In brief
- Dimitri “Capybara Stocks” Semenikhin has emerged as the leader of the Beyond Meat meme stock movement, akin to Roaring Kitty during the GameStop craze.
- Semenikhin is a 28-year-old Russian man living in Dubai and working for his family real estate development company.
- He started posting on Reddit under the Capybara Stocks pseudonym as a trading exercise, and said the attention around his BYND bet has become overwhelming.
Capybara Stocks started posting his stock picks on Reddit as an exercise to understand his own trading methods—and create a way for others to tell him that he’s wrong.
Now, a lot more people think he’s got the right idea. Last week, the trader posted about his $3 million gamble on Beyond Meat, the stock went flying, and suddenly, random people on the internet started to look at him as a thought leader.
Beyond Meat’s surge and Capybara Stocks’ role are very reminiscent of 2021’s
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Author: Ryan Gladwin
