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Re:Gaming the system: How GameStop stock surged by 3001 on Tuesday January 19, 2021 @03:54PM (#25838756)
Continuously issuing shares leads to dilution(https://en.wikipedia.org/wiki/Stock_dilution). This has a ramifications for board members like Ryan Cohen who wants to change the company trajectory and also tend to have a downward effect on the share price.
Re:Gaming the system: How GameStop stock surged by patleeman on Tuesday January 19, 2021 @09:09PM (#25841744)
RC also bought his 13% stake on his own. Why would he agree to dilute his own shares when GME has cash in the bank and doesn't need to raise?