Know Your Porsche Volkswagen Victims

"I have hedge fund managers literally in tears on the phone," says one London-based car analyst. [FT]

Firm: Tactic With Respect to VW Holdings

Perry: Sticking It Out
Henderson: Sticking It Out
OZ Overseas Fund II, Ltd: Exited in October With ~1% Exposure
Greenlight Capital: Unknown
SAC: Unknown
Och Ziff: Unknown
Marshall Wace: Unknown
Odey Asset Management:Unknown
York Capital: Unknown
Glenview Capital: Unknown
Deutsche Bank: Unknown
Commerzbank: Unknown
Société Générale: Unknown

Final Tally:

Sticking It Out: 2
Exited: 1
No Clue: 10 (DB, Com, Soc adds)

Comments

1

Posted by guest , Oct 31, 2008 10:13AM

no clue 10 you tosser

2

Posted by guest , Oct 31, 2008 10:19AM

wow! that's a bigger mouthful the sue herrera's cock.

3

Posted by guest , Oct 31, 2008 10:20AM

wow! that's a bigger mouthful the sue herrera's cock.

4

Posted by guest , Oct 31, 2008 10:20AM

wow! that's a bigger mouthful the sue herrera's cock.

5

Posted by guest , Oct 31, 2008 10:21AM

I think Perry saying "Sticking it out" really means "We don't want to tip our hat that we fucked up and are dying to bail on this"

I'd also be surprised if any of the other places admit to more than "sticking it out".

6

Posted by guest , Oct 31, 2008 10:26AM

TGFD doesn't have a clue about those "Unknowns". I'm just being honest, that's all.

BTW, @#2,3,4...I like Sue Herrera. WTF makes you think she has a "cock"? Idiot.

The Guy from Delaware

7

Posted by guest , Oct 31, 2008 10:35AM

I'm into man love

The Guy from Delaware

8

Posted by guest , Oct 31, 2008 10:41AM

What on earth is a car analyst?

9

Posted by guest , Oct 31, 2008 10:44AM

@8 duh, like, jeremy clarkson?!?!
damn you are stupid

10

Posted by guest , Oct 31, 2008 10:45AM

I've got a raging clue right now...

11

Posted by guest , Oct 31, 2008 10:47AM

@#7 = Another TGFD imposter.

The Guy from Delaware

12

Posted by guest , Oct 31, 2008 10:55AM

poor hedgies...crying over the trade or b/c their wives are leaving them?

13

Posted by guest , Oct 31, 2008 10:57AM

I am a hedge fund CEO. What's a penis?

14

Posted by guest , Oct 31, 2008 11:12AM

Those Germans...are.....um...funny

15

Posted by guest , Oct 31, 2008 11:14AM

hey gay from delawhore if you're so concerned about who posts what why dont you log in under your name?! because you're a pussy, thats why.

16

Posted by guest , Oct 31, 2008 11:16AM

I don't know why you guys make fun of jettas. Just call me LL Jetta (Ladies Love the Jetta).

17

Posted by guest , Oct 31, 2008 11:18AM

what about LL Cool Jetta

18

Posted by guest , Oct 31, 2008 11:26AM

@17. Awesome.

19

Posted by guest , Oct 31, 2008 11:29AM

most of these guys will be sticking it out at least through next week b/c the DAX is reweighting Volkswagen from its current 27% weighting down to 10% on Monday. This will force all the DAX Index Funds who hold Volkswagen shares (which currently is about ~20% of the float)to dump their shares. So you will have selling pressure + increased liquidity next week, so maybe, just maybe it might trade a little more on fundamentals.

20

Posted by Anal_yst , Oct 31, 2008 11:29AM

Because the Phaeton was such an enormous success...

21

Posted by guest , Oct 31, 2008 11:37AM

its a shame nobodody wants to shell out 150k and still walk around with a vw keyhanger. it is a great car though..

22

Posted by guest , Oct 31, 2008 11:37AM

you left out Boston based Highfields Capital, the guys that came from Harvard Endowment,and now have 15 billion or so in their hf.. from their recently released 3q letter...

"'...we find it incredibly insulting, particularly given that the business fundamentals are deteriorating.....if this stock is not a fraction of its current price a year from now, we should retire."

23

Posted by guest , Oct 31, 2008 11:38AM

you left out Boston based Highfields Capital, the guys that came from Harvard Endowment,and now have 15 billion or so in their hf.. from their recently released 3q letter...

"'...we find it incredibly insulting, particularly given that the business fundamentals are deteriorating.....if this stock is not a fraction of its current price a year from now, we should retire."

24

Posted by guest , Oct 31, 2008 11:38AM

you left out Boston based Highfields Capital, the guys that came from Harvard Endowment,and now have 15 billion or so in their hf.. from their recently released 3q letter...

"'...we find it incredibly insulting, particularly given that the business fundamentals are deteriorating.....if this stock is not a fraction of its current price a year from now, we should retire."

25

Posted by guest , Oct 31, 2008 11:43AM

I love my Phaeton. Bought it used for $50k. Value investor!

26

Posted by guest , Oct 31, 2008 11:50AM

I find this whole thing absolutely delicious.

Hopefully this will shrink the financial services sector as a whole - something we desperately need - and we'll have new Joe the plumbers coming online to fix my toilet.


27

Posted by guest , Oct 31, 2008 11:55AM

@ 26
you find it delicious, really, as delicious as you find eating strangers ass in public toilets?
fucking wanker

28

Posted by guest , Oct 31, 2008 11:59AM

Anyone educated on this matter, is there any recourse on the apparent flagrant manipulation that has been done here by Porsche? Is this just a matter of, "Too bad suckers, now that we've screwed with your lol short positions, F off?"

And if that's the case, doesn't this make international investing a much less safe place, where good faith is just another set of 9 meaningless letters?

29

Posted by guest , Oct 31, 2008 12:10PM

28: what they did was legal in Germany... if you can't take the bruises don't play

30

Posted by guest , Oct 31, 2008 12:18PM

What's NOT legal is Porsche claiming one thing one week, then after the stock drops claiming another thing to manipulate the share price the next week. The fact is, they don't have the funds and can't borrow enough debt to get to 75% of VW. I call bullshit.

Why would you cover? There are few logical buyers above 200 Euro/share.

31

Posted by guest , Oct 31, 2008 12:48PM

@#15...

Good point. Maybe TGFD should register with DB and properly log in. I'm considering your suggestion. Thanks.

The Guy from Delaware

32

Posted by guest , Oct 31, 2008 12:50PM

27, when does your apprenticeship start because I have a clog here with your name on it.

You poor loser...

33

Posted by guest , Oct 31, 2008 1:25PM

@ 32
really, thats not a clog thats the sign you're supposed to hold up while waiting for me at the arrivals gate, and when i walk towards you, you run at me to carry my bags and open doors for me. then you drive me to wherever i need to be that day. thats your life now STFU.

34

Posted by guest , Oct 31, 2008 1:32PM

Please use more Routan Boom / Routan Bust jokes.

35

Posted by guest , Oct 31, 2008 1:43PM

CONSPIRACY NEWS

Porsche teamed up with broker who lent shorts to the bettors who went against, to make friends. Broker is richer for it.

36

Posted by guest , Oct 31, 2008 2:08PM

the irony of hfs literally "crying" over a short loss due to misinformation is ironic and laughable. not so fun when you aren't the one circulating the misinfo it would appear.

37

Posted by guest , Oct 31, 2008 2:19PM

I bet the guys at DB1 GY are pretty proud. Sweet revenge for HFs killing their ceo Seiffert a few quarters ago..

38

Posted by guest , Oct 31, 2008 2:20PM

I bet the guys at DB1 GY are pretty proud. Sweet revenge for HFs killing their ceo Seiffert a few quarters ago..

39

Posted by guest , Oct 31, 2008 2:21PM

I bet the guys at DB1 GY are pretty proud. Sweet revenge for HFs killing their ceo Seiffert a few quarters ago..

40

Posted by guest , Oct 31, 2008 4:14PM

33, you need to be in my bathroom on your knees using a monkey wrench on a u-joint - that's where you need to be.

And that's not Freudian imagery either.

41

Posted by guest , Oct 31, 2008 4:31PM

Apparently Chanos is sticking it out as well....Evaluator Speculator

42

Posted by guest , Nov 01, 2008 1:19AM

#13 I know this sounds weak but you post helps me make it through the day. Getting off the ledge right now, keep 'em coming. -Volkswagon CFO

43

Posted by guest , Mar 16, 2009 2:06PM


boo hoo - lets cry for a bunch of assinine managers betting on the demise of a manufacturing company.
These fund managers build nothing,and have now been exposed as knowing nothing,
and on top of that they are now going to begin whining over how their dice came up with the wrong numbers???
The financial industry is hitting an all time low - liars - whiners - money losers - scammers - idiots pretending to be geniuses - did I miss something?

44

Posted by guest , Mar 16, 2009 2:10PM

@43 - they are not hitting a low - just being unveiled

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