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Posted by
nbk75dq
1305 days ago, popular 1305 days ago
(http://simple-trading-system.blogspot.com)
Category: Stocks |
Porsche, in the midst of trying to buy Volkswagen, found that there were a lot of short sellers in VW stock. To make money, Porsche acquired control (via stock and options purchases) of a large block of WV stock.Category: Stocks |
As a result, VW stock skyrocketed as short sellers and the option writers (such as Goldman Sachs) try to cover their positions.
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