• 31 Oct 2008 at 10:11 AM

Know Your Porsche Volkswagen Victims

By

“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)

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Comments (44)

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  1. 1
    Posted by guest | October 31, 2008 at 10:13 AM

    no clue 10 you tosser

  2. 2
    Posted by guest | October 31, 2008 at 10:19 AM

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

  3. 3
    Posted by guest | October 31, 2008 at 10:20 AM

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

  4. 4
    Posted by guest | October 31, 2008 at 10:20 AM

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

  5. 5
    Posted by guest | October 31, 2008 at 10:21 AM

    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. 6
    Posted by guest | October 31, 2008 at 10:26 AM

    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. 7
    Posted by guest | October 31, 2008 at 10:35 AM

    I’m into man love
    The Guy from Delaware

  8. 8
    Posted by guest | October 31, 2008 at 10:41 AM

    What on earth is a car analyst?

  9. 9
    Posted by guest | October 31, 2008 at 10:44 AM

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

  10. 10
    Posted by guest | October 31, 2008 at 10:45 AM

    I’ve got a raging clue right now…

  11. 11
    Posted by guest | October 31, 2008 at 10:47 AM

    @#7 = Another TGFD imposter.
    The Guy from Delaware

  12. 12
    Posted by guest | October 31, 2008 at 10:55 AM

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

  13. 13
    Posted by guest | October 31, 2008 at 10:57 AM

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

  14. 14
    Posted by guest | October 31, 2008 at 11:12 AM

    Those Germans…are…..um…funny

  15. 15
    Posted by guest | October 31, 2008 at 11:14 AM

    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. 16
    Posted by guest | October 31, 2008 at 11:16 AM

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

  17. 17
    Posted by guest | October 31, 2008 at 11:18 AM

    what about LL Cool Jetta

  18. 18
    Posted by guest | October 31, 2008 at 11:26 AM

    @17. Awesome.

  19. 19
    Posted by guest | October 31, 2008 at 11:29 AM

    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. 20
    Posted by Anal_yst | October 31, 2008 at 11:29 AM

    Because the Phaeton was such an enormous success…

  21. 21
    Posted by guest | October 31, 2008 at 11:37 AM

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

  22. 22
    Posted by guest | October 31, 2008 at 11:37 AM

    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. 23
    Posted by guest | October 31, 2008 at 11:38 AM

    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. 24
    Posted by guest | October 31, 2008 at 11:38 AM

    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. 25
    Posted by guest | October 31, 2008 at 11:43 AM

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

  26. 26
    Posted by guest | October 31, 2008 at 11:50 AM

    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. 27
    Posted by guest | October 31, 2008 at 11:55 AM

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

  28. 28
    Posted by guest | October 31, 2008 at 11:59 AM

    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. 29
    Posted by guest | October 31, 2008 at 12:10 PM

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

  30. 30
    Posted by guest | October 31, 2008 at 12:18 PM

    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. 31
    Posted by guest | October 31, 2008 at 12:48 PM

    @#15…
    Good point. Maybe TGFD should register with DB and properly log in. I’m considering your suggestion. Thanks.
    The Guy from Delaware

  32. 32
    Posted by guest | October 31, 2008 at 12:50 PM

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

  33. 33
    Posted by guest | October 31, 2008 at 1:25 PM

    @ 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. 34
    Posted by guest | October 31, 2008 at 1:32 PM

    Please use more Routan Boom / Routan Bust jokes.

  35. 35
    Posted by guest | October 31, 2008 at 1:43 PM

    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. 36
    Posted by guest | October 31, 2008 at 2:08 PM

    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. 37
    Posted by guest | October 31, 2008 at 2:19 PM

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

  38. 38
    Posted by guest | October 31, 2008 at 2:20 PM

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

  39. 39
    Posted by guest | October 31, 2008 at 2:21 PM

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

  40. 40
    Posted by guest | October 31, 2008 at 4:14 PM

    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. 41
    Posted by guest | October 31, 2008 at 4:31 PM

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

  42. 42
    Posted by guest | November 1, 2008 at 1:19 AM

    #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. 43
    Posted by guest | March 16, 2009 at 2:06 PM

    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. 44
    Posted by guest | March 16, 2009 at 2:10 PM

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

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