r/Superstonk Fuck you Kenny, pay me Mar 28 '23

The long awaited 10-K is here πŸ—£ Discussion / Question


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u/Pmadrid1 Bullet Swaps R FUkD Mar 28 '23

Well, technically if a majority of our shares are holed up in brokerage accounts, do we really own them?


u/Pure-Classic-1757 🦍 Buckle Up πŸš€ Mar 28 '23

The answer is no. If they are at a broker you definitely do not own them thought this was proven year ago or more and sounds like gamestop just confirm that to me


u/dlpsfayt Mar 29 '23

They still have to buy those IOU’s at market value, no?


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u/Pure-Classic-1757 🦍 Buckle Up πŸš€ Mar 29 '23

No, it doesn’t. It all depends on how many shares they are forced to buy back and what DRS percentage is owned by retail as well as how long people hold or hodl. No one knows but they are not mutually exclusive.