the biggest mistake of his life. if he doesn't do the right thing a real BODs would step up and protect him from himself. I use to talk about willy mays staying in the game, way to long. buffett and munger are embarrassing themselves on a regular basis the past 5 years. its sad to watch. lets see if they let this one post ?
in vegas I eat in local joints 95 % of the time, often local hotesl. I eat out twice a day for 30 years and I have never seen prices explode like they have in the past 60 days. a shrimp cocktail that was 5 pieces for 10 $$ is now 4 for 14 $$, same product in a favorite joint. My go to veal place, same price for 30 % less veal etc. Its apparent to me because I eat out so often but i'm looking forward to running into management types to find out IF its the cost of food or the cost of labor etc ? This is not good for Vegas or the industry tho I prefer higher prices to lower quality, that's 100 % certain.
if the 1/4 is bad what's the downside 12ish , 10ish , unless it's a total disaster ? What if the 1/4 is big news and shorts try to cover it could go 20 plus in a hurry ? Seems to me unless you know something we don't , shorting this name into an already huge short interest is nuts, unless you have an edge, a very big edge. Risking 6 plus on the upside trying to make 2, maybe 4 on the downside , is stupid money management, we'll know soon enough what leaked. good luck.
call home todd I miss you bro !! is down still good, ucmtsu,no way. webrules, I know u r out there bro, say hello now and then. your old pal, hc.
THINK it through bud, if the KO gangbangers may take 10 % of stockholders equity over 4-5 years WHO r they taking that equity from ? buffett and munger will never allow substantive questions maybe UUU can help me out ?? WHO decided that the KO gangsters have a right to take that much equity from current partners aka, shareholders. Thanks maybe I can earn a c plus in your class ?
so many smart players have had a tuff run, Meredith Whitney, Dreman, miller, buffett, bruce, eddie,paulson, super smart people who made HUGE mistakes, some got bailed out , like buffett, others didn't. years ago I owned fairx when brk was a large holding of the fund , he sold it to shoot dice, the vegas streets are filled with gamers who went all in, and lost many big bets. fairx may be back on the way to 6 billion AUM, lets see what bruce sells to meet the redemptions ? tricky game trying to beat the index, unless of course you watch CRAMERRRRRRRRRR 24x7, THEN, its ez !! ucmtsu,no way.
so far, their timing has been very good. 10b5,s were filed in march and may 2014 by 3 key guys and they enjoyed prices above the current price. seems to me I may have waited 90 days to sell into huge news from aapl in the near term and going forward , no ? short interest huge, put premiums very high, insiders in a rush to sell adds tons of risk while I complete my due dili ? can any bulls make the case that these facts are just noise and don't concern you short term ? Thanks.
jad, who is tom , the new put expert ? the 130 puts are IN the money, that's a whole different ball game then selling out of the moneys. keep in mind that for normal investors, obviously not tomand , in an IRA you MUST secure the puts you are short with 100 % MMF CASH, period, that's the ONLY way I was able to get it approved like 25 years ago. The point is IF you secure your cash to earn 4-5 % annual by selling puts into a 12 vix at market highs, that cash is tied up and cant be used in a sell OR a spike in the VIX = higher premiums. at least the put premiums are TAX FREE in your IRA. In a TAXABLE acct, if you don't use margin, to tie up cash to earn 5 % SHORT TERM GAIN, annual, MINUS uncle sams take , and your state taking their share, = 25-45 % combined, depending on where you live , is ignorant, to be kind. This is another classic case of, BUT
how will todd and ted do in a market that doesn't go up very month ?
odd timing, to be kind. He couldn't wait until after the call ? I'm looking forward to seeing how many more shs the group sells in total by weeks end ? The updated short interest number will be interesting as well.
uncle didn't you listen to the speech ? R U UNamericon ? wall st j. ???????????????
uncle has taught the children that down is good !! ucmtsu,no way. yo professor, are you taking advantage of the 27 vix or are you already all in ?
effort in NEV. The stores were pitiful , I suggested a billion dollar write off was coming and that Tesco's management had to be questioned for thinking that concept could compete in America. Of course I received private emails from experts in foolsville cussing me out and asking me to stop posting among the experts or they would have me removed. Those experts may be wrong, again. go figure ?
morning z, shocking lazy experts. any fool could have visited the fresh and easy stores and sold the stock, asap, it was that simple. i'm certain buffett did zero due dili but the experts of brkville couldn't visit a store and see if wmt was in big trouble competing with that pitiful effort ? The sheep have been seriously punished flowing THY leader into garbage the past 3-4 years. I know he blew a billion on the irish banks, Tesco, ibm, what were his huge winning NEW stock picks the past 4 years ? Can anyone name them ? what did he buy that beat brkb the past 4 years PLUS he promotes what he buys, like ibm, while claiming brk is too large to outperform, Constantly ?? wats up wit dat ? very sad.
is always a mistake, always. the byd battery ,pumpathron years ago , at 10 plus was another embarrassment but this is off the hook, not excusable. Lets see IF he will FINALLY man up and do a real interview. ?? ???
morning brky, r u up yet, come on kid make my day and tell me what ibm yields at 170 ? that's GOOD no ?
I wonder if uncle will get on the correct side of the issue or CONtinue to work to get 95 % of the CONtries wealth in the hands of the top 5 % ? I know, I know, but my IV net worth is up 10 cents, I know.