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Transcripts For MSNBC Diamond Hands The Legend of WallStreetBets 20240707

up with been told go to college, get a job make a living. frankly, that s just not realistic for a generation. it is really frustrating, the boomers think were lazy, you know the whole term pull up your boot straps and work hard, to get the same life they had? no, the world is very different these days the next pandemic in 2025 might wipe this all out anyway i have no time to wait for retirement you ve got to will it into existence life just not fair, the world is a hot place, and the stock market which is the purest form of yolo. short sellers continue to get hurt by wallstreetbets. it s making me sick. this is populism coming for capitalism through gamestop. on the surface i can be pretty scattered. in the water though it s coming for me. because you re seeing everything is quiet. you hear your bubbles, you hear breathing. and you just hear the water around you. i don t give a shit about risk. i was deployed to the middle east, we were doing anti-terrorism force p

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Transcripts for MSNBC Diamond Hands The Legend of WallStreetBets 20240604 04:01:00

Reporter:some breaking news some breaking news this morning this morningon this gamestop story. on this gamestop story. gabe plot can say that it is been out, close out of position. the numbers and what he s down is dramatic. so the question will become there, what is the future of that firm? unclear at this point. around 10:30 or 11:00 in the morning, it comes out that this big fund, melvin capital, is short the stock, and feeling the pain. they are taking massive losses. this really emboldens the wallstreetbets crowd. they just took down a hedge fund. once people did find out the melvin was probably one of the larger short parties, there is a lot of hate towards melvin capital, a lot of hate.

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