Day October 28, 2008

Big Oil for Obama

Yup. apparently even Big Oil wants Obama to win because then the US would presumably have friendlier relations with countries like Venezuela and Iran, and this would make it easier for the OilCos to make deals there with less worry…

Mother of all short squeezes

Bloomberg chart Volkswagen stock has been heavily shorted. This means traders borrowed shares, sold them, expecting to buy them back at a cheaper price and pocket the profit. It closed at about 200 on Friday. Over the weekend, Porsche they…

Frontier justice

Pat Oliphant. 10-27-08 Take special note of who the little guy is that’s asking”Who’s in the cart?”, and the response from the person in the crowd.