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re: GME short squeeze

Posted on 1/19/21 at 12:44 pm to
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 1/19/21 at 12:44 pm to
quote:

Cohen did a lot of good things with CHWY but the current CEO Sumit has done equal if not more for them. Cohen has had absolutely nothing to do with the company since 2018.


Fair enough, but he had a vision and implemented it successfully. If he has a conviction to do it again I'm going to go out on a limb and put a few eggs in that basket.
Posted by cgrand
HAMMOND
Member since Oct 2009
38955 posts
Posted on 1/19/21 at 12:49 pm to
from the "why is it moving" text on TDA:
quote:

GameStop shares are trading higher on continued momentum as the stock gains popularity among retail investors on Reddit's WallStreetBets forum.

Posted by hiltacular
NYC
Member since Jan 2011
19691 posts
Posted on 1/19/21 at 12:53 pm to
quote:

Fair enough, but he had a vision and implemented it successfully. If he has a conviction to do it again I'm going to go out on a limb and put a few eggs in that basket.


I agree and I don't want to discount what he did especially given his age. I just a have a couple friends that have been with CHWY since 2016-ish and the impression I get from them is that Sumit has been much more the guy leading things over the years
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