dest's arbitrage history

Discussion in 'Journals' started by destriero, Aug 29, 2023.

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  1. ElCubano

    ElCubano

    @destriero . LVLT. I saw a client ride this from 900,000 @ 18 to its peak of around 130ish I believe it got to. This was all from like 1998 to 2000ish when his company got bought out by lVLT. He never sold a share took it out all on margin to buy like 5 clubs in Miami, a mansion, a ferretti yacht that we took to Cuba several times during the Cuban embargo. On one of those trips we got caught and got sued by the department of treasury. Long story short he never collard or sold against multiple times being advised to do so. He flipped the account at Morgan once the stock started cascading down being hit with margin call after margin call then a huge tax lien. Look him up on new times mag. Crazy party period in my life almost ended my marriage back then.
     
    Last edited: Sep 6, 2023
    #81     Sep 6, 2023
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  2. destriero

    destriero


    Crazy!

    Phil (Hamlin) was a family friend. Had a jet boat on Lake Tahoe. ;)
     
    #82     Sep 6, 2023
  3. destriero

    destriero

    (Jet engine)
     
    #83     Sep 6, 2023
  4. destriero

    destriero

    I'll be working with a group next week so the journal is on a short hiatus.
     
    #84     Sep 7, 2023
  5. Rams Fan

    Rams Fan

    You're not still doing gay porn, are you?
     
    #85     Sep 7, 2023
    virtusa likes this.
  6. destriero

    destriero


    Love is love and GFP BWC really pays.
     
    #86     Sep 7, 2023
    Rams Fan and TrailerParkTed like this.
  7. Rams Fan

    Rams Fan

    Indeed

    :finger:

    (That's a "peace sign ... my index finger was amputated and I couldn't use the other hand as its thumb is planted up my arse).

    upload_2023-9-8_18-41-49.png
     
    #87     Sep 8, 2023
    destriero likes this.
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