Comments on: Economic conditions force Porsche to delay majority acquisition of VW http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html Car news, reviews, and specs for the auto-industry Sat, 11 Feb 2012 02:54:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: THellURider http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421460 THellURider Thu, 27 Nov 2008 19:43:57 +0000 http://www.leftlanenews.com/?p=12050#comment-421460 Well, interestingly, Porsche caused this high valuation of VW when they announced that head options to take a 75% stake in the firm. Bavaria owns a 16% or so stake in VW, so the price jump was due to the number of investment banks that had millions worth of derivatives betting that VW shares would climb; however the more or less 9% free float left them all running scared to cover their short positions and thus; the price jumped as demand went through the roof. Banks lost MILLIONS that day. http://www.forbes.com/2008/10/28/volkswagen-porsche-closer-markets-equity-cx_ll_lal_1027markets46.html I'd be very surprised if they didn't act on it. Maybe this is just a tactic to get people to back away from the stock a little. These things aren't as frowned upon in Germany as they are in the US. Well, interestingly, Porsche caused this high valuation of VW when they announced that head options to take a 75% stake in the firm. Bavaria owns a 16% or so stake in VW, so the price jump was due to the number of investment banks that had millions worth of derivatives betting that VW shares would climb; however the more or less 9% free float left them all running scared to cover their short positions and thus; the price jumped as demand went through the roof. Banks lost MILLIONS that day.

http://www.forbes.com/2008/10/28/volkswagen-porsche-closer-markets-equity-cx_ll_lal_1027markets46.html

I’d be very surprised if they didn’t act on it. Maybe this is just a tactic to get people to back away from the stock a little. These things aren’t as frowned upon in Germany as they are in the US.

]]> By: stick2clutch http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421431 stick2clutch Thu, 27 Nov 2008 16:06:54 +0000 http://www.leftlanenews.com/?p=12050#comment-421431 @FAN, exactly my point. @FAN, exactly my point.

]]> By: scratchy http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421422 scratchy Thu, 27 Nov 2008 15:05:54 +0000 http://www.leftlanenews.com/?p=12050#comment-421422 Porsche wanting to own VW is a family obsession more than anything. Porsche wanting to own VW is a family obsession more than anything.

]]> By: fan http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421396 fan Thu, 27 Nov 2008 09:07:11 +0000 http://www.leftlanenews.com/?p=12050#comment-421396 why would they buy VW at their current high? theyd be QUITE ill advised if they did, itd be burning money, and THAT would be outright stupid why would they buy VW at their current high? theyd be QUITE ill advised if they did, itd be burning money, and THAT would be outright stupid

]]> By: johnnycanuck http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421386 johnnycanuck Thu, 27 Nov 2008 04:55:20 +0000 http://www.leftlanenews.com/?p=12050#comment-421386 The last time I had economic conditions delay a majority acquisition I ran out of quarters. The last time I had economic conditions delay a majority acquisition I ran out of quarters.

]]> By: mayer_ray_nagin http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421367 mayer_ray_nagin Thu, 27 Nov 2008 01:15:00 +0000 http://www.leftlanenews.com/?p=12050#comment-421367 Ach du scheisse! Wie die mächtige gefallen sind! Ach du scheisse! Wie die mächtige gefallen sind!

]]> By: stick2clutch http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421356 stick2clutch Thu, 27 Nov 2008 00:21:38 +0000 http://www.leftlanenews.com/?p=12050#comment-421356 This articall is a bit deceiving. Porche profited 8.56 billion euros in the last fiscal year. Seven of which were generated by holdings in VW. This was 46 percent higher than last year. Decline in auto sales had nothing to due with it. This articall is a bit deceiving. Porche profited 8.56 billion euros in the last fiscal year. Seven of which were generated by holdings in VW. This was 46 percent higher than last year. Decline in auto sales had nothing to due with it.

]]> By: A4 http://www.leftlanenews.com/economic-conditions-force-porsche-to-delay-majority-acquisition-of-vw.html#comment-421355 A4 Thu, 27 Nov 2008 00:20:09 +0000 http://www.leftlanenews.com/?p=12050#comment-421355 GOOD THATS WHAT YOU GET GOOD THATS WHAT YOU GET

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