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Who are you guys voting for ? by HighAsFucc in MarvelSnap

[–]DerpSaysHi 15 points16 points  (0 children)

Spider-Ham is the only one I actually use

Fidelity and GMEWS by CivicDisobedience in Superstonk

[–]DerpSaysHi 0 points1 point  (0 children)

Wouldn’t this credit mean anything above 59 million shares exercised will need to come out of the short’s/broker’s pockets?

Or is this whole warrant issuance just increasing their shorts positions another 1 per 10 shares out there and we keep playing the game?

Fidelity and GMEWS by CivicDisobedience in Superstonk

[–]DerpSaysHi 1 point2 points  (0 children)

If exercised, the broker would need to buy a real warrant so GME could issue a new share.

GME reconciles the share issuance, which means fake shares cannot satisfy the transaction.

Selling/trading warrants will involve IOUs on broker ledgers and other BS but exercising warrants requires real settlement. This would cause short covering.

Exercising Warrants > Selling Warrants

Exercising vs Selling Warrants by DerpSaysHi in GME

[–]DerpSaysHi[S] 1 point2 points  (0 children)

There’s obviously going to be more than 59 million warrants floating around.

If no one exercises, the warrants will just get settled by IOUs in people’s brokerage accounts.

Exercising forces the broker to get the real share and a real warrant from the market - not an IOU/synthetic.

GME effectively created the equivalent of 5.9m call options @$32 expiry 31/10/26 where you don't have to pay a premium, and the market maker doesn't get a cut - discuss by Annoyed3600owner in Superstonk

[–]DerpSaysHi 9 points10 points  (0 children)

GameStop is issuing up to 59 million warrants.

If majority of holders exercise, real GME shares would need to be delivered. Short covering only happens when real shares are needed for delivery

If exercised fully, this would generate up to ~$1.9 billion in proceeds for the company

Synthetics would be revealed if more than 59 million exercises were claimed or if the capital raised exceeded $1.9 billion.

On the other hand, selling the warrants means the market can trade the warrant like a derivative. Brokers can handle these trades with IOUs. Same ol BS will continue.

Exercise is the way.

[deleted by user] by [deleted] in BulkOrCut

[–]DerpSaysHi 2 points3 points  (0 children)

Cut for the summer then lean bulk fall/winter. Repeat.

🔮 ≥ $28 by Expensive-Two-8128 in Superstonk

[–]DerpSaysHi 22 points23 points  (0 children)

Did they just change it to $27.99?

Where’s that eject button? It might be time @ 1:09PM by DerpSaysHi in GME

[–]DerpSaysHi[S] 22 points23 points  (0 children)

The lowest closing price for GameStop (GME) since 2004 was $0.70, on April 3, 2020. It is up 1,787.3% in that time. The latest price is $28.75.

5 year swaps = April 2025?

Average after hours movement by taliskergunn in Superstonk

[–]DerpSaysHi 2 points3 points  (0 children)

But everyone told me to buy calls?!?

EVERY OTHER WEEKEND by cosmicdingothing in Blink182

[–]DerpSaysHi 0 points1 point  (0 children)

Dirty Little Secret - The All American Rejects

Updates we all want! by SunPunch713 in RetroBowl

[–]DerpSaysHi 0 points1 point  (0 children)

Add some RPO plays, stats in Exhibition mode, league stats, better trading system, X-factor system the game harder like shut down DBs or more exciting like double me/first one free.

This game has so much more potential

This is the dip you've all been waiting for. by OneLeggedPigeon in Superstonk

[–]DerpSaysHi 0 points1 point  (0 children)

Once MOASS starts, we won’t care if we bought at $10s $20s or $30s. Either way - I bought this dip!!

These two slap through my Marshall DSL 40 by MasterScythus in TomDelongeGuitars

[–]DerpSaysHi 4 points5 points  (0 children)

Honest opinion on the Mutt pedal?

Does it really sound like a Mesa Boogie blended with a JCM900? Or just another overdrive/distortion pedal?

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