The wolf of wall street meme
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He echoed other experts who say it would be extremely difficult to prove that these Reddit users had committed any crimes by pumping these companies. So, at a certain point, someone has to be crossing out the people who are selling and moving on to the next one."īelfort, who was convicted of defrauding over 1,500 investors in the '90s, also spoke about the legality of the coordinated rallies behind companies like GameStop and AMC, which have become popular among short-sellers.
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Got so much money he dosent even know what to do with.
#The wolf of wall street meme movie
"Just remember, every time the market goes up, GameStop goes up, it's going to be harder and harder to make that next move up because the market cap is just not sustainable. you know mat damon was actualy in a movie called wolf wall street this is plagiarism. "It's truly a modified pump and dump because, at the end of the day, it will most certainly go back down because it's not trading on any rational, fundamental value," Belfort said. He acknowledged that small-time investors can make a lot of money through red-hot stocks, but reminds them they can also easily lose it. The infamous ex-stockbroker, who was the inspiration behind Martin Scorsese's Wolf of Wall Street film, recently spoke to CNN about the GameStop mania sweeping Wall Street. Make a meme Make a gif Make a chart -What to push User Templates. Jordan Belfort has a warning for those looking to cash in on the Reddit-fueled stock surges. Department of Justice filed a civil forfeiture suit in 2016 to recoup some of the proceeds of The Wolf of Wall Street, which grossed 392 million worldwide.