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Description:
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Al Grujic, founder and CEO of All of Us Financial (https://www.allofusfinancial.com/), comes on to discuss the Stonk market. Topics include Robinhood stopping trading last week, gamma squeezes, and how a stock can have over 100% short interest.
Chapters 0:00 Intro 1:50 Al's background 4:20 Why All of Us restricted trading last week 9:40 Why couldn't cash accounts buy meme stocks last week? 11:45 How should Robinhood have handled their messaging? 14:45 How can Gamestop (or any stock) have over 100% short interest? 19:25 How up to date is short interest reporting? 22:00 Gamma squeezes and options 23:55 Market manipulation 27:45 Risks of social media pumps going forward 32:15 The "boring" stuff of revamping the clearing system |