short squeeze

Porsche’s Short Squeeze

The CFO over at Porsche must be a genius.  He practically cornered the market on Volkswagen stock, making a move that caused the VW stock price to jump from 210 Euros/share to 918 Euros/share in less than a week.  In 2008, Porsche booked $11.6B in profits with only $10.2B in sales revenue.  Yes, you [...] [...]

By Walter | January 28th, 2009 | No Comments | Read More »