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House Schedules Hearing in Wake of GameStop Volatility (VIDEO)


February 3, 2021
Lawmakers to look into 'who wins and loses when short sellers, social media, and retail investors collide.'
SHOW TRANSCRIPT
The GameStop trading frenzy quickly captured the world’s attention, and theories abound as to what exactly led to this moment. But it’s still not clear how the Reddit Revolution is going to end.
"The whole thing started because somebody disagreed with the sell-side research and 'prevailing wisdom,'" said Mark Abssy, head of indexing at Tematica Research. 
Days after the short squeeze took off, the founder of Citron Research announced his firm would stop publishing research on companies it believes are overvalued. In the same way you can make money when a stock goes up, you can profit when a stock goes down — also known as short selling.

Dallas , Texas , United-states , Mark-abssy , Lenore-hawkins , Andrew-left , Keith-gill , Exchange-commission , House-financial-services-committee , Bed-bath-beyond , Tematica-research , Citron-research

Detailed text transcripts for TV channel - FOXNEWS - 20190319:04:40:00

>> tucker: america's collective student loan debt stands at $1.5 trillion, that is more than the entire gdp of spain. or sweden, or any of the 54 countries in africa. apart from mortgages, student loans are the biggest source of personal debt in the country. more than car loans and credit card bills.ge that is a staggering amount of debt, enough to distort and cripple the u.s. economy.ar enough to stunt the life prospects of an entire generation of young people. if you are wondering why the majority of americans under 30 say that they prefer socialism, debt is a major reason. student loans are killing them. and they never go away. thanks to extensive lobbying l efforts in washington, student loans unlike other forms of debt cannot be erased by bankruptcy. lenore hawkins came on the show and explain the consequences of that.. >> these guys start to default, who is going to be left holding the bag? one of the challenges is you

Ti-tucker , Us- , Student-loans , Student-loan-debt , Countries , Mortgages , Gdp , Spain , Africa , Sweden , 54 , 1-5-trillion