![]() The German financial watchdog BaFin is monitoring trading in VW shares, a spokeswoman told Bloomberg News on Thursday. VW’s common stock is much less liquid than VW’s preference shares because three holders - the Porsche and Piech family, the German state of Lower Saxony and Qatar - hold about 90% of it. Overnight moves in the ADRs are being “hedged out” by market makers buying the underlying common stock in Germany, driving significant demand and volume for those shares, he said. Retail investor interest is likely driving a massive run-up in trading volume for VW’s American depositary receipts, Barclays analysts led by Kai Mueller wrote in a report. “We can only speculate what the reasons for this spectacular squeeze are,” Bernstein analyst Arndt Ellinghorst said in a note. Many are pointing to high short interest in the company’s common stock and unusually high volume in U.S. However, at very depth of the crisis, an orchestrated short squeeze on VW shares caused VW to briefly become the most valuable company in the world, worth more by market cap than Exxon Mobil. While back-to-back briefings this week on plans for six battery plants and a target to surpass Tesla no later than 2025 were clear catalysts for the stock, the scale of VW’s share moves is still vexing analysts. In other words, Volkswagen was viewed as an exceptionally attractive short candidate. Stay on top of the electric car revolution by signing up for our upcoming Hyperdrive newsletter here. Chief Executive Officer Herbert Diess has more aggressively gotten the message out recently, creating momentum after a series of bullish reports that declared the company’s first dedicated EV for the mass market - the ID.3 hatchback - the most credible plug-in car effort by an incumbent automaker. ![]() Shares of Volkswagen are still down over 80 from those all-time highs, more than a decade later. VW has long had plans to develop the industry’s broadest lineup of battery-powered vehicles. Its what happened after the famous short squeeze of Volkswagen in 2008. VW overtook SAP SE as Germany’s most valuable public company on Wednesday and was valued at more than 150 billion euros ($180 billion) in intraday trading. The German carmaker’s common stock soared as much as 14% on Thursday in Frankfurt, while its more liquid preference shares climbed as much as 9.3%. For the first time, customers could roam the aisles of a grocery store and pick out their own products. ![]() on electric vehicles leads to a surge in retail investor buying. The greatest short squeezes of all time Piggly Wiggly Volkswagen Herbalife Tesla GameStop 1923: Piggly Wiggly short squeeze When Clarence Saunders opened the first Piggly Wiggly grocery store in Tennessee in 1916, it was a revelation. Source: (stuff behind paywall is a summery of events + the info on Porsche liquidating 5% of float).(Bloomberg) - Volkswagen AG shares continued their meteoric rise as growing investor confidence in its effort to supplant Tesla Inc. After triggering a near-tripling of Volkswagen s share price over the past two days, Porsche could be in for a. TLDR: Porsche paperhanded their position on Volkswagen, thus GME could go much further. Porsche To Profit From Volkswagen Squeeze. Honestly, when we are all millionaires, we should avoid Porsche as they let a meme die. This means that the short could have gone MUCH farther. I did more digging and found out the Porsche are a bunch of □□, they sold ~5% of the float to relive the shorts. So why did it only 5x (GME for context probably has like a 2-3x short to free float ratio)? Shares surged 31 as shorts trampled over one another to close their positions. I did a little research and as we all know, there was only about 1% of shares that the shorts could buy and since there was a 13% short interest, there was 13x the shares shorted relative to free float. When the market reopened on Black Friday for a shortened session, shares of KBIO continued to squeeze higher reminding some investors of the Volkswagen/Porsche infinity squeeze from 2008. Of course I would love to have it hit 1000$ a share, but I as I looked more and more into Volkswagen, I asked myself "Why did it only 5x?". ![]() Pretty lofty considering that the legendary mother of all short squeezes only 5x. I would ideally like to exit at 1000$ per share, but that is a 15x from where we are now. I, like many others here have been looking into how and when I should exit GME.
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