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
reporter: thousands, if notmillions of them, decided to buy up that stockthat used to be cheap. reporter: [speaking spanish] stock expert:the media is talking about this wallstreetbets.the forum is exploding. everybody wantsto get a piece of this thing. cameron perri:the swings were insane. when it ran to the $150the first time, i watched my account runinto the multimillion period, and then watchedit just plummet. and you cancall it paper hands, but i sold a decent chunk. kirsten: i was alsolike kind of unsure, so i sold offabout half my shares. i remember, like,not sleeping that entire week. cameron perri:it was very, very hard to make decisionsat that point in time. stock expert: you could seethe risk in this name. the stock wentfrom $10 to $150. you know,then everyone thinks, well, it should go from $150 to $10,000, right?there is no limit. alvan chow: who knowshow high this could go? if it goes to $1,000or $2,000.
but i sold a decent chunk. kirsten: i was alsolike kind of unsure, so i sold offabout half my shares. i remember, like,not sleeping that entire week. cameron perri:it was very, very hard to make decisionsat that point in time. stock expert: you could seethe risk in this name. the stock wentfrom $10 to $150. you know,then everyone thinks, well, it should go from $150 to $10,000, right?there is no limit. alvan chow: who knowshow high this could go? if it goes to $1,000or $2,000. you don t want to overreactor try to steal a ball and risk a foulin the key moments. you want to beextremely disciplined. and everything that you weretrained to do so i was training myself to look for this momentof euphoria. and then rightbefore after-hours, elon tweeted gamestonk!!
man: once people realizedmelvin was losing money, that citron was losing money,this suddenly became a whole movement. man: we can change the biggesteconomy of the planet and break wall street. woman: the number ofthe community keeps growing. it s like 4 million people. the next day it s like5 million people. next day, 6 million people. and the news cyclestarts taking over. reporter: the online armyof average investors dealt a blow today in their fight againstthe wall street [interposing voices] reporter: thousands, if notmillions of them, decided to buy up that stockthat used to be cheap. reporter: [speaking spanish] stock expert:the media is talking about this wallstreetbets.the forum is exploding. everybody wantsto get a piece of this thing. cameron perri:the swings were insane. when it ran to the $150the first time, i watched my account runinto the multimillion period, and then watchedit just plummet. and you cancall it paper hands,