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Berkshire Hathaway Inc. Message Board

davebugs 12 posts  |  Last Activity: Apr 23, 2016 10:17 PM Member since: Feb 17, 2000
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  • Reply to

    Earnings

    by storagelh Apr 22, 2016 8:39 AM
    davebugs davebugs Apr 23, 2016 10:17 PM Flag

    Lots of changes since those days.

    I still hold some. No opinion on this acquisition or the new (or coming) CEO.

    Heavy industrial cyclicals seemed to have picked up lately. KLIC has done a lot to make it less a cyclical tech but it can't shake all of those tendencies.

  • Reply to

    This message board is like a grave yard.

    by blue_h0rseshoe Apr 17, 2016 5:34 PM
    davebugs davebugs Apr 19, 2016 10:59 AM Flag

    I had about the same in RSTI, not near what I have even still in IIVI. I ended up selling them all in 3 lots just not worth waiting on 32.50 for the last 20 cents.

    I had hoped to add to DVA but all my lots on that are green so I find that hard to do. Totally different than a tech stock, also no dividend in a business where I could see there being a dividend. Their customers don't have much choice.

  • Reply to

    AP--from $8 to $18 in 3 weeks ? I SAY SELL

    by augggiesoffer Apr 19, 2016 6:29 AM
    davebugs davebugs Apr 19, 2016 8:06 AM Flag

    My fear was that the momo folks who saw it on biggest percentage gain for several days jumped in.

    And it looks like they did, which is why I think the run was stopped on Friday - they didn't want to hold over the weekend. And without them (who likely have NO idea what AP does) holding steady after a run like that with a micro cap isn't so bad.

    I was as shocked as anyone with the recent runup.

    And I have no idea why the acquisition I assume is driving this, the potential it brings.

  • Reply to

    This message board is like a grave yard.

    by blue_h0rseshoe Apr 17, 2016 5:34 PM
    davebugs davebugs Apr 17, 2016 9:42 PM Flag

    Blue,

    We miss many Industry insiders.

    IIVI has been acquisition crazy for years - with - I'll be generous - little results near as I can tell. This last little runup I did sell more.

    Sold the rest of my RSTI - at about even on those lots, I have made lots of money trading it years ago when the old poster jbacci told us about it.

    Still own some IPGP but it's MB has been dead long before this one. Certainly has been outperforming IIVI and RSTI (before the buyout announcement)

    Lasers are much more common. This DoD stuff may pan out yet - assuming the old "electro-optics" still has some punch. They renamed and reorganized things so many times(and to me personally that's never a good ting) I don't even know what it's called anymore.

    The past several years I've been doing as well or better with stodgy things like AWK which is now outsized in my portfolio and I'll have to trim soon - maybe by writing covered calls to potentially squeeze out a little more on some lots.

    Another Pittsburgh based heavy cyclical micro cap AP just made an acquisition folks seem to like I've traded it along with KLIC for many years.

    I simply don't have the time or capacity to find many new companies especially small cap or micro cap's which are my favorite. Heck I even bought some SPY for the first time in years not long ago and even they are up 10%.

    So...what are your thoughts to get something going on this MB?

  • Reply to

    jumped in today

    by twkca Apr 1, 2016 1:46 AM
    davebugs davebugs Apr 15, 2016 6:53 PM Flag

    "scale in, scale out, online commissions are cheap"

    Also means you can just buy 10-20% of what you'd really like to own right here even though there is always a chance this is a short term high. And have money left to buy any dips.

  • Reply to

    Don't look now, someone IS accumulating

    by davebugs Apr 11, 2016 9:47 AM
    davebugs davebugs Apr 15, 2016 8:54 AM Flag

    Yesterday thurs 4/14 ended up .90 (had been higher) close at 18.09 up another 5% on almost times normal volume, had been up to 18.47.

    Also these high volume days have changed aver daily volume form 25k to 28k.

    As of yesterday they were still accumulating...

  • Reply to

    Don't look now, someone IS accumulating

    by davebugs Apr 11, 2016 9:47 AM
    davebugs davebugs Apr 13, 2016 9:32 PM Flag

    Up .55 (3.31%) today to 17.19.

    Noone is gonna but it up 3% when it takes a year to get that 3% back just in the dividend.

    Same as the day before.

    This really isn't the dividend play it used to be...

    I have no idea of who is accumulating. It will be interesting to see if there is another sizable investor other than Mario. Or if Mario is adding.

  • Reply to

    Don't look now, someone IS accumulating

    by davebugs Apr 11, 2016 9:47 AM
    davebugs davebugs Apr 12, 2016 2:09 PM Flag

    Continues today - it has bounced over 17 a few time, currently up 1.04 to 16.84 and just passed daily average volume.

  • Reply to

    I sold a few hundred more today.

    by blue_h0rseshoe Apr 8, 2016 2:54 PM
    davebugs davebugs Apr 11, 2016 10:21 AM Flag

    ALL the rest of my shares gone today at 32.45 I'll gladly let someone else gamble that they will make more than a nickle on those shares. I"m roughly even on those shares.

    So I still own a little IPGP and a lot (but half of what I did lets say a year ago) of IIVI.

    A lot of this RSTI money will be added to another health related stock DVA that I've own some and been adding for a long time. And both of Buffet's new guys bought it independently after they were hired. Which caused a nice bump and I actually sold some.

  • I was offline Friday and haven't looked at level 2 yet.

    But look at price and volume recently.

    I will say mid March it was at 11.00 and look at the chart since (I use the simple finviz chart). We are at 15.55 as I type this.

    So shortly after the bottom due to aquisition and dividend cut it's moved rather nicely.

    I never thought it would go under 18 so I'm very glad to see this. I have very old shares still in the green but everyhing bought I'd say the last year or so (without actually looking) some of those lots are finally turning green.

    But something is definitely going on. Hard to add or liquidate a position in a stock this small without effecting price in a big way.

  • Reply to

    I sold a few hundred more today.

    by blue_h0rseshoe Apr 8, 2016 2:54 PM
    davebugs davebugs Apr 11, 2016 8:46 AM Flag

    I'm with you. I sold a little over half my remaining on the 8th for 32.25.

    My second sale since buyout announced.

  • davebugs davebugs Mar 29, 2016 9:24 PM Flag

    Thanks. Somehow I missed that.

    NOT unexpected with the acquisition.

BRK-B
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