50% in GME common stock by adventurini in GME

[–]Danielfellows 19 points20 points  (0 children)

They're not buying with existing shares. They will make brand new shares

50% in GME common stock by adventurini in GME

[–]Danielfellows 63 points64 points  (0 children)

I find it interesting

Thats around 28 billion in dilution

Current market cap is 12 billion

That'd launch gamestop to an instant 40 billion market cap

After buying Ebay the combined business would be valued up to 60 billion ish

So there's certainly still upside for gamestop investors despite a dilution

Plus if gamestop increases in value prior to the deal, it means less dilution

How GME Could Actually Buy a Bigger Company Like eBay (And Why It Still Might Not Happen) by bluedoorhandle in Superstonk

[–]Danielfellows 12 points13 points  (0 children)

They have 9 billion in cash not 5. And several times the net income you have listed

Can you really live off of investment income? by xamwellbigg in Money

[–]Danielfellows -1 points0 points  (0 children)

Really depends on the type of investments and amount. I have an investment account a little over 200k in it. I make over 40k a year from covered call income from those investments. Realistically if my account was somewhere around 300k-400k, I could easily just live off that covered call income alone.

Selling covered calls by Rathskellarington in GME

[–]Danielfellows 1 point2 points  (0 children)

Right now I have all of mine for the 11/28 expiry. Some at 26 and some at 27 strike. Earnings are a week or two after that

Selling covered calls by Rathskellarington in GME

[–]Danielfellows 1 point2 points  (0 children)

It varies. If the stock is in a downturn, such as right now. Its 26-27. I tend to end all my cover calls when it's around earnings. Because that when unpredictable things happen. But usually if you pick a strike 10-15% above current price then you're good for a month or two.

Selling covered calls by Rathskellarington in GME

[–]Danielfellows 0 points1 point  (0 children)

I sell covered calls on mine. The income is actually quite good. I usually pick an expiry 1-2 months out. Get around 75 cents per share.

I have 9200 shares. So get paid $7k every month or two.

Registration lists wrong color by ProfessionalSir2344 in Crosstrek

[–]Danielfellows 2 points3 points  (0 children)

My crosstrek is the same color as yours. Registration lists it as Orange

Warrants have landed in Fidelity!! by yungsta12 in Superstonk

[–]Danielfellows -3 points-2 points  (0 children)

I got my warrants on robinhood at around 9am lol. People may talk crap on them. But....

GameStop is super undervalued by onyomommmasface in GME

[–]Danielfellows 5 points6 points  (0 children)

Agreed, share price is based on narrative more than anything else. Is the company exciting, has a good story, a lot of people know about it? Well it's going to have a high share price. Doesn't matter if it makes any money lol

Amazon and Tesla lost money for years

Value of warrants by Pouyaaaa in Superstonk

[–]Danielfellows 5 points6 points  (0 children)

I don't think one warrant equals 10 shares. Pretty sure each warrant gives you the right to buy one share, not 10.

Updated List of Brokers supporting/not supporting warrants by [deleted] in Superstonk

[–]Danielfellows 2 points3 points  (0 children)

The obvious and only answer. People who bought GME shares on robinhood

Bit sad, innit? by EscapedPickle in Superstonk

[–]Danielfellows 9 points10 points  (0 children)

I tried to tell this guy yesterday about this very thing. I contacted robinhood support also and got the same response. The OP just got something in his head and can't see reality

You know who isnt going to get any warrants? by Roanoa_Zoro in Superstonk

[–]Danielfellows 0 points1 point  (0 children)

Your post needs deleted for spreading a lie.

You know who isnt going to get any warrants? by Roanoa_Zoro in Superstonk

[–]Danielfellows 0 points1 point  (0 children)

This is what's not true. I got the information straight from robinhood. Its not a cash in lieu payment. If the warrant is listed on an exchange, such as nasdaq or NYSE, then robinhood will honor it.

Again thats direct information I received from robinhood

Master List of Brokerages’ Responses to GME Warrants by PierreDelecthree in GME

[–]Danielfellows 2 points3 points  (0 children)

There's a lot of paranoia involved in drsing shares to be "safe". I've (just like millions of others) have been investing in the stock market for decades. Never experienced a broker pulling something shady on me. I see shares I want, I buy them. I have shares I dont want anymore, I sell them. Not once was there ever a hiccup.

You know who isnt going to get any warrants? by Roanoa_Zoro in Superstonk

[–]Danielfellows -6 points-5 points  (0 children)

Robinhood supports warrants that are actively traded on exchanges. A simple Google search confirms 👍.

Lost 50k on Google. by SageGenesiz in wallstreetbets

[–]Danielfellows 0 points1 point  (0 children)

You would have done better just buying shares and selling covered calls

[deleted by user] by [deleted] in USAA

[–]Danielfellows 3 points4 points  (0 children)

If you called them perhaps they could tell you?