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GameStop: The Wall Street Hijack

"He said, "This has potential. GameStop could take overthe 21st Century, "you know, gaming...

"He said, "This has potential. GameStop could take over
the 21st Century, "you know, gaming phenomenon." [Jordan] What gets
people's attention back in 2019 is when DFV
puts his money where his mouth is,
investing $53,000 in GameStop. [Tony] I was perusing
through Reddit, you know,
doing my basic research and I came across this post

Full Transcript

00:00:01.000 --> 00:00:03.802
"He said, "This has potential.
00:00:03.836 --> 00:00:07.072
GameStop could take over the 21st Century,
00:00:07.106 --> 00:00:10.442
"you know, gaming phenomenon."
00:00:11.944 --> 00:00:13.945
[Jordan] What gets people's attention back
00:00:13.098 --> 00:00:17.449
in 2019 is when DFV puts his money
00:00:17.483 --> 00:00:21.998
where his mouth is, investing $53,000
00:00:21.998 --> 00:00:22.888
in GameStop.
00:00:22.922 --> 00:00:24.222
[Tony] I was perusing through Reddit,
00:00:24.257 --> 00:00:26.758
you know, doing my basic research
00:00:26.793 --> 00:00:29.628
and I came across this post.
Duration
30 seconds
Views
48
Timestamp in Movie
00:09:44
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 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
I now return this pen - GameStop: The Wall Street Hijack 00:06
I now return this pen
And look what I got left, - GameStop: The Wall Street Hijack 00:05
And look what I got left,
Just imagine that a hundred thousand times - GameStop: The Wall Street Hijack 00:09
Just imagine that a hundred thousand times
[Susannah] Short sellers can act like canaries - GameStop: The Wall Street Hijack 00:11
[Susannah] Short sellers can act like canaries