WGBH News
Bill Galvin On His Proposal For GameStop Trading Suspension
Season 1 Episode 40 | 39sVideo has Closed Captions
Bill Galvin On His Proposal For GameStop Trading Suspension
Bill Galvin On His Proposal For GameStop Trading Suspension
Problems playing video? | Closed Captioning Feedback
Problems playing video? | Closed Captioning Feedback
WGBH News is a local public television program presented by GBH
WGBH News
Bill Galvin On His Proposal For GameStop Trading Suspension
Season 1 Episode 40 | 39sVideo has Closed Captions
Bill Galvin On His Proposal For GameStop Trading Suspension
Problems playing video? | Closed Captioning Feedback
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Learn Moreabout PBS online sponsorship- In the case of GameStop, since it's quite obvious that the price is contrived, there should be a suspension of trading on it for 30 days till people get a chance to get a grip on what the reality is here.
And that has to happen if we're gonna prevent it, not just on GameStop, but on the other stock.
And if people say, "Well, if they do that, "they'll move to another stock."
But well, they may, but I think it's gonna be a cautionary tale.
You move to another stock and trading in suspension, the game is up.
It's like a game of musical chairs.
When the music stops, then what?
But I'm concerned about small investors, especially day traders, novice investors.
There are many of them as a result of the pandemic and I'm concerned to make sure they don't get hurt.

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