GME approves 4:1 stock split dividend.
(media.greatawakening.win)
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I need to understand more. I need to know why game stop?? Why a video game company? Are video game companies a GOOD LONG TERM INVESTMENT? Maybe I’m just getting too old or too tunnel blinded by DWAC
Not really about video games. In basic terms, huge deep state controlled hedge funds (professional market manipulators) are running a scheme where they artificially buy and sell nonexistent shares of certain selected stocks, over and over and over, raking in billions of dollars by screwing the little guy. Retail investors got wind of it and bought large numbers of shares from companies targetted in the scheme, screwing up the Hedge Fund's game. At a certain point in time, the Hedge funds have to return the shares they own on paper (but don't actually possess), forcing them to buy actual shares, causing a sudden metoric rise in the price of the stock (called a mega short squeeze) resulting in bankruptcy of the hedge funds and retirement payday for the legitimate small retail stock holders. GME is believed to be ground zero in this deep state stock manipulation scheme. Some have speculated the stock could hit anywhere from 4 digits to upwards of 7 digits PER share. Some have proposed that GME is part of the white hat plan to return stolen wealth back to the people. Holding until the moon.
How many times have we been told the plan will wrap up in 2 more weeks? Just because some people were making incorrect predictions doesn't disprove it.
And where is Melvin Capital..? Please explain what happened to them for the viewing audience…..don’t talk when you don’t know jack!
They made a bad bet and went poof like many crypto and stock hfs will be doing
Don't forget Bill Hwang.
Date fagging is bad mojo, on the Q boards, in the stock market, and with the return of Christ. All 3 have been messed up badly. However, someone wrongly guestimating a date does not invalidate an event's legitimacy or prevent the event from occuring.
The answer is crime. Crime is how the hedge funds are kicking the can down the road to stay solvent another day. Crime is how they're avoiding margin calls and liquidation. Crime is how they're staying out of prison. Crime is knowing that if the SEC or FINRA slaps you with a fine, it won't be more than 6 figures.
They increased the float by naked shorting, which is supposed to be illegal. They've increased the float by several times in order to avoid a margin call. They route buys through dark pools, and sells on the lit exchanges so we never see the real price.
Crime is why it's taking so long.
It should also be noted that hedge funds short into oblivion because if the company bankrupts and ceases to exist, the shares they shorted never have to be covered. So, they have unlimited power to drive the price down, kill a company and never be held responsible for the synthetics they created... Until Game Stop. They shorted Gamestop, had media preaching against brick and mortar but something happned... Roaring Kitty happened. Q plan or not, here we are... Gamestop arose from the ashes like a phoenix and HEDGIES R FUK!!!
I lost about $3,000 in a legal stock market scheme I fell for. It was an indexed "fund" called UWTI, which paid 3x the change in the price of crude oil. I bought when oil had dropped to around $50/barrel (I think), with the knowledge that it would eventually go up. What I didn't realize is the simple mathematical fact, that if you take any number, increase it by a certain percent, and then decrease it by the same percent, the net result is a decrease. (start with 100, go up 10%, it's 110, now go down 10%, it's 99. Those fluctuations up and down eventually turn that 100 to zero!). I didn't realize this, and left my money in that "fund", and didn't check it for a few months, and it was whittled down to almost nothing. A friend of mine at work was big into stock trading, and I listened to him talk this thing up, and when you looked at their chart (obviously rigged), it made it seem that if oil got back up above $100/barrel, the value of the fund would be through the roof. What I didn't recognize is that they must have had a few people in on the scheme early on, so that it made it look like people actually paid (maybe they did, but it was part of the scheme) thousands of dollars per "share" when oil WAS over $100/barrel, so a casual view of that trend would leave stupid people, like me :) , to believe you could also see a rise. But, I didn't count on those daily, even hourly, or even at the minute level, fluctuations that ate the value away. After I got what I could back, I continued to watch the fund, and it eventually got to such a low value it was shut down. The original people involved must have made 10s of millions from it. I tried to get SEC to investigate. I provided them with a summary of the scheme, but they never got back to me. What is funny, is this "fund" had a 90-page "prospectus". I didn't read through it all, but perhaps somewhere around page 88 it described how the fund was worthless and anyone who left their money in it for more than a day was an idiot :)
u/#howdareyou
But what if the hedge funds just declare bankruptcy and don't pay out? This is the question that has stopped me buying GME, as well as the general down trend of the stock market.
Don’t let fear rule you. This is once in a lifetime opportunity and NCSWIC. There is great chance this is all part of the plan you are following here. I bought a bunch of GME in the $90-$100 range. It’s now been $120-$150 in the past several months while other stocks have plummeted. Don’t miss this chance friend. There is a reason this $15 stock has held this high for so long and it’s not fundamentals - it’s a squeeze play and hedgefunds are going the way of the guidestones while we get rich. Melvin Capital and others went tits up when we ran to mid $300’s last year. We’re camped on Citadel now and this one is gonna make Melvin Capital and the $350 run look like peanuts. When you buy make sure you do it via computersharedotcom and DRS your place in history.
Thanks Fren.
No, it's a once in history opportunity to take trillions away from the cabal and redistribute it to We, The People. The regular people will be able to do a fuck-ton of good with access to all that money compared to governments. Things like opening shelters, food banks, soup kitchens, community/road repairs, clean ups, water clean ups, all great things.
I'm on Fidelity - no harm in going through them, right? Sounds like the downside would be no DRS
So does the price drop immediately or after the split shares have been issued later in July? I need to get ready to buy more.
XXX HODLer here! You guys get on board! Q spoke about a transfer of wealth. How the heck do you think that's going to happen? Who owns the hedge funds? The elites! Vanguard and Blackrock. Look who owns them! They own Citadel! Citadel owned Melvin. Melvin shuttered its doors. This is going all the way up the chain. YOU BETTER HOLD FOR FUCK YOU MONEY! YOU BETTER DO THAT! all you have to do is HODL!!! This is going to be biblical! Hell, there's enough money in the markets and elsewhere for the price to go go 8 digits PER SHARE! ALL WE HAVE TO DO IS HODL!!!!
There’s legal obligation and it gets passed off if any one entity declares bankruptcy. First it’s the lending banks, then it’s the DTCC, which will automatically buy at market value to cover, then if their insurance money runs out, it legally gets passed onto the fed. They can print money.
"it legally gets passed onto the fed. They can print money."
Wouldn't this just hasten a Weimar Republic type scenario?
Asking as a fellow ape, 11 shares DRS'd!
Thanks. That's very helpful.
This is the answer.
Insurance
they have to go bankrupt first.
Nice synopsis fellow ape. MOAR crayons 🖍 please 😜
Diamond hands HOLDING to the moon! 🦍🚀🦍🚀🦍🚀🦍🚀
I disagree that GME has anything to do with Q or the white hats. It's a funny meme, and it did hit the hedgies pretty hard, but sounds like something that optically is not very plausible for Q to be engaged in.
It's going to collapse the corrupt hedge funds and pyramid scheme that is wallstreet. Why would you not assume it's part of the plan, when everything else collapsing and being exposed is part of the plan?
Think of the timing!
When I think of Q, I don't think of artificially inflating the stock price of a video game seller. That was all on wallstreetbets and not Q.
It's likely the redistribution of wealth that Q spoke of. It's the only legal way to do it.
Q's not going to do something that niche as his way of redistributing wealth.
It was excessively shorted. They need to buy back shares. Millions of people wont sell them back. high demand and low supply means high price. I think its part of Q personally. They are also debt free, led by the young chewy ceo genius, and are gonna dominate the new NFT, blockchain, cryptocurrency space.
Heres 100s of proofs on the subject. https://fliphtml5.com/bookcase/kosyg
What specifically does splitting the shares do to benefit retail holders versus hedge shorters?
iirc they're gonna have to do an audit for how many shares are actually out there vs the shit tons of synthetics created out of nothing to short the stock so aggressively
Yes I believe if you are a hedge that naked shorted and created fake shares you will have a hard time when the time comes for the split and you have to come up with even more fake shares to cover the split dividends. Though not sure of mechanics of it. In a short squeeze scenario if they want to get out they would not only have to cover for real shares but also all the fake ones too. Which means Hedgies R Fuk.
Makes the price point more accessible to more people allowing more buying pressure.
But this is a stock dividend, not a stock split. A 4:1 stock dividend isnt like a 4:1 stock split where all the math is just 4xed and 1/4thed, the 83 million shares will be given 3 new shares that have to be given their proper home. Since it has been illegally naked shorted (making synthetic shares that arent ever properly delivered or hedged against), the market makers and brokers will struggle to provide them to all the people who bought them.
This is NOT a stock dividend. The company says it is a "stock split in the form of a stock dividend" ... whatever the fuck that mean.
You are ignoring the "stock split in the form of a" language. Don't.
Let's look at it this way:
(a) If it was a cash dividend, they would pay the dividend in cash. But they don't have enough cash to pay a cash dividend.
(b) If it was a regular stock dividend, they would issue additional stock to current stockholders ... BUT ... they would pay for that out of cash ... which they don't have.
The company has a total market value of $9 billion (76 million shares outstanding x $120 per share).
IF they were going to just "give you 3 times the shares you have now* ... then they can't just give you pieces of paper (stock certificates), because those have ZERO value by themselves. SOMEBODY has to buy them.
Usually, they use that extra stock (authorized but not issued) to raise cash by selling them to investors in a secondary stock offering, which they did previously. Then, that stock acquires value (sometimes at a discount to current market value because they are looking for one big money source to buy the stock, but that also devalues the existing stock price).
But if nobody is BUYING the stock and they still want to issue stock that has no value, then THEY must buy it themselves and THEN give the shareholders the stock dividend.
But (again) they do not have the cash to do that.
THERE. AIN'T. NO. FREE. LUNCH.
(No matter what the Reddit touts say.)
So ...
They are doing a STOCK SPLIT, and pretending it is a stock dividend. That is the only thing I see. It is weird.
And it is a bad time to do it -- in a bear market.
We'll see how it goes.
76 million x 3 = 228 million ... and why do you think that's a problem? They already know who all the shareholders are -- that is WHY they have an ex-dividend date. That is the date where the owners of RECORD are documented by the company, and THOSE owners get the dividend.
They KNOW who to pay the dividend to (if it is a dividend), or credit the split to (if it is a split). There is no mystery for the company.
No, they won't. The shorts are irrelevant -- except in the wet dreams of the Reddit boys.
Some of you guys seem to think that shorting a stock somehow means buying a stock.
WTF?
I read something from Reddit because I was trying to understand the argument, and it was just weird.
The person claimed that (a) someone owns GME, (b) someone else borrows GME, and then that means that (c) someone else also buys GME.
That (c) part is NOT true. Just (a) and (b).
In naked shorting, Mr. (b) shorts shares that Mr. (a) owns ... AND ... also shorts shares the nobody owns because they do not exist. That is WHY it is called "naked shorting." There is no extra buyer (Mr. (c)). If there was an extra buyer, and therefore more long shares that real shares (naked long, I guess) ... then THAT WOULD be a problem. But that is not how it works.
Seems like the Reddit boys don't really know WTF they are talking about.
If someone can explain it, I will take a listen ... but it seems like the Reddit boys are pushing a bunch of clusterfuck language and people accept it without understanding it.
And the company itself is acting very weird. Has been since the big short squeeze last year. I would not be surprised if the Reddit guy(s) are someone within or close to GME pushing this whole narrative.
Good luck, but I just don't see the story the same way some of you do.
Prove me wrong, and I will tip my hat to you.
Slashes the price so people can buy more.
Starting the Jan '21 FOMO all over again.
One portion of why they are doing it yes. People will see that tastey price at 25-30$ and think "sweet i can afford it now"
FOMO incoming
It’s not a split… it’s a dividend
GME management says otherwise.
See Tesla
For what? Price is lower today than when they did the split.
When Jr pointed it out I was sold.
https://rumble.com/vdfngp-donald-trump-jr-is-it-all-rigged.html
Very interesting. Only further supports my q idea.
Bannon has made a couple statements on the whole thing. He said this is Apes Vs Snakes, economic populism.
There is no new NFT, blockchain, and cryptocurrency space. Those things are all scams.
Yes, the way they are being used right now they are mostly all scams, especially NFTs.
However, the primary speculation is that GameStop’s NFT marketplace will allow people to sell games they’ve downloaded. It will also create a marketplace for people to buy and sell in-game items they’ve purchased. If your kid buys a $1,000 Fortnite skin now you have a way to resell it.
Yes it makes digital things more like physical items. Current digital goods are more like renting than owning.
None of that shit is real nor worth anything.
what if.. Loopring becomes gold backed. and GME forms a new stock exchange, using Loopring as the currency to trade stocks with. these are speculative thoughts. I do believe the rest of it is all scams, Trump never liked Crypto, it's just been used to counterfeit money
If you don't hold it, you don't own it.
It’s IMX bud. Buy it now at $1. Gonna be the next BITC!!
The big money that moves the markets comes from the big funds, not individuals like you and me.
THEY are not going to trade on anything other than the big exchanges. There are already many small exchanges, and they ignore them.
NFT= tokenized securities market on the first of its kind platform that allows investors to buy shares in a company with no middle man. Boom baby.
You can already do this. Corporations have no business being so big that we need to use this kind of technology to track shares. Bring back antitrust law and let a million competitors bloom.
You sound exactly like those articles saying the internet is just going to be a fad LOL
And you sound like people right before the .com crash who though anything at all to do with the internet would be huge.
Precious metals do the job better than crypto. In God we trust, not in cabal-produced software relying on encryption algorithms the cabal gave us from free running on a computer the cabal built running an OS the cabal built and sending all data on an internet the cabal controls.
You know nothing about NFTs and how they will work with things like Music, Video games, etc.
NFT is not just for a picture.
And you are used to living under monopolies who’ve perverted your idea of what IP law is for. When the monopolies are gone there will be no demand for it.
Uh, what?
Proof of him being involved in pedophilia please.
And your second statement doesn't make sense. How would the stock going up for someone who owns 9 million shares take him out? He doesn't have a short position on his own company. He isn't invested in hedge funds. They are diametrically opposed.
The FUD just gets more and more bizarre.
RC is a good guy. Quit spreading bs. Or give A reliable source.
Dude, he's the chairman of the board on Gamestop.
He started a company called chewy with family money. I wouldn’t be surprised if he was into some stuff. That company did have some disney vibes to it now that I think about it.
Every time you insult him you get a bunch of people freaking out so theres clearly something there. Pretty sure he’s one of those people think are a white hat when they’re not. Thus the emotional response.
Edit: wow didn’t expect proof in the responses right away. Just an example of how emotional people get.
https://www.reddit.com/r/Superstonk/
Why would you post that here? Do you have no respect for anyone?
That place is a shithole that was compromised a LONG a time ago.
Bot.
Oh no I’m a bot again?
Must’ve hit a nerve.
Dude your shilling is starting to glow a little too hard.
Saying something that triggers an emotional response in you doesn’t make someone a shill.
Reddit is indeed a shithole, but they're doing amazing research over there, showing people how fake everything is.
Agreed. Superstonk is exposing a lot of fraud in the markets. They also occasionally talk about the Fed and how it's complete bull shit.
MANY discussions about how they want us divided as well. They aren't like other reddit subs
Reddit is fake they’re not showing people anything they’re obsessing over the stock market which is in itself A DISTRACTION lol
They’re only exposing people we knew were corrupt already. Walls st hedge fund managers. Wow big surprise we’ve known this forEVER
https://www.drsgme.org
To Uranus!
Lol
go to superstonk on reddit.. GME is going to be HUGE. imo, in the long term they are going to be forming a New stock exchange, and will become the most valuable company on the planet
GMerica
That's what every con artist wants you to believe.
NFT is going to bigger than crypto. Even without a short squeeze the company is going to go places. IMO Q and patriots were involved in this to take down hedge funds who fund the cabal.
A theory I’ve seen it is not just hedge funds but final boss they are after is the Fed itself. The MOASS will create a domino effect leading to the Fed. The Fed can in theory just go BRRRR to cover the tendies but in doing so would cause its own demise as congress would likely get involved and rescind its charter.
90% of cryptos have gone bust, so you better hope so.
Why should I hope so, do you think gamestop's only success will be their NFT marketplace?
Also, why are you so concerned with what I do with my money?