On the 1st (local time) in the New York Stock Market, GameStop shares plunged nearly 31%. Photo = Reuters = Yonhap News.
The game stop situation, which shook the US stock market with a’war of money’ between the short selling forces and individuals, is showing signs of shifting to the domestic stock market. A stock market expert advised to lower the eye on the rise in stock prices as the situation itself is different from the US, although the potential of the stock buying movement is great.
On the 2nd, a researcher at NH Investment & Securities said, “Celltrion with a large short-selling balance ratio or high short-selling balance on the previous day.(371,000 +14.51%) Celltrion Healthcare(157,500 +9.60%) Celltrion Pharmaceutical(187,300 +7.03%) HLB(96,500 +7.22%) Helix Miss(30,300 +18.13%) The back has risen significantly,” he said. “As the US Gamestop soared to a short squeeze (stock price surge in a situation where the short selling balance is high), it reflects the expectations of investors trying to relate the situation to Korea.”
“In fact, some private investors’ rights protection organizations have announced that they will engage in buying campaigns for stocks with a high short selling balance. Considering the abundant capital around the stock market centered on individuals, the potential of the future stock buying campaign is great.” The issue is a variable that also affects the direction of the market.”
From the 1st, Han Too-yeon announced that it will operate a publicity bus with the phrase’abolition of short selling’. Offering
However, Researcher Roh explained that the situation is different from that of the United States.
Researcher Noh said, “Unlike the United States, the ban on short selling in the domestic market has continued for nearly a year.” “The amount of speculative short selling that will trigger a short squeeze (short seller who has not established a hedge position) may not be larger than expected in the domestic market. I said.
Researcher Roh estimates that the proportion of market makers or ETF liquidity providers who allowed short selling transactions remains high in the domestic market. These are investors who have built a hedge position, and it is explained that it is difficult to see them as the subjects that will trigger a short squeeze as the spot price rises.
He added, “It should also be considered that the ratio of the number of short-selling shares to the number of stocks in circulation is not high in the stocks discussed in Korea.” Miss is relatively high at 8% and 10%, respectively, but it is low compared to US short squeeze stocks that exceed 100%.”
Therefore, the related stocks will rise for the time being due to the supply-demand effects of individual investors’ interest, but it is explained that it is necessary to lower the eye level for the rise.
Lee Song-ryul, reporter Hankyung.com [email protected]
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