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"There are are 71 million shares of GME that have ever been issued by the company. Institutions have reported to the SEC via 13F filings [0] that they own more
by JimWestergren 6y ago
"There are are 71 million shares of GME that have ever been issued by the company. Institutions have reported to the SEC via 13F filings [0] that they own more than 102,000,000 shares"
Quote from https://old.reddit.com/r/wallstreetbets/comments/l97ykd/the_real_reason_wall_street_is_terrified_of_the/ https://old.reddit.com/r/wallstreetbets/comments/l97ykd/the_...
[0]: https://fintel.io/so/us/gme https://fintel.io/so/us/gme
- bremac 6y ago13F filings don't include short positions. Given how shorted GME is, I don't think it's surprising that the total long positions exceeds the number of shares outstanding. To add to the confusion we're still within the 45-day filing window for the end of the last quarter, so some investors may not have filed yet either.
- Miner49er 6y agoSo there's way more shares held long than there is actual shares. This must lower the share price then? There's way more "supply" (people that can sell a share).