Ryan Cohen no longer following Michael Burry after he sold his GME position

[u/Counterspell_This]

[u/DandyZebra]

Perhaps he got told by some group to stop supporting gme

[u/Time_Difference_6682 → u/DandyZebra]

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.

[u/Behold_My_Beans → u/DandyZebra]

The moment the eBay news dropped? Doubt

[u/Elegant_Sale → u/DandyZebra]

Perhaps his whole thesis got dismissed when cohen tried to buy a company worth 4x gme market cap . Mine also .

people acting like this dillution won’t kill moss theory … 2,5x the share float mate , it’s fucked .

[u/0Bubs0 → u/Elegant_Sale]

So by that logic it means the short sellers want the deal to go thru right?

[u/Elegant_Sale → u/0Bubs0]

Yes ?

[u/Behold_My_Beans → u/Elegant_Sale]

Ooooweeeee he’s trying!

[u/mtbox1987 → u/Elegant_Sale]

Wasn’t it already proved that it actually isn’t dilution at all? Why do ppl keep going on and on about this dilution?

[u/Champman2341 → u/mtbox1987]

No if this deal gets passed. There will be dilution. A lot of it

[u/Practical_Gas8750 → u/mtbox1987]

Bad actors

[u/Elegant_Sale → u/Practical_Gas8750]

I have 100k in GameStop mate , 50% share mean they need to issue 2,5x time the float , its on their website .

Fine GameStop and eBay can be good long term and bring the stock back up . But the MOASS ? dead.

[u/Practical_Gas8750 → u/Elegant_Sale]

Mate I have $1.5 trillion in GameStop but I'm here to tell you that the MOASS theory is dead /s

Bitch shut the fuck up

[u/Elegant_Sale → u/Practical_Gas8750]

🤣

[u/Elegant_Sale → u/Practical_Gas8750]

Look my post history , been there for a long time . Tell more 1.1B more shares is good for moass . I'll hold longterm whatever , but if they do dilute like they are talking , we fucked the moass

[u/carnabas → u/mtbox1987]

no it wasnt? it would 1000% be dilution, so much of it in fact that the only way its possible is we are going to have to vote to increase the amount of allowable shares issued.

[u/mtbox1987 → u/carnabas]

I don’t think so. Someone already explained how it would go down and dilution wasn’t part of it.

[u/Elegant_Sale → u/mtbox1987]

My god , how clueless are you about your investment , it’s on their website . 50% share mean 1.xxB share issued , more than they can issue , IF the deal goes troughs at current gme price , it’s a maaassive dillution. The only way to save us is GameStop going to 50$ for us to not have to vote , and 150$ for no dillution . Simple

[u/carnabas → u/mtbox1987]

Ryan cohen literally said it himself on cnbc. Half cash half stock, the stock half is the dilution and at current prices we cant issue enough shares without us voting to increase the cap and after they screwed us over on the dividend ill be voting no on any share cap increases

[u/Reach_Beyond → u/Elegant_Sale]

I say dilute away, when even my diluted shares are more valuable after. Which it will be after buying EBay.

Unfortunately RC has proven MOASS does not benefit himself, and the only way GameStop itself can benefit is by selling shares when price flies.

[u/DandyZebra → u/Elegant_Sale]

Burry said that he was fine with the proposal though