Posted on 12/14/2014 1:14:21 PM PST by SMGFan
He’s the teen wolf of Wall Street.
A kid from Queens has made tens of millions of dollars — by trading stocks on his lunch breaks at Stuyvesant High School, New York magazine reports in its Monday issue.
Mohammed Islam is only 17 and still months away from graduating — but worth a rumored $72 million. “The high eight figures,” is as specific as the shy and modest teen would get when asked his net worth.
(Excerpt) Read more at nypost.com ...
Yeah and he probably started with his own cash.
Wow. Capitalism rocks.
Wow ping.
Mohammed Islam? I smell a rat.
By the pictures, the kid doesn't appear to be a devout muzzie. Let's hope not. His sort of money can buy a whole lotta jihad.
That's only where he started. Apparently, he's into much bigger trading games now.
Looks like he’s never missed a Lunch
How?
ISIS would love to break heads, I mean bread with him. They have several openings in portfolio management. Why, it would be downright ‘UnIslamic’ for Mo to continue ignoring their calls, tweets and texts. Stay strong, Mo, stay American.
“How?”
Buy low, sell high, I suppose.
But seriously - I know that this is stupid, but I had always found stock trading to be a lot like gambling and horse racing, vaguely immoral. I suppose, you are using your knowledge and skills to make money, but it somehow seems unproductive. Now that I am older, though...
How do you become a millionaire in the stock market? Start out a mulch-millionaire.
“...by trading stocks on his lunch breaks”
After rejecting the Moochelle blue plate special?
Early in her career, Hillary was allowed to order 10 Cattle Futures Contracts, normally a $12,000.00 investment in her first commodity trade back in 1978, although she only had $1000. in her account at the time.
Records show that over 10 months, she turned her investment into nearly $100,000.00 relying heavily on advice from her friend James B. Blair, an experienced futures trader.
Many consider this record of transactions and others, as evidence of Hillary doing purchases based on Insider Trading, which was illegal at the time, and may still be illegal.
He obviously won’t have to wait until after death to get his 72 virgins.
If his school has a Christian youth group, they should befriend him and try to convert him. (”They shall know us by our love.”)
“Many consider this record of transactions and others, as evidence of Hillary doing purchases based on Insider Trading, which was illegal at the time, and may still be illegal.”
She has MUCH better ways of money-laundering now (effectively, by getting “good advice”, probably not any different from betting on a “lock” fixed race at the track), for example, by giving speeches. Zero risk, very little work, and completely legal.
This smells to me.
I am sure since he is of a protected religion the SEC will not investigate.
Thank You OBAMA!
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