ballpark, it wasaround $30,000. - i started investinglast year with $40,000 and ended up putting itall in on gamestop. - 88,000 sharesat november 2020 at $13. i mean, you cando the math yourself. i think that was close tolike $1.1 million. so yeah, i was one ofthe first whales in gamestop. matt kelly:i post my yolo to wallstreetbets.man, did i get i mean, it was all like,you re a fucking idiot. the fuck is wrongwith you? [interposing voices] [music playing] man (on tv): analysts in searchof asymmetric upside.
[laughs]it s so true. mikeymillions:the ape is the unsophisticated investor.you can go to wallstreetbets, tell them thatyou re going to buy shares of a dying company, and you willreceive accolades. kirsten:at this point, i really still had not a single amountof technical analysis or able to doanything like that in the stock market. but i knew, you know,buy low, sell high. my name is kirsten,and i am stonk queen. woman: so i m learningall these different things, and it s like, buy amc.buy blackberry. buy bed, bath, & beyond. and it s popping. matt kelly: a lot of theseguys are investing in neo, and that wasthe first stock i bought, and it went up to, like, $50. andi m like, oh, shit. i just made a bunchof money on that. and then it went down. and then i was, like, sick. i was like, i don t knowwhat the fuck i m doing. i m an idiot.and then it went back up. i m like, oh,i m a genius. - [roars] sir jackalot: everywhere elseon the internet, people are tryingto be their best self.
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 have soared, driven by posts on thereddit forum wallstreetbets. matt kelly:my wife and i are drivingto meet our realtor, and gamestop is moving. reporter:there are potentially billions of dollars of investor dollarson the line here. matt kelly: we re supposed tobe looking at houses, and i m like,i can t look at i m staring at my phone.she s looking at she s like, oh this is nice. i m like staring.i m like, oh, that s great. this is a great house.let s just get this one. reporter: the company surgedas
but on wallstreetbets, we just acknowledge,like, we re just all idiots. [typing] stock expert:wallstreetbets came on our radar, and we first startedto talk about it with teslain the summer of 2020. wallstreetbets would makea meme or a joke about somethingthat was happening. papa elon on a rocketto the moon, and tesla s goingto $7,000 a share, right? and the stockwould start to go up as everyone jumped on board. that was the first real sign that the retail marketwas having impact in a stock.
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]