Remix.run Logo
andruby 2 hours ago

A company doesn't need $55bn to buy a $55bn company. They can issue new GME shares and exchange $EBAY for $GME. These are sometimes called "stock-for-stock" transactions

shmatt 2 hours ago | parent [-]

Except a sudden dilution usually tanks the stock by the exact % its diluting

So GME dilutes by 20%, stock price immediately goes down by 20%. its not some infinite money hack

sokoloff 17 minutes ago | parent [-]

Except in this case, the company also now owns EBay with a market cap of around $44B before the takeover bid was announced.

I don’t think GP was claiming it was an infinite money hack at all.