/biz/ - Business & Finance

>>53345474
Better than not paying off any of the company debt and setting themselves up with a golden parachute by way of actively diluting shares.

I don't know if the marketplace will ever gain traction, and while it's current state is unfortunate it's not like there wasn't an actual attempt to turn profit, to say otherwise is just disingenuous. It's cringe to compare but most ideas companies attempt end up as failures. Facebook META fiasco has almost destroyed what was considered a blue chip stock. Tesla completely relies on government subsidies to stay afloat and instead pisses away money on frivolous things like the "Telsa Bot". Googles Stadia was just shut down yesterday, and has an entire site dedicated to the near 300 projects that ended up as a failure https://killedbygoogle.com/
Gamestop still has money in the bank, is debt free in a high interest rate market, and has actively shut down unprofitable stores in an effort to make short term gain. The board isn't completely retarded and no matter how much it makes you seethe the company really isn't going anywhere anytime soon, which isn't good for the people who tried to cellar box the company. I've got plenty of time to continue buying, they don't.

>there are people in this thread that DIDN'T buy yesterdays delicious dip
Imagine