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re: Thread on Reddit - Dude inherits 2.5 Mil. Loses all of it except $300k.

Posted on 1/31/17 at 2:07 pm to
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 1/31/17 at 2:07 pm to
quote:

I could not imagine saving money all my life and then leave it to someone only to have it pissed away.
Posted by GEAUXmedic
Premium Member
Member since Nov 2011
41598 posts
Posted on 1/31/17 at 3:16 pm to
His livestream is about to start

LINK

WSB is private now for the event, they have a discord chat for it though

LINK
Posted by GEAUXmedic
Premium Member
Member since Nov 2011
41598 posts
Posted on 1/31/17 at 3:18 pm to
ETA: Shkreli is watching it too https://www.hitbox.tv/martinshkrelilive

quote:

@QTRResearch

Hearing from many people the "D" in the $AAPL idiot's account number means its a "DEMO" account. He's faking the trade. cc @reddit


This post was edited on 1/31/17 at 3:21 pm
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61834 posts
Posted on 1/31/17 at 3:21 pm to
Eta nvm
This post was edited on 1/31/17 at 3:22 pm
Posted by GEAUXmedic
Premium Member
Member since Nov 2011
41598 posts
Posted on 1/31/17 at 3:32 pm to
LMAO HE frickED UP!

Apple's at 125 and rising.

This dude is losing it. Fake or not... entertaining

This post was edited on 1/31/17 at 3:33 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80755 posts
Posted on 1/31/17 at 3:35 pm to
This guy probably killed himself. The final straw to losing all his money
Posted by Shadowlink
The Shadows
Member since Apr 2014
1434 posts
Posted on 1/31/17 at 3:36 pm to
quote:

This guy probably killed himself. The final straw to losing all his money
His live stream is on currently. In a wolf mask.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80755 posts
Posted on 1/31/17 at 3:38 pm to
Not sure how shorting works...

If he throws $300k into shorting AAPL, and it goes up $3/share, how much does he lose?

Posted by L S Usetheforce
Member since Jun 2004
22745 posts
Posted on 1/31/17 at 3:42 pm to
3 bucks per share.
Posted by LNCHBOX
70448
Member since Jun 2009
84053 posts
Posted on 1/31/17 at 3:43 pm to
quote:

His live stream is on currently. In a wolf mask.


He just fell over
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80755 posts
Posted on 1/31/17 at 3:44 pm to
Thats what I assumed...Doesn't seem like a lot for everyone to go crazy about. He still has $292,500
Posted by Shadowlink
The Shadows
Member since Apr 2014
1434 posts
Posted on 1/31/17 at 3:44 pm to
quote:

He just fell over
He's getting back up. Like watching a Rocky Movie.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 1/31/17 at 3:44 pm to
What did he allegedly sell AAPL at?
Posted by thatguy777
br
Member since Feb 2007
2384 posts
Posted on 1/31/17 at 3:45 pm to
I thought he bought puts, which can be extremely volatile depending on expiration date and other factors.
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 1/31/17 at 3:46 pm to
No, he bought out of the money puts using call premiums to purchase them and he was leveraged to the hilt. He's fricking broke.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80755 posts
Posted on 1/31/17 at 3:46 pm to
Ahh maybe so, I thought he shorted.


Are we watching this guy poison himself?
Posted by GEAUXmedic
Premium Member
Member since Nov 2011
41598 posts
Posted on 1/31/17 at 3:48 pm to
It was all fake though
Posted by Shadowlink
The Shadows
Member since Apr 2014
1434 posts
Posted on 1/31/17 at 3:48 pm to
quote:

It was all fake though
Honestly, if you're going to YOLO something I would never choose AAPL.
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 1/31/17 at 3:50 pm to
He bought puts at 120, 115, 110, 105, and 100. Lots of them. He wrote calls to cover premiums.
Posted by Omada
Member since Jun 2015
695 posts
Posted on 1/31/17 at 4:05 pm to
quote:

This guy probably killed himself.

He's faked his death multiple times on there. He'll be back in 3-6 months unless the mods ban him, so mark your calendars now for the next installment.
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