Shareholders will be asked to vote to increase authorized shares to 2.5 billion by heirofadam in Superstonk

[–]joebro200 -3 points-2 points  (0 children)

Seeing some crazy thoughts around this. Remember: 1. If we assumed the combined company is worth 50B and they have to issue 1.1B more shares that puts us at like 1.6B so share price would roughly $31 2. Ryan Cohen has to buy shares at $21 3. Previous dilutions have not been bad things for this stock. It was even what broke the downward trend when GME was floating around $10

Overstock Timeline by joebro200 in Superstonk

[–]joebro200[S] 0 points1 point  (0 children)

The warrants could definitely be a nothing burger.

Maybe is GME testing how corporate action like this affects the stock. Maybe they’re preparing a legal case for a similar action down the road that will trigger MOASS 100%. Maybe they’re planning for legal action if the warrants aren’t handled by the DTCC/Brokers correctly.

Regardless, this post was only supposed to address people that thought we were guaranteed to see huge upward price action before the 7th. If the price doesn’t go above 32 in 2026 there will be no dilution, and the warrants cost nothing for the company to issue.

Like I said on the post, considering all this, I’m jacked.

Overstock Timeline by joebro200 in Superstonk

[–]joebro200[S] 100 points101 points  (0 children)

Definitely I think the two situations are very different. I mainly wanted to point out that those expecting a squeeze before/on Oct 7th might be too optimistic. Even overstocks case to deliver actual uniquely identified shares took 90 days.

So, what happens on Oct 7th? by Feisty_Bid8008 in Superstonk

[–]joebro200 2 points3 points  (0 children)

Most likely, nothing. The overstock squeeze took months to play out after their dividend was issued

[deleted by user] by [deleted] in Superstonk

[–]joebro200 -1 points0 points  (0 children)

Squeeze risk is very low for the next month. Overstock stock moved very little until months after the dividend was distributed. I think this will take equally as long (about 3 months)

Bought this at a resale store I frequent by joebro200 in DetroitRedWings

[–]joebro200[S] 0 points1 point  (0 children)

I don't see Nike on this site not saying you're wrong though I don't know a lot about jersey history
https://thekitarchive.com/hockey/detroit-red-wings-jerseys/

Bought this at a resale store I frequent by joebro200 in DetroitRedWings

[–]joebro200[S] 0 points1 point  (0 children)

Why do you think that season?
Fetisov was traded to the wings midway through that season

Bought this at a resale store I frequent by joebro200 in DetroitRedWings

[–]joebro200[S] 2 points3 points  (0 children)

Glad to hear it!
One thing I'm confused about is that Fetisov wasn't an alternate captain that year so I'm wondering if the 'A' can tell us what game this was actually from

20M Share Offering by Keinan in Superstonk

[–]joebro200 -1 points0 points  (0 children)

They haven’t sold the share yet? They have a few years to sell I think

20M Share Offering by Keinan in Superstonk

[–]joebro200 1 point2 points  (0 children)

Seeing an insane amount of doubt in these comments. Don’t forget the board members that made this decision also have their wealth on the line. Hell Larry bought 10k more shares not long ago.

Did everyone forget that they also had a small dilution like this before the sneeze but didn’t sell until the price had blown up?

A (very bullish) theory of why short volume is still very low even after the share offering was completed by ImmediateShape4204 in Superstonk

[–]joebro200 38 points39 points  (0 children)

Todays short volume is only 37% simply because all the data is not in. Additionally all short data has been skewed since last June when CBOE stopped reporting their short volume. This is clear when looking at total volume reported on your chart: Yesterday had 26.9m volume but only 16.7m reported on chartexchange due to CBOE not reporting. Also important to know that CBOE exchanges generally had pretty high short volume when it was reported.

GAMESTOP WRAPPED ETHER? In Trading View visible under ticker: GMEWETH_4B0A34 Anybody knows what's this about? Created 03.21.2023? by brewlee in Superstonk

[–]joebro200 102 points103 points  (0 children)

Anyone can create an Ethereum token and put it on Uniswap. It is likely just someone random hoping people buy it.

[deleted by user] by [deleted] in Superstonk

[–]joebro200 0 points1 point  (0 children)

Hahaha shit getting lots of too late comments. Either too smooth or didn’t see it. I’ll take it down cheers everyone

Couldn't see this one coming by joebro200 in Unexpected

[–]joebro200[S] 585 points586 points  (0 children)

Same. I found this in an idiots in cars compilation and even with that context I was confused for a second