It's not colluding to buy and sell from one another, so it isn't even close to painting the tape. It's simply sharing that a trade was made. It's not illegal to tell people you bought 20k of apple puts. Especially, as in WSB, if everyone knows you're an idiot.
Every single day there's probably somebody who puts a huge amount of money on a roulette square and comes out with a 36x return on their money .. for that day.
If this unsourced account is true, it must have been either heavily leveraged or an "accumulator" of a number of trades which had to come off perfectly. And with leverage you can lose more than you invest...
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[ 0.22 ms ] story [ 56.2 ms ] threadNot much use posting this if most HN users can't actually read it.
This was from yesterday; trader claimed he had puts on the stock at its peak, and doubled-up from $4M to $8M
If this unsourced account is true, it must have been either heavily leveraged or an "accumulator" of a number of trades which had to come off perfectly. And with leverage you can lose more than you invest...