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Old 10-27-2008, 08:42 AM   #1
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Anyone watching what is happening to the Volkswagen stock?

A company already worth 90bn euro yesterday more than DOUBLES within a single day
http://finance.yahoo.com/q/bc?s=VOW....=on&z=m&q=l&c=
currently at 448euro
making it FARRRR bigger than any other car company (incl. TM)

just thought id share
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Old 10-27-2008, 08:47 AM   #2
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how the fuck is that possible
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Old 10-27-2008, 09:11 AM   #3
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Maybe it's got something to do with this:

Volkswagen Doubles as Porsche's Stake Move Reduces Free Float

http://www.bloomberg.com/apps/news?p...pFk&refer=home
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Old 10-27-2008, 09:36 AM   #4
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Quote:
Originally Posted by Gasper View Post
Maybe it's got something to do with this:

Volkswagen Doubles as Porsche's Stake Move Reduces Free Float

http://www.bloomberg.com/apps/news?p...pFk&refer=home
in part yes
that plus the free float is decreasing day to day
plus short sellers that get screwed by rising prices that have to cover positions
...
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Old 10-27-2008, 09:39 AM   #5
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it was over 600euro a couple of minutes ago
thats a plus of more than 200%
that is 100% more than when i initially posted the thread lol
that means VW is bigger than all car companies listed TOGETHER if i am not mistaken
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Old 10-27-2008, 09:41 AM   #6
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Ford is down to $2.00 per share
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Old 10-27-2008, 09:55 AM   #7
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interesting, thx
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Old 10-27-2008, 10:19 AM   #8
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Good for them..
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Old 10-28-2008, 03:04 AM   #9
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another double up today
at times about 1000euro making it the most expensive company in the world, bigger than exxon
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Old 10-28-2008, 03:08 AM   #10
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Thats pretty unprecedented I didnt see that comming or I would have thrown down on that Suppose thats what I get for not watching the market in the past two weeks cuz of the drop's. Every day I have lost money from this drop in the market, I couldnt bare to watch anymore and just let my portfolio sit till recovery.
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Old 10-28-2008, 01:49 PM   #11
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Nope I am not
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