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Except that would potentially make GME complicit in activity that regulators are already making threatening "market manipulation" noises about. Also, if they w
by Clewza313 6y ago
Except that would potentially make GME complicit in activity that regulators are already making threatening "market manipulation" noises about. Also, if they were to issue more shares, the mere news of this would likely pop the bubble hard before they would realize any gains.
- jaredmosley 6y agoGME doesn't care if they pop the bubble though. They know their shares aren't actually worth $350 and they're not making strategic decisions based on them being worth that much. They'd much rather issue more shares, take the increase they get, and get back to their own business.
- abfan1127 6y agois that fair to say? certainly some of them are buying at $350 now? Some people are selling now and others are buying, setting the market price. From a selfish standpoint, it makes sense to sell now, if for nothing else, to take those profits to manipulate some other poor company, no?