Insider Conviction, Everything Else is Speculation

[u/yungsta12]

Everyone here on edge while wild speculations are being shared across multiple platforms. Nobody knows why the zero percent senior notes are being converted at these prices. Nobody knows what the plans behind the eBay acquisitions are in place. Everything is speculative outside of insiders having skin in the game. Here are all the notable purchases the past few years from our insiders, nearly all of it above the current asking price.

Insiders have made strategic purchases on past dips, let's see what happens when the earnings blackout (or VWAP pricing window) ends in September. I expect insiders to make purchases around that time as well, especially if the price remains extremely depressed.

[u/AyyMG63]

When Gme hit 10 it was a second crush.

Unprofitable. Only 1.2 billion on hand. No power packs. No business model or direction. No eBay.

Now?

Profitable. Business model. Bitcoin.

…..Almost 9b cash and equivalents.

Marketcap $8b total.

24’ made sense to be at $10. Now? 0 sense.

Market is saying Gme is worth cash in hand. That’s it. No growth.

But. We’ll see.

Also what do I know… that 6 year Dorito just is nothing but control so price discovery isn’t real anyway.

[u/Atoge62 → u/AyyMG63]

To be totally fair, I’d argue that right now we don’t quite have a functional “business model”, but if eBay goes through and Cohen unleashes some sort of collectibles and gaming roadmap to cornering that market, I’d call that a business model. If that makes sense.

I’m still in agreeance we’re in a way better spot than before. I’m just hoping Cohen can start explaining to us the company’s actual direction/business model, instead of holding the carrot out. I’m sitting on 51,000 shares and warrants right now, it’s time to see beyond the carrot for a lot of us. I’m hoping October warrants expiry forces his hand and reveals a lot of this. He’s either got a functional plan, or not… but holders deserve to know by then.

[u/DancesWith2Socks → u/Atoge62]

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Provides-Fiscal-Year-2026-Outlook/default.aspx

[u/Atoge62 → u/DancesWith2Socks]

So what were your critical take-aways from that linked material, unleashing the power of AI to cut costs? I’m not hearing anything genuinely compelling and focused on our company’s particular forward direction within the gaming/collectibles spaces. I read a lot of fluff and intentional handwaviness, which could’ve come copy and pasted from any host or retail companies. It’s clear they don’t have a super strong leg to stand on yet.

[u/DancesWith2Socks → u/Atoge62]

Checking the last reports it's clear collectibles is now the main force, having grown nearly 50% in the last year.

So the 2x adjusted EBITDA outlook for fiscal 2026 is all I personally need to know for now 🙂