Comment by The_Keg on 27/01/2021 at 06:55 UTC

4 upvotes, 1 direct replies (showing 1)

View submission: /r/wallstreetbets is making international news for counter-investing Wall Street firms that want to see GameStop's stock collapse. The palpable excitement is off the charts.

View parent comment

and what happens when GME cashes in and issue more shares?

Replies

Comment by stagfury at 27/01/2021 at 07:01 UTC

9 upvotes, 0 direct replies

GME can't really issue much more.

They can issue $100 million more at maxmium

The price is now around $150, even at $100 (for easier calculation), 100 mil is a mere 1 mil shares, which means absolutely fuck all in the grand scheme of things.