this post was submitted on 24 Jun 2024
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DRS Your GME

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GME ATM Offering and Sentiment Change (kbin.run)
submitted 4 months ago* (last edited 4 months ago) by sunzu@kbin.run to c/drs_your_gme@lemmy.whynotdrs.org
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With main reddit sub devolving in whatever that shit is, what are people here thinking about it?

Looks like momentum was lost? Was the 3b worth it from shareholder perspective?

Kinda hard to accept the sub justifying considering the squeeze was stated the goal on there, esp in context of DRS that was essentially undone.

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[–] ryannathans@aussie.zone 7 points 4 months ago

It almost looks like the shorts with their FTD cycles have created and are stuck in a money printer loop. GME and RK seem to be aware of this upward pressure and can syphon that pressure into cash/shares. There could be a massive cash tap for the company here, fueling success. A successful and valuable company fucks shorts, if they can't close then gg they're coming for a ride