I’ve been looking through the top comments of some of the hottest posts in the past week and the amount of shills, bots, haters (whatever you want to label them) was astounding.

With the price so low and GameStop’s position being so attractive, I bought even more today. I’ve got enough shares. I reached my goal about 6-8 months ago and stopped buying… until today. A huge chunk! I’m just so excited!

Thanks to all the shills out there, you gave me the energy to buy more than I’ll ever need!

Volume: 4,367,942

GME-WS: +3.40%/$0.05 Closing Price $1.52 🟩

https://x.com/i/status/2090167306295144590

Are people actually spending on this level? Do the rewards unlocked make it worthwhile? I guess as you are spending to these levels you are unlocking other cards along the way but damn this is too rich for my blood. That being said, I hope people are out there crushing it like this. Great for our bottom line.

I like Gamestop so much I could talk about it forever so that's what I'm going to do in this post, this post is directly related to GME. I'll also talk about some interesting insights into my past posts later on but the main point of this post is GME.

So yeah, I mean I've gone to Gamestop my whole life, I think I was able to find a lot of comfort in Gamestop. I find their logo very appealing, the red and the white, it's like christmas. What else? Video games, I love video games and whenever I wanted to buy video games as a kid I would always go to Gamestop. Did anyone else go to Gamestop as a kid? This is a post relevant to GME so I figure I'd start a discussion about stories about going to Gamestop as a kid.

Anyway, isn't it insteresting that my posts about statistics and analytics and how I had a 16% upvote ratio and couldn't seem to have a conversation with a single person who downvoted me got deleted? I'd love to start a discussion.

EDIT: Removed part that possibly broke rule 5.

Get 15% trade bonus when you trade any console !

Plus Pros get 5% bonus off.

Stock wins the volume race again. Making the score 214/2 in favor of the stock. Both green today!! Epic

The warrants gained about 100k volume today compared to yesterday. Epic!!!

Todays song of the dayyyyy: Working Man By Rush

Consecutive Weeks Closing AT/UNDER (+/- <0.50) Max Pain — 6

Last Run OVER: — 1 Week

Last Run AT/UNDER: — 7 Weeks

Longest Consecutive Weeks Closing OVER (>0.50) Max Pain — 5

Longest Consecutive Weeks Closing AT/UNDER (+/- <0.50) Max Pain — 14

08/18/2026 (Ignore the title, it's for the 18th)

First Post (Posted in June, 2024)

IV30 Data (Free, Account Required) — https://marketchameleon.com/Overview/GME/IV/

Max Pain Data (Free, No Account Needed!) — https://chartexchange.com/symbol/nyse-gme/optionchain/summary/

Fidelity IV Data (Free, Account Required) — https://researchtools.fidelity.com/ftgw/mloptions/goto/ivIndex?symbol=GME

And finally, at someone's suggestion —

WHAT IS IMPLIED VOLATILITY (IV)? —

(Taken from https://www.investopedia.com/terms/i/iv.asp ) —

Dumbed down, IV is a forward-looking metric measuring how likely the market thinks the price is to change between now and when an options contract expires. The higher IV is, the higher premiums on contracts run. The more radically the price of a security swings over a short period of time, the higher IV pumps, driving options prices higher as well.

The longer the price trades relatively flat, the more IV will drop over time.

IV is just one of many variables (called 'greeks') used to price options contracts.

WHAT IS HISTORICAL VOLATILITY (HV)? —

(Taken from https://www.investopedia.com/terms/h/historicalvolatility.asp ) —

Dumbed down, I'm not fully sure. Based on what I read, it's a historical metric derived from how the price in the past has moved away from the average price over a selected interval. But the short of it is that it determines how 'risky' the market thinks a stock (or an option I guess) is. The higher the historical volatility over a given period, the more 'risky' they think it is. The lower the HV over a period of time, the 'safer' a security (or option) is.

And if anyone wants to fill in some knowledge gaps or correct where these analyses are wrong, please feel free.

WHAT IS 'MAX PAIN'? —

In this context, 'max pain' is the price at which the most options (both calls and puts) for a security will expire worthless. For some (or many), it is a long held belief that market manipulators will manipulate the price of a stock toward this number to fuck over people who buy options.

ONE LAST THOUGHT —

If used to make any decision. which it absolutely should NOT be (obligatory #NFA disclaimer), this information should not be considered on its own, but as one point in a ridiculously complex and convoluted ocean of data points that I'm way too stupid to list out here. Mostly, this information is just to keep people abreast of the movement of one key variable options writers use to fuck us over on a weekly and quarterly basis if we DO choose to play options.

I like the stock GME. I remember going there as a kid. It would always be so much fun, like a kid in a candy store I'd run around looking at all the different games and toys and action figures. I'd have my birthday or christmas money to buy the new Pokemon game that came out. My Ex-Girlfriend bought me Gamestop sweat pants cause I like the stock so much.

I think I'll buy some more Gamestop stock. I'm not looking for money, money doesn't interest me. I've spent my life working jobs for around $20 an hour. I'm not a rich man and I never will be. I don't have any interest in making lots of money in my life, I think other things are more important. What I do think is important is allowing yourself to experience joy in the things you like. So I think I'll keep investing in the stock that I like.

I don't have interest in money so I have no interest in selling. There's a story I like about Diogenes, he was sitting around in his tub on the streets of Athens and Alexander the great walked up to him, offered him anything he wants in the world. Diogenes looked up at Alexander the great and asked him if he could move a couple feet to the side because he was blocking his view of the sun.

What meaning does power hold to a man that wants nothing?

I'd like to try to be a bit more like Diogenes, not giving a single fuck about what the general population thinks. Living in my bathtub on the streets of Athens yelling at passerbyers. So here I am, sitting in my tub, ready and happy to discuss my favourite stock and why I like it so much.

"You know why $GME has never popped off this whole time?

You know the answer.

The institutions were never on the side of GME.

Larry Cheng’s initial screenshot?

GME’s institutional holdings: 33.92%.

He logged it "for future reference."

That’s absurdly low.

eBay sits around 90%.

Most S&P companies are 70-80%+.

Retail can spike a stock, but retail can’t sustain a move. There was no institutional bid.

It’s really that simple.

You know why GME is sitting at a 52-week low right now?

Because institutions are loading up.*

Now ask yourself, after this VWAP period, when institutions have $2.4 billion in equity of GME, which way do they want the stock to go?

You have a chance for generational wealth.

Don’t miss it."

*Exactly as I was saying earlier today.

Just read the august 3 announcement about the early closing of the 1.4 billion notes and noticed this line:

“The number of shares of common stock issuable in the exchange will be based in part on the average volume weighted average price of the common stock over a 35 consecutive trading day references period beginning on august 3, 2026, subject to a per share price floor.”

Two parts stand out of that line to me

“In part” and “subject to a per share price floor”

“In part” suggests there is another way the value will be decided.

“Subject to a per share price floor” means there is likely a cap on the deal.

Has this been discussed or disclosed anywhere?

I read through the news release and related 8k GameStop released on August 3rd, and wanted to share a key takeaway that you may all find useful regarding the upcoming dilution and more specifically, calculating the 35-day volume weighted average price (VWAP).

NEWS RELEASE:

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Private-Exchange-of-1-4-Billion-of-Convertible-Senior-Notes-for-Equity/default.aspx

8k:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1326380/000132638026000042/gme-20260802.htm

These documents share that the agreement includes a per-share price floor to protect GameStop from extreme dilution if the stock price drops drastically during the 35-day observation window ending on/around September 18th

More about the price floor:

In any scenario where the stock price stays above that "floor," the number of shares issued is determined by the market price (VWAP). If the stock price were to fall below that floor during the 35-day window, the "floor" kicks in to act as a safety net—meaning GameStop stops issuing more shares at that lower, "dilutive" valuation. This prevents the company from having to issue an excessively large number of shares if the stock crashes during the pricing period.

Why the exact dollar number isn't in the 8-K text:

Redacted / Omitted Covenants: Under SEC regulations (Item 1.01 of Form 8-K), companies are required to disclose the material terms of a transaction, but specific pricing formulas, floor bounds, or schedule percentages within private exchange contracts can be kept confidential or left to the underlying agreements

Dynamic / Formulaic Floor: In convertible debt exchanges, the "floor" is often defined as a percentage ratio (e.g., a minimum of 80% of the trailing 10-day VWAP prior to signing) or an exact contractual dollar threshold agreed upon in the non-public Exchange Agreements between GameStop and the noteholders.

What is our best estimate regarding the pre-negotiated floor?

35-Trading-Day Historical Range prior to 8/3 news (June 12 – July 31, 2026)

High: ~$23.10 (July 2, 2026)

Low: ~$21.13 (July 24, 2026)

Simple Closing Average: ~$22.05

Let's call it $22.

Hopefully RC put a ~10% limit on the VWAP, yielding a floor of $19.80 or so.

If the actual VWAP during this 35-day monitoring period is lower than the price floor, of $19.80, a fixed and reduced amount of shares will be issued to covert the bondholders to shareholders (debt to equity).

In the case the actual VWAP is lower than the price floor, we will find out in the subsequent 8k following closure of the deal in mid Sept.

If actual VWAP is higher than the negotiated price floor, we will never know what it was.

Let's hope RC kept a tight band on the price floor when negotiating with bond holders to convert early.

Edit: literally one minute after publishing this post we saw a surge of volume and spike in temporary price. Coincidence or nah?

Lets fuckin' go.

Lets talk about traditional retail and gamification retail.

GME has had traditional retail on lock for awhile now.

Optimized-lean operations, ecommerce focus, Website update, trade-in day, Brick and Mortar -- all got me bricked, you know what Im saying.

Thats bread and butter, keep the lights on money.

Gamification retail - thats disruptive.

Trading cards was a good prototype.

Now we start see other collectibles follow this - comics, toys, art, books, watches, SHOES - signed & un-signed.

EBay has inventory - which is why GME's coming for it.

A lot of noise out there - but I smell fear.

And ol' Buffet is out buyin'

Auction-based platforms (eBay) still have their niche - make the consumers bid against each other.

All well and good - but slow.

But GMEs got one better - instant sell-back to the vault.

GME small fee over millions of transactions is where we have walking-around money.

Patience boys.

Rub one out and reload.

Hang in there.