AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
E19: Breaking down Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?
All-In with Chamath, Jason, Sacks & Friedberg
Game Stop Calls Hit en All Time High, and Now That's What Happened in the Market
The stock was at 35 50 on january nineteenth. Then over the next two days, game stop calls hit en all time high and it runs a two day rally of almost 70%. And this is what really starts what's called a gam a squeeze, ok? The squeeze keeps happening, and then it starts to spill over to the rest of the market. Now that's been reversed to day. There are questions as to whether or not this was mandated by the platforms or the regulators. Given the fact that it didn't impact all the brokerage accounts, it was a platform level decision. Some organizations, like robin hood, banned it, some organizations did not. It could be that some
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode