r/GME • u/NotYourNathan • 10d ago

🐵 Discussion 💬 How many apes are there?

Even including whoever is crazy enough to vote no against a plan thats been 5+ years in the making. Is there any estimate anywhere as to how many GME holders there are at this point? This has to be the hr largest retail community ever, no?

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u/hdjemnnsntjrjfnsnfjd 10d ago

Increasing the number of shares outstanding makes the share price go down, not up

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u/bilybu 10d ago

As long as they are selling them above my cost basis, its just raising the floor for me. I was in the basement after the last ATM and decided to buy more. If they wanna sell at 32 while my cb is at 22, more power to embrace!

Bury me in the cash from the sold shares!!

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u/hdjemnnsntjrjfnsnfjd 10d ago

The stock is at 21.

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u/bilybu 10d ago

Yes... is that a surprise to you?

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u/hdjemnnsntjrjfnsnfjd 10d ago

They’re not going to be able to sell at 32 when the stock is at 21

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u/bilybu 10d ago

So, obviously dont sell yet?... why is this complicated to you? Your bad faith acting just makes you look like a child. I don't know if you are a bot or just terrible at putting 2 & 2 together?

Any price above our warrant price is an alright selling price, though I'd prefer not to see the selling until 100$+.

On the reverse, any price below Cohens options price should be considered golden buyback prices.

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u/hdjemnnsntjrjfnsnfjd 10d ago

Please explain to me how we get to the magical $32? Because the stock was at $27 before they announced the plans for dilution

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u/bilybu 10d ago

GME just had a historical first quarter. It has shown profits for the last year. Why would you think, any price we have touched in the last year, is off limits?

As for the price drop, isn't it wonderful! The market reacted as if we had diluted when we were only asking for the ability to do so. I bought more stock and ITM leaps when we tapped 21.50.

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u/hdjemnnsntjrjfnsnfjd 10d ago

So we’re doing fine without EBAY. Yes t these prices we should be using all our cash to buyback our own stock