After tweeting a nod to both the Olympics and the news about GameStop’s brand coming to Canada, the Chairman has refined his Twitter following.

Here at GMEdd, we overanalyze. It’s what we do best. 

On February 4th, 2021, Ryan Cohen briefly followed GameStop’s investing icon Roaring Kitty. GMEdd decided that was worthy of discussion, so we called attention to it. When Ryan Cohen made any sort of adjustments to his following from that point on, we felt obliged to cover it.

Since then, Ryan Cohen has made several tweaks to his Twitter following, and we have continued to try and speculate as to what each change could mean.

Follow Along the History

February 4, 2021: Ryan Cohen follows Roaring Kitty as the personality becomes the face of retail investors for his famous conviction in GameStop. At the time, Cohen had followed just GeekWire, PCGamer, The Wall Street Journal, and the Financial Times.

February 5, 2021: We watched as Ryan Cohen doubled his 5 follows into 10 overnight, diluting his count more than the CEO of AMC. Cohen follows Steam, Electronic Arts, SEGA, Call of Duty, EA Sports, Xbox, PlayStation and GameStop, and unfollows Roaring Kitty, The Wall Street Journal, and the Financial Times.

February 15, 2021: Ryan Cohen follows Elon Musk. Cohen Unfollows SEGA to accommodate for the spot for Musk.

February 24, 2021: The Chewy founder unfollows Electronic ArtsCall of Duty, and  EASPORTS.

May 13, 2021: Ryan Cohen unfollows Elon Musk amid controversy on Twitter. Cohen is left with only 4 follows: Xbox, PlayStation, NintendoAmerica, and GameStop.

What now?

On Wednesday, July 28th, Ryan Cohen has unfollowed Xbox, PlayStation, and NintendoAmerica.

Cohen is left following just the GameStop official Twitter profile. Simple, sleek, elegant.

Could this mean that GameStop is the only company on Ryan Cohen’s mind? Jeff Bezos also only follows one account, is this another play from Amazon’s book?

Who knows. Does it really matter? We’ll stop stalking your following now, Ryan.

We promise.

Source:  Ryan Cohen on Twitter

After market skeptics feared a “Black Monday” stock sell-off, GameStop closed up 2.63% and Ryan Cohen stuck chopsticks up his nose.

Ryan Cohen has always had a goofy side, sharing sometimes raunchy and mysterious images on Twitter, such as a poop emoji over a picture of a Blockbuster store or the stuffed bear from the movie “Ted” ripping a bong. 

In a tweet sent out at 10:48 PM EST on July 19, 2021, the recently appointed Chairman of GameStop shared a photo of himself playing with chopsticks.

Wearing a black tee with a pair of sunglasses hanging on the collar, the photo was captioned, “PG-13.”

Speculative investors were quick to draw assumptions as to what a deeper meaning of the tweet could entail, largely rooted in the odd text and the split chopsticks.

PG-13

While PG-13 is typically known as a movie rating reserved for stronger-language movies by the Motion Picture Association film rating system, some interpreted this as a nod to Pg. 13 of GameStop’s Prospectus.

GameStop’s current prospectus, a disclosure document that describes a financial security for potential buyers, was filed on May 9th and utilizes page 13 to describe the definition of one unit of GameStop’s security.

A Stock Unit is a bookkeeping entry representing an amount equivalent to the Fair Market Value of one Share, payable in cash, property or Shares. Stock Units represent an unfunded and unsecured obligation of the Company, except as otherwise provided for by the Administrator.

Some believe this describes details for navigating a stock split event, dividend, or mythical NFT-dividend.

It is important to note that while GameStop’s “NFTeam” has grown exponentially, the ever-sensationalized NFT dividend theory has little evidence to support it.

2:1 Chop Sticks, Stock Split

Presumptive GameStop investor and reddit user I_eat_bananna interpreted the tweet as Ryan indicating that “the split is right under our nose.”

The expression “under someone’s nose” is used to describe something that one fails to see or notice even though he or she should.

In a stock split, shares are divided up, which can be done for several reasons; most commonly to reduce the share price to appeal to a larger number of retail investors.

This often makes sense when a company’s stock has increased to a point where retail traders consider it an unattractive or unaffordable investment, despite a low or reasonable market cap.

In 2020, Tesla announced a 5:1 split on August 11th with NASDAQ:TSLA at $1374 (split adj $274.88). Between August 11 and August 31 (effective split), TSLA rose +81%.

GameStop Corp.’s last stock split was effected on February 20, 2007, where the company declared a two-for-one stock split.

Information on this 2:1 split is still available on GameStop’s investor relations page. The page describes the impacts the adjusted price would have on the stock.

A 2-for-1 split means the investor will have twice as many shares as before, at half the market price. The split does not change the aggregate value of the shares you own. 

In GameStop’s February 12, 2007 announcement of the two-for-one split, R. Richard Fontaine, GameStop’s Chairman and Chief Executive Officer at the time, describes the reasoning for the price adjustment.

Growing rapidly and looking to appeal to a broader range of potential investors?

That sounds familiar.

Can’t Chop, Won’t chop, Gamechop

Any hint towards a future dividend or stock split is rooted in conspiracy; but what are investors if not speculators?

While no definitive reason can explain any of Ryan Cohen’s seemingly cryptic tweets, we can be reassured that GameStop’s Chairman enjoys Asian food and knows how to drive us crazy.

Wait, that’s not reassuring.

Sources: Ryan Cohen on Twitter, GameStop Investor Relations, GameStop Newsroom, GameStop Prospectus

With 10 minutes to market close on Thursday, Ryan Cohen has shared his support for a fan’s project to create a LEGO set of a classic GameStop store.

In what may signify a change of pace towards the GameStop Chairman’s infrequent acknowledgements of retail investors, Ryan Cohen has linked to a fan-created GameStop Classic Shop on ideas.lego.com with the caption “I ❤️ this.”

The Set

The “GameStop Classic Shop” LEGO set, which was generated by LEGO Ideas user MCHLN, was posted on July 6th and only recently began gaining traction on social media today.

An article titled, LEGO Superfan Pays Homage to GameStop in New Set Design  by Sarah Kearns published by HYPEBEAST today may have also drawn Ryan Cohen’s attention towards the project.

The designer that submitted the project to LEGO Ideas needs 10,000 supporters to move on to Lego’s Expert Review Board, where it would then be considered for production.

Ryan Cohen’s link bumped the set from only 295 supporters to over 1,000, immediately becoming one of the fastest-growing Ideas on LEGOs site.

Full of jokes

The set makes several references to GameStop’s retail investor culture, including the Wallstreetbets guy holding a diamond in one hand, and a crayon in another,  drawing a stock chart that resembles NYSE:GME’s past… all while an ape watches.

The EXIT sign on the rear of the store is also green and crossed out, signifying the lack of an exit strategy among many investors, a line made famous by deepfuckingvalue.

Oh, and the GameStop is on the literal moon.

The Inspiration

The creator says that, while this is his first LEGO Ideas set, it is inspired by both the LEGO community and GameStop fans all over the globe.

Inspired by the community of both Lego Ideas and the GameStop Fans all over the globe – and also their connection through Lego video games, I created a classic GameStop Shop. Hope you like it, maybe send it to the moon with your likes? The Set is supposed to release with five mini figures, one representative ape, and the graffiti on the backside.

Located by GameStop’s Corporate Headquarters in Grapevine, Texas, is a Legoland Discovery Center just 12 minutes away.  The Discovery Centres are smaller versions of the Legoland theme parks located around the world. 

Check out the GameStop Classic Shop LEGO Ideas project page here.

Sources: Ryan Cohen on Twitter, LEGO Ideas, HYPEBEAST

On America’s Independence Day, Ryan Cohen has embraced GameStop’s new look alongside their famous “Power to the Players” slogan.

GameStop’s Chairman has sent out a tweet on the Fourth of July featuring the gaming retailer’s classic tagline followed by an American flag emoji. 

The tweet was also paired with an update to Cohen’s Twitter profile.

When Cohen was granted his new position at the Annual Shareholders Meeting, he updated his bio to feature a chair emoji and GameStop’s username. In the last few weeks, Cohen slightly changed his Twitter bio, properly capitalizing both @Chewy and @GameStop and removing the comma in-between both companies. Sorry, we’re a bit crazy.

Now, Cohen has updated his cover photo as well, ditching the Florida palm trees in favor of the famous slogan.

Power to the Players

This same slogan and graphic design is now featured as a cover photo for @GameStop on Twitter.

In the last week, GameStop has flaunted the black and white branding that GMEdd uncovered on June 18th being implemented on all of the GameStop Corp. social profiles. Unannounced, GameStop has deactivated the @GameStopCorp Twitter profile and brought the new look onto the consumer-facing social platforms. 

Source: Ryan Cohen on Twitter

Larry Cheng believes that some businesses have the potential to break the traditional paradigm – they can play chess while everyone else plays checkers.

Larry Cheng, co-founder and managing partner of Volition Capital, was the first major investor to back Chewy after the company was turned down numerous times by other firms.

Larry’s investment through Volition was key to the growth and expansion of Chewy, and as a result, Larry and Ryan remain “fast friends.” While GameStop is a different story than Chewy,  Larry’s involvement in the turnaround has become clear through his nomination and proceeding placement on GameStop’s Board at the 2021 annual meeting.

You can read more about the past between Larry Cheng, Chewy, and Ryan Cohen here.

At one minute after market close on Friday, Larry Cheng shares some of his thoughts on Twitter about companies breaking traditional paradigms.

Every company is a company. However, on rare occasion, some companies become movements. The company ends up standing for something much larger and more significant than itself. These companies break the traditional paradigm – they can play chess when everyone else plays checkers.

While it is not clear if GameStop’s latest board member is talking here about his philosophy towards the future of the gaming retailer, we can at least appreciate that he understands the greater impact a business can have on the world.

Source: Larry Cheng on Twitter

The 2021 GameStop Annual Shareholder Meeting has officially concluded, setting the stage for Q1 2021 Earnings at market close and the proceeding conference call at 5:00pm EST.

From 11:00am to 11:15am at 625 Westport Parkway, Grapevine, Texas, the gaming retailer’s board worked to confirm new nominees such as Larry Cheng, the first investor in Chewy and a mentor to Ryan Cohen.

Ryan Cohen, now officially chairman of the board, gave a speech via Zoom to the crowd of over 200 shareholders. GMEdd has transcribed the speech, available below.

Ryan Cohen’s Speech

…We ushered in a whole new era of GameStop. On a personal note, I want you to know I’m humbled to be elected to your board and serve as your Chairman. We have a lot of work in front of us, and it will take time.

We’re trying to do something that nobody in the retail space has ever done but we believe we’re putting the right pieces in place and we have clear goals: delighting customers and driving shareholder value for the longterm. The management team and refreshed board will remain totally focused on
these goals at all times.

We know some people want us to lay out a whole detailed plan today, but that’s not gonna happen. You won’t find us talking a big game, making a bunch of lofty promises, or telegraphing our strategy to the competition. That’s the philosophy we adopted at Chewy.

Here are a few things we’ve done so far: refresh the board, added technology and retail experience to the leadership team, paid off all our long term debt and strengthened the balance sheet, and begun laying the foundation for long term growth.

Moving forward, we want you to judge GameStop based on our actions, not our words. Thank you everyone, and as my dad would say, “buckle up.”

In an effort to give investors their Cohen-fix, Ryan spoke about the progress his team has made at GameStop.

Twitter update

Ryan Cohen has since changed his Twitter bio, proudly representing his new role at GameStop alongside his past at Chewy.

Now, investors eagerly await the Q1 2021 Earnings release, supplemental presentation, and conference call.

Source: gmegang1 on Twitter (photo), Ryan Cohen on Twitter

At 12:39 PM ET, Ryan Cohen has tweeted once again. This time, it’s a photo of a SEARS big-box retail store being torn down for good.

On the surface, parallels can be drawn between Sears’ rise and fall through an unchanged retail experience and GameStop’s past, but speculators have begun to dig deeper and look for hidden meaning in the tweet.

The Origin

The photo originates from an article titled Former Sears Demolition Begins in Uptown District to Make Way for New Innovation Community Development in the Tampa Innovation paper. We already know GameStop is likely cementing themselves in Florida, but this information alone is not enough to substantiate a connection.

The article from January 15th, 2020 goes on to state:

 This urban renewal project… will shift from the property’s traditional retail origin and fully leverage the Innovation Community potential driven by its world-class, academic, scientific, and technology neighbors.

Sounds familiar.

Chewy Parallels

What is also striking is that Ryan Cohen and Chewy are no strangers to reimagining old Sears stores, as seen through Kelli Durkin’s retweet of a 2018 article by Bizjournals.

In a move emblematic of the retail industry’s seismic shift, Chewy – an e-commerce platform for pet products – has opened a customer service facility in what was once a Sears and a Woolworth’s.

Chewy opened up their premier customer service facility in a former Sears, a “Sign of the times”Mayor Josh Levystated. Is it possible that GameStop has begun to open their new South Florida customer service facility, and Ryan Cohen is paying homage to when he turned a Sears into a center for Chewy?

SEC Form ARS

Investors have also speculated that the final remaining letters on the SEARS logo, ‘ARS’, could reference the SEC Form ARS. Security & Exchange Commission (SEC) Form ARS, or the Annual Report to Shareholders, is a document used by a public company to report its latest financial performance to its shareholders shortly before its annual shareholders’ meeting.

 As revealed as early as Q4 2020 earnings and confirmed yesterday, GameStop’s annual shareholders’ meeting is on Wednesday, June 9th. While this is an uncanny coincidence, GameStop has long replaced the considerably less informative Form ARS with the more comprehensive Form 10-K, so this would have to be released in conjunction.

In GameStop’s Fourth Quarter and Fiscal 2020 Results News Release, the Company revealed that they intend to “modify its method of communicating its quarterly financial results.” In a move similar to Chewy, GameStop announces that future financial results will accompanied by a presentation to include detailed supplemental highlights. Could this be the Form ARS the incoming GameStop Chairman may be referencing?

Let us know your thoughts in the comments and in the GMEdd.com Discord Server.

Sources: Ryan Cohen on Twitter, Tampainnovation.com, SBFJ Venture on Twitter, Investopedia, GameStop News Release

On April 16th, 2021, retail’s investing icon Roaring Kitty, made famous for his massive bets on GameStop alongside his past YouTube streams, bid farewell to his cat-themed online persona. That is, until now.

At 10:00am EST, Roaring Kitty has shocked the world and tweeted once again.

Returning to Twitter in epic style, the GameStop investor shared a video of a dimly lit cat perched up on a ledge, potentially suggesting something grand is upon us. The video is paired with the song Carmina Curana-O Fortuna by Hugues Reiner; a track that is sure to make for an intense build-up.

Some fans of the trader, who is not a cat, claim to have encountered issues playing the video, so GMEdd.com has uploaded it here  in case of concern.

Will Roaring Kitty stick around? Or was this tweet just to let us know he’s still watching? 

Source: Roaring Kitty on Twitter

The Incoming Chairman of GameStop has tweeted once again.

At 9:41 PM EST on May 28, 2021, Ryan Cohen shared a gravestone generated at tombstonebuilder.com stating his apparent demise.

RYAN COHEN
R.I.P. DUMB ASS

Ryan Cohen would not have been able to send out this tweet if he had truly passed, so we are lead to believe he’s sending a message, whether it be for laughs or discreet communication.

By using the same website used by Ryan, GMEdd was able to determine that Cohen did not enter his name in the slot that says “Some Name”. He entered his name in the slot that says messages. It is not his tombstone, but he is potentially sending a message.

Speculative investors were quick to point out an uncanny coincidence relating Ryan Cohen’s tombstone to a term used in the financial industry.

tombstone is a type of print notice that is most often used in the financial industry to formally announce a particular transaction, such as an initial public offering or placement of stock of a company.

Some believe that this could have been Ryan Cohen’s under-the-radar announcement of a finalized merger or acquisition, something that GMEdd has previously described as in the realm of possibility since GameStop has paid off their long-term debt.

Could GameStop be merging with RC Ventures?  This would potentially result in a new CUSIP for GameStop Corp., leaving remaining shorts needing to be covered before a deadline date so all outstanding shares can be traded from NYSE:GME to the new CUSIP. This is unlikely, but an interesting theory that may wrinkle your brain.

The fundamental investors at GMEdd are really hoping that GameStop has a great strategic acquisition in place that will help transform the brick-and-mortar retailer into the technology company that the Form 10-k announced it would become in March, and that it has hired for.

Source: Ryan Cohen on Twitter, Wikipedia

Ryan Cohen has tweeted once again. 

Revealing yet another comedy interest, the tweet features a .gif from a scene in American Dad. In the .gif, the character Steve is saved from drowning by floating up through something rising in his shorts.

Shortly after the scene in the .gif from American Dad! Season 11 Episode 2, The Life Aquatic with Steve Smith, Steve says, “I’m better than okay. It took me being underwater to finally see things clearly.” The scene can be watched here.

The tweet’s caption works to cover Cohen legally, just in case anyone wants to attempt it.

Don’t try this at home

Some investors and tinfoil-hatters speculate that the caption, combined with the .gif,  could be in reference to GameStop’s rising value.

“Don’t use your shorts to get out from underwater”

Share your theories on what the tweet could signify in the comments and on the GMEdd Discord server.