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
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.
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.
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.