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submitted 9 months ago by simple@lemm.ee to c/games@lemmy.world
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[-] Lojcs@lemm.ee -3 points 9 months ago

Could they even sell if nobody is buying?

[-] nutsack@lemmy.world 11 points 9 months ago

if the company isn't publicly traded they can't always sell even if they want to

[-] Zacryon@feddit.de 5 points 9 months ago* (last edited 9 months ago)

It would be bought. That's how stocks work. If there is a promising company, there will be interested buyers.

[-] AngryCommieKender@lemmy.world -2 points 9 months ago

Well, penny stocks exist. It's possible that Tencent suddenly liquidating their 30% share could bottom out the share value temporarily. If the market decided that Tencent liquidating their holdings was a sign that the company was going under, that should drive the price down, correct?

this post was submitted on 16 Feb 2024
724 points (98.8% liked)

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