I know the plan - We'll see what happens :-D
Hello ladies and apes. Time to talk about GME and its master plan. So EBAY and GME want to fusion HAH and become whatever Goku and that other guy became. Whatever you get the point. BUT HOW DOES THE MATH MATH?!?!
Okay so 50% cash 50% stock. We have the cashola mind you yes that's a lot of debt. What would make the debt less is obviously is if those warrants raised a bit of cash but the price of GME needs to be WELL ABOVE 32$. Not just 30$.. well above it. Now the timing of this offer matters the most in my honest opinion. Lets take a quick look at GME historically over the past two years - in May/June specifically.
2025:
GameStop Announces Proposed Private Offering of $1.75 Billion of Convertible Senior Notes June 11, 2025
- Price ran to around 36 in May and then came back down to our little never ending sideways low-mid 20s
2024: Return of the CAT..... and:
- May 17, 2024: Announced an offering of 45 million shares, completed by May 24, netting roughly $900 million.
- June 11, 2024: Announced a second, larger offering of 75 million shares.
- The price at the time... well... we all remember.
History lesson over
Now 50% cash 50% stock. Cash dealt with now comes the stock part! BuT IT woULd Be so DILutIVE! Not quite actually. The existing ebay shareholders would roll half the ebay equity into the combined equity. So think of it like the existing EBAY shareholders would get a cute little pay day and own "half" of the new company for simplicity sake and we would own 50% of a much larger company.
But now imagine if Ryan Cohen (WHOS NOT ACTUALLY RETARDED - AND IS ACTUALLY REALLY TALENTED) understood how to read a chart and has been here for 84 years just like us. Imagine if this coming May/June cycle, he didn't do any further convertibles or dilutions because the cash is already in place. Instead, he wanted to find a way to minimize the dilution we would experience and let the stock price run as it should so that the rolled ebay equity would be 1 or 2 shares of the new company as the deal depends on the price of the GME share at the time of closing.
This is the plan yall. I can bet my sweet brown hairy ass that this May-June cycle will not be tampered with. He wants those warrants to raise some money but now also wants the price of the share as high as possible at the time of the deal closing.
Enjoy the next few weeks folks, it's gonna get the blood pumping.
Fin.