Billionaire MLB owner Steven Cohen defiant after GameStop loss and says he’s ‘trying to make a living’
The GameStop stock buying frenzy has left some major money movers holding the bag while lay investors have managed to make huge amounts on the Reddit-driven market movement.
Steve Cohen, the billionaire owner of the New York Mets, was among those who were the target of lay investors' rage.
The New York Times spoke with Pablo Batista, a former line cook who began following the subreddit driving the stock's rally, WallStreetBets.
Since he began trading, he managed to turn $4,000 into $67,000.
According to Mr Batisa, he made $11,400 on his investment in GameStop.
Mr Cohen is worth more than $14bn.
At the same time, a class action lawsuit against Robinhood was filed in the southern district of New York.
The GameStop stock buying frenzy has left some major money movers holding the bag while lay investors have managed to make huge amounts on the Reddit-driven market movement.
Steve Cohen, the billionaire owner of the New York Mets, was among those who were the target of lay investors' rage.
The New York Times spoke with Pablo Batista, a former line cook who began following the subreddit driving the stock's rally, WallStreetBets.
Since he began trading, he managed to turn $4,000 into $67,000.
According to Mr Batisa, he made $11,400 on his investment in GameStop.
Mr Cohen is worth more than $14bn.
At the same time, a class action lawsuit against Robinhood was filed in the southern district of New York.
All that neck fat. He'd be better off looking like "No Neck Ed" from 90 day fiancee.
