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GameStop (GME) announces stock "Dividend" split of 4:1 to put wicked shorters in a bind
Posted on 7/6/22 at 7:17 pm
Posted on 7/6/22 at 7:17 pm
https://www.reddit.com/r/Superstonk/comments/vt4bi6/pulte_all_aboard_the_rocket_ship/
This might force a squeeze on hedge funds who have been naked shorting (synthetic or counterfeit shares) of GameStop.
This is different than a normal stock split that divides a share. This one pays shares as dividends to current holders. Those who have printed synthetic shares will either have to print more synthetic shares... which they might if the corrupted SEC and DTCC allow... or they have to acquire shares to give to those who own the synthetics. It is a dilemma.
This topic concerns the politics of the economy, if anyone wants to bitch about it not belonging in politics. Without corrupt politicians and bureaucrats, the naked shorting, dark pools and off-exchange trading would never exist.
Bring down the corrupt and save America!
6
Posted on 7/6/22 at 7:21 pm to GhostOfFreedom
I don't understand synthetic share
Posted on 7/6/22 at 7:22 pm to GhostOfFreedom
quote:
GameStop (GME) announces stock "Dividend" split of 4:1 to put wicked shorters in a bind
so they cover the shorts then buy back in after the split and drive the price down 75-80% to where its currently at right now and they quadruple profits. all while legitimate shareholder get slaughtered because they wont see the writting on thw wall and sell at a loss now so they dont have even larger loses later
the stock manipulators never lose because the rules state they must preannounce all this BS so the smart money gets TF out of the way and only loses a few dollars while joe blow loses a quarter to a half of his IRA value
Posted on 7/6/22 at 7:38 pm to GhostOfFreedom
quote:
This is different than a normal stock split that divides a share. This one pays shares as dividends to current holders. Those who have printed synthetic shares will either have to print more synthetic shares... which they might if the corrupted SEC and DTCC allow... or they have to acquire shares to give to those who own the synthetics. It is a dilemma.
Clearly this belongs on the soccer board
Posted on 7/6/22 at 7:57 pm to GhostOfFreedom
So GameStop is going to bring down the establishment?
Please explain this to me like I drive a $1000 1999 Caprice with $5000 32 inch rims.
Please explain this to me like I drive a $1000 1999 Caprice with $5000 32 inch rims.
Posted on 7/6/22 at 8:11 pm to GhostOfFreedom
Do I appreciate RC for doing something to put counterfeiting turds in a bind? Absolutely
Do I believe those turds won’t do something else illegal to somehow turn this against investors? Nope
Do I believe those turds won’t do something else illegal to somehow turn this against investors? Nope
Posted on 7/6/22 at 8:19 pm to GhostOfFreedom
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This post was edited on 2/2/24 at 8:22 am
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