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| Topic | Stock Topic 14 |
| CoolCly 01/26/21 4:27:15 PM #483: | red sox 777 posted... The idea would be to issue the new offering to the shorts so that they can cover using those shares. I am envisioning the board feverishly working with their lawyers right now about how such an offering could work logistically and legally without causing the share price to plummet. I suppose if they offered, say, 10% of the current amount of shares in new shares, it wouldn't make that big a dent in the short squeeze dynamic. There would still be over 100% shorted. And 10% I think would pay off their debt in full or come pretty close. This is a good idea for GME - they can directly charge a high price and if its lower than what the shorters would have to pay to settle those shares, its rational for them to do it. but what about ME --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG ... Copied to Clipboard! |
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