GameStop Was Nothing Compared to What’s Coming for Wall Street
ฝัง
- เผยแพร่เมื่อ 20 มิ.ย. 2021
- With apps like Robinhood erasing the barrier to investing, and communities on Reddit, TikTok and Discord making information more available than ever, a new generation of investors and #finfluencers are moving markets like never before-and they don’t intend to stop anytime soon.
#Stonks #SystemShock #BloombergQuicktake
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“Reddit is not just ignorant people talking to other ignorant people.”
No, that’s Twitter…
lol true tho
Lol
That's life.
Tbh, that's both.
actually, it's both, I would even say that reddit is worse because of the way to common bans and the hive mind mentality
The best performing assests in 2021 are:
- A failing video game retail store with 5 years of declining sales
- A movie theater chain close to bankruptcy
- A dog-themed cryptocurrency whose performance is guided by the tweets of a egomaniacal celebrity billionaire
You forgot the rest. The stocks that traded in the shadows😏😏.
Coked up everything...
Won't end well for anybody.
And people will wanna giggle, but they'll be too busy living in their car or tent or cardboard boxes.
I agree on the other 2 but, "A failing video game retail store with 5 years of declining sales"? 🤣 This statement won't age well.
“Options are just like shopping”…that’s a wonderful recipe for a nightmare…
xd
I mean, she's not wrong... You likely won't make a profit going shopping either
Ok boomer
"Weekly expiry days are like Black Friday." SMH.
If she is wrong her subscribes will leave her, but she has more now hahaha. So she wins
This plays like a Robinhood advertisement...
Lol the same people who stopped us from trading more gamestop
6 minutes in, still waiting for the ad to end..
Imagine being scammed by a company by stopping trade for users, making lots of users mad but they still stick to the same broker, that's advanced retardation
@Pínned by.Blóomberg Quícktake KEKW
@Pínned by.Blóomberg Quícktake make it stopppp
Robinhood fuuuuked up when they stopped traders from buying shares of AMC, GME, etc.
Thing is they had legitimate reasons to do so (liquidity problems due to high volume and high volatility) which they didn't disclose though. They do have conflict of interest to some degree too but that seems to be blown out of proportion
Even with DOGE they did it, they will do it again.. transfer out of this garbage app asap, Tenev himself even sold 7m of his own shares on Robinhoods IPO day lol
Robinhood is another corrupted company thats all
@@tomlxyz Nope that is BS benefitted nobody but the people betting against retail traders.
they'll never get my business. and I'll do everything I can to get people off of their app.
Why do recent Bloomberg videos seem like paid ads for some companies.
Was thinking the same thing. All they need is for Linus to chime in with one of his smooth transitions... "and this video is brought to you by Robinhood..."
Take a wild guess.
it's called "Native Advertising"
I imagine this was funded by the hedge funds that bankroll robinhood.
Because they are
Vlad and Robinhood is a joke, most traders have abandoned them.
👍 👍 👍 👍
MANY people have. Most people haven't, unfortunately.
Of my little group of investors, I'm the ONLY one who jumped from Robinhood to Webull. Everyone else stayed.
@@romanbaure you need to look for a different group of investors.
What are the alternatives to Robinhood
Amen
You lost me when you started praising robinhood after what they did with gamespot, which was illegal.
No it wasn’t. It exposed the market to people who normally wouldn’t trade.
You mean how they didn't allow the stock to be traded? That was because they lacked capital.
That wasn't illegal at all.
They are the first ones, but unfortunately they sold out. I wish they would of point out that Robin hood destroy the trust their consumers had in them
@@ishtar0077 Had they not prevented more buying they could have been looking at bankruptcy instead.
"...was nothing"
Bold chat, Bloomberg. Bold.
Bloomberg packaging a robinhood Ad as journalism is absolutely shameless
Average of only $240 per account doesn’t really feel like something I‘d put into an advertisement haha
Thats not a short squeeze. You state its when the stock rises and the short has to pay more to buy it back again. A short squeeze is where there are too many short positions and not enough liquidity in the market. The the shorts basically compete with each other to buy back the stock from the limited sellers which forces the price up.
Almost as if Bloombergs has no interest in being accurate
They had to simplify the explanation for the sake of the video. Totally understandable.
@@ev.c6 Not really. There's a massive difference between a short squeeze and just being an idiot and shorting the wrong stock.
Ah, that's the piece that was missing!! I couldn't see a "squeeze" but I get it now, Thanks!!
Nope lol. Try again
Ah yes, buy high sell low, I know it all too well.
Facts
Excuse me, that's secret.
No no. Buy low, sell low
My personal technique is buy low sell lower
@@Zoinkfwip u will be a billionaire by Christmas
The Robinhood that froze Gamestop trading on its platform so hedge fund could liquidate?
turns out they didn't liquidate, sooooooooo there's that
Not even close. Google Robinhood clearing house. The hedge fund had nothing to do with it.
There were two main reasons why they couldn't continue allowing it to trade. They didn't suddenly have billions in cash so couldn't clear with the CH nor could they create the covered calls required.
@@jonosimpson3379 Agreed. The clearing house has to take the opposite position by LAW. The Robinhood trade positions were so one-sided that it created a $3 billion liability for the clearing house and Robinhood. Robinhood negotiated the liability down to $700 million (their market CAP) and agreed to freeze trading. Sh*t happens when your platform doesn't have the assets to back up it's customer trading positions and the customers would declare bankruptcy rather than settle a heavy trading loss. It was a "boxing way out of their weight-class" moment for Robinhood.
@@jonosimpson3379 this was found to be false. In the Senate investigation it was found that both Robinhood and the CH had the funds to continue the trading.
What I think is hilarious is how there acting like the Tik Tok people are giving great advice 😂
They're
It’s also a great representation to the concept.
@@kingpiccolo3821 So did your $100 portfolio gain those 10 bucks yet?
That's why Michael burry was talking about greatest speculative bubble 1920s all again 😂😂😂
Even the scam bots are out
What bothers me is that there’s so many people starting YT channels, Tik Tok accounts and posing like they’re a professional
Influencers selling you the dream of the idea that you can get rich quickly? That would never happen!!! 😜
"Options are just like shopping"
Not even going to say anything else
Hey do you trade options, Ankit?
Thank you to the millions of smooth brains for their gracious donations to hedge funds…
A man who quotes Benjamin. He is the greatest unknown youtube trader, and his humor is unmatched. Yolo some far otm spy puts that expire in a day. Then back to Wendy's.
Options are just like shopping
Yeaaaah, sounds legit
Wait, shares don't have an expiration date?
It’s the NEW shopping
well it is a shopping after all
oh stop it, the total dollar amount of money retail has in the markets compared to institutions is a drop in the ocean, many people with $1000 each is < than a few people with $1B each
LOL they taking the meme so seriously is hilarious
$$$ is funny
People- Looses all their money
Also them- Smashes keyboard
Wait you have money to pay for that
Bro exactly
Also where's the interviews with the tens of thousands of bagholders with little to no hope of ever recouping their money? Lol.
I bag held BB lol. Sold at $17 recently.
Nah, when the GME short positions have been closed share prices will normalize.
GME has 0 debt and 1.5B cash in hand. With a strong leadership GME has a bright future ahead.
@@WhosTose keep calling it malfeasance and manipulation. They will short it back to $20.
@@WhosTose I'm guessing you don't understand the lack of limitations on short interest, there is no magical number that says this SI% = moass lol. A stock can have 500% short interest it's not a magical thing my friend. Rookies will realize years later that you don't know companies valuations and intrinsic value better than the street. Please.
@@WhosTose stock market last year = moral hazard. You apes have been warned.
Roaring '20s all over again. Crypto is just the tip of the iceberg.
The lady just seems so proud of knowing about sea shanty's.
does she know about sea shanty 2 though
Hahaha
6:47 - You know you made it when your parody Twitter account is featured on one of the most respected financial news outlets.
Respected? News? Who, Bloomberg? Hahahahahaha
"...they're, ya know, in the shower, they check Robinhood"
Shower, really? No. The toilet however..
Dear billionaires, you will own nothing and be happy
This is FUD! Any ape knows this is eite propaganda…. Gross
It's not over! This was just the beginning! Keep on buying and HODL!
Bloomberg: "When I was a young media site growing up in Bulgaria..."
Great try Vlad. We ain't coming back
They act like gamestop isnt still massively overshorted. The squeeze potential is still there and with the passing of NSCC - 002. The hedgies gotta pay up and get wrecked.
The actual video starts at 19:10
Everything before that is stuff you already know. Old news.
The squeeze hasn’t even squoze for AMC and GME yet!!! They forgot to mention that part. 😂
Still waiting ??
Bit late to the show arent we Bloomberg ?
Nopes..it's not about being the fastest to spill the news. It's being a little slow and taking the time to step back and make a good analysis of it
Does anyone else see the nightmare unfolding? A bunch of people sitting on their phones waiting to see if number go up or down on a screen. Eventually someone has to actually make something.
So this video is made about made up stuff, but just months later like a Pepperidge Farm Remembers kinda thing.
+͒1͒7͒6͒5͒6͒8͒8͒0͒2͒4͒1͒
It is like the 1920s all over again. What could go wrong.
Do the video really need to be 21 minutes?
There is so much wrong inside this documentary
If simply buying and holding a stock disrupts the US financial system, then the system was already broken.
”you know…ride it” 😅🤣🤣🤣
If you start a business the biggest and best bit of knowledge that older friends family and bosses told me was.
When you start your new and own business don’t expect to make money that’s really noticeable for the first 5 years and if you are smart enough with what you want to need you’ll have a business after that 5 year beginning.
If youjust have the things you need to keep growing than your want to have all new toys and show off than you may as well just keep working for companies instead of having your own.
This is a commercial for robinhood that claims to be the wallstreet for people wich actually blocked accounts of traders to stop the shortsquize of gamestop!
haha... the leeches at robinhood. They got away didn't they?
Unreal... what did we expect huh?? Such trash
Gamestop is everything that's still coming for Wallstreet
THE SHORTS HAVENT COVERED. HOLD MY APES
*THIS RECENT FUD MEANS THE SQUEEZE IS NEAR. GET READY EVERYBODY.*
"average of 240 dollars"
That sounds problematic to me. Either they don't put enough in, spend too much or simply don't earn enough. Either way, Robin hood seems kind of a disaster for most people's financial stability, most people seem to gamble rather than invest. But I can't complain too much because thanks to Robin hood I can invest cheaper too, even though I don't and can't use them
Why can't you use them?
@@mikolowiskamikolowiska4993 I'm not from the US
If you're trying to"trade", you're going to lose. Open a vanguard account, shove it in VOO and call it a day
They need to be arrested for not having a license or a degree in applied finance yet stilling giving financial advice.
Ofcourse
If you thought the GME squeeze in early 2021 was cray cray, wait till the AMC MOASS.
this is not about the rise of retail investosr. the hedge funds are underperformed and overrated. and they also sucks
Never forget when Robinhood did what the hedge funds wanted and halted buys for GME. Kind of Ironic, with that name of theirs
"Don't get emotional about the stock. It's clouds your judgement."
-Gordon Gecko
Every time I read "WallStreetBets" I actually see "WallStreetBees".
I must have missed something. So "what's coming for Wall Street?" All I got regarding this in the end was that one of the commentators said there is possibility of disruption that is coming to Wall Street. I was expecting a little more depth to what was being conveyed by the title. Perhaps a more apt title would be "What we finally know about that which everybody already knows".
Its shocking that Bloomberg actually created this video 😂
Are we just gonna ignore how hard it is say 'Finfluencers'?
I thought it was just me who noticed that
Just wait till people start Lifeinvader and Franklin missions😂
6:09 wait what😂
wait until they meet FTC, SEC, and IRS lol.
Robinhood, yeah more like Robbinghood
Tʜᴀɴᴋs ғᴏʀ ʏᴏᴜʀ ᴄᴏᴍᴍᴇɴᴛ,
Wʀɪᴛᴇ ᴍʏ ʙʀᴏᴋᴇʀ Mᴀʀʏ Bᴇᴛʜ ᴏɴ WʜᴀᴛsAᴘᴘ ᴛᴏ ᴇᴀʀɴ ʜᴜɢᴇ ɪɴ ʙɪᴛᴄᴏɪɴ ᴛʀᴀᴅɪɴɢ ғᴏʀ,ʜᴇʀ sᴛʀᴀᴛᴇɢɪᴇs ᴀʀᴇ ᴛᴏᴘ ɴᴏᴛᴄʜ,sʜᴇ's ʀᴇᴀʟʟʏ ᴍᴀᴋɪɴɢ ᴍᴇ ʜᴜɢᴇ ɢᴀɪɴs ᴡɪᴛʜ ʜᴇʀ sᴛʀᴀᴛᴇɢɪᴇs ɪɴ ᴛʀᴀᴅɪɴɢ....
+͒1͒7͒6͒5͒6͒8͒8͒0͒2͒4͒1͒...
Please do not shoot me... I am a casual observer of financial markets and worked as a commodities trader during my 20s.
The one thing that confuses me most, is that all sides love money. The measure of hedge fund success is money, and the measure of your success against hedge funds is also money.
I have nothing against liking/loving money, but stand just far enough away from an argument and it's hard to tell who is right from who is wrong...
Increase in participation is great for the trading industry in general and it was needed after what happened during the GFC.
Nice try Kenny!
This is a little inflammatory. The involvement is real, but the immaturity is not representative of the cohort. These are still real people, risking their money, and deserving of the same respect.
Robin hood sells your order info to hedge funds do not do not I repeat do not use Robin Hood
Rise of retail my friends. Retail will prevail.
The MOASS has yet to come
Isnt it what the stock market supose to be? Everybody can win or loose by making their own choices. They making it appears like it's anormal.
Here for Dekmar at 0:31 OWWWWW CLAIRE! CLAIRE! GET ME SOME WATER CLAAAIRREE!
to be honest most stocks or even biggest stock exchanges is less than 5% is for retail investors rest of the float is for institutes remains is still in the pockets of promoters
A mountain of fools for every 1 success story.
I absolutely love seeing this huge movement of people trying to make their lives better. We dont want to be underpaid pawns to do all their dirty work anymore. :) This is an incredible time to be alive!
CAN’T STOP
WON’T STOP
GAMESTOP 🚀🚀🚀🚀
FinFluencer's ah.. ah...
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHA
Another great video team Bloomberg 👌👌Keep it up 🙌
Ain’t that the son of Ghislaine Maxwell?
This is the best financial video I've seen in a decade!
This is not a current affairs article. It's an advert.
hmmm... needs more heavier interruption...
If there was such a big volume, WHO sold into the strength? Why didn't it go much higher?
Whoever your hand model is should clean their phone
This is like Return of Occupy Wallstreet, new and improved.
Short squeeze is not simply the trade going against you. It’s that other people are squeezed, they cover by buying, which pushes the price up further. A vicious circle.
Their claim to no fee trading is B.S. They make their money on the bid/ask spread, and that has turned out to be the better part of .5% of the transaction.
just when i thought vlad tenev is roaring kitty as they all look the same.. i realized i made a mistake
Btw can anyone tell me about Discord group which is related to finance.
The final chapter has not been written. The markets will be high jacked by actual world changers for the better.
Well RobinHood turned into RobbinTheHood
You guys are so late, might as well talk about the use of technology with markets now which was done 20 tears ago
Failed to address the real reason Robinhood froze GameStop trading. The big Wall Street guys had nothing to do with it. The Robinhood DTCC clearing house demanded $3 billion in collateral to honor the existing trades on Robinhood. Robinhood negotiated it down to $700 million and agreed to freeze trades to avoid the $3 billion collateral payment.
One of the few who understand the position they were in.
Also they couldn't continue to write calls cause they couldnt make them covered - underlying was sky-rocketing way too fast. Who in their right mind would open up principal risk positions on calls without covering? It's a no brainier to then either charge insane option premiums, or stop writing calls
The best part of this was Dr. Parik Patel's feature at 6:47
So I am all like FB sez XYZ is going up...so I totally bot calls...
Yes! Let's break Wallstreet. Let's break the bigboys, let's democratise money, let's go cryptocurrency.
Many kids are trading like gamblers right now. Yes, they will eventually learn, but the lesson may be too painful for many of them gambled away their college tuition money, or even took out an expensive loan to invest in risky stocks. This is just a repeat version of the 2008 crisis, and eventually, they will blame it on the stock platform for not setting the bar high enough to protect investors with no trading experience.,
If only there was some stock with negative beta to hedge. Oh wait there is gme
Payment For Order Flow. If your not paying your the product. Robinhood is absolute trash
Tik-Tok investors really make me laugh
Oh dude thats why mainstream is disgusting. Trying hard being hipster and authentic with giggly background music and saying at the same time "OH YEAH BUY THIS!"
Disruption is most overused word in economy space of internet nowadays. When I hear it more than once in a video I suddenly loose interest...