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Berkshire Hathaway Inc. Message Board

baltbear 98 posts  |  Last Activity: 13 hours ago Member since: Apr 8, 2011
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  • baltbear@ymail.com baltbear Apr 23, 2014 4:07 PM Flag

    HC,
    The answer is no. Has been since at least 98. That is, at least in cases without fiduciary duty under SEC1934. As near as I can recall, the marker point is whether the "group" organises into a legal entity--
    cartel-- or remain "fellow travelers."
    Example: HC combines with a bunch of his dancing girls to assist in the formation of Nevada LLCs and C corps to get large blocks of "pot stocks" to do LOIs with each other in order to generate 8ks making any of them look like enterprises with actual business plans, in exchange for more than 5% of the stock of each. If HC and the dancing girls have defined formula for distributing the gains, they report. If not, they are Montgomery, or GS, or JP, or something else that's just "simple people doing God's work."
    Though you do get points for checking in with reality.

  • Reply to

    BAC over LMT and IBM

    by mnemory00 Apr 22, 2014 11:42 AM
    baltbear@ymail.com baltbear Apr 23, 2014 5:49 PM Flag

    mnemory,
    Yup. Take a look --for comparison--with the chart for RGR since 2006, and see what "The lizard people are about to take our guns away" did to the p/s and p/e.
    On another hand, the first capital of "Russia" was Kiev.
    And for about 500 years, the Crimea was the supply base for Ottoman slave traders and mercs--until the Brtis, French, Rus and a few others went in to get it for themselves, giving HC the Charge of the Light Brigade. "Into the valley of bloviation rode the retail road kill. Talking heads to the right of them-- talking heads to the left of them."

  • Reply to

    Taxpayers are subsidizing CEO pay,

    by hjclasvegas6969 Apr 24, 2014 9:17 PM
    baltbear@ymail.com baltbear Apr 25, 2014 11:17 AM Flag

    HC, Some of us actual capitalists have been saying that this whole century and longer.
    G ood to see you waking up.

  • baltbear@ymail.com baltbear Apr 25, 2014 6:48 PM Flag

    Danny,
    Jmil2 is a wannabe who can't come up with anything better than to knock me, while finalllllly beginning to do what I told him to when this dog was at 4 3/8 and he got a tip to buy in.
    The thing he doesn't understand--available to any 10 year old-- is that "If wishes were fishes" doesn't pay the rent. According to BTX, it plans to be a picks&shovels supplier to those actually doing the digging, and taking industry standard royalty cuts on anything that works during the life of the patents.
    He likewiese fails to learn, even when the links were handed to him, how medical device regulation works in either the EEU or USA.
    Oh... and also, he fails 7th grade math.
    But he "believes in science."

  • baltbear@ymail.com baltbear Apr 26, 2014 1:44 PM Flag

    Jmil2,
    Any and all rat's droppings about "personal vendetta" is "knocking." You don;t know a phlipping thing about me other than myh track record on being right about this dawg.
    Each and every bit of nay post that takes that reality---the revenues, the business plan, the actual components of an equity--and diverts itself to any refernce to me as a person is "knocking."
    At least have the gonado=tropic globularity to admit it.
    "They are the attempting to change the way we deal with diseases and injuries." As are THOUSANDS of other entities. THOUSANDS. Few of which depend on a sales pitch to evidently willfully ignorant retail cannon fodder.
    As another clear example of "knocking" " just think you close your eyes to what the possibilities" is".
    There are "possibilities" that flying monkeys are going to bring Mikey the secrets of the lizard people from outer space.
    There is the reality of what BTX will be obligated to spend to have enough actual scientific success to bring in $1000 cog net above Mikey's salary and option package. And that reality puts this dog at no ghigher than 1 1/2. BTX's own financials put it under a buck.
    This is a common stock play--that is, a 4th level claim to the breakup value. It's not a science club, a fantasy football team, or a cult--though many of the shareholders are in fact cultists.
    You have yet to show an analysis of this common stock equal to what I used to get from 10th graders doing a couple week's summer vacation internships.

  • baltbear@ymail.com baltbear Apr 28, 2014 4:52 PM Flag

    jmil2,
    More ad hominem garbage. The numbers are the numbers. At this point, you make no difference to me at all--except as another example of gamblers' fallacy, and drinking the koolade.
    On a 15 year hold, neither 1/8 nor a whole point matter.
    So, keep falling for it. Buy @ mkt every Monday, since "Monday or Tuesday are news day",. Use your margin power to keep buying-- how can you lose? The "science" is "on your side."

  • Reply to

    What's Driving Down the Price

    by pharmaherione Apr 28, 2014 6:04 PM
    baltbear@ymail.com baltbear Apr 28, 2014 6:16 PM Flag

    How are those two different things?
    Oh..and there are other factors deflating the price. But since that's ab out how to actually play this game and not Koolade drinking and "believing in science" there's no reason to talk about them
    Especially since they were already talked about 2 years ago.

  • Reply to

    Enough already

    by jetpro3 May 2, 2014 4:52 PM
    baltbear@ymail.com baltbear May 2, 2014 5:58 PM Flag

    jetpro,
    good to see you about. trust yuou hasve been well and prosperous.
    " And you thought the 2.90 pre market was going to mean something."
    Yes. it did--that a mm had a dead sure lock on being able to cover a naked short.
    " like this where a stock doesn't go up" Evidently you follow no others where gross sales minus cog does not cover ceo salary&perks. Take a look at how Mikey had his options going out priced.
    That's the actual "guidance" from insiders.

  • Reply to

    Enough already

    by jetpro3 May 2, 2014 4:52 PM
    baltbear@ymail.com baltbear May 2, 2014 11:03 PM Flag

    msft,
    Yeah, that's what weasels do.

  • Reply to

    why buffett is wrong on ko,

    by hjclasvegas6969 May 2, 2014 7:06 PM
    baltbear@ymail.com baltbear May 2, 2014 11:07 PM Flag

    HC,
    If that scumsucker says WB is wrong on anything, WB just got right.
    Disgusting piece of filth, second only to his former rumprunner Al Kingsley.

  • Reply to

    Warren's social investing

    by jwsull May 3, 2014 4:24 PM
    baltbear@ymail.com baltbear May 3, 2014 5:28 PM Flag

    jw,
    You one of HC's old clients?

  • Reply to

    Enough already

    by jetpro3 May 2, 2014 4:52 PM
    baltbear@ymail.com baltbear May 3, 2014 7:27 PM Flag

    silly little gurly-man.
    If you believe that, take all you've got and buy @ mkt on Monday open.
    Or learn to realise what a poser fraud you are.

  • baltbear@ymail.com baltbear May 4, 2014 5:28 PM Flag

    jad,
    Thumbs up. Especially for the other note on JSDA. Entry point and NET basis, risk tolerance, and fluidity matter about 17X whatever rats' dropping are bandied about by either a WB or a Jordan Belfort are pumping out the smoke machine.
    Won't take much of an increase in interest rates to send all those pimped by PIMCO into the dumpster, creating a rally in the types of stocks you are holding as the $ chase %.

  • Reply to

    Enough already

    by jetpro3 May 2, 2014 4:52 PM
    baltbear@ymail.com baltbear May 4, 2014 7:12 PM Flag

    msft,
    Then take every penny you have and put it all into mkt orders before the open tomorrow.
    Sell everything else you own at the open, and get all that into BTX as well.
    Put the chips in, or continue to be a wussy gurly-boy poser.

  • baltbear@ymail.com baltbear May 4, 2014 7:29 PM Flag

    HC,
    Thumbs up---except for your usual rat's droppings about "life's work."
    Evidently Cramer or somebody showed WB how to get the retail road kill to pay all the freight for keeping that 5% rule of the foundations from diminishing any part of the endowments.
    He's built an elegant workaround on the law against perpetuities.

  • baltbear@ymail.com baltbear May 4, 2014 8:49 PM Flag

    HC,
    Heart-healthy salmon at Spoint and a Pepto & gin fizz at the Palms?

  • baltbear@ymail.com baltbear May 5, 2014 7:59 PM Flag

    jetpro3,
    The stock's past however does tell the speculator who is NOT trying to become koolade drinking retail road kill what it is going to continue to do.
    In this case, the more any of the pumpers hear praise Neal, the more reason there is to not pay any more than he does.
    The more the bootlickers worship Mikey, the more important it is to check where his options price.
    The more the one-day spikes fair to penetrate any resistance, the less likely they ever will---unless the actual fundamentals like revs minus cog, and % of the i/p that's making it to phase 1,II testing change radically.
    Since 1992 BTX has been a maker of "me, too" generics with cult value. THat's what it is still doing.
    THat's the big plan on which it just diluted you another 4% to try to pull off---marketing a generic into a niche market, trying to get approval to market another high-end product into a generic mkt that is collapsing in the face of innovation and cost containment.

  • Reply to

    Back to the crapper

    by jetpro3 May 6, 2014 4:38 PM
    baltbear@ymail.com baltbear May 6, 2014 6:41 PM Flag

    jetpro,
    It's not incredible. It's a common stock trading -today--at around 6x book with revs that don't cover payroll.
    Just that simple. All the rest is corpsicle cult, koolade, and mms having fun with a chew toy.
    Now that Neal has created another ceiling, 2 9/16, about the only thing that will move this dog up is cash revs over cog higher than payroll----which would still have it losing 7-20 cents a share for another 5-10 years.

  • Reply to

    fb and twtr, just a reminder

    by hjclasvegas6969 May 6, 2014 1:43 PM
    baltbear@ymail.com baltbear May 6, 2014 6:47 PM Flag

    HC,
    Crips & Bloods? Those wussies? They can't even take over LA County--though their national distribution chains aren't bad....but, get real. They are low rent amateur wannabes in comparsion to jpm, BAC or GS.
    BTW, for those who actuallyplay the game, the last few days and next few days will ofer all kinds of random amusements as the ^rut and ^rua rebalance.

  • Reply to

    The Okarma Effect

    by bidnidman May 6, 2014 8:50 PM
    baltbear@ymail.com baltbear May 6, 2014 10:33 PM Flag

    jmil,
    And yet you are quoting Okarma in your next post.
    Kate Sharify?? rotfl. OK---google how many millions will be spent finishing the i,II trials--and how many more for phase III.
    Then convert that to tranches of dilution from here. My two year old data suggests another 50%. From here.

BRK-A
192,640.00-390.00(-0.20%)Jul 22 4:00 PMEDT

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