Chances of GME “resolving” this via (non)public offering of shares? Not too familiar with the corporate aspect of it.

This post was edited by obisent on Jan 29 2021 10:39pm

GME has no obligation to "resolve" this at all. They already got the proceeds from the initial issuance of their stock. The r/wsb crowd is their saving grace right now, from a market valuation and ability to secure credit perspective.

Since I hold a share myself, been looking at ways this can potentially go sideways. Came up with feds siding with Wall Street, hedge funds outlasting retail, and GME diluting shares.

This post was edited by obisent on Jan 29 2021 11:53pm

https://finance.yahoo.com/news/will-the-sec-sue-gamestop-traders-183845241.html?.tsrc=daily_mail&uh_test=2_15

Traders who gobbled up GameStop (GME) stock in the Reddit-user-fueled push to squeeze short sellers could end up on the defending side of enforcement action if officials can find out who they are and show they tried to manipulate or deceive the markets.

LOOOOOOOOOOOL

“I like the stock I like the stock”

It obviously devalues the company's stock price. That is the point. Stock price /= health of business.

Do you know what really impacts credit rating? A declining / failing business model. Gamestop is a declining business. They had a better shot at turning around Blockbuster than they do Gamestop.

I'd be disgusted if buyers saw consequences. Meanwhile fnma and freddi Mac execs have no consequences or Lehman brothers.

I can't see anything coming from it.

same the fact its even discussed and bullshit propaganda mill yahoo! finance put it out there is disgusting on all levels though

SIR, why did you buy GME & tell your friends to do the same!?

...good stonk ?

~

https://twitter.com/kasparcms/status/1355246224207609856?s=21



lol

This post was edited by IgoSoHard on Jan 30 2021 01:51pm

Gamestop has been on an upward trajectory since atleast October, add in the new people behind the scenes a little bit later and this is just not accurate.
Shorting stocks earlier in the year might have been technically the correct thing to do, but their digital sales have been going up and up for a few months now. With the new console generations launching as well shorting in January was just retarded, or malicious in nature.

This post was edited by Mangix on Jan 30 2021 01:48pm