🚨 $GME TOXIC SWAP THREAD: The January 2021 Squeeze NEVER Ended. Here's the FULL Proof It's Still Alive in 2026 (and why MOASS is inevitable) 🔥🧵

GameStop warrants sitting at a 939% borrow rate on Robinhood. A postponement of the expiration date could create the conditions for a significant short squeeze. $GME

Would the GameStop warrants go in-the-money if Roaring Kitty filed a Schedule 13G similar to the $CHWY filing a couple of years ago? This would be based on ownership through long-term LEAP call options at the $35 and $40 strikes (rather than just $GME shares). I’ve noticed some activity and elevated open interest on those strikes for the January 2028 and January 2029 expirations.

Citadel continues to hold significant short exposure in certain equities. For context, the “securities sold under agreements to repurchase, at fair value” figure surged immediately following the GameStop short squeeze in 2021. The company remains burdened by a very large $GME short position that is reportedly concealed within swaps.

Looking at the current situation with GameStop’s warrants: Can they still be extended? Yes. Can they still go in-the-money? Yes. $GME

I’m wondering how low these GameStop warrants will ultimately go... At one penny each buying the entire float would cost around $590,000. Too many people are acting like they’ve already expired worthless when there’s still time left on the clock. It’ll be interesting to see what Ryan Cohen does with his 3 million $GME warrants.

Teddy Holdings just let its newest marketplace trademark go abandoned on October 15 after not responding to an office action. They already have two live registrations covering the same thing from 2021 and 2022. Nine days earlier GameStop locked in its POWER PACKS trademark for trading-card marketplaces and digital pack openings. $GME Timing’s interesting given the Ryan Cohen overlap, but nothing public links the two. Most likely just dropping a redundant filing. Worth watching for any USPTO moves either way.

Context: The owner of a Micromania-Zing store in Paris was protecting his storefront from looters and rioters. Micromania-Zing used to be a GameStop brand until they sold their operations in France. $GME

With GameStop warrants set to expire in just 12 days, news about a possible extension should surface within the next 48 hours. That’s the deadline window. $GME

The core problem with the current AI/tech bubble is that companies overestimated what AI can actually do. They poured massive amounts of money into it expecting big cost savings, but the reality is that using AI will likely end up costing more than just employing humans once you factor in ongoing infrastructure, upkeep, and other hidden expenses. A major overlooked risk is data security: feeding sensitive information into AI systems effectively makes that data part of a shared/cloud system (and more vulnerable to exploitation). Because these systems are self-learning and highly integrated, bad actors can potentially take advantage of that exposure. At a fundamental level, AI isn’t “thinking”. It’s a sophisticated algorithm that processes data and generates plausible responses. Those responses can also be steered or manipulated by the way users prompt and feed information into the system. $GME

It closely resembles Ryan Cohen’s earlier vision of GameStop acquiring eBay. He proposed buying the company to turn it into a serious Amazon competitor by using GameStop’s stores for authentication, cutting costs, and scaling collectibles through agentic e-commerce (AI agents that discover, evaluate, and act on purchases). $GME

Maybe GameStop will be that competitor. $GME

So if I understand correctly RC plan is apparently to force the $GME warrants to be ITM, causing them to moon due to all the shorting going on, then use this influx of value to buy Ebay, making it the first step in turning Gamestop in Gameshire Stopaway? Is that correct?

Roughly $97.2 million in buy pressure has already hit GameStop through the lit exchange. That leaves significant room left to close the gap toward the $500 million Ryan Cohen has signaled he is willing to put in. $GME

GameStop is gapping higher in after-hours trading after CEO Ryan Cohen disclosed the open-market purchase of 844,130 $GME shares today.

What if GameStop reverse-engineered the NYSE and built its own market. One where every order goes straight to the lit book the second you hit buy? $GME

$GME is still tracking the 2024 run-up pretty closely. This week looks especially interesting... It’s around the same point where GameStop hit its highs last time.

How will I know GameStop warrants are about to expire? Anyway $GME warrants will be in the money next week.

“The dumbest stock I ever bought was Berkshire Hathaway” - Warren Buffet “Investing in GameStop was a screw-up” and “so that was a mistake” - Ryan Cohen $BRK x $GME

GameStop heads into next week with the setup getting harder to ignore. $GME

Ryan Cohen has called it judgment day. I think that day is reserved for the hedge funds and market makers who remain short GameStop. $GME