3 ms·
>In 2001, Schmitz bought €375,000 worth of shares of the nearly bankrupt company Letsbuyit.com and subsequently announced his intention to invest €50 million in
by mjt91 2y ago
>In 2001, Schmitz bought €375,000 worth of shares of the nearly bankrupt company Letsbuyit.com and subsequently announced his intention to invest €50 million in the company.The announcement caused the share value of Letsbuyit.com to jump,resulting in a €1.5 million profit for Schmitz.
This is just _dumb money_. Also I dont see how this is different to many crypto marketeers today.