35 Burst results for "Gamestop"

AMC Stock Tumbles After Retailer Announces Plan to Sell 15 Million Shares

Steve Scaffidi

00:15 sec | 3 months ago

AMC Stock Tumbles After Retailer Announces Plan to Sell 15 Million Shares

"And now and said it was going to sell 11 million shares. The stock had soared yesterday after getting attention on Reddit and Twitter by young investors similar to the Gamestop stock from earlier this year time for the WTMJ drinking Associates. Market updates

Reddit Gamestop Twitter Wtmj Drinking Associates
GameStop Announces Plan To Sell Up to $1bn in Stock

Stansberry Investor Hour

01:57 min | 5 months ago

GameStop Announces Plan To Sell Up to $1bn in Stock

"Game stop is going to sell up to three three and a half million new shares and they say they'll they'll sell no more than three and a half million shares and they will raise no more than one billion dollars. And i can understand the limit three and a half million shares. They've got sixty five million roughly outstanding. So it's like just called five percent. Maximum dilution which is not too terrible. But the amazing thing here is this is a good lesson for investors and something. I learned from marty whitman. Who has like one of the old school value investors and he. He passed away a few years ago but he. He's a really brilliant guy. And i recommend his books. I've read a couple of his books. And what whitman wittman was. He told the story of one of his books. He was working with the ceo of a company called neighbors. I think it was neighbors. Industries an oil and gas company and. He finally convinced the ceo. He's you don't raise money when you need it. You raise money when you can when the market is offering such good terms that you just can't say no and that's what's happening with game stop now it just so happens that they need it right there. Revenue in the past. Three years is down almost half its down like forty five percent it was nine point two billion i think like five point one billion now and you know like maybe a billion five may not even a third of it is online sales saw the rest of his coming through their stores and of course in twenty eighteen they got rid of. They sold their their. At stores they had something like thirteen hundred. At t. stores and they sold that business. They sold his assets. So they're all they're left with this game stop stores

Marty Whitman Whitman Wittman
GameStop Appoints Ryan Cohen As Chairman

Bloomberg Surveillance

00:23 sec | 5 months ago

GameStop Appoints Ryan Cohen As Chairman

"Investor Ryan Colin is chairman. To succeed Curtis Wolf, who resigned effective Monday. Cone will stand for election at the annual meeting on June 9th. He's Gamestop second largest shareholder, and he's leading a transformation in the company toward more. Commerce. A couple of ARNs reports out Constellation brands is one of them. It's down

Ryan Colin Curtis Wolf Cone Gamestop Arns Constellation Brands
Microsoft in Talks to Buy Discord for More Than $10 Billion

The Business of Esports

00:53 sec | 6 months ago

Microsoft in Talks to Buy Discord for More Than $10 Billion

"Paul. Wb the prophet of east sports. We'll be bringing you my hottest takes from the week. Basically everything you need to know about the business of sports all in about one minute. Let's go according to a report by bloomberg news. That came out on monday. Microsoft is currently in talks to buy messaging app discord for ten billion dollars. This news comes after venturebeat said the discord is exploring its options for sale in the wake of interest for multiple parties at ten billion dollars. This would be a steal. From microsoft discords growth has been meteoric however. This rumor creates a lot of questions. Why would discord self for ten billion dollars in the context of peers going public much. Greater valuations could discord have planted this story to create a bidding war. And why would microsoft spend almost twenty

WB Bloomberg News Microsoft Venturebeat Paul
Stock trading app company Robinhood files plan to go public

WTOP 24 Hour News

00:19 sec | 6 months ago

Stock trading app company Robinhood files plan to go public

"Trading at Robin Hood is planning to go public later this year. The company's at the center of a fight between online activist investors and institutional investors over companies such as Gamestop and AMC Entertainment. Robin Hood is under congressional investigation after restricting trading of those companies earlier in the year. The APP allows users to by fractions of a share in a

Robin Hood Amc Entertainment Gamestop
GameStop Appoints New Chief Operating Officer

Bloomberg Surveillance

00:22 sec | 6 months ago

GameStop Appoints New Chief Operating Officer

"Way from Intel, as well, we flip up the board and well we go cross asset, Gamestop. I mentioned it yesterday. Big news after the closing bell yesterday, hitting made missing. I should say that sales and profit but they're bringing in a new C O. A veteran from Amazon and Google, trying to get those digital sales which were 175% up, year over year.

Gamestop Intel Amazon Google
GameStop announces another executive departure

Yahoo Finance Market Minute

00:44 sec | 6 months ago

GameStop announces another executive departure

"Announced its chief. Customer officer is leading the company. This comes at the same time or in same day that the company will be announcing its quarterly results for its fourth quarter and fiscal year. Twenty twenty this is yet another major move after activists investor ryan. Cohen joined the board of the company back in january. It's also been the focus of a short squeeze. Shares today are around one hundred and eighty five dollars each remember that shares back in january were up at four hundred eighty three dollars of an intraday high on january twenty eighth. It's been quite a run for game. Stop and analysts are saying that the stock is trading detached from fundamentals

Cohen Ryan
GameStop to Release First Earnings Report Since Trading Frenzy

WSJ Tech News Briefing

00:18 sec | 6 months ago

GameStop to Release First Earnings Report Since Trading Frenzy

"Game stop is set to report earnings later today. It'll be video game sellers. I report since retail investors caused. Its share price to skyrocket earlier this year. We're expecting a strong showing game stops. I in years but even so questions remain about whether the struggling company can live up to its lofty new

GameStop Shares Swing Sharply in Volatile Session

Houston's Morning News

00:24 sec | 6 months ago

GameStop Shares Swing Sharply in Volatile Session

"Shares of the Texas based company ended yesterday's session of more than 7% rising for a six day that's its longest winning streak since September. However, the session was anything but a smooth ride at one point shares whiplash violently bouncing between $348.172 dollars in about 22 minutes. And there may be another sign of a return to social lives. Texas

Texas
GameStop Shares Jump After Retailer Taps Chewy Co-Founder Ryan Cohen To Lead E-Commerce Shift

Bob Sirott

00:22 sec | 7 months ago

GameStop Shares Jump After Retailer Taps Chewy Co-Founder Ryan Cohen To Lead E-Commerce Shift

"Shares of games Doc stop up nearly 12% in pre market trading after Bloomberg reported that the company tapped board member Ryan Cohen to guide the video game Retailers transition to an E commerce business. Going. A major Gamestop investor and founder of the online pet retailer Chui will lead a board task force on digital changes.

Ryan Cohen Bloomberg Gamestop Chui
Verizon is the top bidder on 5G spectrum, committing more than $45 billion

Wall Street Breakfast

01:00 min | 7 months ago

Verizon is the top bidder on 5G spectrum, committing more than $45 billion

"The fcc has announced the winners of wireless airwave auction. It conducted over the past few months which racked up a record. Eighty one billion in bids the mid band spectrum sometimes called the goldilocks band is well suited for five g networks because it is able to transmit large amounts of data on a wavelength that can travel long distances. The two hundred and eighty megahertz spectrum is also especially important to wireless giants who've been trying to fill out their spectrum. Portfolios the big winners verizon via itsel co partnership subsidiary bid nearly forty five point five billion on the airwaves. at and t. through atp spectrum. Frontiers bid twenty three point. Four billion while t mobile bid nine point three billion it already acquired amid band through its merger with sprint. The results were in line with industry expectations and reflect. How important securing licenses for the airwaves is for the carriers.

FCC Itsel Co Verizon Sprint
GameStop Is Happening Again

WSJ What's News

01:29 min | 7 months ago

GameStop Is Happening Again

"May be watching game stop again. today it shares skyrocketed in the final hour of trading. What prompted this late rally. We're going to bring in markets reporter caitlin austr- off into the conversation. She's covered game. Stop a lot lately caitlyn. Hey mark so kayla. Shares of game stop finished one hundred four percent higher to close more than ninety one dollars. It was hovering below fifty dollars for most of the day. What's the explanation behind this. So it's hard to say what caused game. Stop sheriffs to take off so much in the last hour of trading. What we do know is that you know you had keith. Gill saying that. He was going to double down on his game. Stop bets over the last couple of days. He's still really optimistic on the company. And that's what other people on wall street beds to say that they also are optimistic. You also had games top. Say that it's chief. Financial officer would resign next month. And so maybe that was. Also another case for people to maybe. You know think about the company's future could be different than what it had been a week ago but we don't really know exactly what causes it. You had a lot of people on wall street bat to were saying you know. They were caught off guard by sudden rise in shares and you can have big institutional players with deep pockets who can more easily move the share price who may be just doubled down on their bets that we could see games top perform

Caitlin Austr Caitlyn Kayla Gill Keith
The story of Australia and the internet

This Week In Google

02:23 min | 7 months ago

The story of Australia and the internet

"So just to recap long tawdry story of australia and the internet so rupert murdoch who is of course australian and i you know kind of coincidentally also six hundred. He is the Well he's pretty is pretty burs very close very close. Who's love journalism refusal. He started it was his first newspaper. Australian i know he is yes yes he inherited from his father. Oh okay from kevin murdoch. And then he bought sun in brittany brought. Some venture eventually ended up in a battle with with robert maxwell and one that the sun but he built his empire first austrailia and of course now the wall street journal fox He is your post. The times of london does on a media. Baron and apparently has quite a bit of clinton loss in australia. Because he yeah. He convinced the australian parliament to consider a bill which was likely by the way to be Voted on this week and pass that would essentially Establish a link tax to companies like google and facebook co published news snippets. They would not the the value. The sent to newspapers and magazines would not be a compensated. Any way it merely the fact that they're using the content some small amount of that content in their search results or in their links That the parliament said well. We're going to say you got pay for that. Google is the first to capitulate first threatening. We're gonna we're gonna retract search. We're gonna if this passes. We're going to leave australia. Apparently they didn't either didn't work or they didn't. They lost their nerve. Because shortly thereafter they made a deal for paying some unnamed some to murdoch and other publishers thought to be fairly hefty amount of money tens of millions of dollars to the benjamins tens not hundreds tents. All right well but a two platforms times ten times five years or something. It adds up. Buddy was one of those deals where there's a face-saving going on as well because oh we're going to work together we're gonna create stuff. It's going to be a joint venture that kind of thing that i've just here go away. Take some money which is what it really probably is

Kevin Murdoch Australia Rupert Murdoch Robert Maxwell Australian Parliament Brittany The Wall Street Journal Baron The Times Google Clinton SUN London Facebook Parliament Murdoch Buddy
House Financial Services Held Hearing on the Buying and Selling of GameStop Stock

Todd and Don

00:33 sec | 7 months ago

House Financial Services Held Hearing on the Buying and Selling of GameStop Stock

"Services Committee had a hearing on the buying and selling a Gamestop stock of the social media website. Reddit Jaime Roldos Inskeep, the founder of Red. It's Wall Street bets form, says he doesn't expect the trend of short term Trading to stop any time soon because of the success that was seen with Gamestop. Now that these retail traders have gotten the teeth for it, it's gonna be really difficult to put the cat back in on that bottle. Especially now that there's such a huge, huge collective number of them. Answer says It shouldn't be a lot of new regulation when it comes to the stock market in the future. With the

Services Committee Jaime Roldos Inskeep Gamestop Reddit
Sharp Questions Fly at GameStop Hearing; Citadel CEO Testifies

C-SPAN Programming

01:55 min | 7 months ago

Sharp Questions Fly at GameStop Hearing; Citadel CEO Testifies

"Online brokerage firm Robin Hood and read it facing probes by the Departments of Justice, the Commodity Futures Trading Commission and both chambers of Congress. That investigation and some sharp questions on display today's congressional hearing. The Wall Street Journal is reporting that the stock of the video game retailer shares soaring this last month to above $480 a share. Keep in mind that was up from just $18.84 on January 2nd of 2021 the surge fueled in part by an army of an individual traders, they were buying shares and options and trying to squeeze out the hedge funds who were shorting the stock. Now, the episode has led to questions about the markets integrity. It's also set up a zoo said Just a moment ago, US. There is a federal investigations into market manipulation. Prosecutors have subpoenaed information from brokers like Robin Hood, then the online brokerage company that many individual investors used to trade. Gamestop is one of a zealous other stocks among those testifying Keith Gil. He is with the Chicago based hedge Fund Citadel LLC. I'm happy to discuss with the committee my purchases of Gamestop shares in my discussions of their fair value on social media. It is true that my investment in that company multiplied in value many times for that. I feel enormously fortunate. I also believe the current price of the shares demonstrates that I've been right about the company. A few things I am not. I'm not a cat. I'm not an institutional investor, nor hedge fun. I do not have clients and I do not provide personalized investment advice for fees or commissions. I'm just an individual whose investment in Gamestop and post on social Media were based upon my own research and analysis. I grew up in Brockton, Massachusetts. My family was not wealthy. My father was a truck driver in my

Departments Of Justice Commodity Futures Trading Comm Robin Hood Gamestop Keith Gil Hedge Fund Citadel Llc The Wall Street Journal Congress Chicago United States Brockton Massachusetts
Robinhood and Reddit in the spotlight during GameStop congressional hearing

Bloomberg Markets

00:31 sec | 7 months ago

Robinhood and Reddit in the spotlight during GameStop congressional hearing

"The CEOs of Robin Hood's Citadel and read it are going to be on Capitol Hill today. To answer the for the massive swings and MIM stocks before the House Financial Services Committee. New York Democrat Gregory Meeks sits on the panel. He tells Bloomberg. He wants to know if retail investors were taken advantage of Basically that you know, the name of the subcommittee that's in charge is invested protection. Make sure that the average everyday investor is protect that hearing gets under way at noon. Wall Street Time stay with Bloomberg Radio for

House Financial Services Commi Democrat Gregory Meeks Robin Hood Capitol Hill Bloomberg New York Bloomberg Radio
Robinhood-GameStop hearing will scrutinize how brokerages get paid for trades

Wall Street Breakfast

01:19 min | 7 months ago

Robinhood-GameStop hearing will scrutinize how brokerages get paid for trades

"Game stop hearing on capitol hill stock market versus casino and news from down under leading. Today's news grab the popcorn. Robin hoods vlad. Tentative melvin capitals. Gay plotkin rutted steve. Huffman and citadels kenneth griffin and keith. Gill are also to testify. Before the house financial services committee at twelve pm eastern lawmakers will get their chance to grill the executives and hearing focused on short selling online trading platforms gamification and their systemic impact and our capital markets and retail investors. Also making an appearance is read it trading star known as warring kitty who is credited with helping start the game stop mania though his actions are being pro by massachusetts regulators since he was a registered securities broker an army of day traders following wall street bets the red at forum dedicated to quote making money and being amused while doing it up ended some market dynamics last month by taking aim at some heavily shorted stocks they ran them up as a group triggering short-squeezes and causing some hedge funds like melvin capital to record billions of dollars in losses. The party came to an end after brokerages restricted trading on stocks like game. Stop an amc entertainment. Though robin hood took the most flak due to its communication about the events and delay and taking curbs off of a meme trading

Melvin Capitals Gay Plotkin Kenneth Griffin House Financial Services Commi Robin Hoods Huffman Gill Keith Steve Mania Kitty Melvin Capital Massachusetts Amc Entertainment Robin Hood
GameStop Frenzy is Focus of Hearing in Washington

WSJ What's News

00:49 sec | 7 months ago

GameStop Frenzy is Focus of Hearing in Washington

"Recent frenzy surrounding the shares of game stuff will be the focus of a hearing today by the house. Financial services committee in washington. Here's the journal's paul curated you're going to hear people talk about short-selling and whether there's enough transparency around that which is a question that the securities and exchange commission is also looking into during here about the role of social media and you're also going to hear about. Gamification is a term that describes the robin hood trading platforms use of push notifications and graphics like digital confetti and free shares to encourage its users to trade as much as possible. The ceo of the online trading platform. Robin hood is among those expected to testify. We'll keep you posted on

Financial Services Committee Securities And Exchange Commis Journal Washington Robin Hood
"gamestop" Discussed on KCRW

KCRW

02:31 min | 8 months ago

"gamestop" Discussed on KCRW

"What is going on with Gamestop, But before too long, the rocket ship ran at a fuel. Gamestop shares get killed, plummeting lower at lightning speed, the huge pop the sudden crash. It was dramatic and weird. And that's also why it's unlikely to happen again. Any time soon. Call this tip number two market seemed to operate almost as a learning machine. You have human beings trading some smart hedge fund investors got burned here being in a vulnerable situation, they learn the market learns markets are highly adaptable. And can not to see the same mistake happened frequently. Okay, So if riding the next Reddit group rocket ship is probably not going to work, what's a better strategy number three. Don't try to pick individual stocks. It's too difficult to pick winners and trying to get in and out of stocks quickly day trading or buying options, which could be much riskier than just buying regular stocks. That gets even harder as an everyday investor. You're just out guns. The Super Bowl's coming up. I don't want to get on the field with those guys. They're bigger, faster, stronger, tougher than me out. I would need three stretchers for them to carry my body pieces off if I played football with them. When you are buying and selling against high frequency traders and Mo mentum hedge funds. That's the plan against Super Bowl level people. This gets us to tip number four. You beat Wall Street by not playing that game you by broad based index funds that lets you own the entire stock market, basically, and a mix of other types of investments, too, at a very low cost. History shows that approach gives you the best returns, Riddled says. That's the best bet for most people, he says. If you just really want to buy some individual stocks just make that a very small part of your portfolio. And listen. I'd like to buy and sell stocks occasionally. I don't mind occasionally taking a flyer on something, but I do it with money that I can afford to lose. And I'm gonna assume that is going to go to zero. There are riskier bets that you could make to some that only pay off of a stock like Gamestop goes through the roof Riddled says That's more like gambling than investing, he says. If you want to put 100 bucks on a number on a roulette wheel, okay, but the odds are very high that you're gonna lose. Chris.

Gamestop Reddit Chris Mo
"gamestop" Discussed on The Daily

The Daily

04:23 min | 8 months ago

"gamestop" Discussed on The Daily

"That the looters and opportunists have also arrived and so it's a very mixed group that's involved in this quote unquote trade. But if there's anything beyond this trade the trade is for trust that's the real trade here and it's an american story. It's an american story of distrust. We're all struggling with in so many parts of society right. It sounds very much like the story of twenty twenty one. Absolutely thank.

"gamestop" Discussed on The Complete Guide to Everything

The Complete Guide to Everything

03:31 min | 8 months ago

"gamestop" Discussed on The Complete Guide to Everything

"You can follow us on <Speech_Male> instagram at tc. <Speech_Male> G. t. e. <Speech_Male> Follow me on <Speech_Male> twitter <Speech_Male> and instagram. <SpeakerChange> At tom <Speech_Male> reynolds. <Speech_Male> And you can follow me <Speech_Male> your team and be sure <Speech_Male> to report <Speech_Male> all those ads <Speech_Male> spam <SpeakerChange> or <Speech_Male> sexually explicit. <Speech_Male> Same <Silence> thing <SpeakerChange> with tim's posts. <Speech_Male> <Speech_Male> Yes sure whatever <Speech_Male> <Speech_Male> <Speech_Male> if getting <Speech_Male> kicked off. Instagram <Speech_Male> is what <Speech_Male> gets me <Speech_Male> off <SpeakerChange> instagram. <Speech_Male> I'm fine with it <Speech_Male> <Speech_Male> Tim i <Speech_Male> i did not <Speech_Male> by sharing <Speech_Male> game stop <Speech_Male> but i did buy <Speech_Male> a share in. Amc <Speech_Male> <Speech_Male> which was the new <Speech_Male> game. Stop <Speech_Male> and they're <Speech_Male> screwed. I did the <Speech_Male> same. Yeah <Speech_Male> and then. Afterwards <Speech_Male> though. I even thought <Speech_Male> like <Speech_Male> i don't want <Speech_Male> amc to fail. <Speech_Male> Like i don't care if game <Speech_Male> stop fails <Speech_Male> like game substantive. <Speech_Male> I don't want those <Speech_Male> people lose their jobs <Speech_Male> but by game <Speech_Male> subs destined <Speech_Male> to fail <Speech_Male> But amc <Speech_Male> hopefully <Speech_Male> is not to fail. <Speech_Male> Hopefully we still <Speech_Male> have movie theaters <Speech_Male> <Speech_Male> after all. <SpeakerChange> This is over <Speech_Male> <Speech_Male> i love. Amc <Speech_Male> and i <Speech_Male> want to see them. <Speech_Male> Succeed <SpeakerChange> <Speech_Male> i <Speech_Male> do wonder a little <Speech_Male> bit. 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He asked <Speech_Male> <Speech_Male> some people <SpeakerChange> really like <Silence> birds of prey <Speech_Male> <Speech_Male> right. You <Speech_Male> didn't gives you don't like <Speech_Male> female. Fronted <Speech_Male> movies. I <Speech_Male> thought it was okay. <Speech_Male> I didn't think it <Silence> was great. <Speech_Male> <Speech_Male> I thought it was <Speech_Male> probably <SpeakerChange> one of my <Speech_Male> favorite dc <Silence> movies. <Silence> <Speech_Male> The <Speech_Male> e. you <Silence> movies. That is <Speech_Male> tom. They <Speech_Male> got space jam <Speech_Male> coming out <Speech_Male> there. They don't <Speech_Male> think that <Speech_Male> new space <SpeakerChange> jam is <Speech_Male> going to be good. <Silence> Why not. <Speech_Male> <SpeakerChange> <Speech_Male> i don't know. <Speech_Male> I think it's going to be <Speech_Male> bad. I think it's going <Speech_Male> to be like a simultaneous. <Silence> <Speech_Male> Like nostalgia <Speech_Male> play <Speech_Male> for the original space <Speech_Male> jam coupled <Speech_Male> with like <Speech_Male> oh look it's bugs <Speech_Male> bunny <Speech_Male> dancing. <Speech_Male> The floss <Silence> remember that <Speech_Male> but <Speech_Male> but not remember <Speech_Male> that when we add <Speech_Male> this movie <Speech_Male> three years ago. <Speech_Male> That was the big <Speech_Male> thing and now it's too <Speech_Male> late <SpeakerChange> to change <Silence> it. <Speech_Male> <Speech_Male> <Speech_Male> That's <SpeakerChange> at all movies <Speech_Male> are now. <Speech_Male> Yeah <Speech_Male> no <Speech_Male> maybe maybe. <Speech_Male> Amc <SpeakerChange> should die <Silence> too. <Speech_Male> <Speech_Male> Well hey <Speech_Male> if <Speech_Male> this what movies <Silence> are going to be <Speech_Male> five to want <Speech_Male> to bugs bunny up on <Speech_Male> the big screen. F- <Speech_Male> lossing that's <Speech_Male> hilarious. <Speech_Male> It is pretty funny. <Speech_Male> I would like <Speech_Male> bonnie and then he does <Speech_Male> the dance at the backpack <Speech_Male> and <SpeakerChange> made <Speech_Male> to see that <Speech_Male> on the big screen <Silence> possible. <Silence> <Speech_Male> Let's short <Silence> i max next. <Speech_Male> <Speech_Music_Male> We'll see you next week. <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Music> <Speech_Music_Female> That was a hit gum podcast.

next week three years ago Instagram nineteen eighty-four instagram this year twitter one room Tim five Speech_Male one Speech_Music_Male tim
"gamestop" Discussed on The Complete Guide to Everything

The Complete Guide to Everything

03:40 min | 8 months ago

"gamestop" Discussed on The Complete Guide to Everything

"Like Bobby darin that that. I bet that's like a Is gonna say a ventriloquist. But i meant Burlesque like a burlesque name. Bobby pins you know what i don't. Miss lewis serves the fact that like like. Oh yeah i'm gonna go like somebody's like you ought to go to a comedy show and you're like cool and then there's a comedian and like ed. Now that was just the opening to a burlesque. Show that's to be like. I've got squeezed going into a lot of perverts. Hate him. tom I've been really listening to past episodes and realize that your guys humor has rubbed off on me. So i guess i have the same humor as late thirty year. Old guys now. Lma o. j. k. Luvyo i've been listening but doesn't sound like she does three years so i guess you guys are pretty funny so i must be pretty funny too. It's not how mathworks anyways for my question for your advice segment. It doesn't seem like bobby really do show here. You should have vetted this problem a little bit better. I think. I wanna get into a relationship now but i don't wanna go online dating like my peers. I'm in my early twenties. Also i don't wanna date any of my coworkers because it'll be weird if we ever break up right. I'm also an introvert. So i don't like going out even pre corona times I don't even like to go out and hang out with my friends. Obviously it'll be hard for me. So what should i do instead additional info. You might need in solving this. I'm a heterosexual. Girl went to an all girls school since preschool up to high school never had a boyfriend or been in a fling. I'm pretty talkative though. So if you walk up to me after corona times in don't give up a bed slash dangerous vibe. I could probably chat slash carry a conversation with you. Well hope he didn't accidentally say my name or email address. Ll stay safe bubby. I think she'd be thanking us. If we said her email address may be. We get some potential suitors. Yeah that would have you saw what her email addresses. It's i can't make heads or tails of it. I can't even ask villagers. I've ever seen well You miss your chance at getting free creeps in your inbox now. Let's assume this.

three years Bobby j. k. Luvyo tom Bobby darin late thirty year twenties lewis early
"gamestop" Discussed on The Complete Guide to Everything

The Complete Guide to Everything

04:12 min | 8 months ago

"gamestop" Discussed on The Complete Guide to Everything

"Sikora dot com slash guide. Okay i know enough for 'voliti yeah let's get down to game stop. Let's get down to game. Baby can just say real quickly about wall street tom. I like you am bored. I can't find eddie interesting about wall street. But then whenever i read about wall street for more than three minutes i just get so blind with rage just impotent rage. Well so agnes. So what's going on right now with with With game stop is one of those things why there has been kind of a backlash and now you understand it. Because i can explain it to you. I think i now understand it. I mean i understand. I'm wary of spending too much time on this. Especially since. We're recording this thursday. Since tuesday this has gone through a trillion iterations. So this story will nothing like this when this time when this episode comes out and also everything was so sick of freedom here this so the basics though in the beginning for anybody. That doesn't understand who is in a a stockbroker like me man. That's the other thing is one of those episodes. Were like not only are we gonna get you know. Correction sent to us by people were correction. Sent to us by some of the worst people. Out there i mean already with the click beatty title that s episode has and. None of these people are still listening. But this is good for you. know what. Thirty one star apple reviews we. We talked about at the grilled cheese sandwich for ten minutes. People are gonna short this podcast. So basically the this giant hedge fund was shorting a stock which is which is crazy. That it's a loud because basically it is somebody saying. Hey i think the stock's gonna go down. So the way i can make money off that is i can borrow the stock not by borough it from somebody immediately sell it to somebody else at the price. So say it's fifteen dollars. I'm going to borrow it. Sell to somebody for fifteen dollars now. I've got thirty days. That i before i got to give that stock back and i'm basically betting that within those thirty days a saas can go down and when it's seven dollars i'll be able to buy it for seven dollars handed back to the person i borrowed it from Here you go sued the stock. I borrowed from you and keep the difference and now the problem i mean i think it's like seventy percent correct enough it. It betting that a stock is go down right but it's betting but then it's also borrowing that stock and now the the two other things going on here is win hedge funds. Take a big position doing this. Then it is in their interest to make that stock go down which they can do through various manipulations so they're betting against companies and companies like game stop and toys r. us and stuff these kinds of companies that are on the ropes. And like of course they. They're almost certainly going to fail. These people come in and basically speed up that happening right by forcing the stock to go lower and lower now reaching themselves in the process. Yes and now what. Yeah and like you know. Basically ripping off piece of job creators. We're talking the demise of business. Well and they're basically ripping off other people who are looking at the stock. You know rationally and saying okay. Yeah this based on the earnings per share this this company's worth about fifteen dollars a share. That seems like a fair price..

fifteen dollars seventy percent seven dollars thirty days ten minutes tuesday Thirty one star more than three minutes Sikora dot com two other things game stop about fifteen dollars a share wall street game stop and toys thursday apple wall street tom one of those episodes one of those things iterations
"gamestop" Discussed on The Complete Guide to Everything

The Complete Guide to Everything

05:21 min | 8 months ago

"gamestop" Discussed on The Complete Guide to Everything

"And dairy queen every day and have five coca-cola's there you see. This is why nobody thinks that things are on the up and up. This guy's going to mcdonald's and dairy queen every day in rink in three gallons of coca cola ninety years old. Yeah but that the standard american diet killed everybody else but seventieth birthday yeah. I've no he's he's found the secret. And the secret is being a multi. Multibillion air yeah exactly. But i think everybody's like i mean there's so there's treatments that i don't have access to one man tried to eat mortgage mortgage spurlock. Try to eat the mcdonald's every day when he was like thirty. Yeah but that was exaggerated and that guy's a creep. I mean there's that guy who eats for every meal and he's skinny as a rail have it. he barks doesn't parfitt up. I think his body is just a tune to only accept big mac nutrients but anyway his body processes special sauce in such a way. You and your shakes. His liver breaks down the special sauce and makes it into amino acids or something. That's party needs. I just my other thing with warren buffett is like you know he's famously like oh he's been living in the same house in omaha since nineteen fifty eight like yeah he doesn't have any extravagances and stuff and my thing is then. Why the hell you do in this. Yeah like you know as as ridiculous as it is when you see the way. Some of these billionaire spend their money. Yeah that's yeah that'd be cool. Yeah if i had billions of dollars it'd be pretty cool to have that giant boat. Sound like it'd be pretty cool to just live in my old house and it's like well then why am i killing myself. Making all these billions of dollars. Why don't you stop you. Stop and just give it all away and beyond give away everything except you know a million dollars that i'm gonna keep in case. I live ten more years. So i can live those ten years comfortably in this house. That's already paid for and yeah just gay giveaway all my money anyway. If we're above is listening. Give me all your money. I'll find a way to give it away. What would you do with you if you if you got tom. Finney million dollars tomorrow. Fifty million fifty million. How much of that and like the post taxes right so your bank account How much of that immediately would you give away. Probably none immediately like i would really have to. I'd like higher money manager and within the first year or two how much give away I don't know. I've never really thought very sit near real big game the money you should give most this absurd scenario where we get a huge lump sum of money. I don't know i. I'm not willing to commit to getting any of well. I guess that's basically the answer. I'm giving my and my reasoning would be well. I used to not have fifty million dollars. So i'd like to keep fifty million dollars now. Thank you just to see what it feels like not even gonna spend it just what it feels like to walk around with fifty million dollars in my pocket. Yeah which actually reminds me of. I think one of the only interesting facts. I've had about a sack market. Three wall street executives won the powerball lottery and twenty the were they plague. The two hundred fifty four million dollar jackpot was larger than eighty. Two million they're small investment firm.

Two million three gallons omaha ten years thirty ten more years fifty million dollars two first year warren buffett billions of dollars tomorrow five two hundred fifty four million one mcdonald's ninety years old Fifty million fifty million million dollars twenty
"gamestop" Discussed on The Complete Guide to Everything

The Complete Guide to Everything

05:36 min | 8 months ago

"gamestop" Discussed on The Complete Guide to Everything

"A podcast about everything. I'm your host top. And i'm tim tim. How're you doing this week. tom. I gotta be honest. A little disappointed. In what i feel like my dreams have been dashed. That happened a long time ago. No i mean yeah. But then. I thought i could get my mojo back by and become a a major league baseball designated hitter tim. I've you that that those days past time you never listen to me. I think i could be a good knuckleball pitcher. Yeah if i could get strong enough right. Just get the arm strength. i think i could. I could pitch well into my fifties and sixties looking to you know. Get the arm strength to be a pitcher. You don't have to work on one arm. So presumably you can do it in a half the time. Yeah that's what i've been doing. I also wanted to get things moving for me by introducing my signature sandwich. Timbo in really have it widely adopted and i will say at first I was heartened by the response. I was getting a lotta pictures of people who who made the timbo. Have the death. Threats started coming in. Have you docks stover timbo yet timbo. Yeah now. i think it's it's brought joy and delight to the people who who went out there and made it however it seems like the chatter. It's really died down. And i'm bringing it up again here. I feel like we don't do a lot of follow ups on this show. No and i just wanted to follow up. Hey the timbo is still a really Innovative citing sandwich. Not for you to say it's for other say i know and i want people to try it out. So here's here's here. It's potato bread. And now that's just potatoes. You smash into bread. No they still have at the store potato bread. It's with the rest of the vegetables. Two bread mashed up with potatoes. Some water and make a little slurry out of it and then they put that in the oven. I think. Then it's american cheese caramelized onions pickled.

tom fifties this week one arm Two bread tim tim sixties tim american time first
"gamestop" Discussed on Lovett or Leave It

Lovett or Leave It

03:31 min | 8 months ago

"gamestop" Discussed on Lovett or Leave It

"I don't know if it'll be in twenty two or twenty twenty four or after that but if the people who do the work to turn out the vote their votes count. They win the election. Nothing changes Meanwhile the other party in state legislatures is out there making it harder to vote you just responding to their defeats by trying to win by cheating. Eventually that that's going to unravel itself. Joe joe mansion. Chris maybe an appeal to their own sense that they will have a harder time winning elections if they don't do what it takes to make voting fair and you can't do that without getting rid of the filibuster i mean if all they're thinking about in terms of making this calculation is what effect it's gonna have on their re electability several years down the line that seems like a pretty straightforward way to make the case to them like there's the principle of the majority gets to govern and there's also the like. Do you want your voters to be able to cast ballots for you easily. Maybe somewhere in there. They'll they'll get a sense of moore's on the line and just like whether they'll be blowback in arizona because of ads mitch mcconnell runs or whatever yeah does seem to. We have to make a policy argument about basically like a system where there is no causing effect between vote. Outcome is one that has rewarded. Cynicism it's rewarded a sense that nothing matters. It is rewarded the kind of politics that led to somebody like trump like yeah if republicans gained full control. And there's no fulfil buster. There's more damage that they can do. But let's not bad on. How quarter of our program. Let's not bad on a third of our program. Let's bet on our program our ability to use our program to win. I think it's the substance you know if you abolish the filibuster. What are you gonna pass. What are the details of those bills. That's important they should be good laws and they should help people and that will feed the cause of helping. Democrats continue to win election so that this authoritarian party doesn't get rewarded with more power but the question of whether they govern at all is going to matter almost as much that the people who put in all the work over the last four years including the people who listen to this show and our supporters of crooked media if they come to see that all that work cannot be transmitted into the ability for decent people to govern than what is their incentive to get involved in the next election and the election after that. And that's really ultimately what i worry about. Less is every program that they pass going to be super popular implemented well thus redound to their political benefit in two four six or eight years and just do people get the sense that when they vote for the party that they support that the party that they support will get to to govern. Yeah to get their fingers you know. Yeah yeah brian boiler. It's good to talk to you. Thank you for being here. So sorry about Phil a buster really inappropriate interruption. Everybody checkout re rubicon season two. it's awesome. It's a great way..

trump Chris mitch mcconnell brian boiler arizona Democrats rubicon eight years republicans two twenty two Phil twenty six last four years Joe joe mansion twenty four season two program third
"gamestop" Discussed on Lovett or Leave It

Lovett or Leave It

03:22 min | 8 months ago

"gamestop" Discussed on Lovett or Leave It

"The stock trading app robinhood announced that they would limit trading game stop and amc shares and everyone from ted cruz to hated it. As far as bets on where unity was gonna come from. I don't think anybody thought it would be edged. Lured finance sub reddit. That's what would bring them together now. Tweeted that what was happening with. Robin hood was unacceptable. Then ted cruz tweeted. I agree and then tweeted back. And this is real. I am happy to work with republicans on this issue where there is common ground. But you almost had me murdered three weeks ago so you can sit this one out. Happy to work with almost anyone. Gop that aren't trying to get me killed in the meantime. If you wanna help you can resign. So that's a no ted. Aoc just yes so alice. It feels to me as though ted cruz has not seen any prestige tv. Because you can't foment insurrection that threatens the lives of other cast members and then immediately tried to create an unlikely pairing you have to let that simmer for at least two season or to show some be that show some growth as a character and then create a situation in which. Abc has no choice but to work with ted cruz and then for a few minutes halfway through the episode afc wonders. If ted cruz has changed and then at some point it becomes clear that he has not changed he is still the same repellent schmucky always was. And that's the end of the bottle. Up and i cannot we we we've seen we've seen it a thousands of ourselves did also if you want to you want to form an unlikely pairing peop- in politics just follow the example set forth by closer and they're doing it before is perfect doing it's already. Joe manchin. johnston buddha judge. What are those crew. What are they gonna talk about That's a great. That's i'd like to see that. Pine barrens them stuck in the new woods. Doug jill chaston cabin in the woods go jordan edge jordan. Tim jordan law. Stay up all night. What do they have to be. I mean who cares in california gavin. Newsom cancel the stay at home order for the state. Despite the fact that many issues are still a capacity facing criticism about mixed messages and capricious decision. Making kim said to john junior. Who listened for a while and then was like can we stop talking about him for five minutes because it doesn't sound like you're over him you don't like him but you're constantly bringing him up and i should notice that while i quoted don jr. and kim at normal volume. You should know that in reality. They were shouting at each other at the top of their lungs. While i want to know what love is and newsmax both played at the exact same time at former aiming just screaming. That's a joke. I cross a kitchen with a two big island while while don jr. is sitting for a portrait and looking at different graphic designs for his various political opportunities just licking his gums painting. Meanwhile biden's one point nine trillion dollar covid. Relief.

Joe manchin reddit five minutes john junior three weeks ago both ted cruz republicans don jr. one point california nine trillion dollar ted Abc thousands Tim jordan johnston kim alice Doug jill chaston cabin
"gamestop" Discussed on Part of the Problem

Part of the Problem

07:58 min | 8 months ago

"gamestop" Discussed on Part of the Problem

"We need a roll back. The state we spy on all of our own citizens are prisoners. Loaded with non violent drug offenders. If you wanna know who. America's next enemy look at who were funding right now. One of the our government doing way too. Did you work. what's up everybody. Welcome to a brand new episode of part of the problem. I am smith doing this episode solo And we're also a little bit late on it. I apologize for that. It's not russia's fault he's He'll be out for this episode just me but i wanted to talk a bit about the game. Stop insurrection as it was an ira. Ironically labeled by bloomberg an insurrection. That's the word to go with now. I guess to get people scared This is one of those times where we are a little late with the episode. But i'm actually kind of Glad that we are because this stuff that's going on right now is really really interesting on many different levels and I i'm glad i was able to like dig into it a little bit more before we Before we recorded this. So i a lot of people are talking about this this craziness with the stock of game stock also a few other Companies amc and other companies. That have kind of been driven up. but primarily game stop is the big one right now and there's it's not just what happened with the stock but it's the reaction to it. It's who the winners and who the losers were. And what it revealed about the whole system and how the system works and now it's bringing up all of these questions about Capitalism and regulations and wall street speculation. And all this other stuff. So i wanted to talk about all of it and i wanna try to give a little bit of a different perspective on this than just your what. Everybody else is saying. on all different sides of at which you know like there's there's a lot of people out there who are making good points about this i i'm not even disagreeing with with a lot of them but i think maybe we could talk about it in a slightly different angle and give the a little bit. More of the. The and cap libertarian Take on all of this so let me start first by focusing on kind of the bigger picture which is what i do. They big picture. Smith and tell you about how i view all this whole system and this whole game. I think that that might be helpful to think of it as a game. So when when we talk about capitalism free markets lazy-faire as it's known in other words voluntary exchanges Think of it as a game. Think of it. Let's say it's like a basketball okay. Which is the game. I used to play a lot when i was younger. And i had knees So let's let's just think of it as as and when talking about this game it's everything that involves people making voluntary deals exchanges To improve their standard of living. So if you think about the the idea of like on the most basic level a trade like if you think about one person you know in a very primitive economy One person is is like a farmer and he he plans corn and another person. Is you know. Like a makes wooden fireplaces chops down trees and and collect logs and builds a little fireplace and that one of them has a whole bunch of corn. The other one has a whole bunch of lumber and eventually you get to a point where people this one guy is really figured out how to plant corn and this other guys really figured out how to chop down trees and and build a little fireplace and at a certain point. They both have a little bit of expertise in those fields. And the guy who. is is planting corn. He has enough corn to eat. And then some extra corn. And the guy who is building fireplaces. He's warm and he has a couple extra fireplaces that he's not using now the guy who makes fireplaces is starving and the guy who makes corn is freezing. So what did they do. They make a deal. They trade they say. Hey you're hungry and warm. I'm full and cold. How i give you a little bit of corn for one of those sweet s fireplaces and it's a deal where both of them benefit and. That's why they voluntarily make the deal and that right there is. That's the game. That's that's the most basic form of a free market voluntary exchange right and then you could have huge massive levels of capitalism where it's like you know billion dollar companies being bought and sold and all the stuff but in the same sense the game of basketball. You could go down to your local park and see to ten year olds playing one on one and or you could go buy tickets. Well i guess this year. You can't buy tickets but previously you could buy tickets to an arena with thirty thousand. People watching the lakers play the celtics. And that's also basketball but one of them's just on a very small level and one of them's on an incredibly high level but it's both it's all the same game. You're playing basketball. You know so what's happened. Try to imagine now that there's a league. There's there's a league like the national basketball association right. There's the nba now. The nba isn't basketball. But it is the most well-known you know most profitable basketball league and let's say that everyone's forced into the nba. If you wanna play basketball you have to play in the nba. And basically what happens are there's like three teams that By off the refs the refs just work for these three teams and they design every rule and and all of the like higher ups in the administration worked for them to now by the way. It's the story of like america or you know how this normally works. Is that those teams. Actually were you know some of them if you go back through the history. We're actually winning. Mike were legitimately winning the games and then eventually bought off the refs. But that's kind of not so important for the moment but so let's say that now you have the nba and the rules are just completely rigged. They're all rigged for the big teams There's three teams whatever you want. You know it's like the lakers and the celtics and the clippers and day everything's rigged for them they get all the draft picks they get they get the first hundred draft picks just split between those three teams every year and they have every advantage you can think of and the refs are in their pockets and they're cheating for them and they design rules specifically to help those teams went and then even when there's rules that aren't specifically designed to help them win. They only call fouls against the other team right. Like even even if the rule says no one can foul but then if you actually look at who gets called for fouls it's very disproportionately their competitors and not those three teams and those three teams basically just win championship after championship. And they're raking and all the prophets and that's how it goes. Now what happens in this situation is a lot of people look at that system. They smell this league is bullshit. It's so obvious and transparent right in your face look at it. This league is fucking this bullshit. And then they conclude and this is kind of the the left wing and sometimes right wing. Conclusion is.

Mike thirty thousand this year Smith three teams smith one one person billion dollar first hundred draft picks One person both first ten year olds one guy One America sweet s fireplaces lot of people those times
"gamestop" Discussed on The Young Turks

The Young Turks

01:40 min | 8 months ago

"gamestop" Discussed on The Young Turks

"Who would have preferred that. For some of these protests they like for instance you know back in the summer. blm protests or even some capital protests in the early fall that there hadn't been you know enough cops take an iraqi city. Sure that optically doesn't look amazing but is that like in our top ten complaints about the way. Those things went down like the issue isn't seeing that a cop has pepper spray. It's them spring literally. Everyone they can see in the face with it. It's not been having a bike. It's them hemming. People into walls with the bikes. It's what they do. That's the problem cracking skulls. The problem not just having a billy club. It's just such an invasion like that. That's not an explanation for why there were twice as many are five times as many cops that there they were worried about optics. That just does not actually make any sense. I'm trying to be reasonable. Because we want to get to the bottom of this. But i don't buy as something that actually motivated their choices. Yeah i agree with you. I don't think you're being harsh at all. I think you're being absolutely reasonable. And the two suggestions that pittman shared with congressional lawmakers was. We need more resources. I'm skeptical of that. Because i think they probably have all the resources they need. I i want her to elaborate on what she means when she says that they need more resources but secondly she brought up the fact that it was difficult to secure the capitol building because the capitol building is open to the public. And so what is that gonna lead to our ordinary people going to be heavily restricted from the capitol. Building they are of course with the white.

two suggestions five times twice iraqi pittman early fall top ten complaints
"gamestop" Discussed on The Young Turks

The Young Turks

07:22 min | 8 months ago

"gamestop" Discussed on The Young Turks

"Welcome back to ty t john. I'm not sure if you saw this today. But the department of homeland security issued some sort of warning about the risk or threat of domestic terrorism They claim that they don't have any type of evidence that there is any type of imminent domestic terrorist attack on the way but they are concerned that following biden's inauguration that there are people plotting for more domestic terrorist attacks. That kind of stuff drives me crazy. Because it's if you don't have evidence that there's something being clouded in this moment. Why are you scaring people. I don't get it but go ahead is it. Is it that they just don't have anything specific. Because that if you just say there might be violence somewhere at some time. I don't know what i'm supposed to do. I feel like i'm kind just going to go about my day. I to share the concern that domestic terrorism could happen somewhere at some time. I've felt that way consistently for some time. I don't know a lot of americans think that on march fourth Donald trump is going to be inaugurated as the president of of america because biden wasn't biden was inaugurated of the corporation that replaced america back in the eighteen eighty s. I don't know if you know that anna but that that's a thing that millions of americans believes true. Maybe there will be violence after that not happening. Well that's a that's definitely concerning. I hadn't heard that one yet but one person that we are hearing from now is the acting chief for the capitol police and i wanna share some of what she had to tell congressional lawmakers regarding the day of the capital riots so the the current acting chief for capital police has admitted that the department was definitely ill prepared and it was clearly ill prepared you can see it from video and and all the news reports that came out after the capitol hill. Riots now the department apparently knew they knew that militias and white supremacists would pose a threat on that day and yet they were still ill prepared so let me give you a little detail into what yoga nanda pittman. Who's the acting chief of the capitol. Police told the house appropriations committee. She called the insurrection. A terrorist attack and offered her sincerest apologies on behalf of the department. Pittman also said the department was aware of a strong potential for violence targeting congress and did not take the appropriate steps to prevent it. Now remember the previous chief The person who was in charge of capital police when the rights were happening was forced to resign but pittman has been in a leadership position within the department as well and some are calling on her and other components of the leadership to essentially step down because of how much they failed that day in keeping the capital safe. She also told congress quote. Let me be clear. The department should have been more prepared for this attack by january. Fourth of department knew that the january sixth bent would be would not be like any of the previous protests. Held in two thousand twenty. We knew that. Militia groups and white supremacists organizations would be attending. We also knew that some of these participants were intending to bring firearms and other weapons to the event and so she continues to inform congress that the capitol security infrastructure must change and that's department needs to access additional resources both manpower and physical assets so additional resources. That's an interesting statement. No she brought up the fact that their radio system wasn't working properly. And maybe that's what she's referring to regarding additional resources but it appears that there was a ball was dropped when it came to requesting cops for that day like someone dropped the ball. And i'll give you the details on what she's alleging in just a moment but john what do you think about her testimony so far. Yeah i mean it seems consistent with what we've heard in like an onto the six in the immediate aftermath of it it seems consistent with that it seems consistent with we had been talking about the the likelihood that there was going to be chaos not necessarily to the extent that there was that a lot of people were going to be going there and a lot of them believe that the future of america was on the line if you had been warned that and you dispatched you know eight cops that that seems like a big issue and yet at the same time we do have to bear in mind that at least one person has lost their job which means that while there hasn't been much accountability. There's been more accountability for the people who didn't prep properly for it. Then there have been for the people who caused it happened in the first place which that seems a bit bizarre two. Yeah yeah and so let me talk a little bit about the leadership and what allegedly happened behind the scenes regarding requests for additional officers so pittman confirmed that members of the capitol. Police board initially declined a request. From sund okay. So that was the Previous chief Stevenson on january. Four th to declare a state of emergency authorized national or authorized a request for national guard support now former capital police chief stevens sunde said that he informally contacted the dc national guard to see how many people could be sent to the capital on short notice. Son said the now. Former house sergeant. At arms paul irving wasn't comfortable with the optics of formally declaring an emergency ahead of the expected protests over the presidential election certification fascinating. That's really interesting. Yeah i mean there were some optics in response to black lives matter protests. That didn't really seem to be a problem for authorities. I mean we didn't hear many of them speak out about the optics there. They seemed very well. Prepared overly prepared to respond to peaceful protesters and you know dot with donald trump's demand. They decided to rain terror. Authorities federal agents side rain terror on both journalists and demonstrators last summer but when it came to this when it came to these militia groups these right wing gangs who had been planning to do these riots on social media. It is kind of curious that they knew about it. They knew that it posed a threat and be. They were much more concerned about optics then ensuring that they were prepared to respond appropriately to what we experienced a few weeks ago at the capitol. Yeah well at least it ended up not being optically an issue that whole day And in terms of the optics. Are there people who would have preferred that. For some of these protests they like for instance you know back in the summer. blm protests or even some capital protests in the.

donald trump ty t john january january sixth congress today march fourth Pittman millions Donald trump Fourth eighteen eighty s. john last summer nanda pittman two thousand dc national guard six Stevenson january.
"gamestop" Discussed on The Young Turks

The Young Turks

03:00 min | 8 months ago

"gamestop" Discussed on The Young Turks

"Hurt masturbation joke joshua newton writes in and says i love. Anna's tweet was literally on the front page of own wall street bets like a few hours ago. That's kind of exciting. Hey guys. Rachel writes in and says watching the centrist dropping. The ball on relief checks is infuriating. They trying to lose big and twenty twenty. I'm sorry twenty twenty two. It's sure looks like it While they're about to find out songs of sovereignty a writes in and says it's like charlie brown and lucy they keep going on yanking relief from people who need it the most yeah It's really hard not to feel despair and complete embarrassment by some members of the democratic party but they just. They don't have a reason to cower in this moment biden has no reason to try to appeal to these republican lawmakers. Who've made it clear that they have no interest in working with him on his relief bill just whatever it takes to get it done and of course the other side of it guys and this is a little bit of good news is that we're hearing more and more from democrats who are not progressive. People like chris coons who are advocating for using reconciliation to get the relief. Bill passed. So it's a little bit of a light at the end of the tunnel. I once you have those corporate as democrats saying finally. It looks like we're going to have to use reconciliation. That's a good sign. The question is what are we going to do to hold joe mansion accountable if he tries to serve as an obstacle to passing a relief package Through reconciliation. because remember you still need fifty one votes but anyway of course. We're going to stay on that story and give you as many details as we can as we learn them Let me we don't have a lot of time. So i'm just going to thank a few of our new twitch. Subs portions redacted two months prime. Thank you do co. main five months tier one with the message. Keep up the great work. We absolutely love you guys. I'll read some more twitch subs and comments when we come back for the next social break for now. Let's get back to the show..

joshua newton Rachel charlie brown Anna two months chris coons five months fifty one votes democrats joe mansion biden twenty lucy few hours ago twenty twenty twitch democratic twenty two tier one
"gamestop" Discussed on The Young Turks

The Young Turks

03:55 min | 8 months ago

"gamestop" Discussed on The Young Turks

"I'm not. I'm not an expert like whoever it is. Did that study. But i i feel to sit down with them and maybe shake him a little bit and say. Do you understand that we were talking about bad times. We're in the bad times now. You seen pretending brazil into the pre times or not. That's the whole thing and and it really just does come down to the people who are making these decisions for the most part aside from a few who seem to understand. Things are entirely disconnected from the reality of what families are dealing with. They don't understand it. They haven't been working class if it all for decades. They haven't released struggled for decades. Long significant aid was sent out. No you're absolutely right and again. If there's this fear that people who are still employed white collar workers who are making six figures they don't need this aid would end up getting this money. Okay fine. I understand the concern. You wanna make sure the right. People get the belief that they need. But why don't you wait until they file their taxes and if shows that they had a considerable amount of income and they didn't necessarily need that government aid then you tax them and get that money back but that's not what they're doing. I mean they're playing these games. It's incredibly frustrating. Because it not only delays money in people's hands when they desperately need it but it shows you that there's like all this deep thinking and analysis when it comes to providing aid for the needy for individuals for workers verses all these companies. They got the money they needed right away. In floods infusion of cash infusion of liquidity for banks and corporations no questions asked trillions of dollars. no questions asked stop nickel and diming. The american people want to know who loves to nickel and dime the american people. Someone who should have lost her reelection bid Senator susan collins embarrassment not just to the republican party but to this country She said that it's premature to be considering a plan on the scale biden had requested remember biden has proposed a one point nine trillion dollar corona virus relief bill that allocates money for a vaccine production and distribution it does have a provision in there for direct checks to americans fourteen hundred dollars. Of course i would like it to be two thousand dollars but it also includes unemployment benefits to the tune of four hundred dollars per week up until a september. i believe But anyway the argument coming from senator collins is well we just passed a nine hundred billion dollar krona virus relief package that gave you six hundred whole dollars. I mean isn't a premature. Do you guys really need more than what's wrong with you. Absolute trash and row connah's on terror because he responded to that by saying susan collins doesn't get to decide what national policy is. Joe biden does but also democrats who have yes slim majorities in the senate and the house. Also get to decide. Think the way that. Mitch mcconnell does a republican and get it done. I mean joe. Manchin has been doing that for a very long time and he could be very important in way of getting said. Yes i know. Exactly i liked. Congressman is tweet but as much as like there's been a lot of things to give joe biden credit for his first week of being president The fact that they came out with the fourteen hundred dollars rather than the two thousand. And i don't wanna give back in a big debate about that. I think it's pretty clear cut but regardless And then just a couple days ago said well and we can negotiate on the fourteen hundred..

Joe biden joe biden Mitch mcconnell two thousand dollars fourteen hundred two thousand nine hundred billion dollar fourteen hundred dollars couple days ago first week Senator republican trillions of dollars joe democrats six figures republican party nine trillion dollar four hundred dollars per six hundred whole dollars
"gamestop" Discussed on The Young Turks

The Young Turks

07:31 min | 8 months ago

"gamestop" Discussed on The Young Turks

"Slash. Ty t. also td are is on tiktok so make sure you check that out. Go to tiktok and follow them at the damage report. That's sean show and apparently john's cooler than we are. Are we on tiktok brett. No okay. fine Maybe we'll work on anyway. Let me read some comments. Mark has some comments regarding the game. Stop story so glad you are covering this. It seems the rich want socialism for them but ron naked capitalism for the common person. Don't tell me the rich. Don't want socialism. They want it for themselves. Only i mean that's certainly true of every moment they need a bailout Travis writes in and says td ameritrade suspended trading for a few hours to protect the hedge funds. The establishment can literally pause the market. When they lose. Lieutenant mac mc g says so. This is happening because short-selling simply should not be a thing sir. I agree yes. I should have said that clearly. Like in one sentence. But yes i totally agree with you on that So bad for the economy creates incentives for failure. See two thousand eight crisis that made one company tons of money because it saw it coming in short tons then made decisions which made it more likely for the economy to fail. And that's what. John was talking about in detail. And it's just such a great point. I am sock. Says stephanie rule might have a read it worthy public freak out on air tomorrow and i can't wait and we will check that out so let's get back to the show. Hey everyone welcome back to. Typ anna cast berry and john zarrella with you now. Let's talk a little about the coronavirus relief package and where it currently stands. Unfortunately we're getting some bad news. But i'll give you the details. You can decide for yourself. So a group of men in suits think that families. Earning more than seventy five thousand dollars entire family household income. Seventy five thousand dollars shouldn't be eligible for the coronavirus relief package or the relief checks. And this again just want to reiterate this is analysis that was done by these guys who think if the household income is more than seventy five thousand dollars then. Direct corona virus relief checks might not be best for them so this is an effort to essentially do the means testing to ensure that certain people don't qualify for relief and in this particular case with this particular research that i am one hundred percent against They are alleging that even fewer people should qualify for these relief checks. Let me tell you what the research says. john. Friedman economics professor at brown university and co director of opportunity. Insights the firm. That actually did this research harvard. Economics professor raj chetty and economist. Michael stepner analyzed credit and debit card spending data and found a clear uptick in spending for families and individuals who earn less than about fifty thousand dollars after the stimulus payments started to widely hit bank accounts on january fourth in contrast spending barely moved at all for families and individuals. Earning over seventy eight thousand dollars so the argument that they're that they're trying to make here. Is that well. These checks should be targeted toward a certain group of people who desperately need it. now as we also The coronavirus relief checks have been means tested. Meaning if you filed your taxes and there was any indication that you made more than seventy five thousand dollars. Then the amount of money you get in the relief check starts to taper off and then by the time you get to over ninety nine thousand dollars a year. You don't even qualify for it so it's already means tested but this study Decreases the number of people who would qualify if it's actually believed and used as evidence by lawmakers. They follow the advice here. Even fewer people would qualify for relief. Check which is infuriating. The price tag to send another round of checks. two couples. earning more than seventy five thousand dollars and singles. Earning more than fifty thousand dollars would be two hundred billion yet. The researchers estimate this group is likely to spend fifteen billion dollars of that money about seven percent. So it's all about. Are they going to stimulate the economy. Are they going to stimulate the economy or are they going to stimulate the what about people who just need to be able to pay their rent or their bills. It's not all about stimulating. The economy it's about people being able to afford just regular bills that maybe they're not able to afford anymore because they've got laid off furloughed. Whatever as a result of this pandemic as a result of the shutdowns tied to the pandemic. And if you want a means test people why don't you do it. After the fact when people filed taxes people need money in their hands right now so these kinds of studies get taken seriously and it's incredibly frustrating congressman. Ro khanna responded to this by saying where were these studies. When the fed lent company's money to pay dividends or executives did we look at the impact on consumer spending but suddenly economists are opposed to middle class families paying off credit card mortgage and student loans. And so this really is. There's this fear that the money is going to be used to pay off debt or pay bills as opposed to you know helping to stimulate the economy by by by by. That's all it's about for these people doing these types of studies and it's infuriating. John go ahead. Yeah there were. The people are going to do like an individual level version of stock buyback. And that can't be allowed this time but anyway yeah There are a couple of issues with this one. Is that every time we've been through a cycle of in theory checks being santow. The argument against doing this is that it is complex and slows down the process of actually sending them out and i would argue that since it's been like more than twenty days since the six hundred dollar checks or sends out maybe speed is something that we should emphasize here. I think that that's probably not a bad idea and Also as you pointed out the way that they figure what. Your income is for the purposes of You know evaluate means. Testing is based on a previous low amount of taxes. That you paid. What what your income was in the previous cycle but the exactly just necessitating the aid is the economy has fallen apart and it's not necessarily the case that everyone has lost their job of course but many have and many others are doing much worse than they were even if they're lucky enough to have kept their job.

Michael stepner Mark two hundred billion january fourth john. Friedman John raj chetty Ro khanna john zarrella six hundred dollar more than seventy five thousan one hundred percent tomorrow over seventy eight thousand do Seventy five thousand dollars more than fifty thousand dolla two thousand one sentence over ninety nine thousand doll fifteen billion dollars
"gamestop" Discussed on REAL 92.3

REAL 92.3

02:10 min | 11 months ago

"gamestop" Discussed on REAL 92.3

"The neighborhood knew Italians on the magnet Alya parades. Would it be like, all right, big. Sometimes people want to work more hours, especially the time like this, where I know a lot of people still are not working. Or there may be not even getting enough hours. But imagine that you had to ask your boss for more hours and the only way you can really get it. Is if you did a tic tac. Okay, So here's what I've been Gamestop. Yeah, Game's up is actually this. They did this contest, I guess to incentive and sent like to give their employees more hours. But they said there had to be a contest and they had to create a dance to a tic tac song and would ever store created the most views from it would be able to get ours to their employees. Always like what is happening here. How is this even possible on DH? So now you see on tick tock. Well, you might have seen on tic tac. Ah, lot of videos coming up with the hashtag Gamestop and they were you know these employees with their games up uniforms and there were dancing. Some of them had got over 32 million views. Well, here's the thing, though. These videos now have been taken down because Also, they were getting criticism like Oh, for more hours. You have to dance like that's okay, it's going to be and this was supposed to be like an internal contest. Only it wasn't supposed to be put out there in public, and the company is not commenting on it whatsoever. But also they were saying that it was only supposed to be for managers as well. And then the managers would be able to give more hours to their employees as black Friday approaches, But I just can't imagine like a And it's really need a few more hours. Oh, I have to take talk. OK? I'm a savage, you know, just getting intense Tic tac, but, hey, man, Every company wants to, you know, run how they want to run, but I feel like they might have broken some kind of rule. Somewhere with that. I reminded her kidneys. Gotta real 93 dot com And I'm to tell you press for Big boy's neighborhood on Real 93 laser home for hip hop standing up to racism, every show injustice in our black and brown communities. Will 92 3. You can kiss me Traffic.

Gamestop
"gamestop" Discussed on 600 WREC

600 WREC

01:56 min | 1 year ago

"gamestop" Discussed on 600 WREC

"And there you'll find a great list of suggestions for gamers of all ages now as far as the the the video game trade in is that something you do at all your locations L. thirty six hundred gamestop trade ins and it's not just software they can trade in old hardware XS three other electronic items you can trade in your phones or tablets and toward the purchase of video games very nice because I know we once again or starts making a collection is going to be some of those that are that are a little older maybe they're tired of a maybe like master there go Hey let me yeah let me get rid of that and I can put that towards this brand new fresh game that I've been trying to trying to save up for something that's a great idea now is there is there an internet option to to do in the trade in yeah actually you can download the gamestop app and all the gamestop app you can actually check the trade in values of any game that you'd like to trade in so that you know how much things are worth even before you get to the store very nice and if your tap for cash in your trying to buy a game for a game or for for Christmas maybe taken some of your old games and then you can you know not spend any money on the gift are there you are just really you will probably have three or four phone sitting around in a drawer you can trade those in as well for store to purchase a new game now since you the vice president merchandising I have to ask this question this is a little off topic how many games do you own I know you have to play him if he if you're you're the role you're in you have to a lot of games and certainly I have access to almost every game I play in a given year anywhere from about twenty to twenty four different.

gamestop vice president