2024
More than 70% of GameStop trades are done off the public stock exchange.
More than 70% of GameStop trades are done off the public stock exchange.

When stock trades are done “Off Exchange” it means the price is not impacted. There is no supply and demand. It would be comparable to a public auction closing its doors to the public, but still allowing certain buyers and sellers to do their own transactions without competition or bids…
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An independent data research firm publishes data stating there are about 2.9 Billion GameStop shares (950% over the limit)
An independent data research firm publishes data stating there are about 2.9 Billion GameStop shares (950% over the limit)

This is something that mainstream media, tv segments, online segments, interviews etc have all been denying. When there are more shares in existence, it could theoretically  cause a short squeeze ( a sudden price surge that can go to prices as high as investors are willing to sell)

As previously announced, GameStop sells 45 million shares, raising almost 1 billion dollars, and brings its total cash reserves to 2 Billion.

The company states “GameStop intends to use the net proceeds from the ATM Program for general corporate purposes, which may include acquisitions and investments.”