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Everything you need to know about Short Selling - Episode 183

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Manage episode 283948618 series 2391884
Content provided by Paul Benson and Financial Independence for Australians. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Benson and Financial Independence for Australians or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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]

  continue reading

362 episodes

Artwork
iconShare
 
Manage episode 283948618 series 2391884
Content provided by Paul Benson and Financial Independence for Australians. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Benson and Financial Independence for Australians or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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]

  continue reading

362 episodes

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