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GameStop: The Wall Street Hijack

A group of young, risk-embracing day traders used social media to organize a massive stock buy-up. Jordan Belfort provides details about the story, exploring how it shook the world's markets.

Director

Mark Radice

Year

Genre

Box Office

N/A

Production

N/A

Awards

N/A

Cast information not available.

5.0

★★★★★

1 review

Overall

5.0

Story

5.0

Aesthetics

3.0

Acting

3.0

Sound

3.0

subhamtv2024

1 year ago

★★★★★

Explore 174 Clips

Actually, no one went to jail." - GameStop: The Wall Street Hijack

Actually, no one went to jail."

And everyone goes,
"Ha ha," and we laugh, - GameStop: The Wall Street Hijack

And everyone goes, "Ha ha," and we laugh,

A part of me wanted
to make sure that, - GameStop: The Wall Street Hijack

A part of me wanted to make sure that,

[Jordan] By the end of 2020, - GameStop: The Wall Street Hijack

[Jordan] By the end of 2020,

[Susannah] There was a bit
of a generational divide, - GameStop: The Wall Street Hijack

[Susannah] There was a bit of a generational divide,

[Jordan] Of course,
the Wall Street pros - GameStop: The Wall Street Hijack

[Jordan] Of course, the Wall Street pros

And they're really not. - GameStop: The Wall Street Hijack

And they're really not.

I think a lot
of the retail people, - GameStop: The Wall Street Hijack

I think a lot of the retail people,

[upbeat music playing] - GameStop: The Wall Street Hijack

[upbeat music playing]

I could put on very large trade - GameStop: The Wall Street Hijack

I could put on very large trade

But Wall Street isn't
convinced that it'll work. - GameStop: The Wall Street Hijack

But Wall Street isn't convinced that it'll work.

And if you're arrogant
and you're greedy, - GameStop: The Wall Street Hijack

And if you're arrogant and you're greedy,

[Jordan] Then two days later, - GameStop: The Wall Street Hijack

[Jordan] Then two days later,

I guess we're fighting." - GameStop: The Wall Street Hijack

I guess we're fighting."

They just didn't
take them seriously - GameStop: The Wall Street Hijack

They just didn't take them seriously

And when the stock
started to drop back down, - GameStop: The Wall Street Hijack

And when the stock started to drop back down,

What the hedge funds
didn't realize though - GameStop: The Wall Street Hijack

What the hedge funds didn't realize though

[police sirens wailing] - GameStop: The Wall Street Hijack

[police sirens wailing]

And they wanted to teach
the short sellers a lesson - GameStop: The Wall Street Hijack

And they wanted to teach the short sellers a lesson

You see, shorters can't hang on - GameStop: The Wall Street Hijack

You see, shorters can't hang on

And as more investors,
more retail investors - GameStop: The Wall Street Hijack

And as more investors, more retail investors

[man] GameStop was an extreme
example of a short squeeze. - GameStop: The Wall Street Hijack

[man] GameStop was an extreme example of a short squeeze.

So now you have everyone buying, - GameStop: The Wall Street Hijack

So now you have everyone buying,

[Susannah] And initially
I don't think, uh, - GameStop: The Wall Street Hijack

[Susannah] And initially I don't think, uh,

[Jordan] Talk about
the insane loyalty - GameStop: The Wall Street Hijack

[Jordan] Talk about the insane loyalty

Well, when I actually went
on to the site - GameStop: The Wall Street Hijack

Well, when I actually went on to the site

I mean, these guys,
no one is selling, - GameStop: The Wall Street Hijack

I mean, these guys, no one is selling,

The short sellers
are completely blindsided. - GameStop: The Wall Street Hijack

The short sellers are completely blindsided.

[Jordan] By late January, - GameStop: The Wall Street Hijack

[Jordan] By late January,

[woman] Hedge fund borrow
is facing billions - GameStop: The Wall Street Hijack

[woman] Hedge fund borrow is facing billions

Shares are now up more
than 60% free market - GameStop: The Wall Street Hijack

Shares are now up more than 60% free market

Um, we made...
we made a statement - GameStop: The Wall Street Hijack

Um, we made... we made a statement

[Alex] It was really exciting - GameStop: The Wall Street Hijack

[Alex] It was really exciting

And that if it was all proven
to be true, - GameStop: The Wall Street Hijack

And that if it was all proven to be true,

Redditors have this massive
rush of euphoria - GameStop: The Wall Street Hijack

Redditors have this massive rush of euphoria

I think they know
the war's not over yet, - GameStop: The Wall Street Hijack

I think they know the war's not over yet,

And almost, uh, I think probably - GameStop: The Wall Street Hijack

And almost, uh, I think probably

As the price hits
the stratosphere, - GameStop: The Wall Street Hijack

As the price hits the stratosphere,

[Jordan] On January 28, boom, - GameStop: The Wall Street Hijack

[Jordan] On January 28, boom,

And as wallstreetbets
starts smelling blood - GameStop: The Wall Street Hijack

And as wallstreetbets starts smelling blood

With literally no end in sight, - GameStop: The Wall Street Hijack

With literally no end in sight,

And then one day
towards the end of January, - GameStop: The Wall Street Hijack

And then one day towards the end of January,

[upbeat music playing] - GameStop: The Wall Street Hijack

[upbeat music playing]

We all knew that the game
was slanted - GameStop: The Wall Street Hijack

We all knew that the game was slanted

[Alex] I was at first
really angry at Robinhood - GameStop: The Wall Street Hijack

[Alex] I was at first really angry at Robinhood

[Dan] When Robinhood stops,
uh, the everyday trader - GameStop: The Wall Street Hijack

[Dan] When Robinhood stops, uh, the everyday trader

When trade was restricted,
it really did cause - GameStop: The Wall Street Hijack

When trade was restricted, it really did cause

[Ross] I think a lot
of people were very upset - GameStop: The Wall Street Hijack

[Ross] I think a lot of people were very upset

[Susannah] Robinhood has denied - GameStop: The Wall Street Hijack

[Susannah] Robinhood has denied

[Jordan] So why did this happen? - GameStop: The Wall Street Hijack

[Jordan] So why did this happen?

[man] A lot of investors
don't realize - GameStop: The Wall Street Hijack

[man] A lot of investors don't realize

So during those two business
days due to regulation, - GameStop: The Wall Street Hijack

So during those two business days due to regulation,

[Jordan] And Robinhood said,
they just didn't have - GameStop: The Wall Street Hijack

[Jordan] And Robinhood said, they just didn't have

There are major
financial hurdles - GameStop: The Wall Street Hijack

There are major financial hurdles

But as I started digging deeper, - GameStop: The Wall Street Hijack

But as I started digging deeper,

[dramatic music playing] - GameStop: The Wall Street Hijack

[dramatic music playing]

That probably triggers
some people - GameStop: The Wall Street Hijack

That probably triggers some people

And I sold my shares
for 200% profit - GameStop: The Wall Street Hijack

And I sold my shares for 200% profit

Unfortunately, a lot
of my friends did end up - GameStop: The Wall Street Hijack

Unfortunately, a lot of my friends did end up

[Tony] I did feel
that sinking feeling - GameStop: The Wall Street Hijack

[Tony] I did feel that sinking feeling

I held on to those shares. - GameStop: The Wall Street Hijack

I held on to those shares.

So, um, if I sold everything
at $200 - GameStop: The Wall Street Hijack

So, um, if I sold everything at $200

I did not make so much
but I think - GameStop: The Wall Street Hijack

I did not make so much but I think

[Mike] Now, percentage games
in GameStop - GameStop: The Wall Street Hijack

[Mike] Now, percentage games in GameStop

It was an extremely
successful trade. - GameStop: The Wall Street Hijack

It was an extremely successful trade.

[dramatic music playing] - GameStop: The Wall Street Hijack

[dramatic music playing]

The GameStop story represents,
uh, a larger truth. - GameStop: The Wall Street Hijack

The GameStop story represents, uh, a larger truth.

A fundamental change
is happening. - GameStop: The Wall Street Hijack

A fundamental change is happening.

[Jordan] Some of the key
players in the story - GameStop: The Wall Street Hijack

[Jordan] Some of the key players in the story

We serve the millions
of small investors - GameStop: The Wall Street Hijack

We serve the millions of small investors

We've increased our liquidity - GameStop: The Wall Street Hijack

We've increased our liquidity

For our customers,
I'm sorry and I apologize. - GameStop: The Wall Street Hijack

For our customers, I'm sorry and I apologize.

[Jordan] Even Keith Gill
aka "DFV" - GameStop: The Wall Street Hijack

[Jordan] Even Keith Gill aka "DFV"

I'm not
an institutional investor - GameStop: The Wall Street Hijack

I'm not an institutional investor

I do not have clients
and I do not provide - GameStop: The Wall Street Hijack

I do not have clients and I do not provide

I'm just an individual
whose investment in GameStop - GameStop: The Wall Street Hijack

I'm just an individual whose investment in GameStop

[upbeat music playing] - GameStop: The Wall Street Hijack

[upbeat music playing]

I think if you look forward
a year, two years from now, - GameStop: The Wall Street Hijack

I think if you look forward a year, two years from now,

[Jordan] It may not happen
again on wallstreetbets, - GameStop: The Wall Street Hijack

[Jordan] It may not happen again on wallstreetbets,

I think hedge funds will also
be monitoring social media - GameStop: The Wall Street Hijack

I think hedge funds will also be monitoring social media

[Jordan] So the final
question is, who really won? - GameStop: The Wall Street Hijack

[Jordan] So the final question is, who really won?

Was it the Wall Street bettors, - GameStop: The Wall Street Hijack

Was it the Wall Street bettors,

Truth is the jury's still out,
but one thing - GameStop: The Wall Street Hijack

Truth is the jury's still out, but one thing

[upbeat music playing] - GameStop: The Wall Street Hijack

[upbeat music playing]

GameStop: The Wall Street Hijack poster

★ ★ ★ ★ ★

A group of young, risk-embracing day traders used social media to organize a massive stock buy-up. Jordan Belfort provides details about the story, exploring how it shook the world's markets.

User Rating: 5.0 (1 rating)

Director: Mark Radice

Writer: Bruce Kennedy

Production: N/A

Genre: documentary

Year: 2021

MetaScore: N/A/100

ImdbRating: 5.7

BoxOffice: N/A

Released: 08 Apr 2021

Awards: N/A

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