The price is giving back part of the two-day gain with no news, but it holds above Cohen’s ~$24.41 buy, and his first post since July signals a hands-on product push. Desk read, not advice.
Ryan Cohen (16:31 CEST): “hiring mobile engineers to work directly with me. on site in grapevine, tx. remote only if you outwork everyone.” It gives a GameStop recruiting address.
His first post since 4 Jul. It is a hiring call; it says nothing about what the mobile work is for.
Why it matters —A CEO recruiting mobile engineers himself points to an app/product push, but nothing official has been announced.
Follow-up to this morning’s memo story: on 6 Oct GameStop’s site updated a standard pre-owned PS5 Pro to $1,400, which Kotaku says appears to confirm the leak.
A new PS5 Pro is still listed at $900; both new and pre-owned showed out of stock at 9:30 ET. Kotaku has asked GameStop for comment.
Why it matters —Good for used-hardware margins, bad for the brand among gamers; either way it’s small next to the cash pile and insider signals.
Superstonk retail velocity & insider activity. Tracked as market sentiment only — unverified until confirmed by regulatory filings or audited disclosures.