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Why don't they just sell stock? They were playing a speculative game and bought high, now they have to sell low. OOPS
by Tobani 7y ago
Why don't they just sell stock?
They were playing a speculative game and bought high, now they have to sell low.
OOPS
- awinder 7y agoRealistically it’s because they’re not going to sell low, but they may just fire a ton of people, max profits, and then sell. There’s a balance of funding to dissuade making that decision, especially when there’s a natural disaster occurring that does have some expiration date.
- berryjerry 7y agoBecause their not going to is not a reason. They should in fact issue more shares, diluting the current ownership. No one wants to buy them because no one has money and so they have to sell extra low.