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“#White House will examine GameStop stock trading” President Biden’s top economic adviser said the administration will take a look at the legal questions surrounding the roller-coaster ride GameStop took last week as small-dollar traders squared off against well-heeled hedge fund managers, sending its stock soaring to astronomical levels. “I could tell you the SEC is…
“#Redditors buy Times Square billboard as GameStop stock saga rages” Defiant amateur investors on Reddit say they are not backing down on their investments in GameStop — and even took out billboards in Times Square and across the country urging the faithful to continue holding the line. “$GME GO BRRR,” blared a digital ad on…
“#Robinhood posts help wanted ad for lobbyist” Good news, job seekers! One of the most vilified companies in America at the moment is hiring a lobbyist. Trading app Robinhood posted a listing for a manager of federal affairs position to a variety of job sites on Friday, giving some lucky applicant a chance to promote…
“#Short-seller Andrew Left says his firm will drop the practice” As the craziest short squeeze in stock market history rages on, one of the most outspoken voices in the short-selling world is throwing in the towel. Andrew Left, founder and CEO of Citron, announced via a video on social media that after 20 years his…
“#Rush Limbaugh compares Robinhood’s GameStop freeze to politics” Rush Limbaugh compared Robinhood’s freeze in the GameStop stock frenzy to the political elites undermining former President Donald Trump’s populist policies. “Folks, it’s not just political now,” the conservative radio show host said Thursday. “The elites are bent out of shape that a bunch of average, ordinary…
“# Hundreds of thousands watch as AOC takes on Robinhood on Twitch ” Hundreds of thousands tuned in to a Twitch stream today as U.S. congresswoman Alexandra Ocasio-Cortez discussed Robinhood’s controversial decision to suspend trading in GameStop after the short squeeze engineered by r/WallStreetBets. Hours earlier, Ocasio-Cortez, who sits on the House Financial Services Committee,…
“#Jon Stewart joins Twitter to defend Reddit GameStop traders” Jon Stewart was prompted to join Twitter on Thursday to defend the renegade Reddit traders who turned Wall Street upside down this week. The former “Daily Show” host hit back at critics of the rogue day traders who used WallStreetBets to send GameStop’s stock skyrocketing in defiance…
“#Robinhood to allow ‘limited buys’ of GameStop shares after freeze” Robinhood on Friday will again “allow limited buys” of shares in GameStop and other companies boosted by market-roiling Reddit users, according to the stock trading app’s co-founder. Vladimir Tenev tweeted the update Thursday afternoon, hours after Robinhood froze purchases of shares in the companies during…
“# Altcoins soar after 10% Bitcoin price breakout flips $33K back to support ” Bitcoin (BTC) price appears to have flipped the $32,000 level back to support as the wider cryptocurrency market saw renewed optimism on Jan. 28. Data from Cointelegraph Markets and TradingView shows that BTC has steadily climbed higher in price from $31,000…
“#Dave Portnoy of Barstool Sports loves GameStop stock chaos” Barstool Sports founder Dave Portnoy is cheering on the Reddit-fueled GameStop chaos rocking the stock market. “I love it,” he told The Post late Wednesday, before a wild day on Wall Street Thursday caused by the GameStop affair. “All the people complaining are just the establishment….