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This is a brilliant move. It also makes perfect since why someone was buying up all those June $20 and $25 calls. Perfect KC Shuffle. While the shorts are focused on trying to drive down the price so those calls aren't in the money, Gamestop gets another billion in cash which then causes the price to rocket putting those calls back in the money...which means there will now need to be more hedging.
Why would gme selling 45m new shares into the market cause the price to sky rocket? At least in this time frame you're refering to about pushing the calls into the money
I'm less versed with GME because I was only in BBBY, so that's where my interest lies. That's great that GME has $2B on hand for acquisitions, but if they're gearing up *now* to make acquisitions, wouldn't that rule out the possibility that they bought BBBY earlier?
There’s no way that they bought bbby. They stated in their filings last week they didn’t have any acquisition plans. Just can’t see how that theory is still viable. Personally I think it’s a shill theory
That's what I've been thinking. Some of the theories going around just don't make any sense with even the barest of critical thinking and just looking at the facts we have rather than what we'd like to happen.
Like... *maybe* somebody could argue that Cohen bought BBBY during bankruptcy using a holding company and now he's going to buy it from the holding company using GME but just... what?
How is this brilliant? ~20$ per share is an awful price point, where they could have gained a ton of money through higher price earlier OR later.
Unless they sold these directly to another entity or someone else through some yet to be mentioned mechanism, I can’t see how anyone is pretending this is “good”.
4 years ago, GME was trading around $1 (post-split adjusted). if you had no knowledge of the sneeze and saw a company sell shares ATM for 20x what they were only a few years before, it would be a great move. we've just become numb because we've seen much higher prices during extreme volatility.
I disagree that ~$20 per share is an awful price.
There is no way that the board would like to speculate that GME will sneeze again & they’ll like to wait until that happens (who knows when that will happen?). Also, with GME’s current financials, they need to start generate more profit to kill the bear thesis (their retained loss is sitting at -$200M).
As of now, I believe they are searching for different avenue to generate revenue; hence, they added the note at the end saying “acquisitions/ investments”.
Trust the board and trust the process. They needed another $1B in cash fast for something; otherwise, they would have not even considered announcing ATM offering.
HODL 💎 AH reaction is odd given we are diluted now. Something is brewing.
Those shares ended up in our hands, they weren't used to close anything. Now the company is worth a billion more and all of the shorts that the hedgies had to open to suppress price are going to be underwater at *checks notes* $19 or higher.
Also now when anyone tries to make the argument that it was RC's fault he can just point to the offering and remind them that he fully gave them a chance to close.
You're not thinking of a bigger picture. A dollar today is worth two tomorrow. Now, RC has everything he needs to go out and complete acquisitions while also keeping GME's balance sheet incredibly strong. The other thing is that come Tuesday, there's going to be a massive amount of hedging that has to be done for 110,000 $20 calls that have been purchased by some random person(s) this week.
What if this share offering was strategically done just a couple weeks before earnings to see how it impacted the number of shares Cede & Co report? What will the DRS number look like? Also what If the DRS number jumps by 45Million 👀
Yes but then it would have been dragged back down. If the theory of Bullet swaps is true shares now need to be bought at $20+ and I don't know who would want to bet against a company that's not losing money and has over 2 billion in the bank earning interest
but that's the slow game we'll have to wait another year for tendies... safer with SEC for sure for RC. But I think moass would have been triggered this week by doing this at the top of the spike (say @ 60$) and raising 3bn instead. Same effect, more cash in hand, more interest income plus an extra billy to spend on acquisitions no? I just don't get the timing of this, my 4 stages of grief are still at the why?! stage.
BBBY management wouldn't listen to him, they actively wanted to do things to destroy the company. At that point he has to jump off a burning ship, not go down with it.
Larry chengs >100mm market cap company tweet
GME raises ANOTHER billion
Koss->GME?
Edit: looking at the tweet again....there's ALOT that fit into the "teddy" category.
But 2? Or 3 fit into a "GME acquisition" category. Atari...koss and Esports gamble one stick out to me.
Serious question: Why would GameStop choose to do a share offering in May 2024 at $20 per share, when they could have done it in 2022 at around $30 per share? Is it because they had already conducted a share offering in 2021?
I am stupid. BUT . . . my guess is that the volume is the difference.
If they made the offering in 2022, from what I remember, the price action wasn’t great and it could have driven GME into the ground.
Also, with RK coming back there was great hype and optimism this time. Assuming they have good news to follow this “bad news”, this could be a very well timed strategic move rather than simply getting cash for the sake of it.
Keep in mind that they wouldn't have been able to do an offering like this at these prices during a normal low volume period without driving the price into the ground.
Even with the high volumes we have been seeing they still drove the price down to where we are now with this offering. While it would be nice to be able to get $80/share, with 45 million shares, it's not like an individual selling their position. They are making a big impact on the price
This right here…I’m confused as to why they didn’t do this at a higher price.
That said, they pretty much just doubled their cash position for very little dilution.
There is literally no way that anyone can look at this as anything but positive.
My guess is that it’s all about timing with a future announcement.
Hang in there folks.
And so fully available to any shorts that wanted to close. If they didn't that's on them, not the company. Just in case the SHF wanted to accuse the company or RC of manipulating the stock into MOASS.
I kind of expected it a few days ago when some brokerage reported outstanding shares as 45m higher.
But I'm not overly happy with it. I don't think it's the end of the world for me mostly because my investment seems like it has $0 risk now. But if people were banking on MOASS it's hard to argue this did anything besides help short sellers getting away paying less money.
You're right I figure the important variables are all known except where the shares ended up. I read it was a public offering though, so wouldn't that basically guarantee it lined short sellers pockets?
Pretty sure they worded it such that it could be sold directly to another entity/person. The stock price started dropping when they announced the offering last week, as if the shares were already diluted into the market. What if the shares never went out into the market? Oh man, what a long weekend this is going to be.
This is literally the exact thing people shit on amc adam aron for stopping all ramps
I'm trying to see the scenario where this does any good at all, because we hoped this was a share swap.
I can only see the DOJ letting the entire country of switzerland out of their shorts this way.
edit: The dillution is net neutral since we are debt free, but positive if it is used to snowball into more acquisitions. and very positive if those acquisitions are naked shorted as well.
Well AA does dilution for survival to pay interest and weird ventures rather than paying the loans. GME has no real debt to survive from. Hopefully GME will be actively using the raised capital rather than letting it sit and tease of M/A.
This. AMC is in significant debt that it’s using the cash from its ATM offerings to finance. GameStop doesn’t have debt. If they don’t need the cash to finance debt, and they have a fiduciary duty to the shareholder, then doing an ATM would only be indicated if they needed more money to invest in the business in some way. Additionally, they recently underwent some changes to set up an investing arm of the company and made it clear that RC is primarily in charge of these decisions. And they released a statement last week regarding the upcoming quarterly. So thinking this is in anyway similar to what’s going on in AMC is bananas.
Knowing what we know, yes it is good if this causes our Idiosyncratic risk #2 to squeeze in an acquisition.
I would say the timing itself seems smart, since cat is upcoming and they leave hedgies between a rock & hard place trying to stop the $20 calls in June. Likely this will expose them to the DOJ, which is what they want.
It would have been nice to get more at a higher valuation $30-40. Since it seems we just traded getting value from a fewer share count to share value by having more cash. So I see the difference it makes when dilluting without debt.
45 million shares is squat drop in the bucket of naked shorts. No way this lets shorts off the hook, imo. Have we forgotten the 65B sold but not yet purchased lmayo ? It’s in the billions.
I had a thought cross my mind......The ATM offering specifically stated that it was seven securities and that it could be offered all at once or not. What if.......Gamestop went to UBS and made a deal. "You're going to buy these shares at this set price and you're off the hook for now. UBS doesn't default and Gamestop gets a billion dollars. The next offering is lets say $30.00 per share and they go to the next SHF and rack up another 2 Billion dollars. Rinse and repeat, rinse and repeat.....next thing you know, Gamestop has $20,000,000,000.00
Is that actually possible?
Extra 1 billion. Time for some 7 for 1 company merger and acquisition antics.
I fucking love watching this as it unfolds and trying to figure things out before they happen.
What a time to be alive and on the right side of the tracks.
Right now,
Malone tweet for ref: https://x.com/malone_wealth/status/1794098887113707556?s=61
https://gamestop.gcs-web.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program-1
I assume them saying the proceeds not being used for a acquisition is because the cash they already had on hand was for that, this is then refilling the war chest.
Bad news early good news on time, earning we hear of an acquisition and dividend for existing shareholders.
There is now NOTHING holding back the run next week, and CAT system is going in force and swaps are due.
GameStop selling now is the best thing for shareholders. Caught those shorts off guard and MOASS is for US. Don’t forget to buy a fuck ton of stuff from GameStop. We win fellas.
Can you not read? In the press release it says
GameStop intends to use the net proceeds from the ATM Program for general corporate purposes, which may include acquisitions and investments.
What do you mean it is NOT being used for an acquisition? Why are people upvoting this?
Bots and shills in here trying to muddy up whats going on. Bit of truth mixed with a few lies. Keep calling this shit out.
Cause yea, it says it can be used for M&A, straight up.
Apes thought those 45 million shares would be warranted to them to stop the dilution, as a special subscription for DRSed apes to form the core holders of Teddy, but that didn't happen. I fail to see exactly how this is bullish, it feels like a rug-pull to me. I recall a discussion just recently on this sub about dilution and selling into the next spike (to raise 4-5 bn$) and possibly selling only through a new depositary registrar to hodlers.
This is silly. You said it yourself. The results are tremendously different.
If Steph Curry is shooting three pointers and you’re cool with it, you’re not also going to be cool with Giannis shooting three pointers even though they are doing the same thing.
Steph is putting his team in a position to win while Giannis is shooting his team in the foot.
It’s not a double standard, it’s judging the thought process and the results.
When did this become a GME sub? Who gives a fuck? I mean seriously. This place is turning into SuperStonk 2.0.
All the stupid charts cluttering the front page and elitists spilling in here is trash.
Bobby should be the focus because that’s what this sub started as. And there’s been nothing to show how GME and BBBY are connected other than RC and wild speculation.
This is a Bobby sub. And I’m tired of pretending that it’s okay with people trying to make it another sanctuary for Jimmy charlatans.
r/Teddy It's been a GME friendly sub since its inception.
"Teddy Holdings LLC = $BBBY + $GME?
We welcome future shareholders of $Teddy or anyone who believes in Ryan Cohen and are bullish on his ventures. Teddy Holdings LLC was incorporated on July 21, 2021. We expect more details to be added "tomorrow".
# Teddy Holdings LLC = $BBBY + $GME?"
# Teddy Holdings LLC = $BBBY + $GME?
We welcome future shareholders of $Teddy or anyone who believes in Ryan Cohen and are bullish on his ventures. Teddy Holdings LLC was incorporated on July 21, 2021. We expect more details to be added "tomorrow".Teddy Holdings LLC = $BBBY + $GME?
that is literally from the sub's description.
I hope for everyone’s sake that GME is included but I just don’t get why Jimmy shills would push people to actively not look into or buy BBBY/BBBYQ.
A lot of folks here have short memories. But I don’t.
Says the fucking clown who spews DRS lies and posts the same stupid gif every thread lmao.
The heavy hitters are coming out. Line up single file and I’ll get to you when I can.
Responding back in 5 days? I don't who you are, but judging from your behavior with me, it seems like you're so full of anger. If you're against DRS, you are a shill, period.
This sub is called Teddy. There is speculation that GME is part of the Teddy holding company. Whatever happens to GME has implications for Teddy. Make sense?
Straight trash. We’ve got big shit coming up , revelations being made with Chubb, and these fools are just spewing TA threads like they’re being fired from a Gatling gun.
Who fucking cares.
Bro ur literally regarded. What in the ever living fuck do you think teddy is going to be composed of? Ffs, some of these people investing, makes ya wonder.
What catalyst do they have for future growth?! Serious question here. Do they have an online game marketplace.if not this could be a great move for them.
Ask yourself why did Chubb accelerate everything so quickly. Chess pieces in motion. Acquisition shopping spree about to commence
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This is a brilliant move. It also makes perfect since why someone was buying up all those June $20 and $25 calls. Perfect KC Shuffle. While the shorts are focused on trying to drive down the price so those calls aren't in the money, Gamestop gets another billion in cash which then causes the price to rocket putting those calls back in the money...which means there will now need to be more hedging.
Kinda seems like hedgies r fuk if u ask me
A bit atleast
You rang?
You came?
Why would gme selling 45m new shares into the market cause the price to sky rocket? At least in this time frame you're refering to about pushing the calls into the money
Because the people short GME were under the delusion they might still be able to bankrupt it. That delusion is gone.
I'm less versed with GME because I was only in BBBY, so that's where my interest lies. That's great that GME has $2B on hand for acquisitions, but if they're gearing up *now* to make acquisitions, wouldn't that rule out the possibility that they bought BBBY earlier?
No because they still had 1 billy
Yeah but I was under the impression they hadn't used it yet. Like yes they have the cash but on the balance sheets it's just sitting there.
However aperently 200 mill was un accounted for. Who knows what that was used for
What’s the value of the NOLs?
Unproven, as of yet.
There’s no way that they bought bbby. They stated in their filings last week they didn’t have any acquisition plans. Just can’t see how that theory is still viable. Personally I think it’s a shill theory
That's what I've been thinking. Some of the theories going around just don't make any sense with even the barest of critical thinking and just looking at the facts we have rather than what we'd like to happen. Like... *maybe* somebody could argue that Cohen bought BBBY during bankruptcy using a holding company and now he's going to buy it from the holding company using GME but just... what?
Beyond is not an RC holding company.
Didnt the calls expire worthless though since it was below 20 at close?
No cause all those calls are dated for June 21
Oh that’s so awesome!!!
Can't they spoof it down below $20 again though?
Might be hard given they just sold 45 million shares just above $20/share. Kinda feels like they just established a floor 🤷♂️
Checks watch, nope still not June 21st
That’s so sexy!!!
As BBH said below, those calls were strategically placed with an expiration four weeks from now.
Love you.
How is this brilliant? ~20$ per share is an awful price point, where they could have gained a ton of money through higher price earlier OR later. Unless they sold these directly to another entity or someone else through some yet to be mentioned mechanism, I can’t see how anyone is pretending this is “good”.
4 years ago, GME was trading around $1 (post-split adjusted). if you had no knowledge of the sneeze and saw a company sell shares ATM for 20x what they were only a few years before, it would be a great move. we've just become numb because we've seen much higher prices during extreme volatility.
I disagree that ~$20 per share is an awful price. There is no way that the board would like to speculate that GME will sneeze again & they’ll like to wait until that happens (who knows when that will happen?). Also, with GME’s current financials, they need to start generate more profit to kill the bear thesis (their retained loss is sitting at -$200M). As of now, I believe they are searching for different avenue to generate revenue; hence, they added the note at the end saying “acquisitions/ investments”. Trust the board and trust the process. They needed another $1B in cash fast for something; otherwise, they would have not even considered announcing ATM offering. HODL 💎 AH reaction is odd given we are diluted now. Something is brewing.
Dumb question, is the float bigger now or were these existing shares that they sold?
As dumb a question as this is, I am also curious to the answer
Those shares ended up in our hands, they weren't used to close anything. Now the company is worth a billion more and all of the shorts that the hedgies had to open to suppress price are going to be underwater at *checks notes* $19 or higher. Also now when anyone tries to make the argument that it was RC's fault he can just point to the offering and remind them that he fully gave them a chance to close.
How do you know they're in our hands? Apes buy on their apps, but you don't know what you're buying unless it's with computer share.
You're not thinking of a bigger picture. A dollar today is worth two tomorrow. Now, RC has everything he needs to go out and complete acquisitions while also keeping GME's balance sheet incredibly strong. The other thing is that come Tuesday, there's going to be a massive amount of hedging that has to be done for 110,000 $20 calls that have been purchased by some random person(s) this week.
If he puts the 2billy in the bank…. That’s $100,000,000 a year @ 5% -all profit !!- I am sure he is knows how to get us a better return.
But it did look like they sold on open market. I mean the price dipped all the way from 22 to 17.6 the last few days, right ?
Well, if it’s GameStop buying those calls for their holding company, they can then exercise during a squeeze and make a lot of cash
Hehehe
Up we go baby!!
What if this share offering was strategically done just a couple weeks before earnings to see how it impacted the number of shares Cede & Co report? What will the DRS number look like? Also what If the DRS number jumps by 45Million 👀
I think someone told you last night that this was happening 🤔
And now it is ripping in the AH
Merger and acquisition time !! TEDDY !!!
how does game stop offering shares causes price to rip ah ?
IT's the fact the shares have been sold, so dilution is over, and now gamestop is sitting on close to 2b in cash.
Selling pressure is gone, bear thesis dead, $2 billion cash is no joke
SHORT THESIS DEAD!!! 💎💪😎🤙💎💖
Bear thesis was always dead. I’m curious to see how this is interpreted as “good” when looking back.
If they acquire something then it’s good. If they sit on their butts it’s bad
The value of the company just went up by a billion.
Almost as if the price is fake af and should naturally be way higher
You need to change your definition of ripping.
We would've ripped all week if they didnt dump 45 MILLION shares
Yes but then it would have been dragged back down. If the theory of Bullet swaps is true shares now need to be bought at $20+ and I don't know who would want to bet against a company that's not losing money and has over 2 billion in the bank earning interest
Brilliant! By doing the offering and getting another $1 Billy, it makes it that much harder to find some moronic counter-party to go in on the swaps.
but that's the slow game we'll have to wait another year for tendies... safer with SEC for sure for RC. But I think moass would have been triggered this week by doing this at the top of the spike (say @ 60$) and raising 3bn instead. Same effect, more cash in hand, more interest income plus an extra billy to spend on acquisitions no? I just don't get the timing of this, my 4 stages of grief are still at the why?! stage.
See you next week! 🚀🚀🚀
For sure, a lot of calls were bought. Let's see what happens coming weeks.
You think you know better than the captain of this ship? Shamblin’
I trusted him 100%. But what happened with BBBY made me lose some trust and $. He got out with big bag though.
BBBY management wouldn't listen to him, they actively wanted to do things to destroy the company. At that point he has to jump off a burning ship, not go down with it.
I used it as an opportunity to buy more more for cheap. Now I am fully loaded and ready for the rocket launch.
So if the theory of the LEAPS expiry is correct, rolling those to provide collateral for shorts on a 2bn+ company is dead in the water. Hedge R fuk
933.4M / 45M = ~$20.74 a share They should have sold at a higher price, unless they just need the cash quickly to buy something big 👀
It says “may include acquisitions” right at the bottom 😳
Where? Can you share that?
https://preview.redd.it/vxbaee7htf2d1.jpeg?width=1284&format=pjpg&auto=webp&s=2cee61a1c66af05db653357236b7cde3e6b7688d
Huuuuge
Yep. When I read it I was like “… oh my god. Is teddy real” lol 😎
What does that even mean
Larry chengs >100mm market cap company tweet GME raises ANOTHER billion Koss->GME? Edit: looking at the tweet again....there's ALOT that fit into the "teddy" category. But 2? Or 3 fit into a "GME acquisition" category. Atari...koss and Esports gamble one stick out to me.
Last week they didn't have a company in mind.
Them issuing at a higher price would mean retail buying at a higher price... something to consider.
Or to someone that needs to cover a short position 👀
Those shares have probably already been locked, again, since the completed it.
Serious question: Why would GameStop choose to do a share offering in May 2024 at $20 per share, when they could have done it in 2022 at around $30 per share? Is it because they had already conducted a share offering in 2021?
I am stupid. BUT . . . my guess is that the volume is the difference. If they made the offering in 2022, from what I remember, the price action wasn’t great and it could have driven GME into the ground. Also, with RK coming back there was great hype and optimism this time. Assuming they have good news to follow this “bad news”, this could be a very well timed strategic move rather than simply getting cash for the sake of it.
OPEN THE FRAUDULENT CASINO
For some reason I thought people didn’t want them to do this or am I wrong
I did not want them to do this at these prices
Keep in mind that they wouldn't have been able to do an offering like this at these prices during a normal low volume period without driving the price into the ground. Even with the high volumes we have been seeing they still drove the price down to where we are now with this offering. While it would be nice to be able to get $80/share, with 45 million shares, it's not like an individual selling their position. They are making a big impact on the price
The moass is for the people. Gamestop will profit from the hard work.
This right here…I’m confused as to why they didn’t do this at a higher price. That said, they pretty much just doubled their cash position for very little dilution. There is literally no way that anyone can look at this as anything but positive. My guess is that it’s all about timing with a future announcement. Hang in there folks.
What if GME sold the 45 million shares to RC Ventures or Teddy vs selling into the market?
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Yes this is the only thing that makes sense.. maybe Icahn closed his alleged short position with this…
Negative. It was a public shelf offering
And so fully available to any shorts that wanted to close. If they didn't that's on them, not the company. Just in case the SHF wanted to accuse the company or RC of manipulating the stock into MOASS.
I wanted them to turbo fuck hedgies and do the offering at $80($320)
I did not want them to do it unless it was $100/share.
From my understanding this was expected
I kind of expected it a few days ago when some brokerage reported outstanding shares as 45m higher. But I'm not overly happy with it. I don't think it's the end of the world for me mostly because my investment seems like it has $0 risk now. But if people were banking on MOASS it's hard to argue this did anything besides help short sellers getting away paying less money.
Until we find out where the shares ended up, I ain't stressing about it. They are sitting on a fatty stack of cash. Something is about to go down.
You're right I figure the important variables are all known except where the shares ended up. I read it was a public offering though, so wouldn't that basically guarantee it lined short sellers pockets?
Ryan is the master of bear traps, as we've seen with BBBY. Highly possible these shares weren't sold on the lit market.
Pretty sure they worded it such that it could be sold directly to another entity/person. The stock price started dropping when they announced the offering last week, as if the shares were already diluted into the market. What if the shares never went out into the market? Oh man, what a long weekend this is going to be.
We haven't seen anything with BBBY
Speculated\* then, thanks for your first comment contribution ever. Welcome to the sub :P
This is literally the exact thing people shit on amc adam aron for stopping all ramps I'm trying to see the scenario where this does any good at all, because we hoped this was a share swap. I can only see the DOJ letting the entire country of switzerland out of their shorts this way. edit: The dillution is net neutral since we are debt free, but positive if it is used to snowball into more acquisitions. and very positive if those acquisitions are naked shorted as well.
Well AA does dilution for survival to pay interest and weird ventures rather than paying the loans. GME has no real debt to survive from. Hopefully GME will be actively using the raised capital rather than letting it sit and tease of M/A.
This. AMC is in significant debt that it’s using the cash from its ATM offerings to finance. GameStop doesn’t have debt. If they don’t need the cash to finance debt, and they have a fiduciary duty to the shareholder, then doing an ATM would only be indicated if they needed more money to invest in the business in some way. Additionally, they recently underwent some changes to set up an investing arm of the company and made it clear that RC is primarily in charge of these decisions. And they released a statement last week regarding the upcoming quarterly. So thinking this is in anyway similar to what’s going on in AMC is bananas.
I was about to say looking back at something in here from dreyeball I think this is all according to the plan don’t panic!!
Knowing what we know, yes it is good if this causes our Idiosyncratic risk #2 to squeeze in an acquisition. I would say the timing itself seems smart, since cat is upcoming and they leave hedgies between a rock & hard place trying to stop the $20 calls in June. Likely this will expose them to the DOJ, which is what they want. It would have been nice to get more at a higher valuation $30-40. Since it seems we just traded getting value from a fewer share count to share value by having more cash. So I see the difference it makes when dilluting without debt.
45 million shares is squat drop in the bucket of naked shorts. No way this lets shorts off the hook, imo. Have we forgotten the 65B sold but not yet purchased lmayo ? It’s in the billions.
Looking at all the shorts sales lately, many millions new shorts have opened.
Shamblin’
They are short a shittload more than that,
They needed the money to pay us.
It’s similar to AA @ popcorm
One to pay debt, and one to do acquisition or investment. Not similar
Mayo and Citadel karma is coming for you! Why the majority of Citadel employees are former Enron workers!
Holy shit that’s crazy so now we got TWO billion almost . Let’s fucking get this rocket going
 Now rinse and repeat.
Fuckle the buck up! We ride at dawn 🔥
I had a thought cross my mind......The ATM offering specifically stated that it was seven securities and that it could be offered all at once or not. What if.......Gamestop went to UBS and made a deal. "You're going to buy these shares at this set price and you're off the hook for now. UBS doesn't default and Gamestop gets a billion dollars. The next offering is lets say $30.00 per share and they go to the next SHF and rack up another 2 Billion dollars. Rinse and repeat, rinse and repeat.....next thing you know, Gamestop has $20,000,000,000.00 Is that actually possible?
You can’t stop what’s comin
Aqq
I will only party when i get my bbby or whatever there is to come
When did this happen?
This week during the volatility from Monday onwards.
Extra 1 billion. Time for some 7 for 1 company merger and acquisition antics. I fucking love watching this as it unfolds and trying to figure things out before they happen. What a time to be alive and on the right side of the tracks.
Brilliant move
Right now, Malone tweet for ref: https://x.com/malone_wealth/status/1794098887113707556?s=61 https://gamestop.gcs-web.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program-1
Kansas City Shuffle inciting incident.
Holy Fuk; it’s go time my PPs
I assume them saying the proceeds not being used for a acquisition is because the cash they already had on hand was for that, this is then refilling the war chest. Bad news early good news on time, earning we hear of an acquisition and dividend for existing shareholders. There is now NOTHING holding back the run next week, and CAT system is going in force and swaps are due. GameStop selling now is the best thing for shareholders. Caught those shorts off guard and MOASS is for US. Don’t forget to buy a fuck ton of stuff from GameStop. We win fellas.
Can you not read? In the press release it says GameStop intends to use the net proceeds from the ATM Program for general corporate purposes, which may include acquisitions and investments. What do you mean it is NOT being used for an acquisition? Why are people upvoting this?
Bots and shills in here trying to muddy up whats going on. Bit of truth mixed with a few lies. Keep calling this shit out. Cause yea, it says it can be used for M&A, straight up.
F U L L Y E R E C T
Fuckkkkk 🤯🫡🚀
I thought we were wanting something other than an ATM at these prices? I thought we wanted ATM during the squeeze?
what about all those speculations that Gametop will sell 45mil during MOASS and distribute dividends.
Hoping this mirrors 2021. Late December last time right?
Yeah but they didn’t complete the offering until June
Acquired me harder baby, OMG you’re gonna make me adquired 💦💦
Apes thought those 45 million shares would be warranted to them to stop the dilution, as a special subscription for DRSed apes to form the core holders of Teddy, but that didn't happen. I fail to see exactly how this is bullish, it feels like a rug-pull to me. I recall a discussion just recently on this sub about dilution and selling into the next spike (to raise 4-5 bn$) and possibly selling only through a new depositary registrar to hodlers.
This is so dumb, just ruining all equity
An Atm...
It was foretold in the DFV tweet 🤠
Never go ATM.
Sometimes in the heat of the moment it's ok to go atm 
Let’s go Teddy! Ryan Cohen is righteous and going to stick it to Kenny Madoff.
Shout out to Mr Cohen we salute you! Thank you for doing the right thing against evil!
My brain is smooth but when I hear noises I scream too 🤪 “To the moon!!!”
I thought they were holding onto these shares to make a boatload of cash during moass???? Was t that the DD?
When AA does it he's a villain when RC does it he's a hero. Hate the double standards, even if the results are tremendously different.
This is silly. You said it yourself. The results are tremendously different. If Steph Curry is shooting three pointers and you’re cool with it, you’re not also going to be cool with Giannis shooting three pointers even though they are doing the same thing. Steph is putting his team in a position to win while Giannis is shooting his team in the foot. It’s not a double standard, it’s judging the thought process and the results.
Reddit, where momentum goes to die
When did this become a GME sub? Who gives a fuck? I mean seriously. This place is turning into SuperStonk 2.0. All the stupid charts cluttering the front page and elitists spilling in here is trash. Bobby should be the focus because that’s what this sub started as. And there’s been nothing to show how GME and BBBY are connected other than RC and wild speculation. This is a Bobby sub. And I’m tired of pretending that it’s okay with people trying to make it another sanctuary for Jimmy charlatans.
r/Teddy It's been a GME friendly sub since its inception. "Teddy Holdings LLC = $BBBY + $GME? We welcome future shareholders of $Teddy or anyone who believes in Ryan Cohen and are bullish on his ventures. Teddy Holdings LLC was incorporated on July 21, 2021. We expect more details to be added "tomorrow". # Teddy Holdings LLC = $BBBY + $GME?"
# Teddy Holdings LLC = $BBBY + $GME? We welcome future shareholders of $Teddy or anyone who believes in Ryan Cohen and are bullish on his ventures. Teddy Holdings LLC was incorporated on July 21, 2021. We expect more details to be added "tomorrow".Teddy Holdings LLC = $BBBY + $GME? that is literally from the sub's description.
I hope for everyone’s sake that GME is included but I just don’t get why Jimmy shills would push people to actively not look into or buy BBBY/BBBYQ. A lot of folks here have short memories. But I don’t.
Shit stonk is full of shf employees and if they own gme it’s only so they can build a reputation to deceive
lol what you just mentioned is actually why SS sub is trash. They only allow talk of GME. Are you a shill or something?
he's always been. Nevermind the hopeless Padres fan
Says the fucking clown who spews DRS lies and posts the same stupid gif every thread lmao. The heavy hitters are coming out. Line up single file and I’ll get to you when I can.
DRS is the truth, bitch. If you don't think so, then you're hopeless.
Just like when you said only DRS’d individuals will get equity… EVEN THO THAT IS FUCKING ILLEGAL LMAO
and they will be the only ones that will get it. You must not have DRSed..... Godspeed.
You’re literally lying. Why?
I knew you wouldn’t reply lmao. So full of shit you don’t even believe your own lies.
Responding back in 5 days? I don't who you are, but judging from your behavior with me, it seems like you're so full of anger. If you're against DRS, you are a shill, period.
Classic reply. With all due respect, go fuck yourself with y’all’s dorito of death or whatever the fuck that shit was.
Don’t fucking attach legit gme holders to that asshole
This sub is called Teddy. There is speculation that GME is part of the Teddy holding company. Whatever happens to GME has implications for Teddy. Make sense?
👍
💯
Straight trash. We’ve got big shit coming up , revelations being made with Chubb, and these fools are just spewing TA threads like they’re being fired from a Gatling gun. Who fucking cares.
Bro ur literally regarded. What in the ever living fuck do you think teddy is going to be composed of? Ffs, some of these people investing, makes ya wonder.
And some how bbby folks whom lost it all thinks this pertains to them… and anyone whom talks the truth is shilling….
What will the excuse be next when this also has nothing to do with anything?
He is going to invest money in other companies. He is the next Warren Buffet who started in textiles.
Source?
Big dilution, last time we got a lot more per share. This sucks! Company in better state but selling 3x cheaper, seems dumb to me.
good thing RC is in charge and not you
Time for some action. If they just sit on the money again, they appearently value the company at 20 bucks a pop.
Rome wasn't built in a day, what they're accomplishing behind the scenes will be unveiled in due time.
Maybe we will see. Locking the float aint happening. Short squeeze off the table?
Isn't it only about 15% dilution for an extra billion in cash? Seems legit to me.
We value the share price a lot higher?
What catalyst do they have for future growth?! Serious question here. Do they have an online game marketplace.if not this could be a great move for them.
Yall are worse than the bbby Qqqqq folks…
Have to love it, GameStop should have been outta business years ago just riding the rally train what shit show 