Highlights from the GameStop, Robinhood hearing so far



CNBC’s Kate Rooney reports on highlights from the House Committee on Financial Services hearing about the GameStop trading frenzy in late January 2021. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/

#CNBC
#CNBCTV

Source

Categories N4G

40 thoughts on “Highlights from the GameStop, Robinhood hearing so far”

  1. These people are not lawmakers they are the "buffer class" the guard dogs for the wealth of the 1%. If only taxpaying citizens lost money there would be no "hearing". When was the last time you ever seen Congress get involved when WE lost money in the stock market????

    Reply
  2. Politician "its a yes or no question, can you just answer yes or no you have 2 minutes"

    Businessman "Well thank you for that question, quite a wonderful question if i may say so myself, and thank you for allowing me to be here. I understand 2 minutes is not a long time to answer yes or no so i will try to be as brief and concise as i can.

    After close scrutiny and rigourous thought i must simply say that upon reflection and with recognition that the question needs a quick and prompt response, a response that is forthcoming momentarily without delay in order to gaige the full facts and provide an answer backed up by evidence and intrinsically linked to the proposed question at hand…"

    Politician :"Your time is up"

    Businessman (thinking) : "Nailed it"

    Reply
  3. "About 2.1 million GameStop shares failed-to-deliver on Jan. 26 before falling to 138,179 on Jan. 29, the day after Robinhood and other brokerages began restricting trading in so-called meme stocks." – Bloomberg.

    Reply
  4. The real problem is you do not own your stocks if they are not held in your own name. None of this fraud could take place if your broker didnt own your stock in their name! Not your name, not your assets!

    Reply
  5. When will we know what the shorts did when they missed their targets at expiry? GME squeezed but AMC only went down. Were they forgivin their debt/losses? Did they double down? Were they even still holding by the time AMC started being targeted?

    Reply
  6. Great video ✅From a technical point of view, the RSI looks promising in favor of the bulls, as the daily RSI is at the bullish territory above 50 (after reversing earlier today). At the same time, the Stochastic RSI oscillator is about to make a bullish crossover at the oversold area. In case this happens, it might assist the market in reaching higher highs. Lots of investors will do so well in the next bull market but you shouldn't be of the mindset to only Hodl, which i see as an odd and old method to make profit because it can be very dangerous when the markets retracts. As hard as it is ƚradıภg Cryptos, it sure is way more lucrative and its' quite logical if you just learn & pay attention to what's going on, I’m not a pro ƚгadēг but I was lucky enough to make 120k usd Bitcon worth since late year following the instruct|ons and sιǫnals from results, Mr Carlos. He has a trading community where you can meet other investors as yourself and to learn how ƚradıภg crypto works, helping them utilize the volatility of the crypto market to make profits daily. You can easily get to him 𝚠нαтαѕαρρ+19715122836 and Instagram @carlos_andrewfx

    Reply

Leave a Comment