IPFS News Link • Stock Market
Dave Portnoy Loses '700K-ish' After Selling 'Meme Stocks'
• https://www.zerohedge.com, by Tyler DurdenHe said he bought them at the "absolute high" and sold them at the "exact bottom." In total, he said losses amounted to $700k, something we noted earlier.
Portnoy said people are calling him a Wall Street "suit" - his response: "I may be a pussy, but I'm def not a suit."
With some pent up anger after losing $700k on his "meme stocks," Portnoy continues to bash Robinhood's CEO Vlad Tenev.
Tuesday morning carnage in the heavily-shorted r/WallStreetBets squeeze-trades has resulted in Barstool's Dave Portnoy losing around $700k.
Portnoy tweeted around 1000 ET, "I have officially sold all my meme stocks. I lost 700k ish. Vlad and company stole it from me and should be in jail."
GameStop (GME) is crashing back to double-digit price levels...
The most-shorted basket is rapidly erasing all its gains...
Led by KOSS, GME, and AMC...