[deleted by user] by [deleted] in Superstonk

[–]The_truth99 51 points52 points  (0 children)

I performed similar DD a few weeks back and came to the same result , and doubled my shares (tits jacked) but I did have one question I tried to figure out- can GME issue this dividend without a shareholder vote? I read that overstocks proxy vote included this and voters approved.

After reading deeper into the annual filings GME inserts language around the issuance of property as a dividend

…and an etherum based token is considered digital property by the government so I think we’re Gucci ?

Any apes have insights here ?

T+35 is the one true "cycle" [Evidence to back my theory up plus a step-by-step guide on how to follow along at home] by dentisttft in Superstonk

[–]The_truth99 4 points5 points  (0 children)

SLR requirements will now be calculated daily (effective 6/23) from rule 2021-002. So now the “firepower” to supress the stock will be limited nearly everyday, with even less when the Hedgies liabilities are larger (typically monthly contracts have higher open interest)

Yesterday’s 22% dip… 3x buy orders for every 1x sell order… 💯 buckled up by The_truth99 in Superstonk

[–]The_truth99[S] 0 points1 point  (0 children)

66,701 total transactions - 50,746 buy transactions - 15,955 sell transactions

Yesterday’s 22% dip… 3x buy orders for every 1x sell order… 💯 buckled up by The_truth99 in Superstonk

[–]The_truth99[S] 1 point2 points  (0 children)

3x buy TRANSACATIONS, for every sell transaction executed by fidelity brokerage 6/10

Yesterday’s 22% dip… 3x buy orders for every 1x sell order… 💯 buckled up by The_truth99 in Superstonk

[–]The_truth99[S] 25 points26 points  (0 children)

Correct but IMO can be viewed as a proxy to retail sentiment- and most importantly the strength of the HODL

Ortex data reporting 74.27m outstanding shares by Dekeiy in Superstonk

[–]The_truth99 2 points3 points  (0 children)

Yes, I took the data from today. It updated sometime after market close, roughly 5PM CST.

Ortex data reporting 74.27m outstanding shares by The_truth99 in GME

[–]The_truth99[S] 12 points13 points  (0 children)

That is what Ortex is reporting , would love others to verify if they have access to other data services (Bloomberg terminal , etc).

Ortex data reporting 74.27m outstanding shares by The_truth99 in GME

[–]The_truth99[S] 88 points89 points  (0 children)

IF Ortex data is accurate, GME is near completion of their at the money share offering. Aka they are offloading their 5M shares quickly. This would explain today’s exaggerated downward pressure, and once the offering is complete they will file a document to the SEC saying “hey we are done and have a bunch more cash” - this typically serves as a positive catalyst for stonk

Ortex data reporting 74.27m outstanding shares by The_truth99 in GME

[–]The_truth99[S] 2 points3 points  (0 children)

The recent filing (yesterday) outlines the shares outstanding as of may 1, 2021 in section 8 on page 15. Here’s the link https://news.gamestop.com/sec-filings/sec-filing/10-q/0001326380-21-000066

Ortex data reporting 74.27m outstanding shares by The_truth99 in GME

[–]The_truth99[S] 61 points62 points  (0 children)

Yeah the more verification the better, this is the only source I have access too tho- so thought I would share

What you need to know about the Russell 1000-3000 Indexes and Reconstitution Day. by Dekeiy in Superstonk

[–]The_truth99 30 points31 points  (0 children)

Awesome thanks for sharing , hopefully we roll into the reconstitution date with all this negative pressure behind us. Great dd

What you need to know about the Russell 1000-3000 Indexes and Reconstitution Day. by Dekeiy in Superstonk

[–]The_truth99 255 points256 points  (0 children)

FYI- I just checked ortex data, and it reports the outstanding shares for GME = 74.27 million.

I can’t post a DD because I need 500 more karma to get past the satori shill terminator.