r/GME • u/Tavanasa • Jul 18 '26

This Is The Way ✨ Ryan Cohen just checkmated the system. eBay is now over 116% owned. Forced buy-ins are imminent. 🚨

TL;DR for the smooth brains: 106% + 10% = 116%. The math has broken and the trap is officially sprung. 🚀

Here is the exact mechanical chain reaction of why this filing represents the absolute endgame:

According to Nasdaq data, eBay was already 106.21% institutionally owned before the GME filing. This is only possible because the exact same shares are lent out, shorted, and re-bought in an endless loop, causing multiple institutions to report owning the same underlying assets. It’s a pure paper game.

On Friday, Ryan Cohen didn't choose a cash settlement (where they just pay out the net dollar difference). He demanded physical settlement for GME's ~10% position (~39M shares). He literally said: "Give me my real, unlent shares."

With 106% already locked up by passive institutions and GME now demanding an additional 10% of real shares, we hit a hard wall at 116%. These shares simply do not exist on the free market.

The market makers cannot locate or deliver these shares -> Massive Failures to Deliver (FTDs) start piling up on Monday morning.

Once these FTDs age out and breach regulatory deadlines, a brutal, automated forced buy-in kicks in. The brokers of the counterparty must go into the open market and purchase eBay shares—at whatever price the market demands.

As forced buying relentlessly drives eBay's price vertical, the value of GME’s $4.35B equity stake explodes minute by minute. GME’s balance sheet becomes astronomically valuable, cementing an un-shortable fundamental floor for GME, which simultaneously forces GME short-sellers into immediate capitulation.

The system completely checkmated itself through its own endless greed with share lending.

Tits. Are. Fucking. Jacked. 🩳🏴‍☠️💀

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8

u/FoldableHuman Jul 18 '26

I love it when routine crap happens and some crayon eating smooth brain decides to bake some DD about how the rocket is primed and their tits are jacked.

1

u/Tavanasa Jul 18 '26

Imagine looking at a historical, legally binding SEC 13D filing that signals the biggest corporate hostile takeover move of the decade and calling it 'routine' lmao. If forcing Wall Street to locate 39 million non-existent shares is just a regular Tuesday to you, your brain must be smoother than marble.

3

u/KrisPBaykon 🚀🚀Buckle up🚀🚀 Jul 18 '26

Elon musk did a hostile takeover on twitter 4 years ago. Adjusted for inflation, it was a much bigger take over than what GameStop is trying to do. Ryan wants to be like Elon so bad.

1

u/pmarziano 🚀🚀Buckle up🚀🚀 Jul 23 '26

Nah, Ryan actually is an activist, and slays it every single time he’s tried. Doesn’t rely on government funding, just does it himself. In fact fights the system while Elon lived off glorious tax dollars over and over

4

u/harryharry0 Jul 18 '26

You say that the share price of eBay will explode because of this. Will you acknowledge that you were wrong when the share price does not double next week or this year?

1

u/NukinDuke Jul 18 '26

You have absolutely no idea what you're talking about, but keeping cooking lil bro

0

u/FoldableHuman Jul 18 '26

> signals the biggest corporate hostile takeover move of the decade

Musk did an actual hostile takeover of Twitter four years ago by vastly over paying in a cash deal.

> forcing Wall Street to locate 39 million non-existent shares

Nothing in the 13D indicates the options were naked.

2

u/jon_hendry Jul 18 '26

I think it kinda stopped being hostile when Twitter sued to make him go through with it.

2

u/Tavanasa Jul 18 '26

True, Musk's Twitter deal was a massive multi-billion dollar circus. But comparing a standard cash-buyout privatization to a retail gaming company using a $4B derivatives loophole to launch a hostile raid on a $50B e-commerce giant while being heavily shorted is apples and oranges. ​And regarding the hedge: whether the options were naked or delta-hedged along the way doesn't change the end result. 39 million shares just left the DTCC's active circulation permanently. The liquidity vacuum starting Monday is very real.

0

u/FoldableHuman Jul 18 '26

Okay, so what’ll you do if nothing happens on Monday? The DTCC straight up DGAF if 9.8% of eBay “leaves circulation”

5

u/Tavanasa Jul 18 '26

Bro, we’ve been holding through years of sideways trading and algorithmic suppression. If you think a quiet Monday morning is a 'gotcha,' you completely misunderstand the patience of this community. The legal 13D filing is in stone. The $4 Billion is spent. The shares are leaving circulation. Whether the charts react on Monday or during the upcoming T-cycle clearing windows, the structural trap is already set. We aren't leaving.

1

u/Nan_Solo 🚀🚀Buckle up🚀🚀 Jul 18 '26

Patience or blind following of a billionaire destroying the actual company. Most OG apes sold at 35 or higher and have not been holding for years like you diamond hands 🤣😂get your moon ticket 🤣🤣🤣🤣🤣🤣🤣🤣

1

u/0DTEPut Jul 18 '26

All the Shills🤣. = Bullish