The head of investment platform Praemium (PPS), Michael Ohanessian sounds like he’s channelling the coronavirus when he says that “like any living organism, any organisation wants to survive.” But in this case, he’s referring to the need for the $800 billion a year adviser ‘platform’ sector to grow and diversify at a time when the
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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. It’s certainly food for short … er, thought. This month, shares in online travel agent Webjet (WEB) have climbed around 10 per cent
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At 10:03 a.m. UTC on Dec. 18, GameKyuubi posted “I AM HODLING,” a drunk, semi-coherent, typo-laden rant about his poor trading skills and determination to simply hold his bitcoin from that point on. “I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e,” he wrote about the
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As with the coronavirus, the buy now pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations. Among investors, Fear of Missing Out (FOMO) is rife as the BNPL contagion continues to displace the role of credit cards in
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For years so called value stocks have under-performed high flying growth stocks. Part of this is historical, the best performing stocks since the GFC have been high-growth, high-cost tech stocks; this has instilled a preference for these shares in the minds of investors. However, many high-growth stocks are trading at valuations that are at illogical
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You can look at stocks which have a short interest of over 20 percent here. https://www.highshortinterest.com/ Demonstrating that Gamestop and AMC Entertainment are not the only stocks witnessing dramatically higher share prices due to a short squeeze, the table below shows that all the most shorted stocks have seen dramatic increases in their share price since
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