“He does know about the power that he has.'
40 percent. Then it kept falling, down and down, until it was trading at roughly 1 percent of last August’s price—leaving many retail investors with virtually worthless shares.
“He does know about the power that he has…and that when investing in companies, people will follow him,” said Christina Sautter, a professor at the Paul M. Hebert Law Center at Louisiana State University. Since then, Cohen has embraced his newfound fame, dispensing opinions about corporate governance on his Twitter feed, along with unrelated pearls of wisdom such as, “Flatulence is the best icebreaker” and “Are dingleberries fruit?”
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