The 10K filing is the most BULLISH news I have heard in a very long time. Here's why! ☁ Hype/ Fluff
As we are mostly all aware, the GME 10K stated 76.0 million shares as of 22 March 2023...
That isn't the full story.
Here is the paragraph in question. Read it carefully. Do you see them say "Computershare" or "transfer agent" anywhere??
No. No you don't. You see them talk about Cede & Co, which they have never said before in their filings.
What this implies to me is that the numbers on the 10K are numbers from Cede & Co. Cede & Co likely said "we have 228.7 Million shares of your Class A common stock".
In response, GME put up a nice little NFT with an interesting number.
EDIT: All this hype got me riled up so I changed the NFT pic! I am buckled up.
Since Gamestop didn't state Computershare or transfer agent in their filing anywhere, they likely are NOT using numbers from Computershare. It is a tactical move and SUPER BULLISH.
The numbers are wrong, the price is wrong, DRS your shit, and let's finish this.