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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Guy who started the reddit post positioned his 50K investment into 22 million.[/quote] Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380. That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k. A nice chunk, but not $22M If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6[/quote] He bought options.[/quote] Still not mathematically possible. [/quote] Worth like $50M now. [/quote] he started it with more I think it was close to 200K. He bought long calls aka leaps out of the money.. they were pennies when he got in and when it made sense he rolled them.. this took place for over a year. he owned like 50K shares which by itself is worth 20M. His first options buys on it were in 2019 its funny to see the old message threads where people said sell or that he was leaving money on the table. The options and stock are definitely close to 50M+ at a share price of 400, could even be 60M. He has a lot of videos on his youtube and was crazy pumped about GME when it was a $4 stock so kudos to him.. https://www.youtube.com/c/RoaringKitty/featured[/quote]
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