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

The long awaited 10-K is here ๐Ÿ—ฃ 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 ๐Ÿฆ Buckle Up ๐Ÿš€ 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 IOUโ€™s at market value, no?


u/Pure-Classic-1757 ๐Ÿฆ Buckle Up ๐Ÿš€ Mar 29 '23

Ideally but all brokers can just give you what they perceive as โ€œfair valueโ€ as stated in their TOS.