Is there anything stopping Gamestop from selling the rest of its 800+ million shares available when...

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Is there anything stopping Gamestop from selling the rest of its 800+ million shares available when Moass happens?

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I'm just genuinely curious, I was upset with the timing of this latest offering but I certainly get why gamestop did it, and I'm glad they did. But we voted to allow them to sell up to 1 billion shares right? If that's so, what's to stop them from selling the rest when a squeeze happens? Considering we think the company is naked shorted multiple times over maybe it wouldn't be a big deal, or maybe they wouldn't be able to issue more shares during that? Anyone out there know what could happen in that situation? Just a random thought that occurred

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Darth_Brannigan

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Posted: 5 months ago
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