watch. ♪ ♪ >> dave portnoy, barstool founder. as usual, this is where your business it is located and has been a phenomenal success story but this isn't about barstool, it's about the country. >> it's about trying to help small business in general. obviously if you walk around new york which we are doing you see there's a lot of businesses in trouble or gone. we fast-forward all the way to the end of december, and they closed indoor dining. they had opened it up a little bit and write for the holidays they said they were getting rid of it. i went on a rant because logically speaking if you walked around the city there were already tons of boards and things out of place. >> you got your story and you got your video and everything from there, we want to help. >> oh, my god. you are an angel. you don't even know. i don't even sleep at night. i don't. >> all my god. >> that just helps out so much. >> i donated 500,000 on my own money to start the small business fund and then start challenging basically my friends, a lot of them who h

it's got to be dave portnoy of barstool sports.favored their restaurant owners that were struggling and said man this is terrible what's happening. dave portnoy stood up and said i'm doing something about it. look at those numbers again. more than $16 million raised. 53 businesses have been helped. it's really unbelievable the 1 it 7,000 folks have come out to support it. if you had any doubt about the power of what this barstool fund has done, look at the reaction on the faces of those who have received assistance. watch. [speaking spanish] >> i'm so moved. really am. so happy. >> this is going to help so much. you don't know. thank you from the bottom of my heart. >> oh my god. i can't believe it. thank you so much. >> you're welcome. >> it's been so hard. >> no. >> yes. >> oh my god. this is really seriously happening right now? >> you are absolutely amazing. thank you so much for everything you are too long. not just for us but for like every small business. jason: wow, that is truly changing can lives and saving lives and love

joining us now to talk about this is dave portnoy president and founder of barstool sports. at to have you tonight. thanks very much for joining us. for so long we talked so much about hedge funds being able to put the squeeze on any company if they all got together and started shorting the stock, it has a major impact. nobody said anything in washington and now a group of individual investors start bidding up a stock, putting those hedge funds at a disadvantage and now there are investigations that they are talking about in congress. your reaction? >> well, there better be investigations. i don't know if congress is talking about it and i think the hedge fund guys who we would a wield a lotof power want it to . you summed it up and i have been beating this drum to death. what happened yesterday and today robinhood and a lot of firms did allow trading but they were still regulating it. it was basically the little guy. i say it ain't no if you please when the rabbit has the gun. the rabbit had the gun and all of a sudden the world stopped spinning they changed the rules of the

dave portnoy joins us tonight. dave, i knew you would do it.ry, it's a great story. why aren't more people celebrating it?ry >> we are starting to pick up steam. who knows? there is an agenda agenda. obviously, come on the show, so you get painted with a certain brush. we're just trying to help people. we are just trying to help people. i don't care if it is democrat, republican, right, left, these people need money on these videos show it. i will go on anywhere, i will literally go on anywhere. "the today show" did a very nice piece on it and helped out. this is one of those issues that i'm glad we are helping, but the fact that anybody -- there should be nobody who has, you know, anybody against it. this t is just people helping people in the truest sense.. and we are getting the $20 million, we g are close to we have had people reach out. $21 million. but why, you know, fox has been great promoting it, they have, but everybody should. because the more publicity we get, the more small businesses we can help, and expands everywhere. so i don't

barstool's dave portnoy.- robinhood, calling it one of the biggest frauds of all time. he will make his case. and dennis gartman, he says this is all far from over. he was one of the first to call about this, and he's on the show again today. straight ahead. ♪ it's the -- it's not over. ♪ this love is sofi made it so easy to pay off my student loan debt. they were able to give me a personal loan so i could pay off all of my credit cards. i got my mortgage through sofi and the whole process was so easy. ♪ express yourself ♪ ♪ ♪ express yourself ♪ ♪ wanna lose weight and be healthier? it's time yourself ♪ for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go

here's part two about what it's like to be dave portnoy. >> so you got called out, so who called youlionaire. he said if you start a fund and put 500 grand of your own money into it, i'll match it, is what he said. >> we want to help. >> and we don't have any more money >> very excited to help. >> your amazing. >> when you decide to take take action you met all of these people. whatever it takes to be successful, get out of my way, not looking for a pat on the back but just a chance. >> i'd rather work a hundred hours and no successes because of me as opposed to somebody else, ironically because the pandemic got ripped away from people. >> we are about to come on, one of the business owners that was selected and hit the criteria. >> yes. he had a moving story. >> my name is john pallotta. we are in the middle of the pandemic as you see is see is dining >> he picture of the and finer and it was empty, he was going through some personal issues and the whole story resonated. i remember the call, he was super appreciative. >> we need help right now. >> nice to meet you. and what have you

dave portnoy joins us now to explain exactly what this moment means.e this gets to the heart of what you've been doing under quarantinene and i'm wondering what lessons we can draw from this. what is happening exactly? >> you know, i've been trading heavily since quarantine started and i was shocked by this. i personally did invest in amc and nokia. those are two of the stocks that the reddit guys and the wall street bets guys were pushing. thelieved in the power of internet. when i saw what robinhood was doing, ironically robinhood's take from the rich and give to the poor even though they do the exact opposite, i was stunned. i think it's criminal. i think there has to be an investigation. i think people have to go to jail. whether that actually happens, i don't know, but i've never been more convinced about market manipulation and the people, the hedge funds controlling the i ge than today. i mean, just wake up and say, hey, you can't trade these stocks anymore. you could only sell them. we're going to intentionally crash the market in these stocks

. >>> barstool's dave portnoy raising more than $16 million. number keeps going up to help small business of stated by the pandemic. here is another example of that. >> to afford rent for my building. i haven't been able to pay my, pay my bills. i, 91 cents on every dollar that came in this year has went straight to my employees. david: that owner had a wonderful surprise from dave portnoy. he joins me next, to explain how he is paying, what he got from dave portnoy's fund, paying that forward. he will be here next. (ringing) - hey kaleb, what's up? how you doing? - hey, i'm good, guess what, i just had my 13th surgery. - really? i just had my 17th surgery. - well, you beat me. - well, i am a little bit older than you. - yeah it's true. how are you doing? - i'm doing good. i'm encouraged by seeing how people are coming together to help each other during times like these. - kind of like how shriners hospitals for children is there for us. imagine if i couldn't get my surgery. who knows what would have happened. - same for me. i know my shriners

we're joining dave portnoy joins us. a couple weeks back the fund had $3 million in it. this is to rescue small businesses. now it has over 18 million in it. portnoy gives an update short live. we're waiting on president trump. he will address the rally outside of the white house. we expect to see him around 11:00 this morning. we're there. we'll take you there when he starts speaking after this. shingles? dios mio. so much pain. maria had to do everything for me. she had these awful blisters on her back. i don't want shingles when i'm your age. actually, if you're 50 or older, you're at increased risk that's life, nothing you can do... uh, shingles can be prevented. shingles can be whaaaat? prevented. you can get vaccinated. where? at your pharmacy, your doctor's - hold on! don't want to go through that! 50 years or older? get vaccinated for shingles. now. 50some companies still have hr stuck between employeesentering data.a. changing data. more and more sensitive, personal data. and it doesn't just drag hr down. it dra

dave portnoy, thank you. >> thanks. >> tucker: so your civil rights are disappearing.ot cable news height, is actually happening. we spent the last 40 minutes telling you how. just yesterday when no one is looking, joe biden nominated someone to the justice department who will change the way civil rights laws are enforced in this country. we will tell you who she is and what is likely to ♪ you can go your own way it's time you make the rules. so join the 2 million people who have switched to xfinity mobile. you can choose from the latest phones or bring your own device and choose the amount of data that's right for you to save even more. and you'll get nationwide 5g at no extra cost. all on the most reliable network. so choose a data option that's right for you. get nationwide 5g included and save up to $300 a year on the network rated #1 in customer satisfaction. it's your wireless. your rules. only with xfinity mobile. ♪ >> tucker: civil rights apply to everyone. that's the definition. a civil right is universal. when civil rights apply only to some people, whether i

ainsley: bar stools dave portnoy calling it criminal.bin hood. i watched that whole interview like you guys did, too. he said this was a risk management decision. this was not because of outside pressure. the anchor pushed back on that because it appears to so many people that that's not the case. but what's interesting about this is this is just a revenge against wall street because you have the little guy making a lot of money now and egg. steve: rush limbaugh doesn't like that. ainsley: bent out of shape because figured out how to become millionaires too. this was struggling because of amazon. pandemic hit and people started buying games from them again. stock went up. supporting the little guy and supporting that brick and mortar entity. now stock is through the roof. on tuesday it started at 17.0 will dollars and at the end of the day $15.71. highest number more than 400. steve: yesterday. earlier this week, two days ago it was at $469 per share. it's gone up 1,000 percent recently. brian: dave portnoy goes on last night the perfect

dave portnoy, thank you. >> thanks. >> tucker: so your civil rights are disappearing. cable news height, is actually happening. we spent the last 40 minutes telling you how. just yesterday when no one is looking, joe biden nominated someone to the justice department who will change the way civil rights laws are enforced in this country. we will tell you who she is and what is likely to happen. we'll be right back. ♪ to defend against dark forces attacking your organization, you need to see in the dark. to have the wisdom to understand multiple cyber threats. the precision focus to end attacks instantly. on computers, mobile devices, servers and the cloud. join the world's leading companies in our mission to defend. cybereason. end cyber attacks. from endpoints to everywhere. ♪ >> tucker: civil rights apply to everyone. that's the definition. a civil right is universal. when civil rights apply only to some people, whether it's the people with the right politics or gender or skin color, they are not civil rights. they are meaningless, actually. many democrats no longer b

barstool's dave portnoy joining us shortly.in the sky. ♪ it's where you're going to go when you die. ♪ when you die and you're haying to rest, gonna go to the mace that's the best. ♪ ♪ stuart: at her press briefing, speaker pelosi has something to say ant the gamestop situation -- about the gamestop situation. she said the administration is going to look at the situation, and she says we'll all be reviewing it. okay, so it's on the radar for speaker pelosi. come on in, please, "wall street journal" guy dan henninger. i need your opinion here, dan. these brokerages have stepped in to stop certain kinds of trades in some of these what i'm going to call casino stocks. they have interfered in the free market. what do you think about that? do you think that's legit? >> i don't think it's particularly legit. i mean, they're upset, no doubt, because in the past when these sorts of things have happened, a lot of small investors their first instinct is to do what? it's to go back to the brokerage and say you didn't warn me that this cou

when you think back to the spring, when the whole robinhood, dave portnoy thing happened, than on theers, the buffets and everything, super cautious. you had even like with signal yesterday committee ceo saying, i hope investors are doing their due diligence because some people are going to get absolutely burned. penny stocks that fly off because it has the name or because somebody said it on a there is also means lot of speculative activity. one thing that was striking, russell 2000, that iw m russell 2000 etf gaining today, that is sort of your indication that robust growth, more fiscal stimulus, etc., is still one of the dominant themes. caroline: and time to taper? joe: your last guest, julia coronado come i think got it exactly right. it is a safe bet i think that the fed is going to be way more disciplined and way more elegant in its exit from its existing policies than last time around when it was all new. even though there is briefly a talk of taper, the market never went crazy because i think the fed, so much credibility to the market now, maybe even some misplaced words is n

i've got to tell you, you told dave portnoy you were printing out closing signs and that you had gonehe struggle and, you know, just what it means to you. >> well, i was literally looking at my computer screen, i had vista print up and designing my sign. i wanted it to be nice, but it was sad putting up the sign. i kept thinking, is this really it? because for ten months, ten months it was like we were being bombed, you know? one thing after another, one thing after another. and i wondered, was anybody in the government ever worked in a restaurant? did they know what we were going through? and just take, take, take away, take away. and i'm doing the books, and i did spread sheets night after night after night. i felt terrible that i had to go to my daughters that had been with me since the day we opened and i said, we can't make it. i knew we could not make it. the protection plan, it was not written properly. they gave you eight weeks, so i was closed. what am i going to do, pay payroll when i'm closed? did they want to come to work? i browning them all back, used half of that, and t

you talked to somebody doing something about it. >> bar stool founder, dave portnoy.>> you mentioned you got called out, you were complaining about what's happened in the city, the shutdown. we've bent the curve. who called you out? >> it was a guy, marco flimonus who i never heard of. he's like a billionaire. >> and he said do something. >> he said if you start a fund, put 500 grand of your own money into it, i'll match it is what he said. >> i want to help. >> after this table i don't have any more money. >> you have no idea how much it takes to take on a restaurant. >> very excited to help. >> oh, my god, you're absolutely amazing. >> when you decided to take action, you started meeting these people. did they remind you of yourself, grinders, whatever it takes to be successful, get out of my way, i'm not looking for a pat on the back, just a chance. >> the small business owner, entrepreneur, said i would rather work 100 hours and know success is because of me as opposed to somebody else. ironically, because of the pandemic, it got ripped away from people. >> we're

saying he hopes it will inspire others to give as well the barstool fund was created in december by dave portnoy the pandemic the fund has raised over $189 million and currently supports 74 businesses including some in the detroit area where kid rock is from. so we've heard all about that ending 20 and starting 2021 sharing as well. >> hey f we win the lotto an >>> right now at 4:30, in a dire state. icus filling up across california and doctors warning the worst is yet to come. plus -- >> we have not yet received enough vaccine to cover the very first tier of folks who are supposed to receive it. >> the vaccine rollout still far too slow. what many say needs to happen in order for more people to get those covid-19 shots. >>> and help is on the way for struggling restaurants and businesses. the extension being given for those looking to apply for assistance. "today in the bay" starts right w.

essentially, dave portnoy saying the same thing.tail, one trader says if you can sell but not buy, then who are you selling to? obviously, the big hedge funds who need to cover their shorts. it's mind bogglingingly corrupt. it's robin hood shutting down one side of a trade that is infuriating many of these people. and it's interesting that aoc may take a different view than what elizabeth warren would take, two democrats on different sides of this. warren, i think, wants to be from the government and save you, an expression that ronald reagan made famous which nobody believes, whereas aoc wants to allow the trading to continue on both the buy and the sell side. neil: you know, susan, when i look at this, no one is saying boo about those old, evil hedge fund short sellers -- [laughter] who their goal is to look at a stock, say we don't think it should be that high, we want to hammer it down. >> right. neil: did it in the past, used all sorts of various means to do just that. they're not the target of this, the average joes and jo ann

which is fascinating unto itself because there was a lot going onion line not just with dave portnoyi don't know if you saw that battle because steve cohen was supporting mervin capital and gabe plotkin there's a big plot and conspiracy theory to all of this >> portnoy is not slowing down i saw him tweeting showing that vlad was following portnoy saying, i'm still coming for you. now you can watch me do it let's get you caught up on some stocks to watch. eli lilly beating top and bottom also some strong sales in diabetes drugs we heard from the ceo just a little bit ago that stock up by 1.8%. then caterpillar reporting a stronger than expected bottom line it says it is well positioned for the future and will emerge from the pandemic as a stronger company. that stock up by 1.4%. in the meantime, take a look at the futures on this friday friday of a very volatile week a lot of ups and a whole lot of downs. this morning a whole lot of downs. dow future down by 144 points. s&p off by 144 and nasdaq off by 120. "squawk box" will be right back. e a better finance system than we do. workday

chat group users on the app can still close out positions but can't buy more adaptive blogger dave portnoy says robin hood can't just try to block online trends simply because they don't favor traditional trading there's no way to force you to add that's why things we want to get or you can just pick up and change the rules at a whim whenever you feel like it why why can a bank if i make a deposit just say that's our money now. one of. 6 her many investors who made it big on game stop and other blocks companies are furious as fuck they have a big stake in robin hood and they did the film with you know that's not right they're going to throw over the word but the c.e.o. of robin hood says he is doing his customers a favor we absolutely did not do this in the direction of the market maker or hedge fund or anyone we rally to your other market participants so we're really unprecedented. in order to protect the firm and protect our customers we have a few limit buy in these in the starts this user on twitter said this is my portfolio when robin hood decides to protect me. other investors who bu

but the founder of bar stool sports, dave portnoy, is raising money for them. >> after this, i have noe money. >> that's what we are looking for. we want to help out. >> that's unbelievable. i am speechless. >> it's going to help so much. dan: he launched the 30-day fund for small businesses impacted by covid-19. he donated $500,000 of his own money, and donations are $10 million and counting. dave, it's an honor to talk to you. you are a doer. and i have to tell you, what you have done, and the video on your social media channel are life change. what gave you the idea to do this? >> you just said the difference between doing and talking. i was talking a lot. bar stool is a small business i worked two decades building. the lockdown and corona struck around year 10 when we were on the edge, i would have lost my life's work. the businesses are playing by the governor's rules, and this felt like a death toll. the ranting and raving. and i donated the money and asked for my audience. i have been able to make it 22 rich friends on barstool. and that's how it came about. it's really positive

again, i want to be very clear we have not confirmed it dave portnoy tweeted saying the following, itratizing finance for all except when we manipulate the market because too many ordinary people are getting rich again, i want to caution that we have not confirmed that robinhood has made these moves or taken these steps do you know anything about this? >> reporter: i don't know anything about this in particular, but it would follow t.d. td ameritrade. they made a similar move they restricted trading in gamestop, amc and other stocks not too surprised that robinhood would follow suit on that front. but to dave portnoy's point, it's not going to be a popular decision but it's one that i would assume comes amid fears of potential regulation, potential scrutiny on what's been going on those platforms. >> what do you make of this? this goes to the whole idea should the companies be trying to, quote, unquote, protect the public does the public need protecting? there's a very unique issue here >> i mean, they're probably worried about protecting themselves when and if there's a piper to be p

dave portnoy on the show earlier this week when the fund had $18 million in it. much is in it now. we'll be back. >> there's people that have been coming here for years. that was taken away. it was, it would destroy us, and it would destroy the community. so to you and barstool sports, we can't thank you enough. ♪ ♪ before discovering nexium 24hr to treat her frequent heartburn, marie could only imagine enjoying freshly squeezed orange juice. now no fruit is forbidden. nexium 24hr stops acid before it starts for all-day, all-night protection. can you imagine 24 hours without heartburn? it's time you make the rules. so join the 2 million people who have switched to xfinity mobile. you can choose from the latest phones or bring your own device and choose the amount of data that's right for you to save even more. and you'll get nationwide 5g at no extra cost. all on the most reliable network. so choose a data option that's right for you. get nationwide 5g included and save up to $300 a year on the network rated #1 in customer satisfaction. it's your wireless. your r

. >> dave portnoy wants people to go to prison. >> the name of the company is robinhood, supposed toive to the poor. they did the opposite. we found out they are selling information to the hedge funds! these guys are the biggest frauds of all time. it's criminal. they belong in jail. it wasn't to protect their clients. get out of here. how stupid do they think we are questioning >> jesse, i know you've done a lot of research, and you were going to provide us wisdom about what happened, and what is going to happen next. >> jesse: you assume i've done a lot of research. [laughter] it's kind of simple. >> katie: just pretend. >> jesse: it would be like lebron james getting blown out by the worst team in the nba, and the nba stops a game and to let lebron shoot free throws until he is ahead. you can't do that. they basically rigged the stock market in broad daylight. where is joe biden? the sky was scranton. he's running against park avenue. perhaps he just cheated of everybody, and what is he doing, whistling dixie? he's writing about what we can say, call? he's fooling around on marine

here is dave portnoy talking about his community.at have put everything, their life, livelihoods, their life investments on the line. listen to this. >> barstool is a small business that i worked basically two decades building and if the lockdowns and corona struck around year 10 we were right on the edge i would have lost my life's work. restaurants, bars, small businesses were already stretched to the limit. they were already playing by the governor's rules trying to do everything they could to survive, this felt like a death blow. somebody said want you to put your money where your mouth is. they're right. i donated money. i have asked for an audience. i've done enough to make acquaintances through barstool, started shaming them on twitter to donate. pete: i love what he said if this hit me 10 years ago i would be vulnerable. he has his pulse on the business community. if he doesn't save the pizzerias how will he make the pizza reviews. there might be a little self-interest there too. will, i made number of friend i think i did it

dave portnoy tomorrow will have ♪ ♪ >> tucker: good evening, welcome to "tucker carlson tonight."er of power. another reassuring display of the awesome pageantry of constitutional government. they were solemn speeches, oaths, anthems echoing across the backdrop of troops who were guarding their capital. it was quite a display. it was a lot to take, really. like many of you, we flipped on the tube to see what it meant. here's what we learned. >> joe biden respects government. he respects people who disagree with them. he listens to them.

the barstools dave portnoy took it upon himself to save them. >> when you see the reaction of these businessbreak down, you can't ignore that. it doesn't matter who you are, you are saying

i spent time looking at plywood with dave portnoy which means i'm walking the streets of new york city million to help small businesses. 1 out of 4's out of business in new york and i had a chance to go to miami and see how a business, how a city works that's working. they are making a profit at 6% through a pandemic because they gave the people an opportunity to open responsibly. compare and contrast that. we're going to look at what's happening with think tank, as you know, the crackdown. dan bongino was going be with us. we are going to see, they are coming after, as we know, they are coming after fox next. you know that. it's not going to end there. we're going to have some fun with some great guests including this guy named karl rove. we're going to talk about the future of the republican party. as you know he blew up the republican party over the weekend. i'm going to see if i can calm him down. >> greg: you are breaking new ground by having karl rove as a guest. >> you are so jealous. he doesn't even answer your calls. >> greg: they are usually at 3:00 a.m. from a park. if they,

you look at some of the social media effects out there, from the dave portnoy effect and people out there to replace some of what they used to have looking at sports what not. it has become fun and entertaining and specifically when you're talking about micro caps you're looking at a lot of these industries are very disruptive. that is where a lot of microcaps tend to be focused right now. looking at ev, cannabis, covid plays. that is where we're seeing a lot of interest around i would argue where we're seeing some of this rally come from. charles: and to that point a lot of people think penny stocks, right? you have microcap penny stocks. a lot of these winners are changing hands at share prices well above a penny for instance. what about the fundamental value proposition here? forgetting about it is exciting it is fun. people want to know, should they be in the space for the long term? the fundamentals right now, do they bode well for this rally going on a long period of time? >> absolutely. i'm doing my best to get rid of those term penny stocks as best i can. for micro caps. you know,

dave portnoy tomorrow will have ♪ ♪ >> tucker: good evening, welcome to "tucker carlson tonight."py inauguration day. it's a big moment for the country. a changing of the guard, a peaceful transfer of power. another reassuring display of the awesome pageantry of constitutional government. they were solemn speeches, oaths, anthems echoing across the backdrop of troops who were guarding their capital. it was quite a display. it was a lot to take, really. like many of you, we flipped on the tube to see what it meant. here's what we learned. >> joe biden respects government. he respects people who disagree with them. he listens to them. >> joe biden sees the world differently. >> a new leader of hope in the action he's promising. >> we've gone from indecency to decency. >> he filled out and put the void. >> there was not one part of that wasn't just medicine in the wound. >> those lights that are shooting out from the lincoln memorial along the reflecting pool, it's almost like extensions of joe biden's arms embracing america. it was a moment where the new president came to town. >> t

. >> my winner is dave portnoy, the cofounder of barstool sports who has raised nearly $17 million foresses that have hurt. if only congress would act with such focus and speed. the loser is hilaria baldwin. she has claimed to be spanish. she's not. for in and raised in boston. she was known as hillary. the whole spanish thing fell apart to their great embarrassment last week. >> mike: leslie, winners and losers. >> winner, the first female chaplain in the house and to speaker pelosi for putting her in that position. my loser is any politician, i'm talking to you, senator marco rubio, who rolled up their sleeves when they are not older they are not a health care worker they should get in line for health care workers or the elderly. >> my winner is prime minister boris johnson of the united kingdom who got brexit done as promised and he's also having a speedy approval of vaccines which is crucial to fighting covid. my loser is california governor gavin newsom whose draconian lockdown measures have not bent the curve. they are fueling a growing challenge to his authority. >> mike: panel,

dave portnoy, the founder of barstool and my partner, he went to the university of michigan, he's gotollowing, got a big following in detroit, they've been spending time at our greek town property generating a lot of excitement -- [laughter] we invest money differently. we don't spend money advertising very much on linear tv or radio. we're contributing to the barstool fund and matching bets that go back to the local businesses in michigan. so it's really been a win/win through the first week in michigan. liz: okay. so that was a reference to draft kings. the ads appear to be everywhere, but they're also in more states than you guys. i believe they're in 12 states, you're in 2. as you said, you're going to ramp up to 10, and who will be the next that you're really kind of hoping to plug into? >> yeah. we're targeting the state of illinois as the next state up. we'll be live in illinois before march madness where there's, obviously, a tremendous amount of interest around betting on college hoops. and after illinois you're going to see, you know, roughly one state per month or every six

dave portnoy tomorrow will have part two. ♪ ♪ >> tucker: good evening, welcome to "tucker carlson tonight." happy inauguration day. it's a big moment for the country. a changing of the guard, a peaceful transfer of power. another reassuring display of the awesome pageantry of constitutional government. they were solemn speeches, oaths, anthems echoing across the backdrop of troops who were guarding their capital. it was quite a display. it was a lot to take, really. like many of you, we flipped on the tube to see what it meant. here's what we learned. >> joe biden respects government. he rs

states this year, and excited about michigan, because it is the alma mater of the barstool founder dave portnoy, and they are hangiing out in bricktown casino this weekend, and this is state two, and so we can compare how is it going so far versus how pennsylvania went, and we are off to the great start in the first 90 minutes based on the update that i got a little bit ago. >> okay. so you are launching the barstool sports app and noti-ga. i've said a lot where the real pote potential. >> well, we're working on until full integration it's not months ago, probably a week to week and a half away, we'll definitely have it live before the super bowl. >> fanduel i mentioned out of the gate in virginia how much of a disadvantage does that put you. >> it would be great to be first. we have a pretty scrappy partnership. we're usually the underbecauses. we launch a year and a half after the go live date we went quickly to number three in the market. in december we actually generated more revenue in sports betting than anyone else in pennsylvania, three months after the launch we're ready for the challe

want a bill lit more, but go back to phil's point from a second ago, i asked you, you spoken to dave portnoyelf, what is the foundation upon which all of these speculative small traders started trading in the first place? it is don't fight the fed. that was their initial source of inspiration. that is where we find ourselves today with the fed not taking any credit for the backdrop for the environment, for the trading experience that these people can have because they have been engrained with, don't fight the fed. well, guess what? they're not fighting the fed. charles: maybe only the fed can fight the fed at this point. danielle, phil, thank you both very much. >>> coming up when individual investors get out of their lane and wall street wants to change the rules. this is my thoughts coming right up. ♪. [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wid

chat group users on the app can still close out positions but can't buy more adapted by blogger dave portnoy says robin hood can't just try to block online trends simply because they don't favor traditional trading there's no way to force you to add and that's why things people have to go get or you can just pick up and change the rules at a with them whenever you feel like it like why can't a bank if i make a deposit just say that's our money now. one of. her many investors who made it big on game stop and other blocks companies are furious as fuck they have a big stake in robin hood and they get to tell him what you know that's not right they're going to follow the herd but the c.e.o. of robin hood says he is doing his customers a favor we absolutely did not do this in the direction of the market maker or hedge fund or anyone we rally to your other market participants so we're really unprecedented. in order to protect the firm and protect our customers we have a few limit buy in these in the starts this user on twitter said this is my portfolio when robin hood decides to protect me. other

shares fell 44% after the restrictions were put in place day trader and bar stool sports founder dave portnoy believes this could be the new wall street. i don't think people thought gamestop the fundamentals of gamestop on great. this is a viral trend. my point of contention and what the old guard doesn't seem to want to accept times change. you adapt or die. i invested in these starts because i know the power of the internet. the power of wall street. that's the power of you know, people coming together. the old guard doesn't want to accept that. that's part of the game. but those are the rules were all playing under until yesterday when they changed. easier and cheaper to trade now and now you have training camps like robin hood, who and others who offer no cost trading, so it's kind of turned into a bit of an amusement for quite a lot of people. and those people have made a lot of money. robin hood was facing lawsuits so it did open it. a limited bison gamestop this morning and some of the other stocks like amc and express and just about a half hour ago, it was limiting the number of shar

. >> it's interesting, not just elon, but a whole bunch of people, dave portnoy, all kinds of people,. years ago when i was covering aol, this was the same thing, short sellers all over aol taking advantage of things and didn't see the bigger trend coming. short sellers, it's not easy to defend them. at some points they actually do improve the system by pointing out bad things. that companies are doing, or manipulations and things like that. for the most part, they do feel a little like hyenas. and elon was thrilled to be able to paint them as such. and also sort of kick them in the teeth from a financial point of view. you know, he talks about this a lot in his -- he gets quite upset about the way they've treated and misunderstood what he's doing. at the same time, you know, that price of tesla is pretty high. so it's a really interesting back and forth. but in this case elon, 1 elon, 0 short sellers, or at least 10 elon, 0 short sellers. >> he's got lawmakers talking about it and it's important we start to look at things. kara, always good to see you. >>> my conversation on gamestop

awesome thing that dave portnoy and barstool is doing. awesome for you.ty to help find employment. congratulations. we wish you the best of luck. >> thank you very, very much. we appreciate the opportunity today. will: you bet. take care. nancy pelosi leading the charge of a second round of impeachment but with just days left of president trump's term is this really the right move? "the federalist" ben dominice sounds off at the top of the hour. duratrac tires. when you have rancho shocks and an integrated dual exhaust. when you have all that, the last thing you'll need... is a road. the chevy silverado trail boss. ready to off-road, right from the factory. the new sleep number 360 smart bed. what if i sleep hot? or cold? no problem, with temperature balancing you can sleep better together. don't miss our weekend special. save up to $1000 on new sleep number 360 smart beds. plus 0% interest for 48 months. ends monday. discomfort instead of using aloe, or baby wipes, or powders, try the cooling, soothing relief of preparation h, because your derriere deser

critics including dave portnoy who himself owns gamestop stock alleged the brokerage did it to protect funds and other wall street institutions hoping to profit by betting against the company. >> what if they say, look, the valuations of the stock where the price was, it wasn't sustainable? >> nobody is going to debate that the price of gamestop or any of these others were fair market valuation. everyone has skin in the game, but now when the retail guy, t e everyday j jimmy and joe, when they're winning, suddenly the rules change. >> reporter: but robinhood's ceo vlad tenev denied any foul play. saying the move was aimed at the protecting the firm and its users. >> we absolutely did not do this at the direction of any market maker or hedge fund or anyone we route to or other market participants. >> reporter: lawmakers from democrat alexandria ocasio-cortez to republican ted cruz have blasted robinhood over its gamestop trading freeze. >> i think the forces that regulate the market, whether congress, more importantly theh s.e.c. and the exchanges, need to understand these dynamics. >>

haven't done that guys like dave portnoy stepped up. the fund is now over $16 million by the way.the restaurant. you will probably get a few calls. >> i have seen that before. pete: are thank you so much. are congratulations,. >> thank you, pete, appreciate it. pete: you got it all the way. happy new year. pete: all right, still ahead. senator david perdue, jod jody , steve cortes and representative allen west. it's time for the lowest prices of the season on the sleep number 360 smart bed. you can adjust your comfort on both sides... your sleep number setting. can it help me fall asleep faster? yes, by gently warming your feet. but, can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. will it help me keep up with mom? you got this. so, you can really promise better sleep? not promise. ...prove. don't miss our new year's special the queen sleep number 360 c2 smart bed is only $899. plus, no interest until january 2024 on all smart beds.ends monday. want to sell the best burger add an emp