I have 4k GME shares, so I'm obviously in it to win it, but with that being said, BBBY is what currently has the shorts trapped to where they can't exit their positions while the stock is halted from trading.
Can you explain that to me like I'm retarded please? I owned shares and they were canceled. As far as I know that's done, they can't come back, I lost a good chunk of cash on that so if it can come back, tell me how please.
There was a shit ton of fraud and it looks like things are going to reversed. It's hugely complicated, but if you watch https://www.youtube.com/@ThePPseedsShow (Mon/Wed/Fri nights) they really dig into all the latest details, all the dockets coming out of the Chapter 11, ect.
When we entered Chapter 11 the judge halted trading for anyone holding more than 4.5% of the company, to stop them from trading while the BK was ongoing. A while later he extended that to halt everyone from trading, and that is still ongoing. Shares don't just magically disappear; I still have shares showing in my account from companies that went BK years ago, they don't disappear. It appears that our shares are being held by BNY Mellon during this time. Nobody can buy/sell/trade. The shares were at 7 cents when it was halted, we never got paid that amount, and shorts never got paid either, which is the biggest clue, because if the shares were gone/deleted/worthless then the shorts would have been paid. Nobody has a crystal ball to know how and when this will pan out, but if/when our shares return to trading then shorts are beyond fucked. Speculation is that BBBY shareholders will get some cash (estimated from $15-$25 per share) plus equity in the new company (Teddy). Fingers crossed it goes that way, because I have/had 36k shares.
FU$&Newsome I trust your guidance as you've made some good points around GME, DJTWW etc before. Correct me if I'm wrong but we can no longer buy BBBY right? We would have had to hold that before the bankruptcy.
I tried looking for a way to pick some up a while back but too late for me. I agree though
DJT is to fund Trump.
Cell/Returns are GME.
There’s room and need for both, depends on your situation.
GME can break the wheel, no other stock can.
I wouldn't be so sure about that.
I have 4k GME shares, so I'm obviously in it to win it, but with that being said, BBBY is what currently has the shorts trapped to where they can't exit their positions while the stock is halted from trading.
Can you explain that to me like I'm retarded please? I owned shares and they were canceled. As far as I know that's done, they can't come back, I lost a good chunk of cash on that so if it can come back, tell me how please.
There was a shit ton of fraud and it looks like things are going to reversed. It's hugely complicated, but if you watch https://www.youtube.com/@ThePPseedsShow (Mon/Wed/Fri nights) they really dig into all the latest details, all the dockets coming out of the Chapter 11, ect.
When we entered Chapter 11 the judge halted trading for anyone holding more than 4.5% of the company, to stop them from trading while the BK was ongoing. A while later he extended that to halt everyone from trading, and that is still ongoing. Shares don't just magically disappear; I still have shares showing in my account from companies that went BK years ago, they don't disappear. It appears that our shares are being held by BNY Mellon during this time. Nobody can buy/sell/trade. The shares were at 7 cents when it was halted, we never got paid that amount, and shorts never got paid either, which is the biggest clue, because if the shares were gone/deleted/worthless then the shorts would have been paid. Nobody has a crystal ball to know how and when this will pan out, but if/when our shares return to trading then shorts are beyond fucked. Speculation is that BBBY shareholders will get some cash (estimated from $15-$25 per share) plus equity in the new company (Teddy). Fingers crossed it goes that way, because I have/had 36k shares.
That's the plan. Then they never have to cover. Tax free money.
I have 10 GME shares.
But are they DRS'd?
Also thanks for the wrinkle 😄
FU$&Newsome I trust your guidance as you've made some good points around GME, DJTWW etc before. Correct me if I'm wrong but we can no longer buy BBBY right? We would have had to hold that before the bankruptcy.
I tried looking for a way to pick some up a while back but too late for me. I agree though
Nobody can buy/sell/trade at this time. See my comment above.
^
Power to the Players!
and people :D
Look down!
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