Gamestop is a great example of the pure degeneracy that can arise from Wallstreetbets. DeepFuckingValue's original thesis: • 5 reasons GameStop sto... Why Robinhood shut down buying • Anthony Denier, CEO of...
That's literally impossible, as doing it again will give it a market cap greater than the S&P 500. There's literally not enough dollars in existence, and the company is diluting shares to take advantage of these fools.
@@samsonsoturian6013 you’re the fool, the company has a wonderful relationship with their investors. Have you taken a look at the new leadership? Or how about the e commerce moves being made? They are sitting on over 1 billion in cash with a network of brick and mortar stores, e-commerce is easy when you already have the routes set up. Use your fucking brain here, GameStop is becoming something that doesn’t even make sense to short yet they are still in their positions.
The only thing you got wrong is that Robinhood actually does have their own clearing house (Clearing by Robinhood) and it was actually the DTCC that imposed the increased collateral requirements. Other brokers like Fidelity didn't have a problem with this because they owned millions of GME already so they didn't need cash collateral to facilitate trades. (worked out great for Fidelity too because they sold their GME to the "apes" during the squeeze for some insane gains).
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
The sign at 11:47 jumped out to me because I remember seeing it (I live in OKC) and I was like "damn we made it onto a big TH-camr's channel," then I was extremely surprised to see how many subscribers you have. Your content is great man. I keep getting recommended your videos, and your channel is definitely going to the moon. 🚀🚀
23rd of May, GME rocketed again in march and has consistently been trading at above 150 for three months. 175 currently. So I don´t think it´s over, actually.
GameStop is the play. 3 profitable quarters with free cash flow no debt and it now has a short squeeze score over 90. The first time since 2021. Round 2 is coming.
Yeah im rewatching this with so much more knowledge, data and evidence that this will almost certainly squeeze again. And not only again but it will be the biggest squeeze ever and will see upwards of 10 Mil per share
Now, almost 3/4 Years later, the price of a Game Stop stock is at 188€. Over 200$. People with diamond hands, shall ne rewarded. I bought in with my entire savings of 5000€ at 40€. No call options, just regular stock. This is now worth 25.000€. Pretty good return for just hodling.
@@infantiltinferno I eventually sold 5k worth of stock, but kept the rest. So even if the stock crashes now to a few cents, I won't have any money lost, but the rest are still in GME. So my actions worked out quiet well, but I would I do it again? I don't know. I must hate money. ;P
this is the third time that i watch this video in a couple of weeks. The rocket absolutely blasting into space combined with the casino sounds in the background gets me absolutely juiced. Thank you Benjamin.
Warren Buffett said it best - "You shouldn't invest in something you don't understand." People who got into this nonsense obviously knew nothing about videogame industry and its historical momentum.
One thing I want to say is that GameStop trade-ins were never actually as bad as people made them out to be. There was a value drop-off from purchasing new games because the instant they're opened they're not "new" anymore, but trading in games you bought pre-owned was usually only like 10-20% off the purchase price. That's for in-store credit of course. The cash option was always abysmal.
That was perfect. The real irony her is I don't believe most will pick up on the sardonic tone of this short & simple masterpiece. Thank you sir. Your candor is very refreshing and welcoming to my ear holes. I'm hoping you do an entire series on the subject. Maybe call it, "The adults have left the room."
You should do more videos on GME. Why do you think it pumped back up in March 2021, and why do you think it is pumping all of a sudden again in May 2024. Maybe shorts never closed?
Tmf short squeeze coming next two months going all in just sold the house the dog all video games maxed out credit cards and have 20 different loans from 18 different bureaus for 30x leverage bout to print into the tendies
"everyone's a day trader now".........man. And even major BANKS including the top 5 in Canada "push" this kind of obscene gambling. In 1999 my little brother went to a "free" trading seminar and got hooked. He went through almost two million US of family LEGACY money in less than two years, and still thinks he's a financial genius. It rewires the brain, and not in a good way. Any yes, I dont' speak to him any more. Mom reminds me I used to change his diapers. How my parents and other brother didn't SEE this and stop it just ends my family name. Forever.
Here's the thing, GME was never really a WSB play (it was way too well researched for that), it was just where DFV posted his position. When the Gamma Squeeze happened in January, it drew massive crowds to WSB who didn't understand the subreddit (something that caused a lot of friction, and resulted in the GME Apes being exiled from the subreddit). The GME Apes are a completely different breed of investor from the WSB Degenerates. Now we have a number of subreddits of our own (including our own Gaybears down at r/GME_Meltdown).
I got banned for 180 days from WallStreetBets about 5 minutes after joining for claiming most of WSB were boiler room bots. Does that still mean all my trades will still go in opposite direction?
Yep, on the day that this video was uploaded, GME opened at $44.70 and closed at $91.71. And within a month of the upload, we rose above and comfortably left the $120 price-point behind. This shit's still ongoing.
"Michael Burry, a guy with the same name as the investor character in the big short" LMAO
The knowledge that he has and humor and priceless
5:07
This channel is a gem. When can i go long on it
You can't go long on this channel, but I will let you inverse all my option plays if you're interested.
@@benjjjaamiinn lmfao perfect answer
@@benjjjaamiinn So he can make even more money?
Calls on this channel
@@benjjjaamiinn make your channel an NFT
I'll take a position on it
The interstellar theme while it goes to the moon. Nice touch.
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*✓✓✓✓✓✓✓✓
*✧+1~2~0~1~8~5~7~9~6~0~5✧*
Yeah i really loved it together with the sound of the thrusters. Well done Benjamin!
Gamestop: *Haha I'll fucking do it again*
AMC and GME 🚀
This aged fabulously. MOASS inbound.
@ wanna show me when they covered?
That's literally impossible, as doing it again will give it a market cap greater than the S&P 500. There's literally not enough dollars in existence, and the company is diluting shares to take advantage of these fools.
@@samsonsoturian6013 you’re the fool, the company has a wonderful relationship with their investors. Have you taken a look at the new leadership? Or how about the e commerce moves being made? They are sitting on over 1 billion in cash with a network of brick and mortar stores, e-commerce is easy when you already have the routes set up. Use your fucking brain here, GameStop is becoming something that doesn’t even make sense to short yet they are still in their positions.
This is literally my favorite fucking channel😂😂😂so many laughs, *lottery soundfx*
Glad you enjoy my man!
@@benjjjaamiinn do you still think the GME saga is over? XD
@@128halla There's absolutely no telling with that stock hahah
The tequila song in the background is great!!!
The only thing you got wrong is that Robinhood actually does have their own clearing house (Clearing by Robinhood) and it was actually the DTCC that imposed the increased collateral requirements. Other brokers like Fidelity didn't have a problem with this because they owned millions of GME already so they didn't need cash collateral to facilitate trades. (worked out great for Fidelity too because they sold their GME to the "apes" during the squeeze for some insane gains).
This is exactly right. That's an important clarification.
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
That is true, you need an expert trader to make good profit from cryptocurrency trade
And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.
The sign at 11:47 jumped out to me because I remember seeing it (I live in OKC) and I was like "damn we made it onto a big TH-camr's channel," then I was extremely surprised to see how many subscribers you have. Your content is great man. I keep getting recommended your videos, and your channel is definitely going to the moon. 🚀🚀
This channel is a hidden Gem. Your humor is freaking hilarious and its informative as well. Love the channel could see you to 100k this year!
Id short that but..... well fuck nvm
you need a part 2 to this
In a few months post MOASS
@@trevor7355 how's it going?
@@xliquid1400 going well
@@I_like_turtles_67 how about now?
@@trevor7355 how's the position lmfao
23rd of May, GME rocketed again in march and has consistently been trading at above 150 for three months. 175 currently. So I don´t think it´s over, actually.
we at 240 now
@@coker-jg6xn so I should throw money at it now? Over priced garbage.
IDNeon357 its 287 now.
@@IDNeon357 yes
@@jacobkudrowich I literally hate that this may be the right answer.
we’re fucking back
GameStop is the play. 3 profitable quarters with free cash flow no debt and it now has a short squeeze score over 90. The first time since 2021. Round 2 is coming.
You could have made tons of money a thousand different ways over the last 6 months doing literally almost anything else.
I really hope for an updated version of this... because it really hasn't aged well.
Yeah im rewatching this with so much more knowledge, data and evidence that this will almost certainly squeeze again. And not only again but it will be the biggest squeeze ever and will see upwards of 10 Mil per share
@@jacekington4807 wtf lmao
I almost cringed multiple times hearing the shit talking from this man. Little did he know
Facts
@@jacekington4807 thank you Jace I needed this today
Now, almost 3/4 Years later, the price of a Game Stop stock is at 188€. Over 200$. People with diamond hands, shall ne rewarded. I bought in with my entire savings of 5000€ at 40€. No call options, just regular stock. This is now worth 25.000€. Pretty good return for just hodling.
So, did you actually exit or are you still holding those tulip bulbs?
@@infantiltinferno I eventually sold 5k worth of stock, but kept the rest. So even if the stock crashes now to a few cents, I won't have any money lost, but the rest are still in GME.
So my actions worked out quiet well, but I would I do it again? I don't know. I must hate money. ;P
college fund
@@hansmuller1933 Update ?
Round two just started!
this is the third time that i watch this video in a couple of weeks. The rocket absolutely blasting into space combined with the casino sounds in the background gets me absolutely juiced. Thank you Benjamin.
I can't wait for the documentary for AMC
Part 2, here we go
Bro all your videos are informative and well put together and funny af 10/10
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*✓✓✓✓✓✓✓✓
*✧+1~2~0~1~8~5~7~9~6~0~5✧*
GameStop is back to $242 today. Nature is healing
Welp hope you sold
@@xliquid1400 I don’t actually own any of it. I’ve just been watching it
@@DLGNTshouldve bought in with 5x leverage
I have never laughed so hard from a channels content in my life. This is gold Sir Benjamin!
Can't wait for the 2nd video after today!
New video confirmed
You thought it was over?
Too the moon and beyond.
Wake up people! The shorts never covered! We still in this!
THE DTCC REVEALED THAT SHORTS NEVER COVERED AND THERE WERE NO MARGIN CALLS IN JANUARY MEANING THE SQUEEZE HASN'T EVEN SQUOZE YET!!!
Warren Buffett said it best - "You shouldn't invest in something you don't understand." People who got into this nonsense obviously knew nothing about videogame industry and its historical momentum.
Need an updated version! Gamestop saga is far from over!
Little did they know that the Gamestop fiasco was only just beginning.
This is so damn entertaining, the editing, the narrative, the music...
I cried in joy when DFV hit 48 mil.
gonna need a part 2 after gme goes to 20 milly
@@ericroberts9624 moron bot haha
"This cycle began in 1984" I thought that was a joke omfg that's actually the year it started
Need a part 2. Doesn't look like your final thoughts are what's happenings.
We'll see where it goes but we might need 10 more parts.
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*✓✓✓✓✓✓✓✓
*✧+1~2~0~1~8~5~7~9~6~0~5✧*
Shout out to the legend who bought a bilboard to say GME go brrrr
the prevalent sarcasm in the narrative is priceless
Honestly the best recount of one of the most significant retail vs institution moments in history. The music on this is also 🔥
Here we go again boys 🚀🚀🚀
So, where’s the update on this lmao
This video's conclusion aged like milk.
This video… is… NOT DONE
I think you’re gonna have to remake this video in a week after today 😅
I definitely hope you're right 😢
And again now
The MOASS is always tomorrow. Don’t worry boys it’s only a matter of time.
One thing I want to say is that GameStop trade-ins were never actually as bad as people made them out to be. There was a value drop-off from purchasing new games because the instant they're opened they're not "new" anymore, but trading in games you bought pre-owned was usually only like 10-20% off the purchase price.
That's for in-store credit of course. The cash option was always abysmal.
Can't wait for a part two soon :P
That was perfect. The real irony her is I don't believe most will pick up on the sardonic tone of this short & simple masterpiece. Thank you sir. Your candor is very refreshing and welcoming to my ear holes. I'm hoping you do an entire series on the subject. Maybe call it, "The adults have left the room."
9:20 literally brought tears to my eyes
But it wasnt over.... no, far from it.
The stonk that keeps on stonking
8:05 onwards made me shed a tear. We're making history apes. We're in the process of making history! HODL!!!
keep it up, one of my favorite channels :) thanks man
I just found this channel today keep it up for us degen gamblers
You should do more videos on GME. Why do you think it pumped back up in March 2021, and why do you think it is pumping all of a sudden again in May 2024. Maybe shorts never closed?
Tmf short squeeze coming next two months going all in just sold the house the dog all video games maxed out credit cards and have 20 different loans from 18 different bureaus for 30x leverage bout to print into the tendies
This shit gonna need a trilogy
This needs a part 2
I will faithfully await Part 2 once the Rocket rises again.
This guy is funniest mofos in the world. I fucking love this channel. My favorite youtuber for sure. 2:25 had me dying.... absolutely nothing LMFAO
Can we get an update on GameStop since it's thru the roof again??? 🥺
It technically isn’t over yet.
Edit: Feb 24th, 2020 +103.94% at close
🚀🚀🚀
It's honestly fascinating just how many people have been saying that GME is over, it isn't over, it's barely even begun.
@@Nukestarmaster 10 million is the floor
I didn't hear no bell
STILL NOT OVER AND NOW THE DTCC IS ON OUR SIDE
I rarely subscribe or comment, let alone like a video. But you deserve it, Benjamin. High quality content!
"everyone's a day trader now".........man. And even major BANKS including the top 5 in Canada "push" this kind of obscene gambling. In 1999 my little brother went to a "free" trading seminar and got hooked. He went through almost two million US of family LEGACY money in less than two years, and still thinks he's a financial genius. It rewires the brain, and not in a good way. Any yes, I dont' speak to him any more. Mom reminds me I used to change his diapers. How my parents and other brother didn't SEE this and stop it just ends my family name. Forever.
I think you should do a part 2 on the GME saga ... ;)
Can't wait for pt2
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*×××××××××××××
*✧+1~2~0~1~8~5~7~9~6~0~5✧*
Time for an update!
Shorts never closed 💯
I love how you included vsauce’s background sounds
since the day this was posted, GME has never fallen below $90/share
And here we are with GME worth 204 USD... :)
We need an amc video the apes to the moon
I inversed your video and bought deep OTM call options at $43 a share... what a ride that was.
The kings is back.
"Gamestop is infinite. Gamestop is eternal." - Benjamin, 2021
how has this channel not blown up yet
... it’s back at 200
Everybody better get ready for part two! TO THE MOOOOON 🚀🚀🚀🚀🚀
Now it’s back up to consistently trading for over $200 per share. What a saga
I love these videos.
watching this may 26 2021. you should have held the line!!!!
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*×××××××××××××
*✧+1~2~0~1~8~5~7~9~6~0~5✧*
Like the videos, you capture wsb well.... But honestly this one hasn't aged well... Thank God as a hodler of GME
Here's the thing, GME was never really a WSB play (it was way too well researched for that), it was just where DFV posted his position. When the Gamma Squeeze happened in January, it drew massive crowds to WSB who didn't understand the subreddit (something that caused a lot of friction, and resulted in the GME Apes being exiled from the subreddit). The GME Apes are a completely different breed of investor from the WSB Degenerates.
Now we have a number of subreddits of our own (including our own Gaybears down at r/GME_Meltdown).
10:00 “…and other C-tear brokerages…” that is perhaps the sickest casual burn I have ever heard.
needs part 2
9:00 beautiful, made me cry
This channel is so underrated. Subbed
Beni, tell me you grew up watching the cartoon robinhood too!!!! Safetys on ol betsy lol love tour work man keep em comin
Intersteller music was perfect
5:11 made me crack up soo loud
chronical aint done yet >:)
The Vsauce music😂😂
I lost it when I realized he played the Interstellar song while covering DFV.
6 months later and just as you predicted your prediction of the rally being over has inversed..
Always invert WSB
Lovin the videos!! Keep it up
Great! More videos in the works!
I got banned for 180 days from WallStreetBets about 5 minutes after joining for claiming most of WSB were boiler room bots. Does that still mean all my trades will still go in opposite direction?
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*×××××××××××××
*✧+1~2~0~1~8~5~7~9~6~0~5✧*
This clearly needs an update, after that ending.
Yep, on the day that this video was uploaded, GME opened at $44.70 and closed at $91.71. And within a month of the upload, we rose above and comfortably left the $120 price-point behind. This shit's still ongoing.
Round 2. It's coming. Let's fucking Go!
That Wendy’s paycheck chart was BEAUTIFUL
😂😂😂
This is by far the best channel on TH-cam. #period
How do you only have 47k subs? You're legendary
Your youtube channel is hilarious! Lets get you more followers.
I think that we need the part 2 electric boogaloo of this story lmao
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*×××××××××××××
*✧+1~2~0~1~8~5~7~9~6~0~5✧*
@@ericroberts9624 thanks
That Galloway tweet is hilarious considering his track record.
“He who shall not be named” 😂💯✅ fu€kin mint 🤣🤣
*✧T•h•a•n•k•s•f•o•r•w•a•t•c•h•i•n•g✧*
*✧F•o•r•m•o•r•e•i•n•f•o•m•a•r•t•i•o•n o•n i•n•v•e•s•t•m•e•n•t•a•n•d•g•u•i•d•i•a•n•c•e•o•n•c•r•y•p•t•o•e•n•g•a•g•e•m•e•n•t✧"
*W•H•A•T•S•A•P•P*✓✓✓✓✓✓✓✓
*✧+1~2~0~1~8~5~7~9~6~0~5✧*