Transcribe your podcast
[00:00:00]

Yirga, new chauffeur, got a damn good show you before, so Soccio, remember, you can always Sportage Twins and Fisher Hall twins that can't pick you out. A patriotic T-shirt today in Hat even got some boob products. Don't forget use discount called Dr. Fauci not spelled F a UCR. Yeah, no it's d-r f Eyl s e y Dr. Fauci. Yeah. Because he don't know what the hell he's talking about.

[00:00:28]

All these folks give you twenty one percent of. Yeah, today's topic now, it's about GameStop now where? Not the most savvy when it comes to finance, Salamo, dumb this down for you. I mean, we are real good at dumb and stuff.

[00:00:50]

So you're going to be.

[00:00:51]

Well, you can be you can't be as bad as smart as us when it comes to hedge funds. Yeah, but this is what OK, this OK, GameStop, everybody's tomorrow. GameStop, what's going on with GameStop. Yeah. Everybody's up in arms, especially the billionaires. It was a guy on MSNBC, right, going off on people. Yeah. He was a billionaire because it kind of pissed him off with the show. The video. Right now.

[00:01:13]

Yeah, I'll get to the video in a bit. Let me lay the foundation.

[00:01:16]

He's pissed, right? And he's a Biden supporter. Yet he he he freely mentions this.

[00:01:24]

We have a new administration in place. I did vote for President Biden. I felt I voted my values, not my pocketbook.

[00:01:32]

How in the world you will be in and your vote for. But he say he doesn't vote with his pocketbook. He votes for his principles. I'm like, what? What's your principles?

[00:01:44]

OK.

[00:01:45]

Oh, people stupid me. OK, GameStop. Everybody's talk about GameStop because it's a failing company. Yeah. Just a week ago the stock was around what, nineteen bucks about a month ago or so. Seven weeks ago as of nineteen bucks and now it's over four hundred fifty dollars. People wonder what the hell is going on here. To put things in perspective, if you invested a million dollars in a company that million dollars turn into over twenty million in a couple of hours.

[00:02:14]

Well, not in a couple hours. It wasn't that damn quick. A couple of days. Half a day.

[00:02:18]

Yeah, it was it was quick. It was easy money. Kind of like how those one percenters like to do it. But anyway, this is what was going on. Yeah, well, dumb it down. Dumb it down, not dumb it down for you. I'm dumb it down for me. So this is what happened. Hedge funds. What the hell is a hedge fund. It's a bunch of rich people. One percenters.

[00:02:40]

Yeah right that now you're filthy rich. Yeah. And the people in it they call it a credit investors. Yeah. The only people to invest in hedge funds is accredited investors. Yeah. The reason why is because the S.E.C. does not regulate hedge funds. It's like the wild wild west of investors.

[00:02:57]

No rules you never see on TV. People advertise a damn hedge. You can see mutual funds. Yeah, but no way in hell you can say hedge funds. Yeah, yeah. You can't market it. And again, the reason why a retail investor, the poor people like us. Yeah, we do. We do. We distinguish how the Titanic Destil which was on the bottom of the boat. Right. And all the rich people is on the top.

[00:03:22]

Yeah. Like the rich, the people up top. They are accredited investors. Yeah. That's the one percent when you think of hedge fund mimolette, dude, it was with the hot chick.

[00:03:32]

Yeah he was Jack was banging Ademar but she wanted something and still is a bit.

[00:03:43]

But her boyfriend I guess she was engaged to someone. He was a he was a real sucker. Yeah. He was an accredited investor. Yeah. So when you think of a hedge fund, take a dispute because that's who they are. Suckers, they're looking down on us.

[00:03:58]

POFFO Yeah, right. But anyway, so that's what a hedge fund is now. GameStop That's a failing business. Yeah. Because, you know, I mean, you don't have to go in the store and buy a game. You just download it's like Blockbuster, you put hell, goes into a store and rent a movie. I mean, you see idiots all the time inside a Walmart buying DVD. Don't call me idiots. Idiots.

[00:04:23]

What are you going to buy a DVD? You know, you can sit on it. You're going to break that DVD in two weeks. You can buy it on Amazon and have it playable. Yeah, no, I take it back. I was being too harsh. You're not an ignorant. Just look, you've been enlightened now you just you just uneducated. Come on, you're talking to the stewards here. If you're buying a DVD inside a Wal-Mart, what is wrong with you?

[00:04:46]

I buy everything on Amazon. I never got by. I don't know how many times I watched the movie Avatar and sat on it or lost it or whatever, or just stopped working. I mean, who has the damn DVD play anymore? But anyway, here we go back to what we're talking about. OK, so that's what a hedge fund is. Again, regular Joe Schmo like us should not invest in. It's just for the rich. Yeah.

[00:05:09]

Think about this. Say buy. If you're a billionaire, you're rich when you invest in something. Yeah. You kind of know I'm going to make some money. Yeah. It's got to be a sure thing. Yeah. That's why the SEC doesn't regulate. It's the wild wild west. It's actually rigged against. Yeah. Those companies. There's a part of those hedge funds. Give you example, this hedge fund, they was shorting GameStop, which is nothing but a bet.

[00:05:33]

They're betting that this company is going to fail as this company fails, the more money they make that essentially they're vultures waiting for that company to die. Yeah, they kind of spa like a like a like a cat just got hit in a robocall. Yeah. And it just dragging both is basically it both.

[00:05:50]

As far as the hedge fund, he got about two more hours.

[00:05:55]

Yeah. I may have missed some cat. Lisanne, you're right. You're telling me that these increased investors, they're not like, like us, like good folk. You know, we invest, we want to participate in the profits, in the success of a company. Yeah.

[00:06:10]

These people, well, we call them suckers. They're actually investing in a company hoping they fail. Yeah. They're betting against that company. Who would do that?

[00:06:22]

Honeybun. Who would invest in a company and hope they fail. Yeah, suckers.

[00:06:32]

Who would do that. Yes. AVL, yeah. And see in this hedge fund is betting against this company which. Like, which really hurts the stock price of their company. But retail investors who's like, look, I can buy a look, tame stock. I used to love game stock. I'm like this stop. We keep seeing game stock game, stop game stop stock. Yeah, I like playing video game. Yeah, I play called a lot return.

[00:07:01]

I'm invest in company. Yeah. So the retail investor, the poor person, the stewards, they invest in a company but they don't know this hedge fund is betting against it. Yeah. So as this company fails, this retail investor loses his money and these rich people are making money. Yeah. Now, online Reddit, Twitter Daystar's cynicism. Look at this, the resistance, let's call them the resistance, the resistance to the one percent 1776.

[00:07:28]

Yeah, they say this is a free and fair market. It's not. Yeah, it's everything's rigged in this country. Like they used to say. This is the country of the well. How's it going at a home and free? Yeah, I'm starting to think they're just a sick joke.

[00:07:43]

Not all that I've been looking at my TV, they just impeached a man for breathing again, no evidence, impeached a man two times yet he showed up and just voted, no, we don't impeach. No evidence. Yeah, right. So. So this retail investors lose their money and this hedge fund makes all the money. So this online group, the Resistance, will call them already the resistance that salute them and give them a salute. Thank you.

[00:08:10]

Right. So they start investing in GameStop stock, right.

[00:08:15]

Since it till the moon goes up like 20 times. Yeah. Now, when this happens, the hedge fund who's betting against this company totally liquidated, lost everything, lose. I'm not talking losing tens or hundreds of thousands. Not even they're losing billions of dollars. Yeah, good.

[00:08:31]

Because they're suckers. That's how they make their money. Betting on people's businesses fail. And let me say this again. When rich people. You got a billion dollars if you're going to invest the money. Yeah. You already know you're going to make money. Yeah, it's a sure bet. The resistance online, they screw that all up. And I must show you one of the one percent. Yeah. From CNBC. Check this out.

[00:08:59]

The reason the market is doing what it's doing is people are sitting at home getting the checks from the government. And this fair share is a bullshit concept. It's just a way of attacking wealthy people. And, you know, I think it's inappropriate. We all going to work together and pull together. He's pissed, he's pissed at people like us, made some money. Yeah, yeah, it's not a free and fair market. Yeah, it really is.

[00:09:27]

Yeah. And it's just really pathetic for this dude, this billionaire investor, to call people who did this sitting at home getting government checks. I mean, what's wrong with sitting home, getting a check from the government? The government told us we couldn't work.

[00:09:42]

I know you, sucker.

[00:09:47]

Hey, tell the Christians I'm sorry, I apologize. We still don't think you're a better Christian than me. Yeah, these people suckers, evil man.

[00:09:58]

Yeah, he bets against people to fail in life, lose millions of dollars, billions of dollars who invest in it. Yeah. And like I said earlier, to participate in a hedge fund, you you have to be an accredited investor. Late night you're paying. So the billionaires, they make an all the money and they they hurting the little guys like us because we don't we're not aware of what's going on with these companies that went to the moon like that.

[00:10:23]

Like GameStop. Yeah, I think I think another one is among these people invest in these companies. They have no idea that the real experts, the rich people betting against it because they know it's a sure thing that these companies are going to fail and they're going to end up making more money.

[00:10:36]

And a lot of times these hedge fund and hedge funds, yeah, they short the company. The company pretty much Demnig goes out of business. They go by the company and then sell it at a billion dollars.

[00:10:48]

That's the American dream for a sucker.

[00:10:55]

I mean, man, when you've exceeded your your limit today, man, I'm just saying, man, you've exceeded I have a conscience. I like when I invest my money, I want to see I'm more like the product, the brand, the company. I believe in its mission statement. I want to grow and prosper as that company grows. Yeah. Somebody like these vampires, these damn vultures, these suckers put their money betting against people. I mean, what what can I call?

[00:11:26]

The downvotes, man, yeah, vultures, and now they're trying to get. So, Robinhood, the app, what people was buying? Yes, they are they are restricted a lot of the trading because all these billionaires was losing all this money. Yeah. So it was it was cool when the business was doing to the to the retail investor, but when a retail investors got now now we decided to say this thing, right?

[00:11:50]

Yeah. I mean, I keep my. Got this Robin Hood ant man made me some stock purchases today, going to be rich like the above about well said GM, I think it's GameStop should.

[00:12:09]

People like me don't know no better, don't understand what's really going on. We feel like this country is a free and open, honest market and I'm here to invest in these companies because I believe in a product. But in in on the sidelines, as voters are aware that these hedge funds prey on the ignorance of, like, not that savvy investor, you hear about all these people, the 20 percent of the country that owns 80 percent of stock, the rich people, Asadi make all that money.

[00:12:32]

So people soon as they get like a little bit of money. I got a thousand dollars. Yeah, I'm a good investor. I'm a work on manip. My net worth would be like these, these rich people, but they don't realize the system's rigged against them. Yeah. These hedge funds is betting against the company. Just you know, she just invested in. Yeah. These, these, these hedge funds are not regulated but yeah they could do whatever he wants to regulate us.

[00:12:55]

Yeah. Yeah. But not to the retail investor. They shut it down. These billionaires lose the money. Tell Robin Hood to shut down. Yeah. They regulate us but they won't regulate them. Yeah. Free and fair and honest market. That's what they call it. It's just a sick joke. We just do it and they are going to get a lot of politicians, the government is probably more likely they're going to ask for bailouts when I lose my money, when I'm betting that same stock.

[00:13:26]

Yeah. Let me let me do some talking. But I that Stuart told me, you know, that's my money and GameStop and I lose all my damn money. Let's say you lost a hundred thousand dollars. No, I lost two hundred and fifty thousand dollars. You got in a goes cause I believe GameStop stock at GameStop stock because I believe in the video gaming industry. Right. So I put two on a pedestal that lose all my money.

[00:13:53]

I gotta say man on two hundred thousand dollars man can I write it all. Note that tax professionals can tell me based on our Scotlands you can write off three thousand per year. They're not going to do that today, succored a billionaire. Yeah, they're going to get a bailout. Will you stop using the word? Call them vultures. Oh man. I hope every last one in Texas is watching this video because you are a. Sucker, you suck all kinds of you damn boutcher, you damn vampire.

[00:14:26]

I hope all y'all burn in hell. You a sucker. All right. Hope you see this video. I only care about making money up this video. No ads.

[00:14:34]

I don't. I just want all you to know it.

[00:14:38]

Me and the resistance. We won. You broke you broke his the rest of the damn good show.

[00:14:53]

Sucker. Don't forget, good official horse twins dotcom go to fight censorship tab, hit the links, follow on telegram, follow us on Rumpo and follow us on YouTube. Ever since, it has not yet actually been fair. Your.