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janice shell

02/02/21 7:21 PM

#4174 RE: CarloRoberts #4163

It goes without saying that it's an interesting story, in which there are a lot of competing interests.

What are Ryan Cohen's plans for GameStop? Since he brought along two former Chewy colleagues to sit on GME's board, I assume joining the company wasn't just a headfake.

Why did Blackrock buy such a large position, and what are its intentions? Have they sold any?

Will FINRA or the SEC bring any enforcement actions? What will RobinHood do about the enormous amount of debt it's suddenly incurred?

There're tons of questions like those, and the answers will come out slowly. But one thing is certain: GME won't trade at $300 a share again anytime soon.