A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Opinions and memes welcome. None of this is financial advice.
Hi!
So, I was looking at the last breakdown of ownership that said there were 80,000,000 shares left.... Well, we 'know' there's 200,000 real APEs that are DRS'ing. So... I said "Hey, how many shares would each APE now have to buy to eat those up??.... Well, it's 400 shares.... Yes, that's it.... 80M / 200K = 400. Yeah, it's shocking. (And it's based on the 75M that are DRS'd already - we probably have a lot more than that at this time.) At this time, the price hit a low today of $12.26.... I'm thinking of putting in a buy of 200 at $12.25 and see if it hits. It will be $2450 of powder. Can you imagine if all APEs did this right now? That would be 200,000 x 200 = 40M shares!!!! Half of the remaining shares would just go 'poof'. :) Mafs is fun.
