VOW.DE aka Volkswagon
Porsche is lifting its stake in Volkswagon (the largest car maker in Europe) to 75% by the end of 2009.
The stock ranges from $325 to $625. It is at $520 as i type this.
Anyway, good companies are still companies despite the economy. And the thinking on Porsche part is will they have enough rich people to buy Porsche? So why not get in on the middle income target in Volkswagon.
These things still happen. Congrats to any trader who got in on this...