GameStop Corp Holding Company (GME) News

GME: 'Buy' Signal is now in. SEE IT:



$GME (hyper bullish, damn near Apish)
#GME (hyper bullish, damn near Apish)

good, finally finding the right stocks lately.

Yawn.........

25% of the OS is held by retail, tell me again that retail is running this. 30% institutional, 20% insiders and 25% direct ownership. Ryan Cohen owns way North of 30 million shares and hasn't sold a single share.

Hi, Gail! I'm fine. You?

hi janice! how’ve you been?

"All Industry members ,including Hedgefunds & market makers have to submit their FDID (Financial Database Identifiers) to the “Production Environment”

If your Naked Short you have to CLOSE YOUR POSITION before the 24th or end up having the SEC see EVERYTHING and report to the DOJ"

Concentrate on the minimum 2 billion dollars company has in the coffers, what are they going to do with it. All you need is common sense.

Palm.....to......face....

For God's sake. The stock you're talking about is Barnes & Noble Education (BNED). What it's doing with its rights and subscription offering has nothing whatsoever to do with shorts or shorting. Short interest in BNED is negligible.

This is a better--much better--explanation of what the company is doing:

https://www.morningstar.com/news/business-wire/20240514682337/barnes-noble-education-announces-effectiveness-of-registration-statement-relating-to-45-million-rights-offering-for-common-stock-and-commencement-of-rights-offering

Monday morning I may be a buyer. Am liking what I'm seeing.

Not financial advice please do your own DD.

Doesn't bother me a bit.

Loan guppy, it bothers you immensely or you wouldn't troll me.
Say "hi" to Curt and Seth for me.... oh forgot Charlie too~! 😆🤣😂

Next up $GME then what~? What does Ryan Cohen have planned~?

Stay tuned.....

Things like that have been tried before with other tickers.
The only way to take care of these naked shorts is by mucking them up financially where liquidity is as dry as the Sahara.
Just my opinion.

Yesss..u r right! I am expecting to bounce 20….thats why added some at 20..if dropped will add more 15-16

your videos are….

….

always so pleasant and upbeat, even calming.

generally though, you are saying its either going to dip or run. yup, thats what they usually do. they dip or they go up.

Here come the BS YouTube videos again.....😂 😂 😢

Take a look at this. GME on track for huge gains.

Take a look at this. GME on track for huge gains.

#GME 🔥 adding at $20 or more dip buy opportunity? $gme

https://www.youtube.com/live/BvQXFkeI9s0

GME will be getting into the gaming business, much like RBL*X, over 2 billion in the coffers now, they can do whatever the hell they want to with that much cash in their hands. Lot of paths for them. 1.5 million dollars for June 17th calls for 100 dollar strike price. Chit they can even buy a nice chunk of Bitcoin.

'GME MOASS' on deck: Dividends AND/OR Subscriptions

Today, Barnes and Noble stock went up over 200% due to issuing a subscription to shareholders. This subscription allows all stock holders on issue date to buy 17 more shares at the listed price in the paperwork.

Guess what: the share owners have to be located to issue said subscription, and there are only as many issued as there are shares. The mechanism for this? All shorts must close with this option. This is additional to the previous option I stated today. Which MOASS option will Ryan Cohen choose? He could choose any, depending on how he feels while drinking his morning tea. He could initiate MOASS now at the sleight of hand, impending now at any time.

This is when GameStop would likely sell their 45 million shares, so they profit as much as shareholders will, perhaps for a quick $5 billion dollars more in cash on hand.

Link to the S-3SR filing for the right for GameStop to issue subscriptions to stock holders: https://news.gamestop.com/sec-filings


Example of How Quickly this can occur

9th of May - Barnes and noble releases registration statement declaring their right to issue subscriptions (we are here, since GME released their declaration of right today)

14th of May - Barnes and noble issue prospectus to shareholders that they grant the subscription right

17th of May - date of subscription rate issue and 200% price increase (note that it is estimated that GameStop Corp with current 1.5 Billion shares visible as 'on loan' has been sold short roughly 100x more than Barnes & Noble was, so GME's rise would be much higher than 200%)


Impact on short sellers during a subscription issuance

When a company offers subscription rights to its shareholders, it can significantly impact short sellers in several ways:

Obligation to Cover Rights: Short sellers may need to cover the cost of the subscription rights if they are borrowed and sold shares. This means they might have to buy the rights in the market to pass them on to the holders of the shares they borrowed, potentially increasing their costs.

Price Adjustment: The stock price usually adjusts to reflect the value of the subscription rights. This can affect short sellers because the value of the shares they are shorting changes. If the rights are valuable, the stock price might drop by an equivalent amount when the rights are issued, impacting the short seller's position.

Complexity in Managing Positions: The introduction of subscription rights adds complexity to managing a short position. Short sellers need to keep track of the rights, understand their value, and manage the timing of their actions to cover any resulting obligations. This could involve additional transactions, which increase costs and risks.

Potential for Short Squeeze: If the subscription rights are perceived as highly valuable or if many short sellers need to cover their positions simultaneously, it could lead to a short squeeze. This happens when short sellers rush to buy back shares to close their positions, driving the stock price up.

In summary, the issuance of subscription rights can increase the costs and risks for short sellers, potentially leading to a more challenging environment for maintaining a short position.

$GME (hyper bullish - damn near Apish)
#GME (hyper bullish - damn near Apish)

then, move on, why waste your time here?

~nope

Watch these clowns issue a “dividend” as some BS shitcoin crypto that will also be worth nothing. I’ve been there done that with penny stock scams lol. Wonder who’s really pulling all these strings. Someone’s really taking advantage of gullible investors hoping to go to the moon.

Round 2 starts Monday and Tuesday

Then they have the final push

To month 39 in June 28th

Buckle up

Just it’s going to be a crazy ride

2021 history looks like it’s repeating

GLTA

strong last few mins, im hopeful for next week.

wow! tough crowd tonight! lol

Doesn't bother me a bit. It actually shows you for an imbecile.

Restructuring still ongoing 🤣

Restructuring of what, fool?

It's a pump dump trade for technical traders

Even naked shorts will have to cover. READ WHY:

Further, GameBank is about to rebrand $GME through a new offering. The company then does some kind of restart that force closes all shorts and then they start off as a new company (a company restart where we get a share for share type of thing, get paid, then have cash to buy the new company i.e. GMERICA). It may be true that the news shares would only be purchased through computershare and booked.

This is very legal: GME has added new companies (i.e. the missing 217 million today) and is therefore already a “new” company.

This weekend, shorts will start digesting this, so I expect a price runup next week. This could also be why we ran a few days ago, someone got early word as they normally do. Those soon caught with rehypothicated shares are royally fucked. There is nothing they can do since those shares shouldn’t exist legally.

Market Makers will have no alternative but to recall their lent shares to cover the new GME ticker requirements. Today's data shows two issues: there are 10 Billion shares 'overloaned' since the Company's inception, and current publicly-available data shows 1.5 Billion shares loaned this week. The shares outstanding is only 350M.

This explains a lot. It had been prophesized for years that Keith Gill would return, GameStop would set up the lethal bear trap, and that the "Legally-Approved Mother of All Short Squeezes" would be the only rational conclusion, followed by a company with such high reserves, that it would survive forever.



$GME (ultra bullish)
#GME (ultra bullish)

It will rally again it's in the chart

Some HF or Bank is going to be BKd

Make the plural as in HFs / BANKS. JMO

Thank god they have a lifeline to stay afloat. Anyone can buy anything in their stores on Amazon for less money more conveniently. Smells like a penny stock scam to me

Today's Filing: Terms for GameStop's Shareholder Dividend

GameBank ($GME) today announced terms of its coming shareholder dividend via the implementation of its Preferred Stock 'Depositary' Shares . These shares, for each series, will be used for voting and will count as preferred shares. They cannot be sold short. They may be in the form of cash distributions or non-fungible-tokens since GameStop has already created its non-fungible-token website and infrastructure. These depositary shares, for voting purposes, can be voted upon by mail and will have the powers of preferred shareholders.

Holders of GameStop Common stock can receive the depositary shares via Dividend

Today's filings with the SEC reveal substantial information about how GameBank ($GME) can issue its dividend using either cash assets, any legally approved assets, etc.

"This is a watershed moment and is thanks to all of the teamwork by GameStop's board, officers, and employees- all of whom led to the company's current profitability, debt-free stature, and its strong and rapidly-growing cash position."

$GME (ultra bullish)
#GME (ultra bullish)

Short 10 large at 22.54. What ever longs. It’s dead trade and diluted now

Filing a shelf gives them the option to raise shares whenever they want, at any price that is advantageous. Highly unlikely they have used it yet, and certainly not the whole thing.

Lol

The 45 million shares added to the float ain’t gonna help either

Filled the gap at 20

You mean resharting, you will need a change of clothes next week.

Reshorting

Watched Dumb Money again the other night, had my wife watch it. She enjoyed it, I think.....

im thrilled its going up either way.

looks like its going up to me.

ok, thx cj.

Non stop it ain't helping

She is going to $10. This is a fade for the downside. Bye bye.

does anyone here have……

….


twitter that could let us know if that “cat guy” is talking about this still?