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04-02-2021, 07:50 PM | #45 |
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If you think it's cool a publicly traded company confirmed a lie that moved their stock price, then let's hope you're far away from anything professional with money. Including your own!
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04-02-2021, 08:04 PM | #46 | |
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Beyond those millions of people |
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04-05-2021, 08:16 AM | #47 | |
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Did the SEC take any action? I think not as they agree with me. Even with Musk it was a $20 million charge and his was to another level. Likely still a good use of money for VW I read this - "If the SEC were to investigate the "Voltswagen" stunt, Whitehead said, it would likely look at whether the statement was intended to manipulate the company's stock price or if shareholders would consider a name change (or the fact that the name change was a joke) to be material information. Arguing either claim could be tricky."
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04-05-2021, 06:08 PM | #48 |
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Sure Dave, cause that's exactly how the SEC works:
If you're a publicly traded company who lied in press release, then confirmed the lie, and you don't hear from the SEC within 3 business days, that's the all clear! You can just go ahead and keep lying. |
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04-06-2021, 11:49 AM | #50 |
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04-06-2021, 01:44 PM | #51 | |
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Sorry things didn't work out for you.
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04-06-2021, 05:04 PM | #52 |
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Thanks man! I like to think it's the best free entertainment you can get in front of a computer at work.
Speaking of secret jokes and german translations ... If you're north of Stuttgart then I guess you don't get down to Southern Bavaria much? Cause FYI there "gruss gott" has a different meaning, one that matches my pic. Give it a shot - walk up to anyone in Munich and say, "gruss gott!"
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04-06-2021, 05:11 PM | #53 |
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I guess so Dave, I mean it's been FOUR business days now!
If federal government agencies are known for one thing it's speed and efficiency; so if we haven't heard by now, welp, that's the all clear! |
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04-29-2021, 04:28 PM | #54 | |
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@GrussGott called it.
https://www.motor1.com/news/504447/v...enaming-stunt/ Quote:
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04-29-2021, 04:42 PM | #55 | |
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According to Der Spiegel: The investigations are at an early stage, at the beginning of April the authorities requested information from the Wolfsburg-based company. When asked, the group confirmed that the SEC had requested information from the US subsidiary Volkswagen Group of America. VW cooperates with the responsible authorities.Of course the VW press office has a long history of lying so |
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04-30-2021, 12:49 PM | #56 |
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I still can't comprehend their actions. Even if it was leaked early, just say more details will announced soon, blah blah, April 1st rolls around, do the whole logo change thing, everyone get's that it's a joke. April 2nd, return to normal.
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