GAMESTOP WANTS TO END THIS... AS SOON AS POSSIBLE!

[00:00:00]What is good Larry Stocks fam? Welcome back to the channel. Welcome to the channel if you are new. Ryan Cohen just did another interview over on Piers Morgan. And what's crazy about this interview is yes, he popped off. Yes, there are important things and yes, it's only 10 minutes long, but also the guy that interviewed him on CNBC, you know, when they were asking him half cash, half stock, half cash, half stock. Yeah, but can you explain it? What don't you get about the question? And then he comes out and he was like, he basically said on another interview, I believe it was TNVP or whatever it was, and he was basically saying, "Yeah, those guys didn't believe in us back then." And you know, you know what they're trying to do. Now, Piers Morgan's talking to the guy that interviewed him originally, and then Piers Morgan brings on Ryan Cohen.

[00:00:44]So, this is a very solid 10-minute interview, 10-minute watch. I'm going to roll the clip for you guys right after I cover a couple things. So, this is going to be an important fun video. Watch till the end, like the video, subscribe to the channel, turn post notifications on.

[00:00:58]I appreciate all the love and support you guys show on the channel. Now, first of all, investors could sell $165 billion worth of stocks a mid June quarter and rebalancing. Now, this is from JP Morgan. They're estimating almost a $170 billion worth of stock rebalancing or selling to occur towards the end of June. Now, this is on top of the CTA selling, which is what we recently just talked about. Now, this isn't technically calls for a market crash, but this is further sentiment for some sort of wick lower coming into midterms and more market weakness as the SPY builds out this sort of head and shoulders pattern, this sort of uncertainty, and this sort of ice breaker moment at that 741 level. Not to mention, Bitcoin is still sitting at 63K. We are on the weekly time frame above the 200 moving average still.

[00:01:50]However, we're building a base on it and it's looking weaker and weaker the longer we trade here. Which leads me into Ethereum, which I think we are still going to hit that $1,400 price target, but we haven't yet. We wicked all the way down to around 1,500. We came very close. In my opinion, there is still a possibility, not a guarantee, for one sort of wick lower or flash down on Ethereum along with Bitcoin. And I think that will begin with the markets dropping lower. Now, before I roll the clip for you, I also want to point out um one more thing. Applied Digital just landed a $5.2 billion AI infrastructure we uh lease with Hyperscaler. Now, APLD is one that we called out actually all the way back here in February 2025. We actually talked about it a little bit earlier, and I'm not going to take credit for this. This was a guy my my guy family that I know closely that was putting me on to APLD and then I decided to look into it further and give it to my community. So I didn't get the original look myself but either way this was called out in my Discord February of 2025 and is up 462% since and I think we are going to see more momentum to the upside. So, if you want more plays and trades like this, make sure to join the Discord server, top link in the description of the video. If you invested 50K into SanDisk 50 15 months ago, you would also have $3.76 million today. And there are plenty of plays that we missed, especially in the memory sector. That is exactly why I am building a Google doc right now working on the stocks that could be the next setups after this whole memory chip sort of rally. And again, if you want access to that Google doc, I will be dropping it in Discord when I am done. The Discord only has one tier. You can join top two links in the description. You can join through uh Launch or launchpass or My apologies if you guys would like to join down there. Let's roll the Ryan Cohen clip. Make sure to like and share this video right now before you forget and let me know your thoughts in the comments down below. I love you all guys. Enjoy the rest of your weekend.

[00:04:00]This clip is crazy. Shout out Ryan Cohen. He basically says, "Yes, we're going to do whatever it takes and we will hostile take over eBay, by the way." So, that is it. I love you all.

[00:04:09]God bless. Lottery sucks out.

[00:04:11]>> Talking of people potentially winning or losing after your highly entertaining interview on CNBC Squirtbox, you pressed Ryan Cohen.

[00:04:20]>> Oh, right. on how GameStop could possibly finance its $56 billion bid to acquire eBay, saying the math just didn't work. So, he came on censored to respond. He said this.

[00:04:33]>> I was surprised by their lack of understanding um of uh of the structure because it's very simple. It's half cash, it's half stock. Uh we have the ability to issue stock. Uh, essentially the eBay shareholders are going to continue owning eBay except it's going to be run by an owner operator as opposed to an entrenched management team um that has zero invested and zero skin in the game. And the other half of the structure, we've got 9 billion of cash on our balance sheet and our bankers have advised us that they feel confident in our ability to raise 20 billion. Uh, so it's a straightforward deal, but um, you know, it was it was too complicated for them on CNBC.

[00:05:26]>> Now, the reason I wanted to play that to you is because it was way too complicated for me to understand whether anything that he said there was actually credible. You've now heard it. He says it's too complicated for you to understand.

[00:05:40]Let me I would beg to differ but from what you just heard there which was his kind of clarifying explanation. What would your response be?

[00:05:46]>> So look I think what he is trying to do is slightly different than what is a classic acquisition. Um and I just for the record I did understand exactly what the transaction was. I was desperately trying to get him to explain it to the public in a way that they could understand it. Um, and but in terms of what the deal is, typically when you buy a company, you have more money than the company that you're buying and you're buying out their shares. In fact, he said that he was buying it at a premium.

[00:06:16]That's not exactly what this deal is.

[00:06:18]He's paying some money to the company, but he's effectively telling eBay shareholders, you are going to roll in with me, meaning you're going to a big portion of your shares are still coming here. So, I'm not really buying you out at all. I'm just you're going to roll in with me and if you like me as the manager and think that what I've done with Chewy, he he had a great success with Chewy, if you think that what he's doing with GameStop was great, then you'll you'll follow down this path. And that that's what the deal is. The question is he needs to ultimately persuade those eBay shareholders, and those eBay shareholders are big Wall Street institutions, by the way. It's not uh retail investors necessarily. A lot, you know, there a lot of retail investors in GameStop got them very excited about GameStop. He's got to persuade Black Rockck and uh you know Troll Price and all the big funds that he's the guy to run this and that they need to trust him. That's >> Poly Market when asked will GameStop acquire eBay by the end of the year 15% are saying yes in the prediction market down from 22%.

[00:07:20]Where would you put the percentage?

[00:07:23]>> Look, I think it's a I think it's going to be a challenge for Ryan. I think he's done a By the way, he did a great job with Chewy. Um, I think he's doing a good job with GameStop.

[00:07:30]>> Could he pull it off >> in the next in the this year? I think would be very very challenging. Like almost impossible challenging, but that's because he effectively would have to get the board, which doesn't want to hand over the reigns, and he'd have to get all the big institutional investors behind him. Could he ultimately do it like over time? Maybe. But, um, it's not an easy one.

[00:07:52]>> Well, joining us now to react to that interview is Ryan Cohen, the CEO of Gaz.

[00:07:57]So Ryan, you were listening there to Andrew. Uh there was a little glimmer of hope. You didn't think it was impossible, just very difficult. What's your reaction?

[00:08:08]>> Um it reminds me of uh the movie Dumb and Dumber where the girl tells Jim Carrey, "What are my he asked what are my chances?" And uh she says like one in million or something. and he says, "So, you're saying there's a chance?"

[00:08:27]>> I mean, look, Andrew is notwithstanding your little dig uh which I played to him, um that he doesn't he didn't understand it. I think he does understand it and he outlined just now the reasons for his concern and wanting you to really articulate how you thought this would work. I mean, do you understand his concerns? Do you do do you do you accept that he you know is pretty expert in this and the the concerns are valid?

[00:08:53]>> Yeah, I mean uh it's tough. Everything that I've done has always been tough. I I uh if you would have looked at what the chances of Chewy to succeed against Amazon, the odds, you know, were very very low. and turning around GameStop. If you asked all of Wall Street what they thought uh the business was going to be doing in 2026 when I joined the board, they would have said that the company would have been bankrupt a few times over. So, uh this is uh it's tough.

[00:09:32]There have been reports today saying that you've not given up on this uh project and you may now take your proposal directly to shareholders for an attempted hostile takeover. Is that true?

[00:09:45]>> I'm definitely not going to give up.

[00:09:48]It's uh I'm not going to stop. So, >> you're not denying the the report which includes the the proposal potentially direct to shareholders for an attempted hostile takeover. Has that been true?

[00:10:02]>> Al ultimately the owners of the business are the shareholders and the fate of the business is going to be decided by the owners of the business and the vote is going to come down to who they want running the business. Do you want an entrenched management team that's collecting tens of millions of dollars in risk-free compensation running the business? or do you want someone that's putting all his chips on the table both through GameStop and me personally? And but ultimately, you know, the the management team and the board has all kinds of perverse incentives. Uh but I'm going to do everything to make sure that ultimately the owners of the business get to make that decision.

[00:10:48]>> That doesn't sound like a denial.

[00:10:53]>> It's not a denial.

[00:10:55]>> Wow. Okay. So, that is news. So, you are seriously considering a hostile takeover.

[00:11:05]>> Going to do whatever we need to do in order to maximize shareholder value for for GameStop. And um we've made a a big investment. We're one of the largest active shareholders of the business. and I love eBay and the business is highly complimentary to GameStop's business and it's a business that I personally understand very well and is within my circle of competence.

[00:11:36]So, we'll uh we'll see what happens.

[00:11:42]>> Well, I look forward uh greatly to your next move on that. Just very quickly, SpaceX, you know, we just heard Andrew talking about it that it's going to be a rocket launch, but it's going to have to reach rocket levels uh to justify, I guess, all the hype. What's your view about it?

[00:12:03]>> I wouldn't bet against it. I wouldn't uh I wouldn't be arrogant enough to to bet against uh to bet against Elon.

[00:12:15]And um what I find interesting um on all the skeptics on Wall Street is how quickly they are to take the side of the establishment. I don't know what it is. Maybe they play by the rules. They go on the show. They answer all their questions. They bow down to them. They get together in the Hamptons. I don't know what it is. But there's nothing that is more American than risking your own money.

[00:12:48]And if you end up making money, great.

[00:12:49]And if you end up losing money, then you lose money. And yet you look at the mainstream media like with uh with GameStop as an example. And it's almost like everyone is rooting and wants wants to see our demise. And you know, it's the same thing in this situation too.

[00:13:08]They want to see us fail. They hope we fail. And doesn't really make sense to me. It's anti-American. What we're doing is tough, but we're taking on risk. And if you look at the current management team in the board, you've got a board of directors that are making hundreds of thousands of dollars a year for attending a few board meetings. You've got a management team. You've got a CEO in particular that's making tens of millions of dollars, have never bought a single share of stock on the open market with his own money, and yet why are they so quick to protect and want them to succeed? Like, you know, you talk about like I I watch what you know, wealth inequality and all of these systemic risks and then you have someone that's taking on a lot of risk and putting a lot of skin in the game. It's like why do they want us to fail? I don't understand.

[00:14:06]>> You know, I love entrepreneurs. I think they make the world go around. I think that most people are risk averse and play safe in their lives and their business. And actually, if it wasn't for people like you and Elon Musk and others, the world would be a very dull place. And sometimes you got to speculate to accumulate. And you may crash and burn. But as we learned in uh in Top Gun, sometimes you will crash and burn, but other times you you're going to you're going to win. Uh and I I wouldn't bet against you either, Ryan.

[00:14:35]I've enjoyed talking to you the few times we've done it. I hope we continue to do it. And if you put it off, it'll be amazing. And if you don't, well, you had a go.

[00:14:44]>> I appreciate it, Pierce. We're on the same page.

[00:14:47]>> We are. And we will talk again. Ryan, thank you very much.