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/biz/ - Business & Finance


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19627529 No.19627529 [Reply] [Original]

Daytona, Florida – Florida man John W.B. Rich, 89, and former CEO of a chemicals company recently lost his entire fortune of $100 million. During the COVID-19 quarantine, John picked up the hobby of day trading penny stocks. Over a course of a week, Mr. Rich ended up losing all of his fortune shorting the soon to be bankrupt stocks Chesapeake Energy Corporation (“CHK”), Hertz Global Holdings (“HTZ”) and Whiting Petroleum Corporation (“WLL”).

“My husband made a vast fortune as the founder and CEO of a major chemical company,” Linda Rich, John’s wife stated. “I would have never thought in a million years John would have lost it all in the market.”

According to John’s brokerage statements, his account went from $100 million to a mere $499 dollars in a matter of weeks.

“I knew my husband was becoming disillusioned when he started mumbling about those darn Robinhood traders in his sleep,” Linda Rich stated. “The last time he started mumbling in his sleep was when he got booted off the board of his own company for gross negligence.”

By Tuesday morning, John’s account value had fallen 99%.

“John told me he was heading to Wendy’s to grab a hamburger and shake,” Linda said hanging her head. “Wendy’s is his favorite restaurant. He eats there three times a week.”

https://thestonkmarket.com/florida-man-loses-100-million-attacks-wendys-employee-with-fecal-matter/

>> No.19627536

When John got to the Wendy’s he lost it.

“I accidentally put pickles on his burger,” an unnamed Wendy’s employee stated. “I told him I was sorry and would remake the burger, but he just shuffled off mumbling under his breath.”
John shuffled off into the men’s bathroom to collect fecal matter

“The upset Florida man came out of nowhere and started hurling fresh turds at us,” a Wendy’s cashier stated. “He was screaming incomprehensible words about Robinhood traders and pickles. He must have thrown at least 17 turds. It was the most bizarre thing I have ever experienced.”

The Florida man was arrested for disturbing the peace and violence with deadly weapon. The Wendy’s restaurant will be closed the rest of the week for cleaning.

>> No.19627796

Hahahah is this real?

>> No.19627827

>>19627796
It must be!

>> No.19627842

>>19627796
Hopefully

>> No.19627872

>>19627796
Yes my dad works for his brokerage firm

>> No.19627876

>>19627529
HAHAHA GREAT LINK OP


LOVE THE MALEWARE EMBEDDED, CHANG

>> No.19627923

Begone r/wallstreetbets
Be that word our sign in parting, bird or fiend! I shrieked, upstarting—
Get thee back into the tempest and the Night's Plutonian shore!

>> No.19627957

>>19627872
Are you joking?

>> No.19627992

Man that's just sad. I don't even care that he must be unbelievably stupid with stock trading, losing a fortune just like that at the end of your life is indescribable. I want to feel amused and laugh at him but I just feel mortified. Senility is real.

>> No.19628000

>>19627796
Now, it's a fake news website, sadly.
Would be kek if it were real.

>> No.19628003
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19628003

>>19627796
>the stonk market

>> No.19628047

>>19627992
It's fake.
Just sage or report it.

>> No.19628168

>“I knew my husband was becoming disillusioned when he started mumbling about those darn Robinhood traders in his sleep,”
he was probably one of those bobo posters in /smg/