Apparently people believe GameStop is issuing an NFT dividend

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by pragmojo

I recently came across this post on Superstonk where OP is transferring shares out of Fidelity because these guys are mad about something. Apparently this is happening a lot because the Fidelity employee felt the need to push back on a rumor about GME releasing an NFT dividend.

Lol

For anyone who hasn’t followed it, the whole GME situation is every bit as good a source of comedy gold as the crypto space. Several months ago, the retail investors at r/wallstreetbets did manage to trigger a short squeeze and made a ton of money at the expense of institutional investors. It was a nice underdog story and pretty funny.

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But since then, this cargo cult of bag-holders has emerged who probably bought GME at $350 and believe that there is another short-squeeze coming (MOASS or mother-of-all-short-squeezes) which will drive the price of a single share up into the millions. They literally describe GME shares as “a ticket to the moon”.

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So they actually believe that institutional investors, who are extremely savvy about how the financial markets work, would allow a second short-squeeze to happen on the same security and would not be able to out-menuver this group of self-described “apes”.

And now these geniuses believe that Fidelity is quaking in their boots because of some kind of NFT dividend.

You just cannot get better content than this.

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