Trader Brian Jones on Twitter: "Why did a Billion Dollar Hedge Fund disclose that they used this kid as a front to make 110 Million? I believe they thought that this notoriety for the kid could generate future profits on other #Meme trades in the future but that has yet to work out." / Twitter

Why did a Billion Dollar Hedge Fund disclose that they used this kid as a front to make 110 Million? I believe they thought that this notoriety for the kid could generate future profits on other #Meme trades in the future but that has yet to work out.

Quote Tweet

Trader Brian Jones

@MasterBJones

Oct 6

Now in this case I believe this kid actually made $110 million profit. He's a front for a Major Hedge Fund that had $25,000,000. to put up and orchestra all this on $BBBY. College student makes $110M trading shares of Bed Bath & Beyond nypost.com/2022/08/18/col via @nypost

5:37 PM · Oct 6, 2022Twitter Web App

Replying to

Seems like there would be a legal issue somewhere in there?

2

Replying to

Someone just bought 43,000 aapl calls 11/18 155 strike . $16 million

2

Replying to

Where is this supposed billion dollar hedge fund? This adult "kid" has a wealthy family & experience researching complex financial instruments. He also tried & failed a similar trade on Rite Aid & got in BBBY before Ryan Cohen & sold when it jumped.

afr.com

How a 20-year-old student made $160m on meme stocks

Jake Freeman raised $US27 million through a Wyoming-based fund and bet it all on shares of Bed Bath & Beyond.

1

Conversation