Re:GameStop Is Rage Against the Financial Machine
by jaredmosley on Wednesday January 27, 2021 @11:42PM
(#25938281)
GME doesn't care if they pop the bubble though. They know their shares aren't actually worth $350 and they're not making strategic decisions based on them being worth that much. They'd much rather issue more shares, take the increase they get, and get back to their own business.
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Re:GameStop Is Rage Against the Financial Machine
by abfan1127 on Thursday January 28, 2021 @12:19AM
(#25938506)
is that fair to say? certainly some of them are buying at $350 now? Some people are selling now and others are buying, setting the market price. From a selfish standpoint, it makes sense to sell now, if for nothing else, to take those profits to manipulate some other poor company, no?