Overheard at Moelis
“If Moelis/Hertz can pull off issuing $1B in essentially worthless stock during all of this, then we're the best RX group there is. Imagine pitching and being like, yeah we got our client $1B in essentially free money” - @PJT
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They should be thanking dave portnoy, the true rx genius, with his legion of daytrading tards
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Totally not legal for actual securities btw, but imagine if RX teams had bot armies and meme accounts on /r/wallstreetbets in order to influence market sentiment and get the teenage Robinhood traders on board. That's the cyberpunk future I'm trynna live in dude.
(Side note, the crypto market works like this, lol.)
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That's what used to happen in the 90s and early 00s with chat rooms. Look up Jonathan lebed.
Lmaoo
Holy fuck. This dude didn't have to admit guilt and got to keep $500k. I mean he was stupid and lost a $2.5m lawsuit for unrelated purposes years later, but holy fuck. Maybe crime does pay,
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