@john_barton_f16@GoatBeardzDD@APompliano@ryancohen Always remember, RC has many more warrants than you or I. All holders will do well, including GME. Since they were free to begin with, you can sell at any time and still be ahead. RC is not going to let us holders or himself down. Besides, that’s a nice chunk of change for GME.
@lucky_425056 If that was the case then we would have seen an increase in buying due to the bond holders clearing out their delta hedge short position. Maybe their buying has started and it’s going to dark pools.
@npantano_@carlwerie It is also Interesting that AH’s today RC declared that he bought 1M shares which should provide a lift in the price that we really didn’t get today. Nick, you have been spot on with another POI that started today. It should be a good rest of the week.
@npantano_@carlwerie Interesting that the market move today was pretty strong yet GME really didn’t participate. It felt as though BR still wants to keep the price supressed. Nick, are you at all surprised that as we enter the last week of September the SP is under $23 ?
@FinanceLancelot Nice chart. If the sp follows that pattern, not sure how many of the warrants would be exercised. It would seem to me that the sp would need to stay significantly above $32 for a bit of time for each warrant holder to be able to purchase the shares from GME.
@GoatBeardzDD I think the 55M shares the bondholders received on 9/3 was used to offset some of their delta hedge short position. However, what they did with $350M+ cash they received is an unknown.
@gmericanhero@driver61d1 For 3 years RC was in no hurry because of the NOL waiting period. Now that the waiting period is coming to an end, he is getting more series about the BBBYQ closure. Time to move forward.
@Captaintrips333 Both sides requesting to move the case to a Summary Judgment can only mean one thing: an agreed upon settlement with no trial needed. Looking good folks.