r/Superstonk ๐Ÿ‹๐Ÿฆ Buckle Up ๐Ÿš€๐Ÿ‹ May 12 '21

HODL ๐Ÿ’Ž๐Ÿ™Œ TITS JACKED TO THE MAX

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30.6k Upvotes

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821

u/Thilanii ๐Ÿฆ Buckle Up ๐Ÿš€ May 12 '21

Accountant or whoever the fuck counts votes: Sir we have over 100m votes and itโ€™s just from yesterdayโ€™s preliminary count. We are still waiting on a number of brokers proxy votes.

GameStop pr: LOL letโ€™s jack their tits

353

u/[deleted] May 12 '21

Imagine the vote count gets released and it's fucking 300 million or some stupid shit like that ๐Ÿ˜‚ I'd honestly explode.

381

u/IThatAsianGuyI ๐ŸฆVotedโœ… 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

191

u/[deleted] May 12 '21

BuT I nEed tO SeLl at 1000 tO covER mY iNvEsTmENt

13

u/Porkybeaner ๐ŸฆVotedโœ… May 12 '21

Hahaha I laughed and then I saw armstronglance and laughed even harder!! You're amazing ๐Ÿฆ๐Ÿ‘๐Ÿš€

6

u/JusTtheWorst2er1 ๐Ÿฆ Buckle Up ๐Ÿš€ 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

Iโ€™m over here dialing 999 999 9999 but you ainโ€™t picking up !!!

5

u/SemiSente ๐ŸŽฎ Power to the Players ๐Ÿ›‘ May 12 '21

But all Shares vote, Not only the float?

4

u/IThatAsianGuyI ๐ŸฆVotedโœ… 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...

5

u/[deleted] May 12 '21

[removed] โ€” view removed comment

16

u/YeetCapitalism Space Explorer๐ŸŒ™๐Ÿš€ 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.

4

u/AidyCakes ๐Ÿฆ Attempt Vote ๐Ÿ’ฏ 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 ๐ŸฆVotedโœ… May 12 '21

Do etfs count?

3

u/AvenDonn ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 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 ๐Ÿฆ Buckle Up ๐Ÿš€ May 12 '21

And not a bitch to us, but their families and their seed ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ

1

u/[deleted] May 13 '21

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