it s making me sick. reporter: this is populismcoming for capitalism. gamestop. matt kelly: on surface,i can be pretty scattered. in the water, though,it s calming for me, because you re seeing out ofa little hole, right, and everything is quiet. you hear your bubbles.you hear breathing. and you just hear the wateraround you, right? i don t give a shitabout risk. [laughs] [explosion] i was deployed tothe middle east. we were doing anti-terrorismforce protection, so looking forunderwater ieds, things like that.
matt kelly:i was on reddit looking atall these different things, and then i started comingacross wallstreetbets. [typing noise] - so i m on reddit and it slike r/wallstreetbets, like the slash. and i m like, well,what s wallstreetbets? [music playing] man:dear viewer, do you money? do you like money?does your money like money? does your money want to makesweet lovins with other money and have beautifulmoney babies? do you haveinvestment accounts you don t understand or pay attention to becauseyour meaningless desk job is all the excitementyou need? or are you atrader? [interposing voices] matt kelly:i loved the sentiment of wallstreetbets.i loved it.
matt kelly: my wife s like, we should just sell beforeclose of business on friday. we can always buy back inif it drops. the price is good right now.it s still in the $300s. we re still making outlike insane, more than we ever dreamed, more than we ever imagined. and i m like, no, fuck them.i m holding my shares. this is bullshit.they can t do this shit. they can t rig the game. they can t change the gamein the middle of it. like, are you kidding me?this is insane. i m stubborn, right? because now it triggeredthis other thing in me. it s not about money anymore. it s not just aboutthe money anymore. it s about therevolutionary part of it, the sticking it to the mantype of idea, right? this is about thetime when wall street starts postingall these billboards up in fucking new york,like gme go brrr, things like this. and i am diamond-handingthe fuck out of this. that s my mentality. [music playing]
i was describing itto my girlfriend as like i m in the nba finalsright now. i have to belike on all cylinders. like when i have to execute is probably the mostimportant week of my life. - i got my stimulus. [laughs] so i started throwingmy stimulus in it, and i m feeling cute,you know. then i mwatching the numbers and it just keeps,and i m like, huh. maybe this is something. reporter: gamestop is knownas the world s largest video game retailer. reporter:the stock is now at the center of a davidversus goliath story. shares have soared, driven by posts on thereddit forum wallstreetbets. matt kelly:my wife and i are drivingto meet our realtor, and gamestop is moving. reporter:there are potentially billions of dollars of investor dollarson the line here. matt kelly: we re supposed tobe looking at houses, and i m like,i can t look at i m staring at my phone.she s looking at she s like, oh this is nice. i m like staring.i m like, oh, that s great. this is a great house.let s just get this
i was like,these guys are fucking nuts. [music playing] man: in a small,exceptionally unhelpful, and irreverent cornerof the internet, therein lies a battalionof nihilistic meme lords who discuss their positionsand strategies, speculate and argueover the markets moving, and provide sage advice to the humble stock trader who just so happens to stumbleupon this fine community. (singing) wallstreetbets. - hello.i am the sir jackalot. i m here wearing a maskbecause i m a millionaire, and i would like to stayanonymous. matt kelly:i started telling my friends, i m like, dude,this is a crazy subreddit. i mean, guys are making money.they re also going broke.so if you like risk [laughs] - i saw all the people postinglike million dollar gains over the last year.i was like this sounds like my kind of place. chris garcia: you would seethe success stories of dudes who made a random call andthey came out with 100 grand. - nice. well, he s goingto get fucked on taxes.