GME approves 4:1 stock split dividend.
(media.greatawakening.win)
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If anyone still has any question about GME going to the moon, well, they now have an opportunity to buy the stock at 25% the price.
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
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?
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.