Volkswagen

HenryTo · Posted: Tue Oct 28, 2008 12:39 am Post subject: Volkswagen

Porsche engineers a major short squeeze/corner on Volkswagen common. The market cap of the latter now makes it the fourth most valuable company in the world:

http://www.ft.com/cms/s/0/2ce144b0-a456-11dd-8104-000077b07658.html

rffrydr · Posted: Thu Feb 16, 2012 10:46 pm Post subject:

It weren't purdy but we done got her done.

Puts make bottom-picking... possible.
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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Wed Nov 02, 2011 8:46 am Post subject:

Selling the Dec 35 TRW puts to try to take advantage of the poor earnings reception and a "free" shot at getting long. Germans biggest customer.

Volkswagen is determined to rule the world (and Audi is making that possible). TRW's biggest airbag supplier with airbag war no on (Scion has 11!). Expansion plans into china not crazy about but gotta be there, and timing, ironically, might be good.

Bet on china soft landing, big debt paydown and US growth. Europe stasis.
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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Sun Nov 28, 2010 11:58 pm Post subject:

In the heart of Dresden:

http://www.youtube.com/watch?v=nd5WGLWNllA&feature=player_embedded
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rffrydr · Posted: Mon Oct 25, 2010 7:17 am Post subject:

Where's our pumper???? Volkswagen up almost 30% since august blahs. Strange monster of a company bringing back the $85000 bentley based "volkswagen."
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rffrydr · Posted: Sun Nov 09, 2008 10:26 pm Post subject:

That's the way to run a car company in these troubling times:

http://www.marketwatch.com/news/story/story.aspx?guid=%7B3F455A41%2DB5B7%2D4DA9%2DBE90%2D8AA7CFDD098F%7D&siteid=rss
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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Thu Oct 30, 2008 8:32 am Post subject:

Odysseus · Posted: Wed Oct 29, 2008 9:28 pm Post subject:

I remember a news clip from last summer that stated that Porsche had drawn down their entire $20 billion dollar line of credit. Since they did not need the money in their business it seemed a curious move that at the time, looked defensive. Obviously not!

Wendelin Wiedeking may be the smartest guy in the room. Who knew Porsche was a hedge fund in drag???

I have new respect for the makers of my twin turbo. Their financial engineering appears equal to their mechanical.

I wonder if Porsche made enough to pay back their bank lines? There must be a book in this for someone. Cool

Regards
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HenryTo · Posted: Wed Oct 29, 2008 8:30 pm Post subject:

Some long-short equity funds who were short Volkswagen may also have been dumping their DAX or Western European long holdings in order to raise liquidity.

Very reminiscent of the Northern Pacific Corner in May 1901.

rffrydr · Posted: Wed Oct 29, 2008 1:08 pm Post subject:

Yesteday Volks was about 10% of the DAX leading to the strange situtation of DAX down with every stock except this one up. Exclamation

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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Tue Oct 28, 2008 12:30 pm Post subject:

And the new and improved Goldman Sachs was in on the re-short Razz

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Today is the Tomorrow you worried about Yesterday!