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Obvious Question: If GME is such a good investment at these levels with their $4B cash now, why isn’t RC buying more shares, at least as a show of confidence for his shareholders? He hasn’t bought any shares in over a year (not even at $10). Currently, he owns 36.84M shares with a cost basis of just $2.41. If he bought 100K more shares for $24.50 each, his cost basis would increase by only 6c to $2.47. So again, why isn’t he buying when he’s already up over 900%, and if he isn’t, why should you?
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74294540 : because he's obviously got something better to use the 4b on than shares
why would we want a CEO daytrading their own stock?
TheClownPrince : He has almost 37 million shares already. Also if the are getting ready to make an acquisition then he shouldn’t be buying stock anyway.