Robinhood says it will allow limited trading of GameStop and other stocks it was forced to freeze its users from buying yesterday. Robinhood traders and a wide range of lawmakers are outraged, but should they be? Public co-CEO Jannick Malling and WallStreetBets founder Jaime Rogozinski join Stephanie Ruhle to react. Aired on 01/29/2021.
» Subscribe to MSNBC:
MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, Meet the Press Daily, The Beat with Ari Melber, Deadline: White House with Nicolle Wallace, Hardball, All In, Last Word, 11th Hour, and more.
Connect with MSNBC Online
Visit msnbc.com:
Subscribe to MSNBC Newsletter:
Find MSNBC on Facebook:
Follow MSNBC on Twitter:
Follow MSNBC on Instagram:
#GameStop #Robinhood #MSNBC
Lawmakers, Investors Accuse Trading Platforms Of Manipulating Market | Stephanie Ruhle | MSNBC
billionaires interrupted, I love it
Isnt the market “manipulated” by someone else all the time?
Isn’t the majority of liberal males BISEXUAL and or HOMOSEXUAL?
https://youtu.be/JqKF1Uzg8GE
@William H Hey there bigot Willy! Keep on whining little Karen! Enjoying your new daddy?
Not by disallowing buying and allowing selling.
@Swope isnt that manipulating the market?
@Moist Peanut yes, in a way that’s afoul of criminal statutes.
Class action lawsuits incoming, Vlad
They are exposed finally
And when asked a billionaire said, “Honestly, we did it to protect ourselves”. Can we eat the rich yet?
Start eating with Nancy Pelosi and CON-MAN Bernie 😀
https://youtu.be/JqKF1Uzg8GE
Why are you cannibal
I don’t think the commenters know where that phrase comes from. But I’m with you.
@Goldenskel 1 It’s a troll.
These are some of it’s other accounts.
William H, William H Music, William H Music 2020, The Tweatles, Timmy Truth and probably others.
It gets paid when you respond directly.
Right Wee Willy Wanker ?
@Reg U Nah I was talking about the OP
This is BS. The force stop allowed other hedge funds to make moves and executives to dump stock. This was a protection of Wallstreet not Main Street
The entire government is built to protect Wall Street and the wealthy and screw over main street. it’s the way it’s always been! Any time the common person starts to get ahead the rich step down and crush us.
And the lie is revealed because it was only a stop of buying, not of trading on the stock overall. They think people are fools. If all people can do is sell the stock is guaranteed to crater. Benefiting who? Hmmm. Maybe firms caught on the wrong end of a short…
Filthy liars.
What are you gonna do about it tho? Lol
When the small guys make it it’s termed “manipulation”, but when it’s the privileged and large corporations, it’s called “strategy”. I get it. I really get it now.
If you win at war you are called a “General” but if you lose, you are called a terrorist.
i’ve watched 5 videos on how “short stocks” work, and i feel more stupid than when i knew nothing.
Have you looked into Naked Shorting yet? Best to strap your head in, its going to fly off. Its illegal, but loopholes in the system allow it to happen anyway.
@Ganiscol found this vid that makes the most sense , also covers the naked stuff https://www.youtube.com/watch?v=U0XyjO-dnOU
This was absolutely them trying to screw over the little guys, and they’re still doing it. If they had the issues they were claiming they would have halted all trading. Instead they only prevented buys, and are still limiting average people from buying more than 5 shares. You could still sell your shares yesterday, and can sell thousands today if you have them. It’s blatant market manipulation, and you should be reporting it as such.
They sucked 70% of the stock value yesterday on purpose with the restrictions. Reloaded in the afterhours and gained another 70% this morning. This will be a lesson to many first time traders. Panic selling and then jumping back on after you missed it only puts you at more risk. I do feel bad for the people who sold yesterday.
The free market is an illusion.
When your economic system is based on the direction the wind is blowing…
If they really wanted to be fair they would have frozen buying and selling, not just buying.
Fair would be to not interfere at all. Wall Street traders who ‘short’ stocks affectively profit of the destruction of a company, killing thousands of jobs. They bet on the destruction of Game Stop and lost, and there’s nothing unfair about it.
@camendiv Granted. But what they did do was ensure downward pressure which allowed them to sell the investor’s stock without even bothering with a margin call. You can’t buy. You’re still not selling? Don’t worry, we will do it for you. And then overnight the hedge funds bought back stock to cover their positions where the ordinary guy couldn’t play regardless of the brokerage. Showing exactly how rigged the game is.
@David Halsey Hiller That’s why I said fair would be to just let the amateur investors keep buying stock if they wanted.
How often do they restrict big money transactions?
Robinhood automatically closed some people’s positions without their permission or even their knowledge until the stocks had been sold. That is blatantly out of order. They pushed people out of the market. But the rich didn’t get their accounts locked and we’re still able to trade freely. Disgusting actions at play here
Rich coming up with anything and everything to protect their own arses. Plain and simple
When the rich cry, the working people smiles.
When the poor try to achieve, it’s a crime; but when the elite do the same thing, it’s welcomed. Capitalism in America is falling apart.
Lesson: 99% is greater that 1%, and they can’t stand it.
That is 100% true. If we want a better world and environment collectively we can do it
When the small guys make it it’s termed “manipulation”, but when it’s the privileged and large corporations, it’s called “strategy”. I get it. I really get it now.