who just got fed upwith the world, got fedup with being told go to college,get a job, make a living. you know,it is really frustrating. the boomers,they think we re lazy. you know the whole term, pull up your bootstrapsand work hard and you get the same lifethat they had? no. the world is very,very different these days. hell, the next pandemicin 2025 might wipe us all out anyways. i ain t got timeto wait for retirement. you got to will itinto existence. life s just not fair.the world is a harsh place and the stock market was justthe purest form of yolo. [music playing] reporter: stocks up againthis morning, 12%. short sellerscontinue to get hurt by the thread wallstreetbets and other retail [interposing voices] reporter: all this whiningby wall street, 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
what s the story to you? - [sighs] i think the story is abouta group of idiots, a very large group of idiots, who just got fed upwith the world, got fedup with being told go to college,get a job, make a living. frankly,that s just not realistic for our generation. you know,it is really frustrating. the boomers,they think we re lazy. you know the whole term, pull up your bootstrapsand work hard and you get the same lifethat they had? no. the world is very,very different these days. hell, the next pandemicin 2025 might wipe us all out anyways. i ain t got timeto wait for retirement. you got to will itinto existence. life s just not fair.the world is a harsh place and the stock market was justthe purest form of yolo. [music playing] reporter: stocks up againthis morning, 12%. short sellerscontinue to get hurt by the thread wallstreetbets and other retail [interposing voices] reporter: all this whiningby wall street, it s making me sick. reporter: this is populismcoming for capi
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. i don t knowwhat the fuck i m doing. like why? a million dollarsis a million dollars. like what is wrong with me? reporter:after surging yesterday, the stock dropped 44%. - then it immediatelypops back up. reporter: it hit an intradayhigh of $469. - but the next thing you know,it s tumbling down. you couldn t stop itfast enough. you re watching it and it s bylike the minute. you re like, oh, my dude. i was like, oh. reporter: the stock droppeda whopping 44%. - it was soincredibly stressful. reporter: janet yellen,treasury secretary.
like ok, we re taking this money and buying cryptoand buying you i started investingin wine and stuff. [laughs] - you know, you re messingwith your boys. hey, man, what color ferrariswe getting? like da, da, da.because i m like,i m not selling this. i m like, i want$15,000 a share. - surprise. [laughs] gamestop s up about 5x from when i uploadedthose videos over the summer, so that sgreat to see. when you have a thesisand, by and large, it unfolds as you hopedthat it could, that s nice. so it shouldn t be taken for granted.it doesn t always happen. so just to clear upsome potential misconceptions, this was a true yolo for me. when i was buildingthis position last year, we had nowhereclose to a million dollars. i certainly do notdrive a lambo. we rent this housethat you see. so it s been a wild ridefor us as a family. and it has been just so muchfun to experience
and we d havelike over $2 million. $1 million doesn t seemenough for me anymore, right? the psychological impactthat this amount of money has, you see moneyin a different way. so i hold. i set my limit sellon all my accounts to $800. wednesday nightis the first night i went to sleep inlike fucking weeks. i don t think much is going to happenon thursday. fucking i was wrong. [music playing] woman: so i m at the gym,naturally all my stories. and this is beforethe 9:30 market opens. this is a thursday. and my portfolio is set. it s cute.so i m looking at it, and every single numberis popping, popping, popping. and isee gamestop hit i think it was like $467,$497, something like that. i m going in there. i m like, oh, maybe i llbuy one more amc.