Business
What are the ASX stocks vulnerable to a ‘short squeeze’? – Small Caps
Could the ASX become subject to the same short squeeze trading shenanigans in the US which put a rocket up the share price of struggling video outlet operator GameStop…
Could the ASX become subject to the same trading shenanigans in the US which put a rocket up the share price of struggling video outlet operator GameStop and then the silver market.
Its certainly food for short er, thought.
This month shares in online travel agent Webjet (ASX: WEB) have climbed around 10% as online trading communities seek to replicate the short squeeze that pushed GameStops stock up from less than US$20 a share in mid-January to a dizzying US$347.51 on the 27 January.
Its no coincidence…
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