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Re: Stockman63 post# 15699

Sunday, 12/21/2014 10:47:58 PM

Sunday, December 21, 2014 10:47:58 PM

Post# of 117359
VW was the most heavily shorted stock on the planet at that time, so it's not a realistic analogy. Days to cover was around two dozen. Crowded trade was an understatement. It made the yen carry trade look like a picnic in comparison. It was the ultimate lesson in not joining an already crowded trade