So Ryan Cohen buying 100k shares recently (as well as other insiders) was because he wanted to give his money away to the few large traders. You are buying into the propaganda coming from the corrupt business media.
I don't care if you don't like the stock nor the story for the future. But when you attack the investors in the stock who have uncovered huge corruption and collusion between brokers, market makers and consultant groups you become part of the problem.
There are a ton of things going on with dark pools that are costing all investors money. When stocks are sold through the dark pools it damages price discovery. The retail investor (that's all of us who aren't billionaires) gets screwed.
My point is some of the "kiddies" as you call them bought in to GME when the price was well below 40 per share. They haven't lost a dime. Some bought in last January in the 250-500 range. Many of the latter have dollar cost averaged when GameStop was low to bring down their cost basis price. Some lost all their money because they bought high and sold low, but if they really were "kiddies" their investment horizon is long enough that they will have plenty of time to make up for it.
As for me my GME investment is a small fraction of my entire portfolio. But I am not a kiddie and I have probably lost more at the horse track (over the last 5 years) trying to win a pick-6, than I have in GME.
Finally for all you "adult" investors if you have a better stock that has a decent growth story over the next 10 years AND has the potential for a short squeeze please share it. I can forego the horse track and spend a little money on one of your favorite picks.
“So Ryan Cohen buying 100k shares recently (as well as other insiders) was because he wanted to give his money away to the few large traders”
Obviously I was referring to the initial short squeeze play so why respond with that? It makes me think you dont know about thd stock’s history.