U.S. video game retailer GameStop Corp decided it could not seize on the Reddit-fueled rally in its shares to sell hundreds of millions of dollars worth of stock because of regulatory restrictions, according to three people familiar with the matter.
With the ASX confirming The Agency’s financial standing, the recent suspension on the real estate group’s securities has now been lifted, meaning trading is now allowed to resume.
The stock picking frenzy is narrowing and intensifying, writes James "Rev Shark" DePorre, who says trading in hot sectors remains extremely bullish, but the action is shifting so quickly that many folks simply can't keep up..GME