re: What does GameStop plan on doing with all their share capital?

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Educate me here on this. Who owns the stock? I’m literally one day into learning about the stock market. Why isn’t this a long term stock? You would think a company value would rise with so much investment

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It’s a corporation. So when you start it, the company sells shares in exchange for money to a person. That’s the only money that goes in the company. After that, it’s that person just selling to another person. So the profit or loss would go to the person who bought the shares from the company and turned around and sold it.

It’s not a long term stock because the business is dying. A retail store for video games when most people are starting to buy games online through PlayStation Network or Xbox live. The reason the price is skyrocketing really has nothing to do with the business and more to do with what outside investors are doing with the stock. It will crash when that is done.

The price of the stock really doesn’t effect the company at all because the money doesn’t go in the company. In order for it to effect the company, they would have to issue more shares and get people to pay the lofty price for it.