Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JHP who wrote (5279)	6/25/2001 11:01:32 AM
From: jim black	Read Replies (1) of 74559

Ah! The drama continues, two seemingly unrelated pieces hitting my radar screen today. Old timer Homestake Mining is being taken out by hedger American Barrick. Poof go the hopes for substantial profits for those poor suckers holding HM last Friday, except for the 30% premium it appears to be dropping by chance into their laps...so much for the double your money idea on that! gold producer...and...now... as everybody should know anyway we have clarion clear and blaring proof even Warren Buffett must tread carefully in this marked. His touted entry into troubled US Gypsum, a large percentage but I do not remember the figure, temporarily gave the stock a big bounce few months back but it is declaring Chapter 11 today. Unless I am mistaken, Mr Buffett, who took a position in common stock, is gonna take it on the chin like all other investors in common stock. I hear it again and again in my slumbers and in the evening as I try to drift off to sleep wondering what the Monday market will bring...careful, careful, careful, and don't be cocky jim black

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next