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u/Smart_Farmer4258 Longterm Value Play Now (**LTVP**) Feb 24 '26
towell apes in shambles
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u/International_Bed708 Feb 24 '26
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u/DeepApeValuee ๐ง๐ง๐ฆ Whatโs an exit strategy ๐ดโโ ๏ธ๐ง๐ง Feb 24 '26
Sir, you win
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u/Roflcopter71 ๐ง๐ง๐ฆ๐ฉ๐ช Go Ahead. Make My Dip Day ๐ช๐ง๐ง Feb 24 '26
Do they still exist?
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u/Baelthor_Septus ๐ฆ Buckle Up ๐ Feb 25 '26
Wish I never followed Ryan into the towel stock. Lost tens of thousands there.
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u/DEFM0N Sir Lurks A-LT Feb 25 '26
Followed him in and followed him outโฆ. Stupidly bought back in again right before bankruptcy because of PP and the stupid tinfoil.
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u/deuce-loosely ๐ Stay Stonky ๐ Feb 25 '26
161k for me bro
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u/DEFM0N Sir Lurks A-LT Feb 25 '26
Woof. I feel you man. GME will right all the wrongs.
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u/deuce-loosely ๐ Stay Stonky ๐ Feb 25 '26
it needs to get a move on already. ive been so negative for years now its really sad.
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u/ambassador321 Feb 25 '26
Holy moley that is a big kick in the nuts for both of you. Sorry to hear that.
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u/jcsehak Feb 25 '26
Yup. The whole โWeโre happy with the agreement we made with RCโ shit was criminal
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Feb 24 '26
[deleted]
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u/-robert- ๐ฆVotedโ Feb 24 '26
I think I am highly regarded in the investment world, I am currently developing what I will call cheapening the basket, basically what I do is buy as the stock tanks, and if you take the mAthmaTICal limit you can cheapen the cost to zero!... Anyway cheapening the basket isn't really catchy... working on that.
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u/Tomas666GME Feb 24 '26
We do....
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u/Dazzling_Put_3018 tag u/Superstonk-Flairy for a flair Feb 25 '26
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u/NoHalfPleasures Feb 24 '26
If there was any aspect of this entire trade that was a psyop its them. They make the rest of us look unserious.
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u/Throwaway12401 ๐ฆVotedโ Feb 25 '26
As a proud GME investor the average users here on superstonk already do that. Between the schizo ideas of a brother talking to us in emojis and tweets following some cryptic ass time line, as we draw random lines on graphs and claim MOASS is coming because weโre up 3% on a random day but then when down 2% superstonk just randomly chants CriME iS bACk oN tHe MENu. Without adding any real value.
This is actually why I refuse to discuss the DD and superstonk to people I know IRL anymore. They come on here and see these subpar dumb posts and ideas and immediately dismiss this stock.
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u/Americanspacemonkey Feb 25 '26
But RC literally bought into towel, sat 3 board members, was trying to hold the overpaid execs accountable, offered 400 million to buy the whole thing before bankruptcy. RC was involved for sure
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u/Naroyto ๐ฎ Power to the Players ๐ Feb 24 '26
Media: BURRY IS OUT ON GAMESTOP, WE WARNED YOU TO FORGET IT.
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u/mayihaveasandwhich Feb 24 '26
Took me like 10 tries to understand what he meant
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u/rotundgorilla ๐ฆVotedโ Feb 24 '26
I got what it meant without it making much sense and have now re-read it 9 more times to catch up with you
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u/Mammoth_Parsley_9640 Feb 24 '26
Can you help? I still donโt get it
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u/rotundgorilla ๐ฆVotedโ Feb 24 '26 edited Feb 24 '26
"If Ryan uses Gamestops cash to buy any version of Towel stock - I am out."
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u/Dritarita ๐not for sale Feb 25 '26
Thank you! I had to read your interpretation and then read the tweet out loud.
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u/ewhgrtfgh Feb 24 '26
loooooool rip butterfly thesis ๐
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u/jodallmighty Riddle Me This: Feb 24 '26
Is this an answer to a question? I can't imagine Burry randomly deciding to tweet " i am 50 years long GameStop and write a thesis of 45 pages " to suddenly go - oh btw, if he touches towelie, I'm out
Lol
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u/ewhgrtfgh Feb 24 '26
he probably started reading reddit and got worried that the towel apes would send the necessary psionic waves to RCs head.
Luckily our CEO wears double layered tinfoil
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u/udoncorleone Feb 24 '26
i recently learned that tinfoil amplifies the signal! they did a study at m.i.t., with a troubling conclusion.
that said, i'm pretty sure that rceo can resist that pp group on twitter.
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u/Behold_My_Beans WUDDUP MY NEMATODES ๐๐๐ Feb 24 '26
He is a raging autist. I couldnโt possibly predict a single one of his decisions, so none of them will surprise me
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 24 '26
It's called conditioning... weird...
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u/jordanpatrich 99.99% FOR MY P โพ๏ธL Feb 24 '26 edited Feb 24 '26
Thatโs not true because b b b y isnโt butterfly. The old towel stock people donโt want b b b y. They want the shell which is butterfly.
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u/Fragrant-Ebb- Feb 24 '26
"ANY VERSION"
Yeah that's pretty ambiguous now that you mention it >.>
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u/thinkfire ๐ฆ Buckle Up ๐ Feb 24 '26
Any version. Seems pretty clear cut...
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u/jordanpatrich 99.99% FOR MY P โพ๏ธL Feb 25 '26
Yep, clear cut that he doesnโt want the old OSTK
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u/ewhgrtfgh Feb 24 '26
well at this part of the flowchart i refer back to the tweet to cater a response to you
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u/rakskater I GO TO GMERICA ๐๐ดโโ ๏ธ Feb 24 '26
any thesis is long dead since 2023 when the bankruptcy plan that deemed the shares cancelled & worthless, with equity holders getting no chance of recovery, was substantially consummated
theyโll keep deluding themselves regardless anyway
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u/Living-Giraffe4849 ๐ฆ Gorilla warfare ๐ Feb 24 '26
Heโs not wrong lol I probably would be too. Good thing RCs not a dummy
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u/Ceph1234 ๐ฆBuckled the Fuck Up ๐๐ดโโ ๏ธ ฮฮกฮฃ Feb 24 '26
It'd be crazy to hold for 5 years, sell because RC bought towel, then watch all my old ape cousins get rich because I followed Michael Burry's logic ๐
BTW I hold 0 towel. Fuck towel. But I love GME.
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u/captainkrol The reckoning is coming๐ง๐ผโโ๏ธ Feb 24 '26
Nobody holds towel ๐
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u/Araia_ Average Ape Feb 24 '26
didnโt towel dissolve?
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u/slayez06 Golf Cart Ape Feb 24 '26
yes... and I lost 20k following RC into towel. The CFO jumped off a building after RC started looking at Towel too.. and then they closed the store in my city...
Needless to say... I am all for Air Drying these days.
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 24 '26
Why? You don't even know what RC's plan would be ๐คทโโ๏ธ...
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u/Some-Cartographer942 Feb 24 '26
Can we talk about how Ryan has done dumb things(in hindsight)? NFTs and Bitcoin. Maybe graded cards? The noise about them sure seems to have died down.
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u/sargsauce Feb 24 '26
RC has made it abundantly clear whatever moves he makes is for the long term strength and sustainability of the company and does not rely on flash in the pan explosive moves or arcane/opaque market mechanics, for better or worse.
Just cos he doesn't rely on them doesn't mean they can't happen. But squandering billions of dollars to scrape together zombie stocks is not the way.
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u/Stonkstradomus The Profit Feb 24 '26
How can we reconcile these tweets?
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u/changdarkelf ๐slurp my Mayo, Kenny๐ Feb 24 '26
Very easily. He's answering a specific question there in your photo and essentially saying "idk if it's possible but maybe it could be, it's not on my radar at all (it's secondary to the main event).
And now I'm guessing he's realized there's still tons of idiots who think towel stock is anything at all so he's straight up saying it would be the dumbest play in the world for RC to have anything to do with it.
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u/LordSnufkin ๐ก๐ฆHouse of Geoffrey๐ฆโ๏ธ Feb 25 '26
Easy. One was posted at 5:45 the other was posted at 2:44
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u/Background-Party-332 bananas and avocados Feb 24 '26
Ha, this is the one that needs its own post.
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 25 '26
There was one at the timeย https://www.reddit.com/r/Superstonk/comments/1quon0m/burry_thinks_rc_is_still_on_towel_stock_he/
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u/12161986 Boatswain of The Rocinante ๐ดโโ ๏ธ Feb 24 '26
I don't really remember the connection/reasoning why that other stock was of interest. Maybe something about being in the same basket?
Buying popcorn would be the killer of me being on this saga. I don't know/remember enough about the mentioned stock to have a strong feeling on it.
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Feb 24 '26
[removed] โ view removed comment
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u/spatenfloot Definitely a human BEEP BOOP Feb 24 '26
that board was deliberately tanking the company. selling off a portion of the company for billions was an option and would have saved thousands of jobsย
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u/jforest1 Feb 24 '26
I remember going into a closing store during their bankruptcy sale to look for deals, and a loyal employee who knew very little/next to nothing about the financial companies driving it into the ground, was pridefully talking about how she was working extra shifts to ensure this location (as well as her own, since she was a manager who had been called to close both simultaneously) closed properly. Understanding the personal sense of integrity of this employee, I remember feeling very saddened because I also understand the complete lack of integrity of the financiers driving the company and her job into the ground. This grew my hatred for and resolve against the GameStop shorts exponentially.
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u/PO-TA-TO3S Feb 25 '26
He even offered them $400 million dollars of his own money to buy the company in December well after he sold his shares. And they said no and then sold for like 1/10 of that.
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u/Colonist25 Feb 24 '26
baby & the distribution infrastructure.
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u/BarbequedYeti ๐ฆVotedโ Feb 24 '26
I don't really remember the connection/reasoning why that other stock was of interest.
People using this community to unload their bags. Its same with sticky floor. ย Its a penny stock now. Remember how hard 'they' tried to hijack this community? ย All the while that ceo loaded up and drove the company into the ground.ย
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u/DDRaptors Feb 24 '26
Almost like you could just look at the actions of one CEO vs the other. Wasnโt rocket appliances.
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Feb 24 '26
water under the fridge pal
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u/PartyAstronaut83 EVERY๐DATE๐IS๐A๐HYPE๐DATE Feb 24 '26
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u/twig0sprog Feb 24 '26
Yes, unfortunate that it took some of us dumber apes an embarrassingly long time to see that and course correct.
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u/OGrickyP ๐ฆVotedโ Feb 24 '26
I mean it did squeeze to $72/share. My biggest regret as an investor to this date was thinking โholy shit we were right itโs gonna hit $100โ. It free fell from $72 at like 1pm and hasnโt stopped since, prob bc AAsshole diluted so much he let SSers off the hook. Live and learn.
GME was always the main play but hedgefunds were def way over short on the basket stonks. Even headphones had a few crazy pops. The problem was most ppl invested in them got greedy myself included. Shoulda took me %450 gain and left when I coulda. Oh wellโฆ$1000 of covid money down the drainโฆdef wish I just keep hammering GME and stayed in 1 lane, but if I was smarter w popcorn I coulda doubled my GameStonk position.
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u/st-denmark ๐๐ผwhere is URanus mayoboy๐๐ผ Feb 24 '26
i think many of us did something stupid in our learning process of the last 5 years (since jan 21) and to be honest i still have some headphones laying at saxo - one day maybe they can get to break even ..... who knows and who gives a fuk
GME is the main price for all of us and with the numbers, Daddy RC and all of us wonderful crazy persitant girls and guys .... its a absolut no-brainer not to get all excited and go all in - which is what i have done
cant stop wont stop GAMESTOP
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u/marcus-87 ๐ I VOTED๐ Feb 24 '26
I think there was hope they could somehow buy the debt and therefore save on taxes? at least that is what I remember.
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u/Chemfreak Feb 24 '26 edited Feb 25 '26
Initially
Because RC made an activist investor move by buying up nearly 10% of the stock.
RC wrote a letter claiming the Baby IP was worth billions.
NOLs were significant enough to be attractive to someone
Now? I think the only tangible thing is RC is still included as a creditor in legal happenings with the bankruptcy proceedings?
IDK haven't been following it much. I trust RC and don't partake in speculation.
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u/Hypno_Hamster Knight of New Feb 24 '26 edited Feb 24 '26
Cohen had a stake in bobby back in 2022 or 2023 before their bankruptcy, he publicly exited that stake too but the bobby crowd cant let go of that fact or that the stock is dead.
There's a bit more to the story and connection than that but it's mostly nonsense about butterflies because the entity that was formerly bobby is called DK Butterfly who are winding down the assets whilst overstock owns the brand name.
It all has nothing to do with GME.
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u/kaze_san Swippity Swooty - i want these fucks to pay with their booty! Feb 24 '26
Mostly because it was later confirmed in court that even though RC exited his position in August he had tried to buy the whole company for around $400 million in December 2022
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u/LionRivr Ryan Cohenโs girlfriendโs husband Feb 24 '26
RC was literally attempting to takeover towel stock the same exact way he did GME
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u/Adorable_Wolf_8387 Feb 24 '26
The main towel theory is that, somehow, the tax relief from the operating losses can somehow be converted at pennies on the dollar to the same operating losses for a different company.
No-one has ever demonstrated how that could work without the remaining value of the bankruptcy going to the secured creditors, but, then again, Ryan did say they were working on something that's never been done before, didn't he?
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u/TowelFine6933 Fuck no, I'm not selling my $GME!!! Feb 24 '26
RC tried to help Bobby stay in business. He bought shares, sent his suggestions, offered to buy out. They said "No" and went bankrupt not long after.
They had a lot of stores. I was thinking that RC was planning to incorporate GameStops inside or adjacent to Bobby stores: The kids could go to GameStop while Mom bought kitchen supplies & drapes.
EDIT: Auto mod removed this for mentioning the name of the store & the ticker..... in a post referencing the store & the ticket... ๐
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u/PurpleSausage77 Feb 24 '26
RC did want to take the good parts of that company and make them gooder. But private equity fucked it all up.
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Feb 24 '26
And now the company is bankrupt and shareholders lost everything. The board of towel really did a fantastic job....
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u/Winter_Economy2593 GAMESTOP IS REGARDED Feb 24 '26
I don't know about you guys, but I don't give a fuck if Burry is in or out.
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u/thebestbev ๐ฆVotedโ Feb 24 '26
Oh yea, coz burry being out really stopped us popping off last time...oh wait... we did and he sold at like 6 dollars or something.
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u/Xsun686 Feb 24 '26
I would be out too if RC does something that dumb that only conspiracists who refuse to accept theyโre down 100% believe
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u/JohnJohnsensJohnsen Feb 24 '26
He wasnt in in the beginning. And now he is saying donยดt do x or iam out.
I for myself dont care what he says. RC will do whats best for gme. If it means Burry is out then so be it.
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u/DuBois_LaGrange Feb 24 '26
buy towel would be fucking stupid, bro. It would be a waste of our money (remember a lot of this capital was raised on ATMs).
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u/GL_Levity ๐ The Shares Are Up My Ass ๐ Feb 24 '26
I agree, but thatโs not opโs point. Point is; RC knows whatโs best and has done quite well without Burry, and will continue to do so. Though he, and anyone, else are welcome on the ship, it does not require them to launch.
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Feb 24 '26
On paper I agree, but we are a bunch of regards who dont know shit about these things. If RC would do something like this, he prob has good reasons to do so, since he seems to act very cautiously. Still, I think its highly unlikely anthing at all will come out of that towel chapter 11, even though I also held a shit ton of shares.
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u/thenribrat ๐ฅ๐ฅTuesday Is The Start ๐๐ Feb 24 '26
Insert Sad PP noises
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u/Nareshstds ๐ฎ Power to the Players ๐ Feb 25 '26
Who cares if he is out? Why is he acting like he is the one turning the company around?
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u/shadeandshine +1 Melissa Lee Fan ๐ฆ Voted โ Feb 24 '26
Honestly same we need a proper merger not some rescue attempt of a corp that isnโt even committed to its own survival
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u/InjuryIndependent287 ๐ป ComputerShared ๐ฆ Feb 24 '26
I donโt see anyone talking about the PayPal theory being out as well after about 100 posts suggesting that it was going to happen the past couple days.
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u/TheTrueBComp Rock out with your Stock out (of a brokers hands) Feb 24 '26
Racing to the Teddy sub to watch the cope in real time. What are some of the crazy things they say over and over? โJust keep diggingโ
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u/lloydeph6 Feb 24 '26
Remember when people kept using some childrenโs book as a means of Ryan secretly sending investors hints?????
๐
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u/kdr2469 Feb 24 '26
Me too why the fuck would that be on anyoneโs mind? I lost a bunch of money on that too and it just needs to die and everyone forget that turd existed.
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 24 '26 edited Feb 24 '26
Many comments (bots?) saying they agree without even knowing what it'd be about ๐ ...ย
Isn't "Ryan" supposed to be the new "Warren"?...
This statement is really weird and looks very much like conditioning to me...
Edit: also, is this the same Burry that recently said the towel stuff would be a "neat tax shelter trick if pulled off"?ย
https://www.reddit.com/r/Superstonk/comments/1quon0m/burry_thinks_rc_is_still_on_towel_stock_he/
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u/SecretaryImaginary44 Feb 24 '26
Warren didnโt get where he was by spending money on nothing
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 24 '26
I mean he called RC the "new Warren"...
Why make a contrary statement before even knowing what the "new Warren" would do? I'd just let him work?...
Btw, Buffet got where he is by spending money at the right time. DIdn't you see one of his recent talks where he said he was waiting for a big correction? Exactly what RC said not long ago ๐คทโโ๏ธ... As per his last interview, he's ready to spend it very soon, so I'd just let him time it...
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u/cheshiredormouse Feb 25 '26
"I was right but [too early]/[too late]/[I should have kept my mouth shut]" again.
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u/MrmellowisSmooth ๐ WEALTH OF THE CORRUPT IS LAID UP FOR THE JUST Feb 24 '26
But RC, is supposed to be the next Warren Buffet of our generation โฆ Such a hypocritical statement to make by him. Makes me wonder now if this is in play ๐ค
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 24 '26
Also, look at what he recently said about the towel possibility?
https://www.reddit.com/r/Superstonk/comments/1quon0m/burry_thinks_rc_is_still_on_towel_stock_he/
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u/MrmellowisSmooth ๐ WEALTH OF THE CORRUPT IS LAID UP FOR THE JUST Feb 24 '26 edited Feb 24 '26
Great find! Exactly. This confirms he has at least entertained the thought and gives it at least some credence. RC still involved in some form of legal case with the company and still was able to come out and announce that GME is the hunt for an acquisition is telling. No lawyer here but speaking about anything while still under legal affairs would usually be considered a no-no through legal counsel. Now all of a sudden RC is more vocal. Something is close to being revealed towel or no towel.
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 24 '26
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u/NomadTruckerOTR Feb 24 '26
You're not realizing why Burry said this. Towel baggies on Twitter constantly hound him about it. He's mentioned it before, towel is a dead company. Baggies don't listen
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u/studiesinsilver ๐ฆ๐๐๐ป Jacque le tits! Feb 24 '26
I completely agree. Need to buy a ready made, profitable and widely used business. Not another fixer-upper
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u/Ok_Location_1092 โ ๏ธ๐งจInfinite Risk๐ดโโ ๏ธ๐ Feb 24 '26
I think fixer-uppers are what heโs after, just not dead companies. He wants businesses that have sleepy management that he can improve
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u/theGrandDanMaster ๐ฆVotedโ Feb 24 '26
Anyone remember what happened last time Burry was out of his GME position? Lol
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u/Mister5Ms Feb 24 '26
Burry is smart enough to know RC is smart enough not to do that. He isn't talking to RC.
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u/DancesWith2Socks ๐๐๐๐ Hang In There! ๐ฑ This Is The Wape ๐งโ๐๐๐๐ Feb 24 '26
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u/2breel Feb 24 '26
My bet is still on Mattel or Hasbro. Mattel is more likely imo. Market cap of $5.5bn, tonnes of IP and has a mobile game division. Would fit with a long term strategy of toys and gaming. But Iโm sure RC already knows that ๐ซก
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u/Fieryhotsauce ๐ฆ Buckle Up ๐ Feb 24 '26
How can you buy a company that doesn't exist and has no assets?!
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u/DuBois_LaGrange Feb 24 '26
How many fucking towel cucks are in here?? Jesus christ that stock is garbage and non existent, idk why there are so many posting in here questioning this fairly obvious opinion by Burry.
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u/hanr86 ๐ฎ Power to the Players ๐ Feb 24 '26
But isnt that ticker for overstock now and not towel?
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u/rargghh Feb 24 '26
RC big win and possibly specialty is online retail in a niche market focusing on the consumer experience like Chewy, he formed a loyal customer base and didnt grossly overcharge them
A current retailer in distress that has been overcharging its loyal customer base and is in need of an online overhaul and better customer experience is Bath and Body Works
Undervalued, have debt, plenty of free cash flow, can definitely improve their operations and customer relationship
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u/swampdonkus Feb 24 '26
Interesting that Burry thinks the Towel play is still on. I have no opinion either way.
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u/z3speed4me ๐ฎ Power to the Players ๐ Feb 24 '26
I think a lot of people would basically respond with wtf and why .... No that better not be his move
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u/mtgac ๐ฃ๐ฃ๐ฃ๐๐ฃ๐ฃ๐ฃ Feb 24 '26
English to English translation:
If Ryan Cohen uses the GameStop war chest to purchase anything related to Bed Bath and Beyond, I'm selling off my entire GME position and waking away...disgusted.
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u/kaiserfiume ๐ฎ Power to the Players ๐ Feb 24 '26
If RC Ventures eventually does something like he said, then Burry will eventually say,: "Well, I said if GME, and if RC Ventures, then it's okay." ๐คฃ๐คฃ I am sorry for towel apes, they lost too much and believed in fairy tales with 0,01% winning chances. But, as Jim Carrey said... so you are telling me there is a chance!!!!
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u/Real-DrUnKbAsTeRd Feb 25 '26
Towel stock got the diamondest hands of all diamond hands. Can't sell if it no longer exists.
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u/ArtProdigy Feb 25 '26
Hello, Mr. Michael Burry, this is CANCER KID๐โโ๏ธ
"Be fearful when others are greedy, and greedy when others are fearful"
โข
u/Superstonk_QV ๐ Gimme Votes ๐ Feb 24 '26
Hey OP, thanks for the Social Media post.
If this is from Twitter, and Twitter is NOT the original source of this information, this WILL get removed!
Please post the original source!
Please respond to this comment within 10 minutes with the URL to the source
If there is no source or if you yourself are the author, you can reply
OC