I Like the Stock, But…
$GameStop (GME.US)$ Ryan Cohen HAD to know that GME would drop like crazy yesterday, today, and in the near future when he announced: 1. no plan beyond closing stores; 2. nothing about RK on bring your cat to work day; 3. nothing about synthetic shares and naked shorting.
However, as he said, “Actions speak louder than words.” If Cohen announces through SEC filings: 1. a plan involving acquisitions and consolidation, such as having GME video game premiere play parties on Giant AMC theater screens; 2. having RK join the board or work with GME in some capacity; 3. a request for the SEC to investigate the abundance of synthetic GME shares and naked shorting of GME stock… it will immediately turn around and SHOOT UP!
And maybe that’s his plan… 🚀🧨🌖
Any Great CEO cheers for his/her company. Any Great CEO communcates with shareholders not only to show company success but also to keep shareholders engaged so that they feel valued.
I like the stock, and I want to believe in Ryan Cohen. Now, after three years and with $4 billion in cash, is the time him to step up and make retail shareholders BELIEVE in him 💎🤲💎
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Writer, Producer, Professor, Investor, and Protector of Animals—especially cats 🐈⬛
NOT a financial advisor
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RumRation : It was a very normal annual meeting, were you expecting a quarterly investor meeting?
Kirk Holmes : maybe he wanted a better entry to buy more shares so he owns more than kitty
Bigfrosty : And if he would have what then does is change the fact there are synthetic shares out there. He is doing what he needs to for the synthetic shares problem making it a successful business
Justin Brewer OP Kirk Holmes : Cohen announcing that he’s buying shares via the required SEC filing would definitely boost GME’s stock—an action that would speak louder than words.
Justin Brewer OP RumRation : After Cohen CANCELED the quarterly investor meeting AND diluted shareholders on the same day as RK’s livestream return, which was ABNORMAL to say the least, YES—I thought he would give some meaningful guidance… unless he WANTED the stock to drop.
If-he-in-im-in : shareholder call was about voting and nothing else..... all was clear for more than a week. when the time come to tell people about the plan etc, everybody will know!!!! for now stop getting hype for everything....tchill!!!!
天天稳赚不赔 : This company is killing itself, and if it wants to die, they have to take our retail investors out of the water