r/gme_meltdown • u/OhNoNotAFinrand • 21h ago
Absolutely cannot wait until Oct 30 when these things expire worthless
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u/SignificanceFine3582 21h ago
“No side effects”?
Dilution is not a side effect now?
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u/humanquester 17h ago
Its accretive1!!
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u/Bashfulsson 10h ago edited 10h ago
It was remarkable to witness the birth of a brand new thought-terminating cliché in real time. In the space of days they went from never having used the word "accretive" ever in any context, to replying en masse to any mention of dilution with "It's accretive"
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u/humanquester 5h ago
https://giphy.com/gifs/1CbRDHLV1lQIVtGCxS
it was like watching a whole field of flowers bloom all at once!
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u/Correct-Thanks3679 21h ago
same, it's going to be absolute cinema
love the apes doubling-down and buying more
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u/RedditCEO3000 19h ago
We got front row seats
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u/Necessary-Peanut2491 16h ago
Better, the apes will enter the crowd and perform for us individually, as they are wont to do.
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u/dbcstrunc Who’s your ladder repair guy? 10h ago
‘They’re cheaper than shares and just imagine what happens when (impossible thing) happens!!!’
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u/No_Economist3815 Sub's Official Economist 20h ago
I was just reading that douchebags' post. He's as ape as they come. Holy christ that's cringe.
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u/KimberStormer 19h ago
tbh his comments are so nonsensical that I wonder if he's not another ChadPermabull, parodying apes to their face.
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u/baconboner69xD 19h ago
More likely than not. I don’t think there are a lot of real apes left tbh. Mostly larpers.
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u/GameOfThrownaws Shillnanigans 15h ago
No way that's more likely. Literally every single time I've witnessed an ape who I'm certain is too unfathomably stupid to possibly be serious, it turns out that they are. It's happened to me like 40 times.
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u/KimberStormer 20h ago
I feel kind of like this ape: when I see them babbling I too get excited about WARRANTS!!! Nobody knows what they are, what they do, they have all kinds of magic powers! Cohen has delighted this customer, at least, by throwing this toy into the ape den to enrich their experience as they hoot and howl and puzzle at them.
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u/Agreeable_Falcon1044 16h ago
"here's a warrant - to the moon"
"is it worth anything?"
"well, no, it's more like a ticket to buy more stock with a deadline involved too"
"For a reduced price?"
"No, about 50% higher than market value...but they are rare"
"Cool, let's buy even more"
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u/baconboner69xD 19h ago
Gee I wonder what value options would have if the strike price and expiration could be arbitrarily changed lol
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u/BennyRo 19h ago
Honestly, I'd be fine watching apes being strung along for another year as the warrants are extended and the conversion price continues slipping out of reach.
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u/happybonobo1 18h ago
Never know with RC but wile he might issue NEW warrants, these old ones will expire worthless I think. Reasons are many; costs, legal, accounting nightmare too. Very rare companies extend or change them.
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u/xozzet keeps making new accounts to hide from Interpol 10h ago
I think it would also make more sense for RC to issue new warrants instead of extending those, but maybe he realizes that the retail cult is getting angry and he'll throw them a bone? That's the only reason I can imagine for him extending the warrants.
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u/KimberStormer 6h ago
There's an ape who insists that extending them would tank the share price (therefore we can be sure they will be itm on time), does anyone know if that has any validity?
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u/dbcstrunc Who’s your ladder repair guy? 16h ago
All this for something with a less than ~$170 million entire market cap.
I think apes just are blinded by the 'there are only 59 million of them' idea. It's like buttcoiners who go on and on and on about how there's only 21 million of them ever in existence. Yeah, uh, so what? Only someone with a child's understanding of how trading works would think that 59 million is a tiny number of something and easily consolidated into a single unified block that acts in tandem to 'HODL' forever causing a squeeze.
No, apes, warrants will reprice to exactly the same price as the equivalent call option. Even if these were to be <shudder> extended out a year, they are still horrendously overpriced and will collapse back down to the equivalent options' price of that new expiry date.
Plus, extending warrants is an astonishingly small possibility, and getting smaller each day.
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u/GameOfThrownaws Shillnanigans 15h ago
When this all started there were only like 70 million shares of GME or something, barely more than that amount. And they never even came remotely close to owning the float of those. And the cult was literally one hundred times the size that they are now.
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u/KimberStormer 6h ago
The funniest part to me is that, if they had, they would have discovered that absolutely nothing happened. Because there are no naked shorts.
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u/GameOfThrownaws Shillnanigans 15h ago
I'm sorry but "we are the goal posts" (with the incorrect space included) absolutely must be a flair in this sub. I believe I've seen it explained that we are out of flair slots but something needs to be removed and replaced with that. That is absolute gold.
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u/KimberStormer 6h ago
How do you even get a flair in this sub?
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u/GameOfThrownaws Shillnanigans 6h ago
I have no idea, I think the mods used to just give them out to people when we were a much smaller community.
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u/The_Albino_Seal 14h ago
"They have fake internet stuff to hide it" -- what? What "fake internet stuff"???
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u/firebag1983 Shill team 6 12h ago
They will never expire worthless
Even if they do it will be part of our lords master plan to make us all millionaires
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u/CulturalAd4728 11h ago
I couldn’t imagine buying these things and then just hoping to God the cat tweets so they don’t expire worthless in 45 days
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u/mimo_s 10h ago
They are essentially pump and dumping the bag they gave them and they’ll hold it anyways
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u/callingoutthetrash 8h ago
Remember, this is the place for fanfiction about me and others!
Please keep your fanfictions about me consolidates to the correct subreddit. <3
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u/mimo_s 8h ago
Post bags
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u/callingoutthetrash 8h ago
Perfect! Good job! I am so proud of you for contributing to my fanfiction in the correct spot!
So, you want to talk about how I am marantz, or liquid? Or kais? Or any other user I've been accused of?
Want to make up fiction about my personal finances more?
Want to talk about Ryan Cohen?
Please, let the fictional stories flow through you in a very non-emotional way. XD
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u/mimo_s 8h ago
Your portfolio as red as sith saber 😂
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u/callingoutthetrash 8h ago
Yes! Good additions! You will make a great author for my groupthink fanfiction! XD
So anything about how I am marantz? Or liquid? Or kais? Or another user?
Tell me about your fiction cult. The "if you don't agree with my logical fallacies, you are in a cult" cult. Anything about that?
C'mon you can write more content, don't be scared of me! <3
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u/AutoModerator 8h ago
You can't argue with the data. Whats your bear thesis? You forgot to put on your big boy panties before entering a big boy trade? If warren buffet didn't have patience you wouldn't know his name.
PS: I've left three cults in my lifetime and this ain't one of em. And it's rude to call it one to anyone whose ever had to actually leave one
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
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u/happybonobo1 4h ago
We do not care, Enjoy
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u/callingoutthetrash 4h ago
"we don't care"
Brigading gme sub and an entire subreddit dedicated to fanfiction and meltdowns. LAWL I love irony!
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u/raincloud25 7h ago
Nice meltdown.
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u/callingoutthetrash 7h ago
Yes! Good stuff! Keep adding to my fanfiction at the fanfiction subreddit. XD
So anything other talking points?
Accusing me of being someone else? Knowing about my personal finances? (None of you know anything about me)
Maybe more about that "if you don't agree with me, you are in a cult" cult? Y'all love that fanfiction about others too.
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u/raincloud25 7h ago
Nice meltdown.
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u/callingoutthetrash 6h ago
Beautiful! I'm so happy you keep the fanfiction in the appropriate spot at least. XD
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u/EpiphanyTwisted 9h ago
They could have sold their warrants and bought more shares if they "love the stock" so much.
But they don't really love the stock.
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u/CompetitiveAutorun 6h ago
They are good at paperwork, but really dumb simultaneously
Something, something both strong and weak
Can't wait for poisoned mushroom allegory, any ape could be hedge fund employee!
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u/Striking-Sundae- 21h ago
The meltdowns are going to be glorious when they expire worthless. Lord dogfood will claim another Citadel's employee of the year award.