Dave Portnoy Goes Nuclear On Robinhood After the App Shuts Down Trading to Protect the Elite

Dave Portnoy

Barstool Sports President Dave Portnoy has been monitoring the situation with the stock market like much of the world has and judging by his Twitter account, he’s absolutely furious with the trading app Robinhood, which has now prohibited the trading of certain stocks in order to protect the elite.

It began early on Thursday morning when Portnoy noticed the internet was abuzz with complaints that AMC and Nokia were no longer tradable on the Robinhood app.

This quickly turned to anger and when Portnoy gets angry, Portnoy sets a goal. This goal revolved around making Robinhood pay for its blatant market manipulation and screwing over the regular guy.

Portnoy continued his verbal assault on Robinhood and even calling for the jailing of those in charge.

“And it turns out @RobinhoodApp is the biggest frauds of them all,” tweeted Portnoy. “‘Democratizing finance for all” except when we manipulate the market cause too many ordinary people are getting rich.”

Portnoy then called out Robinhood’s co-founder directly.

The Barstool Presidente then made some predictions.

To give you just how much insight as to how much Portnoy’s word means, CNBC featured his bashing of Robinhood as a breaking story.

During a live broadcast that had over 22,000 viewers, Portnoy declared that he was going to sue Robinhood but offered no timeframe as to when he was going to do that. He also made it clear that those taking part in the stock market revolt should hold for as long as they should.

“Hold. Be calm. Hold. Be calm. Hold. Be calm,” he repeated.

The unprecedented revolt that is currently happening on the stock market has taken the country by storm. A bipartisan agreement seems to have been reached on the matter, with voters on both sides of the aisle agreeing that this storming of the market my regular people to screw over hedge fund managers attempting to force manipulation of the market to protect their own money to be, not just a good thing, but the right thing to do.

Portnoy appears to be positioning himself as a figurehead of this revolt.