In a special taping of Yahoo Finance’s ‘Opening Bid’, we explore how investors should go about investing in the polarizing company that is GameStop (and if they should at all!) and help break down the approach to trading in meme stocks. This is your ultimate 24-minute guide to building and not losing wealth in some of the most volatile, confusing stocks in the entire market. Yahoo Finance Executive Editor Editor Brian Sozzi chats with veteran market minds Steve Sosnick of Interactive Brokers and Jay Woods of Freedom Capital Markets.
Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.
Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.
Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.
00:00:40-Current status on GameStop stock
00:04:45-What's different about meme stock GameStock this time?
00:07:11-There are difference ways to influence stocks
00:09:30-Should Roaring Kitty be kicked off of E*Trade?
00:11:48-What investors are learning from this latest bout of meme stocks
00:14:29-Let's breakdown GameStop
00:18:12-Risk management and "stops"
Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky.
Jay Woods is the Chief Global Strategist for Freedom Capital Markets having spent over 25 years as a Designated Market Maker on the NYSE floor.
Steve Sosnick, is the Chief Strategist at Interactive Brokers, also serves as head trader of Timber Hill, the firm's trading division, and is a member of Interactive Brokers Group, the firm's holding company.
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