Stock Market, Stock Markets the Big Easy Way, Wall Street
The WallStreetBets GameStop Hype Helped This Guy Save His Dog’s Life
Feb
The injury is the equivalent of a torn ACL in humans and is a common problem in bulldog breeds. The vet told Delgado the devastating news that without the surgery, the best option was to euthanize Toshi.
“I couldn’t sleep that entire night and I kept trying to think of what I could do to raise the money,” said Delgado. “I was going to start a GoFundMe or something, but I’ve never been the kind of person to ask for charity.”
Delgado was already invested in a few stocks and in cryptocurrency, so he had a look for what could be a way to raise the money. That took him to r/WallStreetBets.
“I figured I didn’t have anything to lose,” he said.
He took around $1,000 that he’d scraped together and invested in GameStop and AMC last Tuesday. At that time, GME was priced around $97. He was able to sell the next day when it was near $400, making the extra $3,000 he needed for Toshi’s surgery. (BuzzFeed News reviewed screenshots of Delgado’s trading app, showing the jump in his stock’s value and his withdrawal.)
That day, he put up a post on r/WallStreetBets titled “I want to thank you guys for saving my best friends life!”
This content was originally published here.
