Page 3 - Breaking Stuff News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Crazy.i was telling my friends who've been investedin a long time. like look, this is--i can barely explain it. i sound like i'm some qanoninsane person. i'm like, yeah,there's this guy, ryan cohen, who's like doing thisand that. and the shorting, i don't evenknow if that means, but that's what is happening.and they're like, dude, you know. i go to my wife and i'm like, hey, i really think this couldgo up to like 50 bucks or so. it's at like $13 now. i thinkthat's like a given. i think that will happenfor sure. i mean, maybe even $100.that would be insane. i think i'm just going to put a halfo...

It starts going up from-- it starts going $40, $50,$60, $70. it goes up to like $180that day. i'm sitting therewatching the ticker, and i'm like,i need to do this now. i need tosell out, because i was in other stuff.and i was like, i need to sell for a lossand get back in right now. and ifucking do it. and i'm holding 2,000 sharesagain of gamestop. i'm not selling it for lessthan what i think it's worth, and whati think it's worth is way more than what they wantto pay for it. so i'm holding fora million dollars a share. i'm holding for the moass,the squeeze. nobody knowswhat it can go to. this...

And that is very troubling. - they had to sacrificesomebody in order to resolve this, and they sacrificed the peoplethat wanted to diamond hands their gamestop. and a lot of peoplelost a lot of money. andy barr:so if anyone has a problem with your decisionto halt trades, it's fair to say thattheir frustration should be directed towardfederal regulation. vlad tenev:congressman, you know, i'm not trying to throwanyone under the bus in direct frustrationanywhere. all i cansay is robinhood's security played this by the booksand played it basically the only waythat we could remain in compliancewith...

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. chris garcia: once we startedlosing money, dude, the margin calls werecoming in almost daily. and for a while,it was daily. it was like, hey, you owe us,like, $2,000. like, you need to clearthis up now. shit. l...

Reporter:citron and andrew left, those guys thinkit's going to $20. - pretty obvious whatthe price target is right now, right? i mean, it's almost certainlygoing to $420.69, right? [laughs] kidding. am i? [music playing] 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.