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Theory: Brokers realized they're losing the game of hot potato

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The AMC Preferred Equity Unit and how Adam Aron is fleecing retail investors

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I made a simple picture to understand why DISTRIBUTION MATTERS. When you mix a splividend with a split, yes you get a processed split, but regular splitting doesn't reduce the total remaining shares from the dividend. This is THE reason Germany undid their split and changed it to a splivvy.

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Seems entirely possible that the DTCC has gone against GameStop’s wishes & authorised a regular stock split instead of a splividend. German brokers are just the first to say something.

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Transparency regarding u/Millertime1216's ban

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Everyone on here is ALWAYS a fucking expert apparently?

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  1. 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

  2. Tomorrow is….Tuesday 🚀🦧

  3. Yes. I’m not sure why this is still a question.

  4. DRS is the recall. Through the DTC’s rules, GameStop cannot withdraw their shares. HOWEVER, every time retail direct registers their shares, they ARE withdrawing them from the DTC. I know this is old news, the point is that retail must do what GameStop can’t.

  5. GameStop can withdraw their shares. They have explicitly stated their intention to do so if need be. If we are going to place blind unquestioned faith in RC and the board then it needs to be understood that they probably know the situation and know what they are doing a little better then Susanne.

  6. Lmao then contact your broker...you know..the one who holds the shares on your behalf? Gamestop ain't gonna do shit for you. Unless you are a holder of record they don't even know you exist. The brokers are the ones you should be flaming.

  7. Everyone sees there is an issue, why would they need to acknowledge it? I don’t think you understand how tight of a situation they are in. For every word they put out there on this subject there will be armies of hedgie lawyers ready to sue them into the ground. No need to risk that. We all know it’s a shitshow. And for the shitshow to get its grande finale it’s better to shut up until every little thing is falling into place. I absolutely trust RC and his team that this is exactly what’s happening right now.

  8. Gee, shocking, they acknowledged it…

  9. Until what? What do you expect them to say regarding the splividend? "We issued the dividend shares as we intended"? You don't feel confident that they did? Or are you expecting something else? GameStop would not be able to confirm fuckery on the DTCC side

  10. Hmm, looks like they said pretty much exactly that, huh? 👍

  11. Yes, if they’re the ones investigating, as they should be

  12. Why isn’t the NFL partnership all over this sub, it’s fucking massive

  13. Maybe post a link so we actually know what you’re talking about then?

  14. This. That 1pm margin call price was pretty high…

  15. You can't honestly believe that BBBY has 100% SI?

  16. Well, fintel has it at 41%, and that’s just the old and public numbers, so it’s not impossible

  17. It’s at the point where if you believe AA actually is a good CEO and has your back, you probably also believe that the Bloomberg anchors are talking directly to you and giving you financial advice

  18. I also believe the strippers actually like me

  19. Good for Cuban. And fuck our predatory disaster of a healthcare “system” and every one of the corrupt fucks within it who have allowed profit to reign supreme at the expense of humanity.

  20. Nah. But one time at an ex girlfriend’s many years ago I did wrap it up in a paper towel to throw it away after. And then forgot to throw the paper towel away and left in balled up on the counter. And then that night her mother came home and picked up the paper towel. And then the condom fell out and dropped on her mothers foot.

  21. If you read the article they linked you’ll see it says 2-3 days….

  22. I saw that, but what’s the distinction? Is garlic fried in oil ok? Must it be floating in a larger quantity of oil? It would seem if the combination can cause this it can cause it in any form, I’d assume?

  23. Giant volume with spikes exact same time bbby and gme.

  24. Nah, moass will happen without GameStop intervention

  25. Advising your shareholders there’s a potential cluster fuck going on with their investments that needs to be investigated further isn’t intervention

  26. The bags are passed from shfs to brokers now. It will take longer for shfs to get margin called, which only means that the nuclear bomb when this all collapses is gonna be a supernova instead.

  27. That’s the definition of FUD right there, stop spreading nonsense

  28. (Maybe I've got an unpopular opinion) They will surely waive margin call requirements to save their asses as they did with RH in Jan21. This is not FUD, it's a fact. The only thing we have control over and 100% works is DRS. And until we DRS the full float, I'm glad we don't YET see the shfs failing because I think the brokers are in it too. And I just want to see total destruction of the stock market as-is.

  29. It’s not fact, you have no idea what will happen or who may be margin called when or what anyones books look like so please don’t say it will take longer to get margin called as if it’s fact or as if you in fact have any definitive clue what happened with this split

  30. So…where then are the real split shares? They aren’t all with CS, we know that, x number were issued to the DTCC and then….?

  31. It’s time for GameStop to be issuing a statement about this shitshow…

  32. Stacking people off? I don’t know what that means.. I’m planning a trip through the state and I’m just trying to prep for the rules there. H17 vs S17. Knowing which charts to memorize

  33. Been a while since I’ve played TI or Hinckley but as far as I recall H17 everywhere

  34. Including little six/mystic as prev mentioned

  35. Anybody else who still has an issue with mods or this situation after this explanation is an asshole. Now, I just hope I never have to hear about this again.

  36. Yeah, just a little bit of difference….google Monte Carlo

  37. I don’t hate you, we’ve just grown apart

  38. I’m not nearly mentally an adult. Not bragging either, just sharing a story. And as mentioned before, I was talking to Micheal in management, who called me out for not understanding who dividends work and being lied to. Yeah let’s change the narrative to me saying a boo-boo word. Cause thats waaaay more important then focusing on the real issue here.

  39. Clearly you’re not, your “EDIT” just reinforces that. Michael and Crystal didn’t cheat you out of your money. You treating them like that and then refusing to admit maybe just maybe you were a bit of an asshole and could’ve handled it better when you get called out on it and instead mocking those of us who called you out is what is distracting from “the real issue here.”

  40. Yeah. Of course I was an asshole. If you would’ve read my earlier post you’d understand why. But clearly this is waaay more important to bitch about.

  41. You’re the only one continuing to bitch about it since you’re butthurt you got called out. Be better. Now piss off.

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