.. i am keeping track of this news.. from what i can gather a car engine no longer has a mind of its own.. apparently by reconfiguring the software program they can force the engine to drive slower... they can cap the top speed .. and all other sorts of tricks.. this story was overblown in the press.. a software fix and a change of air filters could resolve this case.. simply... Vw still upside margin.. just hold longer and wait for the dividend..
had a buy order in for .303 for about a month there , never got filled as the lowest we touched was .309 ( i think )
cant see us dipping below 30 cents now , il try and get back in if we drop back to around .331 or thereabouts in the next month or so
had a reasonably nice trade on volkswagon myself over two weeks , bought @ 95 euro , unfortunately i sold @ 115 , stock is now @ 125 today ( up nearly 30% in less than ten days ) , looks like the emisisons scandal thing is dieing down
buying cheap and holding is the only way for the non experts ,beit with bkir or any other stock
I'd still like a few of the reconstructed shares - when it happens. But shades of BOI emerging from the grave several years ago, I initially was burned because of a second BOI call for capital. This time i'll avoid aib's (initial?) call for capital and buy when the sp drops back, prior to the 2nd call! The reasoning has something to do with aib struggling to get core tier one past 10, down the road.
2 theores....1st theory.... i think it goes back to investors fearing a royal mail scenario ,where their investmant was capped in the ipo and they want a potential share pack before ipo like permanent tsb did to guarintee their stake in aib in ipo .2nd theory.... by the time 25 percent of aib is sold it will be worth even more than today so the .025 price target of cantor fitzgerald will problbly naturally increase .
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