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by djbebs 1973 days ago
Gme is approaching bankruptcy because they have an unprofitable business, not because of the price of the stock
3 comments
washedup 1973 days ago
Deflated stock price due to shorts speeds it up. This buys them time to figure something out, which I am doubtful of.
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djbebs 1973 days ago
It really doesn't unless you mean that it makes it harder for GME to aquire equity funding.
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stale2002 1973 days ago
Having a high stock price solves the issue of bankruptcy, because gamestop can issue more shares, and have a large capital infusion.
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whateveracct 1973 days ago
WSBers have an inflated sense of self-importance from what i've seen
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