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The story of one of the largest short squeeze: http://en.wikipedia.org/wiki/Short_squeeze http://en.wikipedia.org/wiki/Short_squeeze
by jakozaur 12y ago
The story of one of the largest short squeeze:
http://en.wikipedia.org/wiki/Short_squeeze http://en.wikipedia.org/wiki/Short_squeeze
- tim333 12y agoProbably the largest ever in nominal dollars. If you adjust for inflation there might be some historical stuff that would beat it I guess?
- tim333 12y agoI note a couple of down votes but the market cap increased by approx $300bn in a couple of days to $370bn. Anyone know any short squeezes that beat that?
- oxryly1 12y agoSeriously... that is the buried lede here: VW's widely shorted stock goes from $200 to $1000 over 2 days after the financial crash was already under way. A terrible time to be part of the bear herd.
- bedhead 12y agoI know a guy who was personally bankrupted by this trade. Got bought in at the top. It was sad.