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Gamestop is preparing a massive bid for Ebay // Update: $125 share per WSJ
Posted on 5/1/26 at 4:37 pm
Posted on 5/1/26 at 4:37 pm
Loading Twitter/X Embed...
If tweet fails to load, click here.This post was edited on 5/3/26 at 6:06 pm
7
Posted on 5/1/26 at 4:38 pm to The Egg
Worst kept secret
Posted on 5/1/26 at 4:46 pm to The Egg
It’s kind of a strange decision. But, oddly enough it’s the best one I’ve seen come out of GME sine hello kitty.
Regardless, I think this pitch deck made much more sense when UPS used it.
Regardless, I think this pitch deck made much more sense when UPS used it.
Posted on 5/2/26 at 6:48 am to The Egg
What does the vision for a future eBay + GameStop website/storefront look like for the both of them, is it expanding their collectibles trading for GameStop while using eBay online auctions?
Posted on 5/2/26 at 8:21 am to The Egg
Is it a credible, realistic bid or more like the bids mentioned recently in that Facebook Marketplace thread on the OT?
Posted on 5/2/26 at 9:05 am to The Egg
Apparently the nft market place failed... Pivot to BTC Treasury failed...
Time to buy a failing but well known business..
Just keep stringing their retail investors along till bankruptcy comes
Time to buy a failing but well known business..
Just keep stringing their retail investors along till bankruptcy comes
Posted on 5/2/26 at 9:31 am to The Egg
quote:
Gamestop is preparing a massive bid for Ebay
Posted on 5/2/26 at 10:27 am to Lsut81
Seems like both GameStop and EBay have been heavy in the trading card market, recently. That’s the only thing I can think of.
Posted on 5/2/26 at 11:27 am to DeBoar
eBay also owns niche memorabilia auction houses like Goldin. I could see eBay buying GameStop’s name after bankruptcy, but I don’t see any other value in merging the two.
Posted on 5/3/26 at 6:05 pm to lsuconnman
Posted on 5/3/26 at 6:52 pm to The Egg
Sounds like more dilution on the table for GameStop bag holders... I mean investors
At least it's a better use of money than their previous plan of buy Bitcoin. Didn't take long for them to pivot... Shocked they didn't say it would merge into a giant AI company
At least it's a better use of money than their previous plan of buy Bitcoin. Didn't take long for them to pivot... Shocked they didn't say it would merge into a giant AI company
This post was edited on 5/3/26 at 6:55 pm
Posted on 5/4/26 at 6:04 am to Lsut81
eBay is the epicenter of an exploding sports and trading card market. It’s not much of a riddle why they’d be a desirable acquisition. No idea if it’s advisable for GME but this isn’t the eBay of 10 years ago.
Posted on 5/4/26 at 6:15 am to lsuconnman
quote:GME has ~$10B in cash and modestly positive free cash flow. Why do you think they’re at risk of bankruptcy.
I could see eBay buying GameStop’s name after bankruptcy
FWIW, I absolutely own no GME shares and I wouldn’t personally invest in a company ran by Ryan Cohen. I don’t think he’s a moron but I’m not a fan.
ETA: He’s currently on CNBC. He really is an obnoxious mf.
This post was edited on 5/4/26 at 6:22 am
Posted on 5/4/26 at 6:32 am to beaverfever
Market killed the GME rally overnight
Posted on 5/4/26 at 7:27 am to beaverfever
quote:
ETA: He’s currently on CNBC. He really is an obnoxious mf.
They pushed him on whether this is a way for him to hit his remuneration target (GameStop market cap of $20B). He danced around the question multiple times.
Posted on 5/4/26 at 7:30 am to Upperdecker
BB ripping on meme momentum, up 14%
Posted on 5/4/26 at 10:56 am to beaverfever
quote:
GME has ~$10B in cash and modestly positive free cash flow. Why do you think they’re at risk of bankruptcy.
Because they’re in an endless cycle of closing stores and their only solution seems to be sitting on cash and filling the remaining locations with funko pops and Pokémon.
Honestly, it would make more sense for them to acquire something like Ubisoft or other struggling studios with marketable IP and lean back into their gaming roots and exclusive merchandise you can’t get elsewhere.
Posted on 5/4/26 at 11:35 am to lsuconnman
They are running a variant of the Michael Saylor balance sheet playbook. Essentially, the equity is the product. There is a demand for it so they monetize (dilute) it and it creates a bigger capital structure. The difference is they don’t seem to have any actual end game. I guess an acquisition is what Cohen is thinking.
Posted on 5/4/26 at 11:53 am to beaverfever
Wow I just watched some of that interview where they honestly ask him to do the math on the acquisition and he was an absolute jackass about it. He’s the reason the stock is down today. Funds selling bc this guy is a moron on live TV
Posted on 5/4/26 at 1:16 pm to Upperdecker
It was something you’d expect to see from a 15 year old punk kid who has a chip on his shoulder and needs his arse kicked. But it was the CEO of a company attempting to make a $50B acquisition. And it was completely on brand, not just a bad day.
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