posted ago by FleshWound ago by FleshWound +132 / -3

Theres a ton of talk about how royally trapped/screwed citadel is, but don't they have a very straightforward solution to the short problem if Gamestop just releases more stock? I am a moderate retard, so maybe there are differences betweem AMC and GME that are lost on me.

I only have one share, so it's not like it's going to wreck me regardless, but I'm curious what people think about this since everything hinges on the hedge funds being trapped.

Comments (65)
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deleted 27 points ago +27 / -0
spinometer 30 points ago +31 / -1

gamestop by now is majority owned by retards

retards need to make sure THEIR board doesn't screw them by issuing more stock

jebba 33 points ago +33 / -0


Q? "Why are there 50 million people marching on NYC?"

A: "Shareholder meeting".

MrCuriousGuy513 16 points ago +16 / -0

That’s definitely a message to WallStreet on that note. 50 million people showing up for a shareholder meeting is something no one with a brain wants to mess with at all.

OGTD1 16 points ago +16 / -0

The only way they allow that is if someone sits on an overdosed black guy

FTR12 8 points ago +8 / -0

Dude thats just Monday on Wall Street.

deleted 11 points ago +11 / -0
OrangeCatBad 3 points ago +3 / -0

For now

SparkyEW 13 points ago +13 / -0

Not with STILL 120% of the stock Shorted. It was 140% before a major company sold and made 70+ million

SaveOurRepublic 7 points ago +7 / -0

Why would AMC dilute after narrowly escaping bankruptcy?

MasterChief 12 points ago +12 / -0

because they're retarded and china is taking advantage of the pump it currently has going

SaveOurRepublic 6 points ago +6 / -0

They’re in the same position as GameStop. This isn’t the first teetering on the brink of bankruptcy they’ve fought off. Flooding the market with liquidity would kill them. More importantly it would let the people shorting them kill them. Not even China is that dumb.

jebba 6 points ago +6 / -0

They just turned a massively spiked stock, their own, into cash in the billions by signing papers. Why not?

Bomberman 12 points ago +12 / -0

Why did you retards support a chinese company? You actually bailed them out and then some. You guys are the actual kind of retards.

go2marakesh 13 points ago +13 / -0

pecking order is America > CCP > liberal elites

The people destroying this country live in Manhatten and DC. China is just a beneficiary and helps in much smaller ways.

jebba 5 points ago +5 / -0

I don't hold any AMC (that I know of, maybe somewhere!). I LIKE GME, IT'S FOR ME.

PlumberFag 2 points ago +2 / -0

Yeah we know

SaveOurRepublic 2 points ago +2 / -0

They’re in the same position as GameStop. This isn’t the first teetering on the brink of bankruptcy they’ve fought off. Flooding the market with liquidity would kill them. More importantly it would let the people shorting them kill them. Not even China is that dumb.

OytotheVey 6 points ago +7 / -1

Doomer shills get lost. HOLD GME

finscreenname 6 points ago +8 / -2

I think as high as the price is they may sell some stock but (I'm sure they know what is going on) but that wont dilute the float

FleshWound [S] 4 points ago +4 / -0

Why wouldn't it dilute the float?

finscreenname 6 points ago +6 / -0

(sorry, I'm talking about Gme) They are not printing new. When and if they do they will sell it into the market and they could sell it all and still not be able to cover 125% short. Maybe drive the price down for a little while. Dont think the owners at some point are not going to sell some to "feed the babies" at some point. Just like the teachers fund in Canada did (saving it, you all should be proud). But again none of it is even close to covering the short.

Wizardslayer 5 points ago +5 / -0

You cant just issue new shares normally. AMC used a very specific method known as debt conversion to turn owed money into shares. I'm not entirely sure how the process works but it isn't something every company can just do at anytime.

Desktop 5 points ago +5 / -0

The debt was simply convertable debt. That's all. Most companies have some convertable debt. GME may have some but certainly not enough to make any difference. New stock would just ger gobbled up on the market. The hedge funds could beg GME to issue new stock and sell it to them but if GME did that they could ask ANY price they wanted and the funds would have to pay. Hedge fund bankruptcy is in the cards. Only when that happens will the stxok price come down.

Titanium 3 points ago +3 / -0

If GME issues more stock, then it will have tons of cash.

That cash will make the company actually valuable.

OrangeCatBad 4 points ago +4 / -0

GME has more cash then debt even before the squeeze, they are not at risk of bankruptcy, which is why the short selling by the Hedgefunds was trying to murder someone who was suffering and ankle sprain

Titanium 1 point ago +1 / -0

If GME had lets say $10b in cash, they would be at minimum a $10b company, and the shorts would never be able to cover at a low price.

Starfish 1 point ago +1 / -0

That would be true if GME value were legitimate in any sense, but they are So far beyond any possible valuation that this safeguard does not exist.

When apple issues more stock the cash balances the dilution. When GME issues more stock, the short squeeze ends and the cash only makes them worth an amount equal to the cash.

Titanium 1 point ago +1 / -0

Not if they announced they are offering infinite shares at 420.69 starting in a couple weeks

deleted 1 point ago +1 / -0
President_Elect_Pepe 3 points ago +3 / -0

My guess is with the crazy amount of short interest the problem is that rumor is that shorts WENT UP on Friday.

So issuing more shares may just contribute to the problem.

I know there are different share types but I’m not sure if they could be allowed to publicly list shares which could not be lent to others. Certainly that’s done privately.

Others had suggested this but mentioned it could take weeks to set up.

Milkpowder44 3 points ago +3 / -0

I read somewhere that if they would, they could only issue 100m more shares which isn't enough to make a big dent.

squishles 3 points ago +3 / -0

the difference with gme is the people who have control over wether that happens have reason to not like the guys pulling the short

Kaputtmacher 2 points ago +2 / -0

I'd like to know how the shareholders feel about that. Oh wait, thats us.

KiloRomeo 2 points ago +2 / -0

Also depends upon list price. Assuming they do this then assume it would be at or above market price. Since this is substantially above the short opening position it wouldn’t assist in position closures.

Killerko 2 points ago +2 / -0

Why would they do so tho.. they wanted to screw gamestop.. why would gamestop try to help them?

deleted 2 points ago +2 / -0
OrangeCatBad 2 points ago +2 / -0

Even if gamestop make available all it shares, it still not enough to cover all the shorts

thisdyyd 1 point ago +2 / -1

Dont understand why would people invest into AMC. They ain't shorting it. Looks like it is just to divert us there from GME. They want us in other stocks than GME. Don't fucking fall into that trap

OrangeCatBad 5 points ago +5 / -0

If I'm not mistake amc was the 2nd most shorted company in wall st. They just didn't enter insane levels like gamestop

Auroraalpha 3 points ago +3 / -0

Its worse now, since issuing new shares dilutes the % shorted and lowers the overall price. In other words, the hedge funds got bailed out and their short bets worked.

OrangeCatBad 3 points ago +3 / -0

That assuming the stock goes down, when sharea become available the stock can go up depending on voliciity of purchasing

Example sony releases more ps5 but demabd is out pacing supply so price remain high on ebay.

Auroraalpha 2 points ago +2 / -0

Correct. I am on the assumption that you arent able to buy all 44M shares they dump in as a supply shock. Then again, the instant shock probably lets the high volume traders buy back cheap first, before we come in to demand for more shares. I really hate this when we have to go through middlemen.

Desktop 4 points ago +4 / -0

I dont think in AMC case they have issued stock with the intention of driving down the price or holding the price to help hedge funds. They are doing it to extinguish debt, converting debt to equiy, so they expect the price to hold or continue climbing.

ProudWhiteMan 0 points ago +1 / -1

Well if they double stocks then you'd have two instead of one. They don't create new stocks for themselves and I believe if something like that was to happen it'd double the amount of stocks owed (I have no idea what kind of contract it is but I am sure it covers if a stock doubling occurs)

Starfish -2 points ago +5 / -7

This is the problem and why the short squeeze will not really work. The value of Gamestop stock is not in line with the value of the Gamestop company. When they issue more shares the stock price will cras.

BlackDay2020 7 points ago +7 / -0

That would earn them a lot of enemies. The people literally undid the short that was meant to kill them off. Turning their backs now on the same people (who overlap in a big way with the customer base) for a profit would be the worst PR for them. They need to pick between long term survival vs short term profit.

ez0per8r 4 points ago +6 / -2

You think they care? The shareholders of gamestop and the hedge funds shorting it all rub shoulders with each other. It's a big club and you ain't in it.

deleted 1 point ago +1 / -0
vicentezo04 -1 points ago +3 / -4

GameStop has a poor fundamental business model. They're a physical video game store at a time when most games are downloaded.

The 120% short was a retarded move by hedge funds, but GameStop would have had to make lots of fundamental changes to remain a viable business regardless.

ProudWhiteMan 3 points ago +4 / -1

I think the consumers are retarded. Pay 60 bucks for a downloadable game and then have to shell out 300 more for a bigger harddrive. I much prefer physical games than downloaded games, there is no convenience in that, just greed. You then don't even own the game to loan or trade. Don't buy the lie physical ownership > digital ownership.

Anyways have you guys gone to your local Gamestop? This whole thing is driving business to them as well. I wouldnt be surprised if they have record profits this next quarter.

go2marakesh 1 point ago +3 / -2

Yeah, I've been thinking this is how it will end. Gamestop sells shares to hedge funds at exorbitant prices. Then close the rest of their stores down because its a dead end business model. Take the money and run.

deleted 1 point ago +1 / -0
deleted -31 points ago +3 / -34
jebba 15 points ago +15 / -0

I just like the stock, so for ME, it's GME.

deleted -10 points ago +1 / -11
undercoverincali 3 points ago +3 / -0

Then educate yourself regarding this issue and quit advocating their position.

krypt0 6 points ago +6 / -0

Profits into silver ... and DOGE! ;)

For now we are holding GME

BlackDay2020 5 points ago +5 / -0

Son if you want to win, you have to be focused. Shifting attention midway is worse than not having bought at all (many retail traders will be bag holders if enough leave now).

Buck_O_Five 4 points ago +4 / -0

If you got in after $60-$100 not expecting to be a bag holder, you got in for the wrong reasons.

If you are in it to make money and not to burn the shorts (I am the latter), you are gonna have to be nimble on your exit.

BlackDay2020 6 points ago +6 / -0

Most noobs joining WSB now are buying in because they got blood on their minds. They want Wall St to burn.

Originally WSB members like DFV saw this as a profit play. But not all these new people. It's becoming a political movement statement now, and I don't think this will be the end of it.

Buck_O_Five 2 points ago +2 / -0

With a name like Silversurfers you're probably a long time bug.

Myself since before the GFC.

You and I have probably seen the hand of god come in on the silver and gold markets multiple times.

April 2013 being probably the most egregious example I have seen of effectively unlimited cash monkey hammering the price down via futures.

In the PMs you are up against the central banks (who don't want the sheeple getting scared watching real money go up against their confetti losing confidence in currency, especially in a time of zero interest rates) and the bullion banks and swaps traders that facillitate it.

Unless you have big balls and a vault and are willing to part with 140k a shot on delivery of a contract the crimex won't be broken.

Unless it is specifically in the ETF that they have to back it with secured bullion they can just go ahead and do a swap or just cover with any of the 100:1 paper claims. The only way is to deplete the physical reserves.

That being said, I sincerely hope the retards, banded together, can accumulate the firepower of capital to pull this off.

I'm not sure if their attention spans and patience are there to see it out though, this isn't a pump'n'dump day trade on a low cap stock...