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Transcripts For MSNBC Diamond Hands The Legend of WallStreetBets 20240707

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

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Transcripts For MSNBCW Diamond 20240702

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

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 03:55:00

monday morning rolls aroundand my friend, theo, he messaged me like,hey, man, i don t think gamestop isgoing to do anything more. i don t think anything sgoing to hire. i m just going to sell.i was like, don t sell, dude. you re an idiot.like don t sell. what the hell is wrongwith you? and he sold. literally, 10 minutes later,it starts going. reporter: stock for gamestopis up dramatically. reporter: it s been justswinging wildly. alvan chow:the week of the squeeze, i was describing itto my girlfriend as like i m in the nba finalsright now. i have to belike on all cylinders. like when i have to execute is probably the mostimportant week of my life. - i got my stimulus. [laughs] so i started throwingmy stimulus in it, and i m feeling cute,you know. then i mwatching the numbers and it just keeps,and i m like, huh. maybe this is something. reporter: gamestop is knownas the world s largest video game retailer. reporter:the stock is now at the center of a davidversus goliath story. shares ha

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 02:54:00

matt kelly:this is where stuff started to shift for me, right?i m not sleeping at all. i can t focuson anything else. i m compulsivelylooking at my phone. and i started buying intothe whole diamond hands thing. i think luck is whenpreparation meets opportunity, and this was an opportunity. monday morning rolls aroundand my friend, theo, he messaged me like,hey, man, i don t think gamestop isgoing to do anything more. i don t think anything sgoing to hire. i m just going to sell.i was like, don t sell, dude. you re an idiot.like don t sell. what the hell is wrongwith you? and he sold. literally, 10 minutes later,it starts going. reporter: stock for gamestopis up dramatically. reporter: it s been justswinging wildly. alvan chow:the week of the squeeze,

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 02:54:00

matt kelly:this is where stuff started to shift for me, right?i m not sleeping at all. i can t focuson anything else. i m compulsivelylooking at my phone. and i started buying intothe whole diamond hands thing. i think luck is whenpreparation meets opportunity, and this was an opportunity. monday morning rolls aroundand my friend, theo, he messaged me like,hey, man, i don t think gamestop isgoing to do anything more. i don t think anything sgoing to hire. i m just going to sell.i was like, don t sell, dude. you re an idiot.like don t sell. what the hell is wrongwith you? and he sold. literally, 10 minutes later,it starts going. reporter: stock for gamestopis up dramatically. reporter: it s been justswinging wildly. alvan chow:the week of the squeeze, i was describing itto my girlfriend as like i m in the nba finalsright now.

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