Yes it will. Of the new 231MM shares they will be given to the company share holders/insiders at 4;1, then the remainder will go to COMPUTeRSHaRe.com to be given to the registered share holders, then the remainder will be turned over to the DTCC who will be flocked when they try to distribute the final shares amongst 2.7B synthetic shares floating around. And for fake brokers that have been representing ‘street name’ shares in your retirement accounts etc…….well, they will have to try to find 4 shares for you for every 1 they pretended that you had.
Buying pressure galore at open tomorrow folks. Watch this MF’r run like crazy.
They run and drop together and I have sizable stakes in both. I don’t get into the GME/AMC infighting - I’m playing both to see which one runs away first. Both have very large following of DRS’rs so eventually one of them will moon bigly!
Thanks! I hope you're wrong that they covered. I put our vacation money on GME and skipped our vacation during COVID. My husband makes fun of me. So, for many reasons I want GME to go to the moon.
Nothing.
I thought the split would prove how many stocks are actually missing. Doesn't GameStop have to figure out how many stocks are legitimate to split?
Yes it will. Of the new 231MM shares they will be given to the company share holders/insiders at 4;1, then the remainder will go to COMPUTeRSHaRe.com to be given to the registered share holders, then the remainder will be turned over to the DTCC who will be flocked when they try to distribute the final shares amongst 2.7B synthetic shares floating around. And for fake brokers that have been representing ‘street name’ shares in your retirement accounts etc…….well, they will have to try to find 4 shares for you for every 1 they pretended that you had. Buying pressure galore at open tomorrow folks. Watch this MF’r run like crazy.
I just looked and GME is up almost 13% but AMC is also up almost 15%. What is going on with AMC?
They run and drop together and I have sizable stakes in both. I don’t get into the GME/AMC infighting - I’m playing both to see which one runs away first. Both have very large following of DRS’rs so eventually one of them will moon bigly!
No.
The company just issues the shares. They already know how many to issue -- they are the ones who authorize it.
They don't check on anything related to shorts. That is the SEC's job (not that they actually do their job).
IF there are massive naked shorts out there, you can bet that Goldman Sachs and the others who conspire to do it already have an exit plan in place.
Personally, I believe the naked shorts covered long ago during the squeeze that happened over a year ago.
But I could be wrong. We'll see.
Thanks! I hope you're wrong that they covered. I put our vacation money on GME and skipped our vacation during COVID. My husband makes fun of me. So, for many reasons I want GME to go to the moon.
I've got diamond hands and a jeering husband.
Goood. When it moons you can go on vacation by yourself. 👍
Strange that the media has spent the past year and a half running a nonstop smear campaign against gamestop if they really covered then.
Well, I don't pay attention to the financial media because their only purpose is to lie and deceive -- just like the regular media.
But if they have been bashing GME more than what might seem normal, that this is something that MIGHT be in your favor.