GME CEO's holdings
GME CEO Ryan Cohen's holdings fell 8.6% on Monday from 10.5% held in May
It also completed its public offering at the Market and raised approximately $2.14 billion
AMC also improved its balance sheet by selling shares due to the current sharp rise in stocks
What benefited the most this time was not the short sales force or Reddit, but probably the company and some people belonging to it
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のらねこtm : Since the offering was made, Cohen shares were diluted and the equity ratio decreased;; because of that, Cohen is also in a situation where they have to be acquired again to adjust to 10%
SAKUKONO OP のらねこtm : ?
If my holdings were reduced by 2% and the company was 2.1 billion dollars, I would do it as CEO! Isn't it?
のらねこtm : Of course it's fine as a company. Cohen is unpaid, so GME value must be raised
SAKUKONO OP のらねこtm : Since it is said that the current funds will be used for M&A, it seems that it is possible to increase the value of the company by searching for new fields
Stock prices raised speculatively like this one could be disadvantageous for the company, so I think the public offering and the resulting decline (calming down) in stock prices is a management skill
First of all, he's an investor isn't he