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I looked up at my TV just now at work to see this BS headline. Not only would this be one of the stupidest things you could do from a PR perspective but Jesus suppression and censorship much? I'm not even a huge conspiracy person per say but this has to be the biggest flag I've seen of traditional finance trying to suppress someone who is willing and helping all these small investors win as well!
He is the one that did the gamestock thing, right?
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Yep! Still actually has most of it if I remember right! He has I want to say $320 mil in GameStop!
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He made money from that deal, right? Or did he never sell?
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I have to be honest I have no clue... He has over $300 mil in GameStop though so I assume he has kept the vast majority of it. He might have had to sell some to pay taxes tho
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I cant remember either. If he never sold, he wouldnt have to pay taxes.
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He was dealing in options though whose tax structure I am not familiar with