GameStop Mania: How Reddit Traders Took On Wall Street

GameStop has captivated Wall Street’s attention. The stock’s rise has been otherworldly. But the obsession isn’t just with the rally, it’s with who’s making money off of it. Legions of individual investors -- regular, everyday people -- gathered on social platforms like Reddit and decided to send GameStop stock, as they would say, to the moon. This week, GameStop shares soared 400%, a hedge fund had to get bailed out, and online trading platforms had to restricting trading on GameStop and other hot stocks. Here’s how the GameStop saga played out, and what’s next as lawmakers turn their sights on the story that took over Wall Street this week.
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: cnb.cx/2NLi9AN
#CNBC
GameStop Mania: How Reddit Traders Took On Wall Street

[@erik2811]

Imagine being beaten in your own game by people calling it Stonks.

[@extratune3887]

Stonks.

[@lecookie007]

Damn right!

[@yosnas1]

with rocket emojis

[@cherrabenoussama3509]

Stonks

[@aducaale328]

Stonks 😂😂

[@nj42396]

Where was this concern from Wall Street when the house bubble was rising? Oh that’s right, they were making money off that so they didn’t care. But now that it’s hurting THEIR bottom line, now suddenly they care about “market manipulation”? Please, give me a break! If you’re gonna regulate stock trading. Either regulate it for both hedge funds and daytraders, or don’t. That’s the bottom line.

[@meikvincenco1584]

A bubble, including the housing bubble, is very difficult to identify as it is happening. Just because we now know what went on does not mean anybody at the time did. I do not see how Wall Street is hurting here.

[@3020311]

100% agree . Either both sides have to play by the same rules or don't have rules.

[@marttimano]

@@meikvincenco1584 it was quite clear what was happening then, at least here in Florida, a house price going up in a matter of weeks. Houses being sold in 3 or 4 days, etc., etc.

[@meikvincenco1584]

@@marttimano That was when it started to go visivly wrong. But the bubble started building before then. It was government regulation setting things in motion. The banks did not know what to make of the new framework since there was no data on it.

[@user-li3iw2sr3s]

Agree. It should be fair. It's never been fair, though.

[@altan7828]

The old man at the end said this will end in tears. The only tears are the tears of rich mfs

[@ericthered8114]

Exactly 😂😂😂

[@gypsywoman9140]

Wealthy mfs. We broke folk have riches money can't buy like real friends. Nobody's using us broke mfs for money.

[@altan7828]

@-Can Ameri- he said this will end in tears.

[@COLMECTIGAMINGANDMORE]

turns out the little people actually lost more, hedge funds just made more money somehow

[@omarimack194]

So once the average person learns the game, the rules change.....sounds like America to me. 🤦🏿‍♂️

[@marcus531000]

Not if you don’t sell

[@welliminitnowso]

100%

[@davidwang1637]

I believe it's not exclusive to America, people are the same, same thing different backgrounds.

[@disgruntledwookie369]

They haven't learned anything lmao. This is not how the stock market works, these gamestop idiots are all on borrowed time.

[@disgruntledwookie369]

They have to introduce new legislation or the stock market will collapse, some of you people really need a lesson in economics. The health of the stock market affects everyone from the richest to the poorest. If you think breaking the system is going to help even a single person, you're dense.

[@samsfk4877]

Stop lying, Melvin Capitol is not out of their short position. The stock is still about 120% shorted. It is litteraly impossible for them to be out. This is all public info btw you should get sued for these lies.

[@1234abcd12344]

It's NBC what do you expect. Biggest snakes.

[@CGallProductions]

"Who's manipulating the stock?" Rank hypocrisy.

[@hamzasalman6391]

Absolutely bonkers how they can say whatever in the interest of the 1%

[@dru4670]

@@hamzasalman6391 they are even out of touch with reality with all this pandering to a 1%. 🥴

[@skillakilla]

Does not even make a difference they dont realize WSB has hella smart people who understand all this stuff is a lie and others who have 20k in gme and dont know what a short squeeze is.

[@xoEclipse1]

In short, DO NOT SELL. HOLD.

[@billygamer2137]

Is risky hold?

[@penpeen2185]

@@billygamer2137 If you’re a hedge fund then yes

[@toonlinkssbb515]

@@penpeen2185 funny they are forced to buy

[@carter9669]

I sold, I’m sorry

[@gary449]

diamond hands people!

[@drewce390]

I want a girl to love me the way CNBC loves their Billionaires.

[@hivoltagebeats7290]

Dem latinas bro 👌

[@aloysiusprasetyo3737]

Same bro

[@mariagaganta4925]

😂😂 With Long Hair ?

[@akashsom8357]

*NOICEE*

[@collinblatchford]

They really do hate the plebs

[@lexluthor3811]

GameStop definitely living up to that motto now...” Power to the players”

[@megawatts-jq5xm]

Hey just wanted to tell you that Plz read everything btw Jehovah and his son Jesus Christ love you so much that God would send his one and only son Jesus Christ to die on the cross for our sins and rose from the dead 3 days later Get a relationship with God and Jesus and confess for your sins and Live for Christ and not the world and allow God and Jesus into your hearts. God and Jesus are trying to save you from going to hell. HELL IS NOT A JOKE. Jehovah and Jesus are all of our Gods and Lords and Saviors✝️✝️✝️✝️SPREAD THE WORD✝️✝️✝️✝️✝️✝️✝️Pray to Jehovah and his son Jesus Christ get saved today ✝️✝️✝️✝️SPREAD THE GOSPEL✝️✝️✝️✝️✝️

[@debayanghosh5117]

they have added a slow, sad background music. They want to make us feel bad for the short squeeze.

[@TKUA11]

I cried tears of sadness for the vulture capitol firms that make money off of misery

[@diogogomes9636]

Yea you can just see how it is so so carefully made and every word is choseen to convey this Some examples: Saying "Ranks" instead of group Saying "Mob" instead of something else Its all carefully worded to make it seem like wall street bets is a united group targetting these hedgefunds.

[@WITAnswer]

Maybe they should have the worlds smallest violin playing? Na maybe not

[@jpusar]

It's working sadly. Was on a flight where the FA was asking me how horrible what happened to those traders by gamers (like because I played with my Switch on the flight somehow I am privvy to the happenings in Reddit). There's a sad number of people who are completely clueless and buy everything they hear on TV like it was the word of God...

[@seeeds4702]

@@diogogomes9636 its straight up propaganda.

[@Spartan11117777]

Redditors New Motto: “It’s not about money, it’s about sending a message.”

[@rossking3]

What's the message? "F" the wall street billionaires!!!!!!!

[@john02222]

@@rossking3 I think so I'm not sure

[@SCIFIguy64]

Gamestop rise up.

[@Tonixxy]

@@john02222 they regulated thenselves to have superior position completely.

[@openproblem3819]

Sometimes you gotta send a message.

[@georgerobinson2021]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.

[@harrisonmichael5047]

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

[@georgerobinson2021]

@@harrisonmichael5047 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.

[@harrisonmichael5047]

@@georgerobinson2021 Oh, that sounds good but how do I reach out to MARTHA ALONSO HARA

[@georgerobinson2021]

@@harrisonmichael5047 Look up her name on the webpage

[@harrisonmichael5047]

@@georgerobinson2021 Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me

[@MarcusFred-wn3iv]

After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?

[@harrisonjamie794]

Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor

[@MarcusFred-wn3iv]

@@harrisonjamie794 In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.

[@harrisonjamie794]

@@MarcusFred-wn3iv Please provide the information for your investment advisor here. I really need it now.

[@MarcusFred-wn3iv]

@@harrisonjamie794 She is MARTHA ALONSO HARA, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.

[@harrisonjamie794]

@@MarcusFred-wn3iv sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.

[@alexmalhavok8624]

Hedge funds didn't HAVE to get bailed out. These millionaires and billionaires TOOK THE RISK by shorting over 100% of the stock!!! They gambled and lost. Go work for 7.25/hr and budget more responsibly.

[@StillBrokeOff]

lmaooooo

[@jokerfleckcast3196]

Lol 🤘🤘

[@rossking3]

So sad....

[@CCinventory]

hahahaha eat mcdonalds again

[@pungolay6586]

Dear Wall Street, UP YOURS Sincerely, The 99%

[@royzevisionneur2045]

kzbin.info/www/bejne/o5u4YWaGlJuhmLM

[@Laiser]

Who are the 99 percent? Trading group?

[@oscarguzman6440]

@@Laiser we are the 99%. It is the percentage who make up the poor, while the 1% are the rich who make more than 400k per year

[@ontehnet]

Wall Street has been exposed and I believe if we come together we can stop these elites kzbin.info/www/bejne/gpmqhnaVjLh7oKc

[@tecsonph]

GameStop Mania: How Reddit Traders Took On Wall Street... and how CNBC hosts tried to stop them

[@rachealjones6039]

This past few weeks has been crazy, I just saw my portfolio gained over 300points thanks to GameStop. Who would have thought a downgraded stock like GameStop which was tipped to me by my financial advisor would soar and be one of my best performing stocks in a few weeks.

[@mikenorman5172]

It's really been a crazy week who would have thought these stocks would see a significant increase over a couple of days.

[@lorienwhite1087]

I don't know why I feel the market is been manipulated by these top hedge funds.

[@stacyandrews5468]

@@lorienwhite1087 I think this was played neatly by top financial institutions.

[@ryanwickham1707]

Damn I missed hugely, how did you learn to invest in these stocks @Racheal Jones.

[@rachealjones6039]

@@ryanwickham1707 few weeks ago it was recommended to me by my financial advisor Jeff Allen Dakin, I never knew much about gamestop before only that it's a stock with huge upside potential and can become big in a few months so I jumped on it.

[@fattahrambe]

We like the stock🚀🚀🚀🚀🚀🚀🚀

[@dankoweedburn]

We like the stock.

[@tavish7705]

💎👐

[@Chesteritea]

stonk

[@jstragland]

HOLD!

[@dankoweedburn]

💎💎💎💪HOLD STRONG💪💎💎

[@maoatreyu]

Our entire economy is a dishonest bubble, but now "they" are concerned.

[@theblackbaron4119]

The entire US economy and budgeting is a giant Ponzi scheme fueled by causing conflicts and selling weapons. It's taking money from their people they can't pay back and give out loans they live off, that the people barely are able to pay back. Like student loans etc.

[@RumataEstorskiyMoskv]

@@theblackbaron4119 "student loans etc." . 30 years ago in the USSR they did not know what a loan and credit were. After the betrayal of the cause of our fathers, we live just like you. This is justice. If you didn’t want free education and housing guaranteed by the state, suffer in credit slavery. . To build a just society again, to us will have to go through a world war again. The capitalists will provide us with this..

[@theblackbaron4119]

@@RumataEstorskiyMoskv Nice speech there, but I'm from Europe. We actually have free healthcare here, free education (small yearly university fee still applies but it's not a lot). I don't have a lot of money, but at least I'm not living in the US where it's basically a 3rd world country, where there would be targeted police brutality against me. There is a middle way between the overblown capitalism of the us and the atrocities against their own people in the USSR back then. But there are way too many conservative Americans are too dumb to understand taxes aren't just "feeding parasites". It's going to elevate the living standard if they actually help the poor people to get a chance at better paying work.

[@chilly4421]

"This will end in tears" and then he went and cried on TV for loosing his money . xD

[@getpersonalcredit125]

If you have questions concerning stocks you can use this contact info‬ 8 6 0 5 0 6 5 9 0 4

[@MIchaelZNight]

This story is so biased. How about telling both sides of the story.

[@williamstark9568]

What? The NEWS tell unbiased stories? HAH! Cute. You're adorable.

[@mariagaganta4925]

Thanks 😉

[@gautham4602]

I think your new to earth ,they don't do that here

[@LurkerAnonymous]

BUY CHEAP SELL NEVER LET THEIR WORLD BURN

[@hugogutierrez9250]

No we need the world. Let the corrupt burn. 😉

[@midshipsport]

@@hugogutierrez9250 good one

[@cabellones]

@@hugogutierrez9250 They may leave a burned world on their departure... but our hand build the old world... and can build a new world.... a better world

[@c3l1y]

what app you useing to buy stock i want to help

[@c3l1y]

@JULIUS CAESAR I don't know how to use it I opend it and went to gme but it didn't let me buy any

[@LOADING...o.o.o]

I wasn’t interested buying GameStop until robinhood put restrictions. Lol now I’m buying it.

[@drivetounderstand8579]

Same here. Created an account for the first time. Me and my brother will be making big purchases if it gets below 300. Holding for a year or more even if it tanks will give me some solace for 2008.

[@elijaholing]

@@drivetounderstand8579 hold the line

[@chinaforcedorganharvest-me7062]

Same, using my "stimulus check" as these Big Medias love to point out the cause of this whole thing. This is the best news I heard all years long, it's not about the money, IT'S SENDING THE MESSAGE.

[@pablo7182]

I wouldn't do it guys, the whole point is to find a goo value stock like gamestop at $4 not now when it's at $300, now it's way overpriced. I would look for other shorted stocks that are cheap.

[@chinaforcedorganharvest-me7062]

@Pablo From what I understand, the Hedge Funds borrow the stocks from the broker which they are require to pay back. That's why the more people HODL, the higher the price we can set to force them to buy it when the timer run out for them. Quite frankly, I HODL it just for the laugh, this event is once in a DECADES and the best news you have heard in a while. It's all about "SENDIND THE MESSAGE".

[@howlbigbadwolf]

I can't wait for the sequel to "The Big Short: GameStop Edition"

[@danielmateo715]

This pandemic has thought us a lot if you ask me, depending on the system doesn't always work.Earning passively has proven to be the best and safest way to stay wealthy for me, I'd rather be wealthy than rich, only great kinds understand this simple but difficult concept .

[@vincentcoachman3659]

Wise words you have spoken, I totally agree with you.

[@fredrickken3151]

People make the mistake of waiting for the government to provide everything for them and if you ask me, it is totally wrong.

[@jeffking3910]

There are so many investment options out there, one has to be very careful in picking out a good one.

[@lucaskean3987]

Good investments=passive earnings=no dependancy on the system or government. Simple logic

[@anitacampbell446]

Investing might be good but investing in the right thing is the actual key to success.

[@OnasaD]

*Give the hedge funds a check of $600 they’ll be alright*

[@godofwar4276]

We can also promise them $2000, just to keep their spirits high. Empty promise of course.

[@patrickmccarthy5617]

@@godofwar4276 make it political too. That’ll rally up the crowd.

[@Angelchildxx]

MELVIN HAS NOT CLOSED ITS POSITION. HOLD. CNBC keeps deleting comments. Copy abs paste.

[@marcus531000]

@@Angelchildxx they can’t if we never sell

[@Dschinghiss]

Remember: The Squeeze hasnt happened, yet. They will lose even more. HOLD

[@joyvdsteen4557]

i like to get squeezed and squeefed

[@Goujiki]

Diamond Hands ✋

[@backseatpolitician]

Uh....

[@expandhealthinc.1887]

HOLD

[@hassu2149]

More importantly, we exposed their corruption and we need to take our country back

[@zhengpinghu]

After BLM, we now have RIM= " RETAIL INVESTOR MATTERS".

[@thattiredchicken8788]

lmao

[@stefanoraffo5096]

Thwy NEVER closed their position. 140% shares are still shorted.

[@lucaswilliams2292]

They did close their shorts, but they also opened new ones. They know that GME’s a bubble, and are expecting a quick ride to the bottom a few weeks from now. If people keep holding their stocks, then Melvin Capital’s strategy will backfire and bankrupt them.

[@theblackbaron4119]

@@lucaswilliams2292 I hope that they just crash and burn. Ruining businesses like this shouldn't be allowed. EDIT: TO CLARIFY. I hope the hedge fund should bite the dust. Ruining small businesses, causing a housing crisis is not morally defendable.

[@jaybrielakoi7747]

“Somewhat successful” lol listen to that folks. Hold

[@RolyTheHolyPaladin]

💎 🤚

[@Rub4n]

Just like customer service says "please hold"

[@banginbadger75]

Still holding. I'm waiting for New York to start raining hedge fund managers.

[@victorhugomartinez8473]

Rich people tears, loving it

[@Sandman_10372]

Who knew their tears tasted so sweet?

[@jaeheelee8923]

Yessss

[@wiltel2409]

@@Sandman_10372 like fine wine

[@godofwar4276]

You mean rich who got there by favored rules for themselves and not same rules for everyone.

[@gungral2097]

*Stockbroker:* This is a stock exchange. There's no money here to steal. *Bane:* Really? Then why are you people here?

[@MrYCROCKER19]

THEY HAVE NOT CLOSED OUT THEIR POSITIONS. HOLD.

[@TheDanaYiShow]

hedge funds: "market manipulation is only legal when we do it!"

[@hateferlife]

Preach!

[@Predestinated1]

reddit = home of incels and racists

[@hateferlife]

@@Predestinated1 not no more, they are ruining it bit by bit. 4omos

[@Angelchildxx]

MELVIN HAS NOT CLOSED ITS POSITION. HOLD.

[@bouxesas2046]

@@Predestinated1 It looks like you are a butt hurt broker

[@darev6780]

God bless those poor Hedge Fund billionaires losing their money like that.

[@Hannahbanana353]

Indeed poor hedge fund managers 🎻 🎻 🎻🤣🤣🤣🤣

[@Vissorilio]

Boo hoo cry me a river.

[@aquamansrealestateagent6880]

I like how when the stock market rises it means absolutely nothing for average people but when it crashes normal people loose their homes, jobs and savings while the rich corporations get a bailout. The table is tilted folks!

[@nubetoober3554]

We like movies we like games. We like these stocks.

[@leotide1990]

WE LIKE THE STOCK!

[@bigrich439555]

😂😈 let’s keep going

[@james9531]

THIS IS THE WAY 👐🏾💎

[@james9531]

and they didnt close the short, they still inn

[@dankoweedburn]

NO FEAR 💎💎💎

[@LilShawtyWood]

“Honest market”? 😂😂😂😂 betting 30-40% over existing shares is honest?

[@ob5443]

She’s saying the current system isn’t an honest market

[@eleinaedelweiss6215]

40% dude thats assuming every single shares are in the market i dare to assume theres at least 20% cant be sold 80% are available in the open at the very least. 140% shorted is 60% or even 80% over the original shares available its indeed the definition of over shorted

[@R4hdoo07]

Did anyone else notice how the word "market" was silenced and cut short? That lady had a fair center-point on the issue, they try to spin our attention away from the "murderously-unfair market". But we're f*ed anyway... this historic event will spearhead "the great reset" as a "grass root" revolution.

[@lonerider5315]

“Reddit traders” You mean regular people.

[@Sekir80]

Yeah, I'm not subbed to WallStreetBets, not even have a reddit account. I just joined in by buying.

[@Cecilia-ky3uw]

and reddit people are not madmen my dude stop assuming what they are

[@josevaldes6052]

Can someone interview Buffet regarding this, he must be laughing so bad

[@ZybakTV]

5:55 "somewhat successful" That's a bit of an understatement...

[@ardellejackson2702]

Moral of this made up lies; Come to cryptocurrency and diversify

[@kennethlarocco8283]

Diversification is relevant, and once you have confidence in your investment, you can adjust your profit and make bigger bets.

[@kennethlarocco8283]

Just do the necessary research, study and analyze before making any investment.

[@anthonymeinhardt5438]

From the research I have done so far as old as the pandemic the word is out, Bitcoin May reach $100k by next year, and is going to change a lot of people's life.

[@LowisHowesEspanol]

Wow!! Her successful stories are everywhere.

[@seojunoh]

"This will end up in tears" Well what he doesn't know is that I will still laugh after losing couple thousand dollars if I can see these Wallstreet thieves bleed.

[@rounak471]

Worth every dollar

[@Saral_Lekhi]

👌

[@plant_12]

Tears of happiness will be dried with money.

[@TheFik123]

The media calls this a bubble, but there's a fundamental difference: the shorts need to buy back the stock, which will drive the price way up in a feedback loop. The short squeeze has not even started.

[@davidblakley8517]

You DON’T need to be smart to trade “I haven’t seen much correlation between good trading and intelligence. Some outstanding traders are quite intelligent, but a few aren’t.

[@lisastokes7441]

True, it's my understanding that many outstanding intelligent people are horrible traders.

[@matthewconway2753]

Average intelligence is enough. Beyond that, emotional makeup is more important.

[@markgallagher302]

Obviously you need some level of common sense, but that’s true with every profession. At the end of the day, it doesn’t matter what degrees or qualifications you hold, they won’t help you in the markets.

[@jamesmorrison2783]

Apart from intelligence, a detailed understanding of certain profitable marketing options are very fundamental to achieving intended results.

[@jameswilkinson7617]

I couldn't agree more... I always thought my intelligence could help me in life when it comes to my finances, but, a lot goes in, and the markets has made me realise this certainty.

[@ruxiangg7312]

Two words : DIAMOND HANDS also , we love the stock .

[@shashankpatel5940]

Diamond hands 💎✋

[@ruxiangg7312]

​@Lo Fell​ yup

[@ruxiangg7312]

@@shashankpatel5940 yea baby

[@lquaky2j]

DDP? Diamond cutter? 😁

[@DillAvery]

@@lquaky2j BANG!!

[@DaniIhzaFarrosi]

Can't stop. Won't stop. *GameStop* 🚀🚀🚀💎👐 Edit: We like the stock.

[@fishbrainLTD]

We do, we do

[@zell4687]

@@fishbrainLTD this is the way

[@rajadeejay]

This is the way!

[@duongvan3401]

I wanna ask: What happened if those hedge fund loose billions, will it affect the economy?

[@CMDRZero01]

#PowerToThePlayers

[@rainmanslim4611]

Its not about money. Its about SENDING A MESSAGE! Its about making these hedge funds bleed and die. Its about making them face concequences for the first time in the last 100 years.

[@hnacs8117]

They don't mention how hedge funds make dirty moves to bring the stock of a certain company down so that they profit in short selling.

[@deeb3272]

Redditors: UNO REVERSE CARD WallStreet: hol up, that's illegal. Bisayawaaaa

[@noddy1274]

Bro redditors and memers are the most dangerous breed to fight against lol😂😂 I m proud to be a part of both of them

[@nucleargandhi101]

These Wall Street guys pressured and made buying illegal. That's like rubbing it on faces.

[@brownbeauty7429]

Haha, the accuracy.

[@memezmemez5176]

😂😂😂

[@deeb3272]

@-Can Ameri- so the wallstreet should too

[@david-biskupek]

the last words in this video: this will end in tears ....

[@Sandman_10372]

That's what we are counting on! Let the tears of the rich fill our cups.

[@Jordan-ll5eq]

@@Sandman_10372 I love that regular people are screwing over hedge funds as much as the next guy but thing is eventually GME is going to comeback down. There are a lot of inexperienced traders in this that might try to sell at the slightest dip. Also there really isn’t a good reason for the stock to be as high as it is other than to screw over hedge funds. Once the hedge funds buy the stock or get out of their short positions then what is the point of WSB owning it? Because now they’re helping the big guys again.

[@adrijenie4105]

*Billionaire tears. i mean soon to be Millionaire tears.

[@ROBLOXGamingDavid]

There will be no peace or joy for the GameStop short squeeze, only tears.

[@RolyTheHolyPaladin]

For them! Not us! 💎 🤚

[@brikimbran]

Lesson Learnt here: If you can't win "fairly", just take the ball home.

[@hermesdanielsa]

"This will end in tear" says the old man. Maybe your tear Mr. Old man.

[@LRR333]

It's not about the money, it's about sending a message.

[@edgarhernandez6104]

Everything Burns...

[@coyotestylepro1150]

@@edgarhernandez6104 🔥🃏

[@MarcusA1]

And what if its about the money you dont like billionares losing money and going to the middle and lower class just because they found out how to manipulate the stocks like billionaires do

[@notahamster333]

gamer cap

[@russellwinfree7587]

EXACTLY!!!!

[@flintsviews]

As Elon said, shorting a stock should be illegal. You can’t sell something you don’t own!!

[@dkkwon1980]

Specifically, naked shorting, that's different than a legitimate short position.

[@shriram9532]

Because he knows one day tesla stocks will shorted like crazy.....the day is coming soon

[@dkkwon1980]

@@shriram9532 it already was shorted heavily, that's a large reason why $TSLA is up over a 1000% in the last year. All the shorts had to cover, driving the price even higher while retail investing increased long positions. Very similar situation to $GME, but Tesla is actually a better company. Disclaimer: I'm not a financial advisor, do your own due diligence.

[@patrickmccarthy5617]

@@dkkwon1980 that’s also why he invest his money in Dogecoin ;)

[@asdfhun]

Yet you can preorder and prepay a car from them... lol He didn't think this through i guess

[@jpsimas2]

I love the sound of greedy people crying

[@joshi666]

„That’s what happens when you don’t have a honest market.“ 😂😂😂😂... this is the entire idea of the stock market m.

[@AmpedUpTech]

The guy at the end who said, "this would end in tears" was literally crying on live television couple of months ago after hearing about Elizabeth "The Snake" Warren's wealth tax policy. The irony. 😂

[@Stoneface_]

Yep Leon Cooperman.

[@AmpedUpTech]

@@sirmadam8183 They are just there to help their Billionaire buddies. Do you ever see them inviting an average Joe to talk about what he thinks about his investments in the market? No, they always invite their Billionaire friends and the hedge fund managers on their show to manipulate the markets.

[@AmpedUpTech]

@@Stoneface_ Yup, 😂 ppl can look up for his video crying on live television by doing a quick google search. 🙂

[@AmpedUpTech]

@@sirmadam8183 Oh man. You still dont understand the game. They are just calling average Joes like some Redditors on their show coz the topic is hot and they wanna pretend that they are there for the little guy as well but the fact is that they are not. As soon as this topic would start getting less eye balls, they would go back to calling their suit wearing crooks on their show and completely ignoring the Average Joes. The "Crying Billionaire" aka Leon Cooperman settled a lawsuit with SEC for insider trading and they still call him on their show. Do you think that these CNBC ppl are good faith actors? If you think that, then sorry to say but you are not a smart person.

[@therabbit555]

The snake?

[@taylordodson1896]

Melvin capital is not out of the stock! That is a total lie!

[@jeromefitzroy]

This is more complicated for me than performing a thoracotomy, it’s like trying to understand programming language

[@Ihateduckface157]

Melvin Capital is NOT "out of the stock". Proof would have posted online if that were true.

[@phungquyen3511]

Is there proof that Melvin is not out?

[@goodboid]

How come no one is talking about after market trades, where the retail investor is locked out and big money can go on buying/selling. THE GAME IS RIGGED!

[@xungnham1388]

because...retail investors aren't locked out of extended hours. I have never been not able to do extended hour trades, ever since my first broker account in college and I've had accounts with 3 different brokers. You should consider using a broker that isn't some fly-by-night, shady startup. Robinhood is like the equivalent of cashing your checks at a payday-loan place instead of a real bank.

[@monsterboomer8051]

@@xungnham1388 Yeah, my eastern european boomer bank has stock platform that looks like from 90s when dial-up internet was common. And even they allow me to trade during extended hours. So people better say goodbye to Robinhood who sells order-flow to Citadel Hedge fund which tried to bail out Melvin Capital.

[@KingNeptune151]

HOLD

[@Julian-Le]

You could also include the discussion about Robin Hood selling “on behalf” for them

[@GetCloudSkills]

Never actually happened.

[@horikatanifuji5038]

Do you have any evidence?

[@animalstyle26]

Yes i do

[@nothingbutnegative]

They could, but that's only on the more profitable order flows of calls/puts. One exposé at a time fellas. 🤑😂

[@theclashingroyale7038]

Always remember the fact that profits are privatized by these hedge funds, while losses are socialized and taxpayer money is used to bail them out. Also, HOLD THE LINE

[@Uchihawallstreet]

THEY HAVE NOT CLOSED THEIR POSITION. I’m holding my line. 💪🏽

[@paternoaparente2196]

It will literally take days for Melvin Capitol to move out of their short position. They are not out of the woods yet.

[@monsterboomer8051]

Dude, its Capital. LMAO

[@paternoaparente2196]

@@monsterboomer8051 oh no. My argument is invalid because I mispelled a word.

[@monsterboomer8051]

@@paternoaparente2196 I never said it is invalid. You are projecting.

[@aydencz1239]

They most likely closed the short position to cover, just to get back into it

[@kingfsoforange]

HOLD ladies and gentlemen! They aren't out! Let's teach them a lesson

[@francisco1271]

That's right! Spread the news people! Let us all buy into gamestop!

[@girlandsketch]

YES...RESPECT. I BOUGHT MINE WITH 319 DOLLARS. I WILL SELL IT WHEN IT S 70K DOLLARS AT LEAST

[@Stoneface_]

@@girlandsketch very risky investment. The stock may collapse to $6 a share. Better to sell now...

[@girlandsketch]

@@Stoneface_ if we all will think like you we all loose buddy

[@rohitghali]

@@Stoneface_ It's not about the money. It's about sending a message.

[@rustyspoon3683]

Manipulation is when "Robbing Hood" not allowing to buy.

[@PatrickM-nw3ss]

yeah man smoke weed everyday the moon is fake maga

[@jobkroon6712]

The hedge funds are NOT out of the shorts.

[@adoniswilson4810]

This video needs more dislike because they lying

[@Clay00Q]

Stonks

[@dhhdsjjc2408]

Every mainstream media deserves more dislikes then likes. They all work for the corrupt elite.

[@AL3X2011]

@@dhhdsjjc2408 not all their content is bad. Most is good, but it’s up to us to filter out what’s good and bad.

[@mintvelvet3351]

@@dhhdsjjc2408 they deserve dislikes and THEN likes? Explain how that works boy genius.

[@xXSpamMeNotXx]

What are they lying about

[@top-icalmovement1483]

I am not an investor right now, but this does put a smile on my face 😄 really hope it keep on going 😊 good luck guys.

[@angcil88]

You could buy something directly from GameStop stores, even $5 helps 😁

[@takumifujiwara300]

When the Government becomes involved u know you've done bad with these godamn billionaire's.

[@RambutanCanada]

Hold until the sky falls. We're young, we have time. And nothing to lose.

[@paulszymanski3091]

I like the stock. GameStop is a $100 billion + company!

[@Yopops215]

Probably worth more, tbh

[@paulszymanski3091]

@@Yopops215 I am conservative. I learn how to invest from Jim Cramer and he convinced me to invest in GameStop. We love the stock.

[@scottengel6166]

Once they buy all the big box stores it will be worth more. I want to eat Game's Choice food.

[@iVince905]

GME worth a trillion... its going to the moooooooon!

[@TheIvyLens]

Gaming is only increasing in popularity. They need to pivot their brick and mortar locations into gaming cafes or tournament hosting spaces.

[@Quickonomics]

Since Michael Burry was involved in this... I suggest we call this *The Big Short Squeeze* from now on.

[@thecalzone9651]

I like it And the stock 🚀🚀🚀🚀🚀🚀🚀

[@pablosouth1240]

The amount of dislikes about this "news" 😂😂😂 BTW hedgefunds have their positions opened, they lie when they said they had closed them. The short selling positions are at 120% down from 140%. Let's go Monday 😎

[@r_b7833]

this will not end in tears lol. Literally every single share needs to be covered by shorts and I can 100% say to you that every single retail investor will be able to sell for a higher price when the squeeze occurs

[@Eric345]

I’m still up $200K! Hold to the moon. 🚀 🚀🚀🚀🚀🚀

[@maahof]

Congrats !

[@lowkiejay624]

Let me get $1.00 for a taco

[@stevenyia2778]

Thing can change fast so be careful buddy 😏👍

[@165hy9]

Congrats!!!!!

[@Snsnsnxbn]

How many shares did u buy & at what price?

[@demonsrexis]

Ahh, let's taunt the little guys more. Also, Elon Musk is running a rocket business, he sends stock prices sky rocket.

[@bikerdoc01]

What does she mean whe she's saying "we dont have an honest market" what???

[@megacanam]

8:56 The sign language girls facial expression is like... "don't listen to her, she's full of it.... hold the line!!!"

[@jackdiamond399]

"End in tears"?!?!? ... do you think people do not realize a casino when they walk into 1?

[@jcdenton4436]

that one was pretty funny

[@shuttereff3ct593]

Translate: little guy is making mess at Wall street

[@kekfreedomheritage5633]

LOL KEK -- Laugh at your Enemies as they Lose Billions for the Risk They Legally Accepted! --- Laugh as their Own Greed Destroys Them and Exposes Them. --- LOL KEK --- Hold The Line To Make Freedom Games of Life Great and to Stop Evil !!!

[@VlidOnTheLead]

aka tldw.

[@VlidOnTheLead]

(too long didn't watch)

[@prakashvawadra6074]

We will burn down every hedge fund to the ground until we get an hoooooonest marketttt ...

[@mcoreotims2509]

I guess WallStreet should’ve put more their spec points into Charisma 🤷🏻‍♂️ 😂

[@waj4ever16]

I love these CNBC commercials that tell me to just hold. They're quite nice.

[@Sandman_10372]

I'll hold until the hedgies are selling their yachts, summer homes, and their kids are in public schools. Their "suffering" is our daily life. Don't forget to down vote!

[@shlushe1050]

Yep! They living well by taking from us, then watching us squabble over the crumbs!

[@amarasunflower6914]

This.

[@mansoorahmad1361]

We, the retail crowd understand the inherent risks in the market. Thank you for your concern, but we will pass on your help. It would have been appreciated during the pandemic when people loosed our jobs, it would have been helpful when you limited businesses from .. doing business. We need a free market, honest market. Thank you for your concern CNBC. We, the common investor will pass on your advise. We will do with our money, what we please.

[@MMixer882]

Is it too late to buy a share on GameStop or amc now or is there a good chance of winning still?

[@kingosoul]

What a massive lie,this is not journalism.

[@kenxiong6830]

Hold the line!!!! Squeeze every ounce of lemon juice out of these “elites”

[@user-fu7mi7qu6p]

When enough investors get together and act in a planned way, they themselves are a huge investment institution

[@pyrophobia133]

this needs to be sustained for until Christmas

[@michaelsmith2157]

Buy gme and amc and hold the line!

[@alextost9895]

“Little guy is winning, for now”

[@feriafyre]

And continue to win as they keep holding 💎 👐 💎 🚀 🚀 🚀 Never selling

[@krisb3939]

These elites and these career politicians have invested in China stop buying made in China

[@dhhdsjjc2408]

They think so. Let's not let this happen.

[@dhhdsjjc2408]

Let's let the elites taste their own medicine.

[@goudhaantje3569]

How a major news agency misses the point.

[@Revolution1976]

Whats funny is the dude at the end was on T.V crying when the reporter asked why he said cause he cared. OMG. Well at least he was right. it did end in tears but it isn't over yet.

[@lucakastner4263]

Can´t end in tears when you have nothing to lose

[@meikvincenco1584]

Depends on when you buy in.

[@lucakastner4263]

@@meikvincenco1584 no i mean it's for the cause, for sending a message, i bought in only 3 days ago but if i lose it I don't care, and I'm not the only one

[@chuxxj]

It’ll end in tears for the hedges...

[@joyvdsteen4557]

@@lucakastner4263 TRUE.HOLD...........nothing to lose only if you believe in money

[@meikvincenco1584]

@@chuxxj If you bought in at a higher price and people start selling, which will most likely end in a panic sale across the board, you might end up losing most of you investment. Remember that not everybody bought in when the stock price was at 5$ per share.

[@InvestingBookSummaries]

Only allowing people to sell but not buy, what snakes.

[@rossking3]

BOYCOTT Robinhood!!!!!!

[@aaronking9211]

Interesting, so they’ve all exited their short positions? It doesn’t seem like that based on the data I can find, I don’t know what I’d do without CNBC. I thank you for this wonderful coverage and accurate due diligence.

[@KrisKustomPaint]

if a 140% short interest isn't a good enough fundamental to buy than nothing is. Weird how the financial press collectively forgot how short intrest works.

[@Jauhgn]

“Guys please 😭 this doesn’t align with the fundamentals! 😭😭Please sell before we go bankrupt 😭”

[@marcus531000]

Fundamentals are sellers noob

[@tesakun3133]

Lmao