EPISODE · Feb 3, 2021 · 11 MIN
Everything you need to know about Short Selling - Episode 183
from Financial Autonomy
Recently a very small stock in the US made headlines in the investment community. Gamestop is a bricks and mortar retailer in the US, selling games and accessories for The PlayStation and Xbox. Despite being a dying business, in the space of 2 weeks in January, this stock rose from a little over $19.00 a share to over $145 a share. That's a 660% gain. By the time you are listening to this episode, who knows where it will be at. One of the reasons for this growth is a phenomenon known as short covering. To make sense if this fascinating story, we need to have a good understanding of what short selling is and how it works. So let's bring you up to speed. [Disclaimer]
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Everything you need to know about Short Selling - Episode 183
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