Re:WallStreetBets vs WallStreet: It's not about the money an...
by loceng on Thursday January 28, 2021 @09:54AM
(#25942602)
Apparently there's an early buyer of one of these stocks who made $40 million off of it; I last read they only sold $14 million of their position so far.
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Re:WallStreetBets vs WallStreet: It's not about the money an...
by giu on Thursday January 28, 2021 @10:08AM
(#25942885)
Yep, that buyer is https://twitter.com/theroaringkitty
Here [0] he talks the first time about the GME stock; the video was uploaded on the 28th of July, 2020 and the stock was at $4.03 back then.
Here [1] you can find his latest GME update; he's sitting on $50 Mio. right now, although it's quite volatile.
Here [2] you can see a post from his Reddit account on November 2019 showing his GME calls.
It's just crazy and fascinating at the same time.
[0] https://www.youtube.com/watch?v=GZTr1-Gp74U
[1] https://www.reddit.com/r/wallstreetbets/comments/eick65/gme_...
[2] https://www.reddit.com/r/wallstreetbets/comments/e3kpbc/gme_...
Re:WallStreetBets vs WallStreet: It's not about the money an...
by loceng on Thursday January 28, 2021 @02:10PM
(#25947294)
You just need a single person who's paying attention and understands these arguable flaws, pitfalls in the status quo system, they get rewarded by being able to get in early - and then they can educate a highly organized and motivated group of retail investors who are happy to rally - especially against a system that has fucked over the majority of people.