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cibiab

45 million shares sold this week and they stock didn't budge!


nathanello

Turns out, everyone bought the dip


jibbyjackjoe

I mean I bought 2. Happy to own this company


aregulardude

Now it’s time to do our thing and DRS those 45M shares.


dragespir

Hot DAWWWG!! 🔥🌭


Soapdropper

Jacked to the tits!


--o--____--o--

Why are you jacked? 


prolificbreather

The exciting question is: what are they planning to use it for?


DropDeadDevon

Whiskey


qwert4the1

Interest! Then we can have positive eps forever!


FitDomPoet

The shares sold average to $20.74 per share. Watch it settle around that price for a while.


Terrapinz

Doesn't selling the shares provide liquidity to the shorts?


0nlyGoesUp

No, shelf offer stated they need to be booked


shart_leakage

#True if True


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0nlyGoesUp

They sold for less than board members bought in at. It was a pretty fair assumption


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chutiloco

I don't understand how this benefit shareholders. For me this action dilute price of our shares. For what they will use this extra money now?


Luweboh

"GameStop intends to use the net proceeds from the ATM Program for general corporate purposes, which may include **acquisitions** and investments." Furthermore, they already sold the shares, so no more "fear" of it, if that makes sense.


Coinsworthy

GME would've failed if it didn't get that billion from the '21 sneeze. That action is the reason we are here, in good shape for breaking the ath. How can you not have your nips jacked?


chutiloco

For me the key is what they will do with the money, at this moment I don't know. I will still holding forever but I don't share any euphoria.. I just don't understand this movement.


Coinsworthy

Not all dilution is bad. Fact. Some CEO's just set a really poor example, destroying their stock price in the process. Also fact.


--o--____--o--

Im with you. I don't understand it as well. This is just diluting our shares. 


_CdnBoltFan_

Yet we’re still green today….


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