The Share price of VW recently sourced and at its peak make VW one of the largest companies around based on share price. (£237 billion share price.)
Hedge fund speculators bet on a decrease. Porsche announced it had an option to buy shares and the price went up. The hedge fund speculators were then forced to buy more shares to cover their losses and due to the very low supply of available shares we saw some silly gains on the markets.
http://news.bbc.co.uk/1/hi/business/7695607.stm
Crazy times
Hedge fund speculators bet on a decrease. Porsche announced it had an option to buy shares and the price went up. The hedge fund speculators were then forced to buy more shares to cover their losses and due to the very low supply of available shares we saw some silly gains on the markets.
http://news.bbc.co.uk/1/hi/business/7695607.stm
Crazy times
