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The Great EscAPE! Ep47 – Panic in the casino! (13th June 2024)
Manage episode 423580428 series 3006351
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Welcome back to another rollercoaster episode of The Great EscAPE! Podcast, where Sam and Col serve up the latest Ape stock market DD (Due Diligence) & absurdities with a generous side of humour. This week, they dive headfirst into the antics of Keith Gill, aka Roaring Kitty, whose livestream sent the financial world into a frenzy. With more viewers tuning in than the Super Bowl, Gill’s masterful trolling, complete with strategic pauses and chat antics, left hedge funds and mainstream media scratching their heads and clutching their wallets.
The duo also tackle the wider GameStop saga, comparing its record 18 trading halts to a stock market traffic jam. They gleefully dissect the futile attempts by hedge funds to manipulate the market, proving once again that the only thing more predictable than market manipulation is its inevitable failure. Sam and Col toast Ryan Cohen’s legal victory over a BBBY lawsuit and roast Citron Research’s Andrew Left, whose poorly timed exit from GameStop earned him the title of "worst trader ever."
The episode wraps up with a grab bag of hilarity, including sound effects, Joey’s Wheel of Fortune spoof, and a flood of memes. They also discuss the shareholder meeting that was derailed by technical glitches, sparking DDoS attack theories, and highlight the comedic brilliance of Ordinary Adam's relentless "Shut the f*ck up" posts aimed at Wall Street shills. In the end, podcast proves that in the stock market, the only thing rising faster than the share prices is the level of absurdity and associated crime and corruption!
Until next week! Enjoy!
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