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

"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"

As far as being long, this company has been on a decline for over a decade and is probably worth in the $20 range. PERIOD. Individuals who have purchased the shares of stock own them outright. This particular increase in stock price has noting to do with company value or metrics.

The price of (1) share of common stock SHOULD be tied to some intrinsic value to a company. In this case it was when it was $20 on Jan 12. That all went out the window when the squeeze was on. This rise in share price doesn't benefit the company at all. Nothing has changed with the business. They didn't go out and acquire another 1000 brick and motors in a week, they didn't increase customer through put, they didn't generate additional anything. So the stock is still worth roughly $20, this was all done to punish the short sellers........it may be a fun video game for the moment, but at some point it will plummet and someone will be left holding the bag, or shares at $360ish in a stock worth $20.

A wise man once told me the price of MOST stocks is about 60% real value, 20% potential and 20% emotion. Right now, GME is probably closer to 6%, 14%, 80%.