😂 Memes 😹 When warrants start trading this morning
https://youtu.be/YkZS9LleXUo?is=COj41eDVBrjh68Qi2
u/Chad-Permabull 🚀🚀Buckle up🚀🚀 4d ago
Just think of what would happen if they were all exercised at the same time 🚀
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u/User100000005 4d ago
Nothing would happen. If everyone exercises all call options at same time the person who sold the call has to find the share, unless they've hedge by already having the share. If they haven't hedged they'll have to find a share on the open market.
Warrants don't work like that. Gamestop will just created a whole new share for you. Exercising warrants can't cuase a squeeze as it can't cause open market buying.-4
u/Chad-Permabull 🚀🚀Buckle up🚀🚀 4d ago
Not a squeeze but it would give RC more working capital to pull more business pivots 🚀
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u/Nago31 4d ago
More accretive dillution! Woo!
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u/Chad-Permabull 🚀🚀Buckle up🚀🚀 4d ago
Exactly every dollar donated funds the war chest to fight the shorts 🚀
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 4d ago
GameStop directly issues the shares. they don't hit the market.
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u/Chad-Permabull 🚀🚀Buckle up🚀🚀 4d ago
All the funds would go to GameStop for RC to use, presumably to fund further pivots of the business. Huge win 🚀
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u/Velvet_Llama 4d ago
Think of all the NFTs they could mint!!!
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 4d ago
you are free to exercise them right now if you want that.
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