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The Philip DeFranco Show

PDS 1.27 Messy Margot Robbie Controversy, Promising Young Woman, Carey Mulligan, Gamestop, AMC, &

The Philip DeFranco Show

philip defranco

News

4.81000 Ratings

🗓️ 27 January 2021

⏱️ 14 minutes

🧾️ Download transcript

Summary

Go to https://trynoom.com/phil and take your free 30-second quiz! Thank you #noom for sponsoring today’s video! Check out the new ACW episode with Daniel Sloss: https://youtu.be/j9eZhdzLwyQ -- WATCH Full “A Convo With” Podcasts: https://www.youtube.com/ACW  LISTEN On The Podcast Platform Of Your Choice: http://LinksHole.com WATCH the ACW Clips channel!: https://youtube.com/ACWClips -- 00:00 - GameStop & AMC Stocks 04:40 - Carey Mulligan Calls Out Variety 07:39 - Sponsor 08:39 - Biden's New Executive Orders And Roadblocks 11:07 - The Continued Controversy Around Rep. Greene  -- ✩ SUPPORT THE SHOW ✩ ✭ BUY our GEAR, Support the Show!: http://ShopDeFranco.com ✭ Lemme Touch Your Hair: http://BeautifulBastard.com ✭ Paid Subscription: http://DeFrancoElite.com  ✩ TODAY’S STORIES ✩  AMC and GameStop Stocks Surge: https://roguerocket.com/2021/01/27/gme-amc-stock/ Carey Mulligan Responds to Variety’s Apology After Review Criticized Her Casting & Looks:  https://roguerocket.com/2021/01/27/carey-mulligan-responds-to-variety/ Biden White House Aims To Advance Racial Equity With Executive Actions: https://www.npr.org/sections/president-biden-takes-office/2021/01/26/960725707/biden-aims-to-advance-racial-equity-with-executive-actions Judge Bars Biden From Enforcing 100-Day Deportation Ban: https://apnews.com/article/joe-biden-immigration-texas-barack-obama-51688033e490d50867e52ef9c8ec574f Rep. Marjorie Taylor Greene Expressed Support for Violence Against Top Democrats: https://roguerocket.com/2021/01/27/majorie-taylor-greene/  ✩ STORIES NOT IN TODAY’S SHOW ✩ Amanda Gorman Joins Super Bowl Pregame Festivities, Signs With IMG Models:  https://roguerocket.com/2021/01/27/amanda-gorman-joins-super-bowl/ Lawyers Petition India High Court Ruling: https://roguerocket.com/2021/01/27/india-high-court-controversial-ruling/ ——————————     Edited by: James Girardier, Julie Goldberg, Maxx Enright Produced by: Amanda Morones Art Director: Brian Borst  Writing/Research: Philip DeFranco, Lili Stenn, Maddie Crichton, Cory Ray, Neena Pesqueda, Brian Espinoza Production Team: Zack Taylor, Luke Manning  ———————————— #DeFranco #PromisingYoungWoman #GameStop

Transcript

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0:00.0

So you beautiful bastards.

0:01.7

Welcome back to the Philip DeFranco show.

0:03.4

It is Wednesday, January 27th, 2021.

0:06.8

Hit that like button, otherwise we'll punch you in the throat.

0:09.6

And let's just jump into the news of the day

0:11.7

so you can get back to yours.

0:12.9

The first thing they're gonna talk about today

0:14.8

is GameStop or as Elon Musk calls it GameStank.

0:18.3

What an absolutely insane situation.

0:20.8

For reference, back in July, the stock was only $4 a share.

0:24.0

But like we talked about on Monday, it jumped all the way up to $140 a share, then plummeting down to $70.

0:30.1

And then it proceeded to rise and rise and rise. And then Elon Musk tweeted about it.

0:36.1

Game stomp. Rise and rise. And as of recording about it. Game stock rise and rise and as of recording it is

0:40.2

$350 a share. Meanwhile it's also not just GameStop anymore shares of AMC open at $20 this morning

0:46.0

which is very notable because for the past month it's been trading around $2 also for transparency

0:50.8

sake I currently own some AMC stock I am not an advisor this is not advice i am not

0:55.4

making a recommendation i literally have no idea how anything works about anything have i made this

1:01.4

part clear literally the only thing i could maybe say i know there are going to be a lot of people

1:05.2

that make a lot of money and a lot of people that lose a lot of money that's that's what's happening

1:08.2

because trading has been so volatile today that AMC

1:11.2

and GameStop stocks have had to be temporarily suspended multiple times. As far as what's driving

1:15.3

these two huge optics, it's two main things, short selling and short squeezing. Try to oversimplify.

...

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