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224
Holy πŸ’© Eyes on πŸ‘€ ! GameStop is up 15% on news of potential stock split. Will it be 1:2 or 1:5 or maybe 1:7 ??? This will open the floodgates as they will have to count actual existing shares. Synthetic fake shares can no longer hide! (seekingalpha.com)
posted 3 years ago by What-Me-Worry 3 years ago by What-Me-Worry +225 / -1
70 comments share
70 comments share save hide report block hide replies
Comments (70)
sorted by:
β–² 26 β–Ό
– Honor+Duty 26 points 3 years ago +26 / -0

I got 1 share. Not selling until I can buy Mar a lago.

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β–² 8 β–Ό
– Gitmo-or-Bust 8 points 3 years ago +8 / -0

30 DRS’d shares here. MY TITTIES ARE JACKED!

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β–² 2 β–Ό
– BecauseYoudBeInJail 2 points 3 years ago +2 / -0

Trust the fish

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β–² 12 β–Ό
– OkieBowhunter 12 points 3 years ago +12 / -0

Ryan Cohen has tweeted 741 numerous times.

7 shares for 1? It's getting spicy and I'm cozy AF!!!

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β–² 6 β–Ό
– deleted 6 points 3 years ago +6 / -0
β–² 4 β–Ό
– deleted 4 points 3 years ago +5 / -1
β–² 4 β–Ό
– ZerroDefex 4 points 3 years ago +4 / -0

There really is no excuse, instructions have existed for months: https://www.reddit.com/r/Superstonk/comments/tdxn3w/computershare_megathread/

The only complicated one is IRAs, that is a whole clusterfuck with no easy answer.

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β–² 2 β–Ό
– deleted 2 points 3 years ago +2 / -0
β–² 2 β–Ό
– JulesW 2 points 3 years ago +2 / -0

Depends on their broker. Not everyone here is in the USA and not all brokers allow it. The easiest way I’ve seen is transfer to fidelity (about 2-3 days) then after they settle transfer to computershare (another 3-5 days). Then you own them in your name, no fuckery can take them.

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β–² 1 β–Ό
– RandoMando2A 1 point 3 years ago +1 / -0

Thank you. I just submitted the outbound DRS transfer to TDA today for my 4 GME shares…lol. They said done in 7-10 business days. Forgive me for not being up to speed but I have 4 AMC as well. Are we DRSing these too? I thought the play on AMC was dead. On a lighter note I got 900 HYMC at $1.15 and I’m rooting for Putin.

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β–² 0 β–Ό
– deleted 0 points 3 years ago +2 / -2
β–² 2 β–Ό
– OkieBowhunter 2 points 3 years ago +2 / -0

This is the way!!!

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β–² 10 β–Ό
– What-Me-Worry [S] 10 points 3 years ago +10 / -0

Mentioned six times:

u/#q3872

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β–² 9 β–Ό
– Based_in_Space 9 points 3 years ago +9 / -0

Yes

Shall we play a game?

Game over.

Might be other hints

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β–² 7 β–Ό
– Antwon 7 points 3 years ago +7 / -0

GME is just the tip! Jamie Dimon and the boys, have to decide, stop the MEME stocks from destroying us, or stick with manipulating precious metals! Either the Ruble, (GME and AMC) or physical gold and silver, are getting ready to destroy the federal reserve and banks, to large big to fail! Bring it on!

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β–² 3 β–Ό
– Tiger19 3 points 3 years ago +3 / -0

LETS GO. Fuck Jamie Dimon

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β–² 7 β–Ό
– p1lgrim 7 points 3 years ago +7 / -0

The key here is that is is a stock split DIVIDEND.

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β–² 6 β–Ό
– MakeAmericaWinAgain 6 points 3 years ago +6 / -0

This is the big part everyone is missing out on. How can hedgies provide the stock dividend on a stock split with an ever decreasing float and over-sold stock?

The pig is about to pop!!

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β–² 1 β–Ό
– What-Me-Worry [S] 1 point 3 years ago +1 / -0

Yes. Thanks for pointing that out. I was too excited about the split, I didn't realize the additional ramifications of the dividend when I posted this.

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β–² 6 β–Ό
– Goyard88 6 points 3 years ago +6 / -0

All you need is 1.

Theoretically, if they've created 1 synthetic for every 1 real share (some say 100:1), then you get to pick the price you sell.

But realistically, you get the max insured amount because no one will be able to pay. $200 for $500k is a good investment imo.

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β–² 5 β–Ό
– canehdianonmus 5 points 3 years ago +5 / -0

Hella good investment! That's exactly where I'm at.

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β–² 3 β–Ό
– JulesW 3 points 3 years ago +3 / -0

I’ve read the insured amount is based on your cost not gains which is really shitty. DRS and don’t take chances.

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β–² 5 β–Ό
– FOREVER_MAGA 5 points 3 years ago +5 / -0

640 safely DRS'd... I'll be sending more over tomorrow.

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β–² 5 β–Ό
– JulesW 5 points 3 years ago +5 / -0

Daddy?

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β–² 5 β–Ό
– ILoveIvermectin 5 points 3 years ago +5 / -0

7 for 1

Aka

7.4.1. Get it?

πŸš€πŸ¦

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β–² 5 β–Ό
– OGpat 5 points 3 years ago +5 / -0

Very interesting.

https://apple.news/AhySQIwCPR3-4ObQT1InHsg

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β–² 5 β–Ό
– Hopiumaddict 5 points 3 years ago +5 / -0

u/#hopium

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β–² 5 β–Ό
– shitpost881 5 points 3 years ago +5 / -0

So if you have 1000 naked shorts to buy would that make it 5000 now? Could this be a way to bankrupt the naked short sellers?

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β–² 4 β–Ό
– ILoveIvermectin 4 points 3 years ago +4 / -0

I think a share recal has to happen.
β€œThe count is wrong” Lulz

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β–² 3 β–Ό
– shitpost881 3 points 3 years ago +3 / -0

The price is wrong Bob! - happy gilmore.

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– ILoveIvermectin 2 points 3 years ago +2 / -0

Infinity stock split incoming.

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β–² 4 β–Ό
– canehdianonmus 4 points 3 years ago +4 / -0

That's exciting!! I do have a question. Once we get to the moon (I'm going to hodl till we reach the far side) will we be able to sell these shares? I always thought this was just a way to bring down the shorts, never really expected to get anything from them.

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β–² 4 β–Ό
– ILoveIvermectin 4 points 3 years ago +4 / -0

Earth moon or moons of Banana in Uranus?

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– Newusertopumpmemes 3 points 3 years ago +3 / -0

Haha, diamond hands because unbreakable principles.

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– canehdianonmus 7 points 3 years ago +7 / -0

Yes! I was thinking hundreds of dollars/share. I could watch that go but if we're talking 10s or 100s of thousands, that's a different story. Am I compromising my principle if the hedgies are taken down and I can help secure my financial future, and maybe my kids? I say it's a win win. Lol. I still expect absolutely zero from this but it's been good fun watching.

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β–² 7 β–Ό
– Macho_MaamV2 7 points 3 years ago +7 / -0

You don't sell the stock. You borrow against it as collateral on the other side of the moon.

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β–² 1 β–Ό
– What-Me-Worry [S] 1 point 3 years ago +1 / -0

I also eat crayons, it that a real thing, borrowing against your own shares?

They sell so many other voo-doo financial schemes, it really wouldn't surprise me if we could.

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β–² 6 β–Ό
– JulesW 6 points 3 years ago +6 / -0

Don’t paper hand in the 100s of thousands dude. This shit is going to β™Ύ.

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β–² 3 β–Ό
– PolishBaldEagle 3 points 3 years ago +3 / -0

Hedgies who shorted may be forced to buy eventually. In the stock market, in order for you to sell, there must be a buyer. Let’s see who is willing to pay moon prices

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β–² 4 β–Ό
– canehdianonmus 4 points 3 years ago +4 / -0

That's what I'm thinking. It's not going to be a matter of willing to pay but forced to pay. But then they have to have the ability to pay. 1:7 split then moon prices, no one can cover that.

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β–² 3 β–Ό
– AllMostThere 3 points 3 years ago +3 / -0

When margin call happens the hedgies are forced to buy and wont have any control over the buying price.

It will be automated by that stage. Just a computer buying any available shares to cover the shorted amount...no matter what the price is.

When the price moons and Citadel runs out of money, then their insurers will have to pay. When the insurers run out of money then the higher dominos will have to pay and start to fall...this will continue all the way to the Fed.

If biden pulls the plug and offers a capped settlement price of say 1 million per share, than the US stock exchange will lose all international trust. The whole world will see them as a bad comedy joke and abandon them forever. The Gov cannot allow that to happen...its checkmate.

You should read some of the early DD's like atobitts "House of Cards series".

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β–² 1 β–Ό
– PolishBaldEagle 1 point 3 years ago +1 / -0

I thought margin call was already supposed to happen

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β–² 1 β–Ό
– AllMostThere 1 point 3 years ago +1 / -0

When margin call happens the MOASS will begin.

They have been keeping margin call at bay this whole time through various fuckery.

Ken Griffins (Citadels) plan is "survive one more day". He has mentioned this in previous interviews about the 2008 GFC.

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β–² 1 β–Ό
– FreedomFlowerDelta 1 point 3 years ago +1 / -0

This is the key. They force hedgies to cover through margin call and the like. This drives the price up. However, no one buys GME if it gets to 1000000000000000....so no one can sell. And poof, back to 40

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β–² 4 β–Ό
– AllMostThere 4 points 3 years ago +4 / -0

Margin call will force hedgies to cover.

Forcing them to cover means forcing them to buy... at whatever price.

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β–² 1 β–Ό
– FreedomFlowerDelta 1 point 3 years ago +1 / -0

Right

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β–² 4 β–Ό
– Based_in_Space 4 points 3 years ago +4 / -0

To the Moon!

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β–² 4 β–Ό
– fastwalker 4 points 3 years ago +4 / -0

How bad will robinhood screw me out of this

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β–² 7 β–Ό
– ZerroDefex 7 points 3 years ago +8 / -1

Severely because you're smooth enough to STILL be on Robinghood. Seriously get the hell off of that thing already.

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β–² 5 β–Ό
– FOREVER_MAGA 5 points 3 years ago +5 / -0

Maybe consider transferring your GME over to Fidelity. Give them a few days once there to settle. Then call Fidelity and request a DRS transfer to ComputerShare. I don't believe you need to already have an account set up at CS.

There, your shares will be in YOUR NAME.

Whatever you decide, please get the heck out of Robbin' Da Hood. They've already shown who they are, and aren't to be trusted.

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β–² 3 β–Ό
– AmericanVictory 3 points 3 years ago +3 / -0

Hmmm . . . TruthSocial Anndroid delay is beating me up on DWAC. It's hard to imagine making a drastic move, seemingly right before it is poised to skyrocket. But this is awfully tempting . . . I'm a novice so don't have a keen take. Decisions . . .

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β–² 1 β–Ό
– FreedomFlowerDelta 1 point 3 years ago +3 / -2

Hold the DWAC my fren. DJT is the most famous and powerful man in the world. In fact, GME may be a distraction

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β–² 4 β–Ό
– AllMostThere 4 points 3 years ago +4 / -0

GME is a distraction from DWAC?

lol ok... NOW Ive heard it all. You do realize the GME saga started over a year ago right?

Anyway, no need to sell DWAC:

  • Buy x2 GME
  • DRS x1 of those
  • Sell your non-DRS GME shares for millions
  • Use that money to buy much more DWAC
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β–² 2 β–Ό
– AmericanVictory 2 points 3 years ago +2 / -0

That was my impression of GME as well, based on other comments I read. Thank you fren! I will HODL. I plan to snatch up additional shares within the next week or so. Just waiting on additional funds to come in.

On another note, I just checked and TS didn't make the "end of March" launch target. In a way I suppose it's just fine, since I've read that they are working the glitches out of the Apple version. I also read that President Trump hasn't posted there yet (could be dated intel there). Seems to me that could be a sign of respect for us Android users, waiting to enter the "room" until we can all be tgere too.

Any insight?

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β–² 1 β–Ό
– FreedomFlowerDelta 1 point 3 years ago +1 / -0

Disclosure: I am holding 338 shares DWAC, of which I purchased nearly 100 share this week.

As we have seen, especially in the case of GME, AMC and BB (of which of which I hold 1, 400.81, and 2,170 shares respectively), the hedgies are crafty and vicious. Coupled with their religion of "Orange man bad', this can only mean major and complete (dare I say criminal) manipulation of DWAC. However, UNLIKE GME, 45 has done much for us and we are more committed than GME holders ever dreamed of. In my opinion, the next positive news release will be a catalyst, pushing for $100. I think Android release is being timed. Timing is everything.

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β–² 2 β–Ό
– AmericanVictory 2 points 3 years ago +2 / -0

I've of a like mind, thinking the best launch timing -- after glitches are fixed, if that is really the case, would be right about the time the Demo-leftist S hits the F and President Trump steps back into the spotlight. I have 800 shares and took a pummeling again today, but I look at it as a great opportunity to significantly decrease my per-share cost by buying in at these current rates. Just waiting on discretionary funds to grab another 200 or so. Saw the news on GME - would like to have been in on that, but since we know it's being artificially inflated by our side it doesn't bother me too much. Not experienced or confident in stocks enough to make bokd moves, although I could have at least tripled my money by now if I had!

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β–² 1 β–Ό
– FreedomFlowerDelta 1 point 3 years ago +1 / -0

If you don't mind me asking, what's your position. Mine is 349.22 @ $72.25.

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β–² 1 β–Ό
– AmericanVictory 1 point 3 years ago +1 / -0

800 @ 81.83 (gulp)

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β–² 1 β–Ό
– FreedomFlowerDelta 1 point 3 years ago +1 / -0

I'm not at 368 @ 71.09

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– American-Patriot 3 points 3 years ago +3 / -0

Hedgies r fukt. Even more so than before!

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β–² 3 β–Ό
– deleted 3 points 3 years ago +3 / -0
β–² 3 β–Ό
– Pbman 3 points 3 years ago +3 / -0

Expect a lot of fukery.

Just hodl.

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β–² 2 β–Ό
– MAGAdeburger 2 points 3 years ago +2 / -0

BINGO. Can't split shares that don't exist

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β–² 2 β–Ό
– VetforTrump 2 points 3 years ago +2 / -0

Cracks are crumbling.

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β–² 2 β–Ό
– deleted 2 points 3 years ago +2 / -0
β–² 1 β–Ό
– AussieSpectator 1 point 3 years ago +1 / -0

Article says a 1:3.3333333333 split xD

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β–² 2 β–Ό
– ImNewHere 2 points 3 years ago +2 / -0

There will be a request to increase shares available from 300,000,000 to 1,000,000,000 (increase of 3.33x). However, it is not clear how many of those new shares will be used for the split. It could be more or less. We shall see!

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β–² 1 β–Ό
– AussieSpectator 1 point 3 years ago +1 / -0

Thanks that makes more sense

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β–² 0 β–Ό
– JayFrankAF 0 points 3 years ago +1 / -1

You guys forget who always wins in these scenarios.

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β–² 3 β–Ό
– AllMostThere 3 points 3 years ago +3 / -0

What a cucked attitude.

But remind me...Who wins in a never before seen in the history of mankind scenario like this?

I guess its a bit like David and Goliath. Except this time there a millions of Davids, and each share we buy counts as 1 stone.

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β–² 0 β–Ό
– JayFrankAF 0 points 3 years ago +1 / -1

Not at all. I was a stockbroker for years. It’s an educated perspective.

This whole game has been set up so you, and millions of others holding small positions of β€œstonks” (its so retarded you don’t even use the actual word) are the ones who end up taking the hit when the theory has played out.

Big fish don’t lose, and when they do β€œlose” they are actually absorbed by a bigger fish and you end up losing. Every time.

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