3318
No wonder they killed Wall Street Bets... they cost the criminals 14 B-I-L-L-I-O-N (media.patriots.win)
posted ago by Doochebag ago by Doochebag +3319 / -1
173 comments
173 comments share save hide report block hide child comments
Comments (173)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
▲ 66 ▼
– ProdigalPlaneswalker 66 points ago +67 / -1

They shorted a penny stock.

Low upside. Unlimited downside.

If the stock had gone to zero the most they could make was around $200 million (or $0.2 billion).

Let me write this out with the zeroes for better visibility.

Potential gain: $200,000,000

Today's Loss: $14,300,000,000

permalink save report block reply