Woe! Dismay! China was artificially inflating their economy! OMG Surprise! Companies are super cash rich but not maintaining double digit growth every year so the economies are in disasters! The "entities" who control the markets are hilarious. I'm in it for the long haul so not super concerned at the losses right now but hopefully you flippers got out while the getting was good 
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
My brother (FA in DC) told me this morning he has had more people calling him this morning to buy than those worried about the economy, like literally taking crazy orders.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
 hopefully I can retire one day.
#99 - 2000 Civic Si (Future H2 Car, Former H1 car)
IPGparts.com, AutoFair Honda, Amsoil, QuikLatch Fasteners
NASA-MA Tech Inspector (Retired)
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'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
Today's episode should be at least as exciting as yesterday! Might open higher than Friday and then who knows!
The only thing that stops a bad guy with a van is a good guy with a van
So who's buying VLKAY? Wait another day?
The only thing that stops a bad guy with a van is a good guy with a van
Looks like people are buying it thinking the same thing you are to invest as it is starting to go up slightly. I'd buy now, imo. Don't think it will drop that much more
Edit: I think their stocks will level off soon. Unless more bad info comes out.
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I was tempted, but with US halting their sales I'd like to know if that'll happenelsewhere too...
Of course waiting for the bottom isn't much of a strategy, buying now and buying more later if it keeps falling might be wise.
The only thing that stops a bad guy with a van is a good guy with a van
BLINGMW Wrote:buying now and buying more later if it keeps falling might be wise.
That is a good idea
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Is it stupid to buy VW stock?
The mediaz are whipping up a frenzing about dieselgate potentially killing the company. I find that hard to imagine given the ridiculous size of the company and # of brands they have. Not looking for a short term ride so it doesn't matter if it takes a couple years to bounce back. It was at $170/share before dieselgate, now its hovering around $90.
Now: 07 Porsche Cayman S | 18 VW Tiguan
Then: 18 VW GTI Autobahn | 95 BMW M3 | 15 VW GTI SE | 12 Kia Optima SX | 2009 VW GTI | 00 BMW 540i Sport | 90 Mazda Miata | 94 Yamaha FZR600R | 1993 Suzuki GS500E | 2003 BMW 325i | 95 Saab 900S
No, there is no way it will end the company. They'll be bailed out if it gets thay bad. I'd invest they'll bounce back over a longer period of time
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I talked to my brother about it and he recommended to wait until they find out exactly what the fines and total financial fallout will be. They are saying the fines alone will eclipse the BP oil spill fines, plus all of the liability that exists (the lawyers scrambling to file class action suits against them) could get close to $100B. If you're gonna buy low it might make sense to wait for that...I doubt this will "kill" the company but there is a lot more financial impact to VW right now than just US EPA fines. I read even the IRS is investigating due to the ~$100M or so in tax breaks that were given for clean / energy efficient vehicles they sold in CA.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
Yeah I'm holding out, checking the news and stock prices every morning, hoping I can catch them near the bottom of the curve.
Now: 07 Porsche Cayman S | 18 VW Tiguan
Then: 18 VW GTI Autobahn | 95 BMW M3 | 15 VW GTI SE | 12 Kia Optima SX | 2009 VW GTI | 00 BMW 540i Sport | 90 Mazda Miata | 94 Yamaha FZR600R | 1993 Suzuki GS500E | 2003 BMW 325i | 95 Saab 900S
Anyone getting down on RACE?
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Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
If anyone uses BoA / Merrill and is a member of their Preferred Rewards program, I got some great advice today from my brother on how to maximize your financial footprint and get and keep your qualification level as high as possible. Feel free to shoot me a PM and I will walk you through it.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
Just went all in on DIS, F, AMZN, more CEF too. Holding out on BP and VLKAY for now. Still concerned that VW's inability to do diesel takes away a lot of their momentum and uniqueness. But BP is at a 20 year low, pretty tempting for a good dividend stock.
The only thing that stops a bad guy with a van is a good guy with a van
you've enticed me to get back into the market. plunked down on some bp and f. let's do this.
I Am Mike
4 wheels: '01 RAV4 (Formerly '93 Civic CX, '01 S2000, '10 GTI, '09 A4 Avant)
2 wheels: '12 Surly Cross-Check Custom | '14 Trek Madone 2.1 105 | '17 Norco Threshold SL Force 1 | '17 Norco Revolver 9.2 FS | '18 BMC Roadmachine 02 Two | '19 Norco Search XR Steel (Formerly '97 Honda VFR750F, '05 Giant TCR 2, '15 WeThePeople Atlas 24, '10 Scott Scale 29er XT, '11 Cervelo R3 Rival, '12 Ridley X-Fire Red)
No longer onyachin.
Also bought in on some Vanguard Mega Cap today with a CD that came due. Make that monayy
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
Everyone should buy lots of AMZN.
[This is because I want the price to go up and not because I have any information that impacts the stock price.]
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
Apoc Wrote:Everyone should buy lots of AMZN.
[This is because I want the price to go up and not because I have any information that impacts the stock price.] :lol: :lol:
They do ESOPs there for employees?
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
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