This is why I absolutely hate Wall Street bets and push back every time it’s brought up. The people usually winning there are people who work in finance and are pushing their stocks onto the unsuspecting folks who visit just for the memes. There is something suspicious about a sub where high ranking users often post there 100k robinhood accounts, and the SEC investing them every few months is proof I’m not the only one who thinks so.
well past 100k now, u/WSBgod, u/DeepFuckingValue, and others are showing plays worth millions of $
some of these accounts "Rose up from nothing" by investing an entire portfolio of 50+ thousand dollars into extremely risky options. Either this is suspect or I'm out of touch with the average joe's risk tolerance.
u/DeepFuckingValue gave his DD, did his analysis and figured out the play. The fact that the shorts shorted 140% of the shares is their fault and nothing to do with insider information, it is all public, except of course for the blatant market manipulation by the same hedge funds, the naked short selling, the ladder naked shortselling, controlling the narrative, all the things people with billions in capital can and will do.
It’s worth noting that u/WSBGod was a scam ran by a corrupt mod to sell investment courses, but so far DFV is legit (given the size of his initial play and the fact he’s gotten his money out I think he’s legit, anyway).
DFV is up what, to $11MM right now, on his $50k investment? That's fantastic returns, but it's also only possible by the generated hype, and result of the short sellers getting screwed.
with that said, if someone spent $225 on lottery, and won $50k, no-one would bat an eye.
you’re out of touch with the entire wsb scene. wsbgod/jarteks alt (the mod that used the sub to farm idiots into a scam/trading group) was a ruse used to hype the sub.
