Spaniard I agree. If this sort of movement were to gain traction here in Australia it could affect a lot of short sellers here too. It could become that just the threat of crowd storming a stock may be enough to force the short sellers to close their positions. Currently the top three shorted stocks on the ASX are Webjet (WEB) at 14.16%, Tassal (TGR) at 11.77%, and Mesoblast at 10.30%. Imagine if it became practice that any stock that hit a 10% short became the target of a crowd storming raid. Eventually the shorters would be reluctant to short any stock that approached that 10% mark...........When you've cleared stocks with 10% shorting you then start on those with 9%.
- Forums
- ASX - General
- GameStop / Shorting
GameStop / Shorting, page-9
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online