More GME Divide and Conquer
ℹ️ ⚔️ Information Warfare ⚔️ ℹ️
Just like what happened to r/WallStreetBets at the end of January over the weekend in r/GME suddenly the main mods got booted by new mods with a suspicious statement that they voluntarily stepped down and dissenters are getting banned. They're already reforming at r/SuperStonk and confirming that they were forced out, even the daily due diligence thread at r/GME got deleted this morning. Looks like another wake up call for those redditors.
Except they didn't issue more shares, try actually reading the statement. They already had one filed from back in December for 6 million shares which expired and they didn't release more shares then either. Also 3.5 million is not going to save hedgefunds who owe close to 200 million shorted shares at this point.
So what youre saying is i should buy GME?
And they could receive approval to issue even more. Pure dilution, and a gift a la IPO, even if it's not initial.