Comments on: Porsche Accused of Insider Trading on VW Stock

By: Bertel Schmitt

Bertel Schmitt — Thu, 30 Oct 2008 06:55:17 +0000

The Chinese press (remember, VW started the kar kraze here in 1984 with the joint venture with SAIC) is full with headlines about Germany’s government drawing a bead on VW/Porsche.

By: Landcrusher

Landcrusher — Thu, 30 Oct 2008 05:37:10 +0000

Ah, now I can’t see why I didn’t figure that out. Thanks, Bertel.

By: Bertel Schmitt

Bertel Schmitt — Thu, 30 Oct 2008 04:33:09 +0000

@Landcrusher: Note “from the day before.” The day before, VW closed at 900 and change.

When VW went pubic (typo intended,) the share was peddled as the “Volksaktie” – the “people’s share.” It’s back to its roots.

It’s a stock for jo-jos.

By: Landcrusher

Landcrusher — Thu, 30 Oct 2008 02:22:56 +0000

The math on this thing is clear as mud.

Would someone check the figures, or rewrite the text so that it makes sense?

Looks like it went from 510 to 519 which is a gain, not a loss, and none of those numbers are near 44% of any of the other ones. I may need more sleep, but it looks fishy to me.

By: John R

John R — Wed, 29 Oct 2008 18:27:39 +0000

@Robert Farago:

Text Amended!

By: autonut

autonut — Wed, 29 Oct 2008 18:07:22 +0000

And btw, is image of tulips signify that they are better suited on the organ then roses on the piano?

By: autonut

autonut — Wed, 29 Oct 2008 18:05:17 +0000

Some shrewd Krauts screwed some less shrewd Krauts. Where is harm in that? Don’t you wish that’s the only thing happened between 1938 and 1945?

By: Robert Farago

Robert Farago — Wed, 29 Oct 2008 17:56:28 +0000

John R.

Not to nitpick your nitpick, but that’s Wile E. Coyote.

By: Bertel Schmitt

Bertel Schmitt — Wed, 29 Oct 2008 17:44:41 +0000

@ John R: Guilty as charged. I’m getting old ….

By: John R

John R — Wed, 29 Oct 2008 17:41:39 +0000

…dropped like Roadrunner who suddenly realized he’s got nothing underneath him but thin air.

Not to nitpick, but that would be Wile E. Coyote. The Roadrunner always seemed to find a way to keep running despite the lack of traction.

By: Martin B

Martin B — Wed, 29 Oct 2008 17:29:03 +0000

If Porsche caught a few hedge funds for suckers, hooray!

Let the screwers become the screwees for a change.