played this by the booksand played it basically the only waythat we could remain in compliancewith our deposit requirements. andy barr:mr. tenev, i appreciate chris garcia:wall street s got it to where they have every card and they knowevery rule of the game to where we re going to bend and bend those ruleswithout breaking them. and the problemis what they do, us typical little guys will never be ableto do that stuff, right? maxine waters:mr. gill, you are now recognizedfor five minutes to presentyour oral testimony. 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 co
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 cult, right?that s what i felt in my head. all this stuff, i felt likei got this cult mentality. it s like you ve gotto be careful about confirmation bias.you ve got to be carefulabout these things. and i had beenpreaching that for years. i m like, how did this happen to me?that s what i felt in my head. i felt likei had been lied to. i felt like i bought intosomething that wasn t true.
played this by the booksand played it basically the only waythat we could remain in compliancewith our deposit requirements. andy barr:mr. tenev, i appreciate chris garcia:wall street s got it to where they have every card and they knowevery rule of the game to where we re going to bend and bend those ruleswithout breaking them. and the problemis what they do, us typical little guys will never be ableto do that stuff, right? maxine waters:mr. gill, you are now recognizedfor five minutes to presentyour oral testimony. 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 co
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. and unfortunately, you know,it was one of those situations that whenthe stock went down, it kind of stayed down, right? and literally,it was getting so caught up in it and then getting so stuck inthat diamond hands mentality, like don t sell anything.and that s really what was essentially almostlike the beginning of the end, i guess you could say -
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 cult, right?that s what i felt in my head. all this stuff, i felt likei got this cult mentality. it s like you ve gotto be careful about confirmation bias.you ve got to be carefulabout these things. and i had beenpreaching that for years. i m like, how did this happen to me?that s what i felt in my head. i felt likei had been lied to. i felt like i bought intosomething that wasn t true.