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Started By
Message
GameStop might be starting a squeeze.
Posted on 3/21/23 at 4:26 pm
Posted on 3/21/23 at 4:26 pm
Or, maybe not, but it is fun to watch.
6
Posted on 3/21/23 at 4:27 pm to GhostOfFreedom
Saw that right after the market closed. Interesting. Up 49% after market. Unreal.
Posted on 3/21/23 at 4:30 pm to Im4datigers
Beat projected earnings. Earning positive.
only 0.16 EPS, but it shows that the leadership is serious about turning the company around.
only 0.16 EPS, but it shows that the leadership is serious about turning the company around.
Posted on 3/21/23 at 4:36 pm to GhostOfFreedom
I don’t think it’s possible to see what we saw before.
Didn’t the float increase four or five fold?
Didn’t the float increase four or five fold?
Posted on 3/21/23 at 4:40 pm to GhostOfFreedom
They have been running 24% cash back through various cash back sites lately, only way I am saving money with gamestop.
Posted on 3/21/23 at 4:46 pm to GhostOfFreedom
not a squeeze, just a surprise earnings beat
Posted on 3/21/23 at 4:53 pm to bayoubengals88
quote:
Didn’t the float increase four or five fold?
Last Summer GameStop issued a 4 for 1 split dividend. Shares went from about 75mil to 305 mil.
The gotcha in the whole dividend was that the DTCC issued many shares as a regular split not a dividend. GameStop gave ComputerShare the correct number of shares. CS distributed it to those of us directly holding, then gave the rest to the DTCC to distribute. This is were the DTCC committed International Securities Fraud. They gave out the shares to select brokers and told the rest to handle it as a regular split. Why? Because there are so many naked short shares. That is what will eventually cause a massive squeeze, unless the government changes the rules. That is sadly very possible.
Posted on 3/21/23 at 5:51 pm to GhostOfFreedom
quote:
his is were the DTCC committed International Securities Fraud. They gave out the shares to select brokers and told the rest to handle it as a regular split. Why? Because there are so many naked short shares. That is what will eventually cause a massive squeeze, unless the government changes the rules. That is sadly very possible.
Posted on 3/21/23 at 6:32 pm to MusclesofBrussels
Muscles, you can laugh, but it is what happened.
There are still massive amounts of synthetic shares of GameStop held at brokers around the market.
There are still massive amounts of synthetic shares of GameStop held at brokers around the market.
Posted on 3/21/23 at 6:50 pm to GhostOfFreedom
quote:
Muscles, you can laugh, but it is what happened.
Didn't you call this yesterday or something and everyone shite on you?
Posted on 3/21/23 at 9:45 pm to GhostOfFreedom
Bookmarked! I'm rooting for you.
Posted on 3/21/23 at 10:06 pm to GhostOfFreedom
quote:
The gotcha in the whole dividend was that the DTCC issued many shares as a regular split not a dividend. GameStop gave ComputerShare the correct number of shares. CS distributed it to those of us directly holding, then gave the rest to the DTCC to distribute. This is were the DTCC committed International Securities Fraud. They gave out the shares to select brokers and told the rest to handle it as a regular split. Why? Because there are so many naked short shares. That is what will eventually cause a massive squeeze, unless the government changes the rules. That is sadly very possible.
Posted on 3/21/23 at 10:13 pm to GhostOfFreedom
I bought calls a month back. Joining for the ride.
Posted on 3/22/23 at 9:42 am to METAL
quote:
I bought calls a month back. Joining for the ride.
Good Deal! I hope you make mint!
I don't do options. I just buy and hold. I just bought more. Buy when up, buy when down. Hold with hands of diamonds.
Posted on 3/22/23 at 12:34 pm to GhostOfFreedom
In AMC. Rooting for GME too, but pessimistic about today. They’ll drop another few million synthetics on us when jpow speaks.
Posted on 3/22/23 at 1:37 pm to GhostOfFreedom
quote:
GameStop might be starting a squeeze.
quote:
Or, maybe not, but it is fun to watch.
Posted on 3/22/23 at 2:27 pm to GhostOfFreedom
(no message)
This post was edited on 3/22/23 at 2:43 pm
Posted on 3/22/23 at 3:48 pm to boogiewoogie1978
quote:
quote:
GameStop might be starting a squeeze.
quote:
Or, maybe not, but it is fun to watch.
The day is coming - if government will allow it and not toss out all rules.
I will just keep buying and trust that they will do what is right. I know, the second part is foolish.
Posted on 3/22/23 at 3:50 pm to IMJ127
quote:
(No message)
I wish I saw whatever you posted. +/- to me, I still like the read honest comments.
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