Jan 28, 2021

Andrew Ross Sorkin on GameStop madness

What I'm concerned about is this is a pump-and-dump scheme that effecitly is being cloaked as Mother Theresa has arrived on the scene. I think there are real underlying issues with the system that need to be resolved. I do not want to protect the system. I love watching the little guy beat the big guy as much as anybody, but what I wonder is whether these folks who are "sticking it to the man" are sticking it to themselves in truth because... the fundamentals are so far out of whack, a lot of people are going to lose a lot of money who can't afford to lose the money.

~ Andrew Ross Sorkin, interview with Stephanie Ruhle, MSNBC, January 28, 2021



No comments: