Re:GameStop Is Rage Against the Financial Machine
by nrmitchi on Wednesday January 27, 2021 @11:06PM
(#25938019)
Why would anyone accept Gamestop stock as compensation for anything right now? Especially when they almost-definitely wouldn't be able to turn around and sell it right away.
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Re:GameStop Is Rage Against the Financial Machine
by adolph on Thursday January 28, 2021 @12:01AM
(#25938407)
Because they want to be listed in the exchange without going the traditional way. That is the concept floated for Dell using VMWare in the linked article.
Re:GameStop Is Rage Against the Financial Machine
by nrmitchi on Thursday January 28, 2021 @12:43AM
(#25938647)
As opposed to just going some SPAC route that isn't a meme stock that could very well lose 95% of it's value in the next week/month?
The approach may have been suggested for Dell/VMWare, but at the moment GME is a totally different beast.
Re:GameStop Is Rage Against the Financial Machine
by adolph on Thursday January 28, 2021 @09:07AM
(#25941893)
Some say bubble, others say “frothy.” [0] If you think its valuation will reduce, are you shorting it?
Getting acqui-listed thru GameStop would probably be less expensive than paying some phoney like the former speaker of the house [1] and you get a bunch of retail locations to boot. The existing management of GameStop cashes out a year later as they step aside a la Apple-Next.
0 https://www.nytimes.com/2005/12/25/weekinreview/2005-in-a-wo...
1 https://www.reuters.com/article/us-enpc-ipo-idUSKBN25K26O
*This post is random Internet BS and does not represent financial advice. If you or anyone you know feels a need to “buy” an equity, stock or other advanced financial product please consult with a board certified psychologist.