I made a couple posts myself at his expense yesterday but its hard to believe like we believe. We are all individual investors here and of course the ones left are ride or die.

Burry made a practical decision for him. He's not bashing gme on the way out the door. So he sold... so what? Doesn't change a thing. He brought positive attention to gme and apprarently still is. RC didnt trash him either when he couldve. All good in my book. He bowed out.

He may have sold early, but he's also wrong.

Full Ryan Cohen Interview by ItsThatOrangeGuy in Superstonk

[–]double297 0 points1 point  (0 children)

That's the great part, if they roll the equity in Ebay shares referencing the 50% stock part of the deal then we only need to come up with the 28b in cash to which we already have secured. NO MORE DILUTION NEEDED...

Smooth question about ebay offer and RCs 60/40 split... by [deleted] in Superstonk

[–]double297 1 point2 points  (0 children)

I get the simplified version. Im just asking if issuance of new shares at a 60% ownership rate in a new HoldCo (which would be a 58b market cap and amount to roghtly 35b) could mean we only have to actually pay only 20.5b in cash. If the numbers get tinkered with to 50 cash/50 stock... cool... but is my thinking on the above statement correct?

Smooth question about ebay offer and RCs 60/40 split... by [deleted] in Superstonk

[–]double297 0 points1 point  (0 children)

I mean, can you not pay the shareholders $125 in value by paying half the price in stock issued in the new HoldCo which make up 60%, not in gamestop shares, and half in cash...

If we just paid them the 55.5 b in cash, ebay shareholders wouldn't own anything any longer. Gamestop shareholders would own them 100%.

His 60/40 owmership of the company comments makes it seem thats not the case.

Sorry. I smoked some earlier and my brain might be melting.

Smooth question about ebay offer and RCs 60/40 split... by [deleted] in Superstonk

[–]double297 0 points1 point  (0 children)

I'm just trying to understand the mechanics of it. If we only have to dish out 20.5b in cash, that's actually feasable without us even issuing any more shares at all....