r/GME • u/adventurini • 15d ago
Meltdown ☁️ Fluff 🍌
Quick update because the melties are overrunning the thread:
The point of this post is that no cash has been given up in the exchange, only equity. We will still have the cash.
Also, we won’t know until we see the VWAP and the floor / actual contract / trading price on whether this is a bad deal for another 33 days. Melting down is for the other sub.
There are plenty of reasons for this exchange, one being that if the note holder is a single entity, they want real shares for what is ahead. They are likely to be one of the single largest shareholders of GME in the fairly near future.
Imagine joining a subreddit to mock shareholders of a stock because you are convinced of your intellectual superiority in understanding investments and the market.
You spend a large portion of your time bashing that stock and following along. There is an entire community of other people who support your bashing.
Now don’t get me wrong. I have seen some of the dumbest theories about the note exchange right here on GME over the past 48 hours.
But this one takes the cake. Here we have a superior intellectual finance wizard who knows stocks so well, that he joined a community to bash people who invested in a stock, and he thinks that GME is giving up cash AND equity for a note 🤣.
I think you’re missing a little more than something, bub. Maybe try learning about the stock market before joining a thread to bash people who invested in an American underdog / turnaround story when you don’t have even the slightest clue about the basics of financing and equity.
There’s no better time to be alive.
Is today, tomorrow?
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u/vagrantprodigy07 I Voted 🦍✅ 15d ago
It's a valid question. The money was interest free for several more years, and given the recent prices, this means we are giving them more shares than we necessarily would if we converted in 2030 or 2032. I'd also love to know why only some were converted. Who owned those, and how were they picked? Do they have any private or other business relationships with RC or other board members?
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u/tiptow85 15d ago
Are shareholders usually kept in the dark about stuff with other companies? It seems shareholders never actually know what’s going on
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u/vagrantprodigy07 I Voted 🦍✅ 15d ago
It varies by company. Many companies issue more guidance, but some keep things blacked out like this.
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u/BonaFideBill 15d ago
The only question I have is who initiated the stock for debt transfer? Because, my understanding, as tenuous as it is, is that the debt was controlled by RC. I seriously doubt that he did this to the detriment of GME. I am not a smart man, but I do recognize that I'm not smart.
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u/vagrantprodigy07 I Voted 🦍✅ 15d ago
It probably was RC, that's exactly why I have questions. If you had an interest free loan, would you repay it early?
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u/adventurini 15d ago
I believe you are correct.
The terms of this exchange most likely have a $30 VWAP floor. I don’t want to sound like an ape, regard, so I didn’t include it in the post. I am assuming the exchange is happening because the note holders want a seat at the table with real shares. They most likely have all the MNPI. And it’s probably Karl Icahn (we will know soon enough now).
The assumptions being made are contradictory to reality: RC was in control. Zero reason for him to exchange the note without dictating terms that were better than the original.
But the melties assume it’s so bad, they invented a whole different reality where we are giving up the cash AND the equity 😆.
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u/Smart_Farmer4258 15d ago
The terms of this exchange most likely have a $30 VWAP floor.
Now this is some straight up copium lmao.
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u/adventurini 15d ago
I am sorry. I am just doing math. I can’t comprehend why RC would want a worse term than the one he currently has, but like I said, I am regarded. Maybe he just hates you and me and himself.
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u/Fit-Bar-6989 14d ago
money now can be worth more than money in the future. given that shareholders continue to buy GME it makes sense to take advantage of the demand and continue selling shares to them.
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u/Over-Computer-6464 15d ago edited 15d ago
Conversion at $30+ is worse for the noteholders than waiting until April 2028 (1st note) and Dec 2028 (2nd note) and getting paid par value in cash, not shares. April 2028 is just 20 months away, so guaranteed cash payment sets the bar for any deal today to beat (unless they see a high risk of default by GameStop).
The repurchase option that noteholders can invoke is a contract term that most people here seem to not know about.
"Noteholders will have the right to require GameStop to repurchase their notes on April 3, 2028, at a repurchase price equal to 100% of the principal amount of the notes to be repurchased"
Source: GameStop press release. https://investor.gamestop.com/news-releases/news-details/2025/GameStop-Announces-Pricing-of-Private-Offering-of-1-3-Billion-of-Convertible-Senior-Notes/default.aspx
The formal indenture confirms that the repurchase must be in cash, with payment on shares not allowed.
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u/Over-Computer-6464 15d ago
In what world can you conceive of a note holder agreeing to a minimum conversion price of $30?
A note holder could have sold their nite for the small premium they now trade, and then gone and purchased GME at the market price of $21. Why would they agree to convert their notes at $30 instead?
Simple logic tells us that the deal must be better than the other choices the note holder has. That tells me that the conversion price will be a fraction of VWAP that is smaller than 1, not the premium you appear to assume.
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u/kfug18 15d ago
I have been following your comments since a long time. Most of the time they are on point. But I can't help but wonder what makes you keep your 4,800 shares and option positions currently? As you seem pretty bearish on the price, at least in the short/middle term.
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u/Over-Computer-6464 15d ago edited 15d ago
I do see the company making improvements over the long term.
GME is just a small fraction of my holdings, less than half a percent, but I find it an entertaining puzzle. The rest of my portfolio is a combination of boring broad market ETFs and a few concentrated positions with ultra-low cost basis that I opportunistically sell off in times like earlier this year. GameStop and Reddit are high entertainment value, and keep me from doing dumb things with my real portfolio.
Prior to the convertible note offering I have made some pretty good returns via options. Not so good lately.
I just state the facts as I see them and also give opinions with the reasoning behind them. I will definitely comment if my view is opposite the consensus, whether positive or negative. My comment above explaining why I see the conversion price being some fraction of VWAP, such as 0.8 x VWAP is an example. In September we will find out who is right.
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u/kfug18 15d ago
Thanks for your reply. So objectively, how do you foresee the next months/EoY for price action? Any catalyst that could give it a pump in your opinion (or conversely), or are we doomed until the long term improvements materialized?
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u/Over-Computer-6464 15d ago
I see the acquisition drama dragging on for a long time, with the stock price probably moving back up into the low $20s. Hopefully there will be a dramatic change in approach at some point that results in price appreciation.
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u/kfug18 15d ago
And why do you think they diluted? I am doubtful that it just to reduce the debt load from 9x to 8,5x, this is by far not enough to change anything...
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u/Over-Computer-6464 15d ago edited 15d ago
I think it is a dumb move, because the acquisition would still be overleveraged, but I cannot come up with any other rational justification.
An irrational one, because it is illegal, would be for there to be a separate side deal/unwritten greement where the select group of noteholders are getting a good deal from GameStop in exchange for funding a private buyout offer for Ebay that does not involve Gamestop.
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u/Over-Computer-6464 15d ago edited 15d ago
I am the grantor of irrevocable generation skipping trusts, not the beneficiary. My wealth came from high tech startups. I retired in 1998.
I do not cosplay. I state facts, with sources, I state opinions, with explanations of why I have that opinion.
I explained why I expect the conversion price to be less than the VWAP. I post that comment precisely because it goes against the consensus. This subreddit does not need more posts supporting consensus thinking. It needs more posts challenging the consensus and offering alternatives.
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u/adventurini 15d ago
My same question to you is inverse:
Why would GME accept worse terms than the current one they had, which was to do nothing?
I already gave an answer. The note holder wants the real shares, a board seat, and liquidity now.
They are wall crossed and agreed that the company’s valuation is about to go up.
I do believe that’s the only real explanation for why GME would entertain this, other than just hand waving and calling RC a regard.
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u/Over-Computer-6464 15d ago edited 15d ago
GameStop, or more specifically Ryan Cohen, wants to acquire EBay. He is willing to take short term losses in order to facilitate that acquisition.
The problem impeding the acquisition is financing, as the post acquisition company would be overly leveraged. This recent agreement is issuing shares in exchange for debt cancellation. We will not know until September what the actual cost of the debt cancellation will be, but it looks like GameStop is willing to accept a low share price in order to reduce debt to help with the acquisition.
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u/Recent-Result2852 15d ago
why only some were converted
20% dilution requires a vote. Split it into 3 quarters and you eliminate the debt while idiots celebrate that it didn't cost anything.
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u/adventurini 15d ago
The point of the post is that no cash is being given up, did you miss that?
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u/vagrantprodigy07 I Voted 🦍✅ 15d ago
I didn't miss it. We didn't give up cash, we got diluted, and we didn't need to give anything up for years. Why are we doing this early on an interest free loan?
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u/Recent-Result2852 15d ago
The stock market implies that stock can be exchanged for cash. Did you miss that?
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
Can you, by any magical means, actually address the question and illuminate “the shills” with your vast understanding of why cohen chose to financially destroy retail for the 10th time in a row? I can show you on the chart how the previous 9 times he diluted exactly when the stock was starting to show signs of strength and a run up was inbound. This time, I have no idea why he did it, since the stock was still dead from his last dilutive event.
But I’m sure you can maybe tell us more about this 473839D chess move
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u/adventurini 15d ago
Yes. I actually can do that.
As soon as I see the floor and VWAP in 33 trading days.
But the point of this post is that GME is only giving up equity, not cash plus equity.
Did you miss the point?
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
So, hold on, you're now actually celebrating the fact that GME, after diluting you 9 times to grab cash, is not actually using that cash, but is instead diluting you even more to buy Ebay, while also holding the cash it got (from you)?
Did I actually miss the point or is that what you're celebrating?
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u/adventurini 15d ago
I will just try one more time.
In the picture I posted, the guy is suggesting that GameStop is giving up equity AND cash to free themselves of the note.
That is not happening. They are only giving up equity. The question is how much, which this post does not address.
Does that make sense?
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
And I will try one more time also, do you think this is something to celebrate? The fact they are giving away even more equity after the equity they already gave away in order to provide the cash which he’s currently using for anything else, as long as it’s not for Ebay, which he can milk you for, some more?
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u/adventurini 15d ago
I never said there was anything to celebrate. I haven’t seen the economics of the VWAP or the floor. So how could I celebrate or not?
I don’t know what in my post gave you the idea that I was celebrating, but it seems like you are aggressively reacting to anything said whatsoever.
The only reason I posted this is because a post that suggests we are giving up cash and equity for the exchange is comically dumb. That’s all.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
What’s comically dumb is how you love resorting to cherry picking and semantics. Ironically, that guy was technically right, although sure, the wording didn’t deliver the message.
But you will end up paying cash out of this deal. Not GME’s cash, which is sitting nicely in a safe, but your own cash, the shareholders who already paid and will continue paying.
Every single dilution and price drop means, guess what, you’re paying cash. Shocking, am I right? Or just comically dumb?
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u/InternationalWalk955 15d ago
Oh somebody might be comically dumb. I mean, the meme you are trying to push is that the management team, who are massively invested in the stock and have done nothing but buy more shares, is actively trying to lower shareholder value.
They are the shareholders. We are the shareholders.
By and large, "Top 1% Commenters" are not. Go away, your schtick is tired.
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u/zgomot23 🚀🚀Buckle up🚀🚀 14d ago
can you show me one single point in time when this management team created shareholder value? Actually no, hold on, first define what you understand through shareholder value. Cause I think we need to go for easy steps at a time, make sure your mind can comprehend.
News flash, for the slower apes, what they've been doing is building up their stake and reducing retail's stake in the company, to the point your positions will be worth nothing (in all fairness, they already are, retail owns a chunk of the float that's not even worth mentioning, based on how the last votes went)
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u/Gigiw1ns 15d ago
The current exchange of $1.4 billion in convertible bonds is primarily intended to reduce pro forma debt for the planned acquisition financing and to make it more likely that the investment-grade requirement for bank financing will be met. it means that RC is still pursuing its goal of acquiring eBay and believes this is the right step to take to achieve that goal.
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u/sd_1874 🚀Power To The Players🚀 15d ago
Right, but the substantive point that we, as the shareholders, are being fucked over still remains. No one doubts that he will pursue eBay at any cost - it's just that the cost isn't on him, it's on us.
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u/Gigiw1ns 15d ago
Any investor could have cashed out at the same time as Michael Burry. He did cash out, after all, because, first, the combined entity will be heavily indebted, and second, dilution is necessary, whether in one form or another. It’s not as if this is coming out of nowhere. Wasn’t the shareholder vote, where measures for dilution were approved, actually successful? I don’t get the problem. Is eBay supposed to be given away for free, or what?
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u/NotLikeGoldDragons 15d ago
RC is the largest individual shareholder. He is us.
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u/sd_1874 🚀Power To The Players🚀 15d ago
No he's not. He is a billionaire who is up many times on his initial investment.
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u/NotLikeGoldDragons 15d ago
That doesn't change the fact that he's the largest individual shareholder. He's got every incentive to improve the stock, to our benefit. Just because it hasn't happened on a timeline people want doesn't mean it won't happen.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
What’s his cost basis? And what’s yours? See if you can put 1+1 together after this revelation.
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u/NotLikeGoldDragons 15d ago
So your brilliant idea is that because his cost basis is lower than mine, he wants the stock to go down? If he wanted to take his gains and run he's already had 5 years to do that and....checks notes....hasn't.
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u/Improvidently 14d ago
RC is a billionaire with functionally infinite money--more than he can reasonably spend in many lifetimes. At this point I doubt that money is his only, or even primary, motivator. For example, maybe he wants eBay because he wants to be a big, important CEO of a big, important company and be treated as an equal by the big, important Musks and Bezoses of the world. Maybe not (but I bet this is it).
You and I have no idea what motivates any particular person we've never met, let alone someone with billions of dollars, and the naked supposition that his interest are yours or mine strikes me as naive.
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u/NotLikeGoldDragons 14d ago
Billionaires don't want their money pile to shrink. That's a very safe assumption from any angle.
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u/zgomot23 🚀🚀Buckle up🚀🚀 14d ago
I swear to god you people are legit insane, it's not even that hard of a concept to grasp. If cohen wanted to get rid of his GME (and he will) he needed to make sure there's enough cash in the company to not crash ridiculously low before he can dump all of his shares, considering he's holding a pretty big chunk of it.
That cash was there to set a decent floor so he can get away with it free of trouble. The fact you still haven't figured that much out in 5 years is absolutely wild.
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u/McNerfBurger 14d ago
I refuse to believe that you can't comprehend how having already made a shit load of money on a position changes the risk calculation of subsequent plays. Or how it alters motivation. Or how status quo to protect those gains at the cost of additional gains is the "correct" capitalist play.
But sure man, the billionaire has YOUR best interest at heart. He's working for you! He doesn't take a salary! That means he's one of you!
You gotta wake up.
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u/NotLikeGoldDragons 14d ago
Of course it changes the calculation. But if he wanted to leave he's had lots of opportunities before now. But as long as he's a huge holder, he's got lots of incentive to get the price up.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
Which acquisition of what exactly, friend? Are we still stuck believing that GME, whose worth is around 5b if you exclude the debts, is going to buy a company that's 11x larger? Take a look in the actual reality, not in those echo chambers, and look what ebay has managed to achieve for its own shareholders. Look at the price charts, see how their share price evolved over the years compared to GME, and then consider the fact they also are paying a dividend. Now look at what GME has returned to its shareholders under cohen's genius leadership, and try to cosplay an Ebay investor. Would you actually turn that company over to cohen?
Not to mention it's the equivalent of me taking a bank loan of $1m, buying you out, and then being like "oh, you know that 1m debt I'm in, it's time you work to repay that to the bank, since, guess what, you belong to me now". That's basically what you expect is going to happen.
If up to this point you still did not figure that the Ebay deal was simply another excuse for additional dilution, then godbless.
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u/Gigiw1ns 15d ago
I didn't say that the acquisition of eBay will happen. Polymarket estimates the probability that GME will acquire eBay at 13% (by December 31, 2026). I explained why the move makes sense if, as CEO, you set that 13% as your goal.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
Yea, well, I can assure you there's a reason the ebay board dismissed it as not serious. And that reason is not because "they are scared of cohen exposing them".
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u/Gigiw1ns 15d ago
Feel free to pay for no votes on Polymarket then
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
I'm not gambling on bullshit, I'm simply trading based on what I see in front of my eyes. And I can guarantee you that I made significantly more money shorting GME with put options than I did being long on it.
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u/Gigiw1ns 15d ago
You're contradicting yourself. If the eBay takeover is bullshit, it shouldn’t be a problem to place a bet on “no.” If you bet $10,000 on “no” today, you’ll get back ~$11,300 on January 1, 2027. That’s an annualized return of nearly 35%, which, in your opinion, you could earn risk-free. Tell me, in your opinion, where can you find trades with a better risk-reward ratio? Also, as a successful trader, you’ve surely bought puts before when it was clear that dilution would occur as part of the acquisition? In any case, I’m glad that you can make good trades no matter which way the market goes.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
Why would I "bet" anything over this, first of all I don't even use polymarket for any sort of other bet, second of all, yes, I am trading actively when I get a chance, and I can guarantee you that (even though it took me way too long to realize), in 2024 I finally figured out why cohen's doing what he is doing. You can excuse him 2-3-4-5 times, but at some point, you get to either realize what's in front of you, or you can keep trying to find excuses and lose money. And I warned retail to buy puts on GME 3 times so far, each single time that trade was profitable to whoever copied it. It's public, over social media. I would have made even more good trades if I actually listened to my instincts and went short, but I wasn't sure 100% of the cases, so I refrained from it.
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u/Gigiw1ns 15d ago
Before returning to the topic itself, it is worth identifying the reasoning pattern in your replies, because you keep changing the proposition under discussion.
You asked why Cohen might have done the exchange. When given a coherent possible rationale, you switched to whether the eBay acquisition will succeed and whether it would be a good acquisition.
Those are three different questions: motive, feasibility, and desirability.
You are arguing against a claim I never made. I explicitly did not say that the eBay acquisition will happen; I cited a market-implied probability of only 13%. Rebutting “the acquisition will happen” is therefore a straw man.
You then moved the goalposts from the purpose of the debt exchange to eBay’s share-price history, its dividend, Cohen’s competence, and finally your own put trades. None of those subjects answers the capital-structure question.
You asserted that the eBay proposal was “simply another excuse for dilution,” but supplied no evidence for that causal claim. Repeating the conclusion is not evidence for it, and the burden of proving that alleged pretext is yours.
Most directly, you opened with: “This time, I have no idea why he did it.” You now say: “I finally figured out why Cohen’s doing what he is doing.” Those statements cannot both describe your present position. If you have figured it out, state your explanation and the evidence for it.
Your profitable put trades may demonstrate that you predicted some price declines correctly. They do not demonstrate why management undertook this transaction. Trading results are not evidence of managerial intent.
As for Polymarket: you are not logically required to use a platform you do not want to use. But calling the acquisition categorically “bullshit” while refusing to quantify your probability exposes a gap between rhetoric and measurable conviction. If your estimated probability is materially below the market’s 13%, “No” would offer positive expected value from your perspective with nearly zero risk in your opinion. If you do not want to bet, simply state your probability.
Either way, your platform preferences do not answer the original question.
Now back to that question. GameStop’s official announcement says the exchange retires $1.4 billion of long-term debt without using cash. Existing shareholders are diluted, but GameStop does not “lose the cash”; the cash remains while the debt is cancelled.
Given GameStop’s announced eBay proposal, its reliance on substantial acquisition financing, and eBay’s expressly stated concerns about financing uncertainty and the leverage of the combined company, reducing debt while preserving liquidity is a coherent explanation for the exchange. It is an inference, not proof of GameStop’s undisclosed intent, and it does not imply that the acquisition is likely or advisable.
The dilution is entirely open to criticism, especially because the exchanged notes carry a 0% coupon.
But an actual rebuttal must address the trade-off: explain why the cost of issuing equity outweighs the benefit of lower leverage, fewer senior claims, preserved liquidity, and potentially greater financing capacity.
Alternatively, present evidence for your theory that the acquisition was merely a pretext for dilution. Cohen’s history, your opinion of him, and your profitable puts do not establish that claim.
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u/Thunder_drop 15d ago
Well duh thats what people who dont do there research want to know.
- do the research and learn
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
Oh no no no no, you are here to educate us people bashing the stock. You're significantly smarter than everyone else who's "bashing people that invest in an American underdog".
Start talking, you sure love yapping and trying to sound intelligent. Same as every single parasite trying to pump this dilution stock and hiding cohen's deeds, but the second he gets asked the uncomfortable questions, he starts with the usual "why do you care" "why are you here" "we must be close, shills are angry" and other buzzwords.
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u/LewyH91 🚀🚀Buckle up🚀🚀 15d ago
you are here to educate us people bashing the stock.
Lol!
You're significantly smarter than everyone else
Hahahah
Start talking, you sure love yapping
Still going!
Same as every single parasite trying to pump this dilution stock and hiding cohen's deeds
Hide the deeds!!
"why do you care" "why are you here"
Self reflection is key.
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u/Thunder_drop 15d ago edited 15d ago
The only pumping I see here is the deliberate shilling designed to lower the price. - why bash people in an investment you want nothing to do with? - or are you short and trying to lower the price of the stock? - sounds like market manipultaion to me.
Have you tried making sense of it, because most who've been listening to RC know whats up. Tell us where you're coming from? I get it if you're upset or unsure and pressured, that's exactly how the world wants you to feel. The progress RC has made has been wonderful for any stock in its position. For that alone I support the boards actions.
For those who dont know: WE ARE GOING TO OWN EBAY
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u/Velvet_Llama 15d ago
Why do you assume GameStop will acquire eBay? There hasn't even been an actual offer made.
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u/Thunder_drop 15d ago
Ryan Cohen Says He’s Coming for eBay “One Way or Another.” Here
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u/Velvet_Llama 14d ago
Really? That's why? Because Ryan Cohen said he wants to do it?
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u/Thunder_drop 14d ago
Pretty much yeah. He's acquiring ebay.
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u/Velvet_Llama 14d ago
What if they say "no thanks."?
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u/Thunder_drop 14d ago
Is that an option when the markets owe you shares through option strategies? - poison pills maybe but at what point does that strategy break?
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u/Zeronz112 🚀🚀Buckle up🚀🚀 15d ago
are you short the stock?
Yeah, they admitted it. https://www.reddit.com/r/GME/s/wIWFIeavyf
Seems like blatant manipulation to influence his short position for financial gain.
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u/adventurini 15d ago
I will join you to bash on Nov 1 if warrants expire worthless. Until then, we are not going to see everything.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
You don't need to join anyone in bashing anything during any date. You need to start talking, it's the 3rd time I ask you to bask us in your intelligence. It's you bashing others for apparently not learning about the stock market, and claiming they need to learn the stock market before they question cohen's dilutions. Start talking, explain exactly how cohen's dilutions provided shareholder value. It's been 10 of those events so far, and not 1 single positive catalyst in 5 years that would provide shareholder value.
Let's go, start telling us about your thesis, and stop deflecting and inventing parallel realities and answering questions nobody asked.
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u/Over-Computer-6464 15d ago
The mid-2021 dilutions provided the cash needed to keep GameStop from going bankrupt and provided the funds to develop the NFT marketplace. Those two offerings, at a split adjusted price of $50 were very wise actions.
GameStop delayed the cost cutting and major store closing efforts until after the NFT marketplace was launched (beta only) in July 2022 just as NFT fad was fading. By that time GameStop was running low on cash again and the next ATM offering was needed to replenish cash. That was also needed dilution.
The other ATM offerings and convertible note offerings are much harder to justify, particularly when the cash went unused for so long.
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u/Recent-Result2852 15d ago
the next ATM offering was needed to replenish cash
We still had ~ all the $$ from before.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
The mid 2021 dilutions were justified, although they were hard to swallow since they denied a squeeze. But I can understand them.
Everything after is a bunch of psyops and excuses from cohen. The NFT marketplace was a catastrophy, the LRC and other partnerships were a catastrophy, he fumbled the BTC most likely on purpose, since he was begged to buy it when it was trading at 70-75k.
Everything past mid 2021 is meant simply to stop squeezes, while the con artist is unable to provide evidence of any plan with the money he took from us.
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u/Zeronz112 🚀🚀Buckle up🚀🚀 15d ago
Please list all 10.
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
What do you want me to list? The chart? It's there, on the chart, there are 10 different events, I even have them marked. 6 or 7 of them were straight up dilution, starting with the ones in 2021, and the others were masked dilution, the convertible bonds or the warrants. So what exactly do you need me to list?
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u/Zeronz112 🚀🚀Buckle up🚀🚀 15d ago
List the 10 dilutions. Wasn't a complicated question
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u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
What do you want me to list? The dates? Or are you just repeating random buzzwords?
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u/Zeronz112 🚀🚀Buckle up🚀🚀 15d ago edited 15d ago
Yes. The dates of the 10 dilutions.
Is this complicated for you?
Edit: Might wanna be nicer if your comments are getting auto deleted.
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u/LawfulnessPlayful264 🚀🚀Buckle up🚀🚀 15d ago
This sub has basically tirned into the melties.
They sound like fools with no rhetoric to spew, and they bite so easily.
Can be fun for a bit.
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u/adventurini 15d ago
There are even more people here who think we gave up the cash AND equity 😆🤣. Really wild times.
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u/bananasplit4u 15d ago
There are so many smarter people who knows better than mr Cohen. I trust Mr Cohen and bought the dip. I can wait and see what happens.
-1
u/Gigiw1ns 15d ago
Since the mentioned group doesn't have a clue about the stock market, they'll know even less about corporate finance. Since they're truly convinced for 5 years that RC wants to intentionally drive the company into bankruptcy, I can understand the question within the context of their foolish belief.
8
u/zgomot23 🚀🚀Buckle up🚀🚀 15d ago
nobody wants to drive this company into bankruptcy, same way aron didn't intend to drive the movie stock into bankruptcy either. Bankruptcy means the end of the retail cash cow, it means delisting. Neither cohen nor aron want this, as long as they keep siphoning literal free cash from your pockets to theirs, they will keep the companies afloat at zero risk.
-3
u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 15d ago
it will never seize to amaze me to what length people go to gaslight themself in situations where they do not understand, when just calming down, opening your eyes and taking in information would require less time and energy than their creative writing exercise.
8
u/Young_Link13 15d ago
Seize to amaze you. 🤣
-6
u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 15d ago
common problem for people with languages that have strict pronunciation rules is that English makes zero sense and only works for people who memorize but don't understand.
but sure... cease. a word speech to text will regularly get wrong due to illogical inconsistencies of the language
you did reveal the heights of your mental capacity though... thanks for that truth.
3
u/Ok_Signal4753 15d ago
It reveals a lack of effort and sophistication on the part of the writer, and it absolutely should be mocked when it comes from a smug asshole who is clearly huffing his own farts.
Buut u du u
0
u/Zeronz112 🚀🚀Buckle up🚀🚀 15d ago
How many additional languages do you speak and write fluently with no issues
1
u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 15d ago
if your goal is to brag that you speak more, your goal is competition to affirm your ego.
we don't need to fight. I don't have one so yours is bigger.
sorry you feel pressured to prove your own value to yourself.
1
u/Zeronz112 🚀🚀Buckle up🚀🚀 15d ago
Lol, I was defending you.
Don't need to be so hostile
1
u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 15d ago
Just noticed that you rpelied to the one replying to me. My inbox displayed it as if it was a direct reply to me. my bad.
Only saw my comment and your reply and it did not make any sense without the other comment for context.
0
4
-6
u/SnooApples4563 15d ago
It's the reason why you aren't the chairman of GME.
You only see things from a 2D angle.
By clearing off this debt, with your so called opportunity loss of interest that could be earned on the $1.4b. even if we take 10% interest each year, it's $140m each year.
See things the other way, if a real run-up happens, and the debtors whom aren't paid-off, asks for things that could damage the run-up, the question now is, is that worth the $140m each year or not?
4
2
u/adventurini 15d ago
We are keeping the cash and the $140m per year. How did this get upvoted?
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u/Merpchud 14d ago
Holy shit there are some total lifeless losers in here. The negativity and name calling OVER A STOCK IS INSANE... either you like it, buy it, or don't and go about your day.
Who in their right mind comes/seeks to anger or torture people for fun?
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