You're missing the point. Gamestop will probably still go down after this. Alot, if not most, of the people holding these stocks are willing to lose money to fuck over the hedge funds that have been killing struggling companies for decades. The CEO is not trying to kill the company and at least he owns the shares he is selling unlike the people who shorted it.

I’m not in on this but I’ve been seeing everywhere to hold the line and don’t sell!