"Suicidal" Trader Loses Everything, Launches Online Begging Site
Back in November, when Martin Shkreli had just unleashed his ill-fated manipulation of Kalobios stock, one trader got crushed. As we reported then, one "E-trader", Joe Campbell, decided to go $35,000 short KBIO the night before the massive ramp in the stock following the Shkreli press release and ended up owing ETFC "a wonderful $106K" margin call.
His response was to launch a GoFundMe website opening up his plight to generous online donors. Surprisingly, many appeared on short notice, providing several thousand in online donations to help him fill his margin hole.