PANews丨APP全面升级|7月 01, 2026 05:46
ByteDance stock trading legend makes 30 million and quits: Bought a hard drive on Pinduoduo, discovered a 6x stock
Leto Bao, the protagonist of ByteDance's $30 million stock trading success story, shared how he stumbled upon a 6x stock while buying a Seagate high-capacity hard drive on Pinduoduo. He noticed the same model kept increasing in price over a week—only going up, never down.
Instead of stopping at the thought, "It's getting more expensive," he dug deeper into the signal: AI data centers were massively purchasing nearline HDDs → supply was squeezed, impacting retail prices → checked financial reports to confirm fundamentals → used 13F filings to verify institutional holding trends, which showed consistent growth over several quarters. He ultimately went heavy on STX, achieving a 6x return in just over a year.
He summarized his logic into four steps:
→ Spot unusual patterns in daily life
→ Track price trends to confirm momentum
→ Identify beneficiaries in the supply chain
→ Use 13F filings to validate institutional sentiment.
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