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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (4497)10/28/2008 7:46:01 PM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Yes, right... not for everyone. Some horsemen had to pull the VW train wreck. The ticket for the ride: An estimated thirty Billion to be borne by the merry band below:

de.finance.yahoo.com



To: Bill Wexler who wrote (4497)7/25/2009 9:18:13 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Fahrvergnuegen comes to an end. The Porsche gamble leads to its annihilation as it piled up EUR 14B in debt. As of today, porsche is considered insolvent in 14 days without the takeover by volkswagen.

The porsche board is ousted, and it is up to Volkswagen to pick up the pieces. A value for the porsche preferred stock is hard to assess but I am evaluating both porsche and vw stock as potential candidates to short; the combined entity will be saddled with a huge pile of debt.

Sadly, the end of the gamble does not make its prominent victim, Mr. Merckle alive again.

Message 25303220

The scum must go: derstandard.at



To: Bill Wexler who wrote (4497)8/24/2009 5:05:28 AM
From: RockyBalboa  Respond to of 6370
 
After many jolts and turns (and the trade-related suicide) the Volkswagen game finally awoke the otherwise sleepy german watchdog:

BRIEF-German finance watchdog eyes VW share price moves
FRANKFURT, Aug 20 (Reuters) - German financial watchdog Bafin: * German financial watchdog Bafin says has filed charges with Stuttgart prosecutor related to suspected market manipulation in connection with Volkswagen share movements
* Bafin says also looking at recent price movements in Volkswagen shares
* Bafin declines to name individuals targeted in its charges ((Frankfurt Newsroom; +49 69 7565 1272)) ((For more news, please click here [VOWG.DE-LEN]))