VW shares up 54 % on Porsche move

hmmm, would ordinary investors get the same VIP treatment? I think not!

 

"We added to the position when it spiked against us..........."

Bye Bye!!!!

http://dealbreaker.com/images/thumbs/Greenlight Capital Letter (1-Oct-08).pdf

 

I got in at 200 on monday I think I'm up a lot

 

Too bad you got the buy and sell button mixed up again...

 

Yes me too at 200.. Very nice, brotha!

 

Volkswagen AG rose the most in more than two months in Frankfurt trading as a potential agreement by Europe’s largest carmaker to combine with Porsche SE prompted short-sellers to buy stock to cover bets the price would drop.

Volkswagen gained as much as 27.51 euros, or 12 percent, to 257.20 euros, its biggest intraday jump since March 26, and was trading at 257 euros as of 1:07 p.m. in Frankfurt. The stock was up 2.8 percent in the week through yesterday. It declined 15 percent in the first five months of 2009.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a2Pcav5H0x_U&refer=home


Never ending story...Short sellers still nothing learnt...

 

lol

They should move on from selling carmakers to selling precious metals.

 

Back down at 110 euros on the back of this scandal - anyone tempted to buy in ?