Who can explain BRK.A ripping to the upside this quarter?

Discussion in 'Stocks' started by Math_Wiz, Mar 17, 2022.

  1. Overnight

    Overnight

    Are the charts you posted all of equal time on the X-axis, and of same bar type? I.E. dailes, hourlies, etc? Are they all equal?
     
    #11     Mar 17, 2022
  2. Math_Wiz

    Math_Wiz

    Yes, they are all equal. Weekly charts.
     
    #12     Mar 17, 2022
  3. deaddog

    deaddog

    BRK is an insurance company not a mutual fund. Maybe take a look at earnings
     
    #13     Mar 17, 2022
  4. Overnight

    Overnight

    Well then maybe someone has just been buying up BRK.A shares, regardless of the underlying. The thing is less liquid than CME forward cattle futures.

    What do they average. 1K shares per day volume?
     
    #14     Mar 17, 2022
    SunTrader likes this.
  5. Math_Wiz

    Math_Wiz

    #15     Mar 17, 2022
  6. Math_Wiz

    Math_Wiz

  7. Overnight

    Overnight

    Imagine what would happen if he did a 10,000:1 stock split on the A shares. Lol, would be chaos.
     
    #17     Mar 17, 2022
  8. Math_Wiz

    Math_Wiz

    From the link above, it shows this (below):

    Which means this: BRKA is worth $300 billion, and $250 billion is accounted for in these four stocks:

    upload_2022-3-17_23-8-31.png

    KO is up 3% this quarter, BAC is down 3% this quarter, and AXP is up 10% this quarter.
    And of course AAPL is down 10% this quarter (50% of his portfolio).
    So no, I cannot figure out why BRKA is up 15% this quarter, lol.
    80% of his portfolio is represented above, and it's not doing great at all,
    so why is BRKA up 15%? Very confusing to me.
     
    #18     Mar 17, 2022
  9. Millionaire

    Millionaire

    Why would it be chaos after a 10000:1 split?, the split stock would trade like any other high volume $50 stock.
     
    #19     Mar 17, 2022
  10. Overnight

    Overnight

    Because when was the last time a $500,000 stock was suddenly available to Reddit users on the cheap? Imagine the volatility and the volume boost. And the whole IV thing! Just wow.
     
    #20     Mar 17, 2022