Something I want to make clear, I made this video when they had about 1 million members, they now have almost 9 million members and have completely changed their moderation team. The group has grown almost nine times its original size. I do not recognize it anymore. I do not recognize the group that at one point, recommended that I take a good look at securities that had potential like ICLN prior to the election. It now is a group of people, screaming about one stock, in this diamond hands never sell ever ever ever way... that is insane to me. in this video, I mentioned that I do not always agree with them on everything. but I feel the need to say at this point in time, that this is not the group that I remember going to anymore. I don't think any group can grow it's size 900% in a week and retain it's initial characteristics. this appears to be a shell of its former self.

You could say they're trying to... controlthenarrative

When Wall Street does it, it’s ok. When normal people do it, it’s market manipulation

15:50 "A person that works all day has no time to make money" holds very true here. If you are at a job 8 hours a day, you are preoccupied by your job. If you sit around all day you get creative - or bored to the point where such a activity is no longe mindnumbing to you

hedgefund managers getting played at their own game OH NO THAT SUCKS

The media portraying investors with billions as poor little victims is hilarious

"She sold short shares on the seashore....."

Thanks again for your insights. After spending several years in the industry, and being fully aware that doing the opposite of what the neophytes are doing, will always keep me financially sound. There is a great old expression on Wall St. " bulls and bears will always get fed, pigs will always get slaughtered." Most funds have specific parameters they follow (if they are disciplined). When I had clients, my rule was the stock goes against us 8%, I don't care if it goes $2000000 the next day I bought it wrong. We sell the stock, lick our wounds and move on. Understanding your thoughts and being in agreement with 96% of those thoughts is why I am adding this for your viewers. They short the stock, they're borrowing shares which they're going to have to pay money is fees or interest on that amount of shares that they borrowed. Now the situation arises where these guys get together on these platforms and do what they're going to do, so now they're buying the stock. Now there's three sets of shares in a sense that can also be borrowed and sold short. Adding fuel to the fire. First of all this is definitely signaling guy Market top this will be the third major major correction that I've been involved .I mean major correction like 08, 2000 and 87.That said, an Institutional Trader, meaning somebody that works for Fido, Vanguard, Etc. These people get fired for a being that negligent. In the case of the hedge fund managers. if I know myself if I had money with hedge fund manager and the losses at the end of the year if you know made it where instead of me making 20% I only made 6%, I I pull my money out of the account saying this guy's a cowboy, Renegade, or flat-out, a gambler. I watch this game stop Trade I watched AMC trade. I was watching dozens of two three four hundred thousand chair tranzactions going by the time I had seen a few million million and a half share transactions go by. This is when Gamestop was you know, like three hundred bucks. Do the math. These guys are buying that much, that many options, the market makers the Brokers, they have got to go out and purchase at stock. By the way, the love the fact that you you can make fun of yourself. Yeah you're a jackass, like I'm Alex karp. keep doing what you're doing by the way you speak well. Much success. JD

The elite doesn't like when they get played at their own game

When normies do what the elites do, expect the elites to do whatever it takes to stop them.

You explained everything so beautifully and clearly except *the gloves*.

“Institutional” I can’t get that word outta my head. What a corrupt “institution”

Funny how they kept halting all morning while the price is rocketing and claim it's due to "volatility" but when the price tanks almost $100 there's no halt.

One thing that's still a bit inaccurate here - the attention on GME didn't actually start with "hey, this is way over shorted, let's fuck with the greedy hedge funds". It actually just started with a guy who was really into gaming speculating on the future of gamestop after they acquired new management and changed their business strategy. Like, they're actually changing how they operate to become more of a space to play games than just a retailer, borrowing from the success of gaming cafes and the like, as well as moving into physical games like board/tabletop/card games. As I understand it, they want to become the new "Local Game Store". _That's_ what started this - a guy did some research, posted it online along with his _very long_ term options calls that he dumped his life savings into, some called him a retard for a couple months while some actually looked into his research and agreed and bought in, those modest increases made for large gains on his calls, he doubled down, it turned into a meme, people started buying, the hedges started freaking out, and _then_ the fact it was shorted at 130% of its market cap became widely realized and people started tripling down just to spite the hedge funds as they started to blatantly manipulate the price to save their asses. Just wanted to point this out because even framing it as "a bunch of kids called out greedy hedge funds for being shitty" is still a favorable interpretation for the hedge funds. It started as someone literally doing what they always tell you you're supposed to do - stick to businesses you know, do your own market research, and make informed decisions. What spooked the institutional investors is that this generally bullshit advice finally actually worked for someone who wasn't already "in the club".

4 years of Trump: "He says mainstream media can't be trusted, what a LIAR!" 4 days of GME: "Mainstream media can't be trusted, what SHILLS!"

He's like an intelligent Joe from Impractical Jokers

If hedge funds are short on a stock, it is immoral to go long and hold onto your position (in their own words). The hypocrisy should be appalling. These guys dont feel bad about the families of people working at the companies they are shorting into the ground; they're only upset because now its happening to them.

Much better explanation of this than the finance YTers I've watched.

Little guy sticking it to the man! Fantastic thing to see unfold!

Shorting at over 100% could not possibly be legal, could it?

*It's not about the money.. it's about sending a message.*

This is hilarious. Institutions have been manipulating the markets for years to make a fortune at the expense of retail plebes. Now they are mad when there is one instance of it happening to them? I don’t have any gme, but I hope it keeps going up long enough to make them give up and cover their shorts and get rekt.

that over 100% short-selling is actually illegal, called "naked shorting"

The things that Americans choose to protest/riot over, but completely ignore stuff like this...

This is the best “Explain like I’m 5” I’ve seen. A lot more people need to see this!

They got too greedy, now they have to pay the greed tax.

This is probably the most entertaining and well-described video explaining this hilarious incident. Subscribed and I can't wait to see what other content you have to offer.

The wolf of reddit is gonna be a movie about this event I bet 20 years it will release haha

Joke that made me die on WSB: I'm not selling until my wife's boyfriend tells me to and let's just say we are not on speaking terms.🤣🤣🤣

"It's not about the money, it's about sending a message"

This is such a great explanation. These are terms I’ve always heard, but didn’t fully understand. Subbed

What really made this go out of control was that the institutional investors had to compete with each other to buy less stock than they needed to buy. What wallstreetbets did was just give it a nudge upwards. The rest was the hedge funds running to cover their own butts.

The dudes at the big boy table are mad some sewer goblins with a gambling addiction are pissing in their champagne

Hedge funds: *WE CAN'T **_BELIEVE_** YOU LET US LET YOU DO THIS*

they are only claiming one side of the equation, that people buying the stocks and driving the price of the share price up. what they are not talking about is the short selling to drive the price of the stock down. and the problem these big wall street hedge fund managers are having is that they are way way way over extended and borrowed way more than the total stock, and people have bought real stock and are hanging on to it, meaning that they can't get out while the price is going up and up as there isn't the stock to buy to cover the short sell, so every share that comes up for sale is being bought to cover the short, and as brokers really don't want an infinite debt, they are buying at whatever price they can get it at. when there is over 100% short sell and people sit on the stock waiting for the price to go up, the short sellers can't buy that stock to get out, all they can do it sit back and watch the price go up and up and hope that someone sells their stock to their buy order, and as other short sellers are sticking in higher and higher buy orders, they need to up the amount they will pay for the stock to try and limit their losses.

Their Niche has 'successfully' been invaded and they raging.

A guy on MSNBC deadass said "Executives are people, they have feelings."

The greed and awareness goes even deeper. I'll explain I was part of the early wave of analysts that checked out gamestop in october and realized the massive short imbalance against a not-bad company could be profitable. We bought up hundreds of thousands of shares of stock in october hoping to sit on them but also drive the price up a little, maybe a few cents. But then an interesting thing happened. Just as we bought up our shares, hours later, a massive number of "put" options were purchased against us. "Put" options are a type of financial instrument that is similar to shorting, it lets you profit off of downward moves and also drives the price down. It also caps losses. It's essentially shorting but with a few protections in it. Anyway. These "put" options flooded the market and counterbalanced our share buying within hours of us buying. Someone out there with LOTS of money was ACTIVELY monitoring and FIGHTING us. They did not want the stock to go up. So it's not like they just accidentally went too far with their shorting, they KNEW exactly how far they went, but they believed they were so powerful they could fight anyone trying to buy the stock by countering them with put-options. But we kept our shares, and we helped to spread the information of how imbalanced the shorts were. More and more buyers kept coming in. But the fighting continued. Whenever there was a price increase the was a subsequent massive order of "puts" to hammer the price back down. But things broke on january 13th. Finally all of our buying overpowered the puts and the price spiked 90% before the other side was able to cough up enough puts to reign it back in. At that point WSB joined in full force and brought their buying power to catapult the stock to what you see today. All this shorting isn't simply a case of just going too far, it's active manipulation of the price as evidenced by the put-buying to counteract all of our moves. But as you say, there are too many of us now with too much time to get fooled.

I think it's called naked short selling and is illegal.

Me: *comes here to find out what’s happing to game stop* Me: well what the fucks happening in new York

Louis a real ass dude good coverage

This dude needs to testify in front of congress and explain it just like this.

Who doesn't like to see greedy millionaire-billionaire getting played at their own game. 🤣

I'm not even watching, i'm just here to say: HOLD IT!!!🚀🚀🚀

Here is a comment from marketwatch: "I'm a professional Game Dev and I've been joking (and being serious) for years that once financial systems become accessible to common people, many of which have also grown up as gamers, this kind of advantage-taking of mechanics and systems was inevitable. Rest of the word, welcome to the gamer mentality of playing and abusing game mechanics. Now y'all can suffer in the real word what we as Designers have suffered to control in the virtual word for decades LOL. GG,GL,GF" This guy is more right then anybody will ever give him credit for

Over-leveraged short sales: \*Costs hedge funds hundreds of millions of dollars* Mainstream media: "Why would r/WallStreetBets do this?"

Thanks Louis (and everyone) for buying a "few shares" to be part of the party.... Hope my options go up in value next week thanks to the pump up :D (or it plummets in value and puts go up in value, either way, February will be fun!)

Leave it to the best independant Apple repairman to make the smarts well done videos of ANY KZfaqr or media personality. Well done.

*HOLY SHIT, THE STOCK, IT MAXXED OUT AT $469.420 TODAY, WE LITERALLY MADE A MEME STOCK!*

Nothing like a good hunters becoming the hunted story.

This is such a well explained videos . Thank you Louis. knew nothing about stock except buy when low , sell when high. Didn't know what shorting stock means. I enjoyed and learned so much. Not to mention your natural humor just make the whole video so entertaining. Wished you were my prof

Institutional investors when they manipulate the market: "The market does not discriminate" Institutional investors when regular people do the same: "Noooooooo, you're not supposed to do that!"

“ no no no! Regular people can’t manipulate the stock market! That’s bad! Only we can manipulate the stock market for our gain!!”

Lesson for me: when you see an very powerful & rich person playing victim, he's totally responsible for what's complaining about.

They borrowed shares when they were low, and regular people actually bought the shares while they were low. And the people who borrowed the shares have to pay the people that own them! I understand now! That's brilliant! Thanks for the information 😀👍🏿

Literally couldn't find any relevant info on this topic for the last couple days, like I didn't even know short selling was involved. Not like I did a ton of digging, but it's amazing how useless news outlets are today. Thanks for another helpful video Louis.

Hedge fund managers can always learn to code.

Hedge Funds: 🍆🍪😲 Wall Street Bets: 🥜🚀🌕👨‍🚀

Man, you actually killed it posting this on the 25th as the shorts hadn't really taken the hit just yet. When a stock has a short interest of 130% of ACTUAL STOCK then this TYPE OF SHORT SQUEEZE can REALLY HAPPEN :))). This post was actually before it BLEW UP. THE HIGH for the day and year was on the Thursday 28th at 10AM- 1PM EST. $$$$$$ 483.00 A SHARE $$$$$$ Yes people, you saw that correctly $483.00 a share from $2.57 A share on April 3, 2000. The shorts had their opportunity in APRIL to GET OUT but they didn't. That should be ON THEM ALONE. But that's WALLSTREET FOR YOU. they are not in it for you or the average investor. They are in it to win it

Ye, it's not like they forgot where their billions were.

Webull user here. Holy crap was that a fun pre-market. I can just imagine all the suits pulling their hair out and punching their monitors. Serves them right. It's a dirty game. Not so funny now that the commoners have a go.

So Robinhood is actually facilitating modern day people to play robinhood in a small small way....❤ Edit: fuck robinhood entirely, market manipulation, part of the establishment, wont allow any true opportunity distribution. HOLD

This straight up sounds like what happened with the 2008 housing crisis.

WOW! You just explained that really well. I'm sure there's more detail that you could go into, but that was pretty clear. One thing I was getting confused by was I was thinking that short selling was the same as put options. Put options are another way to make money off of the stock price going down, but the person who buys the option has the option whether to execute it or not and there's no shares actually trading hands unless it's executed (and even then, it can just be done with collecting the difference in cash instead of using actual shares). This means that the most you would expect to lose is the amount you paid for the option, so I was puzzled why people kept saying that the hedge funds were losing billions of dollars. I didn't know that it was possible to borrow shares from others and then sell those shares without the original owner actually selling the shares to you. Sounds pretty crazy. lol

I actually gained some respect for Reddit because of this, absolute madlads.

The lesson of the day, never bet more than everything against a meme stock when it's backed by WSBers. ;)

When you comment to help push the video to more people, also great explanation of short stocks, I finally understand it after quite a few videos.

Media can spew out bs about everything in the last 4 years and practically no one talks about it but when it comes to GameStop stocks everyone is outraged????

Wsb is not alone in this shit. They are just throwing everything at wsb now.

louis : "iam not a financial adviser" yet gives the best description of short selling there could be

Can’t stop, won’t stop, GameStop. I don’t even know what the sell button is.

Ive watched nothing but vids on this topic for the last 48 hours, and this video is THE BEST EXPLANATION for it! Thank you! My favorite part was the analogy at 11:00 - 13:00. "Kids caught adults stealing, thinking to themselves "that's wrong!" And decide to teach the adults a lesson!" 🤣😂🤣

Great video. The problem with the current economy (not just the market) is that it's propped up in every segment with the money printer going brrrr. They have to continue to do this, there is no other real release valve. It's going to come-a-gutsa. Same here in Australia, we have job seeker and job keeker programs, business cash flow boosts, mortage holidays, super fund emergency access etc etc, and it's all going to stop soon, and that's when you better be in front of an empty chair when the music stops.

If you come up with a "Dick In The Cookie Jar" t-shirt, I'll buy one.

Shout out to everyone who listened to everything they said about Trump too. Y'all are gems

I just discovered your channel via your most recent videos, but autoplay was accidentally on, so I am here on this video to say thank you bc I feel like I'm learning Econ via trial by fire right now. The boyf and an amazing explanation that's been circling on Telegram have really helped me understand this also.

WSB is a clusterfuck of line drawers and gambling addicts that keeps on giving and I love it

The "Non Essentials" are causing them problems.

Can't remember why i subscribed to Louis, but it has gone from tech repair to real estate, to financial news!! Can't wait to se what the next is! Always good content!

Just bought 500 shares of #AMC and HOLDING #GME 💎 HANDS BABY!!! Going to the MOON!!!

What's funny is that when 1 person wins in the markets that means someone has lost, the GME incident is just Wall Street losing money to retail, quite refreshing to see a wealth transfer the other way around for once.

Cramer defended WSB today on CNBC. I'll give him credit for that.

Best explanation for short selling I have heard in a long time, Louis. In any case, these hedge fund managers are experienced experts and knew the risks related to their betting on the stock. They made a bad bet and should be responsible for the losses. Too bad. If the short had worked out for them and they made Billions, no one would be complaining. No one bails out the middle class little people when we make mistakes or bad judgment.

I love watching you fixing circuit boards, and I also loved your take on this.

This is one of the best explanations of short selling I've seen online. On a similar note, here's a movie recommendation: Big Short.

WSB just started , now the whole retail community is with them, this is WAR.

A man siting in front of a microscope wearing black rubber gloves talking about ridiculous people on Reddit, I'm in a parallel universe

This needs 10 million views. Im opening a long position on your chanel.

TO THE MOON 🚀 🚀 🚀 🚀

This whole thing is fucking HILLARIOUS

Why didn't some other hedge fund who hadn't shorted the stock, just call their bluff, once they started shorting more than 100%? Do they cooperate, are they literally a cartel, or are they just stupid?

Everyone has to share this now before they bury this

Keep in mind that Andrew Left, the guy central to all of this was such an awful market manipulator that he got banned from the HK stock exchange for 5 years.

This is why I like Louis - he doesn't equivocate shit. just says it plain

Loved the analogy for kids seeing a adult stealing. Think instead of 'reporting' the crime, its more like the kids are stealing the item out of the thief's home. (Beating them at their own game)

Wall St veteran here. Just want to say Louis does a great job on the explanations and everything here. (I wrote that 12 mins in and it still holds now that I've watched it all.) If he made any errors I'd catch 'em and his only error is a trivial one - a tiny grammar nit: at 23:00 he mixes up singular and plural: was/were. And Louis doesn't get into the illegality of naked shorts, which is a smart move-it's not necessary. Saying they were greedy is sufficient. Bravo.

The computer guy who teaches you how to repair and shows you how incompetent politicians are and how greedy landlords are and how stupid covid rules are now bringing it further with Stocks! You rock dude.

They are scared shitless because they lost control for a single day.

So True.... The same here in Germany.... the point of view of the mainmedia is astonishing. Best wishes to you

Nowadays we shouldn't take news on face value especially when it comes to mainstream media.