Read
http://www.bloomberg.com/apps/news?pid=20601087&sid=aMBkiI5gvZnA&refer=worldwide
Couldn't help thinking that Porsche is a financial company whose side business is making cars....This will end very badly for both Porsche and Volks. But there's no money to be made here for traders-the margin requirements for shorting Volks shares are insane-and these stocks can go anywhere for a day or two-even wiping our the well capitalized traders.
This is another reason I am very averse to shorting individual stocks. You live with your longs, no matter what...
But financial speculation is what some of the biggest companies do. GE has finance, GMAC is finance...everyone wants to lend money to consumers to buy more.
Sanjay
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