“Game’s the same, just got more fierce” and an interview with MSNBC’s Stephanie Ruhle
RiskReversal Pod
RiskReversal Media
4.7 • 836 Ratings
🗓️ 29 January 2021
⏱️ 51 minutes
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| 0:00.0 | Folks, welcome to On the Tape with Dan Nathan, Danny Moses. |
| 0:09.8 | I'm Guy Adami. |
| 0:11.2 | Listen, folks, normally we talk about Apple earnings. |
| 0:15.4 | We talk about what's going on in big tech. |
| 0:17.4 | We talk about a number of different things. |
| 0:19.0 | But you know what? |
| 0:19.8 | It's all bullshit because what's dominating local news, business news, national news, and you know what? Global |
| 0:26.2 | news is this phenomenon we're seeing in one stock in particular, and that's GameStop. It's the |
| 0:31.9 | little guy versus the big guy. It's David versus Goliath. It's all those things that you've read |
| 0:36.9 | about that are coming to fruition in real time in the stock market. |
| 0:41.0 | People that have never heard of stocks before are talking about it and it's fascinating. |
| 0:45.4 | I know Danny Moses has some thoughts. |
| 0:47.0 | I know Dan Nathan has some thoughts. |
| 0:48.5 | Later on, we're going to go off the tape with Stephanie Ruhl, MSNBC host, an NBC tech and business reporter. But first off, |
| 0:56.2 | Danny Moses, what is going on here? It's really appropriate that the stock happens to be GameStop, |
| 1:02.1 | which sells video games, because that really feels like what we've been living in here. |
| 1:06.1 | And I think of barbarians at the gate, but I like to think about what's going to be called |
| 1:09.8 | bagholders at the gate. If somebody wants to write about what's going to be called bagholders at the gate. |
| 1:14.2 | If somebody wants to write that book, maybe we'll get Michael Lewis to write that one. |
| 1:18.2 | But this, not to say you could see it coming because I don't think we saw this extreme, |
| 1:19.6 | but we've talked about this before. |
| 1:21.6 | In our first two episodes, we talked about Robin Hood. |
... |
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