This is not advertising a dubious financial influencer, site or trading training organization to attract customers. Twenty-year-old college student Jake Freeman made $110 million in just one month, the Financial Times reported. At eighteen, he ran for the US presidential campaign. It is ultimately not in politics, but on the markets that he will make a name for himself. Two years later, he became the new prince of Wall Street. The prodigy is awash in requests for interviews.
Jake Freeman bought in July nearly 5 million shares of the group Bed Bath & Beyond at a price close to 5.5 dollars and sold them a month later when it exceeded 27 dollars. He thought at the start that the action could double at most. He did well to sell, since the “speculative breath” fell. On Friday, the title closed on a plunge of 40.5%, to 11 dollars. It fell another 16% on Monday to $9.