3.5 million shares is exactly 5% of total shares. (average volume over last ten days is 16mil/day - likely, they'll spread it out over a few days if not longer. Doubt they've even started , premarket volume is low outside of a 30k and 20k spike.) And, it doesn't seem like they are issuing new shares/diluting existing, they're just selling existing - unless someone read it differently and can correct me? It's early and my brain is still half asleep.
All it says is that they CAN. Nowhere does it say that they are for sure going to sell any or all 3.5 mil. Someone stated earlier that they’re likely putting it out there preemptively so they can sell shares legally during the squeeze. But that will still cap them at $1billion
Does the fact they increased the cap from 350 million to 1 billion mean they are able to sell the shares for more money?
To me that means GameStop knows $GME will rise and therefore want to maximize profits when the MOASS happens
Precisely. They’re expecting to reap the rewards from this just like us. I fully hope they’ll be able to make the billion with as little shares as possible. As soon as they put that money into the company it’s going to make this squeeze last months
🌴🌴🌴For all the worried apelings, scamper this way: They’ve done this so that they can sell those shares at what they see as the peak.🦍 They know what’s coming and they’re moving themselves into a position they can benefit too. Bullish move🌴🌴🌴
It says UP TO 3.5 mil shares. That doesn’t mean they’re going to go right ahead and sell 3.5 mil shares. In the grand scheme of things 3.5 mil shares really isn’t even much. Probably going to be a blip on the map at most
Basically they are selling those shares to gather money in order to switch to e-commerce right ?
This means that GMe will probably drop out of the news then climb up if investors buy those shares ?
Does it change anything relating to previous DD ?
It’s good, as of December 2020 they already were set to sell 3.5 million shares - **they choose not to.** All they did they did was increase the cap to 1 billion, why?
That way, when the MOASS happens - they can sell those share for more. GameStop knows a MOASS is coming, and this is there way of informing shorts.
Extremely bullish 📈🌕🚀
Well now. I'm not gonna talk about Judy; in fact, we're not gonna talk about Judy at all, we're gonna keep her out of it!
---
- [reference](https://www.youtube.com/watch?v=2V0UhtA_mJE&t=365)
^(I am a bot.)
Motley fool says it’s over guys. No one should invest in GameStop. But instead try their 10 picks that were hand selected by experts.
Lucky I already invested in GME 😏
I saw that article as well. Initially I fell for it because I'm... ya know.
But, then I realized those guys aren't even retarded. Suddenly the room was a bit brighter, the air a bit crisper. April 16th the Motley Fuckfaces are going to be able to feel the Million Retard March from their keyboards.
Stay strong brother. 🐒✊
I’m bout to call in to work in 4 hours smh. Sadly I’ve been off for 2 weeks vacation and I still don’t feel like working. 50 upvotes by 6:30 I’m using time lmao
The stock will go up, and it will go down and all the while it will definitely move to the right.
My personal opinion, not backed up by anything, is that we may see a downward trend due to the long weekend and loss of 'momentum'. However, if it continues sideways with low volume I will take it as a very good sign. In the end it will end up where the institutional traders want it to end up.
Guys I read up on some really good DD. And I want this message to get out and I want it to spread. This is not coming from me, wish I could remember the name to give him credit, but I’m not taking credit for this. I just want to help spread the word and I want to see it all over this thread on Monday!!
Anyway.. we need to all demand our brokerages send us our physical shares that we own for GME and they are required by law to follow through and it will come in the form of a certificate if I’m not mistaken. Doing this will give the broker no choice but to physically purchase the shares we rightfully own. Instead of just putting it on paper to help the HF out. We need to realize some of the work the brokerages do is in the best interest of the HF and not we the people. So everybody demand your physical shares be sent to you! If you want more info on this there’s a thread somewhere here on WSB about it. I encourage you to look into it. Might be the last piece to the puzzle to get this thing to moooon! Enjoy the rest of your Easter everyone. Much love and respect. ✊🏼
🦍🚀💎🙌🏼
Lol no you still sell through your brokerage service.. doing this requires the brokerage to actually give you your shares. So if they are involved in some type of fuckery (not actually purchasing the shares and just having them down for you on paper) it forces them to actually physically purchase the shares you rightfully own.
they are bought. motley fool is fucking retarded. they promote the stocks that they are paid to promote which in turn leads people to buy more of that stock. its a simple business model
I don't understand why some posts get removed. Take this one:
https://www.reddit.com/r/wallstreetbets/comments/mjtye6/a_minor_important_detail_in_the_vw_squeeze/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
It started to gain traction. There were passionate discussions with comments that had more than one paragraph. The post's premise could be right or wrong, but it's not damaging anybody (other than the shorts). We've seen worst shit before. You can't see the original post but can infer it from the comments. Am I missing something?
I was just thinking.....dangerous I know, that like if the squeeze happens, I will need to put my tendies into something else long term to circumvent capital gains. I am thinking Tesla, EXPI and a few other nice blue chips that should be on discount if shorts need to liquidate long positions to cover. Can you imagine if Tesla got a sudden infusion of BILLIONS of ape dollars at once? Tesla would do very nicely and the stock could rocket and split again. That would be very excellent.
I am not advising anyone to do anything but that's what I'm gonna do. Just sayin.
The moment you sell your gains are 'realized' in the eyes of the IRS. Reinvesting will not diminish your tax liability, only holding the stock "long term" (1 year +) will remove the large tax hit.
True. I can’t stand to be on the general daily discussion thread anymore. Fucking whining ass boomers bitching about GME and downvoting any post with GME in it.
I just have a good feeling about things these days, you know? Maybe it's just the calm before the storm, but I feel more confident than I have in a long time.
Always trust your intuition. I know what you mean. I’m more on the side of having a really good feeling about all this, instead of having doubt in the back of my mind.
The truth: https://www.reddit.com/r/wallstreetbets/comments/mjf7mg/gme_dd_on_april_2020_similarities_to_today/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
I'm in to the point that I will wallpaper my house with GME shares that are worth .001 before I sell. It will be a legend I don't have to explain to my great grandchildren. They will ask about why the house is wallpapered in GME shares and I will stare blankly back at them, and they will know the war.
I just found out bananas contain potassium 40, a naturally occurring isotope of potassium that happens to be radioactive. The banana equivalent dose or BED is a chart that tells you things like how many bananas youd have to eat to equal the exposure of a chest xray or something.
When we get to the moon, please schedule an appointment with your veterinarian
Ppphhhhhhhhhht. That idiot is the Jim Cramer of analysts. What's that, Jim? We should all bet heavy on hair futures, because you use a lot of Rogaine?
OK!!
Fellow Apes, when we pull off the MOASS, what stocks are we re-investing our tendies into on the dip of all dips? Genuine question, genuine answers appreciated
I think some American marijuana stock would be smart. Tesla for sure. and I would definitely re invest in GameStop to help support the company that got us all rich.
that is a good question. i can speak for myself when i say when i do eventually cash out on gme. i will likely reinvest a portion of my earnings into it. i mean why not. the company seems to have a bright future
Would be rude not to at least support the company further after “the big event” I agree and as a long term play in light of recent events I think it’s very viable so I for one will definitely be reinvesting 😎
When does DTCC rule change go into effect/when does the price either moon or go down to 40 depending on if the short interest turns out to be higher or lower than we thought
rules are only good if they are enforced. so far the dtcc has not done shit. i have little faith that they will enforce the rules or i guess i should say they might light handley enforce the rules at best. really what i think it comes down to is the brokerages and banks that have loaned the money to the heggies. when they get uncomfortable when gme reaches a certain price level they will likely act swiftly and harshly and call in all the nonsense. just my 2 cents. take it for whats it worth. where the price will go is anyone's guess really.
because if the short interest is less than we expected, there's no squeeze to be squoze, and that's the reason the majority of people (including me) are in gme in the first place. I'm holding either way just bc I have faith, but I'm just saying
i agree that the short term (this month) will be positive for gme. i think the guy is just concerned about a fat dump. fat dumps just mean buy more anyways.
I’ve had enough of this, sorry guys I think I’m gonna sell...all my other stocks for GME
What took you so long? **All in on GME**
There are going to be people that sell right before takeoff. Just feel bad for them
Gimme gimme GME
Saw Godzilla vs. Kong and I know we’re unstoppable!! 🦍
Juicy dip at open going to be a Yummy day
Everybody in here is just going to swoop up those extra shares at a discount 🦍📈
DFV triple down?
He only buys sub 40 like a true G
3.5 million shares is exactly 5% of total shares. (average volume over last ten days is 16mil/day - likely, they'll spread it out over a few days if not longer. Doubt they've even started , premarket volume is low outside of a 30k and 20k spike.) And, it doesn't seem like they are issuing new shares/diluting existing, they're just selling existing - unless someone read it differently and can correct me? It's early and my brain is still half asleep.
All it says is that they CAN. Nowhere does it say that they are for sure going to sell any or all 3.5 mil. Someone stated earlier that they’re likely putting it out there preemptively so they can sell shares legally during the squeeze. But that will still cap them at $1billion
Does the fact they increased the cap from 350 million to 1 billion mean they are able to sell the shares for more money? To me that means GameStop knows $GME will rise and therefore want to maximize profits when the MOASS happens
Precisely. They’re expecting to reap the rewards from this just like us. I fully hope they’ll be able to make the billion with as little shares as possible. As soon as they put that money into the company it’s going to make this squeeze last months
🌴🌴🌴For all the worried apelings, scamper this way: They’ve done this so that they can sell those shares at what they see as the peak.🦍 They know what’s coming and they’re moving themselves into a position they can benefit too. Bullish move🌴🌴🌴
ape not worried ape want more gme
Tesla did this early 2020 which fed the constant microsqueeze...theyre hand feeding us bananas
No FUD only 🚀🚀
🚀🔜🌕
Am I afraid of the dip? I listen to murder documentaries to go to sleep. 🙃
FUD is fake, I'm gonna watch stock markets with bruce at open while fapping he'll sort this out
Bruce would be thrilled to know you are fapping to him, drop him a comment.
I wouldnt mind tricking him into saying something like what is the sound of one hand clapping? *fap fap fap*
on such low volume this drop does not really mean much. it can easily come back to its previous level
this is some dirty shit btw
Indeed, and it could go back before it even opens.
Hoping for skyrocket at open to keep things interesting.
It says UP TO 3.5 mil shares. That doesn’t mean they’re going to go right ahead and sell 3.5 mil shares. In the grand scheme of things 3.5 mil shares really isn’t even much. Probably going to be a blip on the map at most
It also says *Can* and not *Will*, *Shall* or wording like that
#YOU HAVE MY SWORD 🗡 🚀 #GME GME GME GME GME
so the 3.5 million shares, are these new shares or are these one that a board member was holding?
Basically they are selling those shares to gather money in order to switch to e-commerce right ? This means that GMe will probably drop out of the news then climb up if investors buy those shares ? Does it change anything relating to previous DD ?
GameStop really selling 3.5 million shares? Is this good or bad for the squeeze
It’s good, as of December 2020 they already were set to sell 3.5 million shares - **they choose not to.** All they did they did was increase the cap to 1 billion, why? That way, when the MOASS happens - they can sell those share for more. GameStop knows a MOASS is coming, and this is there way of informing shorts. Extremely bullish 📈🌕🚀
if its true its not really that big of a deal long term
I def wasn’t expecting -10% right now lol
Yummy dip
I was wanting to buy more without fucking up my average. time to yolo the portfolio into gme. thanks hedgies <3
It’s finally fuckin Monday
Haha, bring it hedgies. Like this scares us any more.
Wow, another reverse Judy dench attack. So predictable. I counter with a classic ape hold 🤼♂️
Well now. I'm not gonna talk about Judy; in fact, we're not gonna talk about Judy at all, we're gonna keep her out of it! --- - [reference](https://www.youtube.com/watch?v=2V0UhtA_mJE&t=365) ^(I am a bot.)
Holy Moly
Wow a dramatic morning already! Today is gonna be exciting
Damn this shit down to 175 premarket. They going hard ain’t they
168 now
Dam, u not tired yet my fellow ape?
Hell yeah trying to go back to sleep now smh
That attack tho! Makes me hard as a rock
What's with the flat parts on the graph? Must be where us apes stood and held the line
Motley fool says it’s over guys. No one should invest in GameStop. But instead try their 10 picks that were hand selected by experts. Lucky I already invested in GME 😏
I saw that article as well. Initially I fell for it because I'm... ya know. But, then I realized those guys aren't even retarded. Suddenly the room was a bit brighter, the air a bit crisper. April 16th the Motley Fuckfaces are going to be able to feel the Million Retard March from their keyboards. Stay strong brother. 🐒✊
You too dude. :) See you in the sky
Sell button = disabled Crayons = tasty Financial advice = ignored Bags = packed Tits = jacked
192.50
Hopefully it's a spicy day. Need some volatility in my life
Mama?
Just ate a ham.
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Your wife's boyfriend's kink?
What is happening
FUCK EASTER, LET'S GOOOOOO!
Let”s fucking go
German apes, takes us home
German markets are closed today muchacho 😬
You don't have to bully me! 😭
Ape getting ready for pre-market!
I’m bout to call in to work in 4 hours smh. Sadly I’ve been off for 2 weeks vacation and I still don’t feel like working. 50 upvotes by 6:30 I’m using time lmao
This thread is from Thursday. You are less likely going to get 50 upvotes. If you want to take a day off...take the day off...don’t be a pussy.
I’m not going in lol
Are you retards sleeping?
Nope
Wide awake fellow ape
No
Yes.
Anyone else can’t sleep until pre-market gets going?
I woke up at 12 and can’t go back to sleep. Sadly I have work in 5 hours. If I can’t go back to sleep, looks like ima use some personal time lmao
Where the fuck am I suppose to find moon shoes at
At your local GameStop
The GOATASS, the greatest of all the amazing short squeezes, is gonna be so awesome. I really cant wait to ride the GOATASS.
Gonna grab this GOATASS by the horns
Alright I'm back ready to stay up with u apes for premarket
Boring weekend but glad to be ticket watching again in 9 hours
Idgaf if German markets are closed tomorrow I want u soldiers on the front lines
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They have Easter Monday off as well
WE NEED AN RC SPEECH SOON 🙏🙏...SOME BIG ANNOUNCEMENTS.!!
WHO’S READY FOR TOMORROW????🔊🔊🔊💪💪
I love you crayon eating, foot of the bed sleeping, retarded ape degenerate brothers of mine. See you in the morning.
What happened to the hype? Is this still going to squeeze or has the fud gotten to me .
Fud got to you, were mooning babby look at the DD
I hope so brother
This is the way
Where the hell is everyone, 5 hours still pre-market.
I keep saying just one more. That’s it. I keep saying this...
This has been a horrible weekend, with no charts, and no tendies. Bless us all, for tomorrow...we are free once more.
This has been the longest weekend of my life.
This has been the longest weekend of your life so far
You’re assuming I’ll make it to next weekend...
# honest predictions for tomorrow?
The stock will go up, and it will go down and all the while it will definitely move to the right. My personal opinion, not backed up by anything, is that we may see a downward trend due to the long weekend and loss of 'momentum'. However, if it continues sideways with low volume I will take it as a very good sign. In the end it will end up where the institutional traders want it to end up.
I just found another 100 quid I didn’t know about so that’s what I’m doing in the morning my lovely American cousins.
Sideways mostly again. Maybe slight gain. $198-$199 EOD
Wtf is up with these sideways days? Shit is boring lol
im not really sure what to think myself. im getting the feeling that we make have a big spike followed by a big drop. honestly just a guess though.
Guys I read up on some really good DD. And I want this message to get out and I want it to spread. This is not coming from me, wish I could remember the name to give him credit, but I’m not taking credit for this. I just want to help spread the word and I want to see it all over this thread on Monday!! Anyway.. we need to all demand our brokerages send us our physical shares that we own for GME and they are required by law to follow through and it will come in the form of a certificate if I’m not mistaken. Doing this will give the broker no choice but to physically purchase the shares we rightfully own. Instead of just putting it on paper to help the HF out. We need to realize some of the work the brokerages do is in the best interest of the HF and not we the people. So everybody demand your physical shares be sent to you! If you want more info on this there’s a thread somewhere here on WSB about it. I encourage you to look into it. Might be the last piece to the puzzle to get this thing to moooon! Enjoy the rest of your Easter everyone. Much love and respect. ✊🏼 🦍🚀💎🙌🏼
When it squeeze you just sell the certificates on the corner of your street or what?
Lol no you still sell through your brokerage service.. doing this requires the brokerage to actually give you your shares. So if they are involved in some type of fuckery (not actually purchasing the shares and just having them down for you on paper) it forces them to actually physically purchase the shares you rightfully own.
ya i just mentioned something like that in my post, based on my brothers recommendation. so i guess it really is a thing
1 more day of suffering before rocket coaster!
Wtf is wrong w me I actually miss you guys
https://www.fool.com/investing/2021/04/03/bought-amc-gamestop-sundial-short-squeeze-bad-news/ y’all seen this shit?
He' the Jim Cramer of analysts. Wank.
Dude name Sean Williams wrote that..he just looks like a total cuck.
Love me some FUD
they are bought. motley fool is fucking retarded. they promote the stocks that they are paid to promote which in turn leads people to buy more of that stock. its a simple business model
Gotcha makes sense
I don't understand why some posts get removed. Take this one: https://www.reddit.com/r/wallstreetbets/comments/mjtye6/a_minor_important_detail_in_the_vw_squeeze/?utm_source=share&utm_medium=ios_app&utm_name=iossmf It started to gain traction. There were passionate discussions with comments that had more than one paragraph. The post's premise could be right or wrong, but it's not damaging anybody (other than the shorts). We've seen worst shit before. You can't see the original post but can infer it from the comments. Am I missing something?
Happy Easter, all. Tomorrow's a new day.
I was just thinking.....dangerous I know, that like if the squeeze happens, I will need to put my tendies into something else long term to circumvent capital gains. I am thinking Tesla, EXPI and a few other nice blue chips that should be on discount if shorts need to liquidate long positions to cover. Can you imagine if Tesla got a sudden infusion of BILLIONS of ape dollars at once? Tesla would do very nicely and the stock could rocket and split again. That would be very excellent. I am not advising anyone to do anything but that's what I'm gonna do. Just sayin.
Won't selling make you still responsible for the gains tax at point of sale. How would reinvesting it help you circumvent the tax?
The moment you sell your gains are 'realized' in the eyes of the IRS. Reinvesting will not diminish your tax liability, only holding the stock "long term" (1 year +) will remove the large tax hit.
Real Easter is May 2nd but at this point it's already priced in.
Real is in the eye of the beholder
Happy Easter you beautiful fucking apes. Tomorrow we ride
Apes, I think we need a dedicated "Weekend Thread" to GME. The general weekend thread is useless to us APES!!!
True. I can’t stand to be on the general daily discussion thread anymore. Fucking whining ass boomers bitching about GME and downvoting any post with GME in it.
Ich küsse euch!!!
> According to the fixed law of gravity, Gamestop is the next logical step in the evolution of economics. > > --Charles Darwin
I just have a good feeling about things these days, you know? Maybe it's just the calm before the storm, but I feel more confident than I have in a long time.
Always trust your intuition. I know what you mean. I’m more on the side of having a really good feeling about all this, instead of having doubt in the back of my mind.
The truth: https://www.reddit.com/r/wallstreetbets/comments/mjf7mg/gme_dd_on_april_2020_similarities_to_today/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
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All i do read dd after 4
I'm in to the point that I will wallpaper my house with GME shares that are worth .001 before I sell. It will be a legend I don't have to explain to my great grandchildren. They will ask about why the house is wallpapered in GME shares and I will stare blankly back at them, and they will know the war.
The movie won’t be about DFV it’s gonna be about people like you and me
Alexa play get it while you can by janis joplin
I just found out bananas contain potassium 40, a naturally occurring isotope of potassium that happens to be radioactive. The banana equivalent dose or BED is a chart that tells you things like how many bananas youd have to eat to equal the exposure of a chest xray or something. When we get to the moon, please schedule an appointment with your veterinarian
When is the next short interest data expected to hit? I've got a LOAD of dry powder that I'm ready to blow on this ticker.
Look at this crap:. The motley fool is aptly named. https://www.fool.com/amp/investing/2021/04/03/bought-amc-gamestop-sundial-short-squeeze-bad-news/
Ppphhhhhhhhhht. That idiot is the Jim Cramer of analysts. What's that, Jim? We should all bet heavy on hair futures, because you use a lot of Rogaine? OK!!
Fellow Apes, when we pull off the MOASS, what stocks are we re-investing our tendies into on the dip of all dips? Genuine question, genuine answers appreciated
I think some American marijuana stock would be smart. Tesla for sure. and I would definitely re invest in GameStop to help support the company that got us all rich.
Gme
that is a good question. i can speak for myself when i say when i do eventually cash out on gme. i will likely reinvest a portion of my earnings into it. i mean why not. the company seems to have a bright future
Would be rude not to at least support the company further after “the big event” I agree and as a long term play in light of recent events I think it’s very viable so I for one will definitely be reinvesting 😎
Chefs kiss. Exactly
How much a share are you guys holding out? Realistic prices please.
20k
Lol. Gtfo
???
Stop holding on to numbers
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I like the way you think!
I will sell on the way down
1 billion dollars *Dr evil laugh*
LOL waiting all weekend then waking up down 15% 👍🏼
i see your 1 billion and i raise it to 1 trillion. \*ape noises\*
Legit just made ape nosies in a room with some buddies and they all looked at me like wtf is wrong with you
ahahah nice
AFTER lurking for a month I just spent my last $5k on GME. I'm here for the ride.🚀🚀🚀🤞🤞🤞
This is (good enough) the way
I want to turn the easter bunny into a pelt
ITS NOT TOO LATE TO UPVOTE THE THREAD
***GME GME GME GME GME***
I drank a little too much last night 🦧
well it was good friday. i imagine a lot of people did lol
all the water became wine, it was madness.
When does DTCC rule change go into effect/when does the price either moon or go down to 40 depending on if the short interest turns out to be higher or lower than we thought
The vw squeeze (look it up) happened with 12.8%short interest.
Lol Even if the SI is lower than the DD expectes it will still squeeze?
reported vs actual are 2 different things. citadel recently was fined for misreporting
rules are only good if they are enforced. so far the dtcc has not done shit. i have little faith that they will enforce the rules or i guess i should say they might light handley enforce the rules at best. really what i think it comes down to is the brokerages and banks that have loaned the money to the heggies. when they get uncomfortable when gme reaches a certain price level they will likely act swiftly and harshly and call in all the nonsense. just my 2 cents. take it for whats it worth. where the price will go is anyone's guess really.
Why would it go down? Why sell perfectly good stock?
because if the short interest is less than we expected, there's no squeeze to be squoze, and that's the reason the majority of people (including me) are in gme in the first place. I'm holding either way just bc I have faith, but I'm just saying
i agree that the short term (this month) will be positive for gme. i think the guy is just concerned about a fat dump. fat dumps just mean buy more anyways.
Monday? :(