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MSNBC Diamond Hands The Legend of WallStreetBets July 7, 2024

who just got fed upwith the world, got fedup with being told go to college,get a job, make a living. you know,it is really frustrating. the boomers,they think we re lazy. you know the whole term, pull up your bootstrapsand work hard and you get the same lifethat they had? no. the world is very,very different these days. hell, the next pandemicin 2025 might wipe us all out anyways. i ain t got timeto wait for retirement. you got to will itinto existence. 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 ....

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MSNBCW Diamond July 2, 2024

what s the story to you? - [sighs] i think the story is abouta group of idiots, a very large group of idiots, who just got fed upwith the world, got fedup with being told go to college,get a job, make a living. frankly,that s just not realistic for our generation. you know,it is really frustrating. the boomers,they think we re lazy. you know the whole term, pull up your bootstrapsand work hard and you get the same lifethat they had? no. the world is very,very different these days. hell, the next pandemicin 2025 might wipe us all out anyways. i ain t got timeto wait for retirement. you got to will itinto existence. 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 fo ....

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MSNBC Diamond Hands The Legend of WallStreetBets June 4, 2024 04:42:00

Chris garcia: and then lookwhat s happening, right? you got roaring kitty out herewho s getting called in front of anoversight committee. hey, you did bad. you led a group of peopleto do this. keith gill: thank you,chairwoman waters, members of the committee. i m happy to discusswith the committee my purchases ofgamestop shares and my discussions of theirfair value on social media. i also believe the currentprice of the shares demonstrates that i ve beenright about the company. a few things i am not.i m not a cat. i am notan institutional investor. and i do notprovide personalized investment advice for feesor commissions. the idea that i use socialmedia to promote gamestop stock tounwitting investors and influencethe market is preposterous. i m just an individualwhose investment in gamestop and postson social media were based upon my ownresearch and analysis. i want to say that i supportretail investors right to invest in whatthey want when they want ....

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MSNBC Diamond Hands The Legend of WallStreetBets June 4, 2024 04:43:00

And to send amessage based on how they invest. as for what happenedin january, others will haveto explain it. it s alarminghow little we know about the inner workingsof the market. as for me, i like the stock. (distorted low voice)i like the stock. - keith gill, the legendthat he is, says he likes the stock. [roaring] the next day, sure enough, he fucking doubled downon his position. and i m like, jen.i m going back in. [music playing] (singing) 1, 2. 1, 2. 0, 2.1, open. 3. matt kelly:it was the end of february. i just told my jobi m leaving. we re goingand we re moving the texas. we re buyinga new house. and it shoots back up. so literally, the same day,like 20 minutes before ....

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MSNBC Diamond Hands The Legend of WallStreetBets June 4, 2024 04:41:00

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 our deposit requirements. andy barr:mr. tenev, i appreciate chris garcia:wall street s got it to where they have every card and they knowevery rule of the game to where we re going to bend and bend those ruleswithout breaking them. and the problemis what they do, us typical little guys will never be ableto do that stuff, right? maxine waters:mr. gill, you are now recognizedfor five minutes to pr ....

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