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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: Labrador who wrote (981)8/26/1999 9:26:00 PM
From: Benkea  Respond to of 1652
 
Labrador:

"Just curious what do you mean by "sufficiently low"?"

I will add at every $100 B share drop until 60% -70% ish and would make it 70% - 80% (or maybe more) if we approached stated book $38000a/$1250b. It would take a 1929 type scenerio for the second target to be hit.

"Where is the possible bottom?"

Who knows? There is some serious selling going on in BRK right now that has NOTHING to do with BRK the company. Until this supply/demand problem (a problem only if you own all you want), it should continue to drop. The support at $2000 has been tremendous. Every trip down there is met with mass buying. We'll see who is going to win (who runs out of stock or money first) this tug of war at $2k.



To: Labrador who wrote (981)8/26/1999 9:33:00 PM
From: Benkea  Read Replies (1) | Respond to of 1652
 
They're getting SERIOUS with the selling. Look at the associated volume (but look at that nice support - so far - at $2k):

askresearch.com

Here is your four year where it has shows this is a serious anamoly at BRK:

askresearch.com