News for hackers. Stuff that matters.

A comment on Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming. Parent comment

Re:Flood of Oil Is Coming, Complicating Efforts to Fight Glo... by torpfactory on Monday November 04, 2019 @11:30AM (#21443179)
Sure, but the price at which the shares are available decreases with fewer available buyers. Let’s not give oil companies the money or collateral to finance their expansion.
[ Parent | on HN ]
Re:Flood of Oil Is Coming, Complicating Efforts to Fight Glo... by mxschumacher on Monday November 04, 2019 @11:39AM (#21443301)
As I've elaborated in other responses to this thread:

the lower the price is, the more buyers there will be. The company does not change as its price moves. Every decrease in price means investors will get more for less.

[ Parent | on HN ]