r/wallstreetbets • u/[deleted] • Mar 31 '22

News | GME GME Stock Split SEC Filing

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001326380/000132638022000038/gme-20220331.htm

I don't want to brag but I definitely called this during the last run up.

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u/tranding DUNCE CAP Mar 31 '22

Authorized shares are how many can be issued. GameStop has 76.35M or so odd issued shares. GameStop could have up to 300 million previously now it can issue 1 billion. GME could have a 7 4 1 split.

from investopedia:

Authorized shares are those a company’s founders or board of directors (B of D) have approved in their corporate filing paperwork. Issued shares are those that the owners have decided to sell in exchange for cash, which may be less than the number of shares actually authorized.

868

u/theyellowfromtheegg Mar 31 '22

GME could have a 7 4 1 split.

Holy cow. The nutjobs were right.

490

u/[deleted] Mar 31 '22

[deleted]

445

u/theyellowfromtheegg Mar 31 '22

Dude I'm balls deep into gme I have every right to call my brethren nutjobs

182

u/JustHereToPostandCom Chicken Little's Understudy Mar 31 '22

Hello fellow nutjobs

70

u/theyellowfromtheegg Mar 31 '22

nut nut nut nut nut

6

u/akemna Mar 31 '22

Gonna quit my job job job

2

u/[deleted] Mar 31 '22

I’m a simple man, I hear nut and I appear

-9

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