here's the part that makes my heart bleed for the hedgies ... you know i'm kidding :)
The hedge funds alleged they were victimized when Porsche quietly bought nearly all the freely traded ordinary shares of Volkswagen as part of a plan to take over the company, contrary to its public statements that it had no plans to do so.
When Porsche revealed its holdings in October 2008, shares of VW soared, briefly making the company the world's biggest by market value.
This caused losses for the hedge funds, which had entered swap agreements and would have benefited from a decline in price.
=== gee a taste of their own medicine .. except for one teensy detail .. porsche ACTUALLY BOUGHT those shares in the open market .. no tricks .. no swaps .. no collusion .. no minions posting FUD 24/7 .. oh my .. sure hope a few ceo's are paying attn to what they did :)
== 4kids all jmo
10/5/07 -- there are no coincidences here ... oh and like many other longs .. not selling at this level --