GameStop Stock Explained: The Rise of the Meme Stock

[@PerfilievFinancialTraining]

Hello friends! Thank you so much for watching! I’ve only recently started on KZbin, and this is my very first video - it took me about 1.5 months to put everything together. I really hope you’ll find it interesting and somewhat entertaining. Please, please do subscribe to the channel - at this early stage, your support has a HUGE impact, and absolutely every person counts. I am doing this full-time now, and if you want to see how it goes, it would be great to have you on board! As always, feel free to reach out for any feedback, questions and suggestions. You can ping me on Twitter or via email in the channel description. Thank you for your help and support!

[@karthikrajasekaran983]

The ‘lol’ on the first frame was so apt for this case 👏

[@PerfilievFinancialTraining]

Thanks, Karthik! :) I thought it was relevant for this topic ;) Thank you for watching the video!

[@Love_sharma_01]

Hats off to the creativity man!

[@PerfilievFinancialTraining]

Thank you so much for your comment and for watching the video! Really glad you enjoyed it!

[@edbrandt8972]

I smashed the like button after seeing the source of "Financial Advice".

[@PerfilievFinancialTraining]

Hahaha, nice! :) Thank you so much - I really appreciate it! Welcome aboard! :)

[@serhiidubrovin8205]

Enjoyed your explanation! Thanks!

[@PerfilievFinancialTraining]

Thank you so much for watching, Sergii! Glad you enjoyed this :)

[@mustacchiraphael4048]

Can’t wait for the part II! Great work.

[@PerfilievFinancialTraining]

Hey Mustacchi, thanks so much for watching! I really appreciate it :) Glad you liked it! Will have to do Part II a bit later, as I need to get a few other videos out of the way first. Thank you!

[@lizbetgarcia7062]

I hope to see part II

[@PerfilievFinancialTraining]

I hope so too! :) Was meant to do it earlier, but got busy with a few other videos! Maybe one day :D Thank you for watching this one!

[@peterlbp]

just discovered this channel from a recent twitter-thread you made and it's hands down the best finance content i've come across so far - hope you'll continue to post videos and keep up the amazing work!

[@PerfilievFinancialTraining]

Hi Peter! Thank you so much for your words of support and encouragement! I just started recently and it's so great to hear that my first few attempts haven't been too bad. Thank you so much!

[@telugujack5562]

One heck of a video. A very good information and the presentation. Hats off to you.

[@PerfilievFinancialTraining]

Thank you so much! I'm really happy to hear that you enjoyed it! :) Can't thank you enough for watching this!

[@abhinavgaurav3603]

Vry interesting video n yet understandable

[@PerfilievFinancialTraining]

Thank you so much, Abhinav! Really glad you found it interesting! :)

[@eliudkay2127]

You made it east to understand what a short squeeze is

[@PerfilievFinancialTraining]

Thank you so much for watching! Really glad it wasn't too confusing :)

[@kp2107]

Excellent metaphors, man! Especially 2:44 :DD

[@PerfilievFinancialTraining]

Hahah, thank you! Glad you're enjoying them :)

[@ChurykidzeS]

Can't believe GameStop is still trading around $150-200 after all this... thanks for the video!

[@PerfilievFinancialTraining]

Yeah, I know! :) It still hasn't really come down. Thanks very much for watching!

[@rizkigustama6745]

Thank you, very clear explanation. Looking forward for another content 😁

[@PerfilievFinancialTraining]

Thanks Rizki, happy to hear it wasn't too confusing! 🙂More videos coming soon! 👍

[@valeriimushtuk1190]

Finally the whole Reddit/GameStop story makes sense. Great job, Sergei!

[@PerfilievFinancialTraining]

Thanks so much!

[@alexanderackaert9445]

Hey! Many thanks for the video it was really interesting :-) Cannot wait for the new videos! The graphs and analysis on your computer screen seems really interesting as well. I hope you will explain some analysis with code etc :-) Good luck and keep pushing!

[@PerfilievFinancialTraining]

Hey Alexander! Thanks so much for your kind words - really glad you enjoyed the video! Will try to do more analytical videos later on, as well. Just covering the basics for now :) Again, thank you!

[@Shatagin]

Really enjoyed the video! Easy to digest, but still covers many aspects of the GameStop stock story. Great work!

[@PerfilievFinancialTraining]

Thank you, Michal, really glad you enjoyed it! Thanks for watching!

[@GengoSenmon]

Well done. Love the sarcasm! Think there will be a sequel? 🤓

[@PerfilievFinancialTraining]

Thank you so much! 🙂Yes, the sequel definitely coming up, but can't promise when yet - have a few other videos I want to publish first. Stay tuned 😉

[@dogyuumi5514]

Hey thanks for the great summary/lecture on the whole story! It was broken-down so well that even a layperson could get most it

[@PerfilievFinancialTraining]

Thank you so much for watching and for your kind words - really happy it wasn't too complicated :)

[@artemsytnyk]

excellent explanation of how short selling works... very clear, thank you

[@PerfilievFinancialTraining]

Thank you - glad you found it useful. I was worried that I wasn't clear enough as to the mechanics of how short-selling works...

[@miravashynska1858]

Informative and concise 👏. Keep it up 👌

[@PerfilievFinancialTraining]

Thanks very much Mira! Glad you found it useful :) Really appreciate your support!

[@marcuswonder5057]

Very informative, well explained, funny. Also great editing. Good job, Sergei!

[@PerfilievFinancialTraining]

Thank you so much for the feedback, really glad you liked it!

[@PerfilievFinancialTraining]

And thank you for taking the time to watch this :)

[@swatimital]

Fantastic video Sergei, great editing!!

[@PerfilievFinancialTraining]

Thank you! Really glad you enjoyed it :D

[@hassamkhan7861]

At 17:28 that process of shorting wont even end i suppose , they cn borrow shares short them and again they borrow the same short shares. And this goes on . What the end to it?

[@PerfilievFinancialTraining]

That's true - shorted shares can be borrowed from a new owner and shorted again. Theoretically, it can go on indefinitely, but at some point, short-sellers will have to start unwinding...

[@harryj1081]

Great sum up, but i thin k it would be even better if you mentioned Michael Burry and his letters to GME boards at a similar time that roaring kitty initiated positions, both of them were buying on the same purposes.

[@PerfilievFinancialTraining]

Hi Harry! Yeah, sorry, I probably should have mentioned him too. The video got really long as it is, and I was trying to trim it down as much as possible (and still haven't covered any developments post-GME ATH, which is coming up in Part 2). Thanks so much for watching! Much appreciated!

[@jamilrzayev]

Great start! Looking forward to seeing the next chapter! Keep it good!

[@PerfilievFinancialTraining]

Thanks for your support, Jamil, will keep you updated :)

[@serhiisadchikov2647]

Great video, can't wait to hear about robinhood not allowing people to buy gamestop stock in part 2!

[@PerfilievFinancialTraining]

Thank you for your feedback! Part 2 coming up in a few months :)

[@TheFedosso]

Oh my God that’s better than ‘’the big short’’

[@PerfilievFinancialTraining]

Ok, I'm going to print this comment on a T-shirt. Thank you for watching! :) Really glad you enjoyed it.

[@АлександрМордовкин-х2ж]

6:02 "For those of you watching after 2030..." Hahaha, this will age well xD

[@PerfilievFinancialTraining]

:D

[@usermmsupra]

great summary of the whole GameStop meme stock story! thank you

[@PerfilievFinancialTraining]

Thank you for taking the time to watch this! Glad you enjoyed it :)

[@evgenyponomarenko354]

Great Job Sergei !!

[@PerfilievFinancialTraining]

Thanks Evgeny! :)

[@coolwzl]

Great job Sergei!

[@PerfilievFinancialTraining]

Thank you very much - hope it was interesting ;)

[@goodman8498]

Hi where did you buy the ticker LED light from

[@PerfilievFinancialTraining]

Hi, the strip is a couple of WS2812B LED panels connected together, with Raspberry Pi running the logic behind them.

[@dancewithanastassia]

Thats a brilliant video Sergey! Well done my former colleague from Bloomberg. What a talented person and fantastix educational videos. Is there a part two to this video? WHen you explain 3rd reason for squeeze, you explain a bit fast and not always easy to follow

[@BlergleslinkVettermoo]

Great video. Well done.

[@nevmer470]

After GameStop, the stock market will never be the same again...

[@PerfilievFinancialTraining]

Indeed :) GameStop definitely highlighted some interesting risks around short-selling...

[@ramanujraychoudhury4398]

Where is the 2nd part? The video is very interesting. Please release the 2nd part

[@PerfilievFinancialTraining]

Hey Ramanuj, thank you! Sorry, doing my best with the time I have :) Might be a delay with part 2 :)

[@valeriiamushtuk2045]

omg yes, the Wall Street hedge funds did not see it coming :D

[@PerfilievFinancialTraining]

Hahaha, indeed! It's a new risk for them to keep track of :)

[@marcuswonder5057]

Well... 2:44 was unexpected.

[@PerfilievFinancialTraining]

Hahaha, indeed, not my usual filming location :D

[@vadymsmilenko2245]

And the power of Reddit hasn’t been underestimated since! :D

[@PerfilievFinancialTraining]

Hahah, indeed, wallstreetbets is almost 11m people strong, as of right now...

[@nikolaykogut7546]

hold on, are you saying there were two squeezes?... Short squeeze and gamma squeeze?

[@PerfilievFinancialTraining]

Yes, exactly. High short interest provided a good setup for a short squeeze, but once everyone jumped on call options, gamma squeeze became a strong force in the market as well.

[@WiReDApe]

I want to point out you called out $PTON in this video lol

[@PerfilievFinancialTraining]

Hahaha, thank you :)

[@random-e1u]

Hella instructor

[@ControlTheGuh]

130% short interest. No reason to look into the toilet. WS salty tears

[@PerfilievFinancialTraining]

Yeah, 130% short interest was certainly a huge factor in this.

[@xntumrfo9ivrnwf]

First? :D

[@PerfilievFinancialTraining]

Well, technically second, but first full-on movie :)

[@random-e1u]

Hahahaha the toilet

[@bbbbjjj7002]

1. So where is part two? 2. Please remove this running line on the background. It does not make you any more professional or trustworthy but destracts alot. 3. Could you probably dig deeper into options? the very basics like put , call , in the money, oout the money.

[@ZenyattaFan1]

The problem is that you don't have any ideas that will make people money. Who cares if a stock is totally overvalued if there is no way to profit from it? Yes, it is true that GME is totally overvalued. But there is no way to capitalize on that. The vast majority of people who have shorted the stock have gotten killed. You should admit that you have no idea how to make money in the stock market. If you actually knew how to make money, you would not only be making a lot of money in the market, but you would give us your stock recommendations. Tell us which stocks to buy and which stocks to short. People would lose their butts taking your advice. I saw you had a tweet that said TSLA is overvalued. I disagree, but that is irrelevant. The only thing that is relevant is whether the stock is going to go up or down. I predict that TSLA will go much higher. We will see who is right. TSLA will go much higher because high-growth stocks that consistently have big upside earnings surprises, are always the best performing stocks.