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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 02:23:00

- i actually went on oneof roaring kitty s streams and just started doinga lot more research. and then ryan cohen announced his stake of 9%. ryan cohen isthe founder of chewy. it s the only companythat went head to head with amazonand just ate their lunch. - this dude knows his shitin the e-commerce world. he does kind of seem likehe s forward-thinking. alvan chow:after that, i was just in fullinformation-gathering mode. keith gill:hey, jeffamazon. welcome back, jeff.welcome back. alvan chow:we were just getting to really know the company. - there s so muchnegative commentary. i just thinkthat this sentiment is so negativethat it s overdone. that s what i m trying to get at in this section. matt kelly:i saw a post from michael burry.i knew who michael burry was. i ve seen the big short. there was an article about him investingin gamestop. i can see whypeople think gamestop is going to goout of business. like it makes sense that they re goingout of business, but they seemto be making s ....

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 02:26:00

- what s up, gamblers?jeffamazon here. feel bad about missingthe gain train on tesla? fear not. somethingmuch greater, and stupider, is here.you know citadel, the market makerthat took all our money today? now we finally won t be at the mercyof the market makers. instead, we re going totemporarily join forces with the galactic empireand hijack the death star. our choice ofweapon, gamestop. gamestop. three big thingswill cause this ryan cohen,retail option buying, and marketmakers like citadel. it looks like this. retail robinhooders buya ton of call options. this will force market makersto buy shares, increasing the priceeven more. retail investors buyeven more options, again, forcing the market makersto purchase more shares, ....

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 02:25:00

We can force the market. we can forcethis stock higher. - all these short sellersbuying back their position drives the stock higher and squeezing outall the short players from the market.that s a short squeeze. - you ve got to bereally greedy to keep shorting gamestop when it was at like $6a share or something. because that means if you reshorting at $6 a share, you re only profitingif it goes below $6. it was a post by jeffamazon, where he kind of laid outthe gamestop thesis. - i wrote this post called the greatest short burnof the century. my brother, who s an actor,is going to come and read it for me because it s too cringyfor me to do it myself. ....

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 05:19:00

Yes on h. recall chesa boudin now. director: scoot over 1 inchto your right, alvan? there you go. and just real quick,tell me what is jeffamazon? what isthat name? how did you come up with it? - yeah. jeffamazon was reallyan experiment, for me, to figure out if i couldcreate an online persona that was sogood at trading that it would be interviewedin a documentary. and it turned out to be true. [laughs] there are alwaysmany different forces in the stock market. so i guess if you couldimagine a boat in the ocean, ....

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 05:25:00

Because that means if you reshorting at $6 a share, you re only profitingif it goes below $6. it was a post by jeffamazon, where he kind of laid outthe gamestop thesis. - i wrote this post called the greatest short burnof the century. my brother, who s an actor,is going to come and read it for me because it s too cringyfor me to do it myself. - what s up, gamblers?jeffamazon here. feel bad about missingthe gain train on tesla? fear not. somethingmuch greater, and stupider, is here.you know citadel, the market makerthat took all our money today? now we finally won t be at the mercyof the market makers. ....

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