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by washedup 1973 days ago
Not "saving it" but "saving it from short seller pressure". The stock was previously heavily shorted, to the point GME was reaching bankruptcy. That is no longer the case.
1 comments

Gme is approaching bankruptcy because they have an unprofitable business, not because of the price of the stock
Deflated stock price due to shorts speeds it up. This buys them time to figure something out, which I am doubtful of.
It really doesn't unless you mean that it makes it harder for GME to aquire equity funding.
Having a high stock price solves the issue of bankruptcy, because gamestop can issue more shares, and have a large capital infusion.
WSBers have an inflated sense of self-importance from what i've seen