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Porsche-adenfreude

2008-10-30 13:33:12.805238+00 by Dan Lyke 1 comments

Another one stolen directly from MeFi: This entry on Porsche's recent manipulation of VW stock that totally hosed a bunch of short selling hedge funds is well worth exploring. Several laugh out loud giggles, but also an interesting exploration of the process whereby there appeared to be demand for 107% of VW's stock.

[ related topics: Automobiles Economics ]

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#Comment Re: made: 2009-05-29 17:29:20.864823+00 by: Dan Lyke

Whoopsie! Porsche is now scrambling around trying to find the cash to exercise those options to realize their stock gains....