rmark, if we had people still investing in the fund, then the fund could buy additional shares in the equities they now own, and supposedly believe in, thereby helping move share price up, IMO. Am I missing something?
So, Niles, you think your opinion and thoughts are the only ones that should appear on this message board? How arrogant is that?
CNBC had a Yale professor on today and said Valeant has no real business plan. Well, don't they do the same thing as Warren Buffett, buying successful company's, cutting costs, increasing prices. What's the difference?
Hope you're right. Unfortunatly, making more money simply to buy in to more company's does not always result in higher stock prices. It just turns you into something like an index fund. What I think would really make the stock pop would be to use all this extra money to pay a dividend, which Warren will never do. He's addicted to buying company's, it's in his DNA. I'm probably wrong in my thinking, wouldn't be the first time.