If it’s too much to post my own following content, let me know. Still new here.
But I just made a write-up including the history of market corners and short squeezes since I find it relevant and teachable in times of the Tesla “mania”, so I thought some of you might enjoy reading it.
By studying the past, we might get a glimpse at the end. The vast majority of short squeezes end where they started. But it’s not that simple.
I look at history through the Piggly Wiggly market corner, Vanderbilt’s control of the main railroads into Manhattan, the Hunt Brothers bankruptcy, the Volkswagen short-squeeze, the current Tesla mania, and Ackman’s fight against Herbalife.
Cheers! Oliver Sung