> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
GameStop Preparing Offer for eBay
51–60 of 81 posts
Re: GameStop Preparing Offer for eBay
#52Earlier quoted context omitted.
Mate with all due respect, you need to do a cursory search before getting so indignant and claiming people are trolling. Look up cohen/gamestop/crypto. The information is ready available. You also asked a question while being opaque about how you have some knowledge/thoughts on this. This now all feels like it was bait to tee up an opportunity to grind an axe. Have a good weekend. Not interested in participating in t…
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Re: GameStop Preparing Offer for eBay
#53Earlier quoted context omitted.
Maybe but we have a recent sample of Paramount ($12b) acquiring WB ($62b).
In that case though Paramount offloaded 25% to foreign wealth funds and had Larry Ellison willing to provide guarantee on(according to google) almost $50b of debt. Ryan Cohen is rich but he's not that rich.
Re: GameStop Preparing Offer for eBay
#54Re: GameStop Preparing Offer for eBay
#55Whatever you do, don't break eBay. I love eBay, for both buying and selling used items that are viable to ship. We let CraigsList get broken, with seemingly much fewer sellers and buyers than it used to have. I tried Facebook Marketplace, which is where most local buyers&sellers seemed to move to. But I won't install their app, and the notification emails only sometimes came through. (One buyer became very irate when…
If only eBay would fix their search. In the old days the search modifiers actually did what you think they should do. It's been broken for over 20 years now.
The main thing I dislike about eBay search is all the sponsored placements violating the sorting order. For example, if you sort on increasing price, sponsored placements not in the specified sorting order litter that heavily, making it hard to follow. Amazon searches have the same problem. (Problem, from the perspective of buyer-on-the-marketplace.)
The other thing I dislike about both eBay and Amazon searches is the spamming of huge numbers of listings for essentially the same item. I notice it more on Amazon than eBay.
Re: GameStop Preparing Offer for eBay
#56Earlier quoted context omitted.
> are you trolling? Are you? https://finance.yahoo.com/markets/crypto/articles/gamestop-d... You sound quite defensive. Are you a GME bagholder?
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This is in bad faith. You said “GameStop has no crypto, are you trolling?” You were presented with refuting evidence. Now you’re shifting the goal posts.
Re: GameStop Preparing Offer for eBay
#57> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
Put another way, if you think this is fake you could make a lot of money. Because that would mean GameStop is de facto offering the market a free put on its own and eBay’s stock.
Re: GameStop Preparing Offer for eBay
#58Earlier quoted context omitted.
Besides the Larry Ellison, Trump, and Middle East backing, Paramount and WB's businesses have synergy. Gamestop and eBay have no synergy. Gamestop can't possibly run eBay better than eBay's current management. It's a meme stock looking to make noise so they can get a higher stock price, and then unload their shares onto the public market to raise cash. GME has 3x'ed their shares outstanding since Covid. https://www.m…
They have deep synergies in the collectibles market. There's a Venn diagram with eBay on one side and Gamestop on the other, and cultural characters like Logan Paul with his $16m Pokemon card right in the intersection. This is a big market getting bigger. Americans have more spending money than ever before, especially at the top end, and the collectibles market is expected to grow as much as 7% y/y for a long time. T…
Collectibles is tiny market for eBay. They sell mostly mass produced goods and random used things.
Re: GameStop Preparing Offer for eBay
#59Earlier quoted context omitted.
Besides the Larry Ellison, Trump, and Middle East backing, Paramount and WB's businesses have synergy. Gamestop and eBay have no synergy. Gamestop can't possibly run eBay better than eBay's current management. It's a meme stock looking to make noise so they can get a higher stock price, and then unload their shares onto the public market to raise cash. GME has 3x'ed their shares outstanding since Covid. https://www.m…
They have deep synergies in the collectibles market. There's a Venn diagram with eBay on one side and Gamestop on the other, and cultural characters like Logan Paul with his $16m Pokemon card right in the intersection. This is a big market getting bigger. Americans have more spending money than ever before, especially at the top end, and the collectibles market is expected to grow as much as 7% y/y for a long time. T…
WHAT?
> especially at the top end
Ahh, that's the correct identifier.
It's an extremely K-shaped economy.
Re: GameStop Preparing Offer for eBay
#60Whatever you do, don't break eBay. I love eBay, for both buying and selling used items that are viable to ship. We let CraigsList get broken, with seemingly much fewer sellers and buyers than it used to have. I tried Facebook Marketplace, which is where most local buyers&sellers seemed to move to. But I won't install their app, and the notification emails only sometimes came through. (One buyer became very irate when…
Deals like this benefit nobody but shareholders (in the short term) and lenders. The workers at the companies get laid off, consumers get worse products, and the odds of bankruptcy spike. Leveraged buyouts seem like a net negative to society.