We are not hyped enough by NAT TURNER finally buying
Nat Turner, GameStop director and the actual CEO of Collectors (the parent company of PSA), dropped $254k on 10,462 shares at $24.33.
This is his first open-market buy since joining the board in late 2024. This in my opinion is one of the most bullish things that has happened in many years for this stock.
The same Nat Turner whose entire business is authenticating and grading the trading cards that GameStop is now pushing hard with PSA Power Packs, in-store submission services, and graded Pokémon/sports cards.
The guy whose company is deeply intertwined with GameStop’s collectibles expansion just put real skin in the game. Not options. Not RSUs. Cold hard cash, open market, at these levels.
We’ve already seen Cohen loading up repeatedly. Other directors buying. And now the PSA guy himself is in.
I wonder if he knows something behind the scenes? Probably. Why wait until now. Why buy at a premium relative to the two year when he was already on the board. Something must've finally clicked for him.
This isn’t some random board member checking a box. This is the operator whose product is literally sitting on GameStop shelves and in their online inventory saying “yeah, I’m buying the stock.”
Let's go NAT!