Former SEC Commissioner and former E*TRADE CEO on the return of Roaring Kitty

  Рет қаралды 28,943

CNBC Television

CNBC Television

21 күн бұрын

Michael Piwowar, Former SEC Commissioner, and Karl Roessner, Former E*TRADE CEO, discuss the meme stock madness, as Roaring Kitty's return sends shares of GameStop surging.

Пікірлер: 169
@dunkhead3732
@dunkhead3732 19 күн бұрын
Roaring Kitty has exposed the system and some dudes can’t handle it.
@BidobaGonduba
@BidobaGonduba 18 күн бұрын
Ever heard the Iron Maiden song be quick or be dead. It was about finance corruption.
@madskillswills
@madskillswills 19 күн бұрын
Lol this guy literally said its a problem that retail can trade in a way large funds do.
@brandonburns5365
@brandonburns5365 19 күн бұрын
I can't tell if they lack that much self awareness, or they just don't care.
@Empty7able
@Empty7able 19 күн бұрын
​@@brandonburns5365both
@minimi1
@minimi1 19 күн бұрын
former SEC commissioner straight-up said the SEC should've added new rules so this wouldn't happen again, it's a joke lmfao
@user-yj4mt2pd2q
@user-yj4mt2pd2q 17 күн бұрын
The Wall Cheat Elite at it again. They act like cry babies if Retail Investors steal their play book. This is a battle worth fighting to take back control of our money and power.
@hajaminola
@hajaminola 19 күн бұрын
Let "Main Street" eat....let the PLEBS eat...social media has changed the game. The times have changed! God Bless America!
@softy-bf5eg
@softy-bf5eg 19 күн бұрын
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
@TitaAnderson
@TitaAnderson 19 күн бұрын
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
@marlisamirabal
@marlisamirabal 19 күн бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
@Cammimullens
@Cammimullens 19 күн бұрын
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@marlisamirabal
@marlisamirabal 19 күн бұрын
Angela Lynn Schilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@Cammimullens
@Cammimullens 19 күн бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@nicholaslamantia9597
@nicholaslamantia9597 19 күн бұрын
When Robbinhood temporarily stopped letting us buy GameStop three years ago…stopped using the platform and I think a lot of people did. E*trade better be careful
@jia7833
@jia7833 19 күн бұрын
Is this how you treat your billionaire clients, morgan stanley and etrade??
@l0v3477
@l0v3477 19 күн бұрын
F U C E TRADE
@chikomade_101
@chikomade_101 19 күн бұрын
What about HF manipulation! You can’t fight us Retail when Insiders & large institutions trade under the radar!
@Pierremontquaker03
@Pierremontquaker03 19 күн бұрын
But Jim Cramer says GameStop is a crap company and nothing is said 🤣🤣🤣
@BidobaGonduba
@BidobaGonduba 18 күн бұрын
He is the biggest manipulator of all time.
@SCOHEN250K
@SCOHEN250K 18 күн бұрын
Cramer also was telling people not to buy TESLA too, and many other tickers.
@sirprincegeorge
@sirprincegeorge 19 күн бұрын
SEC should be regulating but they also need to regulate these hedge funds as well
@C.J.T49
@C.J.T49 19 күн бұрын
How is this even a discussion? Manipulation is going on daily, yet they're focused on this guy as a scapegoat
@Alpacabowl98
@Alpacabowl98 19 күн бұрын
all of finance will be listening today. I wonder if kitty will mention naked short selling by the banks which is illegal.
@KG-wh8yv
@KG-wh8yv 19 күн бұрын
Yep, every single day. Naked short selling and fail to deliver and never any consequence. Absolute c riminals . Market manipulation to s teal from retail is allowed and happens continually. It's ok to short a company into the ground and never deliver shorted shares. But let's ban a retail trader. Absolute c orruption.
@BidobaGonduba
@BidobaGonduba 18 күн бұрын
💯
@tonylopetrone9828
@tonylopetrone9828 19 күн бұрын
The markets are rigged! And any time the little guy wins the corrupt institution cry foul!!!
@andrewpm2
@andrewpm2 19 күн бұрын
I refuse to give Robinhood my money and I'll be damned and close my account at Etrade if they screw w Roaring Kitty as well.
@sethwagoner3430
@sethwagoner3430 19 күн бұрын
Why don’t you like Robinhood?
@Joe_Biden_is_Trash
@Joe_Biden_is_Trash 19 күн бұрын
I canceled robinhood when they halted people from buying back in 2021
@Zagirus
@Zagirus 19 күн бұрын
@@sethwagoner3430 He’s another genius who thinks only Robinhood had a magical button to halt these gambling stocks, while Charles Schwab, Fidelity, and E*TRADE just sat on the sidelines, sipping tea and enjoying the chaos. Because clearly, Robinhood alone wielded the mystical power to freeze those 'precious' stock treasures. How silly of us to forget that brokerages and index committees have always paused trading during extreme volatility. Truly, you've got to admire their unparalleled intellectual prowess.
@Zagirus
@Zagirus 19 күн бұрын
@@sethwagoner3430 He’s another genius who thinks only Robinhood had a magical button to halt their beloved GME, while Charles Schwab, Fidelity, and E*TRADE just sat on the sidelines, sipping tea and enjoying the chaos. Because clearly, Robinhood alone wielded the mystical power to freeze those 'precious' stock treasures. How silly of us to forget that brokerages and index committees have always paused trading during extreme volatility. Truly, you've got to admire their unparalleled intellectual prowess.
@Zagirus
@Zagirus 19 күн бұрын
@@sethwagoner3430 He’s another redditor who thinks only Robinhood had a magical button to halt their beloved GME, while Charles Schwab, Fidelity, and E*TRADE just sat on the sidelines, sipping tea and enjoying the chaos. Because clearly, Robinhood alone wielded the mystical power to freeze those 'precious' stock treasures. How silly of us to forget that brokerages and index committees have always paused trading during extreme volatility. Truly, you've got to admire their unparalleled intellectual prowess.
@g.elliott4789
@g.elliott4789 19 күн бұрын
Isn't this what wall street has always done?
@Empty7able
@Empty7able 19 күн бұрын
It is
@newspectrum1751
@newspectrum1751 19 күн бұрын
Former Commissioner Sir, and CNBC is like to point this comment at you as well. With all due respect, how is people posting on social media market manipulation but you sitting here showing retail what stocks are pumping so they can fomo in to stocks like Best Buy, Black Berry, Koss who are heavily shorted by the same wall street funds that short companies like Gamestop and AMC, even bed bath and beyond, or everyones favorite Toys R Us. Thats right short sellers took your childhood away not bad business or retail demand. And they are trying to take away more of the things that are deeply rooted in our culture. Malls are gone, they want to destroy to movie industry and the gaming industry. So you mean to tell me what you are doing is not market manipulation? You atspreading misinformation and giving retail investor FOMO or FUD. If anyone needs to be investigated it’s you the regulators and you the media. DOJ is watching, the CAT is watching, the People are watching, and the Kitty well the Kitty is about to unravel the broken system and best to close those bearish bets.
@wakopaco
@wakopaco 19 күн бұрын
Underlying issue is naked short selling
@Watercoolerchat
@Watercoolerchat 19 күн бұрын
Dont touch retail traders until you change politicians ability to trade on insider information.
@MangoFlamingo
@MangoFlamingo 19 күн бұрын
So company disclose client position and it's fine lol?
@nicoshealthtips
@nicoshealthtips 19 күн бұрын
I like this CEO. Great perspective vs the smash the little guy bc he isn't in our group like so many others.
@bryan8657
@bryan8657 19 күн бұрын
THE underlying issue is FTD/naked shorting/lack of derivative oversight. They got caught. Damn right they need reform.
@robdogsurf
@robdogsurf 17 күн бұрын
Atleast the guy from Etrade said what’s the difference between Cramer and Roaring Kitty. The CNBC anchor tried to end that conversation quickly 😂
@ivarthepingless5082
@ivarthepingless5082 19 күн бұрын
The next gen start trading. Boomers: 'Market manipulation!'
@teole6364
@teole6364 19 күн бұрын
Congress can do insider trading and we can’t trade base on our research? Give me a break
@richardmorrow4374
@richardmorrow4374 19 күн бұрын
Haha, ban him. He's just doing what everyone does .
@christianromero9596
@christianromero9596 19 күн бұрын
Yes, of course.They didn't make any changes. If they did the hedge funds would have issues as well.
@Sl0ppyJ0s
@Sl0ppyJ0s 19 күн бұрын
I knew he’d talk about changing the rules 😂
@ronsilva7394
@ronsilva7394 19 күн бұрын
Market manipulation ? This channel and its guest talking heads do that all the time . Give us a break . Only the established financial heads get to take advantage of the system ?
@maniscalcofrank
@maniscalcofrank 19 күн бұрын
So why is it okay for institutional traders to do it?
@lifeofsui3864
@lifeofsui3864 19 күн бұрын
finally someone on CNBC that talks sense and comparing Roaring Kitty effect to the effect that hedge funds, institutional traders and even Cramer have
@alexandruardelean4902
@alexandruardelean4902 19 күн бұрын
GME TO 200 today
@BidobaGonduba
@BidobaGonduba 18 күн бұрын
It would have been if we didn’t have these illegal trading halts. They only halt when price goes up. All this short selling and there was no halting.
@DrDisinfect_TheWorld
@DrDisinfect_TheWorld 19 күн бұрын
Work Roaring Kitty...work. These trading platforms are manipulating the markets and Roaring Kitty is beating their tricking the system and..."they ain't happy" about it. Roaring Kitty is a pioneer. A visionary. All hail Roaring Kitty. Keep hitting these brokerage firms.
@Bigt8326
@Bigt8326 19 күн бұрын
E-trade will get sued if they do anything! Hands off IMO
@sandihudson981
@sandihudson981 19 күн бұрын
It says this aired 3 hours ago, Game stop IS NOT AT 62! AS A MATTER OF FACT, IT LOST 10 BUCKS AND IS GOING DOWN, BAD REPORTING
@mrgj7025
@mrgj7025 19 күн бұрын
Something is worth what someone is willing pay.
@keenlawhorn7396
@keenlawhorn7396 19 күн бұрын
But why aren't they focused on the cause of why its this is all happening in the first place
@sergioreyes9215
@sergioreyes9215 19 күн бұрын
If the SEC changes rules for KG ,IT WILL AFFECT THE HEDGIES, BRING IT ON!!!
@daz4787
@daz4787 19 күн бұрын
The game is rigged folks. Listen to the double standards presented here.
@tackthekack1
@tackthekack1 19 күн бұрын
"it's an interesting question". No it isn't. It is a stupid question.
@BlackSwanDon
@BlackSwanDon 19 күн бұрын
If gme is so doomed, who is selling the longs and should they be accountable for manipulation?
@Luckydog79
@Luckydog79 19 күн бұрын
Where's the market manipulation then?
@C.J.T49
@C.J.T49 19 күн бұрын
At least some of these guys get it, "even playing field." he's not doing anything wrong
@cdove96ify
@cdove96ify 19 күн бұрын
So make rules to stop and fix retail traders but not fix the issues that help the financial terrorists wow
@davidpaez1283
@davidpaez1283 19 күн бұрын
They are scared that 2021 again. Hedge funds are scared 😂😂😂😂
@luisquezada7394
@luisquezada7394 19 күн бұрын
I would not be surprised if KZfaq disrupts the stream
@jramlal5782
@jramlal5782 19 күн бұрын
But Kramer can say buy or sell and it’s ok
@muleymcwoolhead4703
@muleymcwoolhead4703 19 күн бұрын
“Maintaining fair markets” that’s a joke. Markets aren’t fair, they’re incredibly tilted in favor or market makers and the rich.
@christopherbate6248
@christopherbate6248 19 күн бұрын
They care about our money 🤣🤣🤣🤣🤣🤣🤣
@LMGstudiosTV
@LMGstudiosTV 19 күн бұрын
Roaring kitty has set a multilayered trap; he is playing 3d chess; and the fed and sec are crying about why his not playing checkers.
@DanTheMan189
@DanTheMan189 19 күн бұрын
Love the Yogi Berra reference
@surendra1999
@surendra1999 19 күн бұрын
At 4.22 Former SEC Comm. seems to suggest that these retail investor is doing the same thing what the Institutional investor had been doing all along and that should not be allowed ? Why ? They can make the market and the individual can not?
@MackMittenzTV
@MackMittenzTV 19 күн бұрын
Leave this man alone!… He’s literally making a simple investment. Hell if anything Wallstreet should get on board lol 📈📈📈
@user-zk1ou5xn2m
@user-zk1ou5xn2m 17 күн бұрын
GME has several thousand leases that expire over the next year or so. Great opportunity to cut cost and transform into online auction house for classic games and consoles
@user-yj4mt2pd2q
@user-yj4mt2pd2q 17 күн бұрын
So the SEC would change the rules further to help Wall Cheats. That doesn't surprise me. When Keith Gill when live they halted GME 17 times. How many times do the halt dark pool trading?
@megaosfan
@megaosfan 19 күн бұрын
Karl is a true hero here!!
@thegamerboneless2864
@thegamerboneless2864 19 күн бұрын
I think Gill is a gambler, I think he has come back to the kettle one last time. I do think he manipulated anything more then what the institution’s when they go on these platforms to promote a business. Why the double standard
@e5toro7008
@e5toro7008 19 күн бұрын
GME 🚀🚀🚀
@LMGstudiosTV
@LMGstudiosTV 19 күн бұрын
The only reason why this is a difficult position is because their hypocrisy is on full display
@jones192
@jones192 19 күн бұрын
One man has the entire market shook. I love it.
@naneekad3960
@naneekad3960 19 күн бұрын
"Not good for the market" nah.. it's not good tor the 1%. Let's take a stand and follow roaring kitty! We middle class deserve another uproar!
@jasonkhanlar9520
@jasonkhanlar9520 18 күн бұрын
7:57 no such thing, it's a big lie, a big club, and truth is not in the club
@thatanimeguyxD
@thatanimeguyxD 18 күн бұрын
LMFAO HOMIE BLINKED 10 times before he talked
@jramlal5782
@jramlal5782 19 күн бұрын
They need to investigate all these hedge funds for fake shares
@nileoutdooradventure2930
@nileoutdooradventure2930 19 күн бұрын
Why not inside traders?
@WestJ2the
@WestJ2the 17 күн бұрын
They haven't done anything because they're just as guilty & they won't arrest themselves either...... duuuuuhhhhhh 😂😂
@Cystus
@Cystus 17 күн бұрын
Why doesn't the SEC prosecute Nancy P.
@channelsold3236
@channelsold3236 19 күн бұрын
my goodness what a super juicy story gamestop market cap will explode $12B 😮😮😮😮😮
@seanhope734
@seanhope734 19 күн бұрын
Is this hate or what ? The host wants to lock up the kitty .
@user-im5xg3pe5u
@user-im5xg3pe5u 19 күн бұрын
Notice how he stops talking to the first guy
@globaltraders1338
@globaltraders1338 19 күн бұрын
Joe about the sec investigate market makers and how they only position prices of a stock to balance the option chain on a daily basis
@theantitroll9276
@theantitroll9276 19 күн бұрын
Dude on the right look like a Michael Myers mask.
@svancloud4035
@svancloud4035 19 күн бұрын
Regulator's should be investigating the companies shorting GME. You can't turn off the buy button just because your short position is in the red. They want to "address" people acting in groups "just like HEDGERS". The hypocrisy in that statement.
@musiclife3265
@musiclife3265 18 күн бұрын
Yea pretty wild they can do all these illegal tricks in plain sight without batting an eye
@ExtremexDreamz
@ExtremexDreamz 19 күн бұрын
Lets talk about trading halts during the entire Livestream today. Does that happen when we have a speaker at the federal reserve? No
@TheLTprod
@TheLTprod 19 күн бұрын
Reporting on a Redditer/KZfaqr's trades? Is that what a real business channel is supposed to do?
@AolXp
@AolXp 11 күн бұрын
Can someone from CNBC o a regulator can explains to retail investor's, how a person can buy and take a position inside gamestop or any stock knowing that days later he will create gossip about a video and the frenzy manipulation of the stock and then the stock go up and he can cash out pretty fast 58 millones in less than a week, every transaction should be on record, if this is not manipulation and fraud, What else can be?
@jhshao8435
@jhshao8435 19 күн бұрын
Market manipulation? Insider trade? Why SEC don't ask Nancy Pelosi?😂😂
@jonathanpicket124
@jonathanpicket124 15 күн бұрын
Trying so hard to make RK out to be a criminal when he did nothing wrong. All while completely ignoring the financial crimes that RK was exposing... complete BS take, as usual.
@eduardoadame815
@eduardoadame815 19 күн бұрын
Migth just go open up an e trade account just for this interview hes good in my book dosent sound lile he has any ties with the big dogs
@sbcglobal141
@sbcglobal141 19 күн бұрын
E-Trade wants to ban him because the platform crashed and was down for hours causing losses for their other customers. RK is not a retail trader.
@mikegagliardi7916
@mikegagliardi7916 19 күн бұрын
its sounds like people are getting nervous again
@phirawhite5621
@phirawhite5621 19 күн бұрын
Hypocrites
@bsvuos9ubmv9us8uvdw8
@bsvuos9ubmv9us8uvdw8 19 күн бұрын
Robin Hood Roaring Kitty❤❤❤❤
@boxdawgill
@boxdawgill 19 күн бұрын
Publicly showing a position isn’t illegal-transparency is encouraged. Keith Gill doesn’t tell anyone or ask anyone to buy or sell any stocks. Also, posting Beavis and Butthead memes on Twitter is also not illegal. Citizens are allowed to buy any stock that they want. Period. Regularly citizens don’t have dedicated shows on TV literally telling people what to buy/sell.
@sergiobarajas9092
@sergiobarajas9092 19 күн бұрын
i will leave e trade if they kick him out, not only that i will also cancel my chase account since its own by JP morgan
@darrendent8288
@darrendent8288 19 күн бұрын
@4:17 What this guy is failing to acknowledge that its NOT JUST RETAIL INVESTORS that were buying up or buying call options on the stock. There were actual HEDGE FUNDS that were involved as well.
@chikomade_101
@chikomade_101 19 күн бұрын
Yes sir! Love the former CEO. We need You 🚀
@guyangelo9875
@guyangelo9875 17 күн бұрын
"Maintaining fair orderly and efficient markets" BUHAHAHAHA! Oh, my side...muhahahaha! 😂
@agmcroom2374
@agmcroom2374 19 күн бұрын
Cry babies
@ExtremexDreamz
@ExtremexDreamz 19 күн бұрын
Hes not doing anything illegal. Simple fact.
@Sasya_bunny
@Sasya_bunny 19 күн бұрын
😂😂😂when did Blackberry came back in Market😂😂😂
@MP-rx8do
@MP-rx8do 19 күн бұрын
Change the rules? So that will apply to wall street, right?😂
@KG-wh8yv
@KG-wh8yv 18 күн бұрын
Absolute corruption. Naked short sells and fail to deliver and no consequence, EVER, continually rinse and repeat. Collusion and c riminal organization. If there are only 100 Porsches in the world and I get to sell 500 of them to retail and never deliver the other 400. Until they are worthless and then I close my transactions. That is the stock racket, I mean stock market. But let's ban a retail trader.
@brettb5633
@brettb5633 19 күн бұрын
Too damn worried about XRP and ripple
@zamor7778
@zamor7778 18 күн бұрын
rich men will loose, and they’re scared. This is a long story and everybody knows the end. DFV, i’m in!
@IanFernando
@IanFernando 19 күн бұрын
RK is probably going and moving over to HOOD
@wallstreettrader1
@wallstreettrader1 19 күн бұрын
Schwab would be more likely.
@paytonentrekin96
@paytonentrekin96 19 күн бұрын
Yall gonna make the mfs that makes Jesus come back
@bazmohiuddin2882
@bazmohiuddin2882 18 күн бұрын
i used Etrade its garbage, they are going after RK because essentially they are very jealous of what he has done and this is a petty retaliation action
@esadventures4503
@esadventures4503 19 күн бұрын
GEMS on Bybit…the next GME
@darwel007
@darwel007 19 күн бұрын
It is no different than BTC. Young men desiring to get rich without working.
@wallstreettrader1
@wallstreettrader1 19 күн бұрын
Professional trader here. I research 10 hours a day, 7 days a week to make the next week's trades possible. No one else I know works as hard as I do.
@darwel007
@darwel007 19 күн бұрын
@@wallstreettrader1 Trading is not the problem. Ask Buffet, Diamond, and many others why BTC is a fraud. All you have to do is look at the most prominent proponents. MS is about as rank as they get, and he is the king.
@lastyle7363
@lastyle7363 19 күн бұрын
Ryan Cohen ruin the run...
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