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  • Over $1.2 billion dollars.

    That’s how much Ryan Cohen, who bought a stake in GameStop last year with the project of turning towards online sales more, has seen his net worth grow just on GME.

    Tons of publicity leading up to a PS5 delivery today. What would it take to make GameStop compete with the likes of Amazon? An extra few billion in valuation can’t hurt.

  • His net worth was increasing by $4 million an hour or something ridiculous.

  • On paper yes.

    In reality the stock would tank as he tried to realise that position, the order book is nowhere near that strong. I doubt he could get more than ~$250mm for his holdings.

    Nothing to grumble at though...

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