🎯 TEDDY Merger is happening NYSE:GME x NASDAQ:BBBY
Cohen & Company AMEX:COHN recently issued an S-3 filing to register sale of securities.
Now why is this important?
AMEX:COHN received NOL benefits which are linked to NASDAQ:BBBY and are activating the merger.
Check x
edwinbarnesc/status/1791523806449930563
years of mockery will be dealt with :)
The not yet anounced merger is discussed on different platforms, still a hypothesis though.
4d chess, great to be a part of it.
x com edwinbarnesc/status/1791523806449930563
OTC and dark pools wont be sufficient once the first short seller will close their position.
We will discover the real price only then.
GME is good value based on its book value relative to its share price (6.06x), compared to the US Specialty Retail industry average (8.76x)
GME's cash and short-term investments ($1.04B) can cover GME's cash burn for the next year ($405.90M), even accounting for increasing cash burn (88.51%
GME's short-term assets ($2.58B) exceed its short-term liabilities...
I am not an experienced trader nor an expert.
So .... if someone can change my mind with a solid argument i am happy to change my mind.
The price is wrong.
If prices in a market are determined by supply and demand, and there are less and less shares of Gamestop available in the market (because of Direct registration and normal buys)
Then how does a share price...
They will moon together as both are largely owned by institutions and retail and nobody is selling.
That combined with 66 billion worth of shares that are shorted by citadel but not yet bought will launch the rocket.
