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re: What does GameStop plan on doing with all their share capital?
Posted on 1/27/21 at 11:16 pm to bayoubengals88
Posted on 1/27/21 at 11:16 pm to bayoubengals88
potentially.
if people hold them Melvin will have no choice but to buy new shares at a higher price. The stock would go up. Selling it allows them to pay it back at a lower price.
if people hold them Melvin will have no choice but to buy new shares at a higher price. The stock would go up. Selling it allows them to pay it back at a lower price.
1
Posted on 1/27/21 at 11:25 pm to GamecockUltimate
quote:
if people hold them Melvin will have no choice but to buy new shares at a higher price. The stock would go up. Selling it allows them to pay it back at a lower price.
true but selling make this guy a 5 1/2 million profit, comes down to motive
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