Tag Archives: CNBC

Ja Rule Appeared On CNBC To Talk Robinhood And GameStop

It appears someone missed the memo that Dave Chappelle was only joking when he described the dire need to get Ja Rule’s input on breaking news stories because CNBC enlisted the help of the Fyre Festival co-founder to try and help make sense of the past week’s Wall Street zaniness. To be fair, he inserted […]

r/WallStreetBets administrator pens open letter to CNBC about hedge fund leverage

A major aspect of the rise of stocks like GameStop is the use of leverage by hedge funds. The r/WallStreetBets crowd is using that leverage against them. What it means: Because hedge funds are using borrowed money to place bigger bets, they have to exit positions at certain levels or risk losing potentially infinite sums […]