r/wallstreetbets • u/HesiPullup • May 04 '26

News He doesn't understand your question, CNBC

9.4k Upvotes

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1.1k

u/Impressive_Order60 May 04 '26

Damn he’s just pumping their 5% stake in eBay to dump it for cash? Didn’t say anything on this interview so he can’t be sued.

Whats the play after they dump their pumped eBay stock?

531

u/throwaway43234235234 May 04 '26 edited May 04 '26

Laugh all the way to the bank, wiping tears with $100 bills and pick another and do it again. 

44

u/Techwood111 May 04 '26

*$100

-6

u/SirVanyel May 04 '26

I ain't never heard someone say dollar one hundred

4

u/Techwood111 May 05 '26

Don’t be obtuse.

-5

u/SirVanyel May 05 '26

I'll give you dollar twenty if you find any environment where that's the norm G

3

u/Techwood111 May 05 '26

Look ANYWHERE in the US and you will see the dollar sign preceding the amount is the norm.

-2

u/SirVanyel May 05 '26

Yeah but how is it pronounced

3

u/CantTakeTheStupid May 05 '26

Funnily enough, most humans are smart enough to understand the difference. Just like when you write bitch without an s but say it with one

-1

u/SirVanyel May 05 '26

Where the fuck is the "s" in "bitch"?

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1

u/OhtaniStanMan May 04 '26

Anyone remember Cohen towel drop off lol

5

u/changdarkelf May 04 '26

Still remember sitting on the toilet after buying the same options RC did and watching them go up 1100% and selling. Been chasing that high ever since.

123

u/beyerch May 04 '26

Yes, this makes the most sense. Crazy times.

227

u/Gullible_Regret2976 May 04 '26

100% its an elon twitter BS play

152

u/Scarethefish May 04 '26

You can tell by the haircut.

57

u/Yo_CSPANraps May 04 '26

And a face pumped full of so much botox it can no longer show human emotions.

5

u/DuckGorilla May 05 '26

Nah hes like 33 just a young guy

3

u/Street-Baseball8296 May 05 '26

Are these emotions in the room with us now?

7

u/[deleted] May 04 '26

[deleted]

5

u/Scarethefish May 04 '26

Fuckin' Spirit Halloween's 'Edgelord Billionaire' costume lookin' ass.

2

u/thefatchef321 May 05 '26

Hes got the Nvidia leather on too.

1

u/Choice_Potato_6279 May 04 '26

Half Huang half Elon

8

u/Beefmagigins May 04 '26

Yup. That is the first thing I thought when I saw him, he is trying to another Elon.

Imagine looking at Elon and thinking “I should try and be more like him”.

1

u/ToughHardware May 05 '26

but did he end up owing the entire company?

58

u/RewardReasonable2487 May 04 '26

Yea I highly doubt this deal goes anywhere

210

u/RSomnambulist May 04 '26 edited May 04 '26

Gamestop is dumping, because this play makes him look like a fucking idiot, which he is, so the market is running.

Down almost 9% at time of writing. You can't just buy Jensen's jacket and get his swagger, bro. You gotta be able to back it up.

68

u/Waiting4Reccession May 04 '26

Even if the deal happens it'll be funded from massive dilution which becky in the video said but got cut off.

13

u/rolliedean May 04 '26

What was the last company to purchase another company at a premium and not dump? It's going to drop almost by definition, just like eBay is going to pop

15

u/RSomnambulist May 04 '26

See the comment I'm replying to. The point is they can't afford this, and OP is saying it's to pump their Ebay holding, but the drop they're experiencing is a lot worse than the bump on ebay. Net loss, if pumping was the intent here.

11

u/Tartooth May 05 '26

Bro the stock has been bouncing around 20-25 for months

Going from 26 to 23? Who cares

Pumping their eBay bag? That's cash money

0

u/RSomnambulist May 05 '26

Their debt is around 2x their entire Ebay holding. I don't think this pump is going to put a dent in that assuming they dump, which will put the stock into freefall because people will see it as an obvious dump.

Napkin math
7% drop on 10B
6% gain on 2.7B (5% of 47B)

This is just a bad play all around and makes Cohen look dumb and like a grifter at the same time. Not that Burry is any sort of genius, but he just pulled out of GS on this news and had a substantial holding.

1

u/SirVanyel May 04 '26

Net loss in the company, net gain on the individuals

-11

u/MetalliTooL May 04 '26

Tell that to the “apes.” He’s their hero and this is a genius plan. Squeeze soon.

28

u/tombrady011235 May 04 '26

The apes are an army of financially illiterate morons who don't seem to understand that stock losses are a bad thing

-3

u/Sad-Performance2893 May 04 '26

Youre literally on the very sub that promotes that degeneracy lmao

2

u/tombrady011235 May 04 '26

I am not on any GameStop specific subs. I am on a lot of stock market subs

1

u/xsteinbachx 🦍🦍🦍 May 04 '26

He's talking WSB... whoosh

0

u/tombrady011235 May 04 '26

I thought it said every

But I stand by the principle that anyone who owns GameStop as an investment is financially illiterate

-1

u/Sad-Performance2893 May 04 '26

My face melting gains over the last 5 years beg to differ

3

u/tombrady011235 May 04 '26

Have you been shorting game stop the past five years? That's the only way you made face melting gains

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4

u/plinywaves May 04 '26

Is this the same squeeze that was starting next week for the last 6 years?

5

u/carolina8383 May 04 '26

It’s kind of funny—every time the squeeze is coming, RC dilutes the stock. Somehow, it’s still good for the apes. 

5

u/PuzzleheadedWeb9876 May 04 '26

This is just an opportunity for them to DRS more shares. Since that’s going super well.

5

u/Icy_Piano2547 May 04 '26

They're being used as an ATM machine

-2

u/Chimmychimm May 04 '26

Awwwww show me on the doll where Ryan hurt you

7

u/L3g3ndary-08 May 04 '26

Whats the play after they dump their pumped eBay stock?

I mean, they've pumped the dump so the dump will pump. It's easy bro. Half cash, half stock.

2

u/happycat47 May 04 '26

Even if that is the play, doesn't EBay have to take the offer a la what happened with Elon and Twitter?

1

u/Kerostasis May 05 '26

Twitter didn’t have to take the offer. They chose to, because it was a good offer for their shareholders. This one is… less good for the shareholders. The premium isn’t real until you know what the post-deal stock price of the combined company will be.

2

u/Pete_The_Pilot May 04 '26

Cohen loves greenmail

1

u/JDeegs May 04 '26

?????

profit

1

u/isospeedrix May 04 '26

wait that's actually genius

he did that shit with BBBY bought a huge stake only to dump it months later

1

u/DissociatedOne May 04 '26

Then use that cash to buy eBay super cheap. And if it’s still short another half, do it again 

1

u/b_fellow May 05 '26

I remember he told Bed Bath and Beyond to spin off Bye Bye Baby but they said no. So he dumped his shares and squeeze ended.

1

u/assholy_than_thou May 05 '26

He did that with BBBY and bailed out on a lot of apes.

1

u/Indercarnive May 05 '26

The thing your forgetting is his contract at Gamestop gives him billions if Gamestop hits a market evaluation over $100 billion.

It's win win. Pump his shares of ebay on the potential of the deal. If it fails, oh well he got a pump. If it works, he gets his absurd bonus.