12/27/2022 0 Comments Volkswagen short squeeze![]() Initially I thought that the Gamestop squeeze is almost done, but now I have a feeling that Robinhood’s decision to stop free market trading is further adding more fuel to the ongoing fire. I think if you are in a privilege position to be able to gamble, you can take part in the ongoing rebellion against the institution funds, especially since there is report that the hedge fund with short interest in Gamestop is actually behind Robinhood.Īnd since the short squeeze started, yesterday Robinhood halted the trading of the shorted stocks before resuming it – showing that the system is rigged and biased towards those with financial capability. With the prevalence of social media and how fast information are being spread nowadays, I think everyone knows that this is a gamble and less of actual investing. Other highly shorted stocks such as AMC BB NOK are also heavily pumped by the “reddit armies” who rallied all millennials to push up the stocks.įor those who are buying the stocks, I believe that everyone is in it in hopes of making a quick buck before the music stops and the prices come crashing down. However, the cause of the short squeeze and eventual explosion of the Gamestop share price is quite an interesting and rare event that is happening right now – it’s basically retail investors banding together against hedge funds in a power play. ![]() I’m sure readers would have came across this, so we won’t be explaining how it came about. At any rate, VW has said it sees Toyota as its only real competition on the global stage.A lot of things have happened over the past 2 weeks since our last update! Of course, the most notable one being the historical short squeeze on the Gamestop stock which has become a global phenomenon now. ![]() A new resurgence of effort hopes to turn that tide, however, and set VW on the path to unseating Toyota from its position as the world's most prolific automaker as well. It certainly didn't come from the company's automotive sales strategies in the U.S., as the company's efforts in the world's largest carmarket of late have been underwhelming at best. The secret to VW's earlier valuation success, say the analysts, lay in its successful hedge-fund trading strategies. At the end of trading yesterday, VW's share price closed at €675 ($847), a gain of 33% on the day, but not enough to hold onto the title of world's largest company by market capitalization. The newest jump in valuation comes on the heels of Monday's announcement of Porsche's new 42.6% holding and 74.1% control option in VW. Whatever the case, the stock markets are confident the company will succeed - VW's stock briefly touched €1,005 ($1,261) yesterday, making the company the most valuable in the world at roughly €295 billion, or $369 billion, temporarily exceeding Exxon-Mobil's $343 billion market capitalization.Įarlier this month, VW's share value had risen by almost 55% to give the Volkswagen AG the largest market value of any carmaker in the world at $127.5 billion, exceeding even Toyota's valuation by about $3 billion, thanks in part to the Japanese company having fallen to a four-year low in its stock price, down 56% since its peak in February 2007. ![]() Infighting with new owner Porsche has led many to fret over Volkswagen's future, but company officials insist the struggles are being blown out of proportion, just today releasing a statement of cooperation that appears to have put the fighting to an end. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |