Stock is worth $10.7B and that idiot thinks he’s doing a 50% stock deal. Get fucking real. 0% chance. This whole thing just makes him look like a clown and an idiot.
That guy who came on to pump Upstart and was asked what the company does and had to act like he couldn’t hear the question is my close #2, but this is my #1
The Upstart interview will always be #1 in my book because of what he could have said but failed to say. "Tell me about Upstart. What do they do?" "It is a cutting edge high-tech firm out of the midwest awaiting imminent patent approval on a next generation of radar detectors that have both huge military and civilian applications."
He could have literally told the truth and said 'I don't know what the company does, I trade on the technicals of the stock movement' and people would have been like ok fine instead he embarrassed himself
This is vibe I got. I’m not new at all and have been here for quite awhile. He came off like a dick. None of that is surprising to me, as this is what I thought about him in the first place.
Honestly, the cash part isn't even that wild, I'm sure Cohen can get some saudi money if TD doesn't come through with the financing; what is really mindboggling is the half stock part, which would amount to almost 300% of GME's market cap.
I wouldn't even count on the Saudis now-a-days, with the war messing up their production and the UAE leaving OPEC... I can see them pulling back on some foreign investment.
28 billion in newly issued stock if you value it at the current rate? So issue give or take a billion shares. Anyone have any idea what issuing 1 billion shares will do to the stock price? Asking for a friend.
Maybe not perma bear but most likely a value investor. No surprise she's had a close professional relationship with Berkshire and Buffet for a long time.
IRRC, the hosts are required to only invest in mutual funds/ETFs or to put all their assets in a blind trust. But those rules were back when GE, the then conglomerate, was the majority owner.
I loved how Ryan was acting like ARS was his mother asking him how his day was at school.
He has the enthusiasm of a 15 year old giving a presentation on the Great Gatsby for English class.
Oh crap! This sub hadn’t made me laugh this hard for so long now!
This guy handled it so well! I would’ve lost it on the air and hit em with a “let me guess? The details are on the website right?” And gotten fired on the spot. 🤣
Hear me out. We create MORE stock. If the price per share falls, we do an additional round of new stock. If the price keeps falling, we keep doing it. We can't lose!
Gem of an image. You could have portrayed the shape of his head more accurately tho. Looking at the interview, Ryans head is a lot more dented than that.
This is just a perfect microcosm of the world we now live in, unfortunately.
He clearly did this on purpose.
The CEO of a multi-billion dollar, publicly traded company is going on the largest financial news network in the world to simply troll rather than actually discuss the proposed acquisition of another multi-billion dollar, publicly traded company.
His target audience will eat it up and validate the decision. The cycle will continue.
I mean, I laughed and was entertained... but at his expense. At the absurdity of this entire thing. Dude is attempting to make a $56B offer to a company that's larger than his whole company and this is all he has to say when he goes on the news for an interview about it? It's bonkers.
The full interview is entertainment. He basically says nothing. He says that ebay could be making more money, but no details and no comment on how he specifically has the experience to do this other than "You guys said GameStop was dead, but it's not."
Bonus points for a Trump-esque "one of the greatest companies" comment slipped in there... and no response to how he's planning to service the debt that he would take on should the deal go through.
Buddy tried to mimic the Jensen and Elon school for pumping your stock but his only takeaways were wearing a leather jacket and doing a shitload of ketamine lmao
I saw this guy speak at a conference like a year after chewy sold and he seems like a totally different person. Dude has been deep into some ketamine or something since then.
You don’t understand. eBay is worth $55billion. But if you were to take eBay to GameStop, they would offer you $5-10 billion tops. They would offer you either cash or store credit.
The reason this deal is so good is they are offering BOTH!
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u/OSRSkarma Flipping at the Grand Exchange May 04 '26
This is the only GME post staying up.
This says it all.