General Discussion

LuckyCharms

(22,955 posts) Sun May 3, 2026, 08:12 PM Yesterday

GameStop has tendered an offer to purchase eBay for $56 Billion.

https://www.wsj.com/business/deals/gamestop-is-offering-to-buy-ebay-for-56-billion-ceo-ryan-cohen-says-fd330f5a?st=VWRigU

11 replies

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Highlight:

GameStop has tendered an offer to purchase eBay for $56 Billion. (Original Post) LuckyCharms Yesterday OP

Pretty good for a company that was being shorted into oblivion five yars ago... haele Yesterday #1

I've been holding $GME for 5 years. LuckyCharms Yesterday #3

yeah, that's quite the shift themaguffin 14 hrs ago #7

Well dweller Yesterday #2

I use eBay and Temu instead of Amazon now when I need to buy something kimbutgar Yesterday #4

Wait, this is REAL?!? AZJonnie 20 hrs ago #5

They might do it... LuckyCharms 12 hrs ago #10

Why ? JI7 19 hrs ago #6

They want to build something larger than Amazon. LuckyCharms 12 hrs ago #11

Is that the starting bid or the Niagara 13 hrs ago #8

I'm looking for a meme that I saw, but I can't find it. LuckyCharms 12 hrs ago #9

haele

(15,535 posts)

1. Pretty good for a company that was being shorted into oblivion five yars ago...

Reply to LuckyCharms (Original post)

Sun May 3, 2026, 08:17 PM

Yesterday

A win against Venture Capitalism and a Meme stock triumph for "The Common Man". Even if it was a bunch of script kiddies and young investing parents doing it for nostalgia and grins/giggles.

LuckyCharms

(22,955 posts)

3. I've been holding $GME for 5 years.

Reply to haele (Reply #1)

Sun May 3, 2026, 08:21 PM

Yesterday

Core position, as well as swing trading.

The company has turned around. 7 consecutive profitable quarters. $9 Billion in cash and marketable securities on the balance sheet..

I'm looking for a short squeeze.

In 2021, hedge funds dropped the price 40% in 25 minutes. i knew then they had a ton of naked shorts.

themaguffin

(5,331 posts)

7. yeah, that's quite the shift

Reply to haele (Reply #1)

Mon May 4, 2026, 07:23 AM

14 hrs ago

dweller

(28,609 posts)

2. Well

Reply to LuckyCharms (Original post)

Sun May 3, 2026, 08:19 PM

Yesterday

That will likely ruin it .

Better go and get my cart paid out .

😐

✌🏻

kimbutgar

(27,463 posts)

4. I use eBay and Temu instead of Amazon now when I need to buy something

Reply to LuckyCharms (Original post)

Sun May 3, 2026, 08:43 PM

Yesterday

I hope this doesn’t ruin eBay.

AZJonnie

(3,942 posts)

5. Wait, this is REAL?!?

Reply to LuckyCharms (Original post)

Mon May 4, 2026, 01:48 AM

20 hrs ago

WTH?!?

Allow me to officially say, I don't see this happening

LuckyCharms

(22,955 posts)

10. They might do it...

Reply to AZJonnie (Reply #5)

Mon May 4, 2026, 09:29 AM

12 hrs ago

eBay has a $46 billion market cap. GME has an $11 Billion market cap.

GME has $9 Billion in cash and marketable securities, $20 Billion bank loan, and the rest will be done most likely through a share issuance or private funding.

Bank was willing to loan $20 Billion...if eBay shuns offer, they'll do a hostile takeover.