this post was submitted on 27 Nov 2023
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DRS Your GME

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[–] Zuberi@lemmy.dbzer0.com 10 points 11 months ago

If you're acting in good faith with this comment, check out the $1T swap coming due on the 15th of December (into a high interest rate environment).

That, coupled with more than 76M stock directly held by retail and enough money to burn for more than 8 years, GME is so far away from a bankruptcy that it is only a matter of time before that original >260% shorts buy-to-close.

Consider DRSing 1 single share for a measly $12 so you can hopefully tell me "I told you so" in the future w/ this comment as proof :).