Thread by @TRUExDEMON

I know tons of people will and have already said this was the wrong way to do this, but there really wasn't a "right" way to do it, because screenshots of my questions surrounding the proxy were taken without context and shared without my permission. 1/12

https://twitter.com/TRUExDEMON/status/1440345539057369090

Someone took the decision out of my hands because they chose to start taking screenshots of what I thought was a candid, private discussion about the stock, and my attempts to do more DD that I was planning to share with everyone on social media.

2/12

I hasdn't even spent 15 seconds doing my DD before someone took what I said and started sharing it out of context with my name attached to a speculative statement about what I thought the proxy meant, and it started spreading around instantly.

And I had to make a choice

3/12

I have lost my freedom to have a private conversation to discuss a stock without someone stealing and warping my words to drive a narrative that counters my entire thesis on a stock.

Not only did they break a cardinal rule, but they took my last illusion of privacy away

4/12

I was being margin called because EVERYTHING in the stock market took a fucking nose-dive yesterday if you hadn't noticed. I lost 30% of my portfolio.

I was going to lose positions no matter what I did, half of my $BBIG position was in deep OTM calls that were down 60%

5/12

Regardless of what was happening, my calls were going to bleed to death, and I accepted that, but then someone took my personal thoughts and used them to get ahead of what they assume they thought was going to be a good trade.

And that pisses me off.

6/12

I do not expect everyone to understand, but unlike the Fed and and their crooked leadership, there was an ACTUAL ethical dillema here, where I had to decide whether to let the actual reasons for my exit (margin call) be known, or to let this asshole warp my words

7/12

In the end, I took some harsh losses, and had to make a choice. But it was compounded 1000x by someone betraying my confidence by publishing a private conversation just to add insult to injury.

The best choice I could make, in my opinion, was to let everyone know before... 8/12

... the rest of social media let wild speculation decide my own opinion against my will.

This iss a no-win situation. I'm sorry I had to make such a public exit, but ethically speaking, I had no choice because being silent and lying about my situation would have been worse. 9/12

Am I bearish on $BBIG for the long term? Fuck no. I thought it was a great stock. But it was either $BBIG or give up another stock that I love more ♥🎥

So instead, I'm walking away from social media entirely because I can't trust people to keep my chats private.

10/12

If you have a problem with my exit, I'm sorry, but that's just too damn bad.

I would have rather stayed in too. This feels like the worst defeat I've ever had, and that's saying something, since I gained and lost nearly $250,000 in a single trade...

11/12

I might have diamond hands, but I also have responsibilities.

If you don't understand that, then I wish you luck in life, because you're in for some harsh lessons ahead of you.

Good luck to everyone in $BBIG. I'll miss the memes and the dad-jokes.

Pour one out for me. 12/12