GME gonna do a stock split! Good bye Hedgies.
(media.greatawakening.win)
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A split by itself doesn't change the intrinsic value of a stock. There are actually several reasons a company may decide to split...threat of delisting, an effort to make a low-priced stock appear more "worthy" of ownership, etc., etc.
-Stock splits always indicate confidence from the management, that the price will hold or go up in the future.
-Stock splits lower the price of one and therefore widen the range of potential buyers
-A lower stock price makes incentive programs for employees easier to implement (more granular stock options)
-A lower stock price considerably lowers the barrier of entry for options and therefore could lead to a more active option trading
Generally speaking, stock splits increase the value once the dust settles.
I think your statement would only be valid in a rising market perhaps. I can find examples of stocks that fell after splits. My only point was to clarify what some people misunderstand about stock splits. The split, in and of itself, does nothing to the actual intrinsic value. It's all about perception, and, in some cases, the company hopes by doing so that it will change the perception of the stock in a positive light.
Your statement would be more accurate to say, "...stock price generally increases FOLLOWING a split, once the dust settles." Semantics, but important...
It is NOT stock split. Read some superstonk threads jesus.
Why would I read a superstonk thread? I don't care about trading GME...
"Don't sell till the price looks like a phone number."
👍
This is the way.
If you think GME is 1.25x short, you're very naive. We've read the DD, we know how short it is. You'll find no purchase here. Nice try though.
If you own GME and AMC shares that are direct-registered via Computershare, and if you own several pounds of physical silver which you hold in your hands, it seems like you're well-removed from fiat.
I have encouraged many to do the same, as well as packing freezers and pantries, etc.
Get some seeds too, just in case.
I never though of it as pou do but now that I calculate my Oz to lbs, I have enough to bust a decent workout with hahahaha nice!
Does silver swing wild enough to make you a multi-millionaire in a few weeks? Because that's what happened to Viking Kitty / DeepFuckingValue - the guy named Keith Gill who testified before congress last year. Owns 100,000 shares, worth over $15 million dollars. We're looking for what's called fuck-you money.
I’ve tried explaining to people exactly why the GME stuff is bullshit.
I’ve pretty much stopped. It’s always “To the moon!” like that’s actually a thing.
They have no understanding how shorts work. No understanding of the actual math behind it. No understanding how options come in to play and worse, conflate options interests as actual shares vs interest in shares (or lack of depending on your side of the trade.)
A split literally changes nothing. It’s the same math distributed amongst whatever the split numbers is. 1 becomes 5, 1 becomes 7, at a cheaper price. Now even more retards can afford to “HODL” (spell the fuckin word right, have some respect for yourself) “STONKS” letting the shorts out slowly over time.
That’s the game when you get stuck in a short. The split makes the game easier.
Price increased on no news earlier in the week; price is down right now even with positive news. Tell me the entire thing is manipulated without actually saying so.
Hedgies didn't cover. Hedgies r fukt.