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EASTMAN KODAK CO Message Board

  • gumax2 gumax2 Mar 19, 2013 10:01 AM Flag

    Volkswagen effect?

    Who remembers?
    from wikipedia:
    "Short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock.

    ......in October 2008 when a short squeeze temporarily drove the shares of Volkswagen on the Xetra DAX from €210.85 to over €1000 in less than two days, briefly making it the most valuable company in the world.

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    • I think there has to be a large open interest to activate a short squeeze. Check out the option board. There does not appear to be sufficient open interest on this puppy. Something else is in play here:
      1. There are rumors about the POR
      2. There actually is a POR provision for some common relief (not likely).
      3. Market manipulation of this less regulated otc market. .
      4. It is not uncommon for bankrupt listings to make several runs based on rumors or nothing at all.

      Gotta wait and see.

 
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