How can a stock price drop when there are more buy orders than sell orders?
(media.patriots.win)
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Couldn't the company release more stock as well?
Driving the number of shares up and the cost down.
Yes-ish?
Typically companies only issue stock when investing in expanding their business.
It would be pretty stupid for them to do that now. After all, it's rumored that there are a lot of fake shares floating around -- and those fake shares spell long prison sentences!
Alright.
Yes. But that's most likely not what's happening now.
Thank you!
Learning a lot.
I don't think they should, but, yeah they could depending on what they have in their treasury. Also, it wouldn't affect the float unless they filed a registration statement like an S-1 with the SEC or else the shares would be issued restricted. The unissued shares could also be locked up in indemnity or lock-up agreements and they would have to do a corporate action and go through the secretary of state and get an articles of amendment to increase their unissued share count
GameStop is rumored to have something like 20 million legit-but-unissued shares in their possession right now, which they could release at any time. If they're smart, they already sold them last week.