General Forum

Re: BOB:DC Bang & Olufsen A/S stock is going down...

Kokomo — Thu, 09 Oct 2008 09:53:13 GMT

mobeyone:
seanklemis:
my other vice is www.housepricecrash.co.uk be warned its very very addictive
I used to visit this site, full of nothing but loons and wannabe prophets of doom. There used to be a good number of posters who knew what they were talking about and had realistic opinions on the economy and its relationship with the housing market.
That said, every poster on this site thinks they know it all and everyday is practically a "black" day which is why many of the good posters have left.
Regarding the original post, shares will continue to bounce up and down for the foreeable future and well into 09, maybe even into 2010 before everything truly settles.
What we are looking at know will be discussed and digested for years to come, and will probably become a part of many a degree course in years to come on what can go wrong when greed takes control.

Somewhat ironic that an implied criticism of wealth accrued through greed is posted on a site dedicated to discussions of a luxury product by a company whose very existence and future survival is, arguably, in the hands of 'the greedy'.

Re: BOB:DC Bang & Olufsen A/S stock is going down...

mobeyone — Thu, 09 Oct 2008 08:14:50 GMT

seanklemis:
my other vice is www.housepricecrash.co.uk be warned its very very addictive

I used to visit this site, full of nothing but loons and wannabe prophets of doom. There used to be a good number of posters who knew what they were talking about and had realistic opinions on the economy and its relationship with the housing market.

That said, every poster on this site thinks they know it all and everyday is practically a "black" day which is why many of the good posters have left.

Regarding the original post, shares will continue to bounce up and down for the foreeable future and well into 09, maybe even into 2010 before everything truly settles.

What we are looking at know will be discussed and digested for years to come, and will probably become a part of many a degree course in years to come on what can go wrong when greed takes control.

Re: BOB:DC Bang & Olufsen A/S stock is going down...

Seanie_230 — Thu, 09 Oct 2008 08:07:26 GMT

shares are all over the place at the mo and the market is crashing with the government trying all they can to prop up high prices so the FTB cannot buy or can buy and end up in debt forever with a huge mortgage.

my other vice is www.housepricecrash.co.uk be warned its very very addictive

Re: BOB:DC Bang & Olufsen A/S stock is going down...

Dave — Thu, 09 Oct 2008 07:52:21 GMT

The entire market is funny at the moment... yes will be interesting to see where shares are in 12 months

Re: BOB:DC Bang & Olufsen A/S stock is going down...

tournedos — Thu, 09 Oct 2008 06:50:58 GMT

Highly underrated, I'd say. That's why I bought some yesterday

The near future will be interesting times for people with cash to spare...

BTW the report came out hours ago. Nothing alarming, now just need to hope that the buying public in the UK didn't drop all their money into northern Atlantic...

Re: BOB:DC Bang & Olufsen A/S stock is going down...

Thu, 09 Oct 2008 06:39:35 GMT

BOB:DC Bang & Olufsen A/S stock is going down...

Coolskin — Thu, 09 Oct 2008 06:37:28 GMT

I have the App Bloomberg installed on the iPod Touch. And was browsing for B&O info.

I was shocked.

Summary of the last 52 weeks: high 635, low 125, now 147.

Quote Bloomberg Oct. 9-2008:

Bang & Olufsen A/S (BOB DC): The Danish maker of luxury consumer electronics is scheduled to report earnings of the first quarter through August tomorrow. The shares fell 16 kroner, or 10 percent, to 141 kroner.

I hope for the best.