craziest david versatile i it upsets the start market has ever seen. diamond hands, the legend of wallstreetbets, is all about the reddit users who in early 2021, court dated to drive up the game stock to counter some of the most powerful financial institutions in america. take a look. the boomers think are lazy, we ve got fed up with the world. fed up with being told go to college, get a job, frankly let s just not realistic for our generation. it s the first time that some of the very small amount of money, can go get involved in the stock market. they understand if we gather together, and force the stop harder. who wins and loses when a short sellers social media and retail investors collide. it s a social construct, it s got bad because it has value, that s a. everyone wants to get their pieces there are choice of weapons game stop. do not miss that, that ll do
and juvenile. but it also has some very smart people in there. and they found a stop that they believed in. game stock. and they started investing in it. at first was just a value play, then it became a lot more. you talk about this support group. part of what you said in previous interviews is there was a deadly as if these folks had fallen down a rabbit hole, and it began to be more than just trying to make money off of gamestop, right? this actually had almost an exponential effect on society. and what they were trying to do. yeah. there were a couple. i think there were three faces of the gamestop story. there is that 2020 phase where they found a stop that they really believed to, but it was the middle of the pandemic, and there was all this extra free money around, and people had all this time, so they were doing deep research and really understanding the stock. and then there was the january 2021 twist. that is part two. where essentially, right after the capitol insurrectio
something we should panicr: over . i sure hope you re right. i really, really i sur do. doctor , thanks for joining us once again. i appreciate it. ou thank you . thank you . so not that long ago, something pretty amazing and prettyha telling happened on wall street. a big group of mostly anonymous users gathering on reddit undervalueduy stocks like game stock stocks that hedge funds had shorted. hedge funds were betting that they would decline. these guys hyped the price ofe the stocks. now that cost hedgeck. funds billions of dollars.. and when it did, they shut it all down. so it really told you a lot about how wall street works. it s a rigged game in which you the gawin. there s a new documentary on the gamestop phenomenon. one of the producers of it is called brk. koontz is really interestingrt smart guy. we talkk to him for tucker carlson today. here s part of it. so i watch as gamestop thing happened and again speaking
right. thank you for joining us once again, i appreciate it. thank you. tucker: thank you. not that long ago, something pretty amazing and pretty telling happened on wall street. a big group of mostly anonymous users gathering on reddit decided to buy undervalued stocks like game stock, stocks that hedge funds had shorted. these guys hyped the price of the stock. now that caused hedge funds billions of dollars. and when it did, they shut it all down. it tells you a lot about how wall street works. there is a new documentary on the game stop phenomenon. one of the producers is called bert koontz. really interesting and smart. here is part of it. i watch this game stop thing happen.