this post was submitted on 07 Jun 2024
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DRS Your GME

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Help me understand (lemmy.dbzer0.com)
submitted 3 months ago by UnrefinedChihuahua@lemmy.dbzer0.com to c/drs_your_gme@lemmy.whynotdrs.org
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Not a shill, I'm a Jan 21 ape that is mostly DRS'd and still holding.

When AA and AMC were selling shares we were vilifying them.

How is another 75 mil share offering by GME any better? I feel like they're giving the shorts a chance to unwind.

Help me understand, I'm smooth af.

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[–] iofhua@lemmy.whynotdrs.org 1 points 1 month ago

dilution is a negative term because it means everyone holding that stock watches as their stock becomes less valuable. It's also completely accurate to describe the share offering as dilution because that's exactly what it did. Trying to present the dilution as a positive thing is desperate hopium by followers of the ryan cohen personality cult.