He has $13+ million now, he had $33+ million at some point yesterday still in GME, which is much smaller now. I think he actually wasn't in it for the short squeeze, but he saw the opportunity for GameStop to turn things around some months ago. If Cohen can do for Gamestop what he did for Chewey, then he might be right.[/quote]
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Good Thread. I made a bunch of money back in 2009-2010 on a heavily shorted biotech stock. The a-holes who shorted it took a bath as the stock went from $3.00 to $55.00 when their drug was approved. I sold all of my holdings (had my life savings in it on 50% margin) at $40.80 on it's way down to zero within 1.5 years. Nothing is easy or predictable.
BYW, I could not get to 4:03 but I had some decent success in X-C in college on 2 top 20 NCAA Division 1 teams long long ago.