Hodgetwins - GameStop Fiasco - Wallstreet Vs. REDDIT
Aired: 2021-01-29
Duration: 15:11


=== Betting Against the Company (14:11) ===

[00:00:00]  Yeah, I got a new show for y'all.
[00:00:01]  Got a damn good show.
[00:00:04]  Yeah.
[00:00:04]  But for such show, remember, you can always support the horse twins at officialhorsetwins.com.
[00:00:09]  Pick you out a patriotic t-shirt today and hat.
[00:00:12]  Even got some bird products.
[00:00:14]  Don't forget to use discount code Dr. Falsy.
[00:00:17]  Not spelled F-A-U-C-I.
[00:00:19]  Yeah.
[00:00:20]  No, it's D-R-F-A-L-S-E-Y.
[00:00:24]  Dr. Falsy.
[00:00:26]  Yeah, because he don't know what the hell he's talking about.
[00:00:28]  Because he's false.
[00:00:29]  Give you 21% off.
[00:00:32]  Yeah.
[00:00:34]  Today's topic.
[00:00:35]  Now, I'm not, it's about GameStop.
[00:00:37]  Now, we're not the most savvy when it comes to finance.
[00:00:42]  So I'm going to dumb this down for you.
[00:00:44]  I mean, we are real good at dumbing stuff down.
[00:00:50]  So you're going to be a.
[00:00:52]  Well, you're going to be an ex-you're going to be as about as smart as us when it comes to hedge funds.
[00:00:56]  Yeah, but this is what, okay, this, okay, GameStop.
[00:01:00]  Everybody's talking about GameStop.
[00:01:01]  What's going on with GameStop?
[00:01:02]  Yeah, everybody's up and on, especially the billionaires.
[00:01:04]  There was a guy on MSNBC, right?
[00:01:06]  He was going off on people.
[00:01:08]  Yeah, he was a billionaire because it kind of pissed him off with the.
[00:01:11]  You want to show the video right now?
[00:01:13]  Yeah.
[00:01:13]  I'll get to the video in a bit.
[00:01:15]  Let me lay the foundation.
[00:01:16]  He's pissed.
[00:01:19]  Right?
[00:01:20]  And he's a Biden supporter.
[00:01:21]  Yeah, he freely mentions this.
[00:01:24]  We have a new administration in place.
[00:01:26]  I did vote for President Biden because I felt I voted my values, not my pocketbook.
[00:01:32]  How in the world are you a billionaire and you a vote for Biden?
[00:01:35]  He said he doesn't vote with his pocketbook.
[00:01:37]  He votes for his principles.
[00:01:38]  I'm like, what?
[00:01:40]  What's your principles?
[00:01:44]  Okay.
[00:01:45]  Oh, man.
[00:01:45]  People are stupid, man.
[00:01:48]  Okay, GameStop.
[00:01:50]  Everybody's talking about GameStop because it's a failing company.
[00:01:54]  Just a week ago, that stock was around, what, $19 about a month ago or so.
[00:01:58]  Several weeks ago, it was $19.
[00:02:00]  And now it's over $450.
[00:02:02]  People wonder what the hell is going on.
[00:02:04]  Yeah, to put things in perspective, if you invested a million dollars in that company, that million dollars turned into over 20 million in a couple of hours.
[00:02:14]  Well, not in a couple hours.
[00:02:15]  It wasn't that damn quick.
[00:02:17]  A couple days?
[00:02:18]  Half a day.
[00:02:19]  Yeah, it was quick.
[00:02:21]  It was easy money.
[00:02:23]  Kind of like how those 1%ers like to do.
[00:02:26]  But anyway, this is what was going on.
[00:02:29]  I'm going to dumb it down.
[00:02:30]  Dumb it down for me.
[00:02:31]  Not dumbing it down for you.
[00:02:32]  I'm dumbing it down for me.
[00:02:34]  So this is what happened.
[00:02:35]  Hedge funds.
[00:02:36]  What the hell is a hedge fund?
[00:02:37]  It's a bunch of rich people.
[00:02:39]  One percenters.
[00:02:40]  Yeah.
[00:02:40]  Right?
[00:02:41]  That you're 50 rich.
[00:02:43]  Yeah.
[00:02:44]  Only people, and they're called accredited investors.
[00:02:46]  Yeah, the only people who could invest in hedge funds is accredited investors.
[00:02:50]  Yeah.
[00:02:50]  The reason why is because the SEC does not regulate hedge funds.
[00:02:54]  It's like the wild, wild west of investors.
[00:02:57]  No rules.
[00:02:57]  You'll never see on TV people advertising a damn hedge fund.
[00:03:02]  You see mutual funds.
[00:03:03]  Yeah.
[00:03:04]  But no way in hell you're going to say hedge funds.
[00:03:06]  Yeah, you can't market it.
[00:03:08]  And again, the reason why retail investors, the poor people like us, we the stewards.
[00:03:15]  Y'all remember the Titanic?
[00:03:17]  The stewards was on the bottom of the boat.
[00:03:19]  Yeah.
[00:03:20]  Right.
[00:03:20]  And all the rich people is on the top.
[00:03:22]  Yeah.
[00:03:22]  Right?
[00:03:23]  Yeah.
[00:03:23]  Rich, the people up top, they're accredited investors.
[00:03:27]  Yeah, that's the 1%.
[00:03:29]  When you think of hedge fund, remember that dude that was with the hot chick?
[00:03:33]  Yeah.
[00:03:33]  He was a...
[00:03:34]  Jack was banging her though, man.
[00:03:37]  But she wanted some stewardship inside of her.
[00:03:42]  Hey, but her boyfriend, I guess he was engaged to something on the show.
[00:03:46]  Yeah, he was a real sucker.
[00:03:48]  Yeah, he was an accredited investor.
[00:03:50]  Yeah.
[00:03:50]  So when you think of a hedge fund, think of this dude.
[00:03:54]  Because that's who they are.
[00:03:57]  They're looking down on us pofo.
[00:03:59]  Yeah, right.
[00:04:00]  But anyway, so that's what a hedge fund is.
[00:04:03]  Now, GameStop, that's a failing business.
[00:04:05]  Yeah.
[00:04:06]  Because, you know, I mean, you don't have to go in a store and buy a game.
[00:04:10]  You just download it.
[00:04:10]  It's like Blockbuster.
[00:04:12]  Who the hell goes into a store and rent a movie?
[00:04:15]  I mean, you see idiots all the time inside Walmart buying DVDs.
[00:04:19]  Don't call them idiots.
[00:04:20]  They're idiots.
[00:04:23]  Why are you going to buy a DVD?
[00:04:25]  You know you're going to sit on it.
[00:04:26]  You're going to break that DVD in two weeks.
[00:04:28]  You can buy it on Amazon and have it forever.
[00:04:30]  Yeah.
[00:04:31]  I take that back.
[00:04:32]  I was being a little harsh.
[00:04:33]  You're not any.
[00:04:34]  Ignorant.
[00:04:35]  Just a little ignorant.
[00:04:36]  You've been enlightened now.
[00:04:37]  You're just uneducated.
[00:04:41]  Come on.
[00:04:41]  You're talking to the stewards here.
[00:04:43]  If you're buying a DVD inside of Walmart, what is wrong with you?
[00:04:46]  I buy everything on Amazon, man.
[00:04:49]  I ain't ever got by.
[00:04:50]  I don't know how many times I bought the movie Avatar and sat on it.
[00:04:53]  Or lost it or whatever or just stopped working.
[00:04:55]  I mean, who has a damn DVD player anymore?
[00:04:58]  But anyway, here we go.
[00:04:59]  Back to what we're talking about.
[00:05:00]  Yeah.
[00:05:01]  Okay, so that's what a hedge fund is.
[00:05:03]  Again, regular Joe Schmoes like us cannot invest in it.
[00:05:08]  It's just for the rich people.
[00:05:09]  Think about this, everybody.
[00:05:10]  If you're a billionaire, you're rich.
[00:05:12]  When you invest in something, you kind of know, I'm going to make some money.
[00:05:17]  Yeah, it's got to be a sure thing.
[00:05:18]  Yeah, that's why the SEC doesn't regulate.
[00:05:20]  It's the Wild, Wild West.
[00:05:21]  It's actually rigged against you.
[00:05:24]  Yeah.
[00:05:24]  Those companies that are supported those hedge funds.
[00:05:27]  Give you an example.
[00:05:28]  This hedge fund, they was shorting GameStop, which is nothing but a bet.
[00:05:33]  They're betting that this company is going to fail.
[00:05:35]  As this company fails, the more money they make.
[00:05:38]  Yeah, essentially they're vultures waiting for that company to die.
[00:05:42]  Yeah, they kind of spot like a cat just got hit in the road by a car.
[00:05:47]  Yeah, and he's just dragging both his back legs.
[00:05:49]  And vultures like...
[00:05:52]  That's the hedge fund.
[00:05:53]  He got about two more hours.
[00:05:55]  Yeah.
[00:05:55]  I'm going to have me some Cat lasagna.
[00:05:58]  Right?
[00:05:58]  Get the hell off me.
[00:05:59]  These credit investors, they're not like us, like good folk.
[00:06:05]  We invest in music funds.
[00:06:06]  We want to participate in the profits and the success of a company.
[00:06:10]  These people, the reason why we call them suckers, they're actually investing in a company hoping they fail.
[00:06:18]  Yeah, they're betting against that company.
[00:06:20]  Who would do that?
[00:06:22]  Hunter Biden?
[00:06:24]  Who would invest in a company and hope they fail?
[00:06:28]  Yeah.
[00:06:29]  Sucker.
[00:06:32]  Who would do that, man?
[00:06:33]  Yeah.
[00:06:33]  That's evil.
[00:06:34]  Yeah.
[00:06:34]  And see, and this hedge fund is betting it against this company, which, like, which really hurts the stock price of that company.
[00:06:43]  But retail investors, who's like, look, I can buy a stock.
[00:06:46]  Look, GameStop, I used to love GameStop.
[00:06:49]  I'm going to stop.
[00:06:50]  We keep saying GameStop.
[00:06:52]  GameStop.
[00:06:54]  GameStop stock.
[00:06:58]  Yeah, I like playing video games.
[00:07:00]  I play Call of Duty all the time.
[00:07:01]  I'm going to invest in that company.
[00:07:02]  Yeah, so the retail investor, the poor person, the stewards, they invest in that company, but they don't know this hedge fund is betting against it.
[00:07:09]  So as this company fails, this retail investor loses his money and these rich people are making money.
[00:07:16]  Now, online, Reddit, Twitter, they started seeing this.
[00:07:20]  They said, man, look at this.
[00:07:22]  The resistance.
[00:07:23]  Let's call them the resistance.
[00:07:25]  The resistance to the 1%.
[00:07:27]  1776.
[00:07:28]  Yeah, they say this is a free and far market.
[00:07:31]  It's not.
[00:07:32]  Everything's rigged in this country.
[00:07:33]  Like they used to say this is the country of the, well, how's it going?
[00:07:37]  Land of the home and free.
[00:07:38]  Yeah, I'm starting to think that's just a sick joke.
[00:07:43]  Not after I've been looking at my TV.
[00:07:45]  They just impeached a man for breathing.
[00:07:47]  Again.
[00:07:48]  No evidence.
[00:07:49]  Impeached a man two times.
[00:07:50]  They just showed up and just voted, nah, we're going to impeach no evidence.
[00:07:54]  Yeah, right?
[00:07:55]  So This retail investors lose that money, yeah, and this hedge fund makes all the money.
[00:08:01]  So, this online group, the resistance, we'll call them on Reddit and everything.
[00:08:05]  The resistance, they salute them.
[00:08:07]  I'm gonna give them a salute.
[00:08:08]  Thank you.
[00:08:09]  Fighting against the system, right?
[00:08:10]  So, they start investing in GameStop stock, right?
[00:08:15]  Sends it to the moon, goes up like 20 times.
[00:08:17]  Yeah, now when this happens, the hedge fund who's betting against this company totally liquidated, lost everything.
[00:08:24]  Lose, I'm not talking losing tens or hundreds of thousands, not even they're losing billions of dollars, yeah.
[00:08:30]  Good because they're suckers.
[00:08:34]  That's how they make that money betting on people's businesses fail.
[00:08:39]  And like I say, this again: when rich people, you got a billion dollars.
[00:08:43]  If you're gonna invest some money, yeah, you already know you're gonna make money, yeah.
[00:08:48]  It's a short, but the resistance online they screw that all up, yeah.
[00:08:53]  And I'm gonna show you one of the one percent, yeah, from uh CNBC.
[00:08:58]  Check this out: the reason the market is doing what it's doing is people are sitting at home getting their checks from the government, okay?
[00:09:05]  And this fair share is a bullshit concept, it's just a way of attacking wealthy people.
[00:09:11]  And you know, I think it's inappropriate, we all got to work together and pull together.
[00:09:17]  Yeah, he's pissed, he's pissed that people like us made some money, yeah, yeah, it's not a friend for our market, yeah, it really isn't, yeah, and that's just really pathetic for this dude, this billionaire investor, to call people who did this sitting at home getting government checks.
[00:09:37]  I mean, what's wrong with sitting at home getting a check from the government?
[00:09:40]  The government told us we couldn't work.
[00:09:42]  There I know, you sucker.
[00:09:47]  Hey, to all the Christians, I'm sorry, I apologize.
[00:09:51]  We still, we still don't think you're a better Christian than me.
[00:09:54]  Yeah, these people are suckers, evil man.
[00:09:58]  Yeah, he bets against people to fail in life, lose millions of dollars, billions of dollars.
[00:10:04]  Who invested in that?
[00:10:05]  Yeah, and like I said earlier, to participate in a hedge fund, you have to be an accredited investor.
[00:10:14]  Yeah, billionaires, so the billionaires are making all the money and they hurting the little guys like us because we don't aware of what's going on with these companies that went to the moon like that, like GameStop.
[00:10:24]  Yeah, I think uh, I think another one's AME.
[00:10:27]  These people invest in these companies, they have no idea that the real experts, the rich people, are betting against it because they know it's a sure thing that these companies are going to fail and they're going to end up making more money.
[00:10:36]  And a lot of times, these uh hedge and uh and uh hedge funds, yeah, they short the company, the company pretty much damn near goes out of business.
[00:10:44]  They go buy the company and then sell it for a billion dollars.
[00:10:48]  That's the American dream for a sucker.
[00:10:55]  I mean, man, when I you've exceeded your uh, yeah, your limit today, man.
[00:11:00]  Yeah, I'm just saying, man, you've exceeded.
[00:11:02]  I have a conscience.
[00:11:04]  I like when I invest my money, I want to see I'm gonna like the product, the brand, the company.
[00:11:09]  I believe in what its mission statement.
[00:11:12]  I want to grow and you know, prosper as that company grows.
[00:11:15]  Yeah, somebody like these vampires, these damn vultures, these suckers, putting their money, betting against people.
[00:11:23]  I mean, what more?
[00:11:24]  What can I call them?
[00:11:26]  The damn vultures, man.
[00:11:27]  Yeah, vultures.
[00:11:28]  And now they're trying to get the so Robin Hood, the app, where people was buying this.
[00:11:34]  They uh, they uh restricted a lot of the trading because all these billionaires was losing all this money.
[00:11:39]  Yeah, see, it was it was cool when the billionaires was doing to the yeah, to the retail investors, yeah.
[00:11:46]  But when the retail investors got now, nah, we this ain't this ain't this ain't right.
[00:11:50]  Yeah, I mean, look, Keith, man, Got this Robin Hood at man.
[00:11:55]  Made me some stock purchases today.
[00:11:57]  You're gonna be rich like the.
[00:11:59]  Yeah, I bought, I bought um, what's that, GM?
[00:12:01]  I think that's GameStop.
[00:12:03]  Shut up, man.
[00:12:08]  People like me don't know no better, don't understand what's really going on.
[00:12:12]  We feel like this company's a flying open, honest market.
[00:12:15]  And I'm here investing in these companies because I believe in that product.
[00:12:18]  But on the sidelines, there's vultures out there waiting for them to die.
[00:12:22]  These hedge funds prey on the ignorance of like not that savvy investor.
[00:12:26]  You hear about all these people, the 20% of the country that owns 80% of the stock.
[00:12:30]  The rich people, that's how they make all that money.
[00:12:32]  So people, as soon as they get like a little bit of money, oh, I got a thousand dollars.
[00:12:35]  Yeah, I'm gonna go invest it.
[00:12:37]  I'm gonna work on my net, my net worth.
[00:12:39]  I'm gonna be like these rich people, but they don't realize the system's rigged against them.
[00:12:43]  Yeah, these hedge funds is betting against the company he just or she just invested in.
[00:12:49]  Yeah, these these hedge funds are not regulated by the SEC.
[00:12:52]  Yeah, they could do whatever they want.
[00:12:53]  See, the SEC, they'll regulate us.
[00:12:55]  Yeah, yeah, but not them.
[00:12:56]  The retail investor.
[00:12:57]  Hey, shut it down.
[00:12:58]  These billionaires are losing money.
[00:13:00]  Tell Robin Hood to shut down.
[00:13:01]  Yeah.
[00:13:02]  They'll regulate us, but they won't regulate them.
[00:13:04]  Yeah.
[00:13:09]  Free and fair and honest market.
[00:13:11]  That's what they call it.
[00:13:13]  That's just a sick joke.
[00:13:17]  We just stewage.
[00:13:18]  And they're going to get a lot of politicians.
[00:13:20]  The government is probably more likely.
[00:13:21]  They're going to ask for bailouts.
[00:13:23]  When I lose my money, when I invest in that same stock, GameStop?
[00:13:27]  Yeah, shut up.
[00:13:27]  Let me do some talking.
[00:13:29]  What I look like Stewart over here when I invest my money in GameStop and I lose all my damn money.
[00:13:35]  Let's say you lost $100,000.
[00:13:37]  No, I lost $250,000.
[00:13:39]  You ain't put it in GameStop because I believe GameStop stock.
[00:13:44]  You said GameStop stock because I believe in the video gaming industry.
[00:13:49]  Right.
[00:13:50]  So I put $250,000, lose all my money.
[00:13:53]  I go to IRS, hey, man, I invested $250,000.
[00:13:56]  Man, can I write it all off?
[00:13:58]  You know what that tax professional is going to tell me?
[00:14:02]  Based on the Irish guidelines, you can write off $3,000 per year.
[00:14:07]  They're not going to do that to that sucker, that billionaire.
[00:14:09]  Yeah.
[00:14:10]  That's going to get a bailout.

=== Losing Two Hundred Fifty Thousand (01:00) ===

[00:14:11]  Would you stop using that word?
[00:14:12]  Call them vultures.
[00:14:13]  No, man.
[00:14:13]  I hope every last one of them suckers is watching this video because you are a sucker.
[00:14:21]  You suck all kinds of.
[00:14:23]  You damn vulture.
[00:14:25]  You damn vampire.
[00:14:26]  I hope all y'all burning hell.
[00:14:29]  You a sucker.
[00:14:30]  All right.
[00:14:31]  I hope you see this video.
[00:14:32]  I don't even care if I make any money off this video.
[00:14:34]  No ads.
[00:14:34]  I don't.
[00:14:35]  I just want all you suckers to know that me and the resistance, we won.
[00:14:43]  You broke.
[00:14:44]  You broke as hell just like the rest of us.
[00:14:50]  Damn.
[00:14:51]  Good show.
[00:14:53]  Suckers.
[00:14:57]  Don't forget, go to officialhorse twins.com.
[00:15:00]  Go to the fight censorship tab.
[00:15:03]  Hit the links.
[00:15:04]  Follow us on Telegram.
[00:15:05]  Follow us on Rumble.
[00:15:07]  And follow us on YouTube.
[00:15:08]  They haven't censored us down yet.
[00:15:09]  Yeah, they're actually being fair.
[00:15:11]  Yeah.