• Randelung@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    1 day ago

    After the stock is sold by the company it’s completely disconnected. No money to or from the company, no message sent. The only way it’ll hurt them is if they try another offering where they sell new shares and the stock price is low, which will be announced beforehand. Or if they want to buy them back, which probably won’t happen.

    Keep the shares or sell them. GS won’t care.

    • greyhathero@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day ago

      I agree they won’t care about 1 stock, but the board absolutely cares if many people start selling below what they believe to be market value

      • Randelung@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        22 hours ago

        Large traders have different rules and prices than us plebs. Our trades don’t even reach the market places, they’re being internalized by brokers, who were the ones not actually selling you an actual share to begin with. They’ll be happy to take your loss without affecting market prices in the first place.

        An unfair market place is what the whole diamond hands thing is about. So no, I don’t think board members care what us small investors do.