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10-28-2008, 04:59 PM
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#1
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Sturgeon
Join Date: Oct 2000
Location: Columbia City
Posts: 3,502
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Can you believe VW?!!
The stock almost doubled today!!!!! Given this is traded on the German market but WOW.
Change:  448.50 (95.22%)
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10-28-2008, 05:01 PM
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#2
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Sturgeon
Join Date: Apr 2003
Location: On the river...
Posts: 4,169
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Re: Can you believe VW?!!
As soon as I find that TDi Jetta I've been looking for, I'll help inch it up a little more...
Must be all those women getting pregnant just to put German Engineering in their driveway...
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10-28-2008, 05:51 PM
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#3
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Ifish Nate
Join Date: Dec 2003
Posts: 2,187
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Re: Can you believe VW?!!
Quote:
Originally Posted by Twitchs_Tackle
As soon as I find that TDi Jetta I've been looking for, I'll help inch it up a little more...
Must be all those women getting pregnant just to put German Engineering in their driveway...
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No it's probably all the husbands thinking about Brooke Shields getting those women pregnant.
I was surprised to see Stallone driving a VW on one of the entertainment shows a couple of nights ago. Maybe he's thinking of Brooke too but he's old enough to be her dad.
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10-28-2008, 08:15 PM
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#4
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Sturgeon
Join Date: Mar 2006
Location: Vancouver,WA
Posts: 4,820
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Re: Can you believe VW?!!
I just don't see what drove that increase. Friends who have purchased a variety of VW models in the last year have been uniformly disappointed.
regards, aw
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10-28-2008, 08:23 PM
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#5
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Chromer
Join Date: Dec 2001
Location: Beaverton
Posts: 977
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Re: Can you believe VW?!!
Quote:
Originally Posted by adobe wall
I just don't see what drove that increase.
regards, aw
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Brooke Shields
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10-28-2008, 08:29 PM
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#6
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Super Moderator
Join Date: Jan 2001
Location: under the hat
Posts: 12,601
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Re: Can you believe VW?!!
Panicked Traders Take VW Shares on a Wild Ride
Quote:
That soaring value reflected engineering of a financial, rather than automotive, sort. It came as stock traders scrambled when Porsche, a rival seeking to build one of Europe’s great car dynasties, revealed it had increased its holdings in VW, giving it an economic stake equal to about 75 percent of the company’s voting shares.
The rise appears to have come from a short squeeze of historic proportions, as speculators who had borrowed the stock and sold it scrambled to buy shares. Many had expected the share price to fall after Porsche gained control and stopped buying shares.
Porsche said it made the announcement to give investors who sold the stock short “the opportunity to close their positions unhurriedly and without bigger risk.”
The opposite happened. The risk soared, and the short sellers were forced to act quickly.
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The traders have become full-on addicts and should be treated as such. They were given ample warning to act prudently and instead chose to pursue greed and irrationally generated a "market value greater than Apple, Philip Morris and Intel combined." Expect this one to crash hard.
__________________
The days are long but the years are short.
"This community is what it is, because our citizens are who they are." - Plato
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10-28-2008, 10:34 PM
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#7
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Tuna!
Join Date: Feb 2004
Location: Lebanon, Oregon
Posts: 1,467
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Re: Can you believe VW?!!
I will NEVER EVER buy a VW again!!!!
Same with Audi... they're VW too....
Nothing but TROUBLE.
And cost a FORTUNE to work on.
Next car gonna be a Honda. If you work on cars alot like me you may know what Im talking about.
Mike Collins
Last edited by SouthSantiamSlayer; 10-28-2008 at 10:48 PM.
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10-29-2008, 06:56 AM
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#8
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King Salmon
Join Date: Mar 2001
Posts: 21,813
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Re: Can you believe VW?!!
__________________
SHUT UP AND FISH!
Be pompous, obese, and eat cactus
Be dull, and boring, and omnipresent
Criticize things you don't know about
Be oblong and have your knees removed
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10-29-2008, 08:34 AM
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#9
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Tuna!
Join Date: Dec 2002
Location: Fire Lake
Posts: 1,730
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Re: Can you believe VW?!!
Quote:
Originally Posted by SouthSantiamSlayer
I will NEVER EVER buy a VW again!!!!
Same with Audi... they're VW too....
Nothing but TROUBLE.
And cost a FORTUNE to work on.
Next car gonna be a Honda. If you work on cars alot like me you may know what Im talking about.
Mike Collins
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Agreed.
If a person bought nothing but Honda cars, and Toyota trucks, they'd have a lot less to worry about, less to complain about, and more long term money in their pockets.
__________________
The thing about bad advice is that there is plenty of it out there, and many willing to give it.
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10-29-2008, 08:50 AM
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#10
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Tuna!
Join Date: Nov 2007
Posts: 1,378
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Re: Can you believe VW?!!
Quote:
Originally Posted by Penobscot
Agreed.
If a person bought nothing but Honda cars, and Toyota trucks, they'd have a lot less to worry about, less to complain about, and more long term money in their pockets.
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__________________
"There is in every American, I think, something of the old Daniel Boone--who, when he would see the smoke from another chimney, felt himself too crowded and moved further out into the wilderness" Hubert H. Humphrey
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10-29-2008, 08:58 AM
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#11
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Ifish Nate
Join Date: May 2008
Location: Portland Or.
Posts: 2,046
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Re: Can you believe VW?!!
I get a big kick out of the Brooke Shields ads. Talking about German engineering when the van is a re-badged Chrysler Town and Country with a updated interior.
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10-29-2008, 09:49 AM
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#12
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King Salmon
Join Date: Apr 2002
Location: Redd
Posts: 9,827
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Re: Can you believe VW?!!
Quote:
Originally Posted by Penobscot
Agreed.
If a person bought nothing but Honda cars, and Toyota trucks, they'd have a lot less to worry about, less to complain about, and more long term money in their pockets.
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We're happy with our Fords, chevy, pontiac and the Mitsubishi. Most of the work is oil changes and cleaning with some tires and brake pads once in a while, and the parts are cheap. They have improved a lot, mostly because they are trying to compete with the Japanese.
I wish the domestic outfits would become world leaders again, really its sad.
The German regulators are looking into possible insider trading, I hope they get a firing squad.
Brooke is aging pretty gracefully(43), I like the ads, kinda cute. The last bit of German engineering I had was my '72 Pinto engine. Funny, no one got pregnant trying to ride in that one.
__________________
Tight lines
Last edited by Chrome Bumper; 10-29-2008 at 10:08 AM.
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10-29-2008, 12:50 PM
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#13
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Tuna!
Join Date: Nov 2007
Posts: 1,378
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Re: Can you believe VW?!!
Quote:
Originally Posted by Chrome Bumper
We're happy with our Fords, chevy, pontiac and the Mitsubishi. Most of the work is oil changes and cleaning with some tires and brake pads once in a while, and the parts are cheap. They have improved a lot, mostly because they are trying to compete with the Japanese.
I wish the domestic outfits would become world leaders again, really its sad.
The German regulators are looking into possible insider trading, I hope they get a firing squad.
Brooke is aging pretty gracefully(43), I like the ads, kinda cute. The last bit of German engineering I had was my '72 Pinto engine. Funny, no one got pregnant trying to ride in that one.
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We may want to enjoy it while it lasts since GM and Chrysler will be synonymous and Fords won't exist. 
__________________
"There is in every American, I think, something of the old Daniel Boone--who, when he would see the smoke from another chimney, felt himself too crowded and moved further out into the wilderness" Hubert H. Humphrey
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10-29-2008, 01:40 PM
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#14
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Steelhead
Join Date: Jan 2003
Location: Aloha
Posts: 438
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Re: Can you believe VW?!!
I love my VW although it was built in 1967
__________________
I think the mistake a lot of us make is thinking the state-appointed shrink is our friend.
--Jack Handey
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10-29-2008, 03:45 PM
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#15
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Steelhead
Join Date: Aug 2008
Location: Beaverton, Oregon
Posts: 328
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Re: Can you believe VW?!!
i've have nothing but VW's all my life they are the best running cars ever i have a 97 jette 2.0 aba 16v turbo my first was a 1969 bus put the 1600cc in it air cooled wish i still had that thing have a 1986 rabbit puting a vr6 twin turbo in it "track only" making it rwd with a r32 under will be fast as well you know......
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10-29-2008, 04:22 PM
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#16
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Chromer
Join Date: Jun 2007
Location: Woodburn
Posts: 750
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Re: Can you believe VW?!!
Funny, I received a notice of a class action law suit concerning my VW Passat yesterday. This on top of taking it in on a recall notice (same issue) and being told that at 150k I basically need to replace most of the front suspension components to the tune of $1k. Aside from a late 60's VW, this IS the last one I'll buy.
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10-30-2008, 05:49 PM
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#17
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Join Date: Mar 2003
Location: Tigard
Posts: 1,965
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Re: Can you believe VW?!!
The European union is looking into stock price manipulation on the VW stocks. I would be VERY careful about that stock.
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10-30-2008, 10:49 PM
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#18
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Tuna!
Join Date: Feb 2004
Location: Lebanon, Oregon
Posts: 1,467
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Re: Can you believe VW?!!
Look up how many recalls there are on most VW's...
TONS of them!!
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Twitchs_Tackle
