How Reddit Traders Used GameStop To Totally Spank The Wall Street Big Boys

  Переглядів 4,077,027

The Late Show with Stephen Colbert

The Late Show with Stephen Colbert

День тому

Stephen has the perfect explainer video for anyone trying to figure out what the heck is happening on Wall Street, as giant hedge funds get brutally punished by swarms of Reddit users harnessing their collective power to boost GameStop's stock price. #Colbert #ALateShow #Monologue
Subscribe To "The Late Show" Channel HERE: bit.ly/ColbertUKposts
For more content from "The Late Show with Stephen Colbert", click HERE: bit.ly/1AKISnR
Watch full episodes of "The Late Show" HERE: bit.ly/1Puei40
Like "The Late Show" on Facebook HERE: on. 1df139Y
Follow "The Late Show" on Twitter HERE: bit.ly/1dMzZzG
Follow "The Late Show" on Google+ HERE: bit.ly/1JlGgzw
Follow "The Late Show" on Instagram HERE: bit.ly/29wfREj
Follow "The Late Show" on Tumblr HERE: bit.ly/29DVvtR
Watch The Late Show with Stephen Colbert weeknights at 11:35 PM ET/10:35 PM CT. Only on CBS.
Get the CBS app for iPhone & iPad! Click HERE:
Get new episodes of shows you love across devices the next day, stream live TV, and watch full seasons of CBS fan favorites anytime, anywhere with CBS All Access. Try it free! bit.ly/1OQA29B
---
The Late Show with Stephen Colbert is the premier late night talk show on CBS, airing at 11:35pm EST, streaming online via CBS All Access, and delivered to the International Space Station on a USB drive taped to a weather balloon. Every night, viewers can expect: Comedy, humor, funny moments, witty interviews, celebrities, famous people, movie stars, bits, humorous celebrities doing bits, funny celebs, big group photos of every star from Hollywood, even the reclusive ones, plus also jokes.

КОМЕНТАРІ: 10 000
@pixieloco
@pixieloco 3 роки тому
“When the rich rob the poor, it’s called business. When the poor fight back, it’s called violence.” - R2D2
@andrescanales9719
@andrescanales9719 3 роки тому
I thought R2D2 just made a beeps. Never knew he was so deep
@HowdyDuty4
@HowdyDuty4 3 роки тому
Damn that droid had a lot of good things to say. I'll always fondly remember when he once said "Beep Boop"
@mindurownbiz8857
@mindurownbiz8857 3 роки тому
Then it's time to make "violence" a daily activity for the following years. A nice, fun pastime for poor people. New to the game? Why not take online free courses to learn how to exploit unregulated capitalism to screw rich people over and get rich while doing it? We should really be spreading this kinda knowledge.
@SamuelPearlman
@SamuelPearlman 3 роки тому
* beep woooooo *
@Izanagi-FLOW
@Izanagi-FLOW 3 роки тому
Ahh yes, the famous r2d2 quote from the prequel movie, Star Wars: Wrath of Khan
@PitFriend1
@PitFriend1 3 роки тому
“So you think rich people losing money is funny?” “I do and I’m tired of pretending it’s not.”
@spthibault
@spthibault 3 роки тому
Hell yes.
@jonplaud
@jonplaud 3 роки тому
@@spthibault they can literally afford it. We lose one hundred dollars and we have to plan everything over for the month (yes, I know it's extreme)
@spthibault
@spthibault 3 роки тому
@@jonplaud oh I totally agree. This shit is beautiful. I've never considered the market before but after seeing this I'm thinking I should do it. If the "market" has issue with people on a reddit independently doing this then arguably all that a reddit group needs is a business license and a charter. Make every "employee" an equal partner and everyone does an independent tax return... meanwhile the company can report a loss each month/year and get a refund which is added to the portfolio for investors to invest.
@traviscosby1016
@traviscosby1016 3 роки тому
@@jonplaud considering that a large portion of Americans can't afford a surprise $400 expense that's not all that extreme. More like right on the money.
@morchedrid
@morchedrid 3 роки тому
It was funny when the poor got poorer for you, why wouldn't this be funny to the 99% you screw over on a daily basis
@youngsixty7395
@youngsixty7395 3 роки тому
When poor people lose money, the poor people are "irresponsible" When rich people lose money, the poor people are "responsible".
@donkeypunch5138
@donkeypunch5138 3 роки тому
I just think its funny how when they manipulate the system in their favor its all good But when they get a dose of their own medicine its subject to being against the law and under review, obviously by their own team.
@vokasimid5330
@vokasimid5330 3 роки тому
ukposts.info/have/v-deo/g4-Sap-wpqWI2n0.html
@mr.corcoran6296
@mr.corcoran6296 3 роки тому
Hedge Funds found out what it’s like when the rabbit has a gun.
@oraaarunance
@oraaarunance 3 роки тому
Brilliant comment!
@emikikuno
@emikikuno 3 роки тому
More like "when the rabbit call all his buddies rabbit and they organise to jump on the hunter all at the same time and chew him to death with their cute little teeth."
@AndrewTuttle333
@AndrewTuttle333 3 роки тому
"Rabbit season!" "Duck season!" "Rabbit season!" "Duck season!"
@MWhaleK
@MWhaleK 3 роки тому
Rabbit of Caerbannog or BunBun from Sluggy Freelance?
@Senasis469
@Senasis469 3 роки тому
You're living in a corporatacracy
@darron13
@darron13 3 роки тому
Citizens: "Tax the rich!" Govt: "No." Citizens: "Fine, I'll do it myself"
@victoriae725
@victoriae725 3 роки тому
😂 I'm dying, and I approve.
@cad5017
@cad5017 3 роки тому
I approve this message. ☝👏👏
@aquietplace5832
@aquietplace5832 3 роки тому
Danm right!
@allenkerns9550
@allenkerns9550 3 роки тому
When you want something done right...
@arbestcrontisb4248
@arbestcrontisb4248 3 роки тому
funny thing is that the people saying tax the rich are the rich themselves...hilarious
@sapphireriddles6692
@sapphireriddles6692 3 роки тому
This whole gamestop thing is the perfect manifestation of that whole "the ants outnumber the grasshoppers" thing.
@Spherehead123
@Spherehead123 3 роки тому
love that movie.
@vslyz1658
@vslyz1658 3 роки тому
This is a perfect analogy
@puffo7120
@puffo7120 3 роки тому
Agreed.
@nielsmuus7640
@nielsmuus7640 3 роки тому
@@Spherehead123 å
@lendleasereit6797
@lendleasereit6797 3 роки тому
Basically, if the retailers win, the institutions go burst and the retailers get all their money It's a zero sum game. Simply a transfer of money from the rich to the layfolk
@RogerHerzler
@RogerHerzler 3 роки тому
“Poor hedge fund managers” -Nobody
@dlaird88
@dlaird88 3 роки тому
Jimmy kimmel is pretty much saying poor hedge funds
@DaveTheMemeThief
@DaveTheMemeThief 3 роки тому
@@dlaird88 r/woooosh
@nasif8777
@nasif8777 3 роки тому
@@dlaird88 r/woooooosh
@koren4685
@koren4685 3 роки тому
@@DaveTheMemeThief r/woosh
@SimonHergott
@SimonHergott 3 роки тому
You do realize that these hedge fund guys you hate some much are the same swamp dwellers that Trump vowed to hold to account, right? That ginger press secretaries brother is deeply involved, and who know how many other government officials. You helped elect a senile old swamp dweller that wants to help these hedge fund wanks. Trump was fighting for you. I feel so sorry for all you americans who have been so misled.
@harrisonmichael5047
@harrisonmichael5047 Рік тому
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.
@jesbensommichael8397
@jesbensommichael8397 Рік тому
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@harrisonmichael5047
@harrisonmichael5047 Рік тому
@@jesbensommichael8397 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.
@jesbensommichael8397
@jesbensommichael8397 Рік тому
@@harrisonmichael5047 Oh, that sounds good but how do I reach out to MARTHA ALONSO HARA
@harrisonmichael5047
@harrisonmichael5047 Рік тому
@@jesbensommichael8397 Look up her name on the webpage
@jesbensommichael8397
@jesbensommichael8397 Рік тому
@@harrisonmichael5047 Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me
@Chacho131
@Chacho131 3 роки тому
Billionaires: We're gonna ruin this gaming retail store. Reddit: We're about to pull what's known as a pro gamer move.
@VadoVoodoo
@VadoVoodoo 3 роки тому
This is the middle-mouse button that holds the 7-shot-Super-Shotgun. Shotgun, BOOM!
@drboze6781
@drboze6781 3 роки тому
pwned! Oh, Wall Street? Pro tip: Don't stand in the fire!
@chrisbecke2793
@chrisbecke2793 3 роки тому
Gamestop is failing quite independently from what its stock is doing.
@pandathug6806
@pandathug6806 3 роки тому
This is the first time I hear pro gamer move in this story and im dyinggg
@haruhisuzumiya6650
@haruhisuzumiya6650 3 роки тому
infinite money glitch
@Operation_FUBAR
@Operation_FUBAR 3 роки тому
I like that Stephen didn’t refer to the Redditors as “amateur” investors like everyone else has. You really can’t call them amateurs when they played the market like a fiddle.
@venom_bankz621
@venom_bankz621 3 роки тому
They just mad asf😂 disrespecting em
@Victor-tl4dk
@Victor-tl4dk 3 роки тому
Yeah there's a lot of dumb people out there. But make no mistake there are a lot more non-rich smart people out there than all the "smart" people on wall street.
@Maderasdesign
@Maderasdesign 3 роки тому
I just want to point out that I am in fact dumb, but still happy to do my part against these chodes.
@yukonfarnsworth1688
@yukonfarnsworth1688 3 роки тому
Tbf this video was put out before they attributed GameStop to Trump supporters and closed the subreddit down. He's backed into a corner for trying to be first.
@Christian-cz9bu
@Christian-cz9bu 3 роки тому
@@yukonfarnsworth1688 What are you talking about? Go over to r/WallStreetBets and try to talk about politics... And Trevor had a segment out early yesterday evening.
@hunterkiller1440
@hunterkiller1440 3 роки тому
This is a stock exchange! There's no money you can steal! Really? Then why are you here?
@diegomora8579
@diegomora8579 3 роки тому
I understood that reference!
@chrissanto
@chrissanto 3 роки тому
Who knew that Reddit would be the Bane of hedge fund dbags.
@serikolee8432
@serikolee8432 3 роки тому
Made a subrebbit for the same thing wallstreetbets made so gonna see what will happen next
@halfghanistan
@halfghanistan 3 роки тому
lmfao good one
@SuperKing604
@SuperKing604 3 роки тому
You know Bane was the bad guy right?
@wkruit
@wkruit 3 роки тому
I’ve seen the reaction of one of these hedge fund con artists. He was practically crying when he complained about someone doing to them what they do to others on a daily basis. It was uplifting!! I hope several of them go bankrupt!
@SimonHergott
@SimonHergott 3 роки тому
You do realize that these hedge fund guys you hate some much are the same swamp dwellers that Trump vowed to hold to account, right? That ginger press secretaries brother is deeply involved, and who know how many other government officials. You helped elect a senile old swamp dweller that wants to help these hedge fund wanks. Trump was fighting for you. I feel so sorry for all you americans who have been so misled.
@jamesdnh
@jamesdnh 3 роки тому
@wkruit please share link
@jamesdnh
@jamesdnh 3 роки тому
@@SimonHergott crazy huh. Trump was a business owner. He knows corruption. I would bet why Epstein island only had him so few times was because he recognized their plots to honey pot early and left because TPTB are too big to be brought down. Best to stay away and bring them down in the proper time.
@bravado7
@bravado7 3 роки тому
@@SimonHergott Yeah whatever. Somehow you failed to see that Trump's administration was the most corrupt in recent history. Heck Rudy was trying to sell presidential pardons for $2 million a pop.
@blackwolf085
@blackwolf085 3 роки тому
Give the Hedge Funds $600 to last a year. That should be enough.
@thishappycrafter272
@thishappycrafter272 3 роки тому
👏👏👏
@naya6593
@naya6593 3 роки тому
❤❤❤❤
@kikilo9647
@kikilo9647 3 роки тому
Why?? They do have bootstraps dont they??
@Pythos_Sapunov
@Pythos_Sapunov 3 роки тому
Absolute SAVAGE!~
@KENOMAN1969
@KENOMAN1969 3 роки тому
We need to do means testing to determine if they qualify for it.
@r.a.5086
@r.a.5086 3 роки тому
"ThIs iS MaRkEt MaNiPuLaTiOn!" --Said by people who manipulate the markets everyday.
@raziele92
@raziele92 3 роки тому
Brings to mind the lie that got us into Iraq.
@fartsneed9464
@fartsneed9464 3 роки тому
@@raziele92 same people, same liars, same yarmulkes.
@iamsearchingforthefiletmignon
@iamsearchingforthefiletmignon 3 роки тому
Market Manipulation isn’t illegal 😂
@raziele92
@raziele92 3 роки тому
@@iamsearchingforthefiletmignon actually, it is.
@jamesjpak
@jamesjpak 3 роки тому
@@fartsneed9464 LMAO
@rossking3
@rossking3 3 роки тому
"F" the wall street billionaires!!! Buy GameStop!!!! BOYCOTT Robinhood!!!
@zac_k2drio704
@zac_k2drio704 3 роки тому
Ig it was nothing personal lmao
@danisyx5804
@danisyx5804 3 роки тому
Already looking for a suitable alternative unfortunately there don't seem to be many that are very well rated I'm waiting to see what direction this goes as I don't want to fall victim to these Wall Street predators and I'm so glad to see that people have come together to fight this b*******
@fmlAllthetime
@fmlAllthetime 3 роки тому
The alternatives are Fidelity and Vanguard in the US
@themo7
@themo7 3 роки тому
Gamestop lost nearly a billion over the last several years
@danisyx5804
@danisyx5804 3 роки тому
@@themo7 and they got it back now didn't they look at all these gamers investing in something they believe in. Did you have a point to make? I see what has happened as a positive thing in more ways than one certainly better than a bunch of f****** billionaires basically causing it to fail by betting that it will f*** them all
@PropellerSteve
@PropellerSteve 3 роки тому
Rich people get pissed when others figure out how to play the game.
@serikolee8432
@serikolee8432 3 роки тому
True and they pressure other's to make them win the game
@talahari2441
@talahari2441 3 роки тому
They think themselves as a higher being and that pisses me offf
@serikolee8432
@serikolee8432 3 роки тому
@Bald Eagle True i entered the youtube ring to get a chance to pay off bills and share my interest with other's but i got 13 subs . UKposts is killing , i don't know how to play the game yet but wish us youtube newbies luck and other's trying to make it big pls.
@peterzerfass4609
@peterzerfass4609 3 роки тому
Rich people: Why don't the poor just invest their money Poor people: OK Rich people: ... Rich people: wait. stop.
@vitorinojurado6169
@vitorinojurado6169 3 роки тому
Stolen meme.
@CMM726
@CMM726 3 роки тому
Exactly. They can’t figure out why we don’t just ask our fathers for a “small one million dollar loan.” And start an empire
@yukonfarnsworth1688
@yukonfarnsworth1688 3 роки тому
@@CMM726 it's easy to spend 1 million on crap.. which most would do. Starting an empire is hard even with 1 million. Most couldn't do it.
@yukonfarnsworth1688
@yukonfarnsworth1688 3 роки тому
If everybody started being rich there'd still be people who are richer. And then the prices would reflect the majorities spending power. $5000 loafs of bread anyone?
@oodjee
@oodjee 3 роки тому
Poor people: "wait stop" ? You mean *Gamestop. FTFY.
@mokachan4744
@mokachan4744 3 роки тому
Redditors be like: "If you don't have the balls to tax the rich, we'll do that for ya"
@EdaugEthanbYT
@EdaugEthanbYT 3 роки тому
Ooooooooooooooohhhhhhhhhhhhhhhhhh
@imfloridano5448
@imfloridano5448 3 роки тому
😂😂😂😂👍
@Aman-wq4xz
@Aman-wq4xz 3 роки тому
@FlexenPanda8203 honestly thos, you should lol. It might help for college
@TheAccidentalViking
@TheAccidentalViking 3 роки тому
@FlexenPanda8203 do it. This is exactly the Redditors' goal, I think.
@TheSlimSlime
@TheSlimSlime 3 роки тому
@FlexenPanda8203 Diamond hands, hold on as it flies to the moon.
@matthewdunivan9283
@matthewdunivan9283 3 роки тому
The trickle down comment had be clapping and yelling "F*** YES, STEPHEN!"
@KanuckStreams
@KanuckStreams 3 роки тому
I've described the GameStop event like this: It is the French Revolution, except Madame Guillotine is cutting off the rich's wallets rather than their heads, which is what they REALLY fear.
@SimonHergott
@SimonHergott 3 роки тому
You do realize that these hedge fund guys you hate some much are the same swamp dwellers that Trump vowed to hold to account, right? That ginger press secretaries brother is deeply involved, and who know how many other government officials. You helped elect a senile old swamp dweller that wants to help these hedge fund wanks. Trump was fighting for you. I feel so sorry for all you americans who have been so misled.
@kobinpaizlimona9088
@kobinpaizlimona9088 3 роки тому
@@SimonHergott stonks go brrr
@Sullaban
@Sullaban 3 роки тому
Doctor Discord It needs to happen over and over. The average American needs to ruthlessly find a way to do this. Links provided for you See my videos one of them is about GameStop and Michael Jordan See these videos ukposts.info/have/v-deo/aJlimpuinniIl4U.html&authuser=0 ukposts.info/have/v-deo/mYGApHepkaCL14k.html&authuser=0
@konomexplays
@konomexplays 3 роки тому
So they made a bet and lost, and now they're crying about losing their stupid bet? Good.
@dawsonpurkett7709
@dawsonpurkett7709 3 роки тому
Shorting isn’t quite that simple. Gamestop hasn’t been relevant in awhile, they haven’t changed their business model and now a bunch of people that don’t understand things just bought into a stock that is on a bubble. Sure the hedge fund lost money, but those reddit investors could lose money themselves. Every single one of those reddit investors have the capability to short stock themselves, I don’t doubt some of them do. Hell, anyone can short stock. What if these people continue to do this and a middle tier fund In charge of people’s pensions get screwed over by reddit guys? “We screwed the rich”. No they screwed average workers. No doubt legislation or regulations from SEC are coming.
@oohdannyboy
@oohdannyboy 3 роки тому
@@dawsonpurkett7709 They weren't just shorting stock but naked shorting it. So the initial comment is correct. They got greedy, and got burnt.
@PedroMojica100
@PedroMojica100 3 роки тому
Sounds very Republican to me.
@sempressfi
@sempressfi 3 роки тому
@@dawsonpurkett7709 what if people lose their pensions? Like they already have been? then more people wake up and band together. That's partially the point. No one's expecting to profit off this (not many, at least)
@_cloudface_
@_cloudface_ 3 роки тому
It wasn't mentioned but hedge funds like Citron actually publicly bragged about Gamestop going down ton $20 and they were going to make billions easily
@HobbesHobbiton
@HobbesHobbiton 3 роки тому
This just in: Billionaires throw a tantrum over losing money to people who say *_"stonks"_*
@alessiodelcastillo1613
@alessiodelcastillo1613 3 роки тому
Reddit moment
@bendy_rabbit
@bendy_rabbit 3 роки тому
GameStonks
@NuyoricanJoseph
@NuyoricanJoseph 3 роки тому
🤣
@alessiodelcastillo1613
@alessiodelcastillo1613 3 роки тому
@@bendy_rabbit stonk
@alessiodelcastillo1613
@alessiodelcastillo1613 3 роки тому
@@vtdemocracy7520 we like da stonks
@tomifost
@tomifost 3 роки тому
"Now its time to invest into whoever makes the worlds tiniest violins." This is gold
@dewaynethomas3122
@dewaynethomas3122 3 роки тому
Fer real, I can't even remember the last time I seen Colbert actually enjoy doing the show. This was pretty baller.
@unowenwasholo
@unowenwasholo 3 роки тому
One thing not mentioned is that the shorts total roughly 140% of all the available GME shares on the market (it's been changing, but the shorts are still over 100% at the time of writing). They may have shorted more shares than are actually available. Someone who is shorting this is "naked shorting"--shorting without actually having borrowed the stock to short with--which is illegal. It also means that this hedge fund would be doing everything that it can to make sure GameStop fails, not because the company is actually bad or not viable, but because they make bank on its failure. Lower stock price makes it harder for the company to raise funding. There's no fundamentals here, it's Wall Street execs being evil shits and destroying things around them for money. Also, Robinhood did not stop all trading. They stopped allowing BUYING. If people can only sell, what happens to the price? It goes down. If it goes down, who benefits? The people shorting. There's legit reasons behind it involving liquidity since Robinhood doesn't actually own the shares that it allows trading with, they're a middleman that answers to higher powers, but their PR didn't mention this and looks like a total cover up because they're heavily invested in by a company that tried also tried to bail out the hedge fund that's being railed right now. And what did those dumb mofos do? They double downed. The greed, arrogance, and corruption will be their downfall.
@dewaynethomas3122
@dewaynethomas3122 3 роки тому
Completely agree, it really annoyed me when Colbert got that part wrong. I believe RH is going to get sued into bankruptcy so meh.
@stucclikechucc
@stucclikechucc 3 роки тому
dude its so simple to understand but people just dont take the time to learn anything anymore and just form groups of opinions based on someone elses opinion
@WilfChadwick
@WilfChadwick 3 роки тому
Could you say that again please?
@Sullaban
@Sullaban 3 роки тому
Yes previously I thought I had the selling short thing down really well, but when Colbert went on and on about it and also tried to be funny . . .well then I was back to square one in my confusion Links provided for you See my videos one of them is about GameStop and Michael Jordan See these videos ukposts.info/have/v-deo/aJlimpuinniIl4U.html&authuser=0 ukposts.info/have/v-deo/mYGApHepkaCL14k.html&authuser=0
3 роки тому
"The invisible hand of the market extending you the middle finger" is one of the most amazing quotes out of this whole situation. Just... whoever wrote that line: You are an amazing person.
@mikehiebert6227
@mikehiebert6227 3 роки тому
There's a line in the video game The Witcher 3 that references someone being "slapped by the invisible hand of the market" if they don't pay a debt they owe as well. I doubt the writer came up with the idea for this joke in a bubble
@DebbieStOnge
@DebbieStOnge 3 роки тому
Loved it ,the whole segment was the best .
@idigamstudios7463
@idigamstudios7463 3 роки тому
@@mikehiebert6227 Economics Explained has a similar quote: "When you mess with mister market you get a slap on the bottom line."
@jmoranleiva
@jmoranleiva 3 роки тому
I personally think the best was the "trickle-down" part!!! Comedy Gold!!!
@anemicsilence
@anemicsilence 3 роки тому
😊👍
@Hogwarts-Dropout
@Hogwarts-Dropout 3 роки тому
Rich people: We're rich cause we're smarter and better at investing. Poor people just need to learn how to invest. Poor people: Okay, watch this... Rich People: Hey, stop that!!!!
@akshatgaur6542
@akshatgaur6542 3 роки тому
When poor people lose money: they are irresponsible and dumb When rich people lose money: SEC ShOuD dO sOmEtHinG
@SirQuantization
@SirQuantization 3 роки тому
LITERALLY what is happening.
@Sebastianvalen
@Sebastianvalen 3 роки тому
Manipulation**
@Theomite
@Theomite 3 роки тому
I love this comment 300x more than the number of times I liked it.
@bebobism
@bebobism 3 роки тому
And then , they them selfs become rich and so on , and so on. 'Never' ending story . . . Who cares , right ! As long as santa comes round ones a year . . . oh , the holy times. 🤔
@mikeoxmall3847
@mikeoxmall3847 3 роки тому
Never did I imagine that my pride in a bunch of Reddit gamers could bring a tear of pride to my eyes!!! 😅 They should be so proud of themselves, and I really hope many more wall street scum bags feel the wrath of the ppl they have been screwing over since the beginning of time!!
@peskypigeonx
@peskypigeonx 3 роки тому
I love Reddit, it’s like the wild west
@thatguy996
@thatguy996 3 роки тому
The thing us gamers know but the hedge funds didn’t, is that Gamestop never trades for a fair price 😎 💎🤲🏻
@dewaynethomas3122
@dewaynethomas3122 3 роки тому
One employee actually spit on a game I brought in to sell , rubbed his hand all over it, than told me it was too scratched to sell. Fuck gamestop, I hope this buries them.
@dewaynethomas3122
@dewaynethomas3122 3 роки тому
@Hugo Ferraz He wasn't working there long but it's the bullshit trade-in prices I was saying that for. Just wanted to throw in some random thing that happened to me there. Btw, that dude threatened to fight me outside and pussied out when I called him on it.
@mikagami69
@mikagami69 3 роки тому
Underrated comment!
@youngsixty7395
@youngsixty7395 3 роки тому
Billionaire Hedge funds: "Only WE are allowed to manipulate the markets".
@Neteruk
@Neteruk 3 роки тому
#RedStreet isn't manipulating the market, the manipulation was the hedge funds shorting over 100% of the available worth. That was friggin crass, and now...yeah...#EatTheRich
@itwoznotme
@itwoznotme 3 роки тому
yup
@tijan8948
@tijan8948 3 роки тому
No one is allowed to manipulate markets unless they want to do a Martha Stewart
@maxfastest
@maxfastest 3 роки тому
@@tijan8948 😂😂😂😂 That isn't true at all ! The olygahrks can do as they please and never suffer our laws.
@MausMasher54
@MausMasher54 3 роки тому
Such a beautiful thing, scrood by the little guy instead of the other way round...LOL
@aidenbagshaw5573
@aidenbagshaw5573 3 роки тому
"Oh no, the billionaires lost a small percentage of their money! How awful!" -- No one in the history of the world
@lucidry
@lucidry 3 роки тому
if only its true that noone said that likeness
@Psychetwo
@Psychetwo 3 роки тому
@@lucidry yup, Trump supporters and other republicans have been saying that. They actually feel bad when rich people have to pay tax. They have no issue with Amazon not paying any tax. It's just incredible.
@owayasomething9295
@owayasomething9295 3 роки тому
PsycheMike new drinking game: take shot every time a politician talks about a business as if it's a person. You'd be dead from alcohol poisoning within a week.
@aidenbagshaw5573
@aidenbagshaw5573 3 роки тому
@@owayasomething9295 I'd never thought of it that way.
@GumaroRVillamil
@GumaroRVillamil 3 роки тому
Will somebody think of the billionaires!? How else is wealth supposed to trickle down to us???
@JosephSchneider26
@JosephSchneider26 3 роки тому
It's such a relief hearing him talk about something else than Trump again.
@hermestrismegistus3417
@hermestrismegistus3417 3 роки тому
It’s even more relieving to watch something that’s not corporate propaganda disguised as comedy.
@alprazolamb4248
@alprazolamb4248 3 роки тому
He literally starting talking about trump 1 minute into it. They purposely didn't say or show his name though. But I didn't think people were that dumb. You really didn't think they talked about trump? Who tf did you think "t****" was when he was showing words talking about trump while also saying "the previous president"?
@Mehki227
@Mehki227 3 роки тому
@@alprazolamb4248 Duh. Golly gee. If you didn't tell us, we would have never known. 🙄
@dewaynethomas3122
@dewaynethomas3122 3 роки тому
@@hermestrismegistus3417 Corporations.. against Trump.. that's pretty fuckin hilarious.
@hermestrismegistus3417
@hermestrismegistus3417 3 роки тому
@@dewaynethomas3122 Well, I didn’t mention Trump at all, but why do you think that’s hilarious? You know CBS is a media corporation right? So are Time Warner, Viacom, Disney, and GE, a few conglomerates that collectively own about about 90% of all popular media. Then the tech giants; Google, Microsoft, Apple, Facebook, Twitter, Amazon etc. All clearly anti-MAGA. I really don’t understand your worldview, do you think this is not the case?
@8307c4
@8307c4 3 роки тому
And that is why investors should never ever short a stock.
@Grim_Beard
@Grim_Beard 3 роки тому
Investors don't short stocks. Parasites do.
@AlexNight
@AlexNight 3 роки тому
Hedge Funds: Tries to short GameStop. Redditors: "I'm gonna do what's called a Pro-Gamer move."
@familia3sgte
@familia3sgte 3 роки тому
Underrated comment right there
@cameronjadewallace
@cameronjadewallace 3 роки тому
LET'S GOOOO
@fayasay3322
@fayasay3322 3 роки тому
LMAOO BEST COMMENT
@naegleriafowleri2230
@naegleriafowleri2230 3 роки тому
Idiots gamestop has been shorting us for years
@rcslyman8929
@rcslyman8929 3 роки тому
@@naegleriafowleri2230 Hey, Gamestop may be a shitty company with shitty business practices... but a hedge fund practically exposed its throat for everyone. How do you not slit it?
@anjiwhatever5644
@anjiwhatever5644 3 роки тому
"Can we please not grow our own terrorists!" *thinks about America's role in jazzing up the middle east*
@beepbeep9043
@beepbeep9043 3 роки тому
America seems really good at creating terrorists!!
@michaelirwin7250
@michaelirwin7250 3 роки тому
Yea but those ones are made for export not domestic sales.
@JustAnotherBuckyLover
@JustAnotherBuckyLover 3 роки тому
Not to mention how many US citizens funded a literal terrorist organisation in Ireland prior to 9/11 and the Good Friday Agreement.
@LatiNoble
@LatiNoble 3 роки тому
Marble bathroom in my hovercraft? It’s a hover-yacht, Steven.
@Snooopy28
@Snooopy28 3 роки тому
From my new 1-to-1 gamer iron man suit and with my golden mug, on a platinum coaster
@Getsugaru
@Getsugaru 3 роки тому
Remember: as funny as this is, it's hurting real people who own multiple boats.
@Polymeron
@Polymeron 3 роки тому
Ordinary people have lost their pensions and their life savings while you laugh. But I guess that's ok if some rich people were hurt too.
@ValerieJNorse
@ValerieJNorse 3 роки тому
@@Polymeron -- Sending up the price of GameStop stock caused people to lose their life savings?
@TheRebornOne34
@TheRebornOne34 3 роки тому
@@Polymeron That's not how this works, did you even watch the video?
@DaddyHensei
@DaddyHensei 3 роки тому
@@Polymeron what load of crap. Only the rich were hurt with this.
@jc.1191
@jc.1191 3 роки тому
@@TheRebornOne34 it could
@aborachis1649
@aborachis1649 3 роки тому
The Economists: "But GME isn't worth $350 a share." The Economy: "Things are worth what people are willing to pay"
@JMAssainatorz
@JMAssainatorz 3 роки тому
@Kevin L Just to throw in my pshycology 2 cents here. Rational yes. If given rational data to act upon. We are kind of programmed rather well there. Otherwise? yea so about those laser beams from space?
@myname9130
@myname9130 3 роки тому
A lot of people are learning a valuable lesson from all this: Money isn't real, things only hold value because we say they do, and Wall Street gets nervous when people figure that out
@kierasher1
@kierasher1 3 роки тому
Reminds me of something an Econ professor told me, "Intro econ classes teach you, 'This is how the economy should work if people were rational thinkers.' but graduate econ classes teach you that people are profoundly stupid and while rational models work in the long run, in the short run it is straight madness."
@neilmartin99
@neilmartin99 3 роки тому
That is hilarious considering we are looking at a whole slew of companies in today;s market with PE ratios of 300 and higher. Newsflash...very few companies are valued correctly.
@Nathan-sw8kb
@Nathan-sw8kb 3 роки тому
I'm an Economist. Things are worth what people are willing to pay. You are confusing the study of Economics with the study of Finance.
@chrisbudesa9441
@chrisbudesa9441 3 роки тому
"caught between a rock and as dumb as a rock" sounds good to me
@gil10mtn
@gil10mtn 3 роки тому
Just to be clear, If you find yourself on the side of the people who stack the deck against the regular people, you're on the wrong fucking side.
@jaridkeen123
@jaridkeen123 3 роки тому
I love how Nancy Pelosi basically said "oh you lost $5 Billion dollars to poor people that outsmarted you?, Interesting"
@mikeshogunlee
@mikeshogunlee 3 роки тому
No, that was say nothing statement. Need to keep a close eye on Joe and Pelosi right now. I want to believe in them, but Pelosi's statement right there sounded like; "I am going to not talk about this because, in order to keep the donors happy, I'm gonna pass a law to punishes the poor and defends the ritch."
@tnkwwc
@tnkwwc 3 роки тому
@@mikeshogunlee if you look at her record, and what she stands for, it is not hurting the poor. She has actually fought to help us normal Americans.
@MarriedMule
@MarriedMule 3 роки тому
@@mikeshogunlee Classic GOP spelling levels right there. What a "ritch" comment.
@KameronFranklin
@KameronFranklin 3 роки тому
@@mikeshogunlee Yeah, that and she probably has no idea what actually happened or how it worked. Hasn't had her briefing yet.
@synchro-dentally1965
@synchro-dentally1965 3 роки тому
@@KameronFranklin She's awaiting orders from the oligarchy
@lw3269
@lw3269 3 роки тому
Robin Hood looking a lot like the Sheriff of Nottingham.
@Theomite
@Theomite 3 роки тому
Man, Christmas got cancelled *early* this year.
@swiftninja91
@swiftninja91 3 роки тому
Or Prince John, the phoney king of England
@jirensentry7609
@jirensentry7609 3 роки тому
But if people plotted to spike the stock of Gamestop to grow just to get at Hedgers playing against its stock is problematic, . Isn't it right to cut it off? Robinhood must be betting on Gamestop's future losses or they have a lot of people betting against Gamestop.
@chrishoina
@chrishoina 3 роки тому
Beautiful.
@DoobieKeebler
@DoobieKeebler 3 роки тому
People need to stop mocking Wallstreet. Cuz you have these trading platforms freezing trading on the stocks so their buddies don't lose cash & they can regroup. They have more cash in a thimble, to short whatever business they want, than we do in in our giant "GoFundGameStop" or w/e campaign.
@jamirimaj6880
@jamirimaj6880 3 роки тому
i love that Invisible Hand vs Invisible Middle Finger symbolism
@eejaypea
@eejaypea 3 роки тому
Best explanation I've seen so far. I also wish that Beanie Baby value would increase like that.
@mikyonmars
@mikyonmars 3 роки тому
"Don't worry hedge funds, eventually all this money will trickle down to you" ..soooooooo good! haha
@jc.1191
@jc.1191 3 роки тому
😂😂😂😂😂🤣👍
@spaceface320
@spaceface320 3 роки тому
Those poor poor widdle billionaires, take our advice: pull yourself up by your bootstraps and learn how to budget better! I mean, it’s what you tell us all the time right?
@timr6492
@timr6492 3 роки тому
@@spaceface320 they could always learn to code!
@chrissiek8706
@chrissiek8706 3 роки тому
@@timr6492 less coffee and avocado sandwiches should help too 😂☕🥑
@tylerharrington4515
@tylerharrington4515 3 роки тому
Nailed it
@avedinamling8320
@avedinamling8320 3 роки тому
"It's not about the money, It's about sending a message." -JOKER
@maxfastest
@maxfastest 3 роки тому
Exactly !!
@12ajamu
@12ajamu 3 роки тому
Perfection. 👌🏾
@sdafasdfasdfsda
@sdafasdfasdfsda 3 роки тому
NOW EVERYTHING BURNS!!!!!! 🚀🚀🚀🚀💎👐
@donettatrump2025
@donettatrump2025 3 роки тому
@@12ajamu I like that
@donettatrump2025
@donettatrump2025 3 роки тому
@@sigmacassandra4365 Gary Webb wasn't he the DNC 16 winner?
@strueplay
@strueplay 3 роки тому
There's one thing that Stephen is wrong about in this segment, and it's that there was no coordination on Reddit as a whole to buy $GME. Just a lot of people who happened to like the stock.
@dewaynethomas3122
@dewaynethomas3122 3 роки тому
Wait until he realizes that is the head of the Statue of Liberty sticking out of the sand.
@josiahrodriguez8020
@josiahrodriguez8020 3 роки тому
I like hearing the chuckling in the background, it feels natural and makes me happy to have someone else thinking the jokes are funny.
@AllPileup
@AllPileup 3 роки тому
Wall Street: Let’s ruin this game company Gamers and redditors: So you’ve chosen *LOSS*
@rahi7339
@rahi7339 3 роки тому
More like do not mess with the gamers, they r used to playing game
@TraumaER
@TraumaER 3 роки тому
It has nothing to do with GameStop or a game company. The company is still going bankrupt.
@zanemccomas5599
@zanemccomas5599 3 роки тому
@lol you Idiot Not entirely true, the meme of it being Gamestop of all things was too perfect an opportunity to pass up lol the coincidence is far and away the funniest thing I've seen in years. POWER TO THE PLAYERS.
@eiyukabe
@eiyukabe 3 роки тому
I'm all for this, but it's rich that gamers think Gamestop was ever on their side. Or more specifically, that people talking about this think Gamestop was ever on Gamers' side.
@Astardis76
@Astardis76 3 роки тому
@@eiyukabe It's more a situation of "I hate my sister" but bully her and I'll go "hulk on you".
@samuelwillis4560
@samuelwillis4560 3 роки тому
"I'M SURE ALL THE MONEY WILL TRICKLE DOWN TO YOU" what a legendary line
@Brendan-Black
@Brendan-Black 3 роки тому
An evergreen statement if I've ever heard one.
@captaindred342
@captaindred342 3 роки тому
That was EPIC
@futurereflections4097
@futurereflections4097 3 роки тому
Funny Stephen is saying this now. Trump voters did this. They hate the elites just as much as you. Steven larps as someone like you. WAKE UP
@detectivemarkseven
@detectivemarkseven 3 роки тому
@@futurereflections4097 i see
@11Survivor
@11Survivor 3 роки тому
@@futurereflections4097 Exactly how do you know Trump voters did this? Even if people claim to support Trump online, it's often to troll, and there's really no way to be certain of what ballot they really cast. Moreso, Reddit is notoriously pro-democrat. And even if they were Trump supporters- They're still screwing over Wall Street, I don't have a problem with that.
@havable
@havable 3 роки тому
I like how everyone is calling this "punishment" but frankly all they did was see that the market was artificially out of whack because of a few Big Shots and they called the big shot bluff.
@EricinSoKo
@EricinSoKo 3 роки тому
Did she not at all think about how chasing after someone yelling: "I have a concealed carry permit, I'm a gun owner" might come across as a threat? I like owning and shooting guns, can you please stop being stupid and making my position difficult to defend?
@-._.-KRiS-._.-
@-._.-KRiS-._.- 3 роки тому
It was like the guy who tried following myself, my partner and our baby when we went for a walk one evening. "I'm armed but don't worry, I have a permit." Like, dude, this is a red state, I assume everyone is armed but following us when we have a baby and making it a big deal that you have a gun on you? Of course that is going to be seen as threatful.
@chrissyisediting369
@chrissyisediting369 3 роки тому
The Rich to poor people: Stop crying about being poor and just invest your money into stocks like us its the free market for a reason 😒 The poor: Ok sure 😁 The Rich: WAIT NO-
@thatindiandude4602
@thatindiandude4602 3 роки тому
And yet, business media is vilifying the Reddit users. And the government will bail out the rich.
@CurlSef
@CurlSef 3 роки тому
@@thatindiandude4602 because all the billionaires own these hedge funds and media groups so they’re running pro billionaire propaganda 24/7 to make it seem like they’ve always been the good guys and they’re the victims
@thatindiandude4602
@thatindiandude4602 3 роки тому
@Kent Peet COVID proved to me the economy is just a house of cards
@thomasgrabowski2202
@thomasgrabowski2202 3 роки тому
*insert massive explosion here*
@CurlSef
@CurlSef 3 роки тому
@@thatindiandude4602 2008 proved to me that the economy is just a house of cards. Covid solidified it.
@Volnas97
@Volnas97 3 роки тому
Hedge funds executives: No, you con't manipulade market like that Redditors: Hold on, this whole operations was your idea.
@glenngriffon8032
@glenngriffon8032 3 роки тому
"We learned it by watching you!"
@markfoster1520
@markfoster1520 3 роки тому
@@glenngriffon8032 Oh, that's good.
@sonofagun8832
@sonofagun8832 3 роки тому
ukposts.info/have/v-deo/hJWqeoulj5uHz6M.html
@TheNecropolis20
@TheNecropolis20 3 роки тому
there restricting purchase of the stocks $GME , $BB and $AMC traders will need to hold the line and have Diamond Hands 💎🙌
@boomerremover352
@boomerremover352 3 роки тому
@@TheNecropolis20 true. By restricting, theyre basically creating a war of attrition. Are we gonna fold first by selling? Or are they gonna fold first by cutting restrictions? A war of attrition is exactly what we want. We own the shares, so our lives are pretty unaffected if we don't move. We can't lose any more money than we have put in. But they BORROWED their shares and have to pay interest on them. The longer they wait, the more money they bleed.
@JM-cm6yf
@JM-cm6yf 3 роки тому
When the Hedge Fund Managers bought these shorts, they agreed to expose themselves to an "unlimited" potential for losses. Those are the rules for buying PUT Options. They need to be held to that standard. It is the standard that everyone is held to when buying PUT Options. If there are different rules for "them" (when it suits) them vs "the rest of US", please let us know so that we can pull ALL our money out of the market! If the markets aren't held to the rules, it's fraud.
@nicholaswalker3200
@nicholaswalker3200 3 роки тому
this is my favorite thing right now... honestly this story is just good for my soul
@300DBenz
@300DBenz 3 роки тому
Remember: it’s only “Class Warfare” when the “lower” classes hit back!
@santyclause8034
@santyclause8034 3 роки тому
And so much for the 'free' market.
@TogetherAtLast
@TogetherAtLast 3 роки тому
Exactly. But it’s not class warfare to kick the poor around. Smh.
@ricksflicks-
@ricksflicks- 3 роки тому
Bingo. We have a winner.
@FatNebraskaMom
@FatNebraskaMom 3 роки тому
Exactly. Otherwise business as usual. Us getting stomped.
@ladyjatlpoweradiocom
@ladyjatlpoweradiocom 3 роки тому
I am living for this so much. The rich keep getting richer and they are so arrogant about it makes me sick. I just want a heads up on the next “investment”.
@Leonaza7
@Leonaza7 3 роки тому
Rich people: We made a risky bet & got outsmarted by Reddit. Gov needs to bail us out
@ryeryeryerye
@ryeryeryerye 3 роки тому
funny that they got outsmarted by some people who call themselves virgins lmao, I'm with reddit on this one. Also, I always see you in the comments
@crapstirrer
@crapstirrer 3 роки тому
They should start learning how to budget. That's what they're always telling us.
@dHolbach77
@dHolbach77 3 роки тому
Wall/K street have been using OUR taxpayer money via the GOP's welfare/socialism for the rich handouts for decades. About time We the People rose up and took some of our power back!
@WindFireAllThatKindOfThing
@WindFireAllThatKindOfThing 3 роки тому
Pitchfork Capitalism
@ryeryeryerye
@ryeryeryerye 3 роки тому
@@dHolbach77 it's time they pay for their tax evasions, and their advantages from lobbying and corrupting politicians
@KartiacKID
@KartiacKID 3 роки тому
4billion dollar loss to hedge funds Hedge funds: “Tis but a scratch”
@danielsullivan7018
@danielsullivan7018 3 роки тому
Does money trickle up? It sure as hell doesn't trickle down.
@ReneSchickbauer
@ReneSchickbauer 3 роки тому
Banks: "We want every U.S. citizen to buy stocks and invest in the economy." Reddit: "OK, let's go"
@willdejong7763
@willdejong7763 3 роки тому
Funny thing is, the ONLY time an investment actually helps the economy is when NEW shares are sold. Think IPO. And wealthy people are the only ones who get a chance at that first purchase. All of the trades after that mostly just make the wealthy wealthier. So when they say they want everyone investing what they are really saying is that they want everyone giving them money. Not that you shouldn’t invest, you should because you can and probably will make money in the long run. But that’s not why the brokers want small investors in the market.
@ReneSchickbauer
@ReneSchickbauer 3 роки тому
@@willdejong7763 Even the IPO is questionable. Yes, the company gets a lot of capital, but many if not most companies also loose their ability to think and act long term. After the IPO, it's always short term stuff to shore up the next quarterly report and long-term stuff is seen as bad because it costs money now but may not bring in profit for years or even decades....
@willdejong7763
@willdejong7763 3 роки тому
@@ReneSchickbauer Yeah, I total agree with the point you are making about publicly traded companies focusing too much on short term financial statements to the detriment of the companies' long term performance. I guess my point was that all of the trades that happen after the company releases shares to the market, that these trades do not directly benefit the company. One investor buys and another sells, but the company doesn't get any of that money. So how are stock trades helping the economy? It's indirect at best.
@jc.1191
@jc.1191 3 роки тому
@@willdejong7763 many ipos go south at first too tho, but yeah totally.
@guntherdergarstigeganter6431
@guntherdergarstigeganter6431 3 роки тому
Banks: "No, no, no, no, thats not how you were supposed to do it"
@eXcludeyStarling
@eXcludeyStarling 3 роки тому
“That’s an embarrassing way to admit you’ve never heard of lightning” 😂😂😂
@thomasgrabowski2202
@thomasgrabowski2202 3 роки тому
"lasers"
@SydMontine
@SydMontine 3 роки тому
I cackled
@mistahoward9772
@mistahoward9772 3 роки тому
It's called a direct energy weapon. There are Boeing and lockheed Martin promo videos here on 'YT about the tech, at least 6 months ago anyway.
@vrogue8026
@vrogue8026 3 роки тому
Isn’t that what happened in “trading places” with Eddie Murphy and Dan ackroyd when they broke the richest guys in the stock market
@Wailwulf
@Wailwulf 3 роки тому
Well, on Trading Places, the rich guys were using illicit information and Eddie Murphy and Dan Ackroyd's characters gave them false illicit info, so the 'rich guys' would bet wrong.
@nexusyang4832
@nexusyang4832 3 роки тому
"Can't stop, won't stop. GameStop."
@dannytheman1313
@dannytheman1313 3 роки тому
So basically they dont like it when we take their money.
@megahappy2bemeIntheStarz
@megahappy2bemeIntheStarz 3 роки тому
Gee, so sad-😂🤣
@YamiHoOu
@YamiHoOu 3 роки тому
"their" money haha
@BraveFencer
@BraveFencer 3 роки тому
They like to play with fire but don’t want to get burned
@futurereflections4097
@futurereflections4097 3 роки тому
No you missed the point that Steven literally laid out. When the rich take money from the working class they are fine. When the working class makes money off of the rich they are White Supremacist Trump Supporters!! #wakeup
@icebergrose8955
@icebergrose8955 3 роки тому
Lol boo hoo. Hope this is just the beginning.
@XWBgaming
@XWBgaming 3 роки тому
"It's not about the money, it's about sending a message" -Joker, 2008
@hydrathedaydreamer
@hydrathedaydreamer 3 роки тому
Hell yeah! I'm getting real Joker vibes cuz of how 2021 started.
@StyxTBuferd
@StyxTBuferd 3 роки тому
This is what makes me uneasy about the whole thing. Joker is not a hero, you're not supposed to sympathize with him. I have no sympathy for the hedge fund guys, but I'm incredibly shocked that people are so ready to accept this brand of alleged vigilante justice. I don't want to put faith in a bunch of memers who have the power to target anyone they disagree with. You don't get to call it justice when you directly profit off of someone's loss. Again, no sympathy for the hedge fund assholes profiting off killing a company- they should have been reigned in years ago- but I hope we can see that this exposes a major flaw in our trade practices that both sides of this altercation are legal. Neither should be.
@Wandererplay
@Wandererplay 3 роки тому
@@StyxTBuferd The whole Joker concept went over your head very quickly. It's an anarchist sentence, nothing wrong about it. Let them bleed or eat cake, whatever float your boat
@serenityinsilence
@serenityinsilence 3 роки тому
@@StyxTBuferd the joker wanted to expose Hypocrisy and down right deception in main stream society. That sounds pretty noble to me.
@duddude321
@duddude321 3 роки тому
@@StyxTBuferd They aren't really profiting. No matter what the GS stock price reaches GS is still a burning dumpster of a company. Those stocks won't pay dividends worth a damn and no wise investor will buy them off these Redditors. GS might be saved by this influx of capital, but barring some major changes to policy everywhere from Corporate to Retail, some major PR recovery, and some improvement in the market the company is still heading for bankruptcy.
@MrBurrito
@MrBurrito 3 роки тому
It's so weird not hearing a studio audience laugh during a monologue.
@grahamaustralia
@grahamaustralia 3 роки тому
Refreshing! I don’t need others to tell me what’s funny and when to laugh...
@mikagami69
@mikagami69 3 роки тому
No it's actually fine
@Tudorgeable
@Tudorgeable 3 роки тому
Weird how years of brainwashing can affect our perception.
@Happyisboss
@Happyisboss 3 роки тому
"I carry a GUN f- uh, for uh... Protection!"
@CurlSef
@CurlSef 3 роки тому
Billionaires: “If you don’t like being so poor then why don’t you just invest money into the stock market.” Regular people: “Okay.” Billionaires: “😡”
@ZackestTV
@ZackestTV 3 роки тому
"dumb money" lmao
@CurlSef
@CurlSef 3 роки тому
@@ZackestTV you know, for money that’s so “dumb” they sure did manage to outsmart the fuck out the billionaires. Ironic, isn’t it?
@DaDunge
@DaDunge 3 роки тому
They're not doing this to earn money though. They are doing it to send a message.
@CurlSef
@CurlSef 3 роки тому
@@DaDunge I know but they are trying to spin it as if we are.
@volcryndarkstar3283
@volcryndarkstar3283 3 роки тому
@@DaDunge Is that illegal? I'm sorry, I thought this was America.
@janniecorrect3972
@janniecorrect3972 3 роки тому
Billionaires: end these peasants... Reddit: *Uno Reverse* 🔄 We did say eat the rich and leave no crumbs... I’m so proud of our generation.
@claireconover
@claireconover 3 роки тому
I’m proud too, and I’m not part of your generation.
@rileylabski
@rileylabski 3 роки тому
💎👐💎🚀 LET. THEM. BLEED. OUT.
@peterfitzgerald7327
@peterfitzgerald7327 3 роки тому
oh yes, and let them eat the crumbs of our cake...
@DJINN987
@DJINN987 3 роки тому
Me too! We are really challenging their set norms🚀🚀🚀👐🏽💎👐🏽💎👐🏽💎👐🏽
@angryveteran2018
@angryveteran2018 3 роки тому
As an elder millenial (35), I'm really proud of us. Being tech savvy and compassionate is really working out well, despite us inheriting a world that is literally on fire. Good job, everyone!!!
@nancylaplaca
@nancylaplaca 3 роки тому
Stephen Colbert you rock. Thank you for keeping us sane these many years of cray-cray.
@boopsnootandboogie
@boopsnootandboogie 3 роки тому
"Free market" until the wrong guy starts winning
@davidb2711
@davidb2711 3 роки тому
Correction: Robinhood prevented the ability for retail users to buy more GME but still allowed retail investors to sell. Giving the hedge funds shorting a massive advantage in limiting thier potential losses. Hedge funds were the only people 'allowed' to buy so they bid the price lower.
@Brendan-Black
@Brendan-Black 3 роки тому
Of course they did. SMH. It's infuriating. They got beaten at their own game. Too bad, so sad. They should have to take it on the damn chin.
@ya4girls1
@ya4girls1 3 роки тому
Only on Robinhood people are using cash app and others. The fun isn't over yet.
@YamiOni
@YamiOni 3 роки тому
Wait... Isn't _that_ market manipulation?
@missparklyunicorn
@missparklyunicorn 3 роки тому
@@YamiOni yup
@medleyshift1325
@medleyshift1325 3 роки тому
@@YamiOni it's double fun time manipulation if you consider that robin-hood is owned by hedge-funds with bad positions.
@R.M.MacFru
@R.M.MacFru 3 роки тому
And what really needs to be investigated is Robinhood's refusal for trading in that stock which is....wait for it..... illegal!
@myname9130
@myname9130 3 роки тому
The SEC is apparently looking into it. The movement already had support from senators like AOC and Bernie Sanders
@-jc8578
@-jc8578 3 роки тому
Yea from the online posts i have seen it seems like Robinhood has gone way more far than this. Seems like they have sold the shares of the small holders back to the Hedgefonds for the lowest price WITHOUT THEIR PERMISSION !!! (I personally can not say if the reddit post were real but if so... thats very very much market market manipulation)
@Tunitgreen
@Tunitgreen 3 роки тому
They allowed users to SELL their stock but not BUY thereby creating a one-sided market which benefits the hedge funds with the short position. Massive conflict of interest for the Citadel (hedge fund) backed Robinhood.
@ruralcounsel
@ruralcounsel 3 роки тому
And for selling clients stock without their permission!
@hawlitakerful
@hawlitakerful 3 роки тому
@@myname9130 this shouldn't need political support from whatever side. The law is pretty clear in that case. What they exactly did not so much but the SEC investigating is at least a sign that there is some serious concern of at least something shady going on and some sort of litigation coming up.
@cringeusername9705
@cringeusername9705 3 роки тому
I shot the laser. Just couldn’t hold it in anymore.
@paulcarlton598
@paulcarlton598 3 роки тому
"Ya gotta pick yourself up by your coke straps." XD Nice.
@alyamahawilliam6624
@alyamahawilliam6624 3 роки тому
The “trickle down” return? Priceless.
@lowellwilliams2850
@lowellwilliams2850 3 роки тому
yeh for real !
@kimbow
@kimbow 3 роки тому
That was good! Got me grinning in glee! Lol!
@Pt-fw3ij
@Pt-fw3ij 3 роки тому
Trickle down works. You just have to make the rich bleed first.
@granville7
@granville7 3 роки тому
just love how Stephen extends a middle-finger to these wall street jerks for the whole monologue. wall street is another example how the rich operate: the moment their system is turned against them they call for help from the government
@claudermiller
@claudermiller 3 роки тому
They're getting a $1,400 stimulus check soon. That should tide them over.
@acapps6341
@acapps6341 3 роки тому
Lol! Exactly!
@kelvinwalker2394
@kelvinwalker2394 3 роки тому
Well,the check has been promised When it actually gets sent in the post is another thing.
@curiousnerdkitteh
@curiousnerdkitteh 3 роки тому
I'm sure they've gotten more than their fair share in tax cuts
@SFSAdriana
@SFSAdriana 3 роки тому
😂😂😂😂😂😂
@CloudsGirl7
@CloudsGirl7 3 роки тому
Ha! 😁
@MrOwnick
@MrOwnick 3 роки тому
I know every nerd has said this but man "power to the players".
@brenna_boop6341
@brenna_boop6341 3 роки тому
This whole GameStop situation really reminds me of Trading Places and I’m loving it
@Robbins996
@Robbins996 3 роки тому
All joking aside, I’ve been so confused by the GameStop story but the beanie baby analogy is easily the best explanation I’ve heard.
@FriedrichHerschel
@FriedrichHerschel 3 роки тому
Actually, it's even worse. They had shorts on way over 100% of availabe "beanie babies", so even if they bought them ALL, it would not have been enough. They were betting not only on dropping prices, but also on the stupidity of people re-selling them the "beanie baby" for a second time - with a loss.
@floradiamonds
@floradiamonds 3 роки тому
Nope. Still don't follow. Think I should stick to the day job and be glad I've never had enough money to risk losing any. I love you and your explanations for things, Stephen, but I can honestly say, right now, I can't remember being this confused since someone tried to explain binary to me. Or teach me chess. Still can't play it..
@FriedrichHerschel
@FriedrichHerschel 3 роки тому
@@floradiamonds The original idea is simple. Person A owns a piece of paper, worth 10 $. Person B comes along and asks Person A to lend him this paper, for a 1$ fee and he'd get it back in 30 days. So person A agrees, and person B sells that piece immediatly to Person C for 10 $. He gives 1 $ to Person A and still has 9 $. All he has to do now is wait 30 days and look if the price for that paper falls below the 9 $ he still has. Say at day 28 the price for the paper is now at 8 $. Person B will buy it, give it back to person A, and still has 1 $ over - his profit. There's only a tiny problem: what if the price does not fall? Say it's day 30 and the price is at 20 $. Now you have to buy the paper for that price, and get additional 11 $ out of your own pocket to do so.
@jamesjpak
@jamesjpak 3 роки тому
really? Confused? Lemme make it simple for you: these hedge fund managers lost to people who learned to play their game better. And now they're crying. And the government wants to wipe their tears.
@randomdaveUK
@randomdaveUK 3 роки тому
@@floradiamonds To put this in perspective, if you'd bought 1 share at $15, you'd now have $350. I've seen people who owned 3k of GameStop in December, now sitting on 100k ish. Crazy times.
@shadow759
@shadow759 3 роки тому
This was the best example on what is going on with Reddit/gamestop ever.
@patrickfrohling6991
@patrickfrohling6991 3 роки тому
Retail investors found out hedge funds are betting GameStop will go bankrupt. They then try and force the stock to go down by “shorting” the stock. Shorting is mean. Retail investors buy lots of shares in GameStop driving the price up and causing the hedge funds to lose billions. Retail investor = good. Hedge fund = bad
@loonyleper
@loonyleper 3 роки тому
This is an equally/superior distillation of information, kudos 🤙
@allnoyz7895
@allnoyz7895 3 роки тому
People buying this garbage stock will get destroyed... Checkers players on a chess table. Stay away!!!
@streetpeter3210
@streetpeter3210 3 роки тому
@@allnoyz7895 look up u/deepfuckingvalue dude. The guy went from 22mil-47mil overnight and took out 13.8mil for themselves.
@allnoyz7895
@allnoyz7895 3 роки тому
@@streetpeter3210 How much money did you make after exiting your position? That's all that matters. Hahahah...you actually wrote cuss words.
@HimanshuSharma-ir3is
@HimanshuSharma-ir3is 3 роки тому
This was the smartest opening performance I've ever watched. Adam Smith's invisible hands are clapping for you Stephen. 🙌
@gabrielkwiecinskiantunes8950
@gabrielkwiecinskiantunes8950 3 роки тому
I love how much effort was put into game culture and memes during the segment.
@sczarnecki5887
@sczarnecki5887 3 роки тому
These people don't care when they literally ruin peoples lives but when you mess with THEIR money they start crying foul.
@g0679
@g0679 3 роки тому
They must feel that their own lives are ruined. Even when their lifestyle doesn’t change a whit.
@smallstudiodesign
@smallstudiodesign 3 роки тому
Hedge funds don’t mess with their own money, the mess with other’s money. When they’re shorted, they snort, ‘cuz they’re on the line to cough up, big time.
@karmakkaze
@karmakkaze 3 роки тому
Never underestimate a gamer. They are used to working as a team, playing the long game and killing their opponents.
@ScorpioMystik07
@ScorpioMystik07 3 роки тому
This!!!
@Ms_Kymm
@Ms_Kymm 3 роки тому
This is my favorite episode about the GameStop story! I keep coming back to watch it again.
@HelloSherry37
@HelloSherry37 3 роки тому
And here I was hoping all the crazies would go back and hide in their underground holes 🤦‍♀️
@AntoniusTyas
@AntoniusTyas 3 роки тому
Rich people: Invest, not spend Poor people: No Rich people: Invest, not spend Poor people: No. Poor people: ... Okay, we invest Rich people: ... Rich people: WAIT NO--
@adamchristopher6917
@adamchristopher6917 3 роки тому
Everyone else: where’s my popcorn?
@anti_neon8910
@anti_neon8910 3 роки тому
@@adamchristopher6917 I’ve been in the sidelines and laughing my ass off at all this.
@gateauxq4604
@gateauxq4604 3 роки тому
CHECKMATE CONSERVATARDS
@fuzzymurdermittens
@fuzzymurdermittens 3 роки тому
The best part is knowing that a significant number of the redditors are doing it purely for fun and comeuppance's sake, and consider the price of their stocks more like a movie ticket than an investment that will pay out.
@futurereflections4097
@futurereflections4097 3 роки тому
T***p voters did this btw. Just FYI. They got banned on discord for “hate speech”
@damiandraven699
@damiandraven699 3 роки тому
For those who say the gamers are messing with people's 401ks remember this: those hedge funds are using your 401k money to drive down the stock of something THEY DON'T EVEN OWN!!! that's not investment, selling short is actual stock manipulation. So don't hate the gamer...hate the 🎮!!!
@chloekey8043
@chloekey8043 3 роки тому
Rich whining about regular people making money. Disgusting.
@CoffeeSnep
@CoffeeSnep 3 роки тому
The 401k argument is always the dumbest one. Those folders are diversified all the way to Hell and back. Nothing short of am overall market depreciation, recession, or crash is going to pull them down.
@damiandraven699
@damiandraven699 3 роки тому
@@CoffeeSnep that or poor management of those hege funds
@michaeld4861
@michaeld4861 3 роки тому
lol plus nobody is going to have a 401k that bets on short selling... that's just ridiculous and not a good retirement strategy. Besides the billionaires will just get bailout money anyways, unlike the poor people.
@mcdingus5081
@mcdingus5081 3 роки тому
Oh, I have a big, juicy 401k and I can tell you this: I could care less if I lose some money because of what has happened- it's worth it. Nobody wants to stick it more to the elitists in this country than me. I can't wait to see the politicians that try to protect those bums too, if they rear their ugly heads. I hope it will expose everything. Now on the same token, I'm really hoping this makes the market a more balanced and fairly run system. I hope the struggling companies can avoid the fate of worthless stocks when they are being bullied out of existence by a bunch of greedy investors. And I don't want this to kill short selling- I just want it to be based on free market principles, not a rigged system. And don't let the lefties tell you this is because of free markets- it's not, it's the opposite.
@bradsanders6954
@bradsanders6954 3 роки тому
Remember kids "Investing is a gamble!"..............haw haw gaming hedge fund managers is hilarious!
@The4Tifier
@The4Tifier 3 роки тому
With people on the internet being able to start movements like this, I see internet censorship and reduced privacy becoming more of a thing....
@typicalgamerkid1012
@typicalgamerkid1012 3 роки тому
Its already happening years ago, if not until the 2000s, search up the "censorship in china" The chinese government censored some social media and most international media because of torture of minority groups by the government.
@dewaynethomas3122
@dewaynethomas3122 3 роки тому
Don't you remember Edward Snowden? America lost it's privacy years ago. They jsut don't have the manpower to track it all in a meaningful way.
@-._.-KRiS-._.-
@-._.-KRiS-._.- 3 роки тому
Cue the ads for NordVPN.
@Omega0850
@Omega0850 3 роки тому
"It will trickle down eventually." Didn´t have a laugh that hard for a long time.
@DarioBeloMarques
@DarioBeloMarques 3 роки тому
That statement made the whole segment!
@kitcoffey7194
@kitcoffey7194 3 роки тому
It's funny because TRICKLE DOWN ECONOMICS DOESN'T WORK
@Lhawk2107
@Lhawk2107 3 роки тому
This is the world telling the hedge funds to go “ “FUND” THEMSELVES “ ! Enough of betting on human misery !!!
@Gottwtf
@Gottwtf 3 роки тому
Cant wait for the South Park Episode about this.
@savenetneutralityanti-repu7029
@savenetneutralityanti-repu7029 3 роки тому
It would be funny if some of the hedge fund companies went out of business because of this and suicidal millionaires started jumping out of windows!
@anjagovednik1194
@anjagovednik1194 3 роки тому
i’m convinced a loaf of bread could become a congressperson at this point
@mikagami69
@mikagami69 3 роки тому
Vote Ficus in 2022!
@marygoround1292
@marygoround1292 3 роки тому
That shout out to Mel Brooks was everything I needed.
@HobbesHobbiton
@HobbesHobbiton 3 роки тому
Billionaires: Just invest that $600 stimulus, sweetie Poor People: ** Billionaires: No, that's not how you're supposed to play the game! 😭
@emeraldtabbycat148
@emeraldtabbycat148 3 роки тому
This reminds me of The Dark Knight, when the Joker demands one boat blow up the other, to save themselves. Resulting in neither complying, thereby proving that neither was as self serving or vicious as the Joker suggested.
@Koryogden
@Koryogden 3 роки тому
*slow motion* nooooouuuuuu donnnnttt inveesstttt thatttt...
@dandiaz19934
@dandiaz19934 3 роки тому
@@emeraldtabbycat148 Except billionaires are not on the same moral ground as regular people trying to flip them off?
@ekdaufin1485
@ekdaufin1485 3 роки тому
Poor people are too busy trying to keep an address for the check to come to to invest it. 🙄. Working class doesn’t have $ to invest! You mean lower middle class and up!
@JackgarPrime
@JackgarPrime 3 роки тому
Power to the players
@j-dubb614
@j-dubb614 3 роки тому
Reddit is finally giving the gamblers a black eye, something that we failed to do in the occupy wallstreet movement.
@GeorgeCostanzo
@GeorgeCostanzo 3 роки тому
You need to play the same game on the same field and beat em there. That is what people need to realize, Occupy was a good for bringing some attention. But no one snorting coke of some hookers ass during lunch break is changing there ways because some hippies camp in front of their house.
@gorgeouszan
@gorgeouszan 3 роки тому
The occupy wallstreet movement was pretty dumb to be frank. It was a disorganized mob with delusional beliefs. What's happening on reddit right now is people saying hey, instead of just whining about it, we can play this game too and this will actually make them bleed.
@codediporpal
@codediporpal 3 роки тому
Most of these reddit people are going to lose a lot of money. They've chosen to gamble themselves, and will lose.
@GeorgeCostanzo
@GeorgeCostanzo 3 роки тому
@@codediporpal even if some miss the squeeze, what then? They own some shares of a company that probably will do pretty well in the future.
@wolfgangjr74
@wolfgangjr74 3 роки тому
@@codediporpal because playing the "short" game isn't gambling right?
@jamesbiggs6643
@jamesbiggs6643 3 роки тому
Gamers legit found the money glitch in real life and exploited it like they would in a game ahaha
@marks8437
@marks8437 3 роки тому
So good, Stephen, I truly appreciate your comedic talents; your never fail to make me heartily laugh out loud. Cheers!
@Typhis19
@Typhis19 3 роки тому
lmao "the invisible hand of the market extending you a middle finger."
@pbjent
@pbjent 3 роки тому
"On the other hand.." I thought the other hand would extend its counterpart too.
@aspuzling
@aspuzling 3 роки тому
Or in Louis Rossman's eloquent words: "it's the invisible hand of the market fisting you in the ass"
After Four Nights Of Nonsense At The RNC, We're Getting Off This Emotional Roller Coaster
13:01
The Late Show with Stephen Colbert
Переглядів 3,2 млн
GAMESTOP DRAMA, EXPLAINED (with Pokémon cards)
15:25
Johnny Harris
Переглядів 935 тис.
Піхотинці - про потребу у людях
00:57
Суспільне Новини
Переглядів 1 млн
Mask-Holes Like Tucker Carlson Undermine Efforts To End The Pandemic
14:51
The Late Show with Stephen Colbert
Переглядів 1,7 млн
Reddit vs Wallstreet - GameStop, The Movie
26:40
ColdFusion
Переглядів 3,5 млн
As Joe Biden's Inauguration Approaches, The Fascist Threat Is Growing
12:17
The Late Show with Stephen Colbert
Переглядів 3,9 млн
Exactly What You Thought, But So Much Worse Than You Imagined
15:39
The Late Show with Stephen Colbert
Переглядів 1,9 млн
How Redditors Exposed The Stock Market | The Problem With Jon Stewart | Apple TV+
16:34
The Problem With Jon Stewart
Переглядів 3,9 млн
The Absolute Chaos of r/Wallstreetbets
18:11
big boss
Переглядів 5 млн
Trump Won't Let Covid Stop His Campaign, Keeps Mike Pence On The Trail Amid New Staff Outbreak
12:22
The Late Show with Stephen Colbert
Переглядів 2,1 млн
Jimmy Kimmel Reveals His Plan to Drive Trump Insane if He Gets Convicted
8:24
Late Night with Seth Meyers
Переглядів 155 тис.
Student Loans: Last Week Tonight with John Oliver (HBO)
30:02
LastWeekTonight
Переглядів 3,7 млн
Keith Gill delivers his testimony at GameStop hearing: 'I like the stock'
5:24
Не она выбрала его, а он её
0:21
Up Your Brains
Переглядів 1,2 млн
Все сделали сальто😳
0:31
WORLD TOP
Переглядів 14 млн
Гумор від ЗСУ
0:11
такое
Переглядів 601 тис.
ПЕЙ МОЛОКО КАК ФОКУСНИК
0:37
Masomka
Переглядів 2,9 млн
БАССЕЙН (смешное видео, юмор, приколы, поржать)
1:00
Натурал Альбертович
Переглядів 5 млн