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At least in theory the extra cash raised by selling the new stock makes the company more valuable, so your shares remain worth the same before and after. Actua
by rwmj 3y ago
At least in theory the extra cash raised by selling the new stock makes the company more valuable, so your shares remain worth the same before and after. Actual practice is a lot more nuanced - the company might not be able to sell the new stock at a high enough price, or they might spend the new money immediately on hookers'n'blow^W^W^W unsound investments.
- PawgerZ 3y agowhat does ^W^W^W mean
- amputect 3y agoThe other answer to this is correct, but a little more detail in case you're interested: ^W is a control code. This specific one represents the keys ctrl+w, a keyboard command in Vi and Bash among other things. It deletes the previous word. You often see something similar with ^H as well, which is a single-character backspace. https://en.wikipedia.org/wiki/Backspace#^W_and_^U https://en.wikipedia.org/wiki/Backspace#^W_and_^U has some more information about these. Some people use them more to make visual jokes in written text, more or less the same way you'd use strikethrough formatting in text.
- IIsi50MHz 3y agoAnd in my experience ties in nicely with the fact that when a dumb terminal glitched or lost sync with the server, control codes would start to litter the screen instead of being interpretted. You'd see things like: …thsi typo^Ŵ^H^H… start to appear, sometimes followed by several random letters hit in frustration, before the final hard-reset of the terminal and resignation to the fact some unsaved work has been lost.
- razodactyl 3y agoI wish there were more people like you on the internet.
- deleted 3y ago[deleted]
- badosu 3y agoRemove previous word