r/Superstonk

I’ve been looking through the top comments of some of the hottest posts in the past week and the amount of shills, bots, haters (whatever you want to label them) was astounding.

With the price so low and GameStop’s position being so attractive, I bought even more today. I’ve got enough shares. I reached my goal about 6-8 months ago and stopped buying… until today. A huge chunk! I’m just so excited!

Thanks to all the shills out there, you gave me the energy to buy more than I’ll ever need!

https://preview.redd.it/7e9btl8svdkh1.png?width=907&format=png&auto=webp&s=c1cd5c780ba9805e618c6e90f27cc2e26a7f8d7e

Are people actually spending on this level? Do the rewards unlocked make it worthwhile? I guess as you are spending to these levels you are unlocking other cards along the way but damn this is too rich for my blood. That being said, I hope people are out there crushing it like this. Great for our bottom line.

I like the stock GME. I remember going there as a kid. It would always be so much fun, like a kid in a candy store I'd run around looking at all the different games and toys and action figures. I'd have my birthday or christmas money to buy the new Pokemon game that came out. My Ex-Girlfriend bought me Gamestop sweat pants cause I like the stock so much.

I think I'll buy some more Gamestop stock. I'm not looking for money, money doesn't interest me. I've spent my life working jobs for around $20 an hour. I'm not a rich man and I never will be. I don't have any interest in making lots of money in my life, I think other things are more important. What I do think is important is allowing yourself to experience joy in the things you like. So I think I'll keep investing in the stock that I like.

I don't have interest in money so I have no interest in selling. There's a story I like about Diogenes, he was sitting around in his tub on the streets of Athens and Alexander the great walked up to him, offered him anything he wants in the world. Diogenes looked up at Alexander the great and asked him if he could move a couple feet to the side because he was blocking his view of the sun.

What meaning does power hold to a man that wants nothing?

I'd like to try to be a bit more like Diogenes, not giving a single fuck about what the general population thinks. Living in my bathtub on the streets of Athens yelling at passerbyers. So here I am, sitting in my tub, ready and happy to discuss my favourite stock and why I like it so much.

I like Gamestop so much I could talk about it forever so that's what I'm going to do in this post, this post is directly related to GME. I'll also talk about some interesting insights into my past posts later on but the main point of this post is GME.

So yeah, I mean I've gone to Gamestop my whole life, I think I was able to find a lot of comfort in Gamestop. I find their logo very appealing, the red and the white, it's like christmas. What else? Video games, I love video games and whenever I wanted to buy video games as a kid I would always go to Gamestop. Did anyone else go to Gamestop as a kid? This is a post relevant to GME so I figure I'd start a discussion about stories about going to Gamestop as a kid.

Anyway, isn't it insteresting that my posts about statistics and analytics and how I had a 16% upvote ratio and couldn't seem to have a conversation with a single person who downvoted me got deleted? I'd love to start a discussion.

EDIT: Removed part that possibly broke rule 5.

Ok, I had a thought...

We're assuming the VWAP conversion and floor price will be low based on the current price action. What if the current price action is pure fugazi? What if this is truly the last stand to have retail capitulate before the REAL PRICE is finally revealed?

For example, you want early redemption? Ok $29/share while it's trading at $18 on the mock market.

We'll see what happens.

Edit: The downvotes in this sub now tells me exactly what I need to know. The weeds are sown among the wheat, hold strong my friends, these vipers are coming in hot lately.

I read through the news release and related 8k GameStop released on August 3rd, and wanted to share a key takeaway that you may all find useful regarding the upcoming dilution and more specifically, calculating the 35-day volume weighted average price (VWAP).

NEWS RELEASE:

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Private-Exchange-of-1-4-Billion-of-Convertible-Senior-Notes-for-Equity/default.aspx

8k:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1326380/000132638026000042/gme-20260802.htm

These documents share that the agreement includes a per-share price floor to protect GameStop from extreme dilution if the stock price drops drastically during the 35-day observation window ending on/around September 18th

More about the price floor:

In any scenario where the stock price stays above that "floor," the number of shares issued is determined by the market price (VWAP). If the stock price were to fall below that floor during the 35-day window, the "floor" kicks in to act as a safety net—meaning GameStop stops issuing more shares at that lower, "dilutive" valuation. This prevents the company from having to issue an excessively large number of shares if the stock crashes during the pricing period.

Why the exact dollar number isn't in the 8-K text:

Redacted / Omitted Covenants: Under SEC regulations (Item 1.01 of Form 8-K), companies are required to disclose the material terms of a transaction, but specific pricing formulas, floor bounds, or schedule percentages within private exchange contracts can be kept confidential or left to the underlying agreements

Dynamic / Formulaic Floor: In convertible debt exchanges, the "floor" is often defined as a percentage ratio (e.g., a minimum of 80% of the trailing 10-day VWAP prior to signing) or an exact contractual dollar threshold agreed upon in the non-public Exchange Agreements between GameStop and the noteholders.

What is our best estimate regarding the pre-negotiated floor?

35-Trading-Day Historical Range prior to 8/3 news (June 12 – July 31, 2026)

High: ~$23.10 (July 2, 2026)

Low: ~$21.13 (July 24, 2026)

Simple Closing Average: ~$22.05

Let's call it $22.

Hopefully RC put a ~10% limit on the VWAP, yielding a floor of $19.80 or so.

If the actual VWAP during this 35-day monitoring period is lower than the price floor, of $19.80, a fixed and reduced amount of shares will be issued to covert the bondholders to shareholders (debt to equity).

In the case the actual VWAP is lower than the price floor, we will find out in the subsequent 8k following closure of the deal in mid Sept.

If actual VWAP is higher than the negotiated price floor, we will never know what it was.

Let's hope RC kept a tight band on the price floor when negotiating with bond holders to convert early.

Edit: literally one minute after publishing this post we saw a surge of volume and spike in temporary price. Coincidence or nah?

Just read the august 3 announcement about the early closing of the 1.4 billion notes and noticed this line:

“The number of shares of common stock issuable in the exchange will be based in part on the average volume weighted average price of the common stock over a 35 consecutive trading day references period beginning on august 3, 2026, subject to a per share price floor.”

Two parts stand out of that line to me

“In part” and “subject to a per share price floor”

“In part” suggests there is another way the value will be decided.

“Subject to a per share price floor” means there is likely a cap on the deal.

Has this been discussed or disclosed anywhere?