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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Over 48% of float is locked! https://www.computershared.net/
Care to explain more? Thanks
Basically we are buying and the important part is registering our shares. The hedge funds have shorted the stock over 200% and have to buy back the borrowed shares. Once we have the float locked and we don’t sell, the price will rise dramatically. Start reading Reddit/superstonk for much more info. We are talking about generational wealth.
I bought thru fidelity, I called and told them I wanted to register with computershare and they did it. You can also message their help desk and they will do it, I have done it both ways. If your shares are in an ira, they will need to tax you for withdrawing. Not sure about other brokers, but, superstonk has info on them.