Joe Rogan praises GameStop stock madness for exposing Wall Street \u201cmanipulation\u201d Spotify\/Joe RoganJoe Rogan finally shared his thoughts on the crazy Gamestop stock market situation and how it\u2019s doing a good job at exposing \u201ccorruption\u201d with hedge funds and Wall Street. During episode 1603 of the Joe Rogan Experience, the UFC commentator delved into the ongoing events. According to Joe, Reddit and everyone else involved with buying up Gamestop shares are deserving of praise. (Segment starts at 11:51) \u201cIt started out with these intelligent vipers on Reddit,\u201d he began, already approving of those who decided to make their mark early on the Gamestop stock. \u201cHere\u2019s the thing. These hedge fund guys have been manipulating the stock market in a very similar way forever. But these guys on Reddit decided to get together collectively.\u201d \u201cWallStreetBets decided these hedge funds were shorting Gamestop. So they decided \u2018we\u2019re going to buy. We\u2019re going to fuck their whole system up,\u201d Joe continued. As Dexerto has explained, \u2018shorting\u2019 a stock means betting on them going down. A short-seller will borrow shares from one party, and sell to another. When the price falls, they buy back those shares \u2014 at a cheaper price \u2014 and return them to the original owner. \u201cGamestop stock rose higher than it\u2019s ever risen in the entire history of the company!\u201d Rogan added. According to Joe, this whole situation is exposing the real market manipulation because they\u2019re trying to do something now that these Wall Street guys are, as Rogan puts it \u201cbeing fucked over.\u201d \u201cHedge funds have lost billions of dollars because of this,\u201d he noted before pulling up a CNBC clip where they invited the CEO of NASDAQ to call for more regulation. \u201cThey never call for regulation. Assholes like him, the last thing that guy wants, in terms of being able to manipulate the market and make as much money as possible, it\u2019s fucking regulation,\u201d Joe exclaimed. \u201cSo his calling for regulation is kind of hilarious.\u201d Joe further called out the CNBC host for claiming folks were manipulating the market with social media saying it\u2019s literally what they already do and scoffed at the fact Democrat Elizabeth Warren called for regulation. Eventually, Rogan and his guest comedian Brendan Schaub turned their conversation elsewhere, but for anyone involved in the Gamestop stock madness, it\u2019s good to know that Joe has your back.<\/p>\n","protected":false},"excerpt":{"rendered":"
Joe Rogan praises GameStop stock madness for exposing Wall Street \u201cmanipulation\u201d Spotify\/Joe RoganJoe Rogan finally shared his thoughts on the crazy Gamestop stock market situation and how it\u2019s doing a good job at exposing \u201ccorruption\u201d with hedge funds and Wall Street. During episode 1603 of the Joe Rogan Experience, the UFC commentator delved into the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-52205","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/52205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=52205"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/52205\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=52205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=52205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=52205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}