Why the delay? Let's see..
This is a picture of how usually price moves, not accurate bit all other quarters generally just a spike except for Q1, I believe we are going to repeat the pattern of late April 2024, where GME went low then spiked high instead of the 2025 where price build up before earnings. Why? here is a few reasons (my opinion not facts):
@ Non binding offer to Ebay means not written in stone, more like a prophecy, many speculated oh not enough money since GME price is low, but remember this is a non binding agreement and the tone he gave in the interview of how ebay going to ask their over paid analysts to give a generic answer was a signal that they were going to reject it. BUT even if they didn't reject it, I believe Ryan would of asked to wait for Q1 results
@ Q1 results going to be very very interesting, powerpacks online was in beta and people speculated for q4 release instead it was released for Q1 results, a bit late but still officially launched, I believe Q1 earnings is important to result in huge price movement of GME price, more store closure results (store closed on q4 usually reported in q1 or q2 finalized) and other restructuring, will Ryan submit a binding offer after Q1? NO, I believe he will do it AFTER the annual vote
@ Why the delay? usually after Q1 earnings we get the annual vote, but it's been pushed out, why? as stated before it's because if they didn't then Q1 results won't be "digested", markets need time to digest earnings and RC needs time before the annual vote to cook up some legal documents for binding agreement and final result of the deal (especially if GME price is high) if institutions hold most of ebay this can be convincing and more better for gme holders if price went up which will look less dilution.
TIN FOIL @ June 16 2026 is bank of Japan meeting of interest rate and its very interesting (this is Roaringkitty tin foil from cryptic picture on his return of live stream) the part that is interesting is that have been delaying the interest rate of 0.75% to 1% for the past few meetings, why? what's the delay when many forecast 1%, were they asked to delay it or were they hesitant? I believe the people doing the yen carry trade are in deep waters and trying to find a way out, why? Japanese 10 year bond at ATH (all time high) of 2.75%, 30 year of 4%, while USA bonds are hitting 4% and 5% respectively, bonds are just not sexy at the moment while the stock is flying in colors, the theory I personally believe is the bond market controls all, it determines who go bankruptcy, who fails and who succeeds, therefore there will be a shift from stock to bond some day like it always has been.
obviously my unreasonable biased thinking hopes that it spikes over 32 then warrants push the red button and it just zooms to where after the annual vote the 2.5 bil authorization to utilize weapons to deploy (again it's just authorization to the berkshire play where they always like to be % ready to make moves when it comes to it since currently we are like 74% used up in shares), I mean look at the history, I don't get why people are afraid of ATM offering when it resulted positively, we aren't using the cash for debt or paying off over paid executive or maintaining unprofitable stores, have trust in RC otherwise I don't even understand why you invested in gamestop (obviously the option holders hates it be this ain't no casino)
YES IYKYK
