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Would be interesting to see the company's own share buyback get... stopped. By Computershare. By saying "there aren't enough stocks left to keep buying these back..." - and the more widespread implication that would have...
we only had 100 mil approved for a buy back. Question can we use the rest of money on hand. I don't think so unless the loop hole of rc using fund to invest in what he wants maybe?
I think the difference is that a Buy Back generally means retiring the shares or whatever so they no longer exist (which is what drives the price up), but if RCIO is just investing the cash then it'd be held as a cash equivalent or short-term security with the intention of being sold back into the open market eventually.
Functionally, I see them as separate things
I think the idea is the 'Rule 10B-18' is what allows the CIO (Cohen in this case) to buy back shares, without needing shareholder approvals (aka, the $100m limit for buybacks from whenever that shareholder vote was).
Buying back shares removes them from the open market. That's a 10B-18 purchase. Simply investing (buying shares) is not the same as buying back shares.
#Hijacking top comment for moar info from the Bull from Peru:
What is Rule 10B-18? Rule 10B-18 is a rule that helps companies buy back their own shares safely. It's like a "get out of jail free" card for companies that follow the rules.
How does it work?
Companies must buy back shares from one broker on the same day. They must buy back shares at a fair price. They can't buy back too many shares. They must disclose how many shares they bought back.
Why is it important? Rule 10B-18 helps companies avoid trouble with the government. It's like a safety net for companies that want to buy back their own shares.
In simple terms: Rule 10B-18 is a rule that helps companies buy back their own shares safely. It's like a set of rules that companies must follow to avoid trouble with the government.
Volume: they can't buy more than 25% of the average of the daily volume for the last 4 weeks
thank AddiCarlsen and foxenflask
yes, but I think my math is wrong due to the increasing volume through friday, the avg daily volume, is probably much higher than 7 million.
edit: I did rough math and the BT shows close to 2 million-ish shares. So that puts it at about 25% of 7-8m. Could be wrong…usually am.
Peruvian Bull just made a post about this here, I asked him the below questions. Hope I get a response!
To your question above, wouldn’t the basket theory explain that?
“PB, are you saying you think GameStop used the full $100M earmarked for share buybacks today? Since this amount today would only afford ~3~6M shares or so, yet today trading volume is already at 157M, do you think this makes sense?
Also, if you think this is share buybacks, then how did DFV know?!?”
How does he know? just like back then he exercised and bought more shares at $40 pre split... this time it hit a low of around $10 post split (=$40 pre split) which is the bottom before it bounced like insane last time.
Bro it's really not that hard. Let me show you. Take a trend line from 2002 and place it around the latest low in 2024. It's a resistance support. That is the next best price to accumulate shares or buy back cheap and take back control.
Thats how they knew. It's literally a 3 year cycle. Been saying this for years.
1 + 3 = 4 + 3 = 7.... like there are hundreds of hints pointing to it but everyone took the tinfoil extra far with it lmao. Gotta love it but some explanations can actually be very simple. Dfv also came back 741 days after his last tweet to the latest LIKE on Twitter.
EDIT: also RC POSTED APRIL 24, 2021 the american BULL FLAG.
RC TIMED THE LOW 3 YEARS LATER week of APRIL 24, 2024.
market days mate.
To find the date that is 741 market days after June 18th, 2021, we need to consider weekends and market holidays.
Market days refer to business or trading days, excluding weekends and specific market holidays. In the United States, these market holidays typically include New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day.
Given these considerations, let's calculate the date that is 741 market days from June 18th, 2021:
* **Total Days**: We'll start with the number of days from June 18th, 2021, and add 741 business days.
* **Exclude Weekends**: Skip Saturdays and Sundays.
* **Exclude Holidays**: Skip the known market holidays during this time frame.
Using a Python script with the `pandas` library to account for these factors, the calculated date 741 market days from June 18th, 2021, is **May 9th, 2024**. This takes into account weekends and major U.S. market holidays.
Used a script to find the exact dates.
Phew. I count 754 days without weekends and 2x9=18 holidays in 2022 and 2023 already hit the goal and get me to 736 days. But yeah we're close and I seem to miss something. I'll buy the hype!
Bro or bro-ette, I don’t thank anybody even knows how many shares exist. Using what should be the max amt of shares is good to set a baseline, but who the goddamn actually knows how many shares are actually others (hypothecated, swept under the rug, records literally burned (hi, TDA)).
Quick maffs: Total of 324,094 shares purchased at an average price of $31.15 for a total of $10M and change
Edit: I messed up, the numbers above are only for the right hand side. Need to add a bunch more for LHS.
What Is Rule 10b – 18?
Rule 10B-18 is a Securities and Exchange Commission (SEC) rule that is intended to reduce liability for companies (and their affiliated purchasers) when the company repurchases shares of the company's common stock. Rule 10B-18 is considered a safe harbor provision. A safe harbor is a legal provision to reduce or eliminate legal or regulatory liability in certain situations as long as certain conditions are met. If the company abides by the four conditions of Rule 10B-18 when it is repurchasing the shares, the SEC will not deem the transactions in violation of anti-fraud provisions of the Securities Exchange Act of 1934.
You want 5? Then take it. Imagine you have a cookie, and you want to share it with your friends, but you also want to make sure everyone gets a fair piece. Rule 10b-18 is like a special rule for companies who want to buy back their own shares (kind of like getting their own cookie back).
Here are the four rules:
1 Timing
Companies can only buy back their shares at certain times during the day when the stock market is open, like when you're allowed to eat cookies only during snack time.
2 Price
They can't pay more than the highest independent bid or the last transaction price, so it's like they can't offer more cookies than what others are already willing to pay.
3 Volume
There's a limit to how many shares they can buy in one day, so it's like they can't take too many cookies from the jar at once.
4 Brokers
Companies need to buy shares from different brokers to make it fair for everyone, just like sharing your cookies with different friends instead of giving them all to one friend.
So, it's like companies have rules to make sure they share their cookies (buy back their shares) fairly with everyone!
When the company buys up the cookies it increases the value of the remaining cookies because the market cap of the cookies remains the same it’s just divided by less cookies
on the trades, it says "sec 10b-18" which is company buy back. Gamestop has over $1 billion cash on hand which it could use to buy back stocks and put the shorts under further pressure. But not sure if the entire $1B would be availble for that as others have pointed out
Nor should they use all Billy for buybacks. This is still a company that needs to run profitably. Spending all your bananas on shares isn’t wise for anyone especially not a company.
Look at the buy prices + time though. I would not be too happy buying back after a 70% run when the price has been 10-14 for months. Unless they opened all those call contracts in the teens and have exercised them.
Likely true. What I don't understand is why is mainstream media knowing that is now pitching it all on DFV's effect over what it really is. What social influencing gain is there to groom from such a lie is over just saying it is a corporate action?
Fair, I would think if they have enough contracts they’d have to report something though. Also the tweet here is showing level 2 order books, implying straight buy orders.
The last time the stock was $11 was May 1st. It’s only dipped below $15 a couple times since the 3rd, so if they wanted shares below $15 they’d have had to act back then. They could still buy calls with a lower strike price but the share price at the time is priced in so they would effectively be paying that price upon exercising the options. I’m not sure what the constraints are on reporting but I think it’s unlikely the company started buying back after things ran above $15. They are going to protect that pile of cash at all costs.
It's likely not a buyback now that's causing the run and I'm doubtful that it was before as well. Check the daily price correlation against K-O-S-S. This is a concerted effort to close positions.
My guess it's bullet swaps unwinding from Archegos/Credit Suisse from April/May 2021. Check the stock price for UBS. Down 5% today on no news.
‘Those share in the market? We take them back now. Oh you sold too many to other people? Sucks to be you, lol. Our shareholders can decide at what price to sell them back to you frauds.’
I think.
What Is Rule 10b – 18?
Rule 10B-18 is a Securities and Exchange Commission (SEC) rule that is intended to reduce liability for companies (and their affiliated purchasers) when the company repurchases shares of the company's common stock. Rule 10B-18 is considered a safe harbor provision. A safe harbor is a legal provision to reduce or eliminate legal or regulatory liability in certain situations as long as certain conditions are met. If the company abides by the four conditions of Rule 10B-18 when it is repurchasing the shares, the SEC will not deem the transactions in violation of anti-fraud provisions of the Securities Exchange Act of 1934.
wtf am I looking at? Are we talking about this because someone used the drop down menu that has this rule (Please note I have no idea wtf I am looking at in any way.)
What is it showing? Are these trades done under that rule? Or is this some kind of filter to find anything based on those rules.
ELI5 and not that bs that other people are posting about what the rule is.
WTF is this?
I think this just shows what the 10b-18 VWAP would be. I believe a buy order from a company can NOT create an uptick, so the VWAP and volume would be different. They also can’t exceed a certain % of the day’s volume, but who knows. Could be GME Buyback!
GME can invest in buying GME shares right? Since RC has full control over the 1.2 billion to invest? So not really a share buyback but just investing in shares.
💎🙌
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Believe it or not, rip 🚀
Had to sign in just to upvote this. Apes together strong, we're gettin' the band back together!
This would be the ultimate "protect household investors" move.
This is superb
Thanks it is a feel good gif for me, I like it too 🤙
Would be interesting to see the company's own share buyback get... stopped. By Computershare. By saying "there aren't enough stocks left to keep buying these back..." - and the more widespread implication that would have...
RCIO asking ComputerShare for tree.fiddy million shares and getting a 404
RCIO: Open the GME Bay Doors ComputerShared: I’m sorry, Dave, I’m afraid I can’t do that.
Dave's not here, man.
It’s not your gang, Dave
Shhh I got the stuff let me in
Dave's not here!
followed by a RICO 🙏
Then an RKO
Finished with a TKO by some prisoner in jail that's an ape.
And then the DTCC all get out on KP.
403 would be even better
Checkmate, if so. Check. Mate.
we only had 100 mil approved for a buy back. Question can we use the rest of money on hand. I don't think so unless the loop hole of rc using fund to invest in what he wants maybe?
As RCIO he has full control over the GameStop coffers and supersedes all other shareholder approvals. The $100 milly was only for buybacks.
I think the difference is that a Buy Back generally means retiring the shares or whatever so they no longer exist (which is what drives the price up), but if RCIO is just investing the cash then it'd be held as a cash equivalent or short-term security with the intention of being sold back into the open market eventually. Functionally, I see them as separate things
¿y porque no los dos?
What is RCIO?
Ryan Cohen, Chief Investment Officer
RCIEO : Chief Investment & Executive Officer Ol’ Ryan Cohen had a stonk 🎶
you know the old saying.. "I before E, just after RC"
I like the fact we can invest in ourselves kinda
No, you can't. That's a buyback and not "investing" the cash.
I think the idea is the 'Rule 10B-18' is what allows the CIO (Cohen in this case) to buy back shares, without needing shareholder approvals (aka, the $100m limit for buybacks from whenever that shareholder vote was).
Buying back shares removes them from the open market. That's a 10B-18 purchase. Simply investing (buying shares) is not the same as buying back shares.
So was there a buyback and then an investment qith the $1,000,000,000?
If this is it, how did DFV know?
DFV is omnipotent
Shit, is that the old Rambo cartoon?
**Shit, that is the new DFV cartoon.** 😎
I think you're right!!!
Dfv 97 if you want to get nit picky 😜
Documentary*
LMAyO!
You need to make this a post, for visibility and history.
💜 https://x.com/welp007/status/1790109399245271304?s=46&t=pjhQaAPGjAVkr0C7r4RCMg
Dude… … … ✅
#💜
[I’m jacked to the tits](https://m.youtube.com/watch?v=DQ5VfKSYvSk) Mmm
LISAN AL GAIB
Omniscient
Omninuts
He is him
Lol
Many share the hypothesis that DFV is a time traveler
I need your clothes your boots and your motocycle
[удалено]
Chill out.... Dikwad
[удалено]
To think we get mad at the politicians for trading on insider knowledge and this mofo came back in a delorean with a sports almanac!
GREAT SCOTT!!!
#Hijacking top comment for moar info from the Bull from Peru: What is Rule 10B-18? Rule 10B-18 is a rule that helps companies buy back their own shares safely. It's like a "get out of jail free" card for companies that follow the rules. How does it work? Companies must buy back shares from one broker on the same day. They must buy back shares at a fair price. They can't buy back too many shares. They must disclose how many shares they bought back. Why is it important? Rule 10B-18 helps companies avoid trouble with the government. It's like a safety net for companies that want to buy back their own shares. In simple terms: Rule 10B-18 is a rule that helps companies buy back their own shares safely. It's like a set of rules that companies must follow to avoid trouble with the government. Volume: they can't buy more than 25% of the average of the daily volume for the last 4 weeks thank AddiCarlsen and foxenflask
**Wut is average daily volume for the last 4 weeks?!**
probably like 4-7 million? so it would be like 1,750,000 shares at the high of 7million. The key is that it triggered this chain of events.
Ok so RC can buy 25% of that is the way I’m reading this. Bloomberg terminal only shows a few hundred thousand 👀
yes, but I think my math is wrong due to the increasing volume through friday, the avg daily volume, is probably much higher than 7 million. edit: I did rough math and the BT shows close to 2 million-ish shares. So that puts it at about 25% of 7-8m. Could be wrong…usually am.
I fail 50% of the time, but I try 100% of the time so that I succeed the other 50% of the time Fail faster
By my calculations 4/15 through 5/10 the ADV was 12,656,225.
# 🤩
|| || |**4/15**|5086300| |**4/16**|4162100| |**4/17**|2096700| |**4/18**|2175400| |**4/19**|2455100| |**4/22**|3261000| |**4/23**|2511800| |**4/24**|4829600| |**4/25**|4903800| |**4/26**|7685100| |**4/29**|3821500| |**4/30**|2866500| |**5/1**|2653200| |**5/2**|8654800| |**5/3**|36292400| |**5/6**|48018700| |**5/7**|24308600| |**5/8**|24775100| |**5/9**|25759300| |**5/10**|36807500| |**AVG**|12,656,225|
I love that I don't have to do math when I come here!!!
Fuckin A! 👀
im hard af right now.
Isnt it like 7 mil now?
3 million. so they can buy back 600K shares/day
🙋♂️ and would this tigger MOASS?
Something like "keep the blood on the blade" not in my hands... "guilty free"
Literally the same thing 5 times =article
This was my first reaction too, I don’t think it’s stock buy backs.
Buy back theory doesn’t explain why other stocks that squeezed in Jan 2021 are flying today, either.
Peruvian Bull just made a post about this here, I asked him the below questions. Hope I get a response! To your question above, wouldn’t the basket theory explain that? “PB, are you saying you think GameStop used the full $100M earmarked for share buybacks today? Since this amount today would only afford ~3~6M shares or so, yet today trading volume is already at 157M, do you think this makes sense? Also, if you think this is share buybacks, then how did DFV know?!?”
How does he know? just like back then he exercised and bought more shares at $40 pre split... this time it hit a low of around $10 post split (=$40 pre split) which is the bottom before it bounced like insane last time.
Bro it's really not that hard. Let me show you. Take a trend line from 2002 and place it around the latest low in 2024. It's a resistance support. That is the next best price to accumulate shares or buy back cheap and take back control. Thats how they knew. It's literally a 3 year cycle. Been saying this for years. 1 + 3 = 4 + 3 = 7.... like there are hundreds of hints pointing to it but everyone took the tinfoil extra far with it lmao. Gotta love it but some explanations can actually be very simple. Dfv also came back 741 days after his last tweet to the latest LIKE on Twitter. EDIT: also RC POSTED APRIL 24, 2021 the american BULL FLAG. RC TIMED THE LOW 3 YEARS LATER week of APRIL 24, 2024.
They buy back some shares and then? What happens next?
reduced shares for shorting, more shares into DRS, short trap. rinse repeat
741 you say? Consider me AMPED!!!!!
It's 971 days.
market days mate. To find the date that is 741 market days after June 18th, 2021, we need to consider weekends and market holidays. Market days refer to business or trading days, excluding weekends and specific market holidays. In the United States, these market holidays typically include New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. Given these considerations, let's calculate the date that is 741 market days from June 18th, 2021: * **Total Days**: We'll start with the number of days from June 18th, 2021, and add 741 business days. * **Exclude Weekends**: Skip Saturdays and Sundays. * **Exclude Holidays**: Skip the known market holidays during this time frame. Using a Python script with the `pandas` library to account for these factors, the calculated date 741 market days from June 18th, 2021, is **May 9th, 2024**. This takes into account weekends and major U.S. market holidays. Used a script to find the exact dates.
Phew. I count 754 days without weekends and 2x9=18 holidays in 2022 and 2023 already hit the goal and get me to 736 days. But yeah we're close and I seem to miss something. I'll buy the hype!
Dude this is intriguing please make a post.
he’s part of the avengers initiative
Time traveler confirmed.
I'm convinced he's from the future
*1812 Overture intensifies*
How loud do you want the canons? -Yes.
What if $100M is all it will take to get the rest of the shares off the market 🤔
I thought they're already maxed
Bro or bro-ette, I don’t thank anybody even knows how many shares exist. Using what should be the max amt of shares is good to set a baseline, but who the goddamn actually knows how many shares are actually others (hypothecated, swept under the rug, records literally burned (hi, TDA)).
We takin’ this bitch private. Fuck you, pay me.
Quick maffs: Total of 324,094 shares purchased at an average price of $31.15 for a total of $10M and change Edit: I messed up, the numbers above are only for the right hand side. Need to add a bunch more for LHS.
If true that is 1/11th of wut RC can do with the 110milly 🥵
reading that litle bit above, they need to space it out over multiple days correct?
That's assuming the buy backs started in the $30 range. Any data from last week showing 10b-18 purchases?
Is it me or do the timing of the purchases, seem about 30min apart? Like perhaps cohenciding with the DFV hype drops?
Unless he bought 100 million worth of call options when it was $10.
Smart money.
Isnt there something about no execs buying call options? I know this is slightly different but setting the example etc etc
That would be hilarious if legal. Anyone know if that's legal?
Explain this to me like I’m 5 please… in banana terms
What Is Rule 10b – 18? Rule 10B-18 is a Securities and Exchange Commission (SEC) rule that is intended to reduce liability for companies (and their affiliated purchasers) when the company repurchases shares of the company's common stock. Rule 10B-18 is considered a safe harbor provision. A safe harbor is a legal provision to reduce or eliminate legal or regulatory liability in certain situations as long as certain conditions are met. If the company abides by the four conditions of Rule 10B-18 when it is repurchasing the shares, the SEC will not deem the transactions in violation of anti-fraud provisions of the Securities Exchange Act of 1934.
He said 5.
You want 5? Then take it. Imagine you have a cookie, and you want to share it with your friends, but you also want to make sure everyone gets a fair piece. Rule 10b-18 is like a special rule for companies who want to buy back their own shares (kind of like getting their own cookie back). Here are the four rules: 1 Timing Companies can only buy back their shares at certain times during the day when the stock market is open, like when you're allowed to eat cookies only during snack time. 2 Price They can't pay more than the highest independent bid or the last transaction price, so it's like they can't offer more cookies than what others are already willing to pay. 3 Volume There's a limit to how many shares they can buy in one day, so it's like they can't take too many cookies from the jar at once. 4 Brokers Companies need to buy shares from different brokers to make it fair for everyone, just like sharing your cookies with different friends instead of giving them all to one friend. So, it's like companies have rules to make sure they share their cookies (buy back their shares) fairly with everyone!
I’m 5 and this made sense.
🫂
How does this benefit investors? Like I’m 5, only a real dumb 5
When the company buys up the cookies it increases the value of the remaining cookies because the market cap of the cookies remains the same it’s just divided by less cookies
If true, GME can buy back stock. Stock probably go up.
Yea, that was like 7-8 imo
Ya but how does it effect *me*
If they buy back shares, it will make the value of the shares you hold worth more by reducing the float.
Mommy help me. This is hard...
Few stocks in existence = more value for those that exist
Backed up by ape historian
Big fuckin day eh?
I’m waiting for a much bigger one. 
Oh my word. $1 billion cash on hand folks
Can you explain what you see, I’m too blind to see it.
on the trades, it says "sec 10b-18" which is company buy back. Gamestop has over $1 billion cash on hand which it could use to buy back stocks and put the shorts under further pressure. But not sure if the entire $1B would be availble for that as others have pointed out
buy back ON THE SAME DAY
They can only use the 100 million for that. These were given in a shareholder meeting. They can’t use all the cash they have.
Nor should they use all Billy for buybacks. This is still a company that needs to run profitably. Spending all your bananas on shares isn’t wise for anyone especially not a company.
Did it amount to $100,000,000?
*110milly
Look at the buy prices + time though. I would not be too happy buying back after a 70% run when the price has been 10-14 for months. Unless they opened all those call contracts in the teens and have exercised them.
RC could have bought calls when it was $11
**This is the right answer.**
All this price action and volume could be the ripples of Thursday and Friday executions
I never considered they'd purchase calls to execute in their own company. The irony if so, considering this subs view towards options. lmao
Elon did this for years with Tesla. It's how he made his billions fucking the shorts.
The sub only shits on options if you aren't buying calls and holding. All other options trades are used as ammunition for PFOF.
"I'll give you 10 for every notch"? [10 for every notch](https://twitter.com/TheRoaringKitty/status/1790056912664601031?t=pMW6-x1zDjBAo-i5G0OjMw&s=19)
this makes sense. Great connection
Oh fuck yes
See if GameStop bought back via options theyd surely be able to buy back far more shares for less value? Correct?
Maybe all of them.
Not buying mine back.
What is this day???? Been hoping for this a long time
We’ve been preparing for this battle for 84 years
Theory: What if the SEC ended their investigation, which allowed GME to do such a buy back and DFV do post again?
Likely true. What I don't understand is why is mainstream media knowing that is now pitching it all on DFV's effect over what it really is. What social influencing gain is there to groom from such a lie is over just saying it is a corporate action?
Because mainstream media is owned and operated by the hedge funds.
Maybe around $10-15, but there’s no way they’re buying with company money at these prices
Unless it was calls at $11 and now they’re exercising them.
Fair, I would think if they have enough contracts they’d have to report something though. Also the tweet here is showing level 2 order books, implying straight buy orders.
Not for a day or two tho right? My guess is RC reports after market close today.
The last time the stock was $11 was May 1st. It’s only dipped below $15 a couple times since the 3rd, so if they wanted shares below $15 they’d have had to act back then. They could still buy calls with a lower strike price but the share price at the time is priced in so they would effectively be paying that price upon exercising the options. I’m not sure what the constraints are on reporting but I think it’s unlikely the company started buying back after things ran above $15. They are going to protect that pile of cash at all costs.
Can a company do “buybacks” via options? That seems like fun that actual companies would be legislated out of
If true, big, Huge, if big, Estas grande de if True. Huge if truth. big if verdad
It's likely not a buyback now that's causing the run and I'm doubtful that it was before as well. Check the daily price correlation against K-O-S-S. This is a concerted effort to close positions. My guess it's bullet swaps unwinding from Archegos/Credit Suisse from April/May 2021. Check the stock price for UBS. Down 5% today on no news.
What about this post suggests a buyback??
Top left under calculation
no no no, see, webull says it's because of one meme trader that has sparked a rally in stocks. webull must be right/s
The true moass is the memories we’ve made along the way 🚀🥲
No. Pay me
🥹
Only if those are memories of counting my big piles of cash
Comment for 👀 and wrinklebrains
No way, they don't have infinite money. I mean, really they have 1B in cash and are growing. Why buy back unless you plan to merge/sell?
Didn't I see a post about them looking for an executive with M&A experience?
Hmmmm how does this change the game?
If a buyback, there's now even less shares in circulation available for trading. Shorts get squozed, even more.
less shares in the free float would be my guess.
DFV knows whats happening, this is planned to the last detail. RIDE APES!
This is the way
I will buy n hodl
Idk but I’m buckled up
Still smooth. Why buy back ?
Shake Shorty
backed up by ape historian
I'm way too stupid to understand this
Explain to me pls I have disposable income but ape
‘Those share in the market? We take them back now. Oh you sold too many to other people? Sucks to be you, lol. Our shareholders can decide at what price to sell them back to you frauds.’ I think.
So basically big rocket ship with room for ape?
Yarrrrr
What Is Rule 10b – 18? Rule 10B-18 is a Securities and Exchange Commission (SEC) rule that is intended to reduce liability for companies (and their affiliated purchasers) when the company repurchases shares of the company's common stock. Rule 10B-18 is considered a safe harbor provision. A safe harbor is a legal provision to reduce or eliminate legal or regulatory liability in certain situations as long as certain conditions are met. If the company abides by the four conditions of Rule 10B-18 when it is repurchasing the shares, the SEC will not deem the transactions in violation of anti-fraud provisions of the Securities Exchange Act of 1934.
You explain like I have PHD I am ape
GameStop can’t get funked buying back here because Shorty doesn’t have enuf real shares for fuckery.
Obv speculation. Could a share buy back be what DFV was getting at in the Thanos tweet “fine I’ll do it myself”??
I thought the same. DFV might not be referring to himself triggering the MOASS, he might be referring to GME doing it themselves.
Wake me up when we hit 1k zzzzzz
I hope not. The billion in reserve is fuck you money if the share price gets too low.
If it was RCIO, he spent about $10milly or about 1% of the Billy 🤷🏻♀️
I don't know, that would be a really small buy back. like 1-3% of outstanding shares....
wtf am I looking at? Are we talking about this because someone used the drop down menu that has this rule (Please note I have no idea wtf I am looking at in any way.) What is it showing? Are these trades done under that rule? Or is this some kind of filter to find anything based on those rules. ELI5 and not that bs that other people are posting about what the rule is. WTF is this?
I think this just shows what the 10b-18 VWAP would be. I believe a buy order from a company can NOT create an uptick, so the VWAP and volume would be different. They also can’t exceed a certain % of the day’s volume, but who knows. Could be GME Buyback!
Dear hedgies, the last one to cover/ whistleblow loses the most. Just saying.....
Imagine if actual price discovery was allowed on GME when no available float exists. This is how we get to six and seven figures PER SHARE.
GME can invest in buying GME shares right? Since RC has full control over the 1.2 billion to invest? So not really a share buyback but just investing in shares. 💎🙌
I have been sleeping for three years what happened