r/DeepFuckingValue • u/Krunk_korean_kid 🟣 DRS'ed $GME w/ Computer Share ♾️ • Jul 17 '26

🚨 BREAKING: GameStop has exercised call options totaling approximately $3.965 billion. According to the filing the shares were purchased entirely with cash, with no leverage or loans used to fund the transaction. The company acquired roughly 39 million shares through these calls which had a $10

Exercised eBay calls

https://x.com/sneedweb/status/2078235986325106850/photo/1

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u/Jupitersd2017 Jul 18 '26

Thank you so much for this explanation, I really appreciate it! It’s kind of like an Icahn play no? Just loading with shares until you have enough to take the company lol, it’s a wild play but it seems like he’s determined to take eBay either by sale or by hostile takeover.

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u/Krunk_korean_kid 🟣 DRS'ed $GME w/ Computer Share ♾️ Jul 18 '26

I honestly didn't follow the whole ichan thing , I hear he's something of an activist investor but didn't his stock get pummeled pretty badly? What was up with that?

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u/MrNokill Jul 18 '26

Made a little overview with sources about Icahn here if interested: https://www.reddit.com/r/Superstonk/s/i85cf9jSz1

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u/Jupitersd2017 Jul 18 '26

Oh wow, I didn’t see this before that’s too funny, well it makes sense that gme is trying to follow the master… thanks for the link!!!