GameStop Update | Robinhood Lawsuit | GameStop Trading Restrictions

Published on May 17, 2021

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0:00 GameStop and Robinhood Update
2:33 GME After Hours Trading
4:55 Robinhood & Interactive Brokers Halts Trading
7:56 Politicians React
11:40 Claim Robinhood colluded with Wall Street
15:25 Interactive Brokers Explanation
17:30 Robinhood Explanation & $1 Billion Capital Infusion
19:15 Robinhood Conspiracy Theory
22:26 The Story of Piggly Wiggly
26:00 Robinhood Class Action Lawsuit
28.35 Why Robinhood Lawsuit will Fail
33:45 Robinhood vs. Tesla

Robinhood and Interactive Brokers halted trading on GameStop stock yesterday. Robinhood prohibited traders from buying GME, AMC and other stocks, while still allowing sales. The reaction from wallstreetbets, politicians and market watchers was immediate. The issue quickly become one of small retailer investors versus hedge funds and wall street. A class action has already been filed against Robinhood alleging that it intentionally manipulated the market to benefit financial institutions.

In this video, we’ll look at while Robinhood and Interactive Brokers halted trades of GameStop and other stocks. We’ll also look at what some say are sinister motives. We’ll cover why the Robinhood lawsuit will likely fail. We’ll also look at why Tesla and GameStop’s stock prices are divorced from fundamentals, yet both companies are fundamentally different.

What do you think will happen with GameStop stock today? Will lawsuits against Robinhood be successful?

#GameStop #GME #Robinhood

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I’m the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I’m also the author of Retire Before Mom and Dad–The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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Did Fidelity Restrict Gamestop

Did Fidelity Restrict Gamestop, GameStop Update | Robinhood Lawsuit | GameStop Trading Restrictions.

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