“Could Markiplier go to "Jail" for the GoPro "Insider Trade"”
GoPro has poor financials (negative equity, high burn rate) and is near bankruptcy; not a viable standalone investment without acquisition hopes.
What if I told you that if you had invested $1000 in GoPro at its peak, it would now be worth only $17.64? Yes, that means a loss of more than 97 percent.
But what if I told you that if you had invested $9 million just two months ago, you could have turned it into $15 million because the company has now announced its acquisition, and you just happened to have avoided this collapse, and fallen completely in love with the stock before you managed to time your $9 million investment in a company that was collapsing to turn it into about $15 million?