Where is Volkswagen heading?

The price of Volkswagen has been falling since 10 April 2015, when it closed at EUR 253.20, and closed yesterday at EUR 165.40, a drop of 34.7% in a little over five months. Yesterday alone, it fell by 3.2%.

The recall of half a million cars in the USA, ordered by the US Environmental Protection Agency, probably had something to do with yesterday's dive. It was found that some models had a device installed that disguised pollution levels when the cars were being tested and showed a lover rate of pollution. This recall will cost Volkswagen an estimated USD 18 billion.

http://www.bbc.co.uk/news/world-us-canada-34298259

Buying opprtunity for Swisscom (SCMN)?

Yesterday's closing price of Swisscom (VTX:SCMN) of CHF 486.80 represents a new one-year low for this stock.

The big drop in price happened last month, when Swisscom announced that the profit for the first half of the year was 2.2% lower than the previous year. Another factor must have been Swisscom's decision not to include a provision in its second quarter financials in relation to the CHF 143 million (EUR 132 million) fine demanded by the country’s competition watchdog over its alleged abuse of its dominant market position by marketing sports content exclusively to its subscribers.

See also this news article: Swisscom sees strong TV 2.0 growth, declines to make provision for fine

OILB: bought today

My limit order to buy the ETFS Brent Oil (LON:OILB) was executed today at USD 26.00

OILB: limit order to buy

I placed an order to buy the ETFS Brent Oil (LON:OILB) with a limit of USD 26.00