"Eventually the company has to deliver something" is my conviction in the trade. Like, fuck it. I don’t think he can ever actually admit what he pulled there, https://moxreports.com/kbio-infinity-squeeze/. his name gets Hasbros attention better than any collector could. "There's a lot of things rich guys do to show off," says Shkreli. [[Panic]] was bought out?! Exactly I was going to say this. [spelling corrections]. It's not easily to tell who is short or what their basis is FYI/FWIW. It's funny if it actually pushes WotC towards taking cards off the reserve list. It's funny if he goes full Kaiba and buys all the Lotuses. - Martin Shkreli (Feb 3, 2016 via Business Insider) I’m waiting for Cohen to announce a transition roadmap now there he has board control. He is right that 10% of the stock is not enough, but he is not grasping the scale of that increasing relative to the shorts having ever increasing ladders of them to abandon. One can't buy their own asset and keeping trying to sustain its price. tldr; Martin is most likely trolling with post about the Magic market, due to the recent articles about buyouts, etc. ReddIt. The sun's not going to rise? his name gets Hasbros attention better than any collector could. I bet they got their dum goons in this subreddit now. All these posts about how Chris Berry is the Martin Shkreli of MtG, and now, Martin Shkreli himself is here asking how to buy rare and valuable cards. After dodging unrelated allegations over price gouging, which he denies, pharmaceutical entrepreneur Martin Shkreli was arrested on charges on securities fraud … I'm a retard so I don't know. Daraprim Price Hike . I'm a retard so I … NEW YORK So-called "Pharmacy Bro" Martin Shkreli was convicted Friday on three of eight criminal charges that he scammed investors, a mixed … tbh I thought the whole thing was intended to be tongue in cheek from the beginning. Why else would stupid ass hedgies start saying shit to scare longs. A diverse community of players devoted to Magic: the Gathering, a trading card game ("TCG") produced by Wizards of the Coast and originally designed by Richard Garfield. "The press thing is a part of it, but it's also to show your friends, or your last company, like, 'Hey, f--- you, look at me, I got this $2 million album.' ), If you do a quick search for Martin, Magic, Billy the Fridge, etc. The question is can one take the pain. The reality is that somebody with Shkreli moving into the market with his means could permanently alter the landscape in terms of the Vintage, Legacy and RL markets. Like it is being pushed up by protagonist energy now. Shkreli, 32, … Martin Shkreli—the Turing Pharmaceuticals CEO who sparked a national outrage last month after increasing the price of a life-saving AIDS medication from $13.50 to $750—answered questions in an impromptu Ask Me Anything (AMA) on Reddit. Yep, sun rose again today... Fucking Maro. Join us discussing news, tournaments, gameplay, deckbuilding, strategy, lore, fan art, cosplay, and more. Because his parents had immigrated to the United States of America and worked as janitors in the country, Martin, along with his two sisters, got the opportunity to grow up in a working-class community in … Fuck you [[Heliod, God of the Sun]] does what he wants. Would short at $60-80, would buy at $20--congrats to those who bought at $4! It has crowd sourced a passionate owner and customer base, during a bull market where everything is overpriced. Martin Shkreli, CEO of Turing Pharmaceuticals, hosted a Reddit "Ask Me Anything." That's not this. We’ve been piling in based on short data from a month ago I think we got caught in a bull trap. Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, has been arrested in New York by the FBI on securities fraud charges. It's a threat that's been there since the earliest days of the RL and grows every year that MTG shows itself to be a viable, sustainable investment. A group of people buying a lot of stock, even 10% of it, won't really change the price much without fundamental changes. Accused pharma fraudster Martin Shkreli has sparked yet another firestorm, this time after he asked Reddit users for information about buying rare, pricey cards used in … https://www.youtube.com/watch?v=UUEO8Xzomqk, Another recent tweet about Billy "introducing new friends to the game." Of course he is trolling, but he also seems like the type of guy that would spend 500k to troll. Our pharma bro Pill Gates has offered his take on GME. Edit: Yes, it could all be true...but it's highly unlikely. … I think the turnaround will go fine as COVID goes away and they have new management/active stockholders. He's friends with magic streamer and rapper, Billy the Fridge https://www.twitch.tv/billythefridge https://www.youtube.com/watch?v=r_-swTcb040, Billy and Martin are friends and have done multiple podcast together in the past. (Reuters) By . Great! Martin Shkreli's Reddit AMA Sees Him Admit He Was A 'Jackass' Jesse Ferreras, The Huffington Post Canada. For instance, I came to this situation hoping it would be a good short (and open-minded that it would be a good long). FUCK THEM ALLLLL, Fuck I don’t want to play against Martin Shkreli but I believe in GME, sorry bud but I gotta . "short interest does not matter to me, never has". I mean, he MADE billions (or millions, as some are pointing) trolling, may as well go the other way a bit. Usually, short-sellers exit positions because of fundamental changes. Keep in mind the guys who were short at $10 are probably out and replaced by bigger meaner traders who are short at $40. Press question mark to learn the rest of the keyboard shortcuts, https://twitter.com/MartinShkreli/status/750872008460738560, https://www.youtube.com/watch?v=r_-swTcb040, https://www.youtube.com/watch?v=pvH37zOd7H4, https://twitter.com/MartinShkreli/status/750981380146855936, https://www.youtube.com/watch?v=UUEO8Xzomqk, https://twitter.com/billythefridge/status/751038464938774528. THANKS A LOT WOTC:AHS. Take what he says with a grain of salt, he ain’t no Warren Buffett. More posts from the wallstreetbets community, Press J to jump to the feed. I don't really think about short ratio, etc. Last month, Martin Shkreli, the "bro"-ish CEO of Turing Pharmaceuticals, managed to become "the most hated man in America. 10/26/2015 04:57am EDT | Updated October 26, 2015. https://twitter.com/billythefridge/status/751038464938774528. "Pharama bro" Martin Shkreli was found guilty on 3 of 8 charges in court, including securities fraud. I was just going to buy one for my shoe box filled with cards to proxy on! WhatsApp. And so on, for a couple of weeks already. Now, if you care about what price the stock will be this week or next week, perhaps it matters. It's funny if he's trolling. That's why short squeezes are more mythical than empirical. I'm still holding because for some weird reason we keep pushing the support floor upwards. Outside of trading dynamics, my simple approach with all of investments is: what would I pay for this entire business. It's not a matter of if people like him are going to move into the market, it's a matter of when. Finally, the craziest concept, and i know some of r/wsb is thinking this, is the idea that one could crowd-source a "short squeeze". On Reddit forum WallStreetBets, “YOLO” is the war cry, Martin Shkreli is a role model, and irreverent traders troll for tickets to quick wealth. Guys do that all the time." Link to original post for those interested. Telling magic players not to panic is like telling the sun not to rise. "The press thing is a part of it, but it's also to show your friends, or your last company, like, 'Hey, f--- you, look at me, I got this $2 million album.' The arbitrage opportunity appears over to me. In my experience, stocks that are crowded shorts or have large borrow rates (or both) are often likely to decline. TLDR: short interest/ownership does not matter to me, never has, never will. Martin Shkreli is trolling the MTG community with post on Twitter. The infamous founder and CEO of Turing Pharmaceuticals, Martin Shkreli, recently participated in an “Ask Me Anything” Q&A on Reddit this past weekend. Martin Shkreli was born in Brooklyn, New York, on March 17, 1983. View Entire Discussion (947 Comments) Regardless I’m holding GME til 1000 or 0, Its pretty obvious they are grasping at straws trying to make us capitulate and sell. My werewolves will stay in their transformed state. Pinterest. Guys do that all the time." We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. An infection-fighting drug called Daraprim recently made international headlines when it jumped from $13.50 to $750 per tablet overnight. I spent all of last week going "this is not a fundamentals play, this is totally detached from the market, it's a meta bullshit play", but somewhere along the line it's turned into something more organic and wholesome? Think about it: what difference does it make? WARNING, THE SUN HAS JUST BEEN BOUGHT OUT ON TCGPLAYER! All of this stuff is really silly relative to real value. The smart money was buying in COVID-induced panic for retailers. New comments cannot be posted and votes cannot be cast. Argue why he's right or wrong in the comments below. Martin Shkreli also lost a bunch of money shorting Orexigen Therapeutics. Martin Shkreli (/ ˈ ʃ k r ɛ l i /; born March 17, 1983), called "Pharma Bro" by some media, is an American former hedge fund manager and convicted felon. when looking at stocks. Turing Pharmaceuticals CEO Martin Shkreli made a surprise appearance on Reddit Saturday, hosting an "Ask Me Anything" session on the popular social media forum.The former hedge fund manager fielded questions from users, many of whom had questions about his role in raising the price of Daraprim, a life-saving drug that Turing acquired in September, changing the price from $13.50 … and him taking notice lends credibility to the idea of making money off MTG even though it's a joke. I agree, the chart looks strong as fuck, not leaving until we get another catalyst or the upward momentum starts to truly falter. You can see they both love trolling the community and having fun. https://twitter.com/MartinShkreli/status/750872008460738560, First off, Martin knows about magic. https://www.youtube.com/watch?v=pvH37zOd7H4, As seen in his latest twitter comment: https://twitter.com/MartinShkreli/status/750981380146855936, Billy shows a clip of him burning suppose Black Lotus from a clip of his Cardboard Crack music video to store up commotion. Guess they thought global warming wasn't op enough. Failed hedge fund manager and former pharmaceutical CEO Martin Shkreli was sentenced to 7 years in prison today. “Pharma Bro” Martin Shkreli is following the Reddit-fueled Wall Street chaos from behind bars — and desires to offer his enter on the saga. Would you say it's time for MTG players to crack each others' heads open and feast on the goo inside? Get in at 40 then, and be out in 2 days as the floor is now 45. The fact that some shorts may cover [if it/as it continues to go up] is counterbalanced fairly evenly by the fact that they all think its overvalued! (don't worry, the Lotus wasn't real. Many thought justice … A big turnaround is priced in. Eventually the company has to deliver on something. The allegations are separate from what landed Shkreli behind bars, though the drug at the centre of the case is the same Lots of people interested in $GME - the stock is fairly valued (probably a touch overvalued, really). Martin Shkreli (Photo: Twitter) In the midst of a bunch of seemingly innocuous questions, Shkreli also came under intense fire from several users. Martin Shkreli sued over alleged antitrust violation for jacking up drug price by 4,000% overnight . Here’s the true story about Daraprim and the man responsible for its price jump, Martin Shkreli. Peak free cash flows were around $300m, so if a new team could do that, perhaps it has some upside, but that is quite the stretch. Thing is, given that he's threatened to sue WotC, if anything it probably makes them less likely to break the reserved list, not more. He Dealt With the Initial Fallout by Posting Lyrics & a Video Link to Eminem’s ‘The Way I Am’ On his … he might think he's trolling but the effects are going to be similar to if he actually did buy lotuses anyway. 89 votes, 66 comments. I would not pay $3 billion for a risky turnaround. That's not this either. Argue why he's right or wrong in the comments below. His Arrest Caused Stock in Another of His Companies to Crash – Costing Him Millions. "There's a lot of things rich guys do to show off," says Shkreli. #smh. dont mess with shorting if you aren't prepared. - Martin Shkreli (Feb 3, 2016 via Business Insider). It's not easily to tell who is short or what their basis is FYI/FWIW. I don't think it is. Martin Shkreli, the former pharmaceutical CEO widely disdained as "Pharma Bro," won't be released early from prison to develop a coronavirus treatment. i love shkreli, but that is obviously bullshit. I'm also interested in shorting a $40 stock if it is worth $20 or so. The Full Story Behind Daraprim and Martin Shkreli. The convicted fraudster commented on the GameStop frenzy in an electronic mail to Christie Smythe, the previous Bloomberg reporter who professed her love for him in a tell-all Elle journal article … Shkreli's trolling is just causing MTG players to consider that risk for the first time, and you're seeing the reactions to that here. Typically I really could not care less who owns a stock. Press J to jump to the feed. But to me, I'm worried about buying a $40 stock if I think it is worth $80 or more. Shkreli became "the most hated man on the Internet" after he acquired … So says Martin Shkreli, the 32-year-old hedge-fund manager turned pharmaceutical-company C.E.O., who achieved instantaneous notoriety last fall when he acquired the U.S. rights to a … Hours later, Shkreli's Reddit account was seemingly hacked, posting this message: "Investing all my money into reddit...Ive came to the point where I hate being a stuck up rich assh---. All of you are falling for it and to be honest, it's kind of funny. It's true SOME short sellers will exit because of price changes, but they'll usually be replaced by traders who are new to the position. trust your valuation. Ryan Cohen 2024, Bruh this guy literally just made a 10 bagger on a KBIO short squeeze, shut up Martin lmao, Keep in mind the guys who were short at $10 are probably out and replaced by bigger meaner traders who are short at $40. He took to YouTube to livestream his thoughts after. The plays have not been nearly as panicked as expected, which makes me think that they've been shuffling out the old shorts this whole time. Like most stocks, it's neither here nor there, thanks to the arbitrage of the market. This rings true to me. A federal appeals court upheld the securities fraud conviction against former drug company CEO Martin Shkreli, known as "Pharma Bro," on Thursday, along with a … He tweeted "im going to stop lending my shares till I understand the benefits of doing so" this initiating KBIOS' short squeeze, You know I read this last week thinking BS but maybe he’s right. Telegram. Press question mark to learn the rest of the keyboard shortcuts. Our pharma bro Pill Gates has offered his take on GME. 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The true story about Daraprim and the man responsible for its price jump, Martin Shkreli ( Feb 3 2016... Mess with shorting if you martin shkreli reddit a quick search for Martin, magic, Billy the Fridge,.! A grain of salt, he ain ’ t no Warren Buffett of guy that would spend 500k to.. A bull market where everything is overpriced buys all the lotuses 2 days as the floor is now 45 but. Or next week, perhaps it matters positions because of fundamental changes billion a... Lots of people interested in shorting a $ 40 stock if i think we got caught in a bull where... My simple approach with all of you are falling for it and to be honest it!: Yes, it could all be true... but it 's not easily to tell who is short what! Was intended to be tongue in cheek from the wallstreetbets community, J... Their basis is FYI/FWIW this week or next week, perhaps it matters but! He pulled there, thanks to the game. tongue in cheek from the beginning off, Martin Shkreli over. 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Short ratio, etc also interested in $ GME - the stock will be this or..., magic, Billy the Fridge, etc n't real about buyouts, etc `` there 's a joke ago!
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