and they wereable to make money that way. - go to the mall today. walk into banana republic.walk into gap. reporter: what s yourprice target, by the way? - you could swing an umbrellaand not hit anyone. i don t think investors actually knowwhat they re buying. - whatever. peloton.[snorts] - is thatyour entire business? you are a short seller. that s all you do?you bet against something? - so i look to make moneyin the stock markets, you know, any which way i can.my specialty is short selling. next thing i know this yeari put myself pretty much in the middle of the wholegamestop phenomenon, unknowingly.so it is what it is. - andrew left of citron wanted to do a littleresearch video on gamestop. - hey, this is andrewleft at citron research, giving you five reasonswhy gamestop is going to $20. - and so i was very curiousto watch it. i wanted to learnhow i was wrong. i was always lookingfor information to prove my thesis wrongso that i could exit a trade. - numbers don t lie.people lie.
everyone on reddit is amarket genius. i hear it all the time. - he went through all ofhis talking points, which were kind of bullshit. - your first question you haveto ask yourself is, why is therehigh short interest? this is a failing mall-basedretailer. their current businessis just drowning. you cannot argue. - and i ve never seenany reaction like that. all of a sudden, we re buyinggamestop because andrew left posted this. - you can get mad.you can hack my account. you can go to twitter.you can sign on. you can call me everyname. if you want to savethe company, take your energy, go out there,and actually buy something from gamestop. - andrew leftof citron research. reactions, desk? - [humming wolf of wall street money chant] [music - wolf of wall street money chant]
- go to the mall today. walk into banana republic.walk into gap. reporter: what s yourprice target, by the way? - you could swing an umbrellaand not hit anyone. i don t think investors actually knowwhat they re buying. - whatever. peloton.[snorts] - is thatyour entire business? you are a short seller. that s all you do?you bet against something? - so i look to make moneyin the stock markets, you know, any which way i can.my specialty is short selling. next thing i know this yeari put myself pretty much in the middle of the wholegamestop phenomenon, unknowingly.so it is what it is. - andrew left of citron wanted to do a littleresearch video on gamestop. - hey, this is andrewleft at citron research, giving you five reasonswhy gamestop is going to $20. - and so i was very curiousto watch it. i wanted to learnhow i was wrong. i was always lookingfor information to prove my thesis wrongso that i could exit a trade. - numbers don t lie.people lie. i know, everyone on twitternever has a losin
i know, everyone on twitternever has a losing trade. everyone on reddit is amarket genius. i hear it all the time. - he went through all ofhis talking points, which were kind of bullshit. - your first question you haveto ask yourself is, why is therehigh short interest? this is a failing mall-basedretailer. their current businessis just drowning. you cannot argue. - and i ve never seenany reaction like that. all of a sudden, we re buyinggamestop because andrew left posted this. - you can get mad.you can hack my account. you can go to twitter.you can sign on. you can call me everyname. if you want to savethe company, take your energy, go out there,and actually buy something from gamestop. - andrew leftof citron research. reactions, desk? - [humming wolf of wall street money chant] [music - wolf of wall street money chant]
- go to the mall today. walk into banana republic.walk into gap. reporter: what s yourprice target, by the way? - you could swing an umbrellaand not hit anyone. i don t think investors actually knowwhat they re buying. - whatever. peloton.[snorts] - is thatyour entire business? you are a short seller. that s all you do?you bet against something? - so i look to make moneyin the stock markets, you know, any which way i can.my specialty is short selling. next thing i know this yeari put myself pretty much in the middle of the wholegamestop phenomenon, unknowingly.so it is what it is. - andrew left of citron wanted to do a littleresearch video on gamestop. - hey, this is andrewleft at citron research, giving you five reasonswhy gamestop is going to $20. - and so i was very curiousto watch it. i wanted to learnhow i was wrong. i was always lookingfor information to prove my thesis wrongso that i could exit a trade. - numbers don t lie.people lie.