
Warning – I strongly recommend against trading in any security mentioned in this article. The volatility is enormous and the problem fluid. The stocks aren’t being driven by basic principles… The recommendations in this post are created in a somewhat funny manner. I am horrified – despite this caution at least one individual has thought that the trade should be positioned. Please, take this warning seriously. I have no position.
There was once a fine American sports car company called Stutz. It made beautiful – even famous cars. The motor cars had a reputation for dependability, reliability, and punishing speed. I know they look antique – but these were really quick for their day – plus they won big races like Indianapolis and the Le Mans 24-hour competition. Le Mans (at least) is an event that Porsche loves to win. Stutz was managed by Alan Aloysius Ryan through family holdings Anyway.
For reasons, mainly to do with improved mass creation by competitors the business found itself under great pressure. Short sellers could smell blood. And they shorted the stock. And shorted even more. Through this Alan Aloysius Ryan stood firm, buying stock when he could (possibly through options and concealed holding companies therefore the shorts could not see what he previously did). He did this until he announced 1 day in 1920 that he owned 105 percent of the business and the pants could settle with him on his terms.
His conditions were a price so high that it could …