BRK.a taken to the woodshed

Discussion in 'Stocks' started by stock_trad3r, Nov 19, 2008.

  1. charts


  2. ipatent


  3. sprstpd


    Not as bad as when you were saying to buy SPY at 150.
  4. dbell66


    Cant speak for other Berkshire shareholders but i feel that the company is a good solid store of value.

    I sold most of my shares in September to raise cash to put into some good value stocks that are showing up.

    I think some of the value funds use this tactic, of parking their cash in brk, also.

    I don't think Buffett will be seeking a bailout anytime soon!
  5. BRKA down 11,550 to 84,000 (-12%) to lowest price in more than 3 years. It was at 147,000 exactly 2 months ago.
  6. Corelio


    The issue with BRK is that it is heavily owned by institutions. Once the mammoths start running in just one direction...there's no stopping.
  7. Yahoo says 23% of shares held by Institutional & Mutual Fund Owners and MSN Money says 24%.

    Do you have a source that shows higher percentages?

    Volume at 3,149 shares is not much above average, so no large selling pressure. Looks more like no buyers willing to pay up.
  8. lol down another 7%...

    I guess they don't call him the snowball for nothing. Brk.a is melting...maybe his investors can the book for toilet paper when they have no money left.
    #10     Nov 20, 2008