Where are these insider shares being pulled from? It’s important to note awarded shares by the company are restricted shares not counted in outstanding shares. As per the people who viewed the ledger I did not see any of the insiders on the list (based off share counts/numbers on the ledger) despite the SEC form 3 and 4s saying they are direct ownership and they also added up higher than the “GameStop omnibus account”
I think only insider purchases of class A common stock will count towards locking the float as the outstanding shares only seem to be unrestricted stock.
But… Where exactly are insider restricted shares held if they aren’t even on the ledger? Anyone have a archive link of the post about the people who viewed the ledger?
Sometimes I think he bought it to completely destroy it just to get back at some random Twitter user who made him mad a year ago
Seems like what we saw with the first book vs plan fiasco of “operational efficiency” shares, then again during the heat lamp theory, and now that Gensler clarified book vs plan they are going extra crazy… Tinfoil me thinks the sub mods are plants and are ok with DRS because plan still allows them to fuck with the stock, but once people book in mass they are screwed.
If we hit resistance we know we’re going the right way.
The shfs want us to stabilize the stock at ~20 and that’s why the mods are so ok with receipt porn and such, there are critical price lines the shfs need to be between, too high and interest screws them, too high too fast and FTDs screw them, too low and the DRS count will skyrocket. As per the net short volume post yesterday they averaged shorts at the $20 range and they plan to keep it at that and wait us out and people give up so they can absolutely tank it with less risk
Records kept for 3 years? Hmm what’s coming up to 3 years 🤔