Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

This is a few weeks old but a friend just sent me a link to it and search turned up nothing. (AdminMod: if it is a dup please pull it.) I was wondering if things really went down like this...
1 posted on 01/26/2009 1:31:37 PM PST by the_devils_advocate_666
[ Post Reply | Private Reply | View Replies ]


To: the_devils_advocate_666
Porsche :-).
2 posted on 01/26/2009 1:32:30 PM PST by GOP Poet
[ Post Reply | Private Reply | To 1 | View Replies ]

To: the_devils_advocate_666

I’m no financier, but it appears from the description that Porsche quietly and deliberately bought (or essentially bought) VW at a pretty good price by simply buying shares on the open market.

The rest appears to be other investors misreading the situation and making bad (in hindsight, disasterous) decisions based on their assumptions. Instead of investing to build companies, they were trying to capitalize on market movements and ended up getting burned.


4 posted on 01/26/2009 1:49:17 PM PST by chrisser (The Two Americas: Those that want to be coddled, Those that want to be left the hell alone.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: the_devils_advocate_666
There's still truth in this famous old Daniel Drew couplet describing the short-seller's dilemma:
He who sells what isn't his'n
Must buy it back or go to prison.

5 posted on 01/26/2009 2:21:35 PM PST by snarks_when_bored
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson