2023
At a Financial Services Committee meeting that was supposed to be about new rule proposals, GameStop is once again brought up for seemingly no reason.
At a Financial Services Committee meeting that was supposed to be about new rule proposals, GameStop is once again brought up for seemingly no reason.

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…
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Ryan Cohen is elected as CEO of GameStop. It is also worth noting he will get ZERO ($0) compensation. He is literally working for free.
Ryan Cohen is elected as CEO of GameStop. It is also worth noting he will get ZERO (alt=

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.

Forget GameStop: Just one of MANY stories published immediately after the announcement of new CEO Ryan Cohen.
Forget GameStop: Just one of MANY stories published immediately after the announcement of new CEO Ryan Cohen.

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?

Forget GameStop: New articles are published telling readers “Do Not Buy GameStop”.
Forget GameStop: New articles are published telling readers “Do Not Buy GameStop”.

This happens soon after Ryan Cohen is appointed as new CEO and the stock price drops dramatically on seemingly no news.

A household investor posts his own mini timeline of congressional hearing events related to GameStop. Click for discussion.
A household investor posts his own mini timeline of congressional hearing events related to GameStop. Click for discussion.

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.

At a Congress hearing specifically related to GameStop that happened in 2021, it is now determined Congress was not fully informed as to how many brokers froze GameStop stock.
At a Congress hearing specifically related to GameStop that happened in 2021, it is now determined Congress was not fully informed as to how many brokers froze GameStop stock.

Based on this discovery, it is speculated the SEC may have mislead Congress either intentionally or unintentionally,

An independent researcher makes a compelling argument demonstrating that a popular stock broker was in fact NOT connected to the stock market.
An independent researcher makes a compelling argument demonstrating that a popular stock broker was in fact NOT connected to the stock market.

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.