Col: { 0:01 }
Hello. Wiggle, Wiggle. Give Anna what? Start wiggling. Good. That's good.
Sam: { 0:07 }
I pressed it when.
Col: { 0:08 }
He was good, he said.
Sam: { 0:09 }
He said when he stops swindling, press it and I pressed it. Stop wibbling, don't say an impressively swimming cause stocking wibbling and I fucking pressed.
Col: { 0:15 }
It we're not we're not doing this together again so.
Sam: { 0:20 }
Because you gave me the bad wibbles.
Col: { 0:22 }
Ohh, wibbly wobbly. You know what? He doesn't put this down there. I can.
Sam: { 0:25 }
Hear you because a strange one this time. Guys, we're in the same room.
Col: { 0:30 }
Yeah.
Sam: { 0:35 }
We've been on the pace, we've been on holiday.
Col: { 0:37 }
Yep, Brian Holiday. We've been drunk. We're in, we're in Wales.
Sam: { 0:40 }
We are in.
Col: { 0:41 }
Wales. We're in Wales, Wales.
Sam: { 0:42 }
Just outside this window right here is the sea, because you see crashing against the Welsh shore.
Col: { 0:49 }
Is it is a typical British seaside visit down when really not not very warm, yeah, all of those things so.
Sam: { 0:58 }
Yeah, we've had fun. We've been doing lots of shit. We've been crabby. We've been different.
Col: { 1:02 }
Hours you don't really. You did really well craving this.
Sam: { 1:04 }
Thing catch crabs really easily. Can't help it. It's just to keep I go where there's lots of craps.
Col: { 1:11 }
Yeah, indeed, indeed. It's it's a shame. It was good. We had a fire on the beach last night. We did. I'll insert footage. Yeah. Here,
there you go. So I'll add that in later.
Sam: { 1:25 }
Draught Draught needs to press anything when.
Col: { 1:27 }
It's no, no, no, no. I'll I'll add that in later so that we can see the fire on the base. You do that. I can do that.
Sam: { 1:32 }
Fucking crazy.
Col: { 1:32 }
I know, I know.
Sam: { 1:34 }
He's got shit. Yeah, would be, yeah. Crabby and fires on the beach. We had a BBQ with it would be kind of waterfalls. We did. What else have we done?
Col: { 1:44 }
Insert insert What's for picture here?
Sam: { 1:51 }
Ohh, my finger was in the in the camera. It was below the camera here. Can we do it again? He said. Picture here.
Col: { 2:01 }
There we go. There you go, right?
Sam: { 2:04 }
Yeah. So we've had a good time. It's not just me and Cole doing this like in a big gay fest, It's our families are with us as well. You know, it's not just being called like frolicking naked in waterfalls in Wales.
Col: { 2:18 }
Looking like, you know, like a wins for little proper windswept look at that. It's like, wow, we.
Sam: { 2:23 }
We've walked across, there's a little place in Wales called Barmouth Bridge. It's big old wooden bridge across industry. We've walked across that today.
Col: { 2:31 }
We have to start. Yeah. Anyway. Anyway, anyway, you can probably tell this is clearly not live. This is clearly recorded. But welcome to OHH Scoop.
Sam: { 2:46 }
You. You spring on me every time.
Col: { 2:48 }
I do. I do. How are you? Oh, you know what we don't see? We have two.
Sam: { 2:53 }
Cell he. Wow, I've been frolicking with my gay friend in waterfalls.
{ 2:59 }
All the things you just said, really.
Col: { 3:01 }
Yeah, I saw what you drinking because we're not drinking.
Sam: { 3:04 }
We're not in the Champions. Yeah, we.
Col: { 3:06 }
No, we're not. We're on what?
Sam: { 3:07 }
We are in Moretti glasses.
Col: { 3:09 }
So what am I on?
Sam: { 3:09 }
Stolen from pubs, by the way.
Col: { 3:11 }
Stop. Stop. You're you're in Abbots. Yeah. I'm Alberts. Cheers Abbots.
Sam: { 3:15 }
I was on a hobgoblin but now I'm on an old speckled then.
Col: { 3:18 }
Old Specker.
Sam: { 3:20 }
Which we've got more of than anything else, so I'll be on that for a while. But we have got champion champs choice.
Col: { 3:25 }
Trump's choice, right? Then let's start the podcast with some updates from.
Sam: { 3:34 }
Having trouble swallowing?
Col: { 3:35 }
Them. I'm trying to work out where I need to start. Hang on, hang on. Here we go. We'll start with that gentleman there, right?
Sam: { 3:40 }
This is great because I don't know, we see the geekiness.
Col: { 3:42 }
No, you don't. No.
Sam: { 3:43 }
No, I just see your face on it on a screen, and this time I can see what you're doing and what you're pressing and all the wiggles, you wobbling.
Col: { 3:50 }
Sam has experienced the magic, the magic of what's going on. So let me, let me obviously.
Sam: { 3:56 }
Incredibly unky? Well, not that's
{ 3:58 }
I'm I'm a technophobe. Really. Manana, are you? Yeah, pretty much. I still listen to records, I'm sure I've said.
Col: { 4:06 }
You're not really. Do you know what? You don't really attend the folk though. I hate. You're alright. Yeah, I know you don't like it, but you're alright. I mean, it's all logical.
Sam: { 4:12 }
Do it because otherwise I'd just be sat in that whole model for the animals. You know when you can't do that every day because they're.
Col: { 4:18 }
Cold thing the song. Yeah, don't go frolicking waterfalls.
Sam: { 4:24 }
Just stick to the gaze and the boys that you used to. Anyway, we have nothing against gays by.
Col: { 4:31 }
The way no, he's really really, really, really don't, right. So last week we didn't have anywhere in Kitty he decided to.
Sam: { 4:40 }
Where he went? Yeah, he went. Quiet he went.
Col: { 4:42 }
Dark. Well, he went very quiet in on Twitter, but I think he was doing things. Ohh, sinking temporarily? Pause. You can continue editing. OK, fine. OK, well.
Sam: { 4:54 }
Some of this is this is our mobile set. Well, calls mobile.
Col: { 4:57 }
Setup it is, it is. I'm just looking at the screen there. It looks fine mate. It we're good. No, no one can see the error. So we're good. It's covered with those we covered.
Sam: { 5:06 }
Many, many errors that no one ever notices on our podcast because it's so fucking smooth every week. OK, you say about the Rory Kitty. It's like a well oiled machine.
Col: { 5:20 }
This thing I bet Roaring Kitten never put it with a shit.
Sam: { 5:22 }
No, I made it and.
Col: { 5:24 }
Right, Jimmy, we talked, we did talk about the fact that they had 44 million shares to sell, didn't we last last week on the podcast and.
Sam: { 5:37 }
And this whole mall.
Col: { 5:38 }
And they did sell them all. How far? How much for? Don't look at the screen, look at the screen.
Sam: { 5:42 }
What as a each or overall?
Col: { 5:45 }
Overall, how much money they?
Sam: { 5:46 }
Make 933.4 million.
Col: { 5:48 }
They did, yes. Well done.
Sam: { 5:52 }
Was it spawned?
Col: { 5:53 }
Yeah. Well, it was it was spot on, Yeah. So they sold all 44 million shares on Friday, last Friday.
Sam: { 5:59 }
I want my Ding. I don't care that we more by.
Col: { 6:01 }
The way I think.
Sam: { 6:02 }
You have to you certainly think here later.
Col: { 6:06 }
OK, I'm going to insert it now. There we go.
Sam: { 6:10 }
Do you do? If you do, I'll carry on watching this podcast. Yeah. I'll subscribe to it. Yeah, Yeah, yeah.
Col: { 6:16 }
Cool, but I've got some subscription. Yeah. Anyway, went sold more.
Sam: { 6:21 }
Fuck yeah, they did. They did. They did fucking awesome.
Col: { 6:25 }
Just trying to work out what day it was. It was last Friday, was last Friday.
Sam: { 6:30 }
It was the day after Thursday.
Col: { 6:32 }
It's Tuesday now, isn't it? Starts 27th 262520 fourth. It was definitely 24th. It was definitely 24th.
Sam: { 6:40 }
So, yeah, alright, 5 million shares going like that.
Col: { 6:43 }
Yeah, it was it 45 or 44?
Sam: { 6:46 }
I don't know. It's nearly a billion.
Col: { 6:47 }
Dollars a million shares history, friends. Exactly, exactly. So yeah, So GameStop. So this is from Kevin Malone. So for Malone wealth. Hello Kevin. I think Kevin's been on a few times before as well.
Sam: { 6:59 }
I recognise Kevin name.
Col: { 7:00 }
Yeah, yes, yes. So GameStop sells 4445 million shares between friends.
Sam: { 7:06 }
Let's say 44 1/2 just to keep it easy, yeah.
Col: { 7:09 }
No, yeah.
Sam: { 7:09 }
Yeah, compromise.
Col: { 7:11 }
Yeah. It's only about what you know how many million that is. It's fine. Yeah. And they've made 133.4 million in cash. So basically.
Sam: { 7:19 }
Call that a billion bucket. Let's round it up. A billion near enough A billion dollars.
Col: { 7:23 }
It's through a billion dollars now then if so, if you take 133.4 / 44 million, it's 2121 a share. So that's what.
Sam: { 7:32 }
My raid man.
Col: { 7:33 }
I know, I know, I know. It's 2121 a share. So that is their, that is their base price now. Yeah, moving.
Sam: { 7:41 }
Forward if the shares go any lower than that and they want to buy back any with that 100 million thinking probably.
Col: { 7:45 }
About 45,000,000 shares.
Sam: { 7:47 }
Yeah, but they allowed 100 million buyback, aren't they something I can't remember anyway, but anything less than anything less than the 2121, he's free money.
Col: { 7:56 }
It is free money. So we'll come on to why that's important in a second, but there you go. Yeah. So disclosed in the 17th that they were, they were, they were filed a prospectus to sell. They sold, but they sold, sold, sold at market equity. So they sold last thing on Friday. I think there was, I think it was an hour before trading ended or it was very close to the end of trade and then they announced I put them up for sale and they were all bought and the stock price went and has continued to go, isn't it? Yeah, it gets it gets barcoded a little better, but it's gone. Why is it now? What is it now? So this.
Sam: { 8:33 }
Is yeah, there's been a lot of fun, I think today.
Col: { 8:35 }
So this is Tuesday, recording this on Tuesday the 28th.
Sam: { 8:37 }
So there was a three day holiday. Is it Memorial Day yesterday for the US? Yeah. And it was a bank holiday for us as well. For us. So yeah, last time I saw.
Col: { 8:48 }
It my tour was not working.
Sam: { 8:49 }
$26.
Col: { 8:51 }
Is it?
Sam: { 8:51 }
Think so? I'm gonna get my phone because obviously we're incredibly well prepared.
Col: { 8:56 }
We are incredibly and we just have a lot going on. Ohh for God's.
Sam: { 8:59 }
Sake The thing is, down here the Internet is very patchy because we're in the middle of the valleys.
Col: { 9:05 }
And in the valleys.
Sam: { 9:08 }
Five books. Wow.
Col: { 9:09 }
2510 literally so we are 30/25/13.
Sam: { 9:15 }
Wow, yeah.
Col: { 9:16 }
If we if we start even longer, we go, ohh, wow, that's halted. Look at that. So having that over, this is the Internet connection.
Sam: { 9:23 }
The thing was it was up to 26 bucks about half an hour ago, we were 42% up. So it's come down somewhat.
Col: { 9:30 }
We are 3233% up on Tuesday and it's what 25 to six here says about another two and a bit hours trading isn't.
Sam: { 9:42 }
It it's really hard.
Col: { 9:43 }
Work 3 1/2 hour trainers.
Sam: { 9:44 }
When you've been drinking for three days.
Col: { 9:46 }
Straight. Exactly. It's 3 1/2 hours worth of training to go and then we're at 21 of us at 25 and a bit. Anyway, there we go. So this is this is spurred
{ 9:58 }
something now whether people are seeing the price up and everyone's jumped on the bum, we're gonna get whether it's it's kicked in the shorts covering. So we'll talk about that in a second as well because that's an interesting one to to talk.
Sam: { 10:14 }
About massive volume premarket as well. Massive, massive volume today. Premium.
Col: { 10:20 }
Yeah, there was right then. So then so this is from Ryan, Ryan Rigg, Ryan__Rigg, Wolf of my straight over to Jamie share count following today at the market offering completion stands at 351,000,100 and 86849 shares. Now is that the flow or is that the is that outstand that is out of state? That's outstanding. No, it wasn't something, isn't it? No, no, that's in total. Yeah. So. So, Jimmy.
Sam: { 10:52 }
Has the next 44 1/2.
Col: { 10:54 }
Yeah, that's right. Yeah, because it was, it was, it was 311. I 310. I remember, I remember like last time. So, yeah. So that's good. So that's 351,186,849 shares in circulation for GM E, which is great. So Ryan Cohen's filling out 13 because his share has been.
Sam: { 11:12 }
Yeah, drop down, drop.
Col: { 11:13 }
Down because there's more obviously shares in the flow, blah, blah, blah. This amount of shares are still the same. So there we go. That's that one there.
Sam: { 11:22 }
He owns a lot of shares with Iran, doesn't he?
Col: { 11:24 }
Well, he believes in the company as they we.
Sam: { 11:27 }
That's why we're all here.
Col: { 11:29 }
Exactly. We couldn't. He couldn't. He couldn't be.
Sam: { 11:34 }
You've seen the name on the screen and I've got. I've got one word. Good.
Col: { 11:40 }
It couldn't be a week without Jim Cramer sticking his his A.
Sam: { 11:45 }
Is.
Col: { 11:46 }
Is coping bald coke Coke infused nose?
Sam: { 11:50 }
I think it's a smack head, a cokehead.
Col: { 11:53 }
Is famous for her.
Sam: { 11:55 }
To do that.
Col: { 11:55 }
Yeah, you go over there. Famous for Jimmy. Allegedly. Cheeky monkey. Probably not even allegedly. I say allegedly. Anyway, Jim Cramer, GameStop now has enough cash to become something other than GameStop. Congrats with a zed. Yeah, and.
Sam: { 12:09 }
Congrats like a twat.
Col: { 12:10 }
So this is obviously this is from Jim Cramer. What this is Mags Mags on the moon and the PPF show, says Jim.
Sam: { 12:20 }
I love it. Everyone's everyone's lucky Jim.
Col: { 12:22 }
I'm surprised it's not ordinary.
Sam: { 12:24 }
Yeah, Only Adam has been the, I think. Did we say it last week on the the podcast or was it after that where Jim Cramer said it was his daughter Emma's birthday? And Audrey, Emma said. Happy birthday, Audrey. Emma, your your, your daughter might be anything from ordinary, I don't know. We have Audrey Adams said. Happy birthday, Emma. Shut the fuck up, Jim.
Col: { 12:47 }
Loved it. Maybe I was. I was last week. I was last week.
Sam: { 12:50 }
That's what we need, everybody just to shut the fuck up, Jim. And he has like 10s of thousands of shut the fuck up Jim Polson every post he puts.
Col: { 12:59 }
It's like he deserved it from Andorra, that guy called Sutton. And there's there's stickers go around going shut it, shut, shut it, Sutton. Remember that? No.
Sam: { 13:10 }
I did drink heavily and it's a part part of as many.
Col: { 13:13 }
Private jokes, you see me and you. But yeah, it was it was very yeah, it should have saved. Shut the fuck up, Jim. Stickers on sticking really have trouble all over New York.
Sam: { 13:23 }
To be honest, yeah, yeah, there's a, there's a few years there. I've got no record. There goes.
Col: { 13:27 }
The The PP Show, P.
Sam: { 13:30 }
Show Show P Show.
Col: { 13:32 }
The peepee show, the PPC seed show, I'm gonna say. PC seeds show. I'm gonna says that.
Sam: { 13:38 }
Podcast.
Col: { 13:39 }
Before they haven't. They are new. Welcome to the podcast. If you're on it, you're in it. You're in it as per usual word you.
Sam: { 13:44 }
Used in your D.
Col: { 13:45 }
Two dudes are doing your DD right now. Then let's get into our first little bit of theories and Birmingham, and we've already alluded to this already.
Sam: { 13:59 }
My favourite bit is made from the fucking Madden. Weirdest randomness, Most weird conspiracy.
Col: { 14:05 }
Theory there is a lot though there is a lot. Now then last week we talked about, we talked about the fact that we're going to release these shares and raise the cash and we talked about what they were going to do. Actually gyms tweet really relates to that because we, we theorised a little bit and, and I'd heard it from a few other people, which made me think about it a bit more. Where, excuse me, we think that GameStop is a brick and mortars organisation will be trimmed down as we mentioned, cut down the stores that aren't doing so well and then redistributing some of the cash into some of the stores to keep it alive, you know, to proper stores with little bit. And then they were going to sell it. Yeah. And they were going to basically sell GameStop as a brick and mortar organisation and GameStop was going to diversify into something else. And we did talk about
{ 15:01 }
Cohen. I've already applying for this this like invest Jimmy investment gave some investment, yeah, type fun thing already. So we know that the I think that Cohen industries, yeah, it's coming, it's coming. It's coal industry, isn't it? So we know that it was going to do that.
Sam: { 15:17 }
Anyway.
Col: { 15:18 }
So that's one. That's one thing. Now this is the beauty and we mentioned it right at the beginning of the podcast. The price that they people bought in the shares for was 2121 on average.
Sam: { 15:31 }
Yeah, 2121 turn that song No.
Col: { 15:35 }
Who's?
Sam: { 15:36 }
That I can't remember OK I've not got my phone me to try and even anyway.
Col: { 15:40 }
My medicine, this I'll I'll I'll see if I.
Sam: { 15:42 }
Can. OK, let's we'll put the the song and the artist in in there now.
Col: { 15:50 }
You know.
Sam: { 15:52 }
You know you've got some fucking editing work to do.
Col: { 15:55 }
I'm just gonna watch the
{ 15:58 }
podcast. One reminder, this is from again from Ryan Ryan. Ryan__rig. Well, from my street, friendly reminder that GM still has an open authorization for 101.3 million for share buybacks. Now then, what does this mean?
Sam: { 16:15 }
He's just giving me a little green nerve. Green.
Col: { 16:17 }
Little green bonus little green dildos dildos. So it means they can repurchase up to 300 million of the stock, so 1/3 of what they've just sold can be rebought, which was a crazy idea. Now does this mean for the hedges it.
Sam: { 16:37 }
Means it hedges push it down. Anything under the 202121212121 insertion. Anything cheaper than that, then we're getting our shares back.
Col: { 16:50 }
I know exactly. So anything below that, whatever that difference is, there's the 2121. If it goes down there, they can buy back 300 million. Sorry, yeah, 300 million.
Sam: { 16:58 }
They could that that's we're getting a difference pocket change. It's like a reverse short, easy money you're buying back. He's like we've sold these, we've borrowed off someone sold them and we're waiting for him to drop so we can buy them back. It's a reverse shop. Easy money.
Col: { 17:14 }
Easy money. So I mean, the Angies can't drop the price because they're just giving GME literally free money.
Sam: { 17:24 }
Is is your three months back? Is your shares back?
Col: { 17:27 }
Thank you very much. You paid. Thank you very much. Bless you saw. So it was like 3 times up. So yeah, if they knock it down to $7.00, they get the they get the cool billion back in cash. Ohh gosh ohh.
Sam: { 17:39 }
Oh oh, pretty sexy move, I think. This isn't it pretty sexy.
Col: { 17:46 }
You know, one thing away. So they could, they could pocket the billion they've already got shorts could drop it to seven dollars again or whatever they decide to drop it to, let's say seven. It's easy for maths, yeah. And then?
Sam: { 17:59 }
I don't like math.
Col: { 17:59 }
Then they could pocket the difference against another billion that they could pocket off the back of that.
Sam: { 18:06 }
I think we'd have to get calculator to work without properly but we'd still be well in the with all those years back in the little backing our little chair safe what watches a massive really rang Collins and downstairs toilet what?
Col: { 18:18 }
We're trying to say though.
Sam: { 18:19 }
Squirrels Holly shares in the box again, runs away like floorboards in the wall. I think he's probably got both floorboards, wall and a safe in the toilet because there's that many shares as he as he runs away, like falling out of his.
Col: { 18:35 }
Physical bits of paper? Yeah, manically.
Sam: { 18:40 }
Fuck your hedges. Shares flowing off in the wind.
Col: { 18:45 }
Yeah, I, I don't, I don't, I don't, I don't know Ryan at all. But you know.
Sam: { 18:49 }
I mean him like that but he's not part yet so he's so close to Breeze isn't bad.
Col: { 18:54 }
He is my professor.
Sam: { 18:56 }
He is every time I see him. He never drives in a car, always runs with bits of shares of GameStop fluttering around in the wind after him. That you should allegedly, I don't the head. You should follow him.
Col: { 19:09 }
Picking, yeah, because they need to shoot, need to cover, right? But.
Sam: { 19:12 }
He knows this and we've had this conversation and all the ones that flip. It is shocking.
Col: { 19:19 }
Now the other bit of this is that if they do buy back shares, that means the float is even smaller, which means the shares the share counts reduced again.
Sam: { 19:29 }
You have to do it. Kill those Yeezy back or can you leave them?
Col: { 19:34 }
No, they, they, they, they take, they take him out of circulation. That's the whole point of it. So they take him, take him back out of circulation.
Sam: { 19:40 }
Forever. Or can you tell them?
Col: { 19:42 }
They could resell them again. They wanted to.
Sam: { 19:44 }
Just keep doing this forever. How?
Col: { 19:45 }
They could do.
Sam: { 19:48 }
Fucking.
Col: { 19:48 }
Do. And honestly, the one-dimensional hedges would probably just carry on doing this because they're all thick, you know, and very predictable anyway, which is why. Ryan is Ryan, right? And he's just, he's second guessing all of this, as is Roaring Kitty, right? They're all second guessing.
Sam: { 20:06 }
It's crap, Yeah. So anyway, it's so high.
Col: { 20:08 }
This is really interesting because then if they take those shares out of circulation, it means there are less shares available to then cover the shorts and they are screwed. And there's something coming, isn't there?
Sam: { 20:20 }
Something coming? I'm coming, I'm so I'm so close to coming. It's I've just had the green dildo is throbbing. No, because we're in the same room. You would have that effect.
Col: { 20:31 }
On Honestly, we're not doing this ever again.
Sam: { 20:34 }
You prefer distance.
Col: { 20:35 }
Between those again.
Sam: { 20:38 }
We just won't regard it next time. Yeah. What's coming? Well, what's going? Tell me.
Col: { 20:43 }
Somebody this week has bought a lot.
Sam: { 20:47 }
For cloud of calls.
Col: { 20:48 }
Call Options $20 Call options.
Sam: { 20:52 }
When they expire end of June is it?
Col: { 20:55 }
June the 21st Ohh. June the 20.
Sam: { 20:58 }
First, this is this sector ship.
Col: { 21:01 }
And it and it. It's not like one or two call options.
Sam: { 21:04 }
It's fucking 10s of millions.
Col: { 21:06 }
It's a dollars worth. Yeah, it's hundreds of thousands of car options that have been bought for $20 and.
Sam: { 21:16 }
Who's that?
Col: { 21:17 }
Cheeky so last Monday and last.
Sam: { 21:19 }
Tuesday, Jim Cramer.
Col: { 21:22 }
Jim, is it you? If it is, leave a comment down in Twitter.
Sam: { 21:25 }
And then we can all tell you to.
Col: { 21:26 }
Shut the fuck up. Yeah, shut the fuck up, Jim. Yeah, I have a see. Sneaky, sneaky feeling.
Sam: { 21:32 }
Sneaky, sneaky.
Col: { 21:33 }
Sneaky, sneaky it is, Mr Kitty. You think it's alleged that, but I'm saying allegedly because that could be seen as being instruments.
Sam: { 21:41 }
You know guys, this is not financial advice, especially our musings.
Col: { 21:46 }
Expression for most of those decades OK yeah, Thomas and stop listening to us this is your D by the way, this is not a D this.
Sam: { 21:52 }
Is your. Do you think it's your call options?
Col: { 21:55 }
I reckon it's roaring Kitty. There's the suspicion it's roaring Kitty, but then again, if you're a bit smart, you know what's coming. Following Kitty, Whatever. He doesn't seem to be very wrong, does it? So yeah, call options.
Sam: { 22:07 }
Here maybe?
Col: { 22:09 }
I'm not. Again, no. No financial advice on ohh, do you know what? Do you know what?
Sam: { 22:13 }
Not tell.
Col: { 22:14 }
Me, do you know? If not done, I'll be back in one second. As always, this podcast does not contain any financial advice either from the podcast owners or it's guests. We are however, smooth brained apes who just love the stock.
Sam: { 22:31 }
Fuck me, this is smooth.
Col: { 22:33 }
Thought about a player that. Yeah, thought about play the Yeah, the old disclaimer that's.
Sam: { 22:36 }
The thing that we only do right at the start of the show.
Col: { 22:38 }
Yeah. Sorry, I forgot to play the disclaimer, which there is no financial advice on this podcast or from its guests. There you go, right back into that cause I don't want to get sued. Yeah, OK. Right then.
Sam: { 22:53 }
I don't wanna get sued, but I do wanna get beers, so I'll be back.
Col: { 22:55 }
In Can I have a chat champion?
Sam: { 22:57 }
You a chat? We're not champions have.
Col: { 22:59 }
You have you got a champion? OK, well, well. See while he's gone, I'm I'll, I'll fill the square. Hi, everybody. So yeah, so this is from Ryan. This is all good news. Shorts can't drop the price at the price, they'll just buy all the stock back and pocket the cash. Somebody somewhere is dropping $20 call options, $20 call options brother, and lots and lots and lots of them. And they expire on the 21st of June, which is literally three and a bit weeks away, which is scary. So buckle up. Buckle up, children. Thank you very much.
Sam: { 23:38 }
Champion in the sausage.
Col: { 23:41 }
Thanks.
Sam: { 23:43 }
I look after you, Carl.
Col: { 23:44 }
We do see. Do you know what? I don't normally get this When, when, when we do when I do a podcast on my own, I do not get a champion and A and a sausage. But now I've got a champion, a sausage. Where's your sausage?
Sam: { 23:57 }
Fuck you know, not doing this for you. I knew.
Col: { 23:58 }
That story, I knew that was coming.
Sam: { 24:02 }
My sausage is over there. I just, I just thought, I thought you looked a bit bit pasty wins for that. But I need the sausage. No, I brought you sausage. That's how I look after you. That's what friends do, for one.
Col: { 24:14 }
Kids I know mate.
Sam: { 24:17 }
If you see a friend who's looking a bit down at windswept, whatever sausage, even if he's vegetarian, definitely is a sausage.
Col: { 24:24 }
Right. Give me veggie sausage. Sorry, such a dirty word. There you go. What would drawing do?
Sam: { 24:34 }
What would you do, crying Ryan? Eat sausage. Cheers.
Col: { 24:40 }
Drink champion. Cheers. Alright, OK. How would Ryan do?
Sam: { 24:49 }
What would Ryan do? Ohh whatever, I don't mind. Ryan can do whatever he wants and and kind of behind it because he's done nothing wrong so far. He's smashing.
Col: { 24:57 }
It he's played a long game, isn't He's played a smart club, a long game, yeah. I still still wonder how roaring Kitty.
Sam: { 25:07 }
New bits in. Yeah, well, he's the one who kind of kicked all this shit off, isn't he? Really? He, the analyst in him, obviously saw there was something going.
Col: { 25:19 }
I'm going for a transition back to there when we go, right, because I need to go and get my it's just do you know what? There's a piece of DD that I've absolutely not included. It's really, really important.
Sam: { 25:33 }
Have you skipped past the day?
Col: { 25:34 }
I have skipped past the most important bit of DD.
Actually, you know what, I'm going to put this one up. This one is good. Sharing. Good. Good, right? It's on some G man Gavin. Clammy, clammy, clammy, clammy.
Sam: { 25:59 }
Clammy.
Col: { 26:00 }
Clammy, clammy. I'm going clammy welcome anyway, Gavin welcome. Just the post some from G man Gavin Sherwood Sook to short GME right now. Good thing the old closing Janet, are they? Well, good point. They are closing January 21. I forgot about that. Yeah.
Sam: { 26:17 }
Yeah, 2021, everyone closed. Nothing to see here. Move on to the next one. You're still I'm. We've said this a number of times over yes ship these years, over the years and it's like it's amazing how interested these people are in my my welfare and financial well.
Col: { 26:36 }
Being right because.
Sam: { 26:37 }
I'm going to be a bag holder, Jamie and all people, all these hedges and stuff and the mainstream media keeps saying.
Col: { 26:43 }
I'll show you how show me, I'll show you how concerned. You know me. Let's just go through this because this is really, really interesting. So do you remember when they closed all their all their short positions on Jimmy? January 21 When?
Sam: { 26:54 }
You did that? Yeah. OK. Every single shop. Sure.
Col: { 26:57 }
Well weirdly knocked tourists research. This is at Noctus knock Noctus_research Jimmy Ryan Cohen 950% short selling imbalance on and off market. GE is the most shorted mid large cap, excuse me in the history of the stock market. It's the sausage.
Sam: { 27:22 }
Not the first time you said that.
Col: { 27:24 }
Day listening. I'm good at that show so big it has to be actively managed.
Sam: { 27:34 }
Is that the sausage all this you're selling?
Col: { 27:39 }
950 percent, 2.9 billion shares. What was what was the what was the form when I got 350 million? Yeah, no, it doesn't seem right, is it? 2.9 billion shares, only 351 million in existence.
Sam: { 27:55 }
Yeah, that's a lot more.
Col: { 28:00 }
I don't have to be the best at math, but that ain't right, is it?
Sam: { 28:04 }
That ain't right. Before he.
Col: { 28:06 }
Was meant to be Forrest Gump. Ohh, dear. Right. Anyway, for comparison, Tesla has had a has never had more than 300 percent or so. And that is mega as well. That's massive. Yeah. What was, I hate to say it, what was V dub so when video partners had it shows.
Sam: { 28:28 }
Quite when Porsche bought video.
Col: { 28:30 }
And the short squeeze they went from 30 ish dollars to 550 something dollars. It could be wrong. Please correct me. What was the shot? Yeah. What was that short? What was that short percentage?
Sam: { 28:45 }
Going I don't.
Col: { 28:45 }
Know 30 something percent it was well, not this is 950.
Sam: { 28:52 }
Percent may not be smart man.
Col: { 28:54 }
I might be a smart man.
Sam: { 28:56 }
But 150, not more than 30%.
Col: { 28:58 }
Right is a lot more than 30%. So I'm I'm bullish about you. I'm very.
Sam: { 29:04 }
Bored. Shouted out. Really now?
Col: { 29:06 }
Is that a doubt?
Sam: { 29:06 }
Yeah, it's all been a shit few weeks, you reckon? Yeah, I'm thinking might sell, maintain position.
Col: { 29:11 }
Ah, I see. Do you know what? You know what might be some people out there that might might want you to, might want you to do that.
Sam: { 29:17 }
Yeah, yeah. I'm not. No sell. No sell, baby.
Col: { 29:23 }
So this is stop won't stop GameStop.
Sam: { 29:25 }
Oh, oh shit, very long round now. And like we said last week, how we've been like radio silence for a while and it's just been all, Zen shared. Watching it go up like Tank, it's like everyone is in it. I had to it every now and again, a bit here, a bit there. Nice. And ohh, the hedges can do what they want. It's yeah.
Col: { 29:51 }
No, no one can hear the sound of my beer pouring.
Sam: { 29:54 }
That's probably a good thing.
Col: { 29:57 }
Ohh.
Sam: { 29:59 }
I just say yeah, because the mic is directly above all the keyboard what call his mobile Geek Station is plugged into. I could just see this point. They had a massive shot. Massive shot. Ohh God done this. Ohh, God, ohh. What's going on there? Yeah, we had a massive short circuit and I've run off on fire.
Col: { 30:23 }
Brilliant.
Sam: { 30:24 }
Brilliant. Like we planned this year in it. It's like, it's like actually like we think.
Col: { 30:27 }
But you know, when, you know, when people are really concerned about the fact that we that we're, we're gonna be bad carriers, we're you know, the shorts are covered in January and everyone should go home and forget about GM and everything. This from Diamond Ape 69, you know all of that. Diamond Apes 69 that's a really good handle.
Sam: { 30:46 }
He's got all the best thing and he's got a Nancy.
Col: { 30:49 }
Boy, he's got a Nancy boy. Yes, he has. So Diamond Ape 69, welcome to the podcast. If you're in it and you're on it, you're on it. You're in it. He posted this, which was just lovely. So this is what this is what this is what they do, isn't it? It's like me. I mean, we do, you know what? We talked about this on Whiskey Pies and Lies.
Sam: { 31:08 }
I did this the other day.
Col: { 31:10 }
The question there's a urinal etiquette etiquette quiz and this Motley Fool is not cool, man. No, this is not cool. I would get stage fright immediately.
Sam: { 31:23 }
Did exactly that when he went to Eric Clapton, went into the toilet and there was like, there must be 40 fucking urinals and there was one bloke in it because it was the support band. I want you don't. He kind of looked at me and I just walked straight and I got to the one like a couple hours said I'm only joking me and he started pissing so fucking because I thought, well, I wonder what you're doing then it's like me, I couldn't I couldn't not do it. And so I obviously went down to the other end of the urinals, which is etiquette. They just bought. Me and him were in the toilet giggling together. Couldn't get battered but.
Col: { 31:58 }
Yeah, me Motley Fool. GameStop don't buy GameStop Bad bad gold in the back. It's bad.
Sam: { 32:06 }
She was offered.
Col: { 32:08 }
And this one is from Ghost at 615. Ghost with zero No no mainstream media sentiment bro. Please sell your shares bro bro there's so many other stocks please sell bro. He said you passed it just.
Sam: { 32:23 }
Bro ohh that was amazing.
Col: { 32:26 }
So good. Yeah, thanks.
Sam: { 32:28 }
Ohh, look. Academy Award for Internet Podcasting goes to go ahead.
Col: { 32:37 }
Can you look pretty upset, doesn't he? He does genuinely upset.
Sam: { 32:40 }
He does.
Col: { 32:41 }
Where? Yeah. Crocodile tears. Crocodile tears, indeed. Right. That was it. I remember.
Sam: { 32:47 }
Crocodile tears. I Jimmy Nail crocodile tea, asserting that now making you so.
Col: { 32:58 }
Copyright. Copyright. Yeah. I'm not. I'm I'm certain that one has copyright.
Sam: { 33:02 }
Disclaimer for Jimmy nails crocodile tears.
Col: { 33:04 }
Indeed, indeed. Ohh God ohh hang on.
Sam: { 33:11 }
What else we go?
Col: { 33:12 }
I've lost my thread now I've lost me thread.
Sam: { 33:14 }
Ohh, perked up. They do. They they're roaring Kitty one-on-one is they don't.
Col: { 33:18 }
Want that one is good. Here we go here we go so this is from woosh. It's woosh at its woosh. Wait, what the fuck? We're putting a goal on the sphere or in Kitty. So apparently, I don't know if this is true enough, but apparently there's been a Go Fund Me or some sort of crowdfunding thing where we're going to put a, we're basically going to put Roaring Kitty on the sphere in Las Vegas, which I thought was brilliant. And if I'd known about it, I would definitely have pitched some money towards.
Sam: { 33:48 }
It was what was it? What was she called $50 billboards in New York and the the plane. Yeah. Catch striker, wasn't it? I can't, Yeah,
{ 33:59 }
I'd be asking for her to do because she's, she's got a history in doing this, isn't she? She's got like a bit of a.
Col: { 34:04 }
She has. She has, but it's already been done, something that's already been so we've been funded looks at.
Sam: { 34:10 }
Ohh come on cat, you should.
Col: { 34:11 }
Have $680,000 they've got from 6:50. Now whether this is true or not, I've got absolutely no idea. But if it's true, ohh, holy crap that would be funny. It would be holy crap that would be funny. People look at it going who the hell is that?
Sam: { 34:26 }
Just crowd from 680 dollars $600,000 took in different GameStop buy shares with it Keith Gill on on the.
Col: { 34:33 }
Dough, I think that's cooler. It's very cool. I mean GM shares is cool as well but that's cooler.
Sam: { 34:41 }
We could do that after it's our Morris is kicked off and we could just buy the Dome, just have it for apes forever.
Col: { 34:46 }
Ohh ape Dom Dom ape Dome, right?
Sam: { 34:52 }
And anyway, Speaking of apes and meeting up and having buying domes and stuff where we were trying to
{ 34:59 }
the podcast, Ohh, the European apes you all met up.
Col: { 35:02 }
Ohh, yeah, yeah, yeah, yeah.
Sam: { 35:04 }
Have you got that? I've not got that I've.
Col: { 35:06 }
I I have got that charge. I have got that. Hang on. I'll dig it out. I'll get out a second. Yeah, come back to that. Remind me. Remind me. Right. Sorry. Back to the 2020 first of June and these call options.
Sam: { 35:19 }
Yes.
Col: { 35:20 }
So
ohh so I'm I'm thinking I'm I'm it's my it's my pensive thinking already.
Sam: { 35:30 }
I just thought I saw dolphins.
Col: { 35:31 }
In the Bay, then, it's my pensive thinking.
Sam: { 35:34 }
Nice. Very pensive.
Col: { 35:36 }
How can I do this? When you're in the room with advice to get, it gets lost, doesn't it?
Sam: { 35:39 }
Well, when you're looking directly at camera, you pants your thing, you kind of go cross eyed and I think you're having a poo.
Col: { 35:46 }
A poo poo.
Sam: { 35:48 }
Poo.
Col: { 35:51 }
Tell me kids. Exactly. No, we haven't got kids.
Sam: { 35:56 }
Yeah, not together. Separate. It's not my two dads. Remember that. Do you remember my two dads?
Col: { 36:01 }
I have one that.
Sam: { 36:02 }
No. Do I have to get the the show? What was that? Was that? Would you like to swing on this dad?
Col: { 36:11 }
Movie. And that was clarity, not Clarissa. Ohh.
Sam: { 36:14 }
Yeah, I'm mixing 2 up.
Col: { 36:16 }
Ohh Sabrina. Sabrina, Teenage.
Sam: { 36:17 }
Witch wasn't it? Was that alien?
Col: { 36:20 }
Elsa been to the teenage.
Sam: { 36:21 }
Witch no it wasn't. Anyway, it was my two dads and it was one of the dads was.
Col: { 36:29 }
You've only had one dad. Stop it all the.
Sam: { 36:31 }
Series the kids programme and one of them was who was the guy Michael somebody who was an aliens.
Col: { 36:39 }
He was an alien.
Sam: { 36:39 }
He was an Aliens. The film. Yeah. What? He was the one who recruited Ripley. He was in my 2 days.
Col: { 36:45 }
Ohh, ohh. Yeah, him. Yeah, yeah, yeah. It's quite a famous 80s nineties actor, isn't it? 80s actor.
Sam: { 36:53 }
He'd be upset with that. He's been around for ages and.
Col: { 36:54 }
Still no. He has and he still is. In fact, he was in
{ 36:58 }
fucking Stranger Things isn't strange. Yeah, he's in Stranger Things. He's the doctor in Stranger Things.
Sam: { 37:06 }
OK.
Col: { 37:06 }
I can't remember. I can't remember his name. Anyway, doesn't matter, doesn't matter. The tangent wasn't it, It was. Now I've missed a very vital part of D so masses amount of call options blah blah blah. What is going on? Yeah, it seems to be. I think it was $89 billion worth of what was it swaps that basically needs to be paid for in June. I must have stuck a little bit of a little bit of DD there. It's a little bit D, isn't it? I see you're gonna, I'm gonna, I'm gonna suggest dragging. Massive. No, no. Massive, massive. There's a.
Sam: { 37:50 }
Couch to our right. If we turn that up, we'd find the cash it down the back of the couch. Could that with that, Yeah, Penny.
{ 38:01 }
OK, that's that.
Col: { 38:02 }
Covered. That's good. Excellent, excellent. 89,000,000 Sorry 89 billion. 89 billion.
Sam: { 38:07 }
That's a lot.
Col: { 38:08 }
89 billion. A lot. It's ridiculous. Yeah. Now this apparently is this was the way they killed off. This is the way they've killed off the the Moss for the last three years. So they all thought that we would disappear and they all thought they would kill the company before this would happen and clearly didn't. So now they've got this 89 billion payday.
Sam: { 38:33 }
They underestimated our level of.
Col: { 38:35 }
Retirement. They did. We are massive. We are smooth brained apes who just love to start.
Sam: { 38:39 }
With right, we sat here eating crayons for three.
Col: { 38:41 }
Years. Crayon eating motherfuckers.
Sam: { 38:43 }
Yeah, I shit, it's a pure wax now. In fact, probably stick a bit of tying up your ass you shit candles.
Col: { 38:51 }
She candles, that'd be cool.
Sam: { 38:53 }
That's a new new, new fragrance for Joe Malone. Sandalwood and shit.
Col: { 39:01 }
That's like what's her face credit pouches we mentioned last week.
Sam: { 39:05 }
With minge candles with.
Col: { 39:06 }
Binge candles. Yeah ohh. Smell my snatch even better. So fighting this candle and go and get a room that smells of my smart snatch.
Sam: { 39:15 }
When we see the trick we should open it's not candle candle.
Col: { 39:18 }
Shop snatch candles.
Sam: { 39:20 }
They could do, Yeah. Cigar shopping.
Col: { 39:22 }
Don't want you don't want bum smell, do you?
Sam: { 39:25 }
Rather snatching out the bum. Smell fragrant in my room, if you really yeah.
Col: { 39:31 }
I want one either, I'll be honest.
Sam: { 39:33 }
Ohh what if attitude.
Col: { 39:34 }
Ones like a heavy earthy smell. The ones are heavier.
Sam: { 39:37 }
Smell, yeah.
Col: { 39:40 }
Ohh good, ohh good mate. It's not good, right? 89,000,000 Sorry I can't keep saying it. 89 billion billion with a big billion that need to be covered, paid.
Sam: { 39:53 }
For it's alright, they're not recovered. It's.
Col: { 39:55 }
Good. So after now then now this is the interesting bits. Let me let me bring this up because this is the this is the story that makes my blood boil every single time.
Sam: { 40:03 }
Are you going to get angry? Get angry last week? Angry this week?
Col: { 40:06 }
You know what? I'm not gonna angry because can I also say so that you wouldn't make sense if you don't, if you don't know this guy here, this guy is is it's not Mr. Burns, It's it's Gary, the fucking useless twat Gensler. They're honourable. The honourable which bit of his honourable?
Sam: { 40:28 }
I was going to say something but I won't because it possibly for even for our podcast was going too far.
Col: { 40:36 }
Wow, that would be a first. Yeah. There's nothing honourable about going Hensley whatsoever. So that that for me I should have put a blank. I should have put a blank bit there and.
Sam: { 40:46 }
Yeah, I was going to say it was a bit that dribbled down his leg. That's the best bit of him.
Col: { 40:57 }
Ohh dear.
Sam: { 40:59 }
I feel bad, do you think?
Col: { 41:00 }
Animal though.
Sam: { 41:01 }
I just think he's grown in the lab.
Col: { 41:03 }
I think you. I think he must have been growing in the lab. Yeah, I think he was a a mirror image of the the of the lab scientist that grew him. He just, he just looked a bit crazy, doesn't he? Why is that hanging up his ear? It's a bit of furries. Does this? Does his hair go all the way down his head and then ship out?
Sam: { 41:21 }
That's a bit like something about Mary when he sits in the bathroom having a wank before he's got he's got something in his ear.
Col: { 41:28 }
Anyway, who's this dude in the back? No idea.
Sam: { 41:31 }
What? What is?
Col: { 41:32 }
That no idea, but I, I reckon I reckon he's an ape. It looks like an ape. He's.
Sam: { 41:35 }
There he looks.
Col: { 41:36 }
Like a day to throw shit at Gary.
Sam: { 41:38 }
No, he looks like the guy out of him, the alien in many black, you know, he steals his skin and he puts his eyes.
Col: { 41:46 }
Ohh Guy. Yeah, yeah, yeah. Anyway,
{ 41:49 }
MLP, so I think if you're in, I think you're an app get this right, because I think MTP has been it's quite famous. It was halted 330 days ago. Currently there is no resolution for MMT LP shareholders. So what does this actually mean? So let me sorry, by the way, that was from Meta News M or Meta Meta News News, right? So then if you don't know what happened, it is the craziest, it is the most obvious piece of fraud, it's the most obvious piece of corruption. It's where the system protects the shorts, the hedge funds, the big, the big organisations. It's never been anything more than that due to a systems coding issue. Wow. Wow. OK. So first of all, Finna, you're admitting reliability, You're admitting liability because this is actually from Finra's website, FINRA.
Sam: { 42:47 }
FINRA.
Col: { 42:49 }
FINRA incorrectly classified MLP as a security of a non SEC reporting company and as a result incorrectly published its threshold securities list. How do you fucking do that? How do you get it so wrong? You allow a company to trade for years, Not for a few days, hours, weeks, fucking years with that mistake. It doesn't happen. It's nonsense alright. Or is it? What does it mean in in in proper terms? FINRA ended up issuing a rare surprise emergency halt of all its trading of MMT LP in December 2022 before all trades could be completed. It's effectively wiped out hundreds of millions of dollars in the stock owned by 65,000 investors. You are one of them, Sir. Yes, yes. Well, possibly shielding hedge funds and short sellers from huge losses. As simple as that, basically.
Sam: { 43:51 }
That's that doesn't happen, no.
Col: { 43:53 }
Cellphone well, this is my worry now with GameStop, but I think but I think because yeah, so they could do exactly the same thing the GameStop, but they can't use the whole all right we missed misfiled it as a non non SEC compliant organisation, which is nonsense right. So yeah, but I do think this 89 billion of of of payback coming, right, 89 billion of dollars worth of payback coming. How are they going to squirm their shit out of this you?
Sam: { 44:20 }
Know what? I'm gonna bring your name back into the fold, who we've not mentioned for a while.
Col: { 44:24 }
That.
Sam: { 44:24 }
That was Donnie.
Col: { 44:26 }
Ohh, you haven't. I've not got Mobile Geek Studio. I've not got it done.
Sam: { 44:30 }
Here, well, that was done in the the talked up Internet.
Col: { 44:35 }
Can I play this instead?
Sam: { 44:40 }
It's crime a lot Kenny lies crime unmasked criminalise, criminalise. Kenny lies, crime, lies crime.
That was great. Be good,
{ 44:58 }
help me depressed after the wiggling, the wobbly.
Col: { 45:00 }
The wiggly wobbler The wiggly wobbly stops. Press the button.
Sam: { 45:03 }
Getting smooth now. Smooth, smooth.
Col: { 45:05 }
Operator. So I can't do that because I got here, I'll get a.
Sam: { 45:09 }
5 second penalty, I've got a.
Col: { 45:10 }
5 second penalty. Yeah, exactly.
Sam: { 45:12 }
F1.
Col: { 45:13 }
F1 joke, Yeah, you gotta look at that.
Sam: { 45:16 }
Yeah, we've not spoke about Danny for a while, but he's the guy who's fucking things up again.
Col: { 45:22 }
Umm, yeah, Denny's obviously over at FINRA and he's fucked it up, hasn't he? Yeah.
Sam: { 45:27 }
He had some job done. He.
Col: { 45:28 }
Ohh I wish I'd I wish I had the Donnie. I don't have the Donny.
Sam: { 45:32 }
Music. We'll get the Donny music for next.
Col: { 45:33 }
Week so I can just insert it now when now?
Sam: { 45:38 }
Don, it is my name. Inter needs my game. All the decisions that I make, the destruction in my wake. Here is Danny. I'm Danny. Remember Donny fucking always me? Ohh.
Col: { 45:58 }
I could just put it in, yeah.
Sam: { 46:01 }
He said the crime.
Col: { 46:01 }
Lies I in fact, Sorry I've just put it in. Sorry, I've just put it in.
Sam: { 46:05 }
It's like that's the future I.
Col: { 46:07 }
Don't I know it's great, isn't it? Because you got the power of editing? I watch.
Sam: { 46:10 }
This now I can edit.
Col: { 46:11 }
This one because I'm recording it.
Sam: { 46:13 }
I don't remember that.
Col: { 46:14 }
I know it's gonna look fabulous.
Sam: { 46:16 }
Will it fuck our timeline up though? We've got to go back and stop buffering having these empire and so because you put the Donny music.
Col: { 46:22 }
In OHH, no, yeah, it's the, it's the Donnie Almanack, the Donnie. I'm like, anyway, so I, I, I, I do wonder whether I mean, 8 to 9 billion, right? There's just too much there. There's too much. What are they going to do to whittle that down to a point where they can they could cover or pay back? I think you just don't know.
Sam: { 46:45 }
Everything. There will be mistakes will be missed. Filings will be this, there'll be that. There'll be more warehouses burning down like there was a couple of years ago with all the files in it. That would be just everything, even to the point of
{ 46:57 }
aliens being discovered to cause mass panic. And it would just be mass panic and mass panic because they've got no other choice to get. They can't get out of this now. They're fucked.
Col: { 47:07 }
They're fucked right? What we on time wise? Ohh 47 minutes. Ohh, we could probably get under the hour here.
Sam: { 47:13 }
Is that first?
Col: { 47:14 }
No, we've, we've done it under an hour before. We do you know what last week's podcast was? One minute. Sorry, one minute you're all fucking.
Sam: { 47:23 }
Full of content.
Col: { 47:24 }
It was an hour and an hour and 12 minutes, but it was over. It was an hour hour 13, the previous podcast we did 18 months ago. Before that was Guess How Long?
Sam: { 47:34 }
About 2 1/2 hours now. Really. Come on.
Col: { 47:37 }
One hour and 13 minutes. Really. Really.
Sam: { 47:39 }
Wow, we're consistent. We are. We have 185 break.
Col: { 47:44 }
Consistency, I don't know. Big thank you to everyone for downloading the podcast this week.
Sam: { 47:50 }
Fucking big time thank.
Col: { 47:52 }
You daggering amount of people that downloaded online Spotify, Apple, Google and all your other podcasts.
Sam: { 47:58 }
You know what choice You've actually blown us both away, haven't we? Were both in.
Col: { 48:02 }
The first one back, it was fabulous. Yeah. And also the the live views we had like 5500 and 55170 people joined in live on Twitter.
Sam: { 48:15 }
Yeah.
Col: { 48:15 }
And the Chartist and YouTube very like.
Sam: { 48:18 }
Yeah, one last minute and everything. Yeah, still to get those.
Col: { 48:20 }
Loads of people tuned in, so thank you. Thank.
Sam: { 48:23 }
You for that thousands downloading.
Col: { 48:24 }
1000 downloaded over. I think we've got over 12,000 views on on Twitter. Yeah, brilliant. Thank you. Alright.
Sam: { 48:31 }
I'll say it every week we do. We guys get out there, have fun. Don't watch those dickheads would do.
Col: { 48:37 }
Because we because, because we're making this lighthearted 2 dudes in your D right on this note, talking about crime and lies. I'm not going to insert another crime lies. I don't need to.
Sam: { 48:50 }
No, not not here.
Col: { 48:52 }
Not in here, not not inserting in here.
{ 48:58 }
Gotta figure. I'll tell you what. My wife looking, aren't you? Yeah.
Sam: { 49:01 }
She is. You've just you've eaten a sausage live on podcasting and fingered the camera.
Col: { 49:06 }
Nice, right. Speaking. I don't know. Yeah. OK, we're gonna go there. Speaking of fingering, this is from Kristen Shaughnessy.
Sam: { 49:18 }
Knowing Christian, I'm sure you're a lovely.
Col: { 49:21 }
Girl, I'm sure you are just gonna let Colin finger. No, no, no more. So I follow Kristen on links in as well. OK, so I've seen, so I've seen Kristen before on LinkedIn. So Kristen, this is a debut, debut moment for the podcast. Congratulations, you've made it. You're not. You're not you're.
Sam: { 49:41 }
It hello. We're sorry about the fingering coming.
Col: { 49:44 }
Yes, we are sorry. I do apologise. We didn't mean that. We are not professional, but we're not crude. No, yeah, we are. We're both of those things. We're both.
Sam: { 49:50 }
Completely professional.
Col: { 49:51 }
Anchored exactly. So big banks exerting their power in Washington, even the ones that are way over leveraged. We're going to go into the numbers in a second because these numbers will blow your mind. 89 billion. Yeah, nothing.
Sam: { 50:03 }
Pinout.
Col: { 50:04 }
Mute The biggest Banks seem poised to win a reprieve in Washington, maybe even to the tune of 10s of billions of dollars. The Wall Street Journal reported that regulators are considering making significant changes to a recent proposal that would require banks to have more capital so the crash in 2010.
Sam: { 50:26 }
OHH 2008.
Col: { 50:28 }
One after that as well. 2012 Ohh God I can't remember. Yeah, so.
Sam: { 50:33 }
No crashing into one another, don't they? So 2008 was the the big one for a bit.
Col: { 50:41 }
Was one where I remember brothers went pop.
Sam: { 50:43 }
2008.
Col: { 50:44 }
I'm sure it was 12. It was 12
{ 50:48 }
comment the comments I was deaf. We are we should know idiots find that special finance experts experts we finance podcast. How would you not war when the last dog with market crash was certain expert we're not definite experts with two idiots yeah. So then when that happened, the banks, obviously Layman Bank, Brothers Bank went under and couple other banks were really close to going out to get bailed out by their government entities such as Barclays in the UK. And there was others, Citibank, did Citibank, JP Morgan, I'm not sure. One of those, I don't know, fucking two organisations had to get bought out by the so I had to get bailed out by the US taxpayers anyway. So to prevent this again, they had to have much bigger reserves in the bank and also FINRA
{ 51:42 }
and it was it was it DTDTC? Yeah, Karen, which one? Yeah, DTC can't which one? Which one? It was now had to then create like an insurance fund where they, the banks have to pay into this fund every year. And it was allowed them if they weren't under, they could then be bailed out, etcetera, etcetera, etcetera. Anyway, so it looks like they're going to revoke or at least dial that down a little bit. So money will be given back to them so they don't have to be as physically, fiscally. Thank you. You're welcome. Now fist fingering and fiscally in and.
Sam: { 52:17 }
It's terrible.
Col: { 52:20 }
Right.
Sam: { 52:20 }
So you say they don't need a big as big a margin they used to have?
Col: { 52:23 }
No, it's so it's like a reserve and money that they have to have on tap and they have to prove, they have to prove to the government they've got this money on tap. If they if, if the market crashes, they could cover whatever it is, right? That's being reduced, which I think is insanely ridiculous because if I was, if I was a taxpayer, I am a taxpayer, assure you, as are you.
Sam: { 52:41 }
Watching try to pay as little as possible, we all.
Col: { 52:44 }
Try to pay as little as possible.
Sam: { 52:46 }
Never works like that, but if.
Col: { 52:47 }
You're a taxpayer. Why should you have the bell these knob heads out once again, especially as they literally are flirting with danger. Now let's come to this. Now this comes.
Sam: { 52:58 }
We've always done this is the problem because they just leverage upon leverage, always other people's money. And when they fuck it up and lose it, they've not lost their money and somebody else will bathe them out there.
Col: { 53:08 }
In the problem, I've spent all my money on stupid shit. Sounds like my 89 year old. Yeah, yeah. Ohh. Dad, I could have could have some money to buy more stupid shit with. Please. Ohh.
Sam: { 53:19 }
Yeah, the 19 billion.
Col: { 53:22 }
I just know club support.
Sam: { 53:24 }
Go on, then, go on. OK.
Col: { 53:26 }
My 9 year old anyway. This comes after intense lobbying by the biggest banks led by JP Morgan Chase's Jamie Dimon. Ohh fucking lover. God, JP Morgan Roast.
Sam: { 53:39 }
Ohh JP Wrongens.
Col: { 53:41 }
JP Wrongens right then. So here we go. So here we go. JP Morgan. Ohh, it's Kristen again. Kristen's got real.
Sam: { 53:50 }
Hankering for figuring right? Try another champion. I'll be back in a second.
Col: { 53:56 }
I'm going to say we shouldn't drink anymore.
{ 54:01 }
It's a JP Morgan has about you ready? Are you? He's over there now. He's over. He's he's getting, he's getting beer out the fridge. JP Morgan has about $58 trillion in derivatives. How is that a not a top story? Thank you very much. I completely agree Kristen. The scale of derivatives held by major banks like JP Morgan Chase and Co, Citibank and Goldman Sachs amounting to 203 trillion trillion dollars. Now then, now then, what was the GDP of the UK?
Sam: { 54:46 }
Not that.
Col: { 54:46 }
Much. Not even close to that. I think it was around about a trillion dollars.
Sam: { 54:53 }
We're fucked, everyone's fucked, we're all fucked.
Col: { 54:55 }
So, and we are the seventh biggest economy in the world. The UK is the 7th great biggest economy in the world. So and we are what we're I think it's more than that. I think we're maybe maybe it's maybe two trill Max.
Sam: { 55:08 }
If only we had devices where we could Google this shit.
Col: { 55:11 }
Fucking where's your phone?
Sam: { 55:13 }
In my bedroom. Go charge him.
Col: { 55:15 }
You come to your own place in Wales and you don't even come prepared. Unbelievable.
Sam: { 55:20 }
I used all my battery of the phone. Hang on what? Looking at photographs of Christianity online, I did really Christian.
Col: { 55:31 }
Ohh tell us it's worth 1.1 billion Industry reference What is the net? What is the net worth of the UK?
Sam: { 55:40 }
Do you like how we're also doing champion in bottles and then going to a champion in cans, direct comparison to see which is nicest?
Col: { 55:48 }
Wow, actually the UK net worth increased by 1 trillion to 11.8 trillion. So we are the UK is worth 11.8 trillion. It's still.
Sam: { 55:58 }
Yeah, 5% of that.
Col: { 56:01 }
Yeah, yeah, it's still 5% of what? Those three knob head banks. Ohh. Now, what's the net worth US hang on so.
Sam: { 56:08 }
I'm more interested in Taylor Swift.
Col: { 56:11 }
Well, I'm always interested in Taylor Swift. Oh my God. OK, so here we go. And so, so these knob heads, JP knobheads, City knob heads and Goldman knob heads.
Sam: { 56:25 }
Go go and socks.
Col: { 56:26 }
Goldman.
Sam: { 56:27 }
City. Wank City.
Col: { 56:29 }
KJP Tongans, JP Rogans 203 trillion They own derivatives. Now come back to what the derivative is in a second. But the financial position of the United States includes assets of at least 269 trillion. 269 trillion. Holy shit, they're gonna bankrupt the fucking United States.
Sam: { 56:52 }
Bankrupt the world.
Col: { 56:54 }
Ohh yeah. By by osmosis, yeah, Oh my God.
{ 56:59 }
So we did a ohh my goodness, I.
Sam: { 57:03 }
Fortunately, Taylor Swift will save us all.
Col: { 57:06 }
I do. You know what? You can come see me whenever she wants.
Sam: { 57:09 }
We, we, we speak.
Col: { 57:11 }
I I've got, I've got a quick question for you. I've got, I've got no, no, no, I've got shush. I've got I've got I've.
Sam: { 57:16 }
Got shush me? I thought you shush me.
Col: { 57:23 }
I got a quick question for.
Sam: { 57:24 }
Ask. Go on.
Col: { 57:26 }
How tall? Please tell us where I'll give you 3. I give you 3. Is she 5 foot 8?
Sam: { 57:33 }
No, wait, I'm.
Col: { 57:35 }
5 foot 10.
Sam: { 57:36 }
Coat.
Col: { 57:37 }
Hang on. I'll I'll rephrase this. Hang on.
Sam: { 57:42 }
Ohh fuck Ah go on WhatsApp.
Col: { 57:46 }
Is she? Is she 5 foot 9, 5 foot ten or five foot 11?
Sam: { 57:54 }
Well, this is five for 8:00.
Col: { 57:56 }
It drops off the list.
Sam: { 57:58 }
Goes quickly she.
Col: { 57:59 }
Cannot stop growing girl. Ohh, you're 5 foot 95, foot ten five foot 11.
Sam: { 58:05 }
I would say she's 5 foot 11. She's quite ohh.
Col: { 58:07 }
Fuck, he's going right again.
Sam: { 58:09 }
It's dangerous. Now I'm doing it. I'm fucking tastic every question, right?
Col: { 58:15 }
Thing tastic I'm doing tastic tell us worth.
Sam: { 58:17 }
You know what?
Col: { 58:18 }
She said good looking girl, she's gone. I don't care, I don't care. Anyone says because people like her, why? What's not to like about her?
Sam: { 58:24 }
I agree she's.
Col: { 58:25 }
Smart. She's rich, she's fucking hot and she's and she's clearly.
Sam: { 58:31 }
Funny, see Ariana Grande for me. We sound like 2 old Perves right now. We are.
Col: { 58:36 }
But I'm OK, we are simps as my dad has my eldest boy would say.
Sam: { 58:39 }
Simpson, Simpson, that's down. The kids knowing it.
Col: { 58:42 }
Yeah, something to do with the fact that you like, I don't know. It's not good, I know that much anyway.
Sam: { 58:52 }
Please in the comments,
{ 58:54 }
OK on whatever comments there is on this, however it goes out, tell us what Sims are and do you think we are then?
Col: { 59:00 }
Ohh we are definitely OK 203 trillion in derivatives held by Goldman Sachs. They are over leveraged on their derivatives now. We did. I do not remember which episode it is on the podcast and I should probably insert it. Yeah.
Sam: { 59:15 }
We came good at that. Ohh God editing Tastic this is making you more.
Col: { 59:19 }
Work to create real nightmare.
Sam: { 59:21 }
And also, college is going to let us know how long it took us to edit all these things by editing the time it took to edit them all here.
Col: { 59:33 }
Yeah. Anyway, so they were overleveraged. I think they were something I think Goldman said no, no, no, yeah. So Goldman Sachs, it was Goldman Sachs when they Goldman Sachs, Goldman Sachs, they were something like 330 to one over leverage. But for every one dollar they yeah, they owned, they owed 330 yeah, dollars for everyone. They owned
{ 59:56 }
bricks and mortar and investments and everything. And it was 2008.
Sam: { 60:02 }
R12 we don't know. I remember you saying that they're only averaged about 10 times.
Col: { 60:08 }
203 trillion man.
Sam: { 60:12 }
Pocket change.
Col: { 60:14 }
You could buy most of Europe. For that you could buy euro.
Sam: { 60:19 }
I would apart from Belgium, Belgium.
Col: { 60:24 }
I was gonna say, it's just not Belgian beer. It's not it's beer. It's. Yeah, it's this beer is meant to be Scottish, but it's actually brewed in Manchester. So, yeah, Yeah, that's right.
Sam: { 60:34 }
I don't know, it makes sense.
Col: { 60:36 }
It does Carlsberg, it's Marston, it's done in Wolverhampton.
Sam: { 60:42 }
Because you know what? The Carlsberg Brewery drink most of it before they got it here.
Col: { 60:45 }
Exactly. I love Scottish. We saw the Italians. Italians don't like their best. They don't want their best beer. Leave the best wine, leave the country. True facts.
Sam: { 60:52 }
Why would you?
Col: { 60:53 }
Why exactly the Italians are gonna riot, right? Anyway, that's.
Sam: { 60:57 }
Great. I think all the way through the podcast, Are you gonna be? He's like Knox and Clinton was like putting glasses down and pouring and opening.
Col: { 61:03 }
Exactly.
Sam: { 61:05 }
We mobile. You've got to bear with us, guys.
Col: { 61:07 }
We are mobile. We're just over the hour. We fucked it, aren't we?
Sam: { 61:11 }
The 55 which you've not done for a while, sorry, but 5 E 5 usually takes about fucking 3 1/2 days.
Col: { 61:16 }
We should do A55 next week.
Sam: { 61:17 }
We should do five. Yeah, we'll do 55 in 5 minutes. Or really just be half an hour. Worth was rabbiting.
Col: { 61:23 }
We've done it once before.
Sam: { 61:24 }
Once we've literally done 55, so it's 40 times. So if you've got it in 5 minutes.
Col: { 61:29 }
Once I know, I know, I know. We did a good job though. I think I kept saying shut up, shut up, guy on.
Sam: { 61:35 }
We still high five each other at the fact that we got it's all fives. Tell me jokes.
Col: { 61:44 }
You know what?
Sam: { 61:45 }
Just play it. I'm just it's been that long. It's 585 days which all fives.
Col: { 61:49 }
I'm just gonna play it. I'm not even inserted. I'm just gonna play it right now, live.
Sam: { 61:53 }
I'm Paul, five in five years time Paul 5:00 and 5:00.
Col: { 62:03 }
I I just love it. I love.
Sam: { 62:06 }
It it's been a while. We're doing next week. It's Kenny, yeah.
Col: { 62:08 }
It's Kenny, a little cheeky wink at the end. It's.
Sam: { 62:10 }
It's it's still for me, it seemed creamy. It looks like. What's your name? Billy Joel still still gets me, still makes me chuckle. We'll do it next week. We'll do A5.
Col: { 62:19 }
Year five and five, yeah, yeah, sorry, this was sorry the the 89.634 billion in securities not sold, not yet purchased. It was also from Citibank as well, so this is this is part of their overleveraged elements.
Sam: { 62:36 }
OK. And this is these poles was from squeezing the cow.
Col: { 62:39 }
Muck squeezing the cow. I want a great name.
Sam: { 62:41 }
Yeah, squeezing the cow muck squeezy the cow. Why would you not squeeze a cow? And cause it's a mic there. Is it McDonald's or Scottish?
Col: { 62:50 }
I don't think McQueen is a Scottish name.
Sam: { 62:52 }
Squeezy. I've never been to McDonald's and said can I make squeezy with humans? Make squeezing meal please.
Col: { 62:58 }
Can I have can I have a mcqueens McQueen meal exsqueeze me so right that was that one.
Sam: { 63:08 }
Ohh, is that another Christian one?
Col: { 63:10 }
Ohh God, that's I think I've got a thing with Kristen.
Sam: { 63:13 }
And I said wow.
Col: { 63:14 }
Yeah, it is, Chris. It's another another Kristen. Kristen, Kristen, you're out. You're honestly fire, love on fire, right? More context to cities 79 million fine for its billion dollar mistake. You know what these massive finance organisations like FINRA and City seem to be having these these silly mistakes, don't they?
Sam: { 63:36 }
Well they they are missing.
Col: { 63:38 }
Silly mistakes, Yes. Do you know we should do this every week? We should.
Sam: { 63:42 }
Yeah, yeah. We should travel. We should travel in person every week.
Col: { 63:47 }
Stewart live in a pub once. Just going to corner pub and getting back people over.
Sam: { 63:51 }
That would be great. We should go to the one that Brad Pitt did in the pub. He was selling their stocks in the big shop
{ 63:58 }
when he went, and they're wrong, he said. You need to sell everything he's like.
Col: { 64:03 }
In the pub, yeah. Wow.
Sam: { 64:06 }
They rang him and he was on holiday. He had to sell, sell everything because he had the contacts and he was like in a pub somewhere. Numbers like crazy. Yeah, yeah, I'll do it for 90 million, like, yeah, 90 million, mate. Get us appear afterwards other local like sheep farmers.
Col: { 64:24 }
Time right. So this is all about Citibank. So they they basically parried out to the impacts of the mistake it finds right to a 300 billion.
Sam: { 64:35 }
Before you carry on, I just want to say it's like we, it's like we've done all this before and planned jokes around Carol. Ready. Go Carrier read.
Col: { 64:47 }
I.
Sam: { 64:47 }
Watched waves crashing onto the.
Col: { 64:49 }
Shore the Fines relates with $300 billion flash crash in European stock markets on May the 2nd. 2022 wasn't the first time. Here it comes, this narrative of of an erroneous fat finger.
Sam: { 65:05 }
Other Christian Shaughnessy Christian Christian Christian you. She's my favourite.
Col: { 65:09 }
Person lucky, Minx, Christian, a lot more critical. I've lost my place now make a lot more critical.
Sam: { 65:16 }
Me too, Colin.
Col: { 65:18 }
It was enough for Citigroup's past history, which included an eerily similar episode 2004. Citigroup's Traders code named 2009 episode Doctor Evil Tray It $300 billion is fucking hell brilliant. Notably, the code name was assigned in advance of the trade. City has gotten a lot of bailouts
{ 65:43 }
beginning oh here we go. It continues and my goodness beginning in December 2000, sorry December 2007 and lasting through at least June of 2010. Citigroup received the following in bailout. So this is this is exactly what we're talking about 2.5 trillion is secret cumulative loans from the Federal Reserve, 45 billion in capital injections to the US Treasury. The federal government guaranteed over 300 billion of Citigroup's assets if they got under like you're covered because these guys cannot be fucking trusted. Clearly. The Federal Deposit Insurance Corporation FDIC guaranteed 5.75 billion rookie numbers of its senior unsecured debt on 26 billion of its commercial paper and interbank deposits. Fortunately, the long tenured chairman and CEO City Citigroup. Sandy Sandy Wheel wheel.
Sam: { 66:36 }
Wheel, wheel together. We do though.
Col: { 66:43 }
He had retired a few years prior. No fucking chase thinking. Ohh yeah, like no thanks. Goodbye to the.
Sam: { 66:52 }
Collapse.
Col: { 66:53 }
And they cashed out hundreds of millions of dollars of his Citigroup stock that were paid for by the taxpayer. You sorry do it you it's pretty good. We incident more often we should we should just say that whenever whenever we're not together should do the finger and before the cash arrived for the little folks on fucking believable and these are part of back to the original story is part of the idiots that are 203 trillion over leveraged in derivatives.
Sam: { 67:29 }
Wow, as I've said wow few times over the years now. Got one word count?
Col: { 67:36 }
Massive penises, right? Let's talk about someone who's not a massive penis. It's boring Pico roaring piques backwards video from the roaring Kitty has surpassed 1.1 half million now this was like last week, so it's very it's way above that yeah, probably isn't way, way above that now. Yeah, yeah, there we go. So.
Sam: { 67:59 }
He's been making me laugh at the moment because every time I log on and go on, what do we call it now? Is it X on Twitter or like his ex now, right? He's always like good morning.
Col: { 68:10 }
Good morning and we go. Good morning.
Sam: { 68:11 }
GameStop good morning mate. Good. Come on mate. 2.4 viewers who always like my postcode. Fucking morning. Good.
Col: { 68:19 }
In morning, so that's not edited in. That's like my little machine I've got here. So unfortunately.
Sam: { 68:25 }
I've got beat machine.
Col: { 68:25 }
I got a beat. Machine beat me you.
Sam: { 68:31 }
So speaking, I was like, you know, just you went mother. Go on, go on, say it.
Col: { 68:36 }
I think you're a mother.
Sam: { 68:38 }
You stopped again. I didn't press because I know you wanna stop. You got swear and I promise I'll beat.
Col: { 68:41 }
You. I was gonna say Funster. You see, that's why you mother Funster. Absolutely the first one.
Sam: { 68:48 }
You absolute twat. Ohh.
Col: { 68:54 }
Dear, that's right. There you go. 1.5 million views.
Sam: { 68:59 }
Skills. Skills were in pika. Well done.
Col: { 69:01 }
Yeah, skills mate, absolute skills, right? We are very close to finishing here because we are over an hour. Yeah, Ohh. And we're drunk and we've talked about everything we want. We've probably got into GMP as much as we probably should have done.
Sam: { 69:14 }
What are they now?
Col: { 69:16 }
Quick, that's a good shout, my friend, Good shout.
Sam: { 69:18 }
You see what where we're at right now. Where are we at? See, I don't think any sequence like Jamie, they they just.
Col: { 69:24 }
Rocking shit. Bit criminalising mate. 20 to 80 were out now so we're 20. Only 20% up. Ohh.
Sam: { 69:30 }
Do you think we're going to 2121 today?
Col: { 69:34 }
Honestly, it is not in our interest to get to 2121. It just isn't. It isn't in their interest to crash the stock.
Sam: { 69:40 }
How long do you think he's gonna fucking Barcode? Around 22 to $25. Ohh won't see what happens at the 21st of June. Is it?
Col: { 69:53 }
Yeah.
Sam: { 69:54 }
Just give him your login details on there.
Col: { 69:57 }
No, no, no, I I checked. I checked before I showed on the screen 228820 percent ish.
Sam: { 70:06 }
20%, I'll take 20% up.
Col: { 70:08 }
OK else on here ohh you know we should finish on this. We should finish on this, yay.
Sam: { 70:14 }
Rudy.
Col: { 70:15 }
Salvatori Memorex George that, you know, also a a call out to Joey yeah as well because ohh.
Sam: { 70:24 }
Had no joy D What the.
Col: { 70:25 }
Fuck, have I got really rare? Hang on, hang on. I might actually have.
Sam: { 70:31 }
Was about getting back on the podcast and having a chat with him. He's been a.
Col: { 70:34 }
While ohh, we do not anyway and and So what? So what's coming as well? Which is great. So we get Salt and Joey on. But did I include it?
Sam: { 70:45 }
OK, it's.
Col: { 70:46 }
Ohh, I did. I did.
Sam: { 70:49 }
Shot him, man.
Col: { 70:49 }
Yes. Now then, I'm not quite sure whether you're going to hear this or not.
Sam: { 70:54 }
But if you don't, he will insert insert it.
Col: { 70:57 }
Here.
{ 70:59 }
Actually, no, I'm not going to say it here. OK, I'm gonna talk about it first.
Sam: { 71:04 }
Not there X.
Col: { 71:05 }
Twitter no, I'm not gonna sort it the second alright, so let's just let's just.
Sam: { 71:10 }
Consider it for the closing closing credits.
Col: { 71:13 }
Closing credit yes, yes, I'll put it in the closing credits absolutely worth it and GE Mowas AMC. So we we haven't talked a lot about AMC and.
Sam: { 71:25 }
No, we.
Col: { 71:25 }
Haven't. I have to say I'm not seeing a lot of AMC DD and I'm seeing a lot of people pitching in Nigeria, which I'm not. I'm never going to talk about never gonna post support. GM and AMC together is the morass and Sal as always mate. Spot on. It is because.
Sam: { 71:44 }
There's been like roaring Kitty staff who's obviously GE heavily biassed GE.
{ 71:54 }
I think the Jimmy thing with with the stock sell off and all that it, it's been more GE on the Twitter feeds and everything. Yeah, sorry, X feeds.
Col: { 72:02 }
I call it Twitter still.
Sam: { 72:06 }
So I don't know whether it's what I've been I've been seeing but just having majority of things, but I'm just missing my Jimmy than even see them and it was heavily AMC for a while there.
Col: { 72:15 }
I mean, I mean, let's be honest again.
Sam: { 72:17 }
I'm I I owe?
Col: { 72:18 }
Both they are intrinsically linked and and and this this diagram here from Sal explains that perfect. She's obviously spent.
Sam: { 72:25 }
A long time on Ohh, it's beautiful.
Col: { 72:27 }
I mean, you know, I don't think he's very good at like, you know.
Sam: { 72:30 }
He's shit at me.
Col: { 72:31 }
Graphics and memes and shit, Yeah, everything is very good at that stuff. So I'm I'm just taking hours, hours, hours today. But it's also very true. So we're gonna end it there because I think that is a great place to end it. And then when we leave,
{ 72:46 }
we're going to play a little bit of Joey and Joey and the Shorty man who we've had on the packet right on the podcast before. But honestly, I played it the day and it made me laugh so much and I loved it. It's such a I mean, Joey is a very talented man.
Sam: { 73:01 }
We've said this.
Col: { 73:02 }
Is a taste of very talented musician.
Sam: { 73:04 }
Which is if you do not follow it, follow Joey Gallo now following going follow him now because the his content is great as he sells always. And so yeah, he's right. These are two stalwarts of. It's an.
Col: { 73:17 }
Hour and 13 minutes. Really. Really. Press stop Ohh called ohh Say goodbye. Say goodbye bye. Thank you very much to everyone. Thank you for downloading. We're gonna.
Sam: { 73:27 }
Go to 14 Carl Douglas, 14.
Col: { 73:29 }
Yeah, it's gonna go over because it cause the show to man will definitely play over.
Sam: { 73:32 }
That ohh yes OK yeah OK insert Shorty man now.