Ryan Cohen just bought $20M+ of GME. Looks like he is finally turning it around?

He just bought 1M shares of GME. To be fair, 1M share is only a small bump compared to his existing GME share count, but the timing is pretty interesting since GME earnings was two days ago.

Revenue down compared to last year, but gross profit was up 22%, and gross margin ripped from 29.1% to 43.7%. Net income jumped to $299M from $169M a year ago.

Their Collectibles segment seems to be doing extremely well, up 57% YoY to $356M and now 45% of total revenue (GME is going to become a gaming collectible business??).

So yeah, the bull case is operational cost cutting are effective, showing way better margins and profits, collectibles growing fast, and Cohen throwing another $20M into GME right after earnings. He also bought another 1M shares in January around $21.

Is now an attractive entry? Thoughts?