On October 17, 2022, Ryan Cohen tweets a photo of himself standing next to legendary activist investor Carl Icahn, with no further description provided.
Why did Ryan Cohen tweet a picture of himself standing next to Carl Icahn? Who took the photo?
Ryan Cohen once referred to himself on Twitter as “Ryan Cohen by day, Warren Icahn by night”, which many investors took to mean that Ryan Cohen is inspired and motivated by the behaviors of legendary investors Warren Buffet and Carl Icahn, that his own strategy was some kind of hybrid of the strategies of those 2 individuals.
In the subsequent months following this tweet, much has happened. Bloomberg reported that Carl Icahn was short GME.
Hindenburg Research released a report insinuating that Icahn Enterprises was operating a “ponzi-like” scheme, and the price of $IEP tanked.
At the same time, BBBY investors have been speculating that Ryan Cohen has been working with Carl Icahn on a turnaround / merger / acquisition for Bed Bath and Beyond.
Regardless of what the current unknown reality is, it creates questions that billionaire Ryan Cohen would post a photo of himself standing next to billionaire Carl Icahn, making public the fact that there existed some kind of relationship between these 2 individuals and perhaps an alignment of interests.
35 days after Ryan Cohen posted the photo of himself standing next to Carl Icahn, financial news outlet BNN Bloomberg reports the ostensibly bearish news for GME investors that legendary investor Icahn is positioned against them.
This news report of course failed to include the significant little detail that Ryan Cohen and Carl Icahn were recently pictured together and that this was made known publicly to the world by Ryan Cohen himself. Why omit this detail? Why would a supposedly credible news outlet not present both sides of a story?