- gamestop. - gamestop is a storeat a mall. it s between the claire sand the orange julius. kirsten: my parents hadcalled me and asked me if i was in gamestopand how this was affecting me. and i was like, yeah, i m making a shitton of money this week. that s what s happeningwith gamestop. i had made so much money, i told my dad,let s go to florida. - i m seeing $200,000,$300,000 in my roth ira, $300,000in my td ameritrade account. 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.
i know that if we gathertogether, there s a point here at whichwe can really push against hedge funds enoughto force them to cover. we can force the market. we can forcethis stock higher. - all these short sellersbuying back their position drives the stock higher and squeezing outall the short players from the market.that s a short squeeze. - you ve got to bereally greedy to keep shorting gamestop when it was at like $6a share or something. because that means if you reshorting at $6 a share, you re only profitingif it goes below $6. it was a post by jeffamazon, where he kind of laid outthe gamestop thesis. - i wrote this post called the greatest short burnof the century. my brother, who s an actor,is going to come and read it for me
about somethingthat was happening. papa elon on a rocketto the moon, and tesla s goingto $7,000 a share, right? and the stockwould start to go up as everyone jumped on board. that was the first real sign that the retail marketwas having impact in a stock. - well, thank youall very much. it s a very important day. i ll sign the single biggesteconomic relief package in american history, and i must say, or anyother package, by the way. stock expert:back in march of 2020, the market was crashing,and the amount of money that the federal reservecame with blew away anythingthat they had ever provided. they gave more money in 2020than they had in 2008 all the way up to 2020. they just floodedthe market with cash and support to everybody. [applause] reporter: the latest roundof stimulus checks already starting to show upin bank accounts. reporter: the stimulus checksare coming. so the question now is, what sthe best thing to do with it?
what was so scary to me, thebulk of the people that are participating in thisrevolution aren t investors. they re along for the ride and they relistening to their friend. in all likelihood,it will end ugly. matt kelly:i talked with my wife about like there s a reallystrong feeling that this can goto $1,000 a share. this whole thing, we can go to $1,000 a share 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]
and whati think it s worth is way more than what they wantto pay for it. so i m holding fora million dollars a share. i m holding for the moass,the squeeze. nobody knowswhat it can go to. this has neverhappened before, and it probably will neverhappen again. it could come now. it could come infive years from now. it s turned into along-term investment for me. [explosion] i m hoping this is the biggesttransfer of wealth that s ever happenedin history. (singing) 1, 2. i m still holding.[laughs] and then from there,it ran up to $180. it went up to $350.back down to $100. back, you know, because of thefuckery that s happening and the manipulationthat s happening. it s not followingany tradition. so in the lastthree months, i ve just been doing research, learning abouthow the market works,