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Ah down voters that probably think "meme stock, stupid suggestion". GME will release its 8k SEC filing within a week and it will likely contain vote counts. Vo
by matt_s 5y ago
Ah down voters that probably think "meme stock, stupid suggestion".
GME will release its 8k SEC filing within a week and it will likely contain vote counts. Votes equate to shares and there is a high probability the vote counts will be higher than the number of shares ever issued. The Naked Short Selling loophole has led to this, for reference: https://en.wikipedia.org/wiki/Naked_short_selling https://en.wikipedia.org/wiki/Naked_short_selling and an interview on Fox Business https://www.youtube.com/watch?v=VRVBbNYfAOM https://www.youtube.com/watch?v=VRVBbNYfAOM describing the problem.
This is a simple supply/demand problem that should correct itself in the market.