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Because GME already has more cash than it’s debt. It’s always had a great balance sheet. Shorts were not very justifiable: it was hardly going to go bankrupt.
by dannyw 6y ago
Because GME already has more cash than it’s debt. It’s always had a great balance sheet. Shorts were not very justifiable: it was hardly going to go bankrupt.
- kgwgk 6y agoIt doesn’t have to go to bankrupt, it just has to go down.