3.3 • 1.4K Ratings
🗓️ 28 January 2021
⏱️ 51 minutes
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| 0:00.0 | Ladies and now your host, |
| 0:04.0 | Ladies and gentlemen, the Conservative Daily Podcast is back. |
| 0:08.0 | And now your hosts, Joe Walton and Max McGuire. |
| 0:17.0 | Back with our number two. Want to throw up, go to my screen. |
| 0:19.0 | This is a message that people got using Stash |
| 0:22.0 | if they tried to buy Game Stop. |
| 0:24.0 | This is the, if they had an order in to buy Game Stop outside of trading. |
| 0:30.0 | This is what they received this morning. |
| 0:32.0 | Your GME Buy was cancelled by the clearing firm we use. |
| 0:35.2 | You may have recently received an email informing you |
| 0:37.7 | that your GME buy was canceled. |
| 0:39.2 | This happened because the clearing firm we use, Apex Holdings, has decided to halt the buying of GME and |
| 0:45.2 | AMC due to significant volatility. |
| 0:48.7 | We are in close contact with them and will make sure to keep you informed as soon as we get |
| 0:53.4 | updates you can still sell your current holdings in either stock on stash. |
| 0:59.2 | So how much you want to bet I don't have it in front of me but how much you want to bet, I don't have it in front of me, but how much you want to bet Apex Holdings stood to lose a lot by GameStop going up in value like that. |
| 1:12.0 | I know they did, but here's the other part you can sell it as it goes |
| 1:15.3 | down so you can lose money if you'd like yeah right but who's buying it |
| 1:20.0 | back when you sell it who buys it that's fun to cut the hedge fund, because a lot of them, they would close out or they'd buy more shorts. |
| 1:28.0 | Right. |
| 1:29.0 | Expecting it to go down. |
| 1:30.0 | So any company, any hedge fund any any firm that that got a short at the peak |
... |
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