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GME could issue shares and get a large cash infusion into its business. GME could sell some of its shares to get a large cash infusion into its business. Their
by cobookman 6y ago
GME could issue shares and get a large cash infusion into its business.
GME could sell some of its shares to get a large cash infusion into its business.
Their market cap 19x'd up to ~19B. Having a 1B cash infusion into the business isn't crazy. Imagine what 1B of investment into Gamestop could achieve.
- davidivadavid 6y agoThat assumes people will buy said shares. That's contentious at best.
- curryst 6y agoThere's a short squeeze; people will have to buy. Most of the shorters would probably love to just clear their short if they could buy at a semi-reasonable price. GME has to know their stock is inflated. They could sell stock for 75% of the current market value and still be making money hand over fist. That would, however, crash the price.