May 23, 2026

May, 23, 2026
May 23, 2026

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Cohen vs Portnoy: Billion Dollar Market-Makers think they are Untouchable

A real life rumble over GameStop between Wall Street and Main Street broke out Thursday between hedge fund billionaire Steve Cohen and day-trading poster boy Dave Portnoy.

The back-and-forth kicked off when Portnoy, founder of blogging site Barstool Sports, blasted Cohen, the billionaire owner of the Mets, for restrictions on trading apps like Robinhood that have hurt novice investors behind the spectacular rally in small stocks like Gamestop.

“PRISON TIME,” Portnoy said in a tweet that linked to Cohen, founder of Point72 Capital, as well as Citadel, a hedge fund run by billionaire Ken Griffin.

“Dems and Republicans haven’t agreed on 1 issue till this. That’s how blatant, illegal, unfathomable today’s events are. It also shows how untouchable @RobinhoodApp @StevenACohen2C Citadel Point72 all think they are. Fines aren’t enough. Prison or bust.”

Portnoy made the comment while linking to a news article reporting anger from legislators over Robinhood trading restrictions forbidding users from buying certain stocks, including GameStop.

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

“I don’t do offline. That’s where shady s*** happens,” Portnoy said.

He then accused Cohen of having a hand in controversial restrictions on trading apps like Robinhood that are hurting novice investors behind the spectacular rally in small stocks like Gamestop. Hedge funds have lost billions in the rally by shorting these stocks, including Cohen’s Point72, which is down a more than 10 percent.

“I think you had strong hand in todays criminal events to save hedge funds at the cost of ordinary people.  Do you unequivocally deny that?,” Portnoy said.

He cited as evidence Cohen’s recent efforts to bail out fellow hedge fund Melvin Capital Management from losses suffered by betting against stocks like GameStop, known as “shorting.”

Cohen’s Point72 Asset Management together with Griffin’s Citadel invested a combined $2.75 billion into Melvin, run by Cohen’s former protege Gabe Plotkin. Citadel also executes trade orders on behalf of Robinood.

“You bailed out Melvin cause he’s you’re boy along with Citadel,” he retorted.

Cohen defended himself saying, “What are you talking about? I unequivocally deny that accusation. I had zero to do with what happened  today…chile out.”

Portnoy continued: “Then in your professional option why was trading halted on $amc $gme $nok $sndl $nakd ? I’d be very curious?”

“Good question,” Cohen shot back. “Those questions should be directed at Robin Hood etc. I’m a trader just like your like you are . When you find out give me a holler.”

“I do think the brokers should make a statement . Seems reasonable,” he added.

The two men then seemed to make amends with Portnoy applauding Cohen for speaking up. “At least you are speaking and trying to answer. That is appreciated.”

But elsewhere the feud between Main Street and Wall Street continued to simmer with much of the outrage directed at Citadel, which is the largest purchaser of Robinhood’s order flow.

Citadel’s deal with Robinhood, which has it paying the app to execute user trades, has long led to concerns on Wall Street that this gives the hedge fund part of the business special insight into the market — something Citadel has long denied.

The company on Thursday insisted that it keeps its market-making securities business and hedge fund trading business separate — and said it had nothing to do with Robinhood’s trading restrictions, which sent shares of GameStop down 44 percent.

“Citadel Securities has not instructed or otherwise caused any brokerage firm to stop, suspend, or limit trading or otherwise refuse to do business,” the company said in a statement. 

That didn’t stop angry investors from lashing out.

“We have just witnessed Ken Griffin interfere with the markets to limit losses This was a heist. We need to investigate,” @chitriman wrote on Twitter.

“This is actually Citadel who Robinhood runs through, they are blocking [GamseStop], AMC, and the others,” a Reddit user wrote. “Robinhood is a victim of the bigger fish too.”

Dave Portnoy
CLICK HERE FOR
SOURCE

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The Father Of Lies: If We Want To Expose And Oppose Antisemitism, We Must First Understand Its Source

There seems to be absolutely no limits to the creativity used to demonize Israel and the Jewish people. What is even more concerning is the number of people who actually buy those lies as truth. It is helpful to understand the real source of all this toxic rhetoric if we want to expose and oppose antisemitism.

No Matter How Deep The Corruption Runs, Democrats Remain Eager To Defend The SPLC’s Hate Machine

Despite six counts of wire fraud, four counts of bank fraud, and one count of money laundering to finance the hate it was supposed to fight, SPLC’s wrongdoing didn’t give the Democrats a second’s pause. Instead, they launched into a passionate defense of the group that’s spent years embroiled in lawsuits, shady financial dealings, multi-million-dollar settlements for defamation, embarrassing retractions, workplace uprisings, and links to domestic terrorism in court. 

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Prophetic Pieces: As Putin Ups The Ante In The Arms Race, Russia Considers Providing Refuge To Top Iranian Leaders

Prophetic events in the end times right now are casting their shadows over the Middle East like never before. Preparations for the Gog Magog coalition prophesied in Ezekiel 38 and 39 are increasing and intensifying. Written 2,500 years ago by Ezekiel, these chapters prophesy an end-time invasion of Israel led by the nations of Russia, Iran, and Turkey. Two significant developments showcase that the prophetic pieces are falling perfectly into place.

ABC's of Salvation

Decision

UTT

FOI

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Israel My Glory

A real life rumble over GameStop between Wall Street and Main Street broke out Thursday between hedge fund billionaire Steve Cohen and day-trading poster boy Dave Portnoy.

The back-and-forth kicked off when Portnoy, founder of blogging site Barstool Sports, blasted Cohen, the billionaire owner of the Mets, for restrictions on trading apps like Robinhood that have hurt novice investors behind the spectacular rally in small stocks like Gamestop.

“PRISON TIME,” Portnoy said in a tweet that linked to Cohen, founder of Point72 Capital, as well as Citadel, a hedge fund run by billionaire Ken Griffin.

“Dems and Republicans haven’t agreed on 1 issue till this. That’s how blatant, illegal, unfathomable today’s events are. It also shows how untouchable @RobinhoodApp @StevenACohen2C Citadel Point72 all think they are. Fines aren’t enough. Prison or bust.”

Portnoy made the comment while linking to a news article reporting anger from legislators over Robinhood trading restrictions forbidding users from buying certain stocks, including GameStop.

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

“I don’t do offline. That’s where shady s*** happens,” Portnoy said.

He then accused Cohen of having a hand in controversial restrictions on trading apps like Robinhood that are hurting novice investors behind the spectacular rally in small stocks like Gamestop. Hedge funds have lost billions in the rally by shorting these stocks, including Cohen’s Point72, which is down a more than 10 percent.

“I think you had strong hand in todays criminal events to save hedge funds at the cost of ordinary people.  Do you unequivocally deny that?,” Portnoy said.

He cited as evidence Cohen’s recent efforts to bail out fellow hedge fund Melvin Capital Management from losses suffered by betting against stocks like GameStop, known as “shorting.”

Cohen’s Point72 Asset Management together with Griffin’s Citadel invested a combined $2.75 billion into Melvin, run by Cohen’s former protege Gabe Plotkin. Citadel also executes trade orders on behalf of Robinood.

“You bailed out Melvin cause he’s you’re boy along with Citadel,” he retorted.

Cohen defended himself saying, “What are you talking about? I unequivocally deny that accusation. I had zero to do with what happened  today…chile out.”

Portnoy continued: “Then in your professional option why was trading halted on $amc $gme $nok $sndl $nakd ? I’d be very curious?”

“Good question,” Cohen shot back. “Those questions should be directed at Robin Hood etc. I’m a trader just like your like you are . When you find out give me a holler.”

“I do think the brokers should make a statement . Seems reasonable,” he added.

The two men then seemed to make amends with Portnoy applauding Cohen for speaking up. “At least you are speaking and trying to answer. That is appreciated.”

But elsewhere the feud between Main Street and Wall Street continued to simmer with much of the outrage directed at Citadel, which is the largest purchaser of Robinhood’s order flow.

Citadel’s deal with Robinhood, which has it paying the app to execute user trades, has long led to concerns on Wall Street that this gives the hedge fund part of the business special insight into the market — something Citadel has long denied.

The company on Thursday insisted that it keeps its market-making securities business and hedge fund trading business separate — and said it had nothing to do with Robinhood’s trading restrictions, which sent shares of GameStop down 44 percent.

“Citadel Securities has not instructed or otherwise caused any brokerage firm to stop, suspend, or limit trading or otherwise refuse to do business,” the company said in a statement. 

That didn’t stop angry investors from lashing out.

“We have just witnessed Ken Griffin interfere with the markets to limit losses This was a heist. We need to investigate,” @chitriman wrote on Twitter.

“This is actually Citadel who Robinhood runs through, they are blocking [GamseStop], AMC, and the others,” a Reddit user wrote. “Robinhood is a victim of the bigger fish too.”

Dave Portnoy
CLICK HERE FOR
SOURCE

Trusted Analysis From A Biblical Worldview

Help reach the lost and equip the church with the living and active truth of God's Word in our world today.

YOU CARE ABOUT

BIBLICAL TRUTH. SO DO WE.

 

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Of News Events Around The World.

The Father Of Lies: If We Want To Expose And Oppose Antisemitism, We Must First Understand Its Source

There seems to be absolutely no limits to the creativity used to demonize Israel and the Jewish people. What is even more concerning is the number of people who actually buy those lies as truth. It is helpful to understand the real source of all this toxic rhetoric if we want to expose and oppose antisemitism.

No Matter How Deep The Corruption Runs, Democrats Remain Eager To Defend The SPLC’s Hate Machine

Despite six counts of wire fraud, four counts of bank fraud, and one count of money laundering to finance the hate it was supposed to fight, SPLC’s wrongdoing didn’t give the Democrats a second’s pause. Instead, they launched into a passionate defense of the group that’s spent years embroiled in lawsuits, shady financial dealings, multi-million-dollar settlements for defamation, embarrassing retractions, workplace uprisings, and links to domestic terrorism in court. 

untitled artwork 6391

Prophetic Pieces: As Putin Ups The Ante In The Arms Race, Russia Considers Providing Refuge To Top Iranian Leaders

Prophetic events in the end times right now are casting their shadows over the Middle East like never before. Preparations for the Gog Magog coalition prophesied in Ezekiel 38 and 39 are increasing and intensifying. Written 2,500 years ago by Ezekiel, these chapters prophesy an end-time invasion of Israel led by the nations of Russia, Iran, and Turkey. Two significant developments showcase that the prophetic pieces are falling perfectly into place.

ABC's of Salvation

TV AD

worldview matters

Decision Magazine V AD

Decision

Jan Markell

Israel My Glory

Erick Stakelbeck

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YOU CARE ABOUT

BIBLICAL TRUTH.

SO DO WE.

Together, We Can Deliver A Biblical Understanding Of News Events Around The World And Equip The Church To Stand With A Biblical Worldview.

untitled artwork

Israel My Glory

YOU CARE ABOUT

BIBLICAL TRUTH.

SO DO WE.

 

Together, We Can Deliver A Biblical Understanding Of News Events Around The World And Equip The Church To Stand With A Biblical Worldview.