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If the share price drops below the price the shares were issued at it just means the company issues more shares to cover the original amount meaning they have to convert billions. You have no idea how this works.
The o/s is actually 438 million that website has the wrong numbers.
I won't kick the horse I'll just shoot it in the head.
Who are you talking to?
Looks like this turd is on its last legs.
It sure does trade like one. I've been watching this do nothing but go down for over 500 days. The management at this co appear to be career scumbags and are involved with another pos stock.
Over 8 million in liabilities as of last q.
Probably never it's a scam
The pump and dump was a one time deal won't happen ever again this is just another pos that'll hit triple 000's one day.
(buy 662,649) (sell 593,323) (? 110,226)
Ugh. How is a scam like this even traded this much.
Looking like a good entry
They should stop creating these scam efts seriously what a pos ??
Good entry right here
Still here
Impressive day today.
http://www.cbc.ca/news/business/volkswagen-emissions-recall-1.3238329
This is where i got the info from. This will be a mess for a while i think.
thats a lot of cars....
The CEO of Volkswagen says he is "endlessly sorry" for the ongoing emissions scandal that has now widened to include 11 million cars, but pushed back at calls for his ouster by saying he is committed to getting to the bottom of the mess.
Martin Winterkorn made the statement in a video message after the automaker admitted that some 11 million cars worldwide had been affixed with software designed to ace emissions tests when in reality the cars had nowhere near the same readings under normal use. In some cases, the vehicles would be emitting as much as 40 times the allowable pollution limit, despite having passed official emissions tests with flying colours.
thats a lot of money....
The German automaker said it will set aside 6.5 billion euros ($9.6 billion Cdn) in its current quarter to deal with repairs and other service issues related to the recall of 11 million vehicles worldwide.
The company's Canadian arm says five diesel models are affected, including:
The VW Jetta — model years 2009-15.
The VW Golf — from 2010-15.
The VW Beetle — from 2013-15.
The VW Passat — from 2012-15.
The VW Golf Wagon/Sportwagon — from 2009-15.
About 25 per cent of Volkswagen's vehicles worldwide are affected, but the figure is more than all the cars that Volkswagen sold last year. At least two class action lawsuits have been launched in the U.S. seeking punitive damages on behalf of former drivers and buyers.
The $9.6-billion figure cited by the company is merely for the actual repair work, and doesn't include any fines or legal costs. The EPA has indicated that it could, in theory, fine VW up to $18 billion.
On Tuesday, Environment Canada said it had begun an investigation into use of a "defeat device" to get around emissions testing rules to determine if there had been a violation of Canadian law.
Approximately 100,000 Volkswagen and Audi four-cylinder diesel cars of the model years 2009-2015 were sold in Canada, it said.
Many have suggested the true cost will end up being much, much more. "I don't think this is a life-threatening event, but it's clear it's going to be very expensive," said Christian Stadler, professor of strategic management at Warwick Business School.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117153810 forgot to hit reply.
i check in here every once and awhile never post tho.
This is gonna become a pos real quick
what about the monthly?https://www.tradingview.com/x/7DfYgPD0/
Lol
That's embarrassing.......
The death cross just started the last time it happened in 2011 it lasted a couple of months right now I think people are just catching a falling knife. http://schrts.co/Yt8Uzj
Just said on CNBC that aapl is down 20.1% from all time highs and is now in a bear market
This is interesting.
Why would they buy back shares at 110 when anyone with a pulse can see that the death cross will drive this into the depths?
wow the low for the day on the dow was 17125.81 and for the par sar to flip on the monthly on the dow is 17125.81......
9.94 to go for dow death cross http://schrts.co/e10ICJ
23 points to go for the dow death cross lol http://schrts.co/7mWbG8
it looks like a death cross might happen http://schrts.co/6MhD4M
This is a good entry price.
Do you know why the price has been Declining for a few months?
But for the past year you have been saying youve been buying cheapies and proclaiming got pyxn u know I do.
Doesnt capitulation happen only once?