Portnoy wants justice.
Source: Shane Trejo
Barstool Sports president Dave Portnoy appeared on Thursday’s edition of Fox News’ Tucker Carlson Tonight to demand jail time for the Wall Street kingpins who ordered trading to be halted after a legendary rush on GameStop stock from small investors.
Portnoy is outraged that trading has been disallowed by the Robinhood app, and the system is clamping down to save well-connected hedge funds bankrolled by billionaires that made risky bets in Wall Street’s rigged Ponzi Scheme casino.
“When he woke up and he said we’re going to halt trading and ruin our client base, he knew that was the end of Robinhood. Robinhood’s done. That company will cease to exist,” Portnoy explained, describing the actions of the company’s CEO Vlad Tenev.
“So he willingly blew up his company today. He knew that was going to happen. Why? Who’s in the backend? Who’s pulling the strings? Who’s making the decisions? We have to find out,” he continued.
Portnoy noted that the likely culprits “can write billion dollar checks the way we write ten dollar checks,” which is why he is demanding jail time for the Wall Street kingpins who have essentially ordered Robinhood to screw their customer base.
“If you lose money fair and square, fine, but nobody was under the impression somebody could just press the stop button and say, ‘guess what? We can crash this stock without you having any say. You can only sell it. You can’t buy it.’ What happened? This is like the movie Wall Street. This is insane,” he said.
The interview can be seen here:
Discord has banned a popular r/WallStreetBets server from its service, with the timing of the ban coming as small investors make a killing through purchasing stocks ‘shorted’ by Wall Street hedge funds.
Discord took the weak excuse of “Hate speech” for banning the server.
Retail investors had been using the Discord server for speculate about finance and the stock market, discussing shorted stocks such as Gamestop, AMC, and Nokia. Wall Street hedge funds have bet on these companies to fail, borrowing almost 100% of their stock at dirt-cheap prices. The casino gamble has failed, with individual investors scooping up the uninflated stock and essentially driving up stock prices by hundreds of dollars…
What a coincidence- Discord decides to ban the server the very same day that retail investors buy into stocks uninflated by the biggest Wall Street fat cats.
The San Francisco tech company has now sought to interfere in free markets on behalf of powerful Wall Street interests, cracking down on the little guy with bogus accusations. Don’t count on them facing any scrutiny for the anti-competitive action from the mainstream media.
The entire system is rigged from top to bottom, and corruption has reached biblical levels. There will be more peasant revolts like the GameStop stock buyup to come in the future.