Inverse Cramer: this tells me the GameStop theory is true. Are we about to see fireworks?
(media.greatawakening.win)
🐸 OK, CRAMER! 🏳️⚧️
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So hodl then?
If the people I was bitter at were holding a losing position I would shut the hell up and smugly let things unfold. The one thing I wouldn’t do is desperately mock them in an attempt to get them sell off their position.
What if he knows you'll think like that and is playing 4d chess?? /s
Ha I know you’re being sarcastic, but Cramer is a troll who has no concern for how well his viewers do.
I put $500 dollars in and am willing to ride that down to zero if need be, on the oft chance that it can play a small part in reforming the system. It is what it is and there’s nothing he or anyone can say to get me to change my position at this point.
That’s exactly what happened.
The "messies" become the "messers".
He knows he's not going to sway apes. He's targeting the normies who still listen to him.
Time to DOUBLE DOWN!
Whatever KRAMMER sez, do the opposite. You WILL make BANK!
🤣🤪
But, I'm not a stock player or anything and I apologize if this is a retarded question.
But if there is only a limited amount of shares and way past that number have been sold how do you know you're holding legit ones? And how would it work out if you went to cash them in, only to find the number of legit shares have been paid out already and they are not bound to pay out past that original number?
I thought the big incentive to buy GME was because was a inexpensive way for the little guy to put a hurt or possibly bankrupt the crooked hedge funds that were attempting to short the company and make big bank.
I hoping you guys that have some are going to profit immensely, I'm just trying to understand it :)
You can direct register your shares with whatever company’s transfer agent. In this case ComputerShare is GameStop’s transfer agent and they provide GameStop with the ledger of share holders.
Currently 160k people own ~50% of the available shares on the market, not including institutions shares.
This is what they call a pro gamer move.
Ooooo. Thank you very much.
If you DRS your shares and a squeeze happens, the delay in selling DRS'd shares could make you miss the highs of the squeeze.
None of us knows really what will happen but DRSing shares will at a minimum shine a light on the corruption.
Speculation is that GameStop will pull it's shares from the NYSE and move all of its owners to its own nft based exchange citing proof of manipulation using synthetic shares. A lot of companies have problems with similar price manipulation and they might also jump ship and follow.
Man I hope so :). Thank you for that explanation, makes sense. I can't wait to see what happens :)
Valid,question about the excess shares and we don't really know the answer. We will find out here real quick
My divident share have shown in my computershare acc. And my e-trade acc. My cost bases is adjusted down,still showing the old price. I'm up over 125k,but it's expected to go back down on open tomorrow.
Still it's a lot of fun to look at.
Expect massive fukery tomorrow,everyone be on alert.
Well, no. You’re down 15ish percent the last few days because your “hodling” a shit company.
Lol the fundamentals are great,my gme is better than the rest of the market ytd.
Buy more and hodl - diamond hands
I love diamond hands! That's why I shimmerscale!
Stonks
Has the ship sailed? I keep reading that the 18th was the last day to take advantage of the split. Or that we would have to wait til the 22nd or something.
I have a $500 credit with TD Ameritrade, may as well spend it on GME to get in on this.
But am I too late?
You will miss the split, but who cares. That's pennies compared to what you'll make on simply owning stocks...
Got it thanks!
Edit: even if I’m only buying $500 worth, which is about 3 shares?
No! If you buy now you'll buy the right for the split off the seller. Otherwise the price would have dropped, not went up - post-18th just means that you'll get your split shares a few days later than everyone else.
Thanks for that clarification!
So then after I buy through TDA, I need to register the shares with Computer Share?
As long as you buy on Thursday the latest, YOU WILL get the dividend split
Interesting - I just made a purchase through computer share. I'm getting this message:
Seems like they're placing a one week hold on my buy?
Sorry, I'm totally new to this... 😬
NO. THE EX DATE WAS YESTERDAY.
The shares won't be distributed till Friday at open you can buy tomorrow and Thursday and still get the split.
You can also wait till Friday and price will be 1/4 the price of Thursday's close. Till it isn't..........
Will I miss the split if I wait until Friday?
Amazon had a 1:20 and while it went up a bit after that, it came back way down anyway.
If you miss the split you can still buy shares at the split cost assuming you get an order in early after split or risk waiting a bit for an initial buy in to correct. But who knows, lol.
Dave Portnoy enters chat
Dave is good for pizza reviews and thats it.
Pizza? 🤔
and fucking with the professional sportsball leagues
💎 🙌🏽
Yes
Always!
hodl hard....cant wait for thursday