Hot take: warrants expiring worthless isn't the bear case people think.
No $32 overhang.
No dilution.
No reason to lean on the price to keep it under the strike.
Shareholders got a free option. It either pays or it clears the deck.
Both are fine for $GME.
Hot take: warrants expiring worthless isn't the bear case people think.
No $32 overhang.
No dilution.
No reason to lean on the price to keep it under the strike.
Shareholders got a free option. It either pays or it clears the deck.
Both are fine for $GME.
Iโm not necessarily saying you are, but people complaining about the warrants need to chill. They were a gift to shareholders. If we choose to hodl them, that our choice. Buying warrants is the same as buying calls and day trading it at this point.
We donโt know what will happen, so letโs cool it on the doom and gloom and support our ceo. Whether they expire worthless makes zero difference to me.
I like the stock ๐