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.
Doesn’t this quintuple the available stock for the short sellers to settle their positions? It was my understanding that the GME strategy was to limit their ability to cover their positions because they shorted more stock than was available.
No it’s a dividend not a split. All the synthetic shares will have to be bought.