/biz/ - Business & Finance

Imagine how fast the float can get locked below 20. The more they ladder this down, the faster we win. LEEEEEEEEEEEET'S GOOOOOOOOOOOOOOOOOOOOOOOOO!

This is adorable. They lost control for a moment but are piling all their shorts up during the halt.

Friendly reminder, this stock and its basket is the only thing on this market which has such ridiculous volatility and glitches and even crime on the level of DTCC. Just a matter of time now, WAGMI!

HALTED AGAIN. WHY?! IT WAS GOING DOWN! Why on earth halt it now?!

Can't lie that I'm disappointed they didn't go for the throat, but I also know the whole purpose of this was to get approval for stock issuance.

Shills and people angry at this meeting are morons, they can't say "We are going for a stock dividend split mofos, ha ha ha!" when they haven't even gotten the shares needed to split. That's why they had to be careful with wording until it was official, because yes, a non-pass means it would be bad for holders to split the stock (if you are not assuming naked shorting...which you are not allowed to legally when making board decisions).

We can be all depressed that this will carry on for longer, I know I am, but keep in mind in the realm of being legally responsible for properly informing and leading shareholders as well as not manipulating the market, that they can't say "stock split 7 4 1 time once we pass this, ha ha ha, get fukt hedgies!" Have patience, it is our only option.

Also keep in mind we may get a carve out and not a direct split or normal stock dividend once they officialize their new company of the market place, another reason to not hastily announce stuff.