We Mooning!
We Mooning!
We Mooning!
We're up this morning and I think we got earnings this week for GME.
I'm sure we still got a way to go, but I have a feeling we're really coming to the end of this drama in the next several weeks.
Posts that aged poorly
I still believe this is cyclical and is going to keep happening until the hedgies actually exit their positions. They got exposed in January, but they're slowly working their way out of their mess, IMO.
Legally?
Well the new chapter in the drama of GME is all of us moving our shares to the transfer agent ComputerShare.
I moved my five shares this morning. Kinda brilliant and full of precedent. By having us Ape's move our shares to the transfer agent, we have certified that the stock is listed with our social security number on it. We own the stock, so *if MOASS happens, there is no if, when, or butts about whether you have the stock or not from the brokerage.
Moreover, the biggest reason for all of this, is by having everyone move and certify their stock at the transfer agent, is like us conducting a share recall. Because *if we truly own the float, at some point the Transfer Agent is gonna go, WHOAH, hol up, there are more transfers coming in then there are outstanding shares, to which the entire market goes UH-OH.
lol.I walked into a GameStop today, for the first time in a long time. It is quite a sad ghost town of gaming, barely any games in the store, and really not much of anything else either. It really looks like a store that's just about to fold.
If you own GameStop stock, I really recommend you sell that hot-potato before it's too late.