Pretty sure I saw some article saying one share could be worth 24 million a few days ago? Meh. Lot of crayon eating and math involved. Love math. And crayons. I don’t care if it’s worth $0. Never selling.
It’s one thing to have a share be “valued” at $1m. It’s another to have a buyer (Citadel) for that share... it’s highly unlikely. reminds me of when the price of crude went negative for a hot minute or so. Nobody paid anyone to give oil away. If anything GameStop may work out a deal with Citadel where they split shares or dedicate new shares exclusively to Citadel. Illegal? Idk... but fucked up nonetheless
Being forced to hold oil (storage) vs I’ll give it away to for free, rather ill pay you to take it are 2 different things. If that was the case, you’d see virtually free gasoline just to move it. But the lowest I saw gasoline was like $1.35/gal or so. Far from negative (pay me to fuel up my car)
I have two shares, will that make me a millionaire??
Pretty sure I saw some article saying one share could be worth 24 million a few days ago? Meh. Lot of crayon eating and math involved. Love math. And crayons. I don’t care if it’s worth $0. Never selling.
It’s one thing to have a share be “valued” at $1m. It’s another to have a buyer (Citadel) for that share... it’s highly unlikely. reminds me of when the price of crude went negative for a hot minute or so. Nobody paid anyone to give oil away. If anything GameStop may work out a deal with Citadel where they split shares or dedicate new shares exclusively to Citadel. Illegal? Idk... but fucked up nonetheless
Except people were getting paid to hold oil when prices went negative...
Being forced to hold oil (storage) vs I’ll give it away to for free, rather ill pay you to take it are 2 different things. If that was the case, you’d see virtually free gasoline just to move it. But the lowest I saw gasoline was like $1.35/gal or so. Far from negative (pay me to fuel up my car)