4 ms·
GME issuing shares would be the smart thing to do. The primary goal of a stock market is really to allow exactly that. The market determines the cost of capit
by aeternum 6y ago
GME issuing shares would be the smart thing to do.
The primary goal of a stock market is really to allow exactly that. The market determines the cost of capital for each company, thereby influencing the allocation of capital in society. The question then becomes how efficiently the company can put that capital to use.
- smattiso 6y agoIf they do that it's instant bankruptcy for GameStop. Nobody will ever shop there again. Period. It's over.
- xur17 6y agoAgreed. I think the smart play is to come out with a grand plan that hopefully entices some people to hold onto their stock and keep the game going. Possibly use this to convince people that a small issuance of additional shares to do X would be a good idea. Then, just live off of the crazy publicity and hopefully good will this affords you.
- pjc50 6y agoWhy? Nobody will remember the memes. Boycotts hardly ever work. And AMC already did it.