Hi, let me google "how short sellers hurt companies" for you.
First link of one practice: short and distort https://www.investopedia.com/articles/analyst/030102.asp
You can google more yourself.
First link of one practice: short and distort https://www.investopedia.com/articles/analyst/030102.asp
You can google more yourself.
As we all know, MXWL wasn't bankrupted, but neither did they thrive on their own. GME also has 4 times the short interest that those people were talking about. It also lacks a trove of patents that are worth something even in a fire sale. In fact the only thing they really have, IMO, is ThinkGeek, and the last time I looked they had fucked that up by merging its catalog into their own hamfisted storefront.
Honestly, given the current generation of consoles, I think they may be better off rebranding as ThinkGeek and having a Gamestop section at each store. We'll see if the new guy has any ideas like that.