3 ms·

man, those GME bagholders are gonna love diluted shares.`

CWwdcdk7h 6mo ago
They already increased total number of stock by +39% in last 12 months, GME will squeeze the last penny from those people.
- deleted 6mo ago
  [deleted]
- vessenes 6mo ago
  … and the stock has not dropped 39%, in fact it’s trading about where it was a year ago. Shareholders have been content to let Cohen add to the balance sheet, adjust operations and make a large move. This is one such move. And GME is up 5+% in pre trading, so shareholders are generally positive about this idea.
  - cyanydeez 6mo ago
    the shareholders of GME operate under the delusion that there's gonna be another magic short squeeze.
    - sgerenser 6mo ago
      Waiting for the MOASS… it’s coming any day now!
    - dwedge 6mo ago
      I operate under the delusion that it was a $400 gamble and there is no point selling stock that I forgot I even owned at all, when it's such a small amount.
  - fineIllregister 6mo ago
    If Cohen's "large move" was to buy EBay, investors could have done that themselves. They would have gotten a better deal on shares in the new company. Also, they'd be up 50% over 12 months. Partly because Cohen "adding to the balance sheet" has meant dilutions, and there will be more for this deal.
    - DSMan195276 6mo ago
      Yeah this is the funny part to me - if you thought EBay was an amazing business then you could have just bought that stock months or years ago. Maybe the combined company will really be worth more than both companies individually, but for the most part this is just GameStop deciding how you should have invested your money months ago.
  - prewett 6mo ago
    Technically, we only know that the marginal non-shareholder is 5% more positive about the idea, since the price represents what the marginal buyer and seller are willing to transact at. The only shareholders involved in the increase are actually selling.
pfdietz 6mo ago
They can sell now and pocket some extra money. What's not to like?
- cyanydeez 6mo ago
  you think all the bagholders are in at the current price?
  - pfdietz 6mo ago
    If they didn't like the current prospects they can bail at a profit. If they do like them they have no excuse if things go south.
- kibwen 6mo ago
  If bagholders were capable of buying low and selling high, they wouldn't be bagholders.
izzydata 6mo ago
Perhaps that is part of the scam here. Meme stock buyers will think this means something and will spend more on worthless shares so that ebay executives can sell.

They already increased total number of stock by +39% in last 12 months, GME will squeeze the last penny from those people.

deleted 6mo ago
[deleted]
vessenes 6mo ago
… and the stock has not dropped 39%, in fact it’s trading about where it was a year ago. Shareholders have been content to let Cohen add to the balance sheet, adjust operations and make a large move. This is one such move. And GME is up 5+% in pre trading, so shareholders are generally positive about this idea.
- cyanydeez 6mo ago
  the shareholders of GME operate under the delusion that there's gonna be another magic short squeeze.
  - sgerenser 6mo ago
    Waiting for the MOASS… it’s coming any day now!
  - dwedge 6mo ago
    I operate under the delusion that it was a $400 gamble and there is no point selling stock that I forgot I even owned at all, when it's such a small amount.
- fineIllregister 6mo ago
  If Cohen's "large move" was to buy EBay, investors could have done that themselves. They would have gotten a better deal on shares in the new company. Also, they'd be up 50% over 12 months. Partly because Cohen "adding to the balance sheet" has meant dilutions, and there will be more for this deal.
  - DSMan195276 6mo ago
    Yeah this is the funny part to me - if you thought EBay was an amazing business then you could have just bought that stock months or years ago. Maybe the combined company will really be worth more than both companies individually, but for the most part this is just GameStop deciding how you should have invested your money months ago.
- prewett 6mo ago
  Technically, we only know that the marginal non-shareholder is 5% more positive about the idea, since the price represents what the marginal buyer and seller are willing to transact at. The only shareholders involved in the increase are actually selling.

pfdietz 6mo ago

They can sell now and pocket some extra money. What's not to like?

cyanydeez 6mo ago
you think all the bagholders are in at the current price?
- pfdietz 6mo ago
  If they didn't like the current prospects they can bail at a profit. If they do like them they have no excuse if things go south.
kibwen 6mo ago
If bagholders were capable of buying low and selling high, they wouldn't be bagholders.

izzydata 6mo ago

Perhaps that is part of the scam here. Meme stock buyers will think this means something and will spend more on worthless shares so that ebay executives can sell.