VW stock

"Supreme Chancellor and Glorious Leader SaveTheIntegras" (jegoingout) 09/28/2015 at 22:09 • Filed to: None

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How dangerous is it to buy? I fully expect it to keep dropping so I’m not going to go log onto E trade and buy 100 stocks tomorrow but am interested in doing so when this all bottoms out and a rebound begins. I’ve seen people say “buy buy buy!!” to “wait it’ll drop more” to “HAHA do you want to be poor?!”

Dwhite - Powered by Caffeine, Daft Punk, and Corgis > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/28/2015 at 22:19

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Avoid for the time being. This is far from over

Supreme Chancellor and Glorious Leader SaveTheIntegras > Dwhite - Powered by Caffeine, Daft Punk, and Corgis 09/28/2015 at 22:23

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Outside of their investors now filing a law suit...what could possibly get worse?

lone_liberal > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/28/2015 at 22:27

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For a non-professional, trying to time the market is usually a mistake as the pros have more information than you do and you will usually be a step, or ten, behind. Buy for the long term once it seems that VW has a solid plan to deal with whatever penalties are levied and you think they are fundamentally sound.

Patrick Nichols > lone_liberal 09/28/2015 at 22:35

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I’d ignore the traditional “experts” opinions and look towards people like Nate Silver. The future of investing is in big data that is ahead of the curve. Silver bought into Facebook shortly after their IPO when the stock fell from ~$40 per share to about $15 and then bounced right back despite the traditional economists saying to stay away from their stock.

OPPOsaurus WRX > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/28/2015 at 22:43

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I’d wait for the final terms of there punishment to come out. That will probably make it drop again. After that you’d probably be good. I mean it can only go so low.... right?

lone_liberal > Patrick Nichols 09/28/2015 at 22:46

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I would point out that the example you gave doesn’t really fit as no forces outside of the markets were at play. Here we don’t know how many governments are going to go after VW and how much each is going to hammer them, and how. You have unknown piled on unknown. Sure, if I already had the stock I would hold it but investing now would just be gambling. How many false bottoms is it going to hit as each penalty is announced? We don’t know. I would agree that if somebody like Silver gave a “buy” recommendation that it would be time to think seriously about it.

Supreme Chancellor and Glorious Leader SaveTheIntegras > OPPOsaurus WRX 09/28/2015 at 22:48

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well...lawsuits from investors, governments gonna hammer them to death....I’d assume it’ll go really low

Berang > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/28/2015 at 22:53

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I would buy some now - just don’t expect it to go up in the short term. You know VW is a big company - and they’re not going away.

I WISH I had bought Kodak stock when they were bankrupt and shares were selling in the penny stocks. It took a while to start going back up - but hey they’re still around even after bankruptcy.

Patrick Nichols > lone_liberal 09/28/2015 at 23:03

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Fair enough, I was just pointing out that some big time analysis of the stock is worth looking into and looking past the traditional economists. Silver had the upper hand with Facebook because it was a relatively new thing for a social media site to be going public with a relatively unknown/unproven plan for long term financial success. I think it is also relatively uncharted waters surrounding VAG in the sense that they seem to be of the “too big to fail” variety and will never react quite the same way as a smaller company

lone_liberal > Patrick Nichols 09/28/2015 at 23:09

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Yep, but they might go the way of Old GM/ New GM after a bankruptcy too. Lots of moving parts in this one.

Frenchlicker > Supreme Chancellor and Glorious Leader SaveTheIntegras 09/28/2015 at 23:29

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I’m not really the investment type but when it seems they have bottomed out I am certainly going to buy.Not a recommendation but here is my plan, what to see what the fallout is in the next three or so months and then decide if it is right to invest.

Patrick Nichols > lone_liberal 09/29/2015 at 09:16

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The thing is I think they’re bigger and more global than Old GM, but I wouldn’t be surprised if some of the performance brands made moves to be more independent from VAG. I’m not totally versed with how ownership works between VAG and Porsche, Lambo, or Bugatti so that would also have to be a factor. I do have a feeling that this will delay some of the halo cars for all the brands though, specifically the Chiron or whatever they’re calling it.