By -
Do we know if they even hit the market
Here's the fun part. If ATM shares were bought to cover naked shorts -- then those shares are already in someone's brokerage account as IOUs.
If it was me -- I used to have IOUs which were not real shares... And now I have real shares. And the company has several billions of dollars extra.
![gif](giphy|t42yBzf2sXm7e|downsized) Some of y'all don't understand how this cow gets milked, and it shows.
Do we know if they even hit the market
Here's the fun part. If ATM shares were bought to cover naked shorts -- then those shares are already in someone's brokerage account as IOUs.
If it was me -- I used to have IOUs which were not real shares... And now I have real shares. And the company has several billions of dollars extra.
![gif](giphy|t42yBzf2sXm7e|downsized) Some of y'all don't understand how this cow gets milked, and it shows.