reporter: markets just openedand the gamestop surge appears to be over,with the stock now down 60%, well, as ofyesterday. but it is morethan just numbers. it is people s lives,their savings, their 401(k)s. matt kelly: it drops to about100 bucks on tuesday evening. oh, jesus. i start to get sickto my stomach and i start to kind of panic.i m having a panic attack. i was like, we need to getout of this. this is fucking insane.we re losing all our money. like, what is going on?so wednesday morning, it sold. february 3rd, i think. i sold all my sharesat 120 bucks a share. i watched a million dollarsgo down the drain, a million dollars, and that swhat s going through my head, a million dollars. this is my family s future.this is my future. this is time with my kids that i could have boughtback.
reporter: markets just openedand the gamestop surge appears to be over,with the stock now down 60%, well, as ofyesterday. but it is morethan just numbers. it is people s lives,their savings, their 401(k)s. matt kelly: it drops to about100 bucks on tuesday evening. oh, jesus. i start to get sickto my stomach and i start to kind of panic.i m having a panic attack. i was like, we need to getout of this. this is fucking insane.we re losing all our money. like, what is going on?so wednesday morning, it sold. february 3rd, i think. i sold all my sharesat 120 bucks a share. i watched a million dollarsgo down the drain, a million dollars, and that swhat s going through my head, a million dollars. this is my family s future.this is my future. this is time with my kids that i could have boughtback.
you need to take profits. reporter:robinhood and other online brokerages blocked usersfrom buying shares of gamestop and other shortedstocks. - that morning, i woke up tolike minus $10,000 or $15,000. and i was like, yeah, this isthe toughest hit i ve ever had. reporter: these sitessuddenly allowed users only to sell their positions,not to get new ones. reporter:robinhood put out a statement, quote, in lightof recent volatility, we are restrictingtransactions for certain securitiesto position closing only, which meansyou can only sell it. - if you can only sell stocks, then those stocksonly go down. matt kelly: i go to work.and i m standing there. i m givinga presentation, right? i m on a zoom meetingwith 100 people. and the price drops to about120 bucks a share. i m like in the middleof a word. and i look downand i see that and i just went i just freeze. i stopped.i m sick to my stomach.
reporter: markets just openedand the gamestop surge appears to be over,with the stock now down 60%, well, as ofyesterday. but it is morethan just numbers. it is people s lives,their savings, their 401(k)s. matt kelly: it drops to about100 bucks on tuesday evening. oh, jesus. i start to get sickto my stomach and i start to kind of panic.i m having a panic attack. i was like, we need to getout of this. this is fucking insane.we re losing all our money. like, what is going on?so wednesday morning, it sold. february 3rd, i think. i sold all my sharesat 120 bucks a share. i watched a million dollarsgo down the drain, a million dollars, and that swhat s going through my head, a million dollars. this is my family s future.this is my future. this is time with my kids that i could have boughtback.
you need to take profits. reporter:robinhood and other online brokerages blocked usersfrom buying shares of gamestop and other shortedstocks. - that morning, i woke up tolike minus $10,000 or $15,000. and i was like, yeah, this isthe toughest hit i ve ever had. reporter: these sitessuddenly allowed users only to sell their positions,not to get new ones. reporter:robinhood put out a statement, quote, in lightof recent volatility, we are restrictingtransactions for certain securitiesto position closing only, which meansyou can only sell it. - if you can only sell stocks, then those stocksonly go down. matt kelly: i go to work.and i m standing there. i m givinga presentation, right? i m on a zoom meetingwith 100 people. and the price drops to about120 bucks a share. i m like in the middleof a word. and i look downand i see that and i just went i just freeze. i stopped.i m sick to my stomach.