The Complete Idiocy of Jshbone12, a new part of WallStreetBets lore
r/wallstreetbets may have a new member in its hall of fame or lore, the saga of u/jshbone12 who bought puts on failing bank First Republic (FRB Stock) in the wake of Silicon Valley Bank's collapse. Jshbone12 lost $60,000 in just a few days before tripling down just before First Republic Bank officially collapsed netting him a cool gain of $75,000 - but Jshbone12 was not done there, he wanted more, hanging on until First Republic shares were delisted in which now it was a fight against robinhood (HOOD stock) to get his crazy gains out of the robinhood options platform.
Disclaimer:
I am not a financial advisor, please do your own research before making any investment decisions, these are at your own risk.
Sources:
/ submitted
/ i_am_never_trading_options_again
/ frc_will_resume_trading_i_won
/ robinhood_will_let_my_295000_in_frc_puts_e...
/ i_will_be_suing_robinhood_for_295000_if_th...
/ sorry_guys_frc_is_priming_for_another_bank...
/ ive_tripled_down_on_frc_puts
/ frc_update_this_bank_is_done_for
/ huge_smoking_gun_for_frc_collapse
/ hold_until_shares_are_worthless
• LESSSSSSSSSSSSSSSSGOOOOOOOOOOOOOOOOOO
/ robinhood_disabled_gamestop_from_their_app
https://news.sky.com/story/first-repu...
• Guy looses $50k swinging during earni...
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