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The Echo Chamber - Episode 92
“Forthcoming Comingforth"
It’s been 30 days since Ryan Cohen converted GameStop’s eBay put/call pairs into physical shares, and with 9.8% ownership now directly in hand, the question is why. This week we break down the possible reasons behind the move, including voting power, a potential proxy fight, leverage with eBay’s board, and whether removing counterparty uncertainty could be part of a broader strategy.
Speaking of removing uncertainty, we spend some time talking about the warrants and the debt-for-equity exchange. Could this all be about removing…
