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The original comment I was replying to explicitly asked about the “phantom shares” theories. When I said don’t go down that rabbit role, that is what I was refe
by therobots927 2y ago
The original comment I was replying to explicitly asked about the “phantom shares” theories. When I said don’t go down that rabbit role, that is what I was referring to. Not the real market dynamics behind the price movement. And I’m not hostile towards anyone who believes in that, I myself used to believe it. I just think it’s a waste of time because there is zero proof that phantom shares of GameStop even exist. GameStop has also carried out two dilutions since this whole thing started, raising about $2B. If anyone is creating “phantom shares” and selling them to people, it’s the company itself. These theories are dangerous because they rope in people who don’t know enough to know better.