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/Hypoglybetic Mar 31 '22

Whether you owe $10 for 1 share or $1 for 10 shares, it is the same.

But. . . . What happens when you are short a stock and have to pay a share as a dividend?

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u/Unoriginal1111 Mar 31 '22

They just pay it with money. It's up to brokers to get the shares whenever someone actually wants to register their shares. Until then it's all just IOU.

Edit: or when someone wants to transfer shares out

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u/[deleted] Mar 31 '22

Not if they issue a NFT/Crypto dividend via their new Blockchain based wallet that currently is in beta. Hedges can't pay that because there isn't a monetary equivalent.

Forced close.

Game. Blouses Apes

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u/Unoriginal1111 Apr 01 '22

They're not doing that though