Bought 100 shares around 20 bucks and jumped off at 25 bucks and it went to 27 shortly after. Hoping it drops back to 20. Fun times!
Bought 100 shares around 20 bucks and jumped off at 25 bucks and it went to 27 shortly after. Hoping it drops back to 20. Fun times!
If I had more time to watch it and actually trade it I sure would. When it was first mentioned here and it had it's first little pop I almost bought (seems like it was at like $4 or something). Of course I didn't
I had 1,000 shares at 20.65 and sold at 28.72. I'm done
Cha-ching!! Awesome!Originally Posted by bassnpro1
Dirty dirty dirty, that Cohen is dirty.
Thanos was the hero
Nice
nope, I pay no attention to any of the memes stocks. Congrats to those that banked on them though.
Hope nobody held over night.
I dodged a bullet on GME. I was gonna hold till midday Friday, but when momentum stopped yesterday morning I got out. Usually Fridays are the days when we get the stock offerings, or insider sells.
Thanos was the hero
So, it's all over the news that some 20 year old meme guy made $110 million off of BBBY. What's the guesses here, will he get in trouble?
Why would he get into trouble? Unless he was Cohen's buddy.
Thanos was the hero
I don't think he should from the info I saw. I'm still just curious what puts these meme stocks in a different category to the SEC than penny stock pump and dumps. There is a pump on most of these. It still bothers me that they want to slam the OTC so hard, but let these freely run and dump the way they do.
My question is how the student was able to have $25million to purchase the 5 million shares?
One article said he raised the cash from friends and relatives.
His friends and relatives are in a different economic class than mine.
My friends and relatives would be saying, “Let’s go all-in with our combined $2,500”.
I wonder how many shares he was able to purchase with Margin?
The little bit I have heard today is that he had 10 million and got 25 million from relatives. And he may have an uncle with a relationship with Cohen. Good chance the SEC makes an example of this kid............unless he quickly donates to the right charity.
Thanos was the hero
On the surface it seems to be some “pump and dump” by using a college student on reddit to drive up price.
Appears he became more of an institutional buyer, instead of a normal reddit meme-stock buyer.
May not be proven to be illegal-activity, but it has a rotten smell to it.
Yeah I mean all of the meme business is sketchy imo. I've saw the SEC make too many examples in the OTC world
Report last night said that many BBBY suppliers are halting shipments because of unpaid orders. This thing could go even lower.
https://stocks.apple.com/ArggefUcHRKmvTCxaodljYQ
The more BBBY info that comes out, the more “Fishy” Freeman Capital looks for putting down a $25 million bet on BBBY.
Without insider info, that was a big bet to make.
He also knew when to get out.
But I mean even just buying that much of it could work for a pump and dump without insider info. Especially if reddit is pumping it
I have a crazy buy order at $5 on BBBY, for 200 shares. Gambling at it's finest....
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