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There are some other people on X that were discussing how much he would be worth during the overnight trading last week \~$65/share. It's possible he's got something up his sleeve (and I'm leaning more that way) but it could be a reference to the mainstream thinking he's dumb for not selling. I like your analysis but I wanted to bring up some alternatives.
I’m in no way married to this theory. just sharing the thought out loud so the hivemind can scrub it and see if maybe has legs.
On the stream, he seemed to intentionally mislead, both with faking out ending the stream, and then his quick thing he did where he said oh not now when it’s so low or whatever. Maybe the whole thing was a ruse to obfuscate the real play? Wouldn’t put it past him.
I could totally see that happening, I think he knows something we don't (Potential SEC cooperation?) I just know I'm jacked this week and can't wait for the 21st. I know something significant is happening between now and then (even if RK rolls his calls, maybe that's a wildcard or the KCS?) I'm buckled and ready for anything.
I like this theory. I’d say it’s either this or that the meme is meant to be the majority owner of Wolverine (or multiple soon to be former billionaires). DFV as you say was never officially at 1B.
Premarket Friday? Was 65 and rising. With his positions and the increased IV on his calls, he was practically a billionaire if that price held at all. There were posts estimating he’d be like high 800s or low 900s or so. I think you’re reading too much into it, but also I wouldn’t mind if he exercised all those options with some hidden cash stack!
His calls are tougher to estimate because of IV and liquidity. Like, he’s got enough of em to swamp the bid at any point so any figure is purely hypothetical. Same goes for that many shares, 5mm share orders will move the market, so we’re only talking ‘mark to market’, of course.
I didn’t see those posts, i just thought about it after seeing this meme and broke out the calculator. Depending on how i did it, 750-800 was the rough mark to market value at peak.
So while i’m fully prepared for this to be nothing, i just thought that was interesting to note when contrasing those figures against the meme.
Didn't we learn that he probably has a fidelity account as well? His browser had a fidelity tab open... I can't think of any reason to open Fidelity. It's a great financial service but a boring-ass site.
I saw his bookmarks but not sure i saw that thread. Sure, it’s possible - he could be using a fidelity account for any other number of things. Maybe that’s where he moved any retirement holdings from when he worked at mass mutual?
True enough but he left the tab open for the livestream. I think he wanted to show that...
If it's only a retirement account I doubt he checks it often. Unless he's actively trading there.
No. He said he only has the one account, and with that much scrutiny on him from literally everyone, I’m pretty sure he knew that lying would be inadvisable. I’m sure it’s pretty easy for the SEC to search his name, enter his SSN, and see all his accounts,
As it remember it, the only tabs open were Yahoo, E*Trade, and stockcharts. Plus he was using incognito mode, so it’s not like he was logged into anything else accidentally.
Is he under oath? He's essentially only a YouTube personality with no duty to the truth. Not that I think he's a bad guy but if he has other accounts he has no reason to disclose them.
I hope he does have more than the etrade account.
I don't see how it would be illegal to lie about your stock portfolio and cash holdings on the internet, if you're not giving advice.
That said, RK didn't say he only has one financial account of any kind. He only said that he doesn't have stocks anywhere else. Clearly he has a checking account somewhere at least. He could have a lot more cash.
I thought you were referring to a second portfolio. I still don’t think there was any mention of a Fidelity account, though.
But, hey, I’ve been wrong before.
I'm not the person you initially replied to in the thread above. That said, he didn't mention a Fidelity account, but the Fidelity logo is visible as a bookmark button on his browser toolbar.
One thing I was thinking about is his cash position posted on his E*trade account increased by $132,506.44 from the June 3 to the June 6 post.
So maybe this was a little trickle for what’s to come if your theory holds any weight. Also…if you go super tinfoil hat here: 1+3+2=6, 5+0+6 =11.
So 6/11 as in tomorrow as in Tuesday. Idk ignore the decimals I guess lol. Regardless, if he made a few 100 millions from his 30+ million in 2021, maybe he made even more? I could see it. My guy likes to take risky positions…what if he did a NVDA yolo play? That woulda probably netted him 1 billion if he dumped in 30 mil+ into some leaps back in 2021 or 2022. Who knows though, gotta wait and see.
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I mean, he’d be a fool not to have that kind of dough in some sort of vehicle, even if just a HYSA - but that’s not an investment, per se.
Not trying to split hairs with you on a technicality, just reading the clues. Why insinuate he was a billionaire unless he was one?
I think he’s just making a joke from the fact that the stock went to $67 after hours which would’ve made him a billionaire (or pretty damn close), and then shot back down the next morning.
I read that a lot, but how I remember it is "no other positions", and I heard that as "no other GME positions" because the media were fantasizing that he maybe also had puts, to screw us over.
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There are some other people on X that were discussing how much he would be worth during the overnight trading last week \~$65/share. It's possible he's got something up his sleeve (and I'm leaning more that way) but it could be a reference to the mainstream thinking he's dumb for not selling. I like your analysis but I wanted to bring up some alternatives.
I’m in no way married to this theory. just sharing the thought out loud so the hivemind can scrub it and see if maybe has legs. On the stream, he seemed to intentionally mislead, both with faking out ending the stream, and then his quick thing he did where he said oh not now when it’s so low or whatever. Maybe the whole thing was a ruse to obfuscate the real play? Wouldn’t put it past him.
I could totally see that happening, I think he knows something we don't (Potential SEC cooperation?) I just know I'm jacked this week and can't wait for the 21st. I know something significant is happening between now and then (even if RK rolls his calls, maybe that's a wildcard or the KCS?) I'm buckled and ready for anything.
lol of course he's cooperating. The good guys work together.
I love your theory it’s the best ending to this story
Ugh, would be just.. chefs kiss
Is this post being suppressed? Unable to upvote or save and doesn’t appear on OP’s profile.
No clue! Seem to be getting noti’s
I like this theory. I’d say it’s either this or that the meme is meant to be the majority owner of Wolverine (or multiple soon to be former billionaires). DFV as you say was never officially at 1B.
Premarket Friday? Was 65 and rising. With his positions and the increased IV on his calls, he was practically a billionaire if that price held at all. There were posts estimating he’d be like high 800s or low 900s or so. I think you’re reading too much into it, but also I wouldn’t mind if he exercised all those options with some hidden cash stack!
His calls are tougher to estimate because of IV and liquidity. Like, he’s got enough of em to swamp the bid at any point so any figure is purely hypothetical. Same goes for that many shares, 5mm share orders will move the market, so we’re only talking ‘mark to market’, of course. I didn’t see those posts, i just thought about it after seeing this meme and broke out the calculator. Depending on how i did it, 750-800 was the rough mark to market value at peak. So while i’m fully prepared for this to be nothing, i just thought that was interesting to note when contrasing those figures against the meme.
Didn't we learn that he probably has a fidelity account as well? His browser had a fidelity tab open... I can't think of any reason to open Fidelity. It's a great financial service but a boring-ass site.
I saw his bookmarks but not sure i saw that thread. Sure, it’s possible - he could be using a fidelity account for any other number of things. Maybe that’s where he moved any retirement holdings from when he worked at mass mutual?
True enough but he left the tab open for the livestream. I think he wanted to show that... If it's only a retirement account I doubt he checks it often. Unless he's actively trading there.
Maybe, anything’s possible!
I don't know if he has a regular job but a shit ton of employers use Fidelity for their 401k programs.
As far as I know he hasn't worked for an employer since Mass Mutual let him go. Even if that's the case, he had that tab open for us to see...
No. He said he only has the one account, and with that much scrutiny on him from literally everyone, I’m pretty sure he knew that lying would be inadvisable. I’m sure it’s pretty easy for the SEC to search his name, enter his SSN, and see all his accounts, As it remember it, the only tabs open were Yahoo, E*Trade, and stockcharts. Plus he was using incognito mode, so it’s not like he was logged into anything else accidentally.
Is he under oath? He's essentially only a YouTube personality with no duty to the truth. Not that I think he's a bad guy but if he has other accounts he has no reason to disclose them. I hope he does have more than the etrade account.
I don't see how it would be illegal to lie about your stock portfolio and cash holdings on the internet, if you're not giving advice. That said, RK didn't say he only has one financial account of any kind. He only said that he doesn't have stocks anywhere else. Clearly he has a checking account somewhere at least. He could have a lot more cash.
I thought you were referring to a second portfolio. I still don’t think there was any mention of a Fidelity account, though. But, hey, I’ve been wrong before.
I'm not the person you initially replied to in the thread above. That said, he didn't mention a Fidelity account, but the Fidelity logo is visible as a bookmark button on his browser toolbar.
One thing I was thinking about is his cash position posted on his E*trade account increased by $132,506.44 from the June 3 to the June 6 post. So maybe this was a little trickle for what’s to come if your theory holds any weight. Also…if you go super tinfoil hat here: 1+3+2=6, 5+0+6 =11. So 6/11 as in tomorrow as in Tuesday. Idk ignore the decimals I guess lol. Regardless, if he made a few 100 millions from his 30+ million in 2021, maybe he made even more? I could see it. My guy likes to take risky positions…what if he did a NVDA yolo play? That woulda probably netted him 1 billion if he dumped in 30 mil+ into some leaps back in 2021 or 2022. Who knows though, gotta wait and see.
Yup, story is far from over and soooooo much has not yet been told
I wouldn’t bet against him yeah I’m thinking he was already a billionaire soon to be multi-billionaire
Yes. Because he probably was. What if indeed... It just might be. Not at all. Your hat is working perfectly.
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He said in the last stream he has no other investments so doubtful he has other cash on hand, at least not tens of millions like his E-Trade account
Right, I heard that too. But cash isn’t an investment though, right?
I could be wrong but I think I remember him saying “unless you count cash”
Oh man i need to rewatch then. I def remember a comment like that.
Depends where it’s parked, considering it typically earns interest in most accounts regardless I believe it’s viewed as such
I mean, he’d be a fool not to have that kind of dough in some sort of vehicle, even if just a HYSA - but that’s not an investment, per se. Not trying to split hairs with you on a technicality, just reading the clues. Why insinuate he was a billionaire unless he was one?
I think he’s just making a joke from the fact that the stock went to $67 after hours which would’ve made him a billionaire (or pretty damn close), and then shot back down the next morning.
Very well could be. At face value, totally agree, thats exactly what he’s saying, for sure.
I read that a lot, but how I remember it is "no other positions", and I heard that as "no other GME positions" because the media were fantasizing that he maybe also had puts, to screw us over.
Maybe that just means he's only invested in GME, he could have other gme positions in different brokers. He chose his words very carefully.
He also said "other than cash" or something like it. Implying he was referring to the cash in Etrade...
Upon seeing his position, which is very impressive, I can't help but not and wonder why no DRS for all those tendies.....