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shmatttoday at 1:54 PM1 replyview on HN

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


Replies

sokolofftoday at 3:22 PM

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.