RTO
Rentokil Initial plc
stock NYSE ADR

Well, those are the same kinds of people that complain about RTO policies at their workplaces. As an unemployed person who previously worked remotely, I certainly don't want to spend $20 a day on Uber every day I go to work at an in-person position. But then, that's what happens when I am banned from driving for life (I never had a driver's license, but I didn't need an optometrist to tell me not to get one because I know how bad my eyes are).

Gamestop is in an unbelievably healthy position right now, largely thanks to Ryan Cohen. We have $5.44B in equity, $6.3B in cash, and $418M yearly net income with $232M coming from the core business. The short thesis is dead. Full disclosure, I don't know how I'll vote but regardless of the outcome I'm going to continue to buy, hold, and DRS. I think the Ebay acquisition is an interesting opportunity and I have a lot of confidence in Ryan Cohen at the helm of the combined company. I don't think the warrants were issued for nothing and if we close this deal with GME at $36.50 and all warrants exercised, GME holders will have 40% ownership in the combined company (noting Ryan's 40-60 comment in his interview, I think he's signaling). I made a calculator and another post that analyzes the possible outcomes.
[https://www.reddit.com/r/Superstonk/comments/1t84ip5/gme\_vs\_ebay\_merger\_calculator/](https://www.reddit.com/r/Superstonk/comments/1t84ip5/gme_vs_ebay_merger_calculator/)
[https://gmebay-self.vercel.app](https://gmebay-self.vercel.app)

Now having said all that I don't think Ryan Cohen cares as much about MOASS as many of us. He doesn't like short sellers, consultants, Wall Street compensation plans, etc. He does like that WASP work ethic, RTO mandates, running things like a family business, etc. If most of us were billionaires we would quit our jobs and spend our money on family, friends, charity, and lambos. Ryan Cohen wants to be Warren Icahn, he wants to treat Ebay like his baby, and he is willing to dilute to achieve his goals.

What if Gamestop went full MOASS Maximizer?
1. Announce no more cheap equity issuance
2. Authorize $3-5B share buybacks
3. State a preference for cash settling the convertible notes
4. Launch a DRS live tracker with zk Proof of Sum
5. Dividends after buybacks if sustainable
6. Acquisitions will be smart, reasonably sized, all cash
I would like to see Wall Street burn. I would like to see the DTCC and every broker audited. I want market reform, subpoenas, perp walks, Ken Griffin's perjury blasted everywhere, Jim Cramer throat wrestling an equine hog monster on live tv, the whole 9 yards.
I'm not saying the Ryan Cohen plan kills MOASS, I just don't think it maximizes it. I wouldn't mind owning Ebay but am maybe a little salty EBAY holders get moon tickets without going through what we've all been through. A third option that is also possible is the Ebay deal falls through (I would say it would be most likely if GME doesn't hit $35+/share because I don't think Ryan Cohen would do us like that) and we walk away with a slightly bigger war chest for the next play. No matter what happens, any outcome likely accrues value for current GME holders. I'm not selling, not leaving, fuck you, pay me.

To make people leave the company without firing them. Every time some company ‘strengthens’ the RTO, it’s because they’re bloated.

Well, those are the same kinds of people that complain about RTO policies at their workplaces. As an unemployed person who previously worked remotely, I certainly don't want to spend $20 a day on Uber every day I go to work at an in-person position. But then, that's what happens when I am banned from driving for life (I never had a driver's license, but I didn't need an optometrist to tell me not to get one because I know how bad my eyes are).

Gamestop is in an unbelievably healthy position right now, largely thanks to Ryan Cohen. We have $5.44B in equity, $6.3B in cash, and $418M yearly net income with $232M coming from the core business. The short thesis is dead. Full disclosure, I don't know how I'll vote but regardless of the outcome I'm going to continue to buy, hold, and DRS. I think the Ebay acquisition is an interesting opportunity and I have a lot of confidence in Ryan Cohen at the helm of the combined company. I don't think the warrants were issued for nothing and if we close this deal with GME at $36.50 and all warrants exercised, GME holders will have 40% ownership in the combined company (noting Ryan's 40-60 comment in his interview, I think he's signaling). I made a calculator and another post that analyzes the possible outcomes.
[https://www.reddit.com/r/Superstonk/comments/1t84ip5/gme\_vs\_ebay\_merger\_calculator/](https://www.reddit.com/r/Superstonk/comments/1t84ip5/gme_vs_ebay_merger_calculator/)
[https://gmebay-self.vercel.app](https://gmebay-self.vercel.app)

Now having said all that I don't think Ryan Cohen cares as much about MOASS as many of us. He doesn't like short sellers, consultants, Wall Street compensation plans, etc. He does like that WASP work ethic, RTO mandates, running things like a family business, etc. If most of us were billionaires we would quit our jobs and spend our money on family, friends, charity, and lambos. Ryan Cohen wants to be Warren Icahn, he wants to treat Ebay like his baby, and he is willing to dilute to achieve his goals.

What if Gamestop went full MOASS Maximizer?
1. Announce no more cheap equity issuance
2. Authorize $3-5B share buybacks
3. State a preference for cash settling the convertible notes
4. Launch a DRS live tracker with zk Proof of Sum
5. Dividends after buybacks if sustainable
6. Acquisitions will be smart, reasonably sized, all cash
I would like to see Wall Street burn. I would like to see the DTCC and every broker audited. I want market reform, subpoenas, perp walks, Ken Griffin's perjury blasted everywhere, Jim Cramer throat wrestling an equine hog monster on live tv, the whole 9 yards.
I'm not saying the Ryan Cohen plan kills MOASS, I just don't think it maximizes it. I wouldn't mind owning Ebay but am maybe a little salty EBAY holders get moon tickets without going through what we've all been through. A third option that is also possible is the Ebay deal falls through (I would say it would be most likely if GME doesn't hit $35+/share because I don't think Ryan Cohen would do us like that) and we walk away with a slightly bigger war chest for the next play. No matter what happens, any outcome likely accrues value for current GME holders. I'm not selling, not leaving, fuck you, pay me.

To make people leave the company without firing them. Every time some company ‘strengthens’ the RTO, it’s because they’re bloated.

In my experience, it's the companies that want RTO because they claim to have much better efficiency and team cohesion.