GME Stock Split Update - Gamestop Announces 4:1 Stock Split

Gamestop announces 4:1 stock split and GME soars in after hours trading on March 31, 2022. Updates on AMC, Hycroft Mining HYMC. Sundial SNDL, and Mullen Automotive MULN.
#TonyDenaro #GME #AMC

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[thevineyards]

Good vid Tony, they had a month now of knowing about the split now how could they get out of it and how many ideas could they be coming up with.

[ub]

Had to get some sleep but I had finish up the stream with Massalorian. Thanks for always keeping it real!!!

[familygames]

I really enjoy and appreciate your show! Thanks

[tonytierra]

Thanks for everything you do Tony I really appreciate you my man 💎🙌🏽

[neeks]

Thank you tony. No BS content as always :)

[JuiceLab]

Thanks Tony! Always keeping it factual af!

[facts-------NPs]

Tony!
Thanks! You rock.. keep it up..

Big question and thoughts!!.. From my understanding gamestop has 76ish million shares currently issued. Not 300 million correct?

From my understanding they have the right to issue a total of 300 million shares. Now they are wanting a right to issue up to 1 billion shares after recalling.

Which is up to 13x larger than the 76 million (988 million shares).

This would cause every one share issued to turn into 13 shares… would this force a share recall back on the total shares? How would this recall be conducted? (As in would each broker have to issue documentation on the number of shares and names of owners they have? Could this be requested/subpoenaed? Or a different way?

Would this possibly reveal naked counterfeit (synthetic shorts?) if so how.

Could the dividend be just like the tzero method? If they give a token or dividend who actually receives the dividend. How do they figure out the total number to give? Example. If there are 76 million shares and they want to issue 1 dollar each. They would issue 76 million dollars. If on let’s say June 1st there are 500 million requests for the dividend as only 76 million was paid out?

If it is so easy as to give a small divided like I just described, why wouldn’t they have done this already??

Anything I missed? I’ve only been following AMC close. I just also own gme. I apologize if they have been answered but I’ve been looking.

[chrishamberg]

HYMC is never going to a dollar bro.

HYMC produced 10B in precious metals in 2021. It is not the case that Hycroft does not have production.

"Commercial production" is a completely different beast.

[lesliewoods]

Tony Please cover BBIG. BBIG short data is crazy right now. Insane dark pool activity… this is exactly what happened before amc and gme exploded.

[bighunter]

Isn't GME have just over 75 million float not 300 million. The vote would be to get approval for 300 million to 1 billion

[sparkybuchta]

Tony. I normally think you are one of the most reasonable YouTubers out there … but past the short term retail buying hype… a stock split means nothing for the value of the company Shorts will be able to get shares they need to deliver fir a dividend. Just like they would owe cash if it was a cash dividend and they were short - There will be 3x as many shares out there to equal what they need to deliver . And the market price adjusts for the dividend / split. You know that . There will some interesting mechanics for a couple days while everything gets settled out at the custodians — but I think this will go a lot cleaner than retail is speculating

[HostileTakeOver.]

I’m not sure I agree with your thoughts on buy pressure in the 30’s. I looked into this and buys were considerable in comparison.

[Linlinuuuuu]

AMC is over. Be a wise investor. Stop thinking that squeeze will come. It is all a lie. The downward trend proved how weak this stock is. Plz save yourself. AMC is worthless to hold or buy. I am here because I want to save all of u. I know it is hard to accept the truth, but it is really time for u all to think deeply. I used to be one of u and luckily I realised the truth and I stopped the loss. I wish u all can go through it, just like me. Stop wasting money or time on this valueless stock.🙏🏻🙏🏻god bless u all

[duckonabike]

Get off AMC.. the only reason it moves is because of GME.