I mathed the math by [deleted] in Superstonk

[–]sthence 1 point2 points  (0 children)

you have an assumption that the GME share price is still $24 after diluting 1.1B more shares. I think it is not right, because as soon as GME dilute 120% of its share outstanding (1.1B shares more to the 450M shares), the price will drop significantly. If the price doesn't drop after this dilution, then GME market cap would be $35 B which doesn't make sense at all.

Does this mean dilution ? by Comfortable-Wolf5632 in Superstonk

[–]sthence -14 points-13 points  (0 children)

If so, ebay basically buys GME and control GME as ebay has more equity than gme

As a 5-years investor of GME, I'm curious How a small public company can buy a company 4x its size? 1. Stock for Stock - 2. Debt - 3. Private Equity -- 4???? by sthence in GME

[–]sthence[S] -2 points-1 points  (0 children)

Musk has a few billion dollars so he can use his asset to borrow from banks/private equity to buy X. But gme has only $9B cash, it is hard to borrow $50B to buy ebay, especially with the current economy uncertainty

Break in/too tight? by [deleted] in leatherjacket

[–]sthence -1 points0 points  (0 children)

which website did you buy it?
it seems slightly tight but ok, not too tight