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Is Porsche the New Goldman Sachs?

Posted by nbk75dq 1197 days ago, popular 1197 days ago (http://simple-trading-system.blogspot.com)
Category: Stocks | Tags: porsche short selling stocks volkwagen
Porsche was in the news for its daring financial dealings to acquire 75% of Volkswagen through purchasing options. In the process, they caused hedge funds who were short VW stock to panic and take 30 billion euros in losses.
Since 2006, Porsche has made four times as much money from financial plays than from car sales.
An analyst calls Porsche "an investment bank with a car showroom"...
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