Manage episode 283726040 series 2801517
In this episode Nathan brings on his friend Shaunticlair from the Election Day Podcast to talk about the explosion in price of stocks $GME, $AMC, $NOK, $BB, $BBBY, etc.. They discuss the WallStreetBets Subreddit and how they planned and coordinated this GameStop buyout, how the hedge fund investors are losing upwards of $70 Billion, the response from the Mainstream Media outlets and from prominent political figures, the restriction to trade GameStop and AMC on January 28th how GameStop could continue to grow in price as more investors buy and hold the stock, and how this situation has seemed to unite people from all backgrounds and political sides against the Wall Street jack asses. All in all, this week Wall Street has been financially gutted after decades of bending over regular investors, and it has been truly splendid to participate and watch the elite squirm.
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