… and the stock has not dropped 39%, in fact it’s trading about where it was a year ago. Shareholders have been content to let Cohen add to the balance sheet, adjust operations and make a large move. This is one such move. And GME is up 5+% in pre trading, so shareholders are generally positive about this idea.

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fineIllregister 2 hours ago | parent | next [-]

If Cohen's "large move" was to buy EBay, investors could have done that themselves. They would have gotten a better deal on shares in the new company. Also, they'd be up 50% over 12 months. Partly because Cohen "adding to the balance sheet" has meant dilutions, and there will be more for this deal.

	▲	DSMan195276 an hour ago \| parent [-]
		Yeah this is the funny part to me - if you thought EBay was an amazing business then you could have just bought that stock months or years ago. Maybe the combined company will really be worth more than both companies individually, but for the most part this is just GameStop deciding how you should have invested your money months ago.

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cyanydeez 2 hours ago | parent | prev [-]

the shareholders of GME operate under the delusion that there's gonna be another magic short squeeze.

	▲	sgerenser an hour ago \| parent \| next [-]
		Waiting for the MOASS… it’s coming any day now!
	▲	dwedge an hour ago \| parent \| prev [-]
		I operate under the delusion that it was a $400 gamble and there is no point selling stock that I forgot I even owned at all, when it's such a small amount.