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.
And they could receive approval to issue even more. Pure dilution, and a gift a la IPO, even if it's not initial.
Yeah, from the beginning this seemed the only way to actually escape damages. The trick is you have to get the company on board, besides the exchange and the regulators and the hedge fund conspirators. You can also get a friendly hedge fund to buy and sell the same shares repeatedly back and forth to the under-the-gun short-selling hedges at a fixed price, but that's blatantly criminal. Issuing infinite shares when they shouldn't is only a civil lawsuit.