that is interesting if that is true, if they were using U.S. traded shares, the foreign bank would need to hold there shares, there should have been significant buying by the foreign German bank. They must hold our shares then issue a derivitave off of that... Therefore the price in Germany will be tied to actions of the company, since the amount of shares held by the bank remain in the bank, it isnt really a matter of supply and demand since it is tecnhically a seperate issue. Do we know for certain we have ADR status, is there an equivalent in Germany since I doubt they use an AMERICAN depository receipt... lol