[mixologic]

The meme investors can stay irrational long before gamestop gets a growth story. If they haven't given up on their get rich quick scheme that's lasted over five years now, I really don't think they're going to jump ship now.

The sad part is that gamestop is offering 55 billion, yet only has 9 billion in cash. The only way they come up with that much capital to buy ebay is to dilute the existing shareholders to a point that "to the moon" will just be moondust.

[asdfasgasdgasdg]

I was assuming it was going to be an LBO? Surely they don't plan to raise the money in cash.

[trollbridge]

I suspect Cohen has a novel financial instrument in mind. After all, at some point someone invented the first LBO.