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Joined 10 months ago
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Cake day: October 13th, 2023

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  • If nobody wants to buy their stock, that means existing holders won’t be able to sell it, which they would be very pissed off about. And since they literally own the company, the company is obliged to listen to them. The other option is to become an activist shareholder, and use your voting rights in that stock, if you have it, to push for change.












  • If you own stock in a company, you get a share of that company’s profits, if they make them. Receiving a share of profits made in something you consider unethical is, indeed, unethical itself.

    It also affects their share price if enough people do it, look at the stock price for GME to see what a relatively small number of investors can do to a share price. This becomes a big problem for their other investors, who will demand changes to restore the value of their investment.

    It also means they can’t raise funds by creating more shares, as the value is so low.