“Suddenly, I heard ‘ding, ding, ding, ding, ding’,” said Carr, 31, referring to stock alerts, in an interview on Friday. “I took my phone and I was looking at it and it said $ 351. I was shocked: ‘I bought this thing for $ 6’, I thought, ‘there is no way this is going to be right'”.
Mrs. Carr, a nutritionist, quickly took her son out of virtual learning and asked what he wanted to do. “I was trying to explain to him that this was unusual,” she told mySanAntonio.com, a segment of the San Antonio Express-News. “I asked him, ‘Do you want to stay or sell?'”
Jaydyn decided to sell his shares, earning $ 3,200 – a return of more than 5,000 percent on an investment of about $ 60.
“I felt shocked and excited at the same time,” he said in a telephone interview on Friday.
He said he decided to save $ 2,200 and invest the remaining $ 1,000, probably in shares of Roblox, a universe of multiplayer games popular with young children, if and when the platform goes public.
“Long-term investment is important because that’s how I got that money,” said Jaydyn.
The increase sparked Jaydyn’s interest in amateur day trading. “He is definitely ready to enter the market with full force,” said his mother.