4 ms·
New Jersey high school wrestling coach is CEO of $100M firm that owns one deli
- devenblake 5y agoTwo things the article didn't answer: How? Why?
- leephillips 5y agoQuite a mystery, isn’t it? The only plausible thing I can think of is some kind of money laundering scheme; not that I can figure out how it would work.
- xbar 5y agoThis. I look forward to the next chapter.
- weird-eye-issue 5y agoSimple: Speculation in OTC stocks. You can see this sort of behavior all the time if you look for it. Companies that have never made a profit, have a sketchy business model (blockchain + psilocybin is not an unusual combination), and suddenly take off from less than $1 to $10+ on pure speculation. Usually some sketchy press releases go out too but once the price gets going it is all speculation that feeds itself.
- greenyoda 5y agoPrevious discussion: https://news.ycombinator.com/item?id=26836367 https://news.ycombinator.com/item?id=26836367
- geoduck14 5y agoGreat. Now I'm hungry.