• The upgrade to XenForo 2.3.7 has now been completed. Please report any issues to our administrators.

Economy Stocks thread v28: in loving memory of Rob Mafia and Brackis1

Did not see this coming:


Warren Buffett’s Berkshire Hathaway revealed a new stake in troubled insurer UnitedHealth after secretly building the position for two quarters in a row, according to a regulatory filing.

The Omaha-based conglomerate bought more than 5 million shares in the health care firm for a stake worth about $1.6 billion at the end of June.

There was much speculation about the mystery position before Thursday with many guessing it would be a defense name. The confidential treatment allowed Berkshire to quietly build up a position and limit price movement without stoking volatility.
 
UNH up 11.44% to $302.54 right now. Incredible Buffett can still move the market like that.
Picked up 10 of these two weeks back, it’s been cratering hard….. it was a bullshit play, i can’t stand these con artists, and it was actually my wife that logged into my account to make the purchase….. i had already made a pact not to play this, but that greedy bitch couldn’t help herself.
 
I goofed up not adding to ...ITOCY...when it crashed. They had their worst day since 1987 - an event that doesn't come around very often - and it should have been taken advantage of. ITOCY fell to $80 and now it's already back up to $95.

Hurray for second chances. ITOCY ended up going up to $116 and has now fallen back down. It's usually not volatile at all, but it has been the last 3-4 months. Anyway, I backed up the truck and doubled my investment today at $84.36.
Made that investment Feb. 12th. $112 now. Worked out nicely. 33% gain so far, + dividends.
 
Picked up 10 of these two weeks back, it’s been cratering hard….. it was a bullshit play, i can’t stand these con artists, and it was actually my wife that logged into my account to make the purchase….. i had already made a pact not to play this, but that greedy bitch couldn’t help herself.
Sounds like you need to update your password.
 
I am thinking we should see a bit of pull back here considering a lot of junk is up lately. Haven't been buying much, mainly holding positions.

Seems a bit of a rotation today out of tech.
 
Back
Top