The Echo Chamber - Episode 96“Four Out of Five Board Members Recommend Buying”Four GameStop board members bought shares across three consecutive trading days following earnings
-Larry Cheng: 55,000
-James Grube added 10,255
-Alan Attal bought 5,000
-Ryan Cohen: 1 million
That’s 1,070,255 $GME shares purchased for approximately $21.7 million.
@gmebuttstallion and @ib35y45 join Fitzzzy to break down the insider buying, the price reaction and whether Nat Turner could be sitting on MNPI.
Then it’s time for the warrant debate. $GME gained more than 10% while $GME.WS fell over 20%. The guys discuss the warrant positions taken by @TheUltimator5 and @rnewton7777, and whether GameStop should allow the warrants to expire or extend them.
Shop GameStop covers Pokémon’s 30th-anniversary releases, IB’s “Beat the Mimic” game and PSA’s new vault-to-vault transfers.
Finally, @foxenflask makes a surprise appearance to discuss the latest $GME × $eBay developments, a potential partnership and board seats before offering his analysis of what could happen with the warrants.
TIMESTAMPS
00:00 - Intro / Power Hour
07:30 - $GME options and Power Hour
21:00 - Insider Buying
21:00 - Larry Cheng buys 55,000 shares
23:30 - James Grube buys 10,255 shares
25:00 - Alan Attal buys 5,000 shares
26:00 - Ryan Cohen buys 1 million shares
29:30 - eBay insiders selling
33:30 - Rooowwwaaaaadddddddd
42:00 - GME Warrants
42:30 - Will the warrants finish in the money?
44:00 - What was the purpose of the warrants?
50:30 - @rnewton7777 and @TheUltimator5
53:00 - The 360% borrow fee
55:30 - The October 29 warrant hypothetical
1:02:00 - Earnings News Clip / Break
1:09:00 - Shop GameStop
1:09:00 - New GameStop store and Pokémon’s 30th anniversary
1:21:30 - What everyone is playing
1:23:00 - Double Pro Week
1:26:30 - Pokémon midnight release
1:27:30 - IB’s “Beat the Mimic” game
1:32:00 - PSA vault-to-vault transfers
1:34:00 - Pokémon 30th-anniversary drop dates
1:38:00 - Week in Review
1:51:00 - @foxenflask Joins the Show
1:53:00 - eBay Update
1:53:30 - Why Bad Robot thinks the deal hasn’t been quiet
1:57:00 - The CNBC slip and a developing deal
1:58:30 - Interested investors and potential financing
2:01:00 - Could the MNPI already be publicly disclosed?
2:06:00 - Bad Robot’s Warrant Analysis
LFG $GME
Subscribe on YouTube:
https://www.youtube.com/@TheEchoChamber741
Follow on Spotify:
https://open.spotify.com/show/54n8qbPvca01QJazxGW5zN
Follow on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-echo-chamber/id1788838529