Keep in mind the MMs IMO drove the price way up in after hours trading the night before his livestream to IMO create the perception that the stock was crashing the next day in order to humiliate him during his big return. It all happened very quickly, and I doubt even he anticipated any of it. That 500m value was really for just a brief moment in time.
That said, I just finished watching one of his full livestreams from 3 years ago and, despite the events of the 6th, this guy is extremely intelligent.. and he was far more advanced three years ago than his portrayal in the movie. I doubt he doesn't have a real reason for what he's doing beyond just flipping for profit. Just my opinion anyway.
Actually it's kind of fun to watch one of his old videos and then check to see where some of the stocks he was analyzing ended up in 2024.
All IMO only.