– Me, addressing how the vaaaaaaaaaaaaaaaaaaaaast majority of stocks being sorta-kinda owned does not matter. It makes no difference. That’s not why people trade stocks or “trade” “stocks.”

It does matter. What? It most certainly does matter and you pounding the table doesn’t make it “not matter.”

as evidenced by most of them mumbling that they don’t expect it and the other half staunchly insisting that nuh-uh.

I’ve seen people reply in this thread the related financials of the company.

There are more directly registered shares of Gamestop (GME) than any other company in the entire history of the stock market - more than Amazon, Apple, and Microsoft combined.

That equates to more than $2 Billion / ~1/3 of the company safely locked away in investors’ own names, out of brokerage, market-maker, & hedge fund collaboration, safe from potential brokerage bankruptcy, while disrupting off-exchange & dark pool abuse, mitigating Failure-to-Deliver abuse, and other similar confidence tricks, deception, derivative-based backstabbing, and basic short selling.

As such, it’s created a once-in-market-history dynamic around the phantom-counterfeit-shares-hedge-fund-abuse-household-investor ecosystem.

We’re talking about a company that is cash flow positive (Free Cash Flow; FCF), no long term debt, ~$1B in cash/treasuries and another ~$1B inventory, moving into the “digital property rights” space, which has been missing from the internet since it was invented – all lead by a team assembled via a 30-something billionaire entrepreneur who took Amazon to the cleaners with Chewy. A company trading at less than 2X assets alone, while currently undervalued by Morningstar where insiders are buying far, far, far more than selling.