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re: Shia LaBeouf turns $20k to $650k

Posted on 9/25/10 at 9:38 am to
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 9/25/10 at 9:38 am to
quote:

To get 35x profit, it must have been penny stocks.



He states he was lucky for the most part because he got in at the bottom and rode the market up until the flash crash, which implies he was in big board plays since pennies aren't really effected by the broader markets (unless they're penny stocks on the big boards).

Makes me think he was trading options.
Posted by bananarama
Baton Rouge
Member since Sep 2010
240 posts
Posted on 9/25/10 at 10:09 am to
Yeah but none of those guys returned 3150%. You are so dumb rivers. You are really dumb, fo real.
Posted by Monkey
Colorado
Member since Jan 2007
4172 posts
Posted on 9/25/10 at 11:10 am to
quote:

He's Jewish. /thread


So am I and I can't do that shite.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 9/25/10 at 11:43 am to
At 3% per trade on average, how many would it take to turn 20k into 650k? Financial calculator handy anyone?
Posted by GeauxGamble
Baton Rouge
Member since Sep 2010
20 posts
Posted on 9/25/10 at 11:51 am to
If you're using all 365 days (which you won't be) somewhere right under 3 years.

It will take a long time to do it with AXTI.
Posted by lynxcat
Member since Jan 2008
25187 posts
Posted on 9/25/10 at 2:05 pm to
My first thought was insider trading
Posted by TuDog
Boston
Member since Jun 2005
4537 posts
Posted on 9/25/10 at 11:14 pm to
He must be related to rushin.
Posted by LSURussian
Member since Feb 2005
134857 posts
Posted on 9/25/10 at 11:37 pm to
This is too much of a coincidence: you and Rivers reappear after a long absence from this board.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 9/26/10 at 1:34 pm to
frick.

This thread is like the hole in the wall that all the cockroaches are crawling out of.
Posted by LSURussian
Member since Feb 2005
134857 posts
Posted on 9/26/10 at 1:42 pm to


I have a theory that the Rivers' posts aren't really by Rivers. Something about them is not passing the sniff test.
Posted by LSURussian
Member since Feb 2005
134857 posts
Posted on 9/26/10 at 1:43 pm to
quote:

He's Jewish. /thread


So am I and I can't do that shite.

But he's never worked at Wendy's......
Posted by ottothewise
Member since Sep 2008
32094 posts
Posted on 9/26/10 at 3:06 pm to
Trump and Fonda's ex did the same thing. they got into gold at $20;
turned 10 million into a few billion.



Read the black swan and it will help you not be so jealous when you read a story like that.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 9/26/10 at 3:29 pm to
when was gold 20 bucks?
Posted by LSURussian
Member since Feb 2005
134857 posts
Posted on 9/26/10 at 3:59 pm to
quote:

Trump and Fonda's ex did the same thing. they got into gold at $20;
Another insight into your complete ignorance. The last time gold was $20/oz was in the 19th century. (That means the 1800's.)
Posted by lnomm34
Louisiana
Member since Oct 2009
12702 posts
Posted on 9/26/10 at 4:08 pm to
(no message)
This post was edited on 2/6/25 at 6:02 am
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/26/10 at 6:09 pm to
Stop bringing that book up every time you post, you're going to make people think its a shitty book.
Posted by I Love Bama
Alabama
Member since Nov 2007
38435 posts
Posted on 9/26/10 at 10:52 pm to
quote:

The last time gold was $20/oz was in the 19th century. (That means the 1800's.)


I honestly have not laughed that hard in a long time.
Posted by TigerFanatic0579
Baton Rouge, LA
Member since Sep 2010
31 posts
Posted on 9/27/10 at 8:23 am to
quote:

The last time gold was $20/oz was in the 19th century. (That means the 1800's.)


Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 9/27/10 at 3:28 pm to
quote:

Another insight into your complete ignorance. The last time gold was $20/oz was in the 19th century. (That means the 1800's.)


1919

...but your point is still valid.
Posted by LSURussian
Member since Feb 2005
134857 posts
Posted on 9/27/10 at 3:44 pm to
Ok. A website I found to base my point on said an ounce of gold last traded at $20 in the 1890's. Oh, well. Who can we believe?

Either way, as you said, I'm pretty sure neither Ted Turner nor Donald Trump bought gold at $20/oz and "made billions" doing it.
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