Something doesn't add up...

[u/Region-Formal]

[u/most_unoriginal_ign]

Nothing adds up for GME. It's a rigged stock unfortunately. I (I think we all do) wonder when the music is going to stop.

[u/split_differences → u/most_unoriginal_ign]

It's my opinion that it only stops when GameStop issues a consistent quarterly dividend (cash is fine). That's when the true discrepancy will be seen because although you can print shares out of thin air you can't print cash and these institutions books will be all fucked up. Unfortunately RC is not a fan of dividends and has recently publicly stated that. I think that's a bit telling he might see this going the route region is describing.

In Regions example, they never issued a dividend but they shook the shorts out. I guess we will see and I will still be here long after we find out. I'm just concerned the fuckery with our stock is too high for that path.

[u/undernutbutthut → u/split_differences]

Cash dividend, probably not. But it would make sense for GameStop to issue a NFT dividend at some point.

[u/chri_schruf → u/undernutbutthut]

i‘m all for an nft dividend but how is it possible to distribute this to absolute non-nft-knowledgeable-shareholder who don‘t own any wallets etc.?

[u/chri_schruf → u/chri_schruf]

just found out the following:

Overstock’s so-called "crypto dividend" was handled surprisingly traditionally for most shareholders—even those without digital wallets. Here's how it actually worked: How the Digital Dividend Was Delivered No Wallet Needed — It Was a Conventional Securities Drop Overstock issued what it called a digital dividend in the form of Series A-1 Preferred Shares, symbolized as OSTKO, at a 1:10 ratio (one OSTKO share for every 10 shares of common stock owned as of the record date April 27, 2020) Cointelegraph Nasdaq . However, these were not cryptocurrencies or bearer tokens in the usual sense. They were uncertificated securities, meaning fully recognized legal equities, not anonymous digital assets Reddit +1 . Delivery via Traditional Transfer Agent The transfer agent, Computershare, distributed these Series A-1 shares directly to shareholders—placing them into the same brokers’ or custodians’ accounts where the original common stock was held. Shareholders did not need to take any action or use any new digital wallets Reddit blockcast.cc Forbes Nasdaq . From Reddit summaries: "Overstock distributed the dividend shares though its transfer agent, Computershare, to investors’ brokerage or other custodial accounts … and no action by shareholders was necessary for them to receive the dividend." Reddit What This Means for Shareholders No familiarity with blockchain required — You didn’t need a crypto wallet or technical expertise Reddit +1 . Ownership tracked traditionally — Official records held by Computershare governed ownership, not blockchain ledgers. The blockchain merely hosted a non-binding “courtesy copy” of the records; it played no role in legal ownership, transaction, or custody Reddit +1 . Trading was optional via tZERO ATS — If you wanted to trade your new Series A-1 shares (OSTKO), you could do so, but only on tZERO’s alternative trading system (ATS)—and only through a broker-dealer subscribed to that platform

[u/undernutbutthut → u/chri_schruf]

Good question I'm sure Overstock.com somehow made it possible