THE ECHO CHAMBER – EPISODE 84

Fake AF

June OPEX week is here, and despite GameStop posting what may be the strongest quarter in company history, the stock continues to trade near the lows of the year. Fitzzzy is joined by DiamondApe69 and IB35Y45 to break down the newly released 10-Q, the company's $10 billion cash position, the newly authorized $2 billion share buyback program, and the latest update to GameStop's growing eBay position. We discuss what stood out in the filing, what may come next, and whether the market is completely ignoring the fundamentals.

We also spend lots of time talking about shopping GameStop, Power Packs, Pokémon, PSA grading, and GameStop's growing collectibles business.

In the second half we get into the Week in Review on the chart and discuss what may be coming with June OPEX, the upcoming shareholder meetings for both eBay and GameStop, and potential catalysts between now and then. And don't forget—hot sock talk.

Timestamps

0:00 - 3:00 — Intro, pre-show, overnight trading, and Drunk on Dreams joins the chat

3:00 - 12:00 — Early earnings, 10-Q discussion, cash position, and $2 billion buyback authorization

12:00 - 30:00 — Shop GameStop, Power Packs, Pokémon, collectibles, and PSA grading

30:00 - 45:00 — Twitter talk, GameStop social media, the puppy, Sultan, community discussion, and memes

45:00 - 54:00 — Updated eBay position, latest 425 filing, eBay shareholder meeting, and acquisition discussion

54:00 - 59:00 — IB, ChatGPT automation, Robinhood, and hacking together a GME buying bot

59:00 - 1:41:00 — Week in Review, GME chart, hopium, borrow rate, 30-day IV, max pain, GME.WS chart, “dippest before rippest,” and Chewy chart

1:41:00 - 1:51:00 — Options, cycles, August outlook, potential catalysts, and FUD

1:51:00 - 2:03:00 — Sock Stop, more sock talk, and community announcements

2:03:00 - 2:06:00 — BP space

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