![[Jordan] What really gets this ride going](https://clip.cafe/img800/jordan-what-really-gets-this-ride-going.jpg)
What really getsthis ride going is when amateur traders armed with these appsstart taking...
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[Jordan] What really gets
this ride going is when amateur traders armed with these apps
start taking an interest in one company
in particular, GameStop. For years,
the video game retailer has been struggling. And by the summer of 2019, their falling stock price
is starting to reflect it. [Ross] It was a company that
effectively was dying out. Many of these game platforms
like PlayStation allows their customers
to actually buy games on the internet,
so therefore store that was quickly dying down
this ride going is when amateur traders armed with these apps
start taking an interest in one company
in particular, GameStop. For years,
the video game retailer has been struggling. And by the summer of 2019, their falling stock price
is starting to reflect it. [Ross] It was a company that
effectively was dying out. Many of these game platforms
like PlayStation allows their customers
to actually buy games on the internet,
so therefore store that was quickly dying down
Full Transcript
00:00:01.000 --> 00:00:02.968
[Jordan] What really gets
this ride going
00:00:03.998 --> 00:00:04.402
is when amateur traders
00:00:04.437 --> 00:00:07.372
armed with these apps
start taking an interest
00:00:07.406 --> 00:00:10.608
in one company
in particular, GameStop.
00:00:12.945 --> 00:00:15.008
For years,
the video game retailer
00:00:15.114 --> 00:00:16.915
has been struggling.
00:00:16.949 --> 00:00:19.117
And by the summer of 2019,
00:00:19.151 --> 00:00:22.954
their falling stock price
is starting to reflect it.
00:00:25.124 --> 00:00:27.192
[Ross] It was a company that
effectively was dying out.
00:00:27.226 --> 00:00:30.999
Many of these game platforms
like PlayStation
00:00:30.001 --> 00:00:33.999
allows their customers
to actually buy games
00:00:33.998 --> 00:00:35.001
on the internet,
so therefore store
00:00:35.134 --> 00:00:36.401
that was quickly dying down.
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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.
![[Jordan] But the market
is in for a big surprise. - GameStop: The Wall Street Hijack](https://clip.cafe/img400/jordan-but-the-market-is-in-a-big-surprise.jpg)
![[Jordan] Burry is the geek
who made a billion dollars - GameStop: The Wall Street Hijack](https://clip.cafe/img400/jordan-burry-the-geek-who-made-a-billion-dollars.jpg)
![[Jordan] But the GameStop story - GameStop: The Wall Street Hijack](https://clip.cafe/img400/jordan-but-the-gamestop-story.jpg)
