Dave Portnoy Beefing with Mets Owner Steve Cohen Over Robinhood Stoppage

SGKing

4 years ago

Portnoy versus Cohen is something to watch. The Stock market is going bananas today, and it all started on Reddit. A group of reddit users were pumping up stocks so much, that it’s been raising a ton of questions on what is legitimate trading. Robinhood Markets and Interactive Brokers joined a growing group of firms blocking the trading of stocks that have run up rapidly the last week due to the splurge on certain stocks. Shares of GameStop and AMC plunged more than 40% after the stoppage.

Dave Portnoy, the founder of Barstool Sports, is a bit of trader himself, and wasn’t happy about Robinhood’s stoppage. He even got into a major twitter beef with New York Mets owner Steve Cohen.

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Portnoy has been active all day on Twitter, posting several of his rants:

Emergency Press Conference – Everybody On Wall Street Who Had A Hand In Today’s Crime Needs To Go To Prison pic.twitter.com/aKr8aPbB3Z

— Dave Portnoy (@stoolpresidente) January 28, 2021

Have you ever seen me hold a grudge? You think I’m worried about losing $2 million? #DDTG pic.twitter.com/aRNeYbTWoi

— Dave Portnoy (@stoolpresidente) January 28, 2021

Adapt or die #DDTG pic.twitter.com/6Dl4DR2Mc6

— Dave Portnoy (@stoolpresidente) January 28, 2021

Also the concept that @RobinhoodApp did this willingly and would willingly implode their own company is crazy talk. Somebody made them. Connecting the dots seems pretty straight forward

— Dave Portnoy (@stoolpresidente) January 28, 2021

Then he threw in the Mets owner’s name into the mix.

Check out all the tweets below:

Hey Dave , What’s your beef with me. I’m just trying to make a living just like you.Happy to take this offline

— Steven Cohen (@StevenACohen2) January 28, 2021

What are you talking about? I unequivocally deny that accusation. I had zero to do with what happened today Btw, If I want to make an additional investment with somebody that is my right if it’s in the best interest of my investors Chill out

— Steven Cohen (@StevenACohen2) January 28, 2021

But you couldn’t buy anything period. They forced the price to crash so hedgefunds could cover their shorts. There will need to be a full investigation into the events of today. Phone records, surveillance, the works. https://t.co/AGlTx6UwI6

— Dave Portnoy (@stoolpresidente) January 28, 2021

At least you are speaking and trying to answer. That is appreciated. https://t.co/AGlTx6UwI6

— Dave Portnoy (@stoolpresidente) January 28, 2021

See , two reasonable people talking . Not so bad

— Steven Cohen (@StevenACohen2) January 28, 2021

We agree on that. And I want lie detectors everywhere. https://t.co/1xy9EEUn45

— Dave Portnoy (@stoolpresidente) January 28, 2021

Then in your professional option why was trading halted on $amc $gme $nok $sndl $nakd ? I’d be very curious? https://t.co/oIcyVjEkmf

— Dave Portnoy (@stoolpresidente) January 28, 2021

And the Mets fans hated Wilpon 😂 https://t.co/2PhHGh8lP4

— Dave Portnoy (@stoolpresidente) January 28, 2021

By the way I don’t believe @StevenACohen2 at all. But I have no way to prove anything. But in my experience where there is smoke there is usually fire.

— Dave Portnoy (@stoolpresidente) January 28, 2021

pic.twitter.com/2hSc2rwp8L

— Dave Portnoy (@stoolpresidente) January 28, 2021

Even some famous names chimed in:

You’re arguing with a lunatic, Steve. Just do what everybody else does with this dimbulb – block Portnoy.

— Keith Olbermann (@KeithOlbermann) January 28, 2021

Just when you thought things would normalize when Trump left the office.

Portnoy seems to really enjoy the stock market more than sports these days, which is ironic, because if not for sports, he’d have no money to even put into the markets.

Twitter beefs are always fun to watch.

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