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The system gets abused.And they need to make changes
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Diamond Hands: The Legend of WallStreetBets

The system gets abused.And theyneed to make changes

The system gets abused.And they
need to make changes

Full Transcript

00:00:01.000 --> 00:00:04.902
The system gets abused.And they need to make changes.
Duration
5 seconds
Views
28
Timestamp in Movie
01:09:05
Uploaded
May 05, 2025
Genres
documentary
Production
N/A

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Movie Summary

When the smart money was betting GameStop would go under, an army of irreverent traders tried to take Wall Street down instead. Diamond Hands is their story. This is the legend of the subreddit/WallStreetBets.
- First, Robinhood Securitiesput the restrictions in place - Diamond Hands: The Legend of WallStreetBets 00:10
- First, Robinhood Securitiesput the restrictions in place
- You can read body language.You can see the way - Diamond Hands: The Legend of WallStreetBets 00:05
- You can read body language.You can see the way
- I understand that partof the focus of this hearing - Diamond Hands: The Legend of WallStreetBets 00:07
- I understand that partof the focus of this hearing
I want to make clearat the outset - Diamond Hands: The Legend of WallStreetBets 00:07
I want to make clearat the outset
Citadel Securities had no rolein Robinhood's decision - Diamond Hands: The Legend of WallStreetBets 00:08
Citadel Securities had no rolein Robinhood's decision
- Mr. Griffin, - Diamond Hands: The Legend of WallStreetBets 00:07
- Mr. Griffin,
Don't youthink there should be a limit - Diamond Hands: The Legend of WallStreetBets 00:05
Don't youthink there should be a limit
KEN GRIFFIN:I'm not sure it's worth us - Diamond Hands: The Legend of WallStreetBets 00:10
KEN GRIFFIN:I'm not sure it's worth us
- Why is it that a stockcan be shorted over 100%? - Diamond Hands: The Legend of WallStreetBets 00:04
- Why is it that a stockcan be shorted over 100%?
CONGRESSMAN: Mr. Plotkin, - Diamond Hands: The Legend of WallStreetBets 00:07
CONGRESSMAN: Mr. Plotkin,
Yet if you're shortselling a stock 140%, - Diamond Hands: The Legend of WallStreetBets 00:08
Yet if you're shortselling a stock 140%,
- Any time we short a stock, - Diamond Hands: The Legend of WallStreetBets 00:05
- Any time we short a stock,
So we alwaysshort stocks within - Diamond Hands: The Legend of WallStreetBets 00:06
So we alwaysshort stocks within
- The fundamental reasonwhy this happened - Diamond Hands: The Legend of WallStreetBets 00:13
- The fundamental reasonwhy this happened
And until the rules changethat you cannot short a stock - Diamond Hands: The Legend of WallStreetBets 00:08
And until the rules changethat you cannot short a stock
- I just want to getto what happened - Diamond Hands: The Legend of WallStreetBets 00:06
- I just want to getto what happened
That decision you made, - Diamond Hands: The Legend of WallStreetBets 00:14
That decision you made,
Zero pressure from anyone.It was a collateral depository - Diamond Hands: The Legend of WallStreetBets 00:10
Zero pressure from anyone.It was a collateral depository
- Rather than sayingthat Robinhood was nefarious - Diamond Hands: The Legend of WallStreetBets 00:10
- Rather than sayingthat Robinhood was nefarious
- The decision to restrictGameStop and other securities - Diamond Hands: The Legend of WallStreetBets 00:09
- The decision to restrictGameStop and other securities