Aphria Inc. APHA

WATCH LIVE: Robinhood CEO Tenev testifies at House Financial

[CommonCentsforDollars]

Vlad the Clown. Just bury robinhood along with Bozo.

https://www.pbs.org/newshour/economy/watch-live-robinhood-ceo-tenev-testifies-at-house-financial-services-gamestop-hearing

[CommonCentsforDollars]

I listened to this while trading today. My conclusion is nothing will get fixed and the problem will persist as the focus appears to be more on reddit retail crowd and robinhood settlement of trades and things that really don't matter. Things that aren't the problem. Not much focus on why or how a stock gets 140% short sold. Shouldn't THAT be the priority? I mean laws were broken

[NorthOntKid]

Could not have said it better mysef! Until they illiminate NAKED SHORTING we small retail guys don't stand a chance against the riigged CASINO. 

[wideopenthrottl]

This post has been removed in accordance with Community Policy

[hevin]

Hey common et al...not to worry yet...also watched.. The chairwoman mentioned there will be another couple of meetings like this and it just started touching on the shorts and how they had 140% of the total float of game stop. one thing that shocked me was nobody mentioned Elon musk's excellent quote about how if you can't sell a car or a house that you don't own how can you sell

[newfrontierMJ]

I believe short selling is allowed in Europe although much more controlled? see link below I once read that several studies have shown short selling does not stop a stock value rise over time(however they didn't mention the retailer casualities in the process) https://ec.europa.eu/info/business-economy-euro/banking-and-finance/financial-markets/securities-markets/short-selling_en

[CommonCentsforDollars]

I listened for a few hours and then had about my fill. One can only hope that future hearings will bring forth some change in short selling practise's. There needs to be limitations on how much of a float can be borrowed towards short sells.  Different countries have different rules. China went from no short selling to having a limited list of "eligible companies" to banning it

[Paray99]

True, nothing will be fixed.. just fool us all for sometime... then again these big guys will short more than 100% of the float, SEC and congressmen will just watch and later tell they never knew!