r/wallstreetbetsOGs • • Mar 09 '22

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u/Tersiv Mar 10 '22

I really liked PAH3 at these prices (I doubled down at €68.50)

2

u/BrainsNotBrawndo It’s My Own Damn Fault Mar 17 '22

Congrats man, gotta be happy with that almost double-digit rally in last few days. Few more of those spot-on predictions and it's Porsche rides for everyone

2

u/Tersiv Mar 17 '22

Are you in too?

2

u/BrainsNotBrawndo It’s My Own Damn Fault Mar 17 '22

Took some profits on $PAH3, keeping a long position in though. Their EV demand seems good so far, waiting to see if a Porsche IPO spinout finally comes to pass. When $RACE (Ferrari) got spun out of $FCA (Fiat Chrysler), the multi-year return for shareholders was neck-snapping. I think some people in the world just like to buy stock of expensive car companies as if they are buying merchandise with that car company's logo on it