Okay. I will out myself. I am holding $GME because of one reason. I still believe in MOASS. I don’t care if you don’t. I don’t care if you think there’s a 10 year plan and you are only betting on @ryancohen operationally. I truly believe that there is a short against GME the size of the federal reserve. They got their hands caught in the cookie jar. I will never comprehend why a billionaire who just sold his company would want to jump right into a dying retailer stock for no reason. He used to talk about short selling constantly. BCG / the storm troopers, etc. Multiple big banks were getting cascade margin called in 2021. They couldn’t deliver shares so they shut the stock off and created their own price. They haven’t stopped since. RC raised cash so that they couldn’t stop him anymore. @TheRoaringKitty posted memes, that when watched in reverse, lay out a very specific path to MOASS in movie format. And a lot of those things have come to fruition. I believe that his last posts were an algo test to see how the algos would respond to his posts. He wasn’t hacked. The battle scenes at the end of the movie is where we are at now. There’s about 6 battles. It ends with Thor ending half of all life. It’s quite the production, if you haven’t seen it. Worth the watch. My points are simple. There are only two things left. Either RC created all these counterparties that are destroying the price because he’s one of them. Or he’s one of us. We will find out soon. If warrants print, he’s the white knight. If not, he’s one of them. There’s literally no reason to do all of these things that would clearly destroy the price during the warrant period - which are hedge fund gifts. Unless it was a setup. It’s the only thing that makes sense. MOASS or bust. Tomorrow.

Unfortunately, my bad behaviors got me blocked by @foxenflask However, I do want to respectfully respond. If your thesis is correct, then why did @ryancohen agree to hand over an extra $350m in cash and 7m extra shares over the face value of the notes? Don’t you think it would have benefited the shareholders and company more to use that cash to buy shares, instead of killing 1/3 of the notes, for seemingly no reason? That’s still sort of my contention with all of this stuff. Did he do that to set up a squeeze? Or is he just clicking random buttons? Because if you don’t think he’s setting up a squeeze (my assumption based on the no share buyback thesis), why aren’t you furious that he gave away that cash and those shares? It’s an honest question. You are suggesting that he isn’t buying shares in order to preserve cash. But he just retired a note with zero short term obligation using $350m and an extra 7m in shares over face. You would have to explain why he did that for your logic to make any sense. Also, almost every model in the universe used to value a company would suggest significantly higher valuations than where we are now, so I am not sure what you are using to model? Just an opinion? Can you do a fair value analysis and surface your modeling logic? If he wanted more cash, he could have spent $350m in buybacks and the stock would have ripped, instead of the notes exchange complete destruction of price. Imagine if there was no VWAP, we had 4 board members buy, and then a $350m buy back happened. Guess what? $GME would be getting $1.9b in cash back and rewarding its holders. So effectively, based on your thesis, there is far more dilution, the holders get rewarded less, and the company has way less cash, given the route RC is going - using your logic - than if he didn’t exchange the notes. What are your thoughts?

Now we wait for 8pm Sunday.

Can we get the most historic and defiant 🔴 to 🟢 day in market history? 🙏🙏

Gamestoooooooooooooopppppp!!!!!

Friday Fraud. Not a bad day for an ASR @ryancohen $GME

Seriously though, when do you guys think MOASS will be? Right answers only.

Shorts. Never. Closed. Ryan Cohen put it best: Why does it seem that everyone in the mainstream media want GameStop to fail? I will help you with this one. They are paid shills. The market isn’t real. The media is used to provide liquidity and leverage to their algorithms in order to control the entire market. Their day is coming. This guy below doesn’t believe that there are naked shorts. These people get very upset about it. I don’t know why. That’s an okay thesis. The evidence doesn’t really exist on the surface. But why the rage? Did you even really try to understand why people believe the theory with evidence that seemingly doesn’t exist? Do you want to know why it doesn’t exist? Because no charges were ever even contemplated by the SEC against Citadel for the 2021 saga. As a market maker, the allegations should be simple. Citadel conspired with RH to manipulate the market and save their company from getting margin called by eliminating the ability for the public to buy the stock as they suppressed the price freely. Did you know that @Citadel and @RobinhoodApp had extensive communications during the climax? As well as other firms? And did you know that RH execs referred to the Citadel situation as a total mess? Did you know that a text leaked where a RH executive texted Citadel executives “we are on board” on the evening of Jan. 25th of the saga? Just two trading days before they pulled the buy button? Your questions should be simple: Why was Citadel a total mess if they didn’t have a massive short interest they couldn’t control? Why didn’t the @SECGov run a full investigation into Citadel’s market manipulation and payment for order flow / $GME exposure after these comms surfaced? How did the market short 140% of common stock without naked exposure? Why do you think the judge, who had extremely limited discovery on the case - and dismissed on other merits, specifically said that the “conspiracy theory” (that Citadel forced RH’s hand and forced them to turn off the buy button) was actually conceivable, but you do not? Why hasn’t RH made all the comms with Citadel surrounding the saga completely public and allowed for an independent investigation if the only comms were about pricing of payment for order flow (their claim)? Why hasn’t @vladtenev taken the time to answer the questions specifically surrounding the known communications / coordination that RH had with Citadel and why his executive called Citadel a “total mess?” Here is the exact chat: “Anecdotal evidence that several ‘very large’ firms are having really bad nights too.” “everyone is. you wouldnt believe the convo we had with Citadel. total mess.” Why were large firms having such a bad night? Don’t we know their exposure levels? These “large firms” trade trillions of dollars a week. How could they not collectively absorb a $30b run, if the exposure was what was publicly known? And, lastly, can you show me on the chart when and how they could have possibly closed these positions? Simple questions. I look forward to your answers, mate. Until then, GME seems to be trading up quite a bit. Wonder why 🤔 Maybe MOASS is tomorrow?

The warrant FUD is real. But are we missing something? Here is my question and it’s simple. Why did @ryancohen create warrants in the first place? He gave $GME holders the option to buy GME stock at $32. Okay, cool. Why? In what scenario does this help GME or its holders? If the stock doesn’t reach the strike price, then nothing happens. RC loses some credibility and wasted a bunch of time and effort. If they reach, let’s say, $35, what happens? Nothing, actually - if you compare the warrant vs. non warrant situation economically. It’s actually a little annoying. For those that held the warrants, they can either cash in their $3 warrants or pony up for $32 per warrant for the stock. So most won’t even exercise. They will sell the warrants or exchange for current shares. The same economic gain would have happened regardless, if there was no warrant, because the warrants will dilute the stock and net $0 in economic gains. If the stock reaches $64, then maybe everyone exercises because you can do it without ponying up. But $64 is pretty far away. Is there something hidden we are missing? There really has to be. For something this well thought out and for $GME to shed off some notes with such urgency - 1.5 months prior to warrant expiration, it appears to be a planned squeeze. However, I don’t see the warrants forcing a squeeze under these conditions. In order to force a squeeze, you really would need everyone to exercise in unison. So here is some warrant tinfoil for the evening. What would happen if RC changed the exercise price to $0? Now that would be a problem that no one saw coming. Every holder would exercise, instantly. The warrant price would immediately match the share price, which would also violently spike. Brokers would have to deliver 69m shares, that they surely do not have. And it would all be perfectly legal and completely unstoppable. As everyone FUDs the GME warrants, perhaps consider that they are the single most powerful instrument on the stock market, right now. There are not too many securities in the world that a company can completely, and legally, control their value with a pen. The warrants are the ignition to MOASS. And of course, MOASS is tomorrow. Sleep tight.

These crypto shills will not stop. Just to be clear, in this video she asks him if it’s cocaine and he says methamphetamine, denying cocaine. In the same logic, he would be denying crypto and saying he deals memes. There. I connected the dots for you. Stop trying to grift people into your silly bags. RK was a conservative value investor. Just because Reddit piled on, doesn’t mean he was investing in trash. His email led @michaeljburry into investing. Most likely, an email or one of his videos led @ryancohen into $GME also. The snowball that ensued was not RK’s doing. And you’re right. No one knows what RK was doing from 2021-2024… I presume value investing, because that’s what he does. Maybe someone staked him. He did say that there was two of them. But if you’re implying he was deeply into crypto, then I would simply ask, why wouldn’t he have used his little platform to send a coin to the 10s of billions? Why would he wait until now? He could have done it the entire time. Keep connecting those dots. MOASS is tomorrow. That’s the only dots you need to know about.

If you think $24.50 is a battle, just imagine what the war for $32 is going to be like.

The party hasn’t even started yet.

Imagine knowing that a company’s chart looks like this and trying to use its chart to try and figure out what it’s going to do next. Charting is astrology. It’s worthless. Especially for $GME Conviction is all that matters. 💎🙌 Your chart has no idea that MOASS is tomorrow.

Looks like someone was buying hefty share blocks again today. I predicted @ryancohen would buy a second time, but I got the date wrong. I also predicted he would buy $500m worth of shares before the warrants expire. His time is limited to execute this (window closes Oct 23rd). If he bought again today, $GME will be world news by the morning. If it was @TheRoaringKitty MOASS will literally be tomorrow 🍻

The true value of $GME … It’s not a simple calculation. What is @gamestop anyways? Their 10Q describes two distinct strategies: Their legacy retail business + capital allocation. The turnaround of $GME under @ryancohen doesn’t just prove that GameStop is a viable business, it proves that given, even the worst companies in dying industries, solid business principles prevail and this team can execute. The turnaround is nothing short of remarkable. Almost miracle territory. It’s becoming a mini Berkshire Hathaway. So let’s reverse engineer $BRK.A to come up with a valuation. In order to value their capital allocation, you wouldn’t value their already allocated capital, you would value the amount of capital they could obtain and likely deploy (like a VC fund). GME could easily, without affecting too much of its balance sheet or selling stock, deploy $12b into the market with $5b in cash and $7b in debt. If they target companies with ~10 P/E ratios and high SG&A, we would give GME a “look through” P/E of around 20x as a capital allocator. That means, any dollar they deploy, the market would assign 2x in valuation towards. Why? Because that’s already the proven model, estimated conservatively. Therefore, you could look at GME as a capital allocation fund with $12b in buying power and consider their potential cash to be worth 2x is notional value. We are at $24b minus the $7b in debt to get there. $17b. Plus their cash in the bank, investments, etc. minus their debt. That brings us to around $25b. Plus their EBITDA multiple. I don’t care what they are estimating, their forward EBITDA is $1b all day. Given collectibles growth, a potential marketplace cooking in the background, and RC’s operating acumen, 20x feels light. That brings us to $45b fair market value. $80 / share. That’s where I’m at, today. MOASS is tomorrow though, so check back with me then.

I love that this is just the beginning. We aren’t even at Day 1 yet type of beginning. The warrants are literally called Project Genesis. This is just the preamble. MOASS hasn’t even started yet. It starts tomorrow.

Care to comment? @CGasparino $GME

Did @ryancohen push the red button? We are up today on low volume. $GME buy back happening in real time?