You are reading a single comment by @Muc-ed-off and its replies.
Click here to read the full conversation.
-
Well that was more a Vietcong bunker than a rabbit hole.
One thing I don’t understand is how a stock split could lead to a squeeze without a recall. If the institutions are selling replicated shares anyway, what’s stopping them from distributing dividends in the form of cloned shares? And if the intention is to have the entire float direct registered, how would quadrupling the float help achieve? If the idea is to reach more shareholders with cheaper shares, wouldn’t buys drive the price up again, returning to square 1?
Muc-ed-off
We like the stock
https://www.reuters.com/markets/us/gamestop-announces-four-for-one-stock-split-2022-07-06/