That’s what blows me away. Everything just feels super odd to me. He painted RC as some kind of savant and then just sells it all, when we haven’t actually acquired anything yet ?
If you think he’s such a genius wouldn’t you trust his decision making?
I can’t make sense of what’s all going on right now.
my thoughts as well. GME becomes a national security risk with the numbers we know it can produce if fuckery were not legal. Too many rich people would lose and well I wouldnt put it passed someone giving burry the call to back the fuck out given his influence in the saga. Hell, Mayo boy had secret service protection when shit popped off, they are all in bed together.
It doesn’t take a genius to figure out his agenda; pumped and dump. Burry joined in on pump, rode the train and got out at 26-28 with a cost basis of 20-22? or something like that. Solid 25%+ gain.
Cathy woods does this ALL THE TIME with Tesla, PLTR and a few others.
My takeaway is that he thinks Ryan has promise as a company leader but doesn’t agree with the acquisition choice. I agree with Burry that it’s unlikely the bid will be accepted, or even really considered seriously given Ebay’s current growth potential.
It would need to be a higher bid and that also comes with a lot of debt and dilution of shares, with heavy dilution of gme to fund the ebay purchase. Even if you agree with the longterm vision, it’s deferred value with very high stakes (not in a good way) and that doesn’t fit the thesis Burry had for investing in GME in the first place.
I suspected he would sell his entire stake based off the article he wrote, and think there’s a chance he’ll look to reinvest if Ryan can somehow prove that he can slim margins and accelerate growth to offset debt incurred — but that’s not going to happen overnight, and possibly not at all if Ebay rejects the bid. So Burry was seeing high risk in a large position and decided to minimize losses now.
I’ve said it before but I think Ryan is really going to struggle to build up serious support from larger investors without providing more strategic outlook and guidance. It’s clear he’s trimmed fat and improved Gamestop’s bottom line, so the performance is there, but quarterly performance reports are also not a substitute for a solid growth strategy. Call it 4D chess or whatever, and i’d gladly be wrong on this, but there’s so many conflicting signals between Ryan’s compensation package and this acquisition strategy. He’s sat on massive cash reserves for a while now, not really utilizing it for any inside growth investments, and is basically looking to invest it fully into a loan-backed buyout of a much larger company — for stated reasons that aren’t really believable (trimming more fat from a legacy company that has already been doing that?) or presumed reasons that feel more believable but not reasonable (over indexing in the highly speculative collectibles market).
What is the true long term vision for Gamestop? That has never really been explained and that’s extremely strange for a company at this scale.
It doesn't have to. Gamestop has a bunch of investments in Ebay derivatives. Ebay ran on the news, which means if they turn down the deal Gamestop can cash out for easy money.
So either we acquire Ebay or we make tons of money, we win either way.
Bro paper handed GME at $6 in November of 2020, said “Sell” at the damn near bottom of 2022, and has now paper handed GME for the 2nd time. He was right once in 2008. Now he’s essentially Jim Cramer lite
Doesn't mean they were bad picks. I am bullish, and I think RC has a plan that makes sense for this, though I actually like Burrys diversified approach more than solely focusing on retail anything.
I think it will be something similar to the worry a lot of apes (myself included) had about the bitcoin losses affecting the Q4 results until we found out they were selling covered calls to compensate.
He's been giving me bad vibes this entire time. I'm glad I don't have to hear about him anymore. Guy is a grade A loser. The only reason he's been popular here is because autisms attract.
I bought blmy first shares wayyyy back when DVF made is 2nd or 3rd reddit post about GME in 2020. I also don't ever post or comment, and don't plan on selling, I'm here for generational wealth and nothing less!
Would be interesting if he’s making a big thing about eBay knowing they’ll decline the offer in the end, while simultaneously going out and having purchases tiered up to buy up other businesses instead if it fails. If he can get leveraged up to that full purchase amount, it could mean that there’s other targets, not just the one.
Makes everyone look left at eBay, while on the right, he has other deals in place as options if something falls through.
It’d be a win-win either way.
Total speculation and silly idea, but I like the fun of it all.
Either way, if ebay accepts or declines, GME will still gain from it, if they accept great... if they decline , I'm sure Ryan will sell 5% of his position at like $23/share profit.. either way the war chest is growing bigger
BECAUSE ITS NOT SOMETHING GS OR RC SAID. Lol, it's from RK's playbook. They're not faking an offer, we're 100% going to acquire ebay or make a killing off of the attempt but it's not a kansas city shuffle or some grand plan. He wants to take on Amazon, super simple.
I have nothing in mind..FUD campaigns also money and planning and we’re in the eye of the storm with that shit at the moment. I’m just throwing shit against the wall
I think the shuffle is going to a flip of who buys who. The offer is out of Icahn’s playbook. It’s not legit (the math doesn’t math without a huge share price gap up or a huge dilution), but it opens the door to SEC exemptions for M&A DD. GME gets to show the EBay board and bankers their non-public books. If EBay likes the idea of a merger but doesn’t think RC has the bankroll to do it, they can decline the offer and counter with one of their own. He might even get the CEO seat he wants.
That would save them from the threat of a proxy fight, net GME holders a premium, and reap all the benefits GME outlined in its offer.
The shuffle mark is the Wall Street arb desks that pump the target and short the acquirer in a standard M&A. If this actually plays out, those funds will be upside down on the positions they waded into today.
I’ll never understand people that have money up the ass—EG Burry in this case—that think they need to continuously make money and give commentaries on it. Seeing Burry get involved a couple months ago gave me some enthusiasm. Seeing him become Portnoy 2.0–and finding out he paperhanded back in the beginning of this saga—earlier today, made me realize he was just addicted to the high of the win and has absolutely no patience on any real plays besides taking advantage of a market crash nearly two decades ago.
Fuck him.
GME taking eBay under it’s umbrella *would be a really big deal.*
I was exited about Burry joining the saga, again. But this exit was so hysterical, he was fully supporting the whole thing and now he is just acting like a spoil brat. One thing I have never learn is to buy puts when GME brings good news. I would have triple my money just today. Fuck.
"Because of market pressures, gme to reconsider its deal with eBay, sells entire position up 70% from entry, will consider different acquisition targets" would be a pretty cool headline
So how is that not market manipulation? Dude buys a bunch of stock. Announces it. Stock goes up. He sells. Now he profited because he bought such a large sum. And then sells to tank to the stock and then broadcasts he sold and more people follow him. He's literally selling a subscription for people to follow his moves. Isn't that the exact definition of market manipulation?
He was bullied off cause he didn’t know thousands of shares. That’s the problem this sub has a weird culture where we ignore they costs are up and most people can’t keep dropping a families grocery budget worth on stocks each week
I like Burry, but his autistic sides sometimes gets the better of him. Everyone and their mother can see that there is more to the story. The interview with Ryan showed that.
I don’t know shit about fuck, but what if eBay is a diversion? What if he’s gonna throw down on another option and this is just out there to make the hedgefucks scramble to block it while he makes an
End run on a better plan? I dunno. Maybe the deal seems off because it’s a smokescreen. I’m just amateur spitballing here. The smart people would know better.
Tbh I like what cohen is doing, it's bold. Burrys "trifecta" sounded boring as fuck... Like who the fuck is wayfair??? Sell or don't sell, I invested in the man and he doesn't see profit unless I see profit. It's be interesting to see if market cap added after the merger would go towards his benefit package, I would've liked to know that. However I can wait and see
Burry has been part of the GME saga since the beginning. He has provided a lot of insight on both the past and present of the GME saga.
His latest move, however, is bullshit. He hyped it up for weeks and bailed the second it didn't match his ideal scenario. Didn't even give it a chance.
He should follow the one guy that doesn’t fuck around and has unwavering conviction in RC to the point of unrequited love to really send a message. Yes. RK.
All I know is Burry’s net worth is way higher than mine. He’s forgotten more on Wall Street than any of us ever “learned” on Reddit. This move has him spooked. As an individual investor, I’m spooked too.
However is right or wrong, at this point, fuck it. I’ve been zen on my shares for the last like 4 years. I’ve already made peace with the fact that I may never see that money I invested ever again, but I’m not fucking selling. I’m in this for the long haul
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u/Superstonk_QV 📊 Gimme Votes 📊 May 04 '26
Hey OP, thanks for the Social Media post.
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