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Bankers Melting Down Over Reddit GameStop Scheme

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Rich men are crying again, this time over being outwitted by Reddit. Ana Kasparian and Wosny Lambre discuss on The Young Turks. Support TYT by becoming a member: http://tyt.com/join

Read more HERE: https://www.vice.com/en/article/m7ak7y/robinhood-stops-users-from-trading-gamestop-stocks-other-reddit-yolo-picks

"Robinhood, the fee-free investment app that has helped Redditors and other retail investors pump dark horse stocks like GameStop, AMC, BlackBerry, and Nokia, has stopped allowing users to buy those stocks and other YOLO picks.

According to screenshots shared on social media, on Thursday morning a notification appeared on Robinhood telling users that they could close their position on GameStop's stock but not buy any additional shares. Redditors are currently panicking, looking for ways to transfer their shares of GameStop off of Robinhood to other platforms, and are generally furious at the platform."*

Hosts: Ana Kasparian, Wosny Lambre

Cast: Ana Kasparian, Wosny Lambre

***

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210128__TA01RichManBabies
Category
Europe
Tags
210128__TA01RichManBabies, News, Politics
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