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I read it as it being a good time for Boeing to sell stock, given that the market is so high. If you have a company and you think it is overpriced, that means
by s1artibartfast 2y ago
I read it as it being a good time for Boeing to sell stock, given that the market is so high.
If you have a company and you think it is overpriced, that means it's a good time to issue stock and convert share price to cash.
Tesla is one of the best examples of in history of companies doing this. They used the inelasticity of Tesla stock price to raise tens of billions of dollars in secondary stock offerings after their IPO
- game_the0ry 2y ago> I read it as it being a good time for Boeing to sell stock, given that the market is so high. This is exactly what I meant.