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The short sellers
are completely blindsided. GameStop's value
just keeps going up and up. Thanks to the relentless buying of small time investors. [man] It turned from
a traditional short squeeze into a social event
where people could use that as a rallying cry
to take down the institutions that were shorting
a stock like GameStop, and they had tended
to be the hedge funds
are completely blindsided. GameStop's value
just keeps going up and up. Thanks to the relentless buying of small time investors. [man] It turned from
a traditional short squeeze into a social event
where people could use that as a rallying cry
to take down the institutions that were shorting
a stock like GameStop, and they had tended
to be the hedge funds
Full Transcript
00:00:01.000 --> 00:00:03.768
The short sellers
are completely blindsided.
00:00:03.802 --> 00:00:05.087
GameStop's value
just keeps going up and up.
00:00:05.905 --> 00:00:07.572
Thanks to the relentless buying
00:00:07.606 --> 00:00:09.997
of small time investors.
00:00:09.041 --> 00:00:11.809
[man] It turned from
a traditional short squeeze
00:00:11.844 --> 00:00:15.013
into a social event
where people could use that
00:00:15.001 --> 00:00:18.055
as a rallying cry
to take down the institutions
00:00:18.584 --> 00:00:20.885
that were shorting
a stock like GameStop,
00:00:20.092 --> 00:00:23.621
and they had tended
to be the hedge funds.
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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.