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But shorting does have a negative reputation
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GameStop: The Wall Street Hijack

But shorting does havea negative reputation because investorsare essentially betting on a...

But shorting does have
a negative reputation because investors
are essentially betting on a company's decline

Full Transcript

00:00:01.000 --> 00:00:03.168
But shorting does have a negative reputation
00:00:03.202 --> 00:00:05.837
because investors are essentially betting
00:00:05.872 --> 00:00:07.139
on a company's decline.
Duration
7 seconds
Views
33
Timestamp in Movie
00:14:22
Uploaded
May 10, 2025
Genres
documentary
Production
N/A

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Movie Summary

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.
And many people are uncomfortable - GameStop: The Wall Street Hijack 00:29
And many people are uncomfortable
[Jordan] Ninety-nine percent of the people out there - GameStop: The Wall Street Hijack 00:07
[Jordan] Ninety-nine percent of the people out there
Short seller is betting that it's gonna go down. - GameStop: The Wall Street Hijack 00:04
Short seller is betting that it's gonna go down.
He's rooting on the sidelines, - GameStop: The Wall Street Hijack 00:06
He's rooting on the sidelines,
[rollercoaster engine revving] - GameStop: The Wall Street Hijack 00:13
[rollercoaster engine revving]
[Trump] I mean, view this the same as the flu. - GameStop: The Wall Street Hijack 00:13
[Trump] I mean, view this the same as the flu.
[Jordan] Hospitals around the world - GameStop: The Wall Street Hijack 00:23
[Jordan] Hospitals around the world
[Jordan] The pandemic has a huge impact on GameStop. - GameStop: The Wall Street Hijack 00:24
[Jordan] The pandemic has a huge impact on GameStop.
Because of this shift of the gaming industry - GameStop: The Wall Street Hijack 00:11
Because of this shift of the gaming industry
So when, of course, - GameStop: The Wall Street Hijack 00:19
So when, of course,
[Jordan] At the time, GameStop's share price - GameStop: The Wall Street Hijack 00:06
[Jordan] At the time, GameStop's share price
And now, more Wall Street firms - GameStop: The Wall Street Hijack 00:28
And now, more Wall Street firms
So, I limited my risk - GameStop: The Wall Street Hijack 00:25
So, I limited my risk
In 2020, once the lockdowns happen, - GameStop: The Wall Street Hijack 00:24
In 2020, once the lockdowns happen,
And so I took all that money and that's when I decided - GameStop: The Wall Street Hijack 00:26
And so I took all that money and that's when I decided
You take away the commutes, you take away - GameStop: The Wall Street Hijack 00:11
You take away the commutes, you take away
there was less things people do. - GameStop: The Wall Street Hijack 00:09
there was less things people do.
So, I set up a Robinhood account - GameStop: The Wall Street Hijack 00:23
So, I set up a Robinhood account
[Tony] We had the time, we weren't traveling anymore - GameStop: The Wall Street Hijack 00:13
[Tony] We had the time, we weren't traveling anymore
[Jordan] But for many of these newcomers, - GameStop: The Wall Street Hijack 00:15
[Jordan] But for many of these newcomers,