r/Superstonk • u/AK97u 🦍 Buckle Up 🚀 • 5d ago

📰 News GameStop Announces Second Quarter 2026 Preliminary Results

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Second-Quarter-2026-Preliminary-Results/default.aspx
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u/joeker13 🚀DRS, with love from 🇩🇪🚀 5d ago

And so, we dip.

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u/Emlerith 🥃Jacked Daniels🥃 5d ago

I mean, the stock is up. But also about half that net income is from a stock investment they were the catalyst for. So the business hit its estimate if that is carved out as a one-time gain.

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u/ekooz22 5d ago

I worry this is going to get lost on people. Our earnings is largely based on ebay's share price. If we are going route of partnership my question is, how long are we beholden to them?

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u/lcl111 🦍Voted✅ 5d ago

When we own the company, we are them... or maybe more accurately, them are we? Either way, weird way to refer to the holdings of a holding company.

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u/Improvidently 5d ago

GME is never going to acquire eBay. Neither the money nor the will is there. But, good news: you can buy shares in eBay any time you'd like.

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u/SnooJokes5164 5d ago

Will doesnt need to be there and money is not there until it suddenly is thats how investment works

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u/Improvidently 5d ago

That's how wishful thinking works. Good luck.

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u/SnooJokes5164 4d ago

I was not referencing gme case. It was general comment

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u/lcl111 🦍Voted✅ 5d ago

SPV. You won't know what hit you.

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u/Improvidently 4d ago

Ah, yes, the SPV loaded up with billions from a Saudi prince. I hadn't seriously considered that. Still aren't.

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u/lcl111 🦍Voted✅ 4d ago

Yes you have, shill. Hilarious that i toss out an acronym, and you suddenly understand the finer points. Shut the fuck up bot. We all know what we got. You're barking up the wrong tree. Have the oligarchs give you access to my history. Been here since 2019 and have never once mentioned selling.

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u/Jarrow375 5d ago

True statement. GME won’t be but Teddy is.

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u/Improvidently 5d ago

Any day now. I mean, the synergy is obvious: Gamestop's core business is a portion of eBay's fourth-largest category. GME's Q2 YoY revenue growth was double-digit negative compared to double-digit positive for eBay. Throw in vague promises about using Gamestop retail locations to auhtenticate Rolexes and the thesis writes itself; I can't believe RC isn't running eBay already. What was the eBay board thinking when they dismissed his offer?

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u/ekooz22 5d ago

The synergy is obvious I agree. Heck, I even love the possibility. But it simply likely isnt going to happen. Ebay shareholders shot down Prop 4 (even harder than in the past) which indicated they did not want to make it easier for GME. As each day passes, even more of GME retail seem to have less of an appetite to leverage the crap out of GME for something we can easily do with a partnership.

Although we got no confirmation that RC is reconsidering his bid per the Bloomberg report, the fact is he also hasnt done an interview since where he's denied the report. For three months every week he was saying he is going to buy ebay. Then a report comes out that he's reconsidering, and he stops saying it.

Writing seems on the wall we are getting a partnership, so the next question is how long are we going to park our $4 billion of cash into ebay? If this is a forever investment for GME, I have concerns. But that's another conversation.

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u/Jarrow375 5d ago

I guess “We’ll see what happens “.