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| He’s going the warren buffet approach. He’s investing in companies for Gme. This share dilution is him raising money to do that probably. When you figured out how to get an extra 2-3 billion every couple years I don’t think going out of business is on the menu. But also he’s up against some mean dudes
So rumor was cohen bought baba stock. And baba has just been in the toilet for a long time. Anyway some other online Chinese market place, pdd, kinda seems to have come out of nowhere but has really dominated in growth this past year. Shorts didn’t cover but I also don’t think they just sat back on their butts either hoping things go their way. Moves and counter moves it looks like to me
Right now tho the balls in cohens hands
Edited by Deltamudd 6/7/2024 09:19
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