This dude. A dude who wears a red headband. A dude who goes by DeepF---ingValue on Reddit. A dude who has a YouTube channel called Roaring Kitty. This is the dude behind potentially the biggest market phenomena in history.
He had this weird notion two years ago to put something like $10,000 in failing Gamestock shares. Then he decided to become the leader behind the recent short squeeze. Now he is sitting at about $47 million in Gamestock shares after selling off $5 million, not only 500x-ing his original investment but making enough so that his $47 million could go to $0 and he'd still walk away R-I-C-H.
I want to get a hold of this dude and ask to write his memoir: "From Meme to Millionaire."
Interesting choice of topic @pomeline
Issue around Gamestop definetly brought so much attention to stock markets and exposed some real issues.
I've been wondering: would it be possible and profitable to open short positions on gamestop right now, while price is so high and assuming that very unlikely it will still grow much?
Could hedge funds make billions by shorting it right now?
What do you think?
Cheers, Piotr
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