Stockhead’s biggest market (t)memes of the week.

 

Is this one of the biggest r/wallstreetbets gains of all time? This guy started with ~$400 bucks. Now he has almost $1m.

On. One. Trade.

200,000% Return. 4 Pre-split TSLA options purchased summer 2019. Still holding… from r/wallstreetbets

It’s Tesla of course.

Investors with short positions in Tesla — those betting that its shares would lose value — have lost $US35 billion so far this year.

That’s huge.

This is why you don’t bet against Elon. from r/wallstreetbets

For context, the US airline industry posted combined net losses of $US24.2 billion through the first nine months of 2020; the worst on record.