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If he wants to exercise, he'll have to have a lot of cash on hand. Not that he couldn't raise it, but selling that much stock might once again affect the stock price.
Go back and review the live chat
When he was showing his position
He was also showing the HTML code
Upper right corner in real time
I do not remotely care.
if you know what you are looking at
You can make better decisions with that information
You need to realize I don't do conspiracy stuff.
If so, I guess he didn't. So why'd he do the livestream in the first place?
Of course, perhaps he just planned on ginning up the crowd by talking about how much money he's made lately. And perhaps he showed up late because he was thinking of cancelling the livestream. Obviously he'd have had no way of knowing the company would release its financials today, or that it would announce an offering.
Nor would he have known how bad the Q would be.
Good for you.
It was a great time for the company to do it. GME went over $60 last night. Probably they should have done it yesterday, or earlier in the week. The financials are a mess. But probably they felt they had to release them early, if they were going to do the offering.
21 June options are due??
Options do not become "due". They expire. To profit, holders must either sell the option contracts themselves before expiry, or purchase stock to exercise them at expiry. (Some options can be exercised early, but European style cannot, and I think the GME options are European style.)
Monday the 24th and 2021 leap forward day is due
WHAT??
Did ya get a good look at the HTML code??
No. The HTML code of what? And why should I care? I'm pretty sure nobody should.
Did ya get proof he the kitty cat was bluffing??
I never thought he was, if you mean bluffing about his positions.
Mind bender eh??
Your post? Yes indeed.
What? I didn't write the article. Why do I need to get up early? I found out about the offering when I got online.
Most of them genuinely believed Kitty would save the day in his livestream. They hoped he'd have "news". Why? He's not a company insider.
he could have helped...
by starting the live on time, being professional, and maybe even dropping some type of good news
Why on earth would Gill have any news? He isn't a company insider. Have you considered not following Reddit gurus in future?
No. That makes no sense here in Realityland.
GameStop stock plunges as 'Roaring Kitty' reappears, company plans big stock sale
https://finance.yahoo.com/news/gamestop-stock-plunges-as-roaring-kitty-reappears-company-plans-big-stock-sale-134833401.html
You're correct. A few here did read the Q. But we've seen that many seem to feel Ape lore is more reliable information.
Perhaps some learned something today.
He knows that the only way they can find shares to partially cover is by buying them directly from the company, at very healthy prices.
What? GME is down 40 percent today, on volume of more than 250 million shares.
Gill at one time had a position in AMC. Many believed he still did. But he evidently said today that he didn't.
Seems that in his livestream he was dressed up like an idiot, laughing and joking. Under the circumstances, that didn't go over well.
What a total SHIT*SHOW
— THE FINAL COUNTDOWN (@READY_2_PROFIT) June 7, 2024
this freak is down -$235M today and is laughing and acting like a real jerk to investors
its a bad rub the whole thing
late, acts stupid, and bad jokes when stock is tanking -$7 since he did this BS$GME @TheRoaringKitty pic.twitter.com/Eo1D9nr7HA
Reading the Q doesn't take long. It's neatly summarized at the top:
https://www.sec.gov/Archives/edgar/data/1326380/000119312524156615/d614611dex991.htm
They are buying 75m shares
In the market. Therefore it’s going to be an interesting thing for us
NO. They are SELLING 75 million NEW shares at-the-market.
On June 7, 2024, GameStop Corp., a Delaware corporation (the “Company”), filed a prospectus supplement (the “Prospectus Supplement”) with the Securities and Exchange Commission (the “SEC”) in connection with the Company’s “at-the-market offering” program (the “Offering”) for the offer and sale from time to time through Jefferies LLC (the “Sales Agent”) of up to 75,000,000 shares of the Company’s Class A common stock, par value $0.001 per share (the “Common Shares”), pursuant to the Company’s existing Open Market Sale AgreementSM (the “Sales Agreement”) with the Sales Agent, dated May 17, 2024. Prior to the date hereof, the Company has sold an aggregate of 45,000,000 shares of its common stock for aggregate gross proceeds of approximately $933.4 million pursuant to the Sales Agreement.
The Common Shares are being offered and sold pursuant to the Company’s automatic shelf registration statement on Form S-3 filed with the SEC on May 17, 2024, which became effective immediately upon filing, and the Prospectus Supplement.
https://www.sec.gov/Archives/edgar/data/1326380/000119312524156648/d614610d8k.htm
It seems to me that--at least for the moment--hard information in the form of financial statements beats Ape lore...
If so, that's a good thing.
Show’s over folks, back in the bus
LOLOL!! It does seem that when actual information, in the form of financial statements, beats Ape lore when push comes to shove.
And Roaring Kitty was supposed to do a livestream today at noon. That's a good deal of the reason the Apes drove it so high last night. This morning, as it tanked, one poster said:
This dude is a genius. He's letting these POS shorts jump in before he goes live and destroys them all. They think they've won but are about to be obliterated.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174561926
Gill did his livestream, but doesn't seem to have had much to say:
GameStop tumbles 40% as ‘Roaring Kitty’ trader says little new about retailer on livestream
https://www.cnbc.com/2024/06/07/following-gamestop-action-during-roaring-kitty-livestream.html
Yep. Not having a good day.
GME: Evidence shows GameStop now has $4.5 Billion cash
What "evidence"? The financial statements released this morning don't show anything of the kind:
Cash, cash equivalents and marketable securities were $1.083 billion at the close of the quarter.
https://www.sec.gov/Archives/edgar/data/1326380/000119312524156615/d614611dex991.htm
Not really mysterious, if longs think posts like this one make sense:
https://investorshub.advfn.com/boards/read_msgs.aspx?board_id=4617&nextstart=21812&batchsize=20
I'm afraid they may be.
Srsly? I must have missed it. But I'm getting sleepy.
Of course!!
Any young investor who has studied the courses also agrees lolol.
Um, what "courses"?
You have to click on it:
Pakistan is beaten in cricket by the USA. This seems like the post that sums it up. Tee, and indeed hee. pic.twitter.com/ORH89131dP
— Simon Majumdar (@SimonMajumdar) June 7, 2024
Cat-resistent table.. 😂 pic.twitter.com/YO7LULY99W
— Buitengebieden (@buitengebieden) June 5, 2024
It's getting late. Here's your Teddy...
Perhaps we should write to Sandler, thanking him.
Why would you rely on just one link for your DD?
Depends on what the DD is. OTCM is the authority on OTCM policy.
Wouldn't you know...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174558775
He must be SO excited!!
LOLOLOLOLISSIMO!!
I think Alcatraz would be a nice place for Trumpty to stay for a few years. Sure, it's a museum now, but it still has cells. They could just keep the tourists out for as long as necessary. It's certainly secure.
Melania could give him a bird to help pass the time.
Yes, I was surprised, and thought it was a great thing for Kohl's to do.
Surely you can produce a link for our guidance?
I guess.
I think this would be tasty, though not for your wife...
Chile Crisp Sesame Noodles Are the Easy Weeknight Dinner We Need
https://www.foodandwine.com/chile-crisp-sesame-noodles-8416207
To end the... what?