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GameStopE9: The Sultan of Swaps
54 Plays3 months ago
A GME partnership with Sultan Almaadeed’s Avyen/ENVST could redefine its business model by tapping sovereign capital to bypass Wall Street, integrating AI agents to revolutionize retail, and creating an AI marketplace for developers and businesses. This transformation could position GameStop as the leader in AI-driven solutions across retail and gaming, blending e-commerce, innovation, and brick-and-mortar in a groundbreaking way.
Shorts could be doomed as this transformation with Sultan could further expose & limit naked short selling instruments.
Image Credit: Iuliia Duzhnikova
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Transcript
Return of Manny Cray and Pandora's Market Theory
00:00:26
Manny Cray
pay me wall street fuck you pay me just have to every single time i have to i kind of missed it on that one i was just checking on gme uh but here we are you got manny cray back for another episode it's been a while and i've missed i've missed this i had to take a little break around the holidays and got super sidetracked with some incredible, what I think is incredible DD, ah the Pandora's Market Theory. It put my mind at ease. I think the most it's ever been at ease when I first started this journey on this podcast with GameStop, all of the above.
00:01:06
Manny Cray
And I'm starting to realize, I'm starting to realize this podcast, these episodes are basically becoming like a character study of somebody going in blind into GameStop and the saga and all the supporting theories in 2024. Because this this has been going on for over four years at this point.
00:01:27
Manny Cray
So interesting to see as I'm looking back and reflecting on myself and all the discoveries I've made along the way, looking at these other episodes that I did, I feel like this latest theory that I wrote really put things into perspective for me in a way that, and a perspective I didn't have across all those other earlier episodes.
GameStop Saga: Complexity and Awareness
00:01:50
Manny Cray
So it's interesting to see the madness That is the GameStop saga and all the supporting theories and how it evolves and the layers and layers and layers deeper that actually goes. Like when I was interviewing always said, but truthful, truthful, he made that comment. So yeah, holy shit, there's a lot of layers to this.
00:02:11
Manny Cray
um it's just ultimately it's just very fascinating to me and it's becoming something different where it it was, you know, let's let's figure out the the riddle and the best ways to um maximize our returns on what could or couldn't be going on behind the scenes and now to me it's more of I'm just going to sit tight and wait for shorts to get fucked. So that's the evolution, essentially. And I think awareness is everything. um A lot has happened.
00:02:47
Manny Cray
since the last episode. I think it's been about, I don't know, two, just over two weeks since the last one. So awareness has become incredibly more important for me as I understand more about this story. And I was very pleased, shout out to the Echo Chamber podcast, very pleased to see other people standing up and making their voices heard, talking about GameStop and everything else that's going on.
00:03:13
Manny Cray
um Make sure it I mean I know that podcast is led by Sean Fitzy We just look really quick Sean Fitzy is leading that one doing a great job if there is like An official GameStop podcast this has my vote the echo chamber is incredible. We got to listen to it They have like three episodes out. You've got ah Boiler Polly and Chuck Hoddle And E.T., I like it. Just had to double check that. OK, so love to hear that. ah Candidly would love a million podcasts talking about GameStop, just everyone talking and talking, talking. And another one came up on my radar, Luke Olibre. Shout out to that podcast. He just released his first episode where he interviewed Remain Moon. um Remain Moon. Great, great guy. ah That was cool to hear more about your story. Great work on that one, Luke.
Pandora's Market Theory Developments
00:04:06
Manny Cray
so Come on, let's let's keep them coming. we got That's three on my list. There might be more out there. I don't know. There could be a few more, but I love that we're seeing more and more of this. More and more awareness is what is needed. It's critically necessary in the saga. and I was going to this next episode is going to be more about Pandora's market theory and all these other things um that i'm I'm trying to put together and the importance as I keep talking about awareness and all this other stuff.
00:04:33
Manny Cray
I'm going to put that episode on pause. Because a lot of developments have happened in this brief amount of time, so I will go to that one later. um Other shout outs, I did say I was going to get a shout out. um Everybody who has been supportive, I'm going to have to put that on pause, too. I just want to keep this focused for now and just looking for a few other developments. I mean, Roaring Kitty has been active on Twitter, so he had the gift ah mime I don't know if I covered this on the last one. Basically, it was a present on Christmas Day. It was an AI-generated present ah that had a gold bow and a red and green wrapping.
00:05:12
Manny Cray
So of course, you can imagine all the tin foil theories that's been from that. A lot of connections were made to what's in the box from the movie Seven, ah which is actually layered in one of the DfV memes that he released ah this summer. So my theory, which ties to the Pandora's market theory, is what's in the box? Hedges are in the box, and that just fits way too well.
00:05:35
Manny Cray
For me, I've seen the movie Seven. There's a head in that box. Spoiler alert, that's how the movie ends, and it's Brad Pitt's wife's head, and he's devastated, obviously. So if the um symbolism there is, if it is head G's in a box, that means they're cornered, they're trapped, and um we're gonna find out how, how they will be exposed exposed
Symbolism in GameStop Theories
00:05:59
Manny Cray
soon. So that'll be the next episode.
00:06:02
Manny Cray
and I'll tie in who Brad Pitt symbolizes. He's essentially the the Toots, um Prime Brokers, anyone who has been um allowing hedge funds to use these instruments to obscure the true short positions. Essentially all that theory is. So that'll be the next episode. ah that That was very fascinating to see that. So that's my theory at the present. And then the Rick James GIF came out on New Year's Day And this was kind of fascinating to see this unfold because I kind of was aware of this, but I was like, whatever. There's a lot of people that are like, oh, this is all tying to Unity, um which is a video game software. And ah some of their video games
00:06:47
Manny Cray
Uh, they did have the, the software tied to a couple of those memes and DFE, uh, memes earlier on. So like I kind of can see how that relates, but before the Rick James gif.
00:07:00
Manny Cray
And the Unity ties later on in the Steve Chappelle Rick James reference. He has a ring that says Unity and he wiggles his hand out. So with with this theory building before that, that really blew it off the top. But before that, as I wasn't even paying attention.
00:07:16
Manny Cray
It was, you know, uh, the time magazine cover referenced use or like reflective, computer monitor screen from like 2000 or something. Can't remember when that time magazine came out, but it was saying you are on the time cover magazine and.
00:07:32
Manny Cray
I guess the way you would interpret it would be like we all are, we all are on the Time Magazine cover, kind of like the original meeting meaning of that Time Magazine. But the the you ah theorists were seeing that as the symbol, you. It's just the symbol is just one letter, it's you.
00:07:52
Manny Cray
So they thought that meant unity. Then they saw the the Christmas gift and it was a box that was shaped like a unity symbol. So I'm like, all right, that's a stretch. I thought those two things were a stretch and it's literally the same, ah you know the the the gift, the present emoji, that looks like exactly like that basically. So I'm like, no, I don't think so.
00:08:15
Manny Cray
And then, of course, this Rick James thing comes out and it's just I have to laugh because I wasn't involved. um Not funny for people that were, I guess, but they had a really good run and um hopefully some people took advantage. But it was just funny. It looked like.
00:08:29
Manny Cray
Oh, maybe this is a thing and that unity ran and it came back down, whatever. Anyway, Rick James is kind of motioning Dave Chappelle and this gift that Roaring Kitty shared, like, come to me, come to me. So it looks like the way I'm kind of interpreting this is he is waiting for an opportunity or something set in motion where um some shares will need to be delivered, something like that is what I'm thinking.
00:08:54
Manny Cray
So I think there is a big opportunity here. And I keep
Sultan Al-Madid and Ryan Cohen: Strategic Moves?
00:08:56
Manny Cray
saying, I mean, avoid Pandora's market theory for the next one. I keep talking about it anyway. ah One to cover those two things. And this will lead into the the purpose of this episode, which is focus on Sultan Al-Madid. So this is fascinating. I mean, this picture came out with Ryan Cohen and Sultan. And um i guess I guess right before that,
00:09:23
Manny Cray
It was like, well, I'll finish that then. So Sultan and Ryan Cohen were in this picture together, and ah Sultan released this picture of himself with Ryan Cohen on his LinkedIn, and it says, time for bigger and better partnerships. So what do you think the GameStop community did? We went nuts, right? Okay. ah You can only imagine what stems from that.
00:09:46
Manny Cray
But on January 11th, so today today is the 17th. This came out on like the 15th. 15th. So a few days before then, Ryan Cohen replied, and he is rarely active on X. And he said, we're sand dunes or wait where sand turns to skylines and the future is built. And I did a repost.
00:10:07
Manny Cray
One interpretation here, this is it's transformation time. Because that's what it's talking about. It's talking about sand turning, transforming into skylines, and the future is built. So that was very indictive that of that indicative of that. So he was responding to some post about the UAE and how it's kind of exclusive of a lot of violence and other malpractice.
00:10:32
Manny Cray
So that was interesting. And then five days later, we see Ryan Cohen and Sultan Almadid. So who is Sultan Almadid? And that's what we're going to get into on this episode.
00:10:43
Manny Cray
And spoiler alert, I'm going to call this episode, I mean it's not a spoiler alert at this point if after I finish recording and publishing this episode, you'll see the title of this episode. um I see some major potential here that I'm very much excited about. I think this could be a big fucking deal to be completely frank.
00:11:03
Manny Cray
ah And if anything, I'll go on both sides, too. i'll I'll check myself because we could be misinterpreting it. It could be nothing. And I could show you or talk about some supporting evidence for that as well. um But Sultan, if this if this comes to fruition and I see these partnerships coming together and what that could potentially mean, um I'm already giving him the nickname, the Sultan of swaps. And that will probably become I don't know what we'll see, but that's that's the nickname tentative nickname for Sultan on the deed, the Sultan of swaps. And I'll explain why this is huge.
00:11:39
Manny Cray
Okay, so Sultan's background. Who is this guy? He's a Qatari businessman um with deep ties to sovereign wealth, innovation, and global partnerships. So he's very well connected. He's a billionaire. I don't know his true net worth, but this guy is, he's global. um he's ah He's literally literally global.
00:12:03
Manny Cray
And he he focuses on global partnerships and he's currently, guess just straight up looking at his LinkedIn. Um, looks like his current experience is with Avian. I might, I might be mispronouncing that, but it's based out of the UK and he co-fund and co-found,
00:12:20
Manny Cray
um you know, his partner there, I suppose. And they co-found next generation companies. And if you look at Avian, they focus on socially, and I'm just reading from their LinkedIn, socially important topics such as financial inclusion, investing, energy transition, black blockchain technology, decision-making, and automation by conducting cutting-edge research in data science, artificial intelligence, machine learning,
00:12:49
Manny Cray
and high performance computing. computing So I stumbled through that, but think about that. That's kind of a big deal as you think about how it relates to GameStop, right? And he's been publicly advocating for AI-driven innovation and partnerships um globally, specifically between the Gulf and US entities.
00:13:10
Manny Cray
And his his background, so kind of going to some of his other background that I pulled and what I did, just be transparent here, I went very thorough. I went through all of his posts for like the last four years and I copied and pasted most of them in chat GPT, just kind of get a feel for his um his his focus, his strategy, his vision, his connections. And that's where this all stems from.
00:13:38
Manny Cray
So looking at some professional roles, uh, I guess earlier in his career, uh, uh, he worked at the Qatar investment authority. Is it authority? What's that a stand for QIA? Yeah. Qatar investment authority. Um, where he orchestrated multi-billion dollar mergers.
00:13:58
Manny Cray
Okay. So think about that. There's a couple of examples. I don't really know these mergers, but Fairmont and a core and a pog Lloyd and U A S C don't know that. Um, but I'm an idiot. So, you know, do with that. So, and then he, he also worked at Harrods estates, uh, from 2015 to 2018.
00:14:20
Manny Cray
The QAA experience was 2013, 2019, to side note, but at Harris Estates, he managed a $2 billion dollar European real estate portfolio, including iconic assets like Cartier headquarters. So, okay.
00:14:36
Manny Cray
think about that. ah Global partnerships, so I touched on this a little bit, but he had joint joint ventures, 300 million with French sovereign wealth for innovation, 600 million for serviced residence funds in Asia and Europe. He has deep ties with financial heavyweights,
00:14:55
Manny Cray
Like this is where it's crazy just to see this guy's globe trotting these four years, right? And all of these LinkedIn posts. And he's taking pictures with all these ah key figures in the finance and industry and across all a ton of industries, to be honest, but um with JP Morgan, with Blackstone and with Bridgewater Associates,
00:15:17
Manny Cray
And to go down that lit, like 10 months ago, um he met with Andrew Cohen, another Cohen unrelated executive chairman of j JP Morgan. And then 11 months ago, so a year you know further back than that, he met with Stephen A. Schwartzman of Blackstone, the CEO and founder of Blackstone.
00:15:38
Manny Cray
And then the same month, 11 months ago could have been the same summit or a convention or something. He met with Ray Dalio, who was the founder and member of the Bridgewater board. So we're talking to somebody with.
00:15:53
Manny Cray
global influence, billionaire, well connected, which is kind of crazy. And the use of the word time. um He had a quote where he talked about on one of his posts. I think this is well over a year ago. I'll double check. Hold on. Or I'll just go through all the lists.
00:16:09
Manny Cray
um All the times he referenced time in LinkedIn posts, and we'll kind of go through why that could be relevant. So four months ago, he talks about, greetings from Qatar. Let's go build and co-invest in future of humanoid bots, basically. Time for AI to leap into the physical world. So this guy is extremely innovative. Okay.
00:16:32
Manny Cray
Now going back further, let's see. There was another, this is what was kind of interesting. So like we were saying in that picture with Ryan Cohen, it says time to build more partnerships. Is that what it said? No, his picture with Cohen said time for bigger and better partnerships.
00:16:49
Manny Cray
And I'm making that distinction because, uh, 10 months ago, he has a post that says Paris time to build more partnerships. So I thought it was kind of like his thing he said, but it's different. This one's different. Um, with Cohen bigger and better partnerships is different than saying time to build more partnerships.
00:17:05
Manny Cray
So he he kind of uses similar language previously so that could be a coincidence um But of course you think about the 10th oil 10 foil enthusiasts out there. He had specific intentional use of capitalization and that Cohen post where it was time to build bigger and better partnerships bigger and better and Partnerships were all capital. So that was just hey worth highlighting kind of interesting ah and then what I was getting to
00:17:35
Manny Cray
So yeah, this one, about a year ago, he posted in LinkedIn, time is the only non-renewable resource. So just kind of getting an idea of how he thinks. And that really to me is just, I mean, that could mean anything, right? but It means like the time it is now, right? You got to get going. You got to act fast if you want anything to happen. so I don't think this guy fucks around. I think you but he pulls the trigger when he wants to make a decision, and he does deep, deep ah diligence on all of all of his investment decisions from what I've seen. Just you know surface level sharing some of the stuff with you.
00:18:13
Manny Cray
ah but why is time important? And this is where, okay, this is where we can get, and this is honestly what prompted my deep dive into Sultan, where we were looking at meme videos from Roaring Kitty back in the summer. And one of them was of Aladdin. And ah there's a lot of clues and riddles in there. And when you think about latin Aladdin, ah that's, I mean, that,
00:18:36
Manny Cray
The roots of Aladdin are from Middle Eastern fort folklore, so at the tail of the ri Arabian Nights and everything. So as as you're watching this meme video from Roaring Kitty, he has this scene where Aladdin's running through and he says, I'll tell you all about it when I have the time. And then there's clocks, and there's these clocks are pointing at different numbers. And people obsessed over this for a while until somebody realized that it literally deciphers, uh, the clocks decipher to say the time. So hilarious. Uh, everyone felt like they're getting trolled. But when you think about the use of time, uh, uh, in that meme video, how it connects to like middle East. And then as Sultan comes up, uh, from Qatar, the middle East, right. Um, and the use of time here, I mean, the way Cohen phrased it, you know,
00:19:30
Manny Cray
He didn't specifically say time, but he was talking about a transitionary period. um I guess we can kind of stretch the meaning of time quite a bit. ah But yeah, just seeing how Sultan says time here.
00:19:43
Manny Cray
And then obviously specifically in that picture with Ryan Cohen, time for bigger and better partnerships. So I'm seeing the middle Eastern connection here. I'm seeing the time connection and it just jumps out. It jumps out people, you know, so that's what I was curious about.
00:20:00
Manny Cray
If this is true, if Roaring Kitty was referencing any sort of connection with Sultan Al-Madid and Ryan Cohen and GameStop, whatever, he would have had to have seen that connection well over eight months ago. That Aladdin meme video came out i mean May 2024. So what the hell could he have seen ah to make this connection if it is that connection? But seeing how this ties back It doesn't seem like that much of a stretch. This guy has been globally connected billionaire for quite a while.
00:20:33
Manny Cray
um So yeah, maybe he did see something and that's where I kind of rest my head a
AI and GameStop's Future Transformation
00:20:38
Manny Cray
little bit. Cause I'm trying to go deep, see if there's anything easy I can find. Uh, I even looked up all the trademarks under his name. Um, I looked up SEC filings and it was just stuff tied to his current endeavors. Uh, so there wasn't any new breadcrumbs. Like I said, I looked through his whole LinkedIn for the past four years. Uh, he doesn't have much on X. I don't think he has anything.
00:21:00
Manny Cray
So I tried to see what DFV, Roaring Kitty could be seeing, um but where i where I was saying, ah where I was getting to, where I kind of rest my head on some of the stuff is I don't have hundreds of millions of dollars. um I don't have access to a lot of things. I don't run in the same circles as someone who would have hundreds of millions of dollars. So there's just simply information that's not available to the retail investors.
00:21:25
Manny Cray
Uh, and that's, that's why there's so many theories out there on, on Reddit. So I'm just, I'm going to say, Hey, it's a theory. It's a theory that DFV could have seen something way back when that tied to Sultan Al Madid. And now we're seeing this come to fruition. And you think about the time magazine cover.
00:21:45
Manny Cray
Um, you know, the time is now time you cover all this stuff, right? So it could be time for us to see what the hell is actually going to come out of this. Just very interesting, very fascinating to see this picture, which could have been initially, I think a lot of the community is like, that's fascinating. That's could be something, but it could just be a picture, right? So I started digging in and I feel like there is more to it.
00:22:12
Manny Cray
just based on some of this stuff. So let's get into it a little bit further.
00:22:16
Manny Cray
And when you think about, so Avian, and he also has Invest, which is all capital letters, E-N-V um-S-T. So Avian focuses on co-building companies and securing capital for innovation.
00:22:33
Manny Cray
So we'll talk about that. um We'll definitely talk about that. And Invest, E-N-V-S-T, is a FinTech initiative potentially enabling trading platforms that empower retail investors. So think about that too. We'll talk about both of those. um And I guess starting with the first one, with Sultan's expertise,
00:22:57
Manny Cray
In sovereign backed funding, this could allow GME to bypass Wall Street securing patient capital for transformative growth. And I pause and what is patient capital? It's a long-term investment strategy that prioritizes sustainable growth over quick profits. So long-term play people, long-term.
00:23:19
Manny Cray
Uh, it's, it's essentially, um, well, let me explain this a different way. So it it can be in the form of debt or equity and investors, um, have to be willing to wait several years for returns. So if there is some sort of partnership, the longterm, uh, piece of this would really just be the investment and, um, you know, the, the two, uh, the merging parties. So if it is.
00:23:45
Manny Cray
Hinting at that I guess would be the long-term return more on Sultan's side is how I'm thinking about it. Who knows? Partnership agreements, I don't know anything about him. So it could be on both sides. But that's just kind of Sultan's background. That's how his mergers have worked historically.
00:24:02
Manny Cray
and getting that type of capital that's that's sovereign backed funding. So we already know $4.6 billion dollars that GameStop has is a lot of cash.
00:24:13
Manny Cray
um But if they were to get a lot more through some sort of partnership and ah not from retail by di diluting, diluting, diluting, um that's a really good way to bypass Wall Street, get billions more on the books in the form of a partnership, in the form of a sovereign-backed funding.
00:24:31
Manny Cray
um That's kind of tough. Kind of tough. You don't have, uh, you know, dilution or anything like that. So one way to bypass wall street, and I think I backwards said that as I usually do, but that's the thought there. So here's what's very fascinating too. And this is hot off the press, like literally as I was starting up this podcast here on the 17th, I'm looking through a LinkedIn and.
00:24:56
Manny Cray
I refresh the page once, and guess what? Sultan had a new post. And what's fascinating about this new post, I think is very telling, it says, who is building the AI agents store, similar to the app store?
00:25:14
Manny Cray
And that's like, huh, I don't know what the hell that means. So of course I looked into it as I'm getting ready to hit record here. Um, the AI agent store, similar to app store. So first thing I do is I Google it, you know, what's, I basically just googled the whole phrase, see what happened, see what happens, see what shows up. I come across this article from Think Tank. Um,
00:25:37
Manny Cray
And it says, transforming the retail store with AI agents. And the key points about this one, uh, this article, uh, the curious areas are a personalized customer interactions, uh, with, with AI assistance. So that's not unheard of. And then it's inventory management through real time analysis.
00:25:59
Manny Cray
which is pretty compelling. ah you know you know I think that could really um catapult a company that's lacking in that area. And then ah employee efficiency with AI tools aiding in store operations. So you think about it as like a ton of supplemental um things to implement into your business operations, which is just kind of interesting. So as Sultan's saying this, you know, who is building the AI agent store? It could suggest that he's thinking at a macro level, creating a centralized marketplace or platform for these AI agents, just like an app store.
00:26:36
Manny Cray
And it could align with GameStop's potential ah to repurpose its retail stores as hubs for innovative tech-driven experiences. So we see all these stores shutting down. There is, what, was there 300 last year? And the latest release said, you know, likely see going to see more of that. So hundreds more closing this year.
00:27:15
Manny Cray
um So let's think about that. If this theory is true, how would that play out? The implication for GameStop, it's reinventing that retail experience. So those physical locations would integrate ah AI agents to provide tailored recommendations based on customer behavior. It would enable immersive in-store experiences with AI-powered gaming stations, ah streamline inventory and supply chain operations with AI-driven tools. Then it would also have ah position GameStop as an AI marketplace. So GME could partner with Sultan, um you know, I guess this would be more with Avian versus Invis to build or host AI agent marketplace that would, ah where developers and companies could ah deploy, sell, or use AI tools. So kind of similar to that NFT marketplace.
00:28:05
Manny Cray
So I could see a lot of overlap there if they already have that infrastructure that could cut back on a ton of costs. um And it would position GameStop as a go-to platform for AI solutions in the retail and gaming and industries, which would blend e-commerce and AI and brick and brick and mortar all all together, all three of those things, which is that's GameStop. That sounds like transformation to me. I don't know about you, but that sounds pretty transformative.
00:28:28
Manny Cray
And then the third area is AI enhanced customer engagement. So GME could offer AI powered assistance for online and in-store shoppers, providing personalized product suggestions, gamified loyalty programs using AI, and AI backed community tools for their gamer base. So that's pretty fascinating.
00:28:50
Manny Cray
And if you think about how this challenges Wall Street, a pivot like this would fundamentally shift GME from being seen as a struggling retailer, which that's been the argument for a long time. It's the old as bear thesis, the blockbuster bear thesis, and now would be seen as a cutting edge, AI enabled retail innovator. Think about that.
00:29:09
Manny Cray
Whoa. All right. Hedge fund shorting GME based on outdated narratives would be forced to rethink their positions. So there we go. There we go. If you're, if you really want to fuck shorts that are obscuring their too short positions using offshore instruments. Hey, let's, let's turn it into something else. And then you're really fucked. Okay. Damn.
00:29:33
Manny Cray
this I just get excited. That's that's why the sultan the Sultan of Swaps ah episode had to take precedent here. um And then you think about, so bypassing the traditional financing, which I talked about, this partnership with Soltan, leveraging the Gulf sovereign wealth capital to fund this transformation, if there's more needed beyond a 4.6 billion. And I'm sure if they're gonna do something like this, they're gonna run the the revenue forecasts and make sure it makes financial sense. They're not gonna just deplete the bag and say, we're not gonna get any money back in,
00:30:06
Manny Cray
you know, a decade or whatever. So it's got to make sense. They'll do their due diligence this time. um Everything is weighing on it at this point. So that's huge. And that avoids reliance on Wall Street. So get fucked.
00:30:21
Manny Cray
And then ah the third part of this, disrupting the retail landscape. So embedding AI agents across its stores, the GameStop stores and platforms, GameStop could challenge Amazon-like dominance in the gaming and retail spaces. So that creates a new growth narrative, a completely new bull case and a completely new bear case. fuck shorts. I'm just going to keep saying that.
00:30:43
Manny Cray
And I don't think this is that much of a stretch as you think about some other ah part of Sultan's history. he In the past, he's invested it in other disruptive AI companies like ah Palantir and Babylon Health.
00:30:57
Manny Cray
Which, I mean, that shows a track record. he's at um He likes to seek these opportunities where ah there can be opportunities to leverage technology to impact and disrupt industries. So this is what this guy is good at. This is why ah he'd be seen shaking hands in a picture with Ranko.
00:31:17
Manny Cray
you know, so to speak. So why else? Why else? Unless it's like, Oh, hey, cool. I know you. I'll take a picture, which, Hey, that's what I would do. Um, but when you have a 10 foil enthusiasts community, of course, of course everyone's just going to go crazy with that thought. So that's why, I don't know. I think it's more than a picture. It could just be a picture, but holy shit. This is, if something is cooking here, this is a huge opportunity. This is a huge opportunity.
00:31:44
Manny Cray
And there's a lot here. There's a lot here. So even without the transformation, I feel like That's the wild card in all of this. I see many other major catalysts for GameStop, which I'll talk about in the Pandora's Market Theory.
Concluding Thoughts on GameStop's Transformation
00:31:59
Manny Cray
But looking at you know this history, and this is part I'm going to blend in some of this other theory, but how hedge funds have historically ah suppressed GME through so swaps, synthetics, and offshore loopholes.
00:32:12
Manny Cray
um you know A lot of that is getting exposed. There's a there's global financial catalysts that are, um I believe, are going to expose this and prevent this and sever some of those outlets and alternative options that you would have to hide true short positions like Brazil's new tax reform that was effective January 1st, 2024, which I'll go into in the next episode, as the yen carry trade unwinds. you know that I think i talked about yeah I talked about that in the last one. So think about where all this money ah has to ah come from. as to You have to close positions elsewhere to pay back your loan in Japan if those interest rates are going up.
00:32:55
Manny Cray
So you got to squeeze this position somewhere else. um And it makes sense that that's something that ah Roaring Kitty highlighted. So there's a lot going on, it's putting a lot of strain on this, even without this transformation, which this is the most compelling evidence I've seen of a GME transformation.
00:33:15
Manny Cray
So then if you if you have the sovereign wealth funding to make this really go through and be as powerful and impactful as it needs to be, that bypasses Wall Street fuckery. And then the ai you know if you think of the AI-driven yeah-driven transparency tools like the blockchain enabled systems, um that could disrupt short selling practices.
00:33:39
Manny Cray
And here's the other thing, Sultan might have a grudge, might have a grudge against Wall Street. He has some history. um Arc Global ah was an IPO that raised $345 million, dollars but it faltered.
00:33:54
Manny Cray
had to close the IPO. And it's something, I mean, Sultan was his very um enthusiastic about this. ARK Global, A-R-K-I, was a nasdak NASDAQ listed IPO, and then it had to had to be closed.
00:34:11
Manny Cray
um But he was quoted this kind of interesting his quote when it was listed He said we've barely seen the first wave of sovereign investment in innovation We intend to drive the next bigger wave by connecting visionary teams with patient Capital in order to change our world for the better faster So this guy is great um I like the way he's investing and I think he he likes to invest in things that just drive humanity forward.
00:34:43
Manny Cray
um He has a lot of really good investments in like health and environment and stuff like that. So I like this guy. I think this is a really good partnership. I think there's huge fucking potential with all of this. And if he has a grudge and wants to give it back to Wall Street, this is one hell of a way to do it while making a lot of money along the way. So, I don't know, could be a mic drop. Could be a mic drop.
00:35:08
Manny Cray
That picture that Sultan and Sultan Al-Madid, I'll say his full name, and Ryan Cohen picture together could represent a potential power shift in how GameStop could redefine itself. I don't know. It could just be a picture. ah But if this partnership aligns, I mean, it's not just a move for GME, it's a statement against Wall Street's control over innovation and retail.
00:35:32
Manny Cray
So there you go. I don't know. I think this is good, people. I think the Sultan of Swaps is going to earn his nickname. I'm very excited to see how this develops. Thank you for listening to this episode. Until next time, everybody. Peace out.