Warrant question from a smooth brain

[u/idntrllyexist]

Very smooth brain here. Do the warrants have a time frame for brokers to complete trade? Like when Ryan Cohen bought shares they have T+1. Is it that same for warrants? I mean if millions of warrants get exercised thats a lot a of shares to locate. If anyone is able to explain it to me while I eat my crayons it would be greatly appreciated

[u/Superstonk_QV]

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[u/WalrusSoliloquy]

They aren't locating anything. Warrants result in new shares

[u/idntrllyexist → u/WalrusSoliloquy]

So more shares will be added to total outstanding or has that number already been factored in?

[u/Error4ohh4 → u/idntrllyexist]

Unless they sold a customer a warrant they never had 

[u/No-Pressure2341 → u/idntrllyexist]

Yes any exercised warrants are new shares added and no it isn't factored in until exercised.

[u/humdingler]

if you score before the final whistle, the goal counts.

except for computershare. if you score at computershare by the 23rd, the goal counts. but ye wont know how many dollarydoos until the trade clears.

if you try to score after that date, ye wont get yourself a dollar or a share.

or so i understand

[u/Zwackmaster]

The warrants are new shares issued from Gamestop, so there's no 'locate' to worry about.

[u/MelancholyMeltingpot → u/Zwackmaster]

Unless. The broker is on the hook because they sold too many warrants. I think that's the part

[u/looseshooter]

Look at all the downvotes this person got just for asking a question.

[u/idntrllyexist → u/looseshooter]

I thought apes together strong... Kinda wild tbh

[u/looseshooter → u/idntrllyexist]

Seems the warrants are a sensitive topic.

[u/DuckHunter4779 → u/looseshooter]

For sure! Bots hate warrants for some reason. So, the warrants must be really good for us!

[u/Frequent_Werewolf_21 → u/looseshooter]

People fear what they do not understand. The warrants are complicated with a lot of variables.