u/PauPauRui

▲ 1 r/RoaringKittyStocks+1 crossposts

GME down again

Another low for GME. Closed at 21.61 with a 47 cents loss for the day.

Even with a good day gme can't make money. Almost everything went up today.

To the moon?????

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u/PauPauRui — 9 days ago

GME institutional value

Here's the current GME institutional ownership breakdown: Overall ownership Institutions: 35.07% | Insiders: 22.30% | Retail: 42.63% (wallstreetzen)

Top institutional holders Institution % Value

Vanguard 8.52% $1.01B (wallstreetzen)

BlackRock 7.87% $936M (wallstreetzen)

State Street 2.78% $331M (wallstreetzen)

Geode Capital 1.64% $195M (wallstreetzen)

Norges Bank 0.89% $106M (wallstreetzen)

Invesco 0.82% $97M (wallstreetzen)

Susquehanna 0.79% $94M (wallstreetzen)

Vanguard and BlackRock are the big two, as expected. The 35% institutional level is notably low vs. peers like BBY (~89%) — retail still dominates GME's float.

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u/PauPauRui — 11 days ago
▲ 0 r/RoaringKittyStocks+1 crossposts

Cohen is a fucking snake

Wearing his fucking leather jacket and avoiding the real questions. GME WILL TURN YOUR SHARES TO SHIT. SShareholders will fund the ebay purchase and lose everything. Never forget bad bath and beyond dirty deal.

reddit.com
u/PauPauRui — 11 days ago
▲ 5 r/RoaringKittyStocks+1 crossposts

GME losing money today

So GME is down over a dollar today because sentiment is negative.

Doubts about the eBay acquisition financing.

Multiple outlets report that GameStop’s bid relies on “highly confident” letters rather than committed capital, which is making investors nervous.

reddit.com
u/PauPauRui — 12 days ago

Popeyes in Cinnaminson NJ

I really like Popeyes, but I know it's bad for me, so I only have it once a month. So once a month, I have my treat all by myself.

Normally, I go to the Popeyes in Cinnaminson, but I noticed that the soda machine hasn't worked for the last 3 or 4 times I went. So for the last 4 months, it hasn't worked.

This was never an issue for me but this last time it pissed me off that the machine is always broken. So, I went up to the counter and asked for a free refill and immediately I was told that I would have to pay an extra 50 cents for a refill because the drinks behind the counter are different. I dont care about the 50 cents but i wanted to make a point that the machine is always broken and the reason they are doing it is so they don't have to give you refills.

The guy did give me a refill at no charge, but he told me it was a one-time only. I think he missed my point, and if they don't want people to have the free refills, they should just take the machine away.

I'm posting this because I think it's time I give up Popeyes because it's bad for me and now disappointing too.

,

,

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u/PauPauRui — 16 days ago
▲ 9 r/A1ATrading+3 crossposts

Michael Burry letter - He is absolutely right.

"Regarding GME: Hypothetical my solution may be, yet it is remarkable how a scalpel can be used differently than a meat cleaver. The reason I put so much thought into my structure.was not to make ir complicated. I wanted to avoid dilution and recourse debt, and I felt Ryan would want to maximize his ownership of the combined entity. I also was interested in preserving NOLs. All while achieving similar post deal EBITDA to more debt heavy, dilutive approaches.

As well, I took the challenge as breaking new ground and revolutionizing capital markets strategy at face value.

Perhaps I just thought it was obvious that maximizing function while minimizing blood loss ,and recovery time would be the goal.

What is happening instead makes perfect sense. Ryan is following the incentives before him. His compensation package by focusing on incentivizes on market cap and EBITDA obvious incentivized 10x dilution of shareholders while guaranteeing that in that event, he would mostly be kept whole.

While most GME bulls are taking this as that 100B market cap is a 10x type of incentive for shareholders, Ryan is proving the opposite. The whole structure, if done twice, gets him a stake 10x more valuable by diluting shareholders 10x. His proposal is almost halfway. By done twice, I mean he would do eBay then do a similar trick again.

Ryan is promising huge cost cuts and massive jumps in profitability. This also makes sense. It is the Wall Street playbook. If eBay doubles its EBIT margin of 20% to 40%z, it would be on par with Meta and 50% better than Alphabet.

But it will would not get eBay to a spot where it could pay off the debt in a few years, as Ryan is promising.

The debt level needed to get this deal done would likely take 7-10 years to pay down and even then only if all capital was directed to such a task.

My solution would have broken new ground and would have required a CEO in full control of its board to ignore the incentives in his new pay package. Makes perfect sense that did not happen.

It almost never happens. Which is why Warren Buffett is so respected."

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u/PauPauRui — 16 days ago