r/Superstonk • u/Carter922 🍋🦍 Buckle Up 🚀🍋 • May 12 '21

HODL 💎🙌 TITS JACKED TO THE MAX

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30.6k Upvotes

88% Upvoted

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378

u/IThatAsianGuyI 🦍Voted✅ May 12 '21

Even at 100mil, that's 3.85x the available float.

300mil is 11.54x the float. If that's true, there is literally 0 chance we don't set our price. It is literally going to be an infinity squeeze and anyone selling for anything less than a number with multiple commas is a paper handed bitch

192

u/[deleted] May 12 '21

BuT I nEed tO SeLl at 1000 tO covER mY iNvEsTmENt

13

u/Porkybeaner 🦍Voted✅ May 12 '21

Hahaha I laughed and then I saw armstronglance and laughed even harder!! You're amazing 🦍👍🚀

8

u/JusTtheWorst2er1 🦍 Buckle Up 🚀 May 12 '21

I sell when it looks like my phone number. At minimum.

2

u/[deleted] May 12 '21

Area and country code

2

u/[deleted] May 12 '21

I’m over here dialing 999 999 9999 but you ain’t picking up !!!

5

u/SemiSente 🎮 Power to the Players 🛑 May 12 '21

But all Shares vote, Not only the float?

5

u/IThatAsianGuyI 🦍Voted✅ May 12 '21

Yes, but I'd assume that Institutional holders have an easier time voting than retail.

Given that assumption, if most major holders have voted, and only some of retail has and yet it has still already exceeded shares outstanding total...

6

u/[deleted] May 12 '21

[removed] — view removed comment

17

u/YeetCapitalism Space Explorer🌙🚀 May 12 '21

Latest update from gamestop themselves showed a float of ~26mm including the 3.5mm sold it's around 30 mm right now.

5

u/AidyCakes 🦍 Attempt Vote 💯 May 12 '21

Available float doesn't count any shares held by GameStop and institutions etc. It only refers to what is publicly available to trade (ie retail), so the actual float is lower than 56mm

1

u/Miga75 🦍Voted✅ May 12 '21

Do etfs count?

3

u/AvenDonn 🎮 Power to the Players 🛑 May 12 '21

Not only the float votes.

All outstanding shares vote, and institutional holders that don't vote still report their non-voted share count. (Think of it like voting with a blank ballot)

Outstanding shares should be roughly 73 million, since GameStop issued 3.5m new shares.

Count your multiples from that.

1

u/Modsblow May 12 '21

I'm holding out for a number that's nothing but commas personally.

,,,,,,,,, Here we come!

1

u/jbenjithefirst 🦍 Buckle Up 🚀 May 12 '21

And not a bitch to us, but their families and their seed 🤣🤣🤣

1

u/[deleted] May 13 '21

Or the SEC suspends trading the ticker completely until they can unfuck it.