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Armstrong & Getty On Demand

Ruh-Roh

Armstrong & Getty On Demand

iHeartPodcasts

Daily News, Society & Culture, News

4.63.5K Ratings

🗓️ 29 January 2021

⏱️ 38 minutes

🧾️ Download transcript

Summary

Hour 3 of A&G includes Wall Street's reaction to the Game Stop saga (and some strange bedfellows). Plus, Joe suffers from 2 episodes of Brain Flatulence.

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Transcript

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0:00.0

I've been trading heavily since quarantine started and I was shocked by this.

0:23.5

I personally did invest in AMC and Nokia.

0:27.0

I was a two of the stocks that the Reddick guy is in the Wall Street Bet's guys were pushing.

0:30.7

I've lived in the power of the internet.

0:32.7

When I saw what Robin Hood was doing, ironically Robin Hood take from the rich and give

0:39.8

to the poor even though they do the exact opposite.

0:42.2

I was stunned.

0:43.2

I think it's criminal.

0:44.9

I think there has to be an investigation.

0:46.7

I think people have to go to jail.

0:48.2

Whether that actually happens, I don't know.

0:50.8

But I've never been more convinced about market manipulation and the people, the hedge funds

0:57.4

controlling the game than today.

1:00.1

Yeah.

1:01.1

When the hedge funds manipulate the market, when the big guys manipulate the market and

1:04.3

that's what they do all the time all day long, that's how they fly around in helicopters

1:07.6

and whatnot, it's just part of the game.

1:10.7

But a bunch of Reddit users manipulating the market, oh, we can't have that.

1:14.0

It's time to change the rules immediately and put people in jail.

1:17.2

That's Dave Portinoi from Barstool Sports is strangely enough.

1:20.9

Correct.

1:21.9

Yeah.

...

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