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When stock is down 35%, I'm sure stakeholders want to do something to reverse the direction. This is a highly visible change.
by flixic 11y ago
When stock is down 35%, I'm sure stakeholders want to do something to reverse the direction. This is a highly visible change.
- HeyLaughingBoy 11y agoSo, how many on HN are going to admit to buying up VW stock right now?
- mrgordon 11y agoMay it go to zero. If the penalties get high enough, I could see bankruptcy wiping out shareholders.
- flyinglizard 11y agoGerman government is never-ever going to let this happen. Lower Saxony (IIRC) is a considerable shareholder in VW AG.
- mirceal 11y agobuying VW stock makes perfect sense. you look at what the value of the company is and when you see a large disconnect between the value and the stock price you buy.