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  • At this point, Like I said, I don't care about what my financial return is.

  • Now it's about sticking it to the men.

  • Colin McClelland is a 31 year old investor and podcaster from Houston, Texas.

  • He and thousands of investors like him took on Wall Street and sent shares in US gaming retailer Gamestop soaring.

  • So I first started seeing some commotion around Reddit on Wall Street bets for him talking about game stop and essentially executing a short squeeze on Melvin Capital, which is a hedge fund.

  • And I thought it was really interesting because you saw the common man fighting against Wall Street.

  • And so I put the money in the stock around $85 out of just principle that I thought it was comical.

  • Online brokerages, including Robin Hood, temporarily restricted trading in those stocks on Thursday, much to the anger off the online community, including investment vlogger on Robin Hood user JJ Buckner.

  • They accused the trading platforms of seeking to protect Wall Street's interest at the expense off smaller investors.

  • Robin Hood is not my mom and dad, and they can't tell me when I can and can't trade, you know they like to make the There was an email that's sent out to saying that like we're looking out for our investors.

  • No, you're not the invest.

  • We know what we're doing.

  • Like we live in a free country.

  • We live in a Let us live in a trade in the free market where we're able to dictate what happens with our money.

  • If I want to risk some of my money, Thio potentially earn some more because I know what's going on and I want to take advantage of the opportunity.

  • Let me do that.

  • Don't tell me you're looking out for me when we all know that prices were going to go up.

  • By the end off Thursday's trading session, Robin had reversed course and said limited trading in the stocks would resume on Friday.

  • That's what it is.

  • It's the regular Joes versus Wall Street and that's what when I put money into it, I said, Even if this goes to zero and I lose everything, I like being a part of it and that I think that that cinema has shared amongst a lot a lot of people regarded by market professionals as dumb money, retail traders some of them former bankers working for themselves have become an increasingly powerful force off the financial world.

  • That's sparking calls for greater scrutiny into trading on easy access online APS, fueled by anonymous discussions on social media.

At this point, Like I said, I don't care about what my financial return is.

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