After retail investor holding a group of 3B home rose exceeded 400%, it was cleared by major shareholders, but a college student earned $ 110 million. How did the "God's operation" do?

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On August 19th local time, stocks with US retailers BED BATH & Beyond (hereinafter referred to as 3B Home, BBBY, a stock price of $ 18.55, and a market value of $ 1.483 billion) continued to be sold in large quantities, and US stocks fell more than 36%.

Under the stimulus of retail investors, the stock price rose by more than 400%within half a month, but as the major shareholders issued a clearance announcement, the strong rising was also pressed for the suspension button. UBS and other Wall Street Investment Banks expect the stock to decline.

In this "roller coaster" market, an American college student made a high -selling high -selling high sales and earned $ 110 million. What is such a "god operation"?

Large shareholders cleared the position, the stock price is cut

Since the beginning of this month, with the promotion of retail investors, the stock company of 3B home companies has experienced a round of violence. On August 1, the company's closing price was $ 5.77/share. By the market on August 17, the stock price reached 30 US dollars per share, a cumulative increase of 420%.

After the US stock market on August 16, local time, RC Ventures, a subsidiary of the Chairman of the Game Station Ryan Cohen, said in a document submitted to the US Securities and Exchange Commission (SEC) that the company may sell as many as 7.78 million shares 3B home furnishing companies Stocks and some options.

According to reports, RC Ventures is the second largest shareholder of 3B Home. As of April 21, the former holds 11.8%of the stake in the latter, second only to the Berlaide Group.

According to a document of the SEC of the US stock market on Thursday, RC Ventures has dismissed all these stocks this week, and cash a total of $ 189.3 million. Ryan Cohen made a net profit of $ 68.1 million from this transaction, and the return on the investment in about seven months was as high as 56%.

Affected by the selling news, starting on August 17, the stock price of 3B of home furnishings began to fall sharply. As of the time before the release on the 19th, the stock price fell to $ 11.75 per share, a decrease of more than 60%from the high point on the 17th.

Some Wall Street Investment Bank believes that the decline of 3B home has not ended.

According to the Wall Street Journal report on the 18th, Seth Basham, an investment company Wedbush analyst, gave 3B home "selling" rating and said that with the catalyst of Ryan Cohen, the stock will be reversed.

UBS analyst Michael Lasser also said that after experiencing crazy transactions, the stock price of 3B home has become too inflated. Lasser reiterated the "selling" rating of the stock to set its target price to $ 3.50, which means that there is still 80%of the decline in the closing price ($ 18.55/share) from the stock on Thursday.

"I think the 3B home is still facing a big challenge," Lasser said. "The company's sales have been facing tremendous pressure. This situation may continue. This situation has even happened before we really fall into the consumption recession. The noise is promoted. As the company's stock price returns to the actual situation of the company, the stock price will fall sharply. "

"Divine Disk" worth $ 110 million

In the fierce fluctuations of stocks, some people often "lick the blood and leave the field", and some people realize the so -called "wealth freedom". In this "game" of 3B home, some people earned $ 110 million in just over a month. Of course, one thing to recognize is that not everyone can be the lucky one.

According to reports, Jake Freeman, a 20 -year -old college student in the University of Southern California's applied mathematics and economics, bought 5.5 million shares of the company at the price of nearly $ 5.5 per share at a price of nearly $ 5.5 per share.

On August 16th, as the company's stock rose, Freeman sold stocks worth more than $ 130 million, just before the news of Ryan Cohen's application for clearance for sale. The "god operation" that was bought at such a wave of lows and thrown highs made him earn $ 110 million.

Jake Freeman listed his internship experience in Volaris Capital Management, New Jersey. Volaris is a company that focuses on various options trading strategies.

Jake Freeman said in an interview with the media on Wednesday, "Of course I did not expect (stock price) would have such a big rebound. I thought I would wait for more than six months ... I am really surprised that it will rise so soon."

Jake Freeman's investment experience was reported by many media. Some of these reports mentioned that he also held a shares with a small pharmaceutical company Mind Medicine (MNMD, a stock price of $ 1.02, and a market value of $ 436 million) through an asset management company. Jake Freeman's uncle Scott Freeman is a former executive of Mind Medicine. The two hold a total of 19 million Mind Medicine shares, accounting for 4.5%of the company's shares.

After the news of Jake Freeman's positioning Mind Medicine was released, Mind Medicine opened directly 55%on Thursday, and the increase in the market once soared to 78%, and finally closed up 36%.After the market, the company's stock price rose by 15.7%.This small company with a total market value of only about $ 400 million, the turnover of about $ 259 million on the same day, on the same day, was as high as 54.32%.Usually, the company's turnover is usually only two or three million US dollars, rarely more than 10 million US dollars.

Disclaimer: The content and data of this article are for reference only, do not constitute investment suggestions, and verify before use.Based on this, the risk is on its own.

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