Even if you so, which would take incredible mismanagement, assuming you sold all the bitcoins at a conservative average rate of $100, that leaves $110,989.66 unaccounted for.
The price went up from 100 too 1000 in more than two month. If he sold all 1700 BTC at once for $100 he sent all those money right away to bitstamp. According to Jerrod it takes about a week to get money to the exchange. During one week the price went up maybe 20%, so he must have bought back 80% of 1700BTC.
If you repeat this process during increase many many times you lose eventually almost everything. But that would be the most idiotic thing to do. Anyone with any sense would stop after one losing round. Jerrod is telling us he is that idiotic. It's a strategy to play dumb so we let it be.
What Jerrod tells us is the same thing as if you would rent a car to a guy and he would drive taxi and pay you dividends. The cars would be yours. But the guy would sell your car for 10% of original price and pays you the dividends from these money for a couple of month. When taxi business goes really bad you want to take your car back but the guy tells you he sold it and paid what he got saying it was dividends. So you lost everything, no car, no money, only a bit dividends.
Can Jerrod tell us where we told him to sell all the circulating inventory for really cheap price?