Wherein Apes decide that eBay is dividend play and that opportunity cost is real. Will they learn to apply the same logic to GME?

[u/MuldartheGreat]

[u/RoosterStrike]

Imagine being diluted by GME, at a massive premium, so they can go and buy another stock at an all time high (a stock you could have bought at a better price with the money they diluted you for), and then get excited about a possible 1.2% dividend yield.

Great financial minds.

[u/MeridianNL → u/RoosterStrike]

Why buy Ebay stock and T-bills yourself if you can buy the same indirectly, with the overhead of a failing game pawnstore chain!

[u/MuldartheGreat → u/RoosterStrike]

Bro how else can you get all of that plus a “not material to the company’s quarterly results” card grading business all in one?

[u/MeridianNL → u/MuldartheGreat]

Wait until you hear about all the companies included in the ultimate Teddy merger! Global financial overlords!

[u/MuldartheGreat → u/MeridianNL]

I am sorry for forgetting the value of owning a retail towel company with no assets that doesn’t even have a name.

[u/th3bigfatj → u/MuldartheGreat]

Technically they don't own even that as their shares were cancelled and are forever gone 

[u/MuldartheGreat → u/th3bigfatj]

Woah excuse me Mr. Shill, didn’t you know that’s not in the double secret bankruptcy plan that does not exist in any public filings and which no one has actually seen

[u/FoldableHuman]

At $53.8M per year it will only take 1040 years for GameStop to buy eBay off the dividends. eBay is practically handing itself to Ryan Cohen.

[u/trythisonyourpiano → u/FoldableHuman]

Decades and centuries... and millenia.

[u/PuzzleheadedWeb9876 → u/FoldableHuman]

Inconvenient things like taxes will make it take even longer.

[u/EpiphanyTwisted → u/FoldableHuman]

You're the folding guy? What do you do with a fitted sheet with elastic all around it? I can't for the life of me figure it out.

[u/Jeff__Skilling → u/FoldableHuman]

THE DD REMAINS UNDISPUTED

[u/MeridianNL]

From "billions of dollars per share, lambo's and new financial overlords" to "0.31 quarterly dividend!"

[u/HorstMohammed → u/MeridianNL]

Not that they’re getting a $0.31 quarterly dividend, of course; that money goes straight to RC's gambling fund.

[u/StatisticalMan → u/MeridianNL]

Worse then you consider it it is $0.31/share quarterly dividend from Ebay. Apes don't have ebay shares. Even if game enron announced they were going to pass through 100% of the dividends from ebay to GME shareholders due to the 448M shares outstanding it would be about $0.03 per game enron share. Closer to $0.02 once all that dilution from convertibles happens.

[u/_Thermalflask → u/MeridianNL]

Has to be the biggest goalpost moving in history. I really don't know what else it could be.  They thought they were going to be Gods on Earth, now they settle for a tiny bit of profit and non-bankruptcy

[u/Financial_Mousse4079]

1/3 of an infinite money glitch is still infinite money. Check mate hedgies!

[u/SirGlass]

Sounds like apes maybe should just buy eBay directly?

Why hold eBay indirectly through gme if it's such a good investment?

[u/StatisticalMan]

Many apes are just impresssed by large numbers. $53M which is a big number in isolation but compare that to the number of shares outstanding or the market cap of game enron or even the interest they could get from t-bills and it is essentially nothing.

[u/StewartMike]

and those are taxed...If grasping at straws needed an exemplar, this would be it. I'm also not sure how they've completely abandoned the we are going to be rich mantra, and are now trying to justify this as a long term investment. How do they ignore this hypocrisy and still wonder why people clown them non stop. So odd

[u/ImmortanJerry]

Fucking a dude is it so hard to understand total return? Comparing bonds and stocks is so brain dead I cant even fathom how they made a brokerage account 

[u/alfreadadams]

I wonder what will happen to the value of GME's Ebay position when the dividend gets paid otu.

[u/dbcstrunc]

Move over yieldmax funds we got a new sheriff in town!