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Cohen’s fifth GameStop purchase in 33 days was his most expensive, and he paid the series high the same afternoon he called the investment “a screw up”
The ladder runs $20.38 → $22.94 → $23.48 → $24.41 → $26.98 across 10 Sep, 21 Sep, 29 Sep, 2 Oct and 13 Oct. Every tranche cost more than the one before it; the average price rose 32% while roughly $97m went in. Accumulators normally average down.
The 13 October Form 4 shows 777,000 of the 844,130 shares printed at a flat $27.00 — the highest price he has paid — held direct, with no 10b5-1 plan box checked. On the same day’s podcast he said investing in GameStop “was a screw up,” described having “no exit hatch,” and told listeners to “bet against us.”