Loading...
Reddit's "GUH" guy, ControlTheNarrative on r/WallStreetBets, lost money trading Apple (AAPL) put options. In October 2019, he exploited an "infinite leverage" glitch on Robinhood, turning a $2,000 deposit into a $50,000 leveraged position by repeatedly buying and selling options. He bet on a stock drop, but positive earnings reports drove the price up. As his balance plummeted to roughly -$48,000, he recorded his guttural "GUH" reaction. The video went viral on r/WallStreetBets, turning "GUH" into a meme for catastrophic financial loss.