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
sir jackalot: and a coupleof months afterwards, it just starts tanking. i was like, oh, no.oh, no. what s this mean? what s this mean? man: we have closedalmost 800 stores worldwide since the beginning of 2019 - and it started tankingeven more. and i was like, oh, fuck. man: in an adjusted lossof $0.53 per share. sir jackalot:it crashed like i don t know 15% to 20% instantly. i was like, whoa, i just lostsome serious money. alvan chow: they didn t eventake a q&a session. george sherman,kind of a boomer. just read off his script. if they haddone anything, [laughs]i think it would be better. matt kelly:i m buying christmas presents and stuff for the kids. and i m kind ofgritting my teeth. and at the same time,i m having to instill confidencein my wife, that like this isgoing to work out. i m not going to sellfor a loss. stocks only goup, right? - that s where i gota little cold feet. got some paper hands. i sold my sharesprobably december, mid- december. 88,000 gamestopshares at $15.
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,
just read off his script. if they haddone anything, [laughs]i think it would be better. matt kelly:i m buying christmas presents and stuff for the kids. and i m kind ofgritting my teeth. and at the same time,i m having to instill confidencein my wife, that like this isgoing to work out. i m not going to sellfor a loss. stocks only goup, right? - that s where i gota little cold feet. got some paper hands. i sold my sharesprobably december, mid- december. 88,000 gamestopshares at $15. [whistling] yeah, i was off by a month. with technology that can scale across all your clouds. it s easier to do more innovative things. [whistling] for copd, ask your doctor about breztri.
if they haddone anything, [laughs]i think it would be better. matt kelly:i m buying christmas presents and stuff for the kids. and i m kind ofgritting my teeth. and at the same time,i m having to instill confidencein my wife, that like this isgoing to work out. i m not going to sellfor a loss. stocks only goup, right? - that s where i gota little cold feet. got some paper hands. i sold my sharesprobably december, mid- december. 88,000 gamestopshares at $15. yeah, i was off by a month. nothing like a weekend in the woods. it s a good choice all around, like screening for colon cancer.