/biz/ - Business & Finance

Okay so reading the 8K a few things are jumping out at me
>Cohen can still buy up to 20% of the company under the agreement
>Cohen CANNOT do any proxy shenanigans this April (this kills the short term squeeze meme)
>Cohen has 3 seats on the board, which after the Annual Meeting will be reduced to 9 (including Cohen, his two friends, and Reggie)
>George Sherman remains CEO for now, somehow

Not in the 8K but of note
>Cohen is verifying all his social media channels (YouTube, etc)
>Cohen is now on the GME board, so expect him to do the CNBC rounds
>holiday sales weren't great but they were better than Rod expected
>this is unironically a good time to buy GME

the vast majority of the traction that Gamestop got on r/WSB was due to a small number of users, almost all of whom are RK stream regulars and one of which was secretly RK himself this whole time

this small cabal of users created high effort memes and DD posts that got the rest of the retards on r/WSB to bandwagon into the stock until it became self sustaining

literally four people from an obscure YouTube chatroom manipulated Reddit into pumping Gamestop to spite Melvin Capital

>>25236878
>a 4chan thing for 15 years
yeah totally, I remember when /b/ was good back in 2005

>>24935893
headwinds*

Gaming is growing and Gamestop is pivoting. Governments are not trying to ban Gamestop's primary product. Investing in oil instead of Gamestop is gambling on the wrong turnaround.

>>24723928

>>24488218

Investing in miners has been eternal suffering for me.