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Both my boys were teens at this time. I got some stonks and we visited GameStops all over Florida. It was so much fun and I am so glad I got all that time with my boys, who are now both men. Did I make any money? Nerp.😅
This comment section can suck it. A company on the brink of a turnaround with 4.7Bn USD cash, v little debt, a cult like group of investors led by someone who is ready to uncover all the corruption and financial malpractice – based off business fundamentals alone this is a BUY. 4.7bn cash is crazy considering the market cap is just over 10bn, 'reddit this' and 'reddit that' suck my balls go and listen to Jim Cramer and see how your MSM portfolio does.
21:15 idk if you’re going to go into this later. I worked for a European competitor to Robinhood during the GME fiasco.
It’s not a “risky business model,” it’s the business model for platforms geared towards small retail investors, investing relatively small amounts (compared to the hedge funds and companies) and/or buying few shares.
If you, as a retail investor, want to buy 10 shares of Apple, the fees for you buy and hold those shares in your name at the exchange would likely exceed your investment.
So what happens is, your broker buys the shares and you are the ultimate beneficial owner (UBO). Those are your shares, but they are not in your name. They are in the name of your broker, let’s say Robinhood.
So you can think of all of the individual investor portfolios registered with Robinhood as one big portfolio in Robinhood’s name.
That portfolio has a portfolio risk. A lot of risk management has to do with managing the risk of that one mega portfolio. If that mega portfolio became overloaded with a high risk product like GME (or really any product, but a high risk product makes it worse) that could become a compliance issue at best and could put the company out of business at worst (and the company you’re investing your money through has a responsibility to you to prevent that where possible).
Basically the Robinhood portfolio risk became untenable and they couldn’t take on any more. They stopped trading in GME which they are entitled to do.
The company I worked for didn’t stop trading in GME but did put a block on market orders, allowing limit orders only, also to manage risk.
This business model isn’t a secret, risk management in general isn’t a secret, and really these investors should have been aware of the workings of the vehicle through which they were investing and spared a thought for what would happen if they intentionally pushed Robinhood’s risk like this. I wonder if anyone at the time brought it up to them, I imagine that if they did they were largely shouted down.
I'm seeing a lot of desperate people who need their narrative to be true, because they still want to become instant millionaires or even billionaires and unfortunately that ship has sailed. But they don't want to admit that to themselves.
40:00 glad to know particle physics and string theory aren't unique in this behaviour. It's just a shame that's what a huge portion of physics (or science overall) public funding goes to :v
There’s a bunch of you that fail to look into. GME has 4.5 billion in cash. GME is no longer in debt. And the short hedge funds that bet that the stock would fail is underwater because their short positions at 3-5 dollars was never met. Instead it sits at $25-$30. If anyone of you understood what a high short interest is and how quickly it could turn against you, you would consider differently. None of this is financial advice, rather a contrarian perspective based on data.
There’s a bunch of you that fail to look into. GME has 4.5 billion in cash. GME is no longer in debt. And the short hedge funds that bet that the stock would fail is underwater because their short positions at 3-5 dollars was never met. Instead it sits at $25-$30. If anyone of you understood what a high short interest is and how quickly it could turn against you, you would consider differently. None of this is financial advice, rather a contrarian perspective based on data.
The share value will always adjust itself to its fundamental value . You can only hold so much of thae share that now worth the price you have paid for, people will sell to realize profit. The only losses here are the those who came buy s Game stock share at very high price when other who came before wanna exist to make profit and get their principal back.
As a trader these guys r the top stupidest to ever do it 😂 we are in 2025 almost ever game is digital this company is gonna be bankrupt in 10 years or less 😂
Not really an untold story, more another way to tell the story, and a good one at that… Hats off for doing all the interviews. One thing I think might dampen the viewer experience is the overuse of effects, for example, what is the point of using a ken burns effect on something that is moving already? There is too much going on, basically, almost every shot is sliding, which I think is tiring and distracting from the content. Less is more sometimes…
if it wasnt over the stock would be dead but even after the split is trading at 26 dollars with a peak high at 80 bucks in 2020 an the more realistic high at 55 , its doing very fuckin well lol if the split didn't happen the stock would be around 100 bucks today (ballpark) questimation lol and that in it self even after the bull shit is crazy
34 comments
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Gamestop is one of the only companies that is not owned by blackrock or other huge corporations.
18:56
Both my boys were teens at this time. I got some stonks and we visited GameStops all over Florida. It was so much fun and I am so glad I got all that time with my boys, who are now both men. Did I make any money? Nerp.😅
i feel so bad for that man’s wife holy shit 💀 “i’ll pass the money to my children” brother what money lmfaooo omg
If you invested then hahahahahahahahahaha
Invest in…
NVDA ❌
TSLA ❌
PLTR ❌
APP ❌
GME ✅
This is so wack
This comment section can suck it. A company on the brink of a turnaround with 4.7Bn USD cash, v little debt, a cult like group of investors led by someone who is ready to uncover all the corruption and financial malpractice – based off business fundamentals alone this is a BUY. 4.7bn cash is crazy considering the market cap is just over 10bn, 'reddit this' and 'reddit that' suck my balls go and listen to Jim Cramer and see how your MSM portfolio does.
Was someone interviewed because they were the Ex fiance of a Gameflop investor?!
Maybe what actually happened was Roaring Kitty actually sold his stock.
21:15 idk if you’re going to go into this later. I worked for a European competitor to Robinhood during the GME fiasco.
It’s not a “risky business model,” it’s the business model for platforms geared towards small retail investors, investing relatively small amounts (compared to the hedge funds and companies) and/or buying few shares.
If you, as a retail investor, want to buy 10 shares of Apple, the fees for you buy and hold those shares in your name at the exchange would likely exceed your investment.
So what happens is, your broker buys the shares and you are the ultimate beneficial owner (UBO). Those are your shares, but they are not in your name. They are in the name of your broker, let’s say Robinhood.
So you can think of all of the individual investor portfolios registered with Robinhood as one big portfolio in Robinhood’s name.
That portfolio has a portfolio risk. A lot of risk management has to do with managing the risk of that one mega portfolio. If that mega portfolio became overloaded with a high risk product like GME (or really any product, but a high risk product makes it worse) that could become a compliance issue at best and could put the company out of business at worst (and the company you’re investing your money through has a responsibility to you to prevent that where possible).
Basically the Robinhood portfolio risk became untenable and they couldn’t take on any more. They stopped trading in GME which they are entitled to do.
The company I worked for didn’t stop trading in GME but did put a block on market orders, allowing limit orders only, also to manage risk.
This business model isn’t a secret, risk management in general isn’t a secret, and really these investors should have been aware of the workings of the vehicle through which they were investing and spared a thought for what would happen if they intentionally pushed Robinhood’s risk like this. I wonder if anyone at the time brought it up to them, I imagine that if they did they were largely shouted down.
Man, the first time I saw the vid and Cohen's face I thought "What does Coffeezilla have to do with GameStop???" XD
Buy low sell high. Anything else is noise.
The Cult of Reddit
I'm seeing a lot of desperate people who need their narrative to be true, because they still want to become instant millionaires or even billionaires and unfortunately that ship has sailed. But they don't want to admit that to themselves.
Well, desperation does funny things to a person.
lmfao
This guy didn’t state a single fact and condescending tone shows he’s bias in his opinion
1st time I hear about that story and after listening to the whole video ''the cult'' are 100% right. Hope they keep doing such an amazing job.
i hope these gme apes are right it would be amazign to have the market once crash totally and we reset
There are no dates! It will happen when it happens
YPU CANT CLIFF HANGERRRRRRRRRR WHAAAAT
40:00 glad to know particle physics and string theory aren't unique in this behaviour. It's just a shame that's what a huge portion of physics (or science overall) public funding goes to :v
When stupid people believe shitposters. Lmao
There’s a bunch of you that fail to look into. GME has 4.5 billion in cash. GME is no longer in debt. And the short hedge funds that bet that the stock would fail is underwater because their short positions at 3-5 dollars was never met. Instead it sits at $25-$30. If anyone of you understood what a high short interest is and how quickly it could turn against you, you would consider differently. None of this is financial advice, rather a contrarian perspective based on data.
There’s a bunch of you that fail to look into. GME has 4.5 billion in cash. GME is no longer in debt. And the short hedge funds that bet that the stock would fail is underwater because their short positions at 3-5 dollars was never met. Instead it sits at $25-$30. If anyone of you understood what a high short interest is and how quickly it could turn against you, you would consider differently. None of this is financial advice, rather a contrarian perspective based on data.
the cult of copium
Some of them seem smart but very stupid and dump at the same time 😂
The share value will always adjust itself to its fundamental value . You can only hold so much of thae share that now worth the price you have paid for, people will sell to realize profit. The only losses here are the those who came buy s
Game stock share at very high price when other who came before wanna exist to make profit and get their principal back.
As a trader these guys r the top stupidest to ever do it 😂 we are in 2025 almost ever game is digital this company is gonna be bankrupt in 10 years or less 😂
Not really an untold story, more another way to tell the story, and a good one at that… Hats off for doing all the interviews.
One thing I think might dampen the viewer experience is the overuse of effects, for example, what is the point of using a ken burns effect on something that is moving already? There is too much going on, basically, almost every shot is sliding, which I think is tiring and distracting from the content. Less is more sometimes…
if it wasnt over the stock would be dead but even after the split is trading at 26 dollars with a peak high at 80 bucks in 2020 an the more realistic high at 55 , its doing very fuckin well lol if the split didn't happen the stock would be around 100 bucks today (ballpark) questimation lol and that in it self even after the bull shit is crazy
I mean I appreciate their support for financial revolution but they’ve gone a bit too far off from reality 😦
The idea that doomsday end of capitalism event would be brought about by the GameStop stock is absolutely hilarious.