As we stated there is little that the title of German manufacturer Volkswagen challenged the crisis, as seems to be the case now.
The action of the VW group - certainly fan of roller coasters in recent times - has lost more than 20% in Monday afternoon.
According to brokers, the title would be penalized by a newspaper article ... unless this is the effect of speculation.
The U.S. financial magazine Barron's described in effect in its latest edition action as "one of the most headline-evaluated on the world."
In recent weeks the title of the German automaker appeared to move in the opposite direction of the law of contracts. While stocks collapsed, the activities of the "People's Car" was flying so far to record after record.( Finance Information City )
The price variations have reached up to 50% on a same meeting that, given the share price, resulting in fluctuations of several billion euros of its market capitalization.
The intentions of its shareholder Porsche, which wants to take control of the group in the near future, are certainly not foreign to these movements, but do not explain everything.
Recall that Volkswagen is being bought by his compatriot Porsche, which already holds more than 35% of the capital and aims to exceed the threshold of 50% by the end of November.
For months, Porsche holds stock options, concluded with banks. But they saw the approaching deadline, have been the first time in a massive purchase of securities to meet their commitments.
Speculative funds were also betting on a fall in the title via the principle of selling.
According to brokers Monday, the next resistance level of action to lower lies at 250 euros.
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