this post was submitted on 16 Feb 2024
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[–] [email protected] -3 points 9 months ago (3 children)

Could they even sell if nobody is buying?

[–] [email protected] 11 points 9 months ago

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

[–] [email protected] 5 points 9 months ago* (last edited 9 months ago) (1 children)

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

[–] [email protected] -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?