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A comment on How r/WallStreetBets gamed the stock of GameStop. Parent comment

Re:How r/WallStreetBets gamed the stock of GameStop by washedup on Wednesday January 27, 2021 @01:00PM (#25931474)
Not "saving it" but "saving it from short seller pressure". The stock was previously heavily shorted, to the point GME was reaching bankruptcy. That is no longer the case.
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Re:How r/WallStreetBets gamed the stock of GameStop by djbebs on Wednesday January 27, 2021 @01:02PM (#25931513)
Gme is approaching bankruptcy because they have an unprofitable business, not because of the price of the stock
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Re:How r/WallStreetBets gamed the stock of GameStop by washedup on Wednesday January 27, 2021 @01:08PM (#25931569)
Deflated stock price due to shorts speeds it up. This buys them time to figure something out, which I am doubtful of.
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Re:How r/WallStreetBets gamed the stock of GameStop by djbebs on Wednesday January 27, 2021 @01:36PM (#25931994)
It really doesn't unless you mean that it makes it harder for GME to aquire equity funding.
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Re:How r/WallStreetBets gamed the stock of GameStop by stale2002 on Wednesday January 27, 2021 @01:46PM (#25932128)
Having a high stock price solves the issue of bankruptcy, because gamestop can issue more shares, and have a large capital infusion.
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Re:How r/WallStreetBets gamed the stock of GameStop by whateveracct on Wednesday January 27, 2021 @01:05PM (#25931541)
WSBers have an inflated sense of self-importance from what i've seen
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