Author Topic: At last a Porsche in my driveway!!  (Read 1418 times)

Offline No Golf Clubs at all

  • I live here
  • *****
  • Posts: 963
At last a Porsche in my driveway!!
« on: 29 October 2008, 12:08 »
http://news.bbc.co.uk/1/hi/business/7697082.stm

Can I now at last say that I own a Porsche?   :laugh: :laugh: :laugh:

One in the eye for the ol' hedge fund muppets who helped get us into this sorry financial state.  :rolleyes:

Let the fun begin........Red Gti, full colour coding, DSG, Xenons, Winter pack, Lux pack, Highline, Sat Nav, Sunroof, Leather, Milltek, ABT rear valance, Goodyear F1 Asymmetrics....pescaras :-)

Offline Organisys

  • I live here
  • *****
  • Posts: 3,332
  • Old and Slow...
Re: At last a Porsche in my driveway!!
« Reply #1 on: 29 October 2008, 12:12 »
75% stake phew, they have done it then.

... it's turned into a fashion show for poofters.

Offline orbit48

  • GTI forum regular
  • ***
  • Posts: 121
  • OAK GREEN VALVER is no more.....
Re: At last a Porsche in my driveway!!
« Reply #2 on: 29 October 2008, 21:35 »
BILLIONS....MILLIONS....TRILLIONS....G-ZILLIONS.....i'm even more confused now than i was to start with ! ! !

Offline OakeyDoak16v

  • I live here
  • *****
  • Posts: 1,063
Re: At last a Porsche in my driveway!!
« Reply #3 on: 30 October 2008, 01:39 »
"It meant that because Porsche had not declared the proportion of VW shares it controlled, traders may have been indirectly and inadvertently borrowing shares from Porsche, selling them to Porsche, buying them back from Porsche and then returning them to Porsche."   :huh: :laugh:
« Last Edit: 30 October 2008, 01:41 by OakeyDoak16v »

Offline haf1zur

  • Here all the time
  • ****
  • Posts: 301
Re: At last a Porsche in my driveway!!
« Reply #4 on: 30 October 2008, 14:25 »
yep, and now, since theres only 5% of the shares out in the market, the short sellers owe porsche or lower saxony or someone who owns the shares 13%

thats what put the value of the shares up, not enough shares out there