Bad decision to blow off one company when you will need competitive contract bids in the future.
I'll keep adding. We're due for an upside surprise here for a change.
Bigger or smaller than current Rick's in NY? And when can we ecpect it to open?
I dipped a toe back in at $10.18 this week. $9.50 would be a gift if you ask me.
Nice call. Do you think this can go below $2.20 without a default (which I highly doubt)?
I'm thinking of buying 100,000 and I'm still below 10,000. Bought 4000 today.
Did get selected, or didn't get selected? I don't see in the list you provided.
Thank you for the info you provide us on this board.
Downgrades and price targets cut to $5 just hours before the$9 offer? Hummm....
This is from page 180 in the book called "The Winning Investment Habits of Warren Buffett & George Soros", by Mark Tier;
Uniquely, Buffett also considers what could have been when he analyzes his mistakes. In '88, he wanted to buy 30 million (split_adjusted) shares in Federal National Mortage Association, which would have cost around $350 million.
Buffett: "After we bought about 7 million shares, the price began to climb. In frustration, I stopped buying....In an even sillier move, I surrendered to my distaste for holding small positions and sold the 7 million shares that we owned."
In Oct 1993 he told Forbes that "he left $2 billion on the table by selling Fannie Mae too early. He bought too little and sold too early. 'It was easy to analyze. It was within my circle of competance. And for some reason or another, I quit. I wish I could give you a good answer.' "