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Diamond Hands The Legend of WallStreetBets

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 much as 145% today. reporter: but this increasewill not last. - it's just lunacy. [cheering] chris garcia:this is the week, right, where i'm high and mighty.i feel great. i'm making what's literallyalmost a year's worth of salary in a month. everybody is, at this point,just sell, chris. you got $23,000.you have $24,000 in there. but what if? what if the charts are right,this $24,000 turns into $60,000, $70,000,$80,000, $90,000.

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Diamond Hands The Legend of WallStreetBets

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 much as 145% today.

Life , Cylinders , Stimulus , Nba-finalsright , Wasthe , Cure-it , Reporter , Something , Numbers , Video-game-retailer , Center , Davidversus-goliath-story

Diamond Hands The Legend of WallStreetBets

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 much as 145% today.

It- , Life , Cylinders , Stimulus , Nba-finalsright , Wasthe , Reporter , Something , Numbers , Video-game-retailer , Center , Gamestop-is-knownas-the-world

Diamond Hands The Legend of WallStreetBets

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. 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.

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Diamond Hands The Legend of WallStreetBets

the stocks are going to go up. they're also going to go down. the important thingis just hold on. sir jackalot:i got the memes. i'm, like,put in rocket emojis when you thinkyou're going to be rich. ape alone, weak. apetogether, strong. [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.

Jackalot , Stocks , Ape , Memes , Thingis , Rocket-emojis , Let-s-talk-aboutanother-company , Shares , Forum-wallstreetbets , Accolades , Unsophisticated-investor- , Mikeymillions

Diamond Hands The Legend of WallStreetBets

couldn't said it better myself. you just did. unbeatable internet from xfinity. made to do anything so you can do anything. whoa. this? this is supersonic wifi from xfinity. it's fast. like, ready-for- major-gig-speeds fast. like riding-a-cheetah fast. isn't that right, girl? whoa! it can connect hundreds of devices at once. [ in unison ] that's powerful. couldn't have said it better myself. and with three times the bandwidth, the gaming never has to end. slaying is our business. and business is good. unbeatable internet from xfinity. made to do anything so you can do anything. [digital sounds] director:all right, sir jackalot, if you are making a film about if you were making a filmabout wallstreetbets,

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Diamond Hands The Legend of WallStreetBets

wallstreetbets, what's the story to you? marie >> i think the story is about a group of idiots. a very large group of idiots. who just got fed up with the world. got fed up with being told go to college, get a job, make a living. frankly, that's not just realistic for our generation. it is really frustrating, the rumors. i think we're lazy. you know the term, pull up your boot straps and work hard? you get the same life as they had? no! the world is very, very different he stays. next pandemic in 2025 my wipe

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Diamond Hands The Legend of WallStreetBets

open a referee. put the remainder of hidden event guard. total market fund. at this point, i had never invested anything ever. >> i was spending every day, just kind of looking at numbers and seeing portfolios on the phone. okay, so airbnb is that 176. under armor is $17. i'm looking at these things and where can i start investing? >> i was on reddit looking at all these different things. i start coming across wallstreetbets. >> >> >> man:dear viewer, do you money? do you like money?does your money like money? does your money want to makesweet lovins with other money and have beautifulmoney babies? do you haveinvestment accounts you don't

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Diamond Hands The Legend of WallStreetBets

and then rightbefore after-hours, elon tweeted "gamestonk!!" reporter:the leader of this revolution? many of these small guysare pointing to elon musk. man: the god, the king,the meme master himself, elon musk has tweeted aboutgamestop and wallstreetbets. we are on his map. [launch sounds] man: if you happento be on social media and you have a great reach,is that not power? is that not influence?

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Diamond Hands The Legend of WallStreetBets

understand or pay attention to becauseyour meaningless desk job is all the excitementyou need? or are you atrader? [interposing voices] matt kelly:i loved the sentiment of wallstreetbets.i loved it. i was like,these guys are fucking nuts. [music playing] man: in a small,exceptionally unhelpful, and irreverent cornerof the internet, therein lies a battalionof nihilistic meme lords who discuss their positionsand strategies, speculate and argueover the markets moving, and provide sage advice to the humble stock trader who just so happens to stumbleupon this fine community. (singing) wallstreetbets. - hello.i am the sir jackalot. i'm here wearing a maskbecause i'm a millionaire, and i would like to stayanonymous. matt kelly:i started telling my friends, i'm like, dude,this is a crazy subreddit. i mean, guys are making money.they're also

Interposing-voices , Desk-job , Attention , Excitementyou , Man , Music-playing , Sentiment , Guys , 401-k-s-matt-kelly , Forum-wallstreetbets , In-a-small , Nuts