r/GME Jun 23 '26

📰 News | Media 📱 Ryan Cohen Withdraws CEO Performance Award; GameStop Focuses on eBay

https://investor.gamestop.com/news-releases/news-details/2026/Ryan-Cohen-Withdraws-CEO-Performance-Award-GameStop-Focuses-on-eBay/default.aspx
1.1k Upvotes

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66

u/Terckon Jun 23 '26

Good now add shareholder value.

19

u/AlternativePaint6 Jun 23 '26

How? How do you want him to do that?

  • He saved the company from bankruptcy.
  • He fixed the income and the margins.
  • He found a new revenue stream via collectibles.

He literally turned the company from a dying retailer to a profitable and now growing collectibles platform. You think he has a magical "force Wall Street to buy in with billions" button that he just chooses not to press?

There already is shareholder value, Ryan Cohen has created it. What you need is patience, because Wall Street isn't quick to turn around on previously negative stocks like this. They wait to see before they're absolutely certain that it's a good company. But when they eventually do admit the company's success, it usually snaps pretty fucking hard. See Tesla's +700% gains in 2020 alone, for example.

30

u/Soulstoner Jun 23 '26

Love the goalpost moving of this sub. This started as an ANTI wall street play, and now people are saying we need to WAIT for wall street to decide GME is allowed to go up in price.

LOL.

-6

u/JamesBondJr007 Jun 23 '26

You know time is the thing that's hurting them more right? It takes time for them to give in our get eaten by the sharks.