This meeting has absolutely NOTHING to do with GameStop. It is supposed to be about proposed rules for a fairer market. What could possibly be the reason for arguing against those rules and even go so far as to mention GameStop? As far as the thousands of media articles and…
Read More
As one reddit user put it “The same Ryan Cohen that took on Amazon and won”. This could be a reference of how Ryan Cohen started Chewy.com and cornered the market as Chewy.com CEO.
This begs the question for many, “Why so mad?”. If GameStop is failing, if GameStop is doomed to fail, if GameStop investors are going to lose all their money, why do so many people care? Why do so many people get angry? Why so serious?
This happens soon after Ryan Cohen is appointed as new CEO and the stock price drops dramatically on seemingly no news.
Investor ringingbells posts the following Congress was NOT informed during the Congressional GameStop Hearings focusing on the Multi-Broker GME Buy Freeze. This is the tip of the ice-burg.
Based on this discovery, it is speculated the SEC may have mislead Congress either intentionally or unintentionally,
This would mean rather than looking for best price for their customers by trading in the public stock market, they were doing their customer’s trades privately in order to get better prices for themselves and partners.