Full time trader yeah? Yet the only stocks you post about are...

Full time trader yeah?
Yet the only stocks you post about are QIN/MSB and rarely ORE according to my HC search and your closed profile...hate to see your idea of partime.

Is it the overabundance of BigMacs and chips that keep you at your desk?
Be careful fulltime trader.... soon it could be rat meat and rice.

E.g pinched from another thread

"On 28 Oct 2008, Volkswagen was the world's biggest company -- at least if the stock price was to be believed.

In March of that year, Porsche owned 31% of VW and stated publicly that it did not intend to increase that to 75%. Lower Saxony holds 20%, so Porsche reasoned it would be too difficult and expensive to acquire basically all other shares on the market.

On 26 Oct 2008, Porsche revealed that it had increased its stake from 31% to 43%, plus 31% in options -- 74% of the shares of VW.

Problem: as of that date, 13% of the company was on loan to speculators short the stock, and 74% + 20% + 13% = 107%. So if Lower Saxony didn't intend to sell them any (it didn't), and Porsche didn't intend to sell them any (it certainly didn't), the speculators would be completely incapable of covering those short positions. Just to add insult the injury, the other 6% belonged to index-tracking funds, also unlikely to sell on short-term moves.

In other words, Porsche could pretty well set its price and force the speculators to pay it. The price exploded, going from 200/sh to 1000/sh in just a couple of days.

Porsche was clear that their intent was not to corner the market but to takeover VW, which had long been part of their plans. Either way, due to the massive short squeeze, hedge funds and investment banks ended up paying for a huge portion of Porsche's costs to acquire VW, with tens of billions in losses.
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