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RC Ventures and Buy Buy Baby: RC Ventures is listed as a creditor in the bankruptcy proceedings of Buy Buy Baby. This could mean that RC Ventures bought bonds from the company or is owed money from past dealings. Some suggest that Ryan Cohen, who runs RC Ventures, might be interested in bidding to buy Buy Buy Baby or could be paid back in assets instead of money.
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Citadel Bankruptcy Rumors: There are discussions about a podcast that claimed several financial firms, including Citadel, were close to bankruptcy during the 2020 market crash caused by the COVID-19 pandemic. While some find this plausible given the sharp drop in the S&P 500 at the time, the consensus seems to be that this is no longer a significant concern because the government and banks bailed out these firms. There’s also a rumor that Ben Bernanke is paid $20 million a year by Citadel, but this was acknowledged as unconfirmed in the discussion.
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Blockbuster Revival: Ryan Cohen liked a tweet from Blockbuster, which led to speculation on its potential revival. One theory posits that Blockbuster was shorted excessively and if any shorts remain open while it resurrects, it could lead to significant market turbulence.
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Pulte Tweet: Ryan Cohen liked a tweet from Bill Pulte, which led to various interpretations. Some expressed frustration with the continuous speculation, while others speculated about possible meanings such as a takeover or connection with WiseKey.
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2022 Q3 Results The company’s third quarter fiscal year 2022 results were shared.
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Stock Price The stock price of GameStop also drew attention, with a decrease of 1.09%. The stock’s average volume over the past 30 days was about 1.65 million shares.
Buy, Hodl, DRS, Book