How a 20-year-old USC student netted $110m from a Bed Bath & Beyond stock dump at exactly the right time
Jake Freeman cashed out his 6% stake in the meme stock after it exploded on Tuesday.
20 Year Old USC Student Cashes out 110Million from BBBY
- Thread starter Serious
- Start date
Ol’Otis
The Picasso of the Ghetto
He raised 25 million from his people 
I’m so poor
I’m so poor
Scustin Bieburr
Baby baybee baybee UUUGH
'Already wealthy college student expands his millions'
That stock has lost over 30% in the last 18 hours. Gonna keep dropping too. Money went from the pockets of everyone who bought after him straight into his and a ton of people gonna have big losses.
And this guy raised $25 million in a couple days just on a bet? How much money you have access to that that's your play money? Basically it ends up being a wealth transfer from mostly less well-off people to a guy whose family was already insanely rich.
And this guy raised $25 million in a couple days just on a bet? How much money you have access to that that's your play money? Basically it ends up being a wealth transfer from mostly less well-off people to a guy whose family was already insanely rich.
I hate living
I'm still at a loss, in regard to how a 20 year old, got access to 25 million for a gambling type play.
It's not like he invested into google or tesla.
This was a straight up shytty stock.
Going from 5.50 to $27, isn't some unheard of phenomenon in the market. But having access to 25 million, at 20, is unreal.
Insensitive
Superstar
I said it before and I'll say it again.
COLD.
HARD.
CASH.
Keep grinding brehs.
Our generation likely won't experience being lent 25 fukking million dollars
but maybe our kids or grandkids can experience what that's like.
COLD.
HARD.
CASH.
Keep grinding brehs.
Our generation likely won't experience being lent 25 fukking million dollars
but maybe our kids or grandkids can experience what that's like.
RadaMillz
Veteran
His family could afford to lose 25 million, the rich keep on getting richer
Neo. The Only. The One.
THE ONE
He put $25 million in and got $110 million back.
Average coli breh put $25 in and got $110 back
Average coli breh put $25 in and got $110 back
I feel like cutting everyone off in my life right now, who doesn't bring me peace or is a leech.
Brolic
High Value Poster
Because he’s from a wealthy family. Look at the WSB Reddit. It’s normal to see 18-25 year old cacs gambling with 6 figures like it’s nothing.
Patrick Kane
Veteran
He was clearly already rich though 
And had the network to build up 25 million fukking dollars. That’s not that impressive. They took a massive gamble and won and if they lost, clearly they could afford to fukk off millions of dollars. People who do can do that are usually worth 100+ million
And had the network to build up 25 million fukking dollars. That’s not that impressive. They took a massive gamble and won and if they lost, clearly they could afford to fukk off millions of dollars. People who do can do that are usually worth 100+ millionTo us it is...to some its not. And if the cac/chink fukked off on it he'd still be ok in life and still be successful. Isn't America great