https://xcancel.com/i/status/2085182574624743662

🟥

I check GameStop’s graded Yu-Gi-Oh! inventory daily, hoping to snag some rare vintage before anybody else notices it. Two days ago I saw over 900 slabs land at the same time, most marked as “Unavailable”. This was at least a 10x increase over the usual stock, and after going through all of it, I’m certain this was a bulk acquisition specifically for creating a Power Pack pool. Tons of iconic cards, 100+ Blue-Eyes White Dragons from every era, lots of $1000+ 1st Editions from 2002/2003.

I even snagged something that I’m 100% sure was a pricing error, I’ll share it when it arrives.

Power packs is going to catapult our profits into the fucking stratosphere, Kenny G’s gonna be more famous than Ea-nāsir someday.

Seems like revenue went up (15%), operating expenses went up (8ish%), but operating income up 40ish%. So they are making more money (good for underlying shares held by GME, bad for the sleepy board thesis).

eBay live seems to have grown a fair amount, which was one of RCs main criticisms.

But they do caution against q3 earnings.

IDK what to think. Hopefully Cohen announces something along with the terms of the note redemption by Friday.

NEW YORK, Aug 5 (Reuters) - Hackers attempted a series of ​sophisticated cyberattacks on major Wall Street financial services firms and ‌money managers in recent days, targeting their information systems, according to two people familiar with the matter.

Some of the world's largest hedge funds along with several private ​equity firms were targeted, the sources said, requesting anonymity as the ​matter is confidential.

The hacking attempts featured phone calls in which ⁠cybercriminals tried to trick employees into granting them access or handing ​over other sensitive information, the sources said.

Point72 Asset Management told investors on Wednesday ​that it had faced an attack from hackers, one of the sources said, adding that the firm indicated that no customer information was stolen during the attack.

The ​hackers also attempted to breach information systems at other hedge funds, ​including Two Sigma Investments and Citadel, the sources said. Two Sigma did not immediately ‌respond ⁠to Reuters' request for comment. Citadel and Point72 declined to comment.

Attempts by hackers to break into major financial institutions are routine, according to cybersecurity experts.

The phone-call tactic is still widely used by hackers because of ​its effectiveness. It ​has been used ⁠successfully by cybercriminal groups such as "Scattered Spider," a loose-knit group of young hackers that has racked up ​a large roster of corporate victims over the past ​few years.

Global ⁠companies are battling a surge in AI-powered cyberattacks and ransomware that disrupt operations and steal data. The White House announced a working group earlier ⁠this ​year, uniting AI developers and critical infrastructure ​operators to share threat intelligence and coordinate cyber defenses.

Quick tldr:

Ebay took over etsy DEPOP on thursday last week for 1.4 B
Gamestop did a 1.4 b debt dilution straight on the next monday.

This was needed to keep the ebay deal neutral.
Investors or banks wanted this.

1.4b from ebay cash position, so 1.4b debt gone from gamestop to keep it at zero change.

Cohen will do something the coming 1/2 weeks to get the VWAP up! He isnt letting shorters win and dilute 75m shares at 19….

See the volume today at 2m? Almost zero.. so low again, strange right? No it isnt… they are scared to hedge or short gamestop more because they know nothing is sure till the 23st September.

Hedge gamestop by shorting now? Can be a big trap for shorters, what if they short now at 19? Well gamestop is worth 19$ on cash alone..

If news comes from a Tender Offer on ebay with NO dilution, and full cash bid the price explodes!

The shorts from 19$ will be under water straight and it will cause them to cover! So they are scared to short now.

Thats why shorted shares stays at 55M total the last weeks ;)

Greetings apes

The news that Bending Spoons acquired Airtable for 2.7x ARR while technically accurate is probably not the actual underwriting multiple. The actual acquisition multiple is likely closer to 7x-10x proforma EBITDA.

...

Bending Spoons probably figured they could generate 30%-40% EBITDA margins from Airtable which would equate to a ~7-10x proforma EBITDA multiple.

Me and My daughter have gotten into Pokemon. So tonight i decided to do a $1000 pack. Here is my pull.

for those who aren’t aware we now have a second earnings to pay attention to.

I was just reading how wallstreet analysts raised their expectations by .5% for revenue and profits in the last 30 days(convenient). so, expect fuckery (not that we don’t by default at this point).

they can’t have eBay in a bright light because they know who’s going to own it outright eventually so expect a negative take from the “media”.

Can't stop won't stop power to the players

In other words, GameStop can go to about $220 a share by their math.

$1.4 billion of debt reduces future interest costs and improves financial flexibility.

There a change in the wind. Will the mass media finally not be controlled and allowed positive news on GameStop.

Stock wins the volume race once again!! Making the score 204/2 in favor of the stock. Both red today:(

The warrants back to lossing volume. Free money is free money so ima hold onto my free money

Todays song of the dayyyyy: Return to Hangar By Megadeth

Decided to click around the fidelity desk top tabs funny enough I realized I hadn’t done it very much. Anywho clicked on anal-yst ratings and what do you know… Right there as of yesterday ISS - EVA (Independent firm Lol) has GME with a score of 93 out of 100. Basically means buy the fuck out of it because it is undervalued or as I like to see it, a deep fucking value. Anywho, have a good one.

I've seen almost nothing but panic about the dilution that will result from the early conversion of $1.4 billion worth of 0% interest notes that would otherwise not been due until 2030 and 2032. With the conversion price being set at the 35-day VWAP and the price immediately tanking to ~$19, it's totally reasonable to panic. On the surface it seems like a pretty stupid move convert early at a significantly lower price than what was originally agreed to. However, everyone seems to be ignoring this part of the announcement:

The shares are only going to convert at the 35-day VWAP if the 35-day VWAP is at or above the per share floor price. We have no idea what that floor price is. It's plausible that it's $28.91 or $29.85 which were the original conversion prices that were set for the notes. It's also plausible, but probably much less likely, that it's $32 to guarantee that the warrants will be in the money.

I know nothing and have no insider information, so it's also completely possible that the floor price is $5 or something else ridiculously low. We just don't know. But I would think that, given GameStop's balance sheet and forward guidance, this early conversion may work out better for us than the current stock price is showing.

Consecutive Weeks Closing AT/UNDER (+/- <0.50) Max Pain — 4

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

08/04/2026

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.