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JRosenberger
Posted 6/3/2024 22:25 (#10762647 - in reply to #10762501)
Subject: RE: A P.E. of over 2000


Milford, IL
Agree with 1500x earnings and I don't like the stock, all well and good, but remember market dynamics dont have to be rational.

'08 Porsche/VW squeeze is the textbook example everybody is familiar with - company A is circling the drain, company B notices excess short activity and locks up the float.

The way I see things in retrospect, Porsche had a lay-down-loner and played it on a weekend with market closed and wrecked the short sellers. DFV doesn't have nearly the hand Porsche had - I question his motives - we will all see the results soon enough.
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