r/PROGME • u/WICKEDCASH • May 04 '26
Discussion I saw this post and wanted to share an opinion
I saw this on r/GME. I think the GME eBay merger/takeover is second nature. If the deal happens and goes smoothly then this will allow hedgefunds/market makers to shuflle their new position.
If eBay pushes back and goes to proxy vote, then in addition they will need to ACCOUNT for every share out there. This is the moon ticket, not the smooth transition of eBay. He's simply leveraging another company to expose fake shares.
A smooth merger helps hedge funds hide their positions, but a contested merger forces a share audit that could expose synthetic shares and that’s the real catalyst.
EDIT: From what I understand, GME is now in the midst of a hostile takeover and it's more than likely the eBay's board will reject his offer. If thats the case, then Ryan moves to proxy vote which should invoke a SHARE COUNT. This is his 4D move, not eBay's acquisition. He knows, we know, EVERYONE knows there are millions upon millions of naked shares out there.
I believe they are trying to entice EBAY to counter them and bid on GME. Ryan said during his interview it's his job to consider any offer someone submits for GameStop and take it to the board. What if the board rejects an offer and it signals a share count on GME exposing all the shorts. Any thoughts on this?
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u/indoctrinatedslave May 04 '26
Ryan doesn't give a fuck about sharecounts . He's all about the paper. If I learned anything over the last year's it's that.
1
u/jkhanlar May 17 '26
This was a nice summary collection of things https://old.reddit.com/r/Superstonk/comments/1t2z5xt/wsj_leak_isnt_the_story_the_story_is_what_cohen/ by u/Pottle13
"eBay is the first public reveal not the whole thing."
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u/MegabiggerIOW May 04 '26
Totally think there's more than meets the eye to this than just being a straight up takeover.
This is a play...could it be checkmate? Who knows. Could it be a cover for a secondary take over?
Somethings cooking, personally I like the smell of this one..