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Everyone classifies it as a cigar butt
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GameStop: The Wall Street Hijack

Everyone classifies itas a cigar butt and then just moves on,but it's more than that

Everyone classifies it
as a cigar butt and then just moves on,
but it's more than that

Full Transcript

00:00:01.000 --> 00:00:02.767
Everyone classifies it as a cigar butt
00:00:02.802 --> 00:00:04.703
and then just moves on, but it's more than that.
Duration
5 seconds
Views
35
Timestamp in Movie
00:08:54
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.
He actually does tremendous research - GameStop: The Wall Street Hijack 00:26
He actually does tremendous research
And everyone thought he was crazy - GameStop: The Wall Street Hijack 00:13
And everyone thought he was crazy
They're chuckling at him, they're like, - GameStop: The Wall Street Hijack 00:10
They're chuckling at him, they're like,
"He said, "This has potential. - GameStop: The Wall Street Hijack 00:30
"He said, "This has potential.
And I remember reading it and going, - GameStop: The Wall Street Hijack 00:30
And I remember reading it and going,
So my thesis was the... - GameStop: The Wall Street Hijack 00:20
So my thesis was the...
GameStop caught my eye in December of 2019. - GameStop: The Wall Street Hijack 00:14
GameStop caught my eye in December of 2019.
[Jordan] But the GameStop story - GameStop: The Wall Street Hijack 00:25
[Jordan] But the GameStop story
So it's... GameStop is also in Germany - GameStop: The Wall Street Hijack 00:08
So it's... GameStop is also in Germany
So, yes, I would go to GameStop very frequently - GameStop: The Wall Street Hijack 00:12
So, yes, I would go to GameStop very frequently
So guys in their 20s and 30s all know - GameStop: The Wall Street Hijack 00:10
So guys in their 20s and 30s all know
There's an emotional attachment to it. - GameStop: The Wall Street Hijack 00:07
There's an emotional attachment to it.
That's something to consider here - GameStop: The Wall Street Hijack 00:36
That's something to consider here
So, let me explain to you how shorting works. - GameStop: The Wall Street Hijack 00:11
So, let me explain to you how shorting works.
So I find someone that has this type of expensive pen - GameStop: The Wall Street Hijack 00:08
So I find someone that has this type of expensive pen
Now, the market for this type of pen - GameStop: The Wall Street Hijack 00:07
Now, the market for this type of pen
And just like that, I end up with $100. - GameStop: The Wall Street Hijack 00:06
And just like that, I end up with $100.
Not a profit yet because I still got - GameStop: The Wall Street Hijack 00:05
Not a profit yet because I still got
Say a week later, I was right - GameStop: The Wall Street Hijack 00:07
Say a week later, I was right
So I go back into the market now - GameStop: The Wall Street Hijack 00:07
So I go back into the market now