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
[music playing] matt kelly:it was a tuesday. and i m just watchingthe price, and it s kind of justslowly trickling downwards. i m holding, but i m startingto feel nervous. i m starting to feelthis anxiety. i m reading wallstreetbetsreligiously. i m seeingall of these posts about, like, it s going to crash,you know, all of these things. and so it s gettingin my head. the psychology is really fucking with me. that s wherewallstreetbets is at. so the sentiment has changed. now there s 8 millionpeople on there, and all this shit s happening.and i m like, all right,is that the sentiment now? is our people just thinkingthat this is done? it s over? i felt like i fell into a
chris garcia: and then lookwhat s happening, right? you got roaring kitty out herewho s getting called in front of anoversight committee. hey, you did bad. you led a group of peopleto do this. keith gill: thank you,chairwoman waters, members of the committee. i m happy to discusswith the committee my purchases ofgamestop shares and my discussions of theirfair value on social media. i also believe the currentprice of the shares demonstrates that i ve beenright about the company. a few things i am not.i m not a cat. i am notan institutional investor. and i do notprovide personalized investment advice for feesor commissions. the idea that i use socialmedia to promote gamestop stock tounwitting investors and influencethe market is preposterous. i m just an individualwhose investment in gamestop and postson social media were based upon my ownresearch and analysis. i want to say that i supportretail investors right to invest in whatthey want when they want
it s not just aboutthe money anymore. it s about therevolutionary part of it, the sticking it to the mantype of idea, right? this is about thetime when wall street starts postingall these billboards up in fucking new york,like gme go brrr, things like this. and i am diamond-handingthe fuck out of this. that s my mentality. [music playing] the writing was on the wallthat the rich and powerful will do whatever they couldto prevent this from happening.i m not taking less than $450. kirsten:so i wasn t taking any losses. i was going to hold any stockfor as long as i could. chris garcia:we re not going anywhere, you know what i m saying?we re not going. matt kelly:7, 8 million more people were joining the subreddit. psychologically,i m jacked to the tits. chris garcia:millions of people in that thread, man,we were diamond hands.