spy vs spy

You can’t fight the Fed. The share buyback parade looks like it will be accelerating further before it shows signs of moderating. So if you have been waiting for market frothiness to subside, then clearly this was not your week. And next week isn’t looking very likely either.  During holiday-shortened trading weeks, we often see…

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Volkswagen Infinity Squeeze.  The October 2008 short squeeze on shares of Volkswagen AG has since been referred to as the “Mother of all Squeezes”. It was also perhaps the earliest use of the term “Infinity Squeeze”.  It was during the middle of the worst financial crisis since the Great Depression, and Volkswagen was increasingly being…

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KaloBios (KBIO) Infinity Squeeze.  In November 2015, “Pharma Bro” Martin Shkreli orchestrated a violent short squeeze on failed biotech KaloBios that caused its share price to rise by a staggering 10,000% in just five trading days.  KBIO had been perceived by short sellers as a “no brainer near term zero”.   KBIO’s only real drug had…

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