The Echo Chamber

Episode 83

"A Quarter for the Ages"

Q1 2026 was one for the record books, and there was plenty to talk about this week. Fitzzzy is joined by @Furu_Bartuc to break down GameStop's surprise record-breaking earnings report, the newly authorized $2 billion buyback, and the latest amended 13D that pushed GameStop's eBay exposure to roughly 9%.

We dig into the earnings numbers, discuss what could still be hiding in the pending 10-Q, review the week's market action, and spend some time talking Power Packs, collectibles, PSA's loyalty program changes, and future growth opportunities.

There is always a little tinfoil too

Timestamps

0:00 – 5:00 — Intro, surprise earnings reaction, record quarter, buyback authorization, and eBay position update

5:00 – 7:45 — Initial earnings discussion, stock reaction, Wednesday's 13% move, and expectations versus price action

7:45 – 24:30 — Buyback deep dive, Ryan Cohen purchase theories, warrant implications, timing of repurchases, and potential impact on share count and valuation

24:30 – 35:30 — Q1 earnings breakdown, revenue growth, operating income, cash position, profitability, and discussion of the pending 10-Q

35:30 – 45:00 — eBay position update, amended 13D, additional share purchases, HSR discussion, voting power, and long-term acquisition strategy

45:00 – 49:30 — Roaring Kitty intermission

49:30 – 1:20:00 — Week in Review, market action, volume analysis, DBR indicator, gaps, option chain discussion, borrow rate, max pain, and some $22 calls that came in on Friday

1:20:00 – 1:35:00 — Power Packs, Shop GameStop, collectibles revenue, PSA shutdown, loyalty program discussion, and future growth opportunities

1:35:00 – End — Roaring Kitty timeline, June 9 birthday tinfoil, RC customer service tweets, Flipmode getting a reply from RC, shareholder meeting speculation, community announcements, closing thoughts, and looking ahead to the 10-Q and July 7 shareholder meeting

Thank you to everyone who listens and downloads the show each week. Special shoutout to all the homies in TEC on discord

You can watch this episode recorded live on YouTube here and join us every week as we record. Follow us on Spotify, Subscribe on YouTube, and follow on X @EchoChamber741 for all future episodes and updates.

Come say hey on X: @ShaunFitzzzy and @Furu_Bartuc