(05-20-2024, 10:53 AM)flsprtsgod Wrote:

(05-19-2024, 11:17 PM)p_rushing Wrote: Supposedly will be going back up this week as they moved shorts to the 21st. The stock is primarily trade off market with fake shares. DRS a few shares and hold them in case they are ever made to cover the shorts with real shares. You will be able to name your price if it happens.

Gamestop announced some options they have for selling shares in the future. Looking like they want to profit off the shorts and the board members have been buying stock, so I doubt they think it will hurt the stock price.

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Yeah, we'll see. I bought back in at $22 in after hours, maybe we'll see another skyrocket this week. If we don't I won't be out much unless it really craters below the historical trend from a few months ago.

The Gamestop release gave them 3 years, I think, to issue the shares. How they do it will be interesting. They could offer subscriptions, force the people loaning shares to buy shares from them at high rates since there aren't real shares available, etc. Whatever they do, I think it forces the shorts to have to convert to real shares for some type of dividend. The last dividend allowed a lot of people to buy it without using much money and the shorts are even worse now.

I doubt we will ever see the crazy share prices but I got a few pre dividend and have them split between DRS, IRA, and regular trading account. If the crazy price ever hits, I won't have to work.

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