“GameStop isn’t Blockbuster” — GameStop’s 100% week. Poshmark’s IPO outfit. Computer chips’ wild moment.

The Best One Yet

Nick & Jack Studios

Business, News, Finance, Pop Culture, Business News, Tech

4.6 • 9.8K Ratings

🗓️ 15 January 2021

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Poshmark pulled off the double-double IPO, but we don’t think it’s really an ecommerce company. GameStop’s stock (say 5 times fast) surged 100% in the last week, so we’re looking at why it’s no longer dead. And computer chips have never been in higher demand — and the industry has never seen so much drama.$POSH $GME $QCOMGot a SnackFact? Tweet it @RobinhoodSnacks @TBOYJack @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jack, and this is Snacks Daily.
0:04.6	It is Friday, January 15th.
0:06.5	We have a long weekend ahead of us, so we'll be back next on Tuesday.
0:10.1	Yep, last pot until Tuesday, Monday, MLK Day, markets are closed, Snacks Daily is closed.
0:15.0	MLK is such a cute abbreviation.
0:17.1	It's actually TRD, MLK Jack.
0:19.3	Jack, break it down, what's the takeaway here?
0:20.9	The Reverend Dr. Martin Luther King, Jr.
0:23.7	For the only name so great, you had to use two breaths for this thing.
0:27.5	It's been a tense moment for our country.
0:30.4	It's a good day Monday to reflect on Dr. King's messages of love, unity, and peace.
0:36.0	Yes it is, and Snackers, today's podcast, the best one yet, best one we've ever done.
0:40.6	For our first story, Poshmark, is the latest company to pull a double, double on their
0:45.0	idea.
0:46.0	Stock double twice because the clothing marketplace isn't really a clothing marketplace.
0:52.0	For our second story, we have a new video game idea for GameStop.
0:56.2	Alright, get this, get this.
0:57.4	It's a video game where GameStop stock dies and then it comes back to life with a vengeance
1:03.2	for our third and final story.
1:06.0	Computer chips are having an unprecedented moment.
1:08.8	Funny thing, Jack and I noticed here, the computer chip industry, starting to look a lot
1:12.4	like the food chip industry.
	...

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