News for hackers. Stuff that matters.
Re:Tesla 5-1 Stock Split by basch on Wednesday August 12, 2020 @01:27AM (#24128844)
Tesla can buy other companies with it's stock.

Facebook's stock is basically Mark's personal currency.

I understand that buying stock isn't straight up giving a company cash, but by pumping up its value, the shares the company is in control of are worth more. I also totally get how thinking people are this altruistic with investing is naive, and it's probably just fomo and short squeezes in a death spiral.

There are no comments on this comment yet.