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GameStop Preparing Offer for eBay

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Re: GameStop Preparing Offer for eBay

#41

Post by Triphibian »

weard_beard wrote: post #26
applfanboysbgon wrote: post #4

> 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.

The attention stunts were a strategy toward finding profitability for the core GME business model. This is significantly different, in line with a strategy that seems to have been in place since he became CEO of Gamestop. This appears to be an attempt to take over eBay the same way he took over Gamestop by acquiring a 51% controlling interest with capital he will raise by further diluting the value of Gamestop shares…

I remember showing up to buy a new Call of Duty game on release day, back when physical was the only way to buy games and seeing tons of people with boxes full of old games and consoles. I realized then that GameStop's differentiation from other retailers was that it was also a kind of pawn shop.

Re: GameStop Preparing Offer for eBay

#43

Post by phendrenad2 »

Probably a good time to scrape eBay and collect all of the seller ratings in a big Excel file before GameStop knows what's happening. There will be a market for an EBay that isn't pushing you to buy Pokemon cards or Funko Pops every 5 seconds, but you need that list.

Re: GameStop Preparing Offer for eBay

#44

Post by sheepscreek »

applfanboysbgon wrote: post #8
iknowSFR wrote: post #7

Earlier quoted context omitted.

Maybe but we have a recent sample of Paramount ($12b) acquiring WB ($62b).

That would be more accurately described as Larry Ellison (~$200b) acquiring WB.

Who gave it in writing that he can back the deal if need be.

Re: GameStop Preparing Offer for eBay

#45

Post by esseph »

c-c-c-c-c wrote: post #20
Esophagus4 wrote: post #6

Earlier quoted context omitted.

I’ve searched the net to find the example, but I remember this happening during the dot com era too… Some unknown tiny company made an offer to takeover Yahoo (or some similar company)… the tiny company made headlines for a moment then disappeared again. It was an example of dot com silliness. Can’t for the life of me remember, and Google can’t seem to either.

Similar to when koenigsegg attempted to purchase saab, it can be a great way to get publicity.

> saab

I really loved my 9-3 turbo...

Re: GameStop Preparing Offer for eBay

#47

Post by v4dm »

Forgeties79 wrote: post #40
v4dm wrote: post #19

Earlier quoted context omitted.

[flagged]

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…

[flagged]

Re: GameStop Preparing Offer for eBay

#48

Post by qingcharles »

neilv wrote: post #29

Whatever 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.

Re: GameStop Preparing Offer for eBay

#49

Post by thrwaway55 »

v4dm wrote: post #46
theshackleford wrote: post #30

Earlier 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?

[flagged]

Oh come on now, you know you are arguing in bad faith. Explain how the BTC in anyway synergized and drove value for anything GME did. MSTR has a BTC leverage angle that GME has never had so it's not even an apt comparison.

Re: GameStop Preparing Offer for eBay

#50

Post by sieabahlpark »

aurareturn wrote: post #18
iknowSFR wrote: post #7

Earlier quoted context omitted.

Maybe but we have a recent sample of Paramount ($12b) acquiring WB ($62b).

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…

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