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crazyjackel 11 points ago +11 / -0

First off, they can't kill off these companies using stock, stocks really have little bearing on the actual company, except on monitoring confidence in them. What you buy when you buy a stock is a piece of paper with a companies name on it, that gives you % of either the companies earnings or control of the company if you manage to get enough. The company usually holds a lot of their own stock to control themselves a little bit, but in good years, they get pressured by investors to buy back at a higher price and give them a little money.

Stock Market is just a casino to be real.

14
AmishMachinist 14 points ago +14 / -0

But we can kill off the hedge funds by forcing them to buy shares at $300 instead of the $3 they projected. That's the beauty of GME right now.