Page 5 - Thread Wallstreetbets News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ballpark, it wasaround $30,000. - i started investinglast year with $40,000 and ended up putting itall in on gamestop. - 88,000 sharesat november 2020 at $13. i mean, you cando the math yourself. i think that was close tolike $1.1 million. so yeah, i was one ofthe first whales in gamestop. matt kelly:i post my yolo to wallstreetbets.man, did i get-- i mean, it was all like,you're a fucking idiot. the fuck is wrongwith you? [interposing voices] [music playing] man (on tv): --analysts in searchof asymmetric upside.

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. rep...

Life's just not fair.the world is a harsh place and the stock market was justthe purest form of yolo. [music playing] reporter: stocks up againthis morning, 12%. short sellerscontinue to get hurt by the thread wallstreetbets and other retail-- [interposing voices] reporter: all this whiningby wall street, it's making me sick. reporter: this is populismcoming for capitalism. gamestop. matt kelly: on surface,i can be pretty scattered. in the water, though,it's calming for me, because you're seeing out ofa little hole, right, and everything is quiet. you hear your bubbles.you hear breathing.

At this point, i had neverinvested anything, ever. - so i was spending every day just kind oflooking at numbers and seeing portfolioson the phone. and it's like,ok, so airbnb is, like, $176. under armour is $17. and i'm looking at thesethings and i'm like, well, what can istart investing in? matt kelly:i was on reddit looking atall these different things, and then i started comingacross wallstreetbets. [typing noise] - so i'm on reddit and it'slike r/wallstreetbets, like the slash. and i'm like, well,what's wallstreetbets? [music playing] man:dear viewer, do you money? do you like money?does y...

Do you haveinvestment accounts you don't 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 thi...