(September 22, 2015 at 6:01 pm)Parkers Tan Wrote: Nice-sounding apology from the CEO, but I doubt it'll be enough. Massive fines, 33% loss in share-value, and more importantly, loss in consumer trust ... VW's in for some rough years.
The stock got murdered yesterday too.
The thing is, buyers at this level might do OK, but I personally wouldn't touch it with a ten-foot pole, because who knows what other skellys are in the closet. Last time I purchased a badly beat up stock like that it did not end well.
