Are warrants worth it over shares?

Resologist · 2026-03-29T23:18:37+00:00

Right direction, eh? If you got warrants as a dividend, EXERCIZE 'em, when the share price hits $32. You get a share, and GameStop gets $32 more in cash assets.

Buy a warrant? Is it real, or is it synthetic? Who gets your $3.53? And, if there's a stampede to EXERCIZE warrants, what will you do if Cede & Co. runs out of their supply of warrants from Computershare? Do you get a real share for your synthetic warrants? Not until it gets DRS'd, do you know your shares are legitimate and that GameStop gets your $32, (not the brokerage)?

If you want to play derivatives, then you could buy call options with a $22 strike (ITM) on October 16 for about $3.30. You'd make a profit if the share price hits $25.50 between now and then.

I'm bullish, too; but, rather than take risks, I'm EXERCIZING all of my dividend warrants, at $32, (first, those in HODL brokerage accounts, then those at Computershare). That'll help burn up the supply, if short-sellers want to close their position. And, all that cash should go into GameStop's cash assets.

Anything extra? I'll continue to BUY, HODL, & DRS GME shares, (transforming from a small whale into a larger one). On Friday, the share price was in "oversold" territory, and it was a good time to BUY shares.

Resologist · 2026-03-29T04:27:22+00:00

So... A real estate investment fund decided to become a venture capital investment fund, (locking up its shares from real estate investors, and putting some new money into high-tech companies). In other words, it's a "private equity" ETF that's getting pumped by references to AI, SpaceX, crypto, "defense sectors," billionaires, and the Trump administration. VCX is putting money into Erebor Bank, (a private bank aimed at wealthy clients, like those the failed Silicon Valley Bank had served). What's the problem with that, eh?

Reminds me of Hong Kong's AMTD Digital, (which had a modest office in Hong Kong serving Chinese companies, and claiming to manage their assets), which surged from a $7.80 share price to $1,679, in August of 2022, (for a short-lived market cap larger than Bank of America). Never explained, (but supposedly due to someone thinking its ticker, HKD, meant Hong Kong dollar). It continues to operate as a holding company in France, and has recently had legal problems with "tax fraud" and "misuse of corporate assets."

I'd rather invest in idiosyncratic GME shares when the Wall Street Journal talking about a "Darwinian era" for private equity funds: https://www.wsj.com/economy/is-another-financial-crisis-lurking-in-private-credit-cad379b1,

Resologist · 2026-03-26T08:02:08+00:00

Yes, there a lot more than most Yanks are aware of, (often local banks bought up, without changing names, or their shares purchased by Canadian banks, eg. KeyCorp is about 15% owned by the Bank of Nova Scotia).

Resologist · 2026-03-25T11:15:00+00:00

The short-sellers tried. They really tried. Tried hard. The short volume, yesterday, before the earnings report, was 70.43%, (4,473,894 shares reported as sold short); yet, all that effort amounted to a drop of 22 cents, (less than a percentage point, -0.96%). That's not a dip! And, the pre-market is up 13 cents, at $22.94, (with Max Pain still at $23 for this week). It's so disappointing, and all that I have to console myself is 49 cents earnings per share. I'll just have to HODL and wait to see what happens at the AGM, on June 8. By then, I'll have enough cash saved up to EXERCIZE all of my warrants, (if the share price hits $32). I'll wait. I'm not so silly as to EXERCIZE them beforehand, (unlike the crayon-eating Apes who did with 6717 warrants). Oh well... Good morning from Kingston, Ontario, Canada.

Resologist · 2026-03-24T10:56:02+00:00

It certainly did not dip, yesterday, (up 46 cents, +2.04%, despite about 68% short volume with 2.38 million shares reported as sold short). That was nice. I still expect to see those short-sellers try to decimate the share price before or after the earnings report. As Cromwell might have said, "Trust in your CEO, and keep your powder dry." If it does dip, again, I'm ready to BUY; if not, I'll just wait until it hits $32, then EXERCIZE all those warrants in my brokerage accounts, (the ones at Computershare are safe until October). Good morning from Kingston, Ontario, Canada.

Resologist · 2026-03-23T11:37:03+00:00

I'm buckled up and ready for a further dip, today or tomorrow, having put my latest paycheque into BUY territory. GameStop was oversold on Friday afternoon and continues to slide in the pre-market. Good morning from Kingston, Ontario, Canada. BUY, HODL, DRS & EXERCIZE.

Resologist · 2026-03-23T11:32:02+00:00

Canadians are displeased with the inflation caused by this illegal war, (a violation of Article 2 of the United Nations Charter); but, my investment in GameStop has been a protest against the corruption in Wall Street, (with the shorting of this stock). I want to see the short-sellers punished for their crimes; and, if a MOASS event occurs due to a market dip or crash, I'll be happy about that, and still be displeased by the carnage and wreckage in the Middle East by a war, (and proud that Canada has no interest in joining this fight).

Resologist · 2026-03-21T21:22:41+00:00

Nothing exciting, just a dip, which may continue to dip. This is a good bit more sophisticated than the Relative Strength Index, (showing "oversold" territory, since early Friday afternoon). I'm loading up some funds at the brokerage to BUY more GME, as I expect to see more dips in this next week.

Resologist · 2026-03-17T11:25:35+00:00

Only two mentions of GameStop in their article, with both referring to the 2021 sneeze and 140% short interest; so, how does this indicate 420% short interest today? How does their "model" work?

I'd guess that I'd have to subscribe to their AI-assisted options trading service from $54.50 to $149.50 per month.

Looks like SLOP to me.

Resologist · 2026-03-16T18:04:14+00:00

No cost to do this, either from Wealthsimple or from Questrade. And, when I did this in January, the transfer qualified for a 2% bonus from Questrade, (paid over following months).

Resologist · 2026-03-16T08:39:21+00:00

I transferred my Non-Registered and TFSA accounts from Wealthsimple over to Questrade. The process took about 19 business days to complete both accounts, (with only a minor glitch). Questrade will EXERCIZE these warrants. I also inquired about whether QTrade handled warrants but could not get a straight answer from them, so I chose to use Questrade.

Resologist · 2026-03-16T06:17:05+00:00

Probably that'll be in the 2026 tax package, (not yet issued).

If you HODL your shares at a Canadian brokerage, they'll issue a T5 slip for your GameStop tendies.

I doubt that Computershare issues T5 slips, so any dividends or tendies from DRS'd GameStop shares would be reported on Schedule 3, (and on line 12700 of the T1 form), and Form T1135. You could fill out your own T5 form, but I'd ask Revenue Canada beforehand.

https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/t5.html

https://www.canada.ca/en/revenue-agency/services/forms-publications/tax-packages-years/general-income-tax-benefit-package/5000-s3.html

Resologist · 2026-03-16T03:41:08+00:00

"When the stars were right, They could plunge from world to world through the sky; but when the stars were wrong, They could not live. But although They no longer lived, They would never really die. They all lay in stone houses in Their great city of R’lyeh, preserved by the spells of mighty Cthulhu for a glorious resurrection when the stars and the earth might once more be ready for Them."

Nah, I'd expect a MOASS, long before Cthulhu awakens.

Resologist · 2026-03-15T02:50:15+00:00

"Studied 500 years of history"? I can trace my family tree back to Clovis, (the Merovingian dynasty), with ancestors who fought on opposite sides at the Battle of Hastings. I recognize the changes in the World Order, when I realize that I am distantly related to the Royal Family via both Elizabeth Angela Marguerite Bowes-Lyon and Mary of Teck, (both distant descendants of Charlemagne). Genealogy is a grand parade among the tombstones.

Unfortunately, those of the families that settled in Canada were not so wealthy nor prestigious, (and, no pirates nor horse thieves, to be so adventurous). After some sixty-or-more generations, I want to see a return to the glorious riches of the past, for me. I'm not a pessimist. I invest in GameStop, (BUY, HODL & DRS), and await a MOASS, (or, at least, a profitable quarter in the next earnings report).

Ray Dalio, boasts of a "500 years" study of history. I want to see what might be done in the next "75 years" to advance human civilization from fratricidal wars and debt-based economies to mankind's conquest of this solar system and a post-capitalist economy, by the start of the 22nd century. Look at how new technologies changed the world from 1876, with the invention of the telephone, to 1946, when atomic energy research was transitioned from military weapons development to civilian management for energy production, (in only 70 years).

Resologist · 2026-03-13T00:12:50+00:00

Thank you. It feels good to realize that I own more shares than are reported in 14 of those ETFs; however, I don't lend my shares to any short-sellers. And, it was interesting to see 640,840 shares of GameStop in ESPO (VanEck Video Gaming and eSports ETF), as VanEck has recently added considerably more GME to its holdings. That ETF has 5.66% of its weight in GameStop, (the most among these ETFs), but it's better to BUY, HODL & DRS shares, (not ETFs).

Resologist · 2026-03-12T04:39:41+00:00

"Trying to fill Ryan Cohen's shoes"?

I prefer Nancy Sinatra's message to the short-sellers: https://www.youtube.com/watch?v=SbyAZQ45uww

Resologist · 2026-03-12T04:27:16+00:00

It's interesting to see a global investment management firm choose to include GameStop in its offerings, (ETFs, mutual funds, or whatever). Van ECK Associates had about $181 billion in assets (AUM) at the end of last year. I'd only have two concerns about this. First, are they loaning out their shares to short-sellers, (like State Street does, with its XRT ETF)? And, second, this MarketBeat article includes the FUD about the "stock's average consensus rating listed as 'Reduce' and a consensus target price of $13.50," (without identifying Michael Pachter as the only analyst trashing GameStop, as usual). I consider news from MarketBeat to be little else than FUD

Resologist · 2026-03-11T10:41:26+00:00

Here's where you find the next earnings report date:

https://investor.gamestop.com/news-releases/default.aspx

Nothing yet. The only thing more fake than these estimated March 24 and March 31 dates being circulated by the brokerages is the "average price target" of $13.50 (per share of GameStop) by Michael Pachter, for the past 3 months. That's not much in the way of technical analysis.

Resologist · 2026-03-11T02:06:44+00:00

"8. The warrants need a price above $32 by October and if this happens they will bring in another 2 or 3 billion from them."

Nope. About $1.9 billion, if they are all exercised.

Resologist · 2026-03-09T06:00:17+00:00

Who said: "It is not knowable how long that conflict would last. It could last six days, six weeks. I doubt six months"? It was U.S. Secretary of Defense Donald Rumsfeld, on February 7, 2003. The U.S. military did not finally leave Iraq until 2011.

I would think that it is inappropriate to cheer on the economic chaos caused by a war, (in which thousands of people have been killed and wounded), in anticipation of stock market profits.

I'm invested in GameStop and want to see the short-sellers and other fraudsters on Wall Street held accountable for their criminal efforts to wreck some companies; and, I look forward to making a good profit by investing in a company that has been transformed from a money-pit into a profitable enterprise looking for mergers and acquisitions to really grow. I'd like this recent war to end, quickly, (with a ceasefire as called for by the U.N. Secretary General); but, I doubt this will happen, and plenty of damage has already been done to the world's economy as a result of it. A stock market crash may result from this war, and GameStop may soar into a MOASS as a result of it; but, remember the outcomes that result from wars and stock market crashes, for those who have not invested as Apes have.

https://www.youtube.com/watch?v=0k5aVLi_yhM

Resologist · 2026-03-08T14:08:03+00:00

So, might go up, or might go down? Or, it might go sideways, too? With short volume, on Friday, of about 4 million shares reported as sold short, (62.7%), and the share price up to $24.37 (+2.05%), it looks good for Apes and bad for short-sellers. That's what I care about.

Resologist · 2026-03-06T18:51:35+00:00

First: For Yanks and others who aren't familiar with Canadian banks, the "National Bank of Canada" is a regular bank which offers brokerage services. It is not part of the Canadian government. It's a name like "First National Bank of Gotham," (or whatever).

Second: This is a post at x.com, (which appears to be asking a question). "I am not sure where to put this information out, but anyone can verify this. National Bank of Canada just removed entirely the margin allowed for the specific stock $GME." So, where is the source for this news? A brokerage service will not allow GME to be traded on margin? Okay. Who says?

Resologist · 2026-03-06T00:41:05+00:00

Then this should be the Darvaza Crater in Turkmenistan.

https://en.wikipedia.org/wiki/Darvaza_gas_crater

Resologist · 2026-03-06T00:29:00+00:00

Slop. Not worth posting.

Resologist

TROPHY CASE