South Korea's army of retail investors is declaring war on the shortest sellers
South Korea’s army of retail investors is declaring war on the shortest sellers Jung Eui-Jung, a former employee of the South Korean bank, recalls his grim experience as a stockbroker more than a decade ago when he lost a small metal band he invested when he lost Won25m ($ 22,000). “It’s a past I want to forget. Back then, I didn’t have much of a chance to get information. I would get lost in an environment that is biased against amateur traders, ”said the 62-year-old head of the Korean Shareholders’ Alliance, a advocacy group representing about 44,000 retail investors.
Source: wiredprnews.com