Seems Volkswagen has worn out its welcome and might be asked to leave the DAX.
Deutsche Boerse AG, operator of the Frankfurt stock exchange, said in a statement today that from Nov. 3 it may at any time remove a DAX stock whose weighting exceeds 10 percent and whose share price over the preceding 30 trading days had annualized volatility of more than 250 percent.
Don't they realize that this move is just letting the Porsche Terrorists win?
Volkswagen May Face DAX Ouster as Deutsche Boerse Changes Rules [Bloomberg]
Posted by guest , Oct 31, 2008 2:23PM
hi
Posted by guest , Oct 31, 2008 2:24PM
Nice. It's been awhile since we've seen a hedge fund implosion.
Posted by VOL IS KING , Oct 31, 2008 2:37PM
Dear VW:
You are highlighting the uselessness of portfolio theory. If you continue to do so people will stop buying stocks. As we are a stock exchange, you can see why this would be problematic for our ongoing profitability. Please cease and desist having your share price go up and down.
Regards,
Deutsche Boerse
Posted by guest , Oct 31, 2008 3:11PM
3:45pm express arriving shortly.
Posted by guest , Oct 31, 2008 3:15PM
@4 Nah, too many people expecting the same thing. Not gonna happen, we end flat from now.
Posted by guest , Oct 31, 2008 3:15PM
ahhhhh. ratigan right now. hilarious
Posted by guest , Oct 31, 2008 3:16PM
"Workers at Top Wall Street Firms Give Millions More to Dems
Media echo liberal claim they represent Main Street not Wall Street, but Democratic candidates receive more cash from firms boosted by bailout.
By Jeff Poor
Business & Media Institute
10/31/2008 11:51:12 AM"
http://tinyurl.com/6qnb6l
Posted by guest , Oct 31, 2008 3:19PM
Gasparino reporting who waxman wants to "see" for the committee.
Posted by guest , Oct 31, 2008 3:21PM
WTF is the matter with gasbags face? He is sweating like he is in detox.
Posted by guest , Oct 31, 2008 3:22PM
@8- that information was out like, 2 weeks ago.
Posted by guest , Oct 31, 2008 3:22PM
Ratigan showing a bit more RESPECT today! Ha!
Posted by guest , Oct 31, 2008 3:23PM
Ratigan showing a bit more RESPECT today! Ha!
Posted by guest , Oct 31, 2008 3:23PM
RUMOR ALERT:
GMAC is potentially going to apply to be a bank holding company!
Posted by guest , Oct 31, 2008 3:23PM
RUMOR ALERT:
GMAC is potentially going to apply to be a bank holding company!
Posted by guest , Oct 31, 2008 3:27PM
@13,14
you late, son
Posted by HighYield , Oct 31, 2008 3:29PM
@13/14
Nice scoop... two days ago.
Posted by guest , Oct 31, 2008 3:48PM
3:45pm express...right on time.
Posted by guest , Oct 31, 2008 4:41PM
The Germans being anti finance capital?... no way
Posted by guest , Oct 31, 2008 7:34PM
close the $60 million Global Advisors Commodity Investment fund and the $5 million Global Commodity Index Plus fund and return money to investors
+ what ..your mother?
Louis Bacon is a greasy MF