Classic Short Squeeze

I thought this was amazing. Actually I don't know where I stand on this. In many ways, I don't think it's exactly fair that hedge funds get a free play on reverse risk arb. So this turns out to be more like poker. But then again, we probably WANT reverse risk arb because of the usual arbitrage is good arguments.

But to be fair, on this issue, I thought that Porsche played within the rules. No doubt the rules would have to be changed, I guess.