Business
3 more shorted ASX shares that could skyrocket
So we’ve now seen the GameStop Corp (NYSE: GME) share price multiply 2300% in just 2 weeks after a short squeeze attack from Reddit-driven retail investors.
The bubble has now deflated somewhat since its mad highs. But last week there was much interest when an Australian finance academic picked three heavily shorted ASX shares that could similarly explode.
Now, a fund manager has identified three more ASX shares that are highly shorted but have excellent upwards potential.
Injustices in share markets
Shaw and Partners portfolio manager James Gerrish wrote in his Market Matters (MM) investor newsletter this week that the GameStop episode has taught him two lessons.
“Slowly but surely the playing field for retail investors is…
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