Business
Why GameStop saga probably couldn’t happen here – The Australian Financial Review
While some of the right conditions are present in the world of ASX-listed shares for a monumental short squeeze attack, experts say its chances are limited.
The consensus view of experts canvassed by Wealth Generation in recent days was that there is technically no reason why it couldnt.
We know from ASX data that there are many younger Australians participating in the markets for the first time amid the pandemic.
And we know many are supplementing their new passion by being members of investing groups on social media, including the ASX_Bets sub-Reddit (a local version of the notorious WallStreetBets forum at the centre of the GameStop saga) and the…
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