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all i know is i sold for a loss at $.39 tuesday and could not resist buying my position back at $.29 yesterday i hope i don't lose more.
here is what i think ran it down
selling 23,503,330 shares of its common stock at a per share purchase price of $0.30
i still don't want any at .0001 because if tom does a reverse split it will be 5,000 to 1 then fall back to .0001 because he will dilute at the higher PPS until it falls back to .0001 then another reverse split just to do it again AIMO
to all the holders who didn't get out at .0002 you are encouraged to e-mail tom and tell him thanks for his great scheme and dilution
here are the .0001 i knew it
you are so correct toucan people who are new to this board should take what we say into consideration as we were here when HESG went from .000's to .00's and back down to where is is again but all should make there own decisions when investing in HESG as this is all IMO but it's inevitable that this will end up with no bid again! again it's all IMO GLTA
like i said before USOG is in hibernation. it went to sleep as a bear and is going to wake up as a bull and when it wakes up look out this bull is going to run IMO
who ever is selling this under .03 is leaving a lot of money on the table IMO
.0001 are coming here is your last chance to sell at .0002
just got out too .13 was good enough for me bought in at .08 i kept 10,000 shares out of 100,000 just in case it keeps going! GLTA
this has to be the most manipulated stock on the market
you are correct i get upset when there are so many junk company's out there and there stock is trading 15-20 times off there lows. this is a good company with a great product that i have had put on both my blackberry's and my ipod touch and lets not forget this company has no debt! i should stop complaining because this will create a good buy at a low PPS i will buy more in the open tomorrow
a company with a price target of $9+, no debt and trading at $5+ PPS and they sell off at $1.87 people need to learn how to invest or get off the stock market this is why i am considering selling all my positions until people can learn how to invest!
NEWS IS OUT
January 26, 2010 5:24 PM EST
Berkshire Hathaway Inc. (NYSE: BRK.B) will replace Burlington Northern Santa Fe Corp. (NYSE: BNI) in the S&P 100 and S&P 500 indices on a date to be announced. Burlington Northern Santa Fe is being acquired by Berkshire Hathaway in a deal expected to close next month, pending final approvals.
i see the MM's are trying to scare investors by trading 100 shares at $2.11 i just hope the CEO is right when he said:
" expect 2010 to be a record year for the company both in revenues and earnings"
“Taking these charges in the current quarter will allow management to establish expectations at a reasonable level, and improve our visibility for future earnings growth,” said President and CEO Robert G. Pedersen II. “CES (Consumer Electronics Show) was a great platform for the launch of many new lines and expanding the distribution of our existing lines. We remain optimistic about our growth prospects and expect 2010 to be a record year for the company both in revenues and earnings.”
sold for a loss today i will buy it back when it goes DOWN to .20
they could see $1 tomorrow when they do a 1 for 5,000 reverse split
actually i would be mad if i got it at .071 only 2,000 shares traded at that price but that's just me i like buying in lots of 20,000. if someone was only looking to buy 2,000 shares and got it that's a steal IMO
almost every time the price jumps it's on high volume and lately no news i think we should hit $1 soon IMO
blockbuster is lucky they have a good CEO jim has only had 1 stupid idea since he has been the CEO and that was when he wanted to buy circuit city back in the day anyway i doubled my position today at .40 i hope it goes back to $1 but it may not happen anytime soon blockbuster has a lot of work that needs to be done in there marketing strategies i have over 100 ideas that would help and make blockbuster successful but who am i they are going to do what they want!
with a target price of .15 this is way undervalued IMO
this is being manipulated bad
why are we having a sell off today?
i agree same old PR just different words
make that $72.90
we broke the 52 week high WEEEEEEEEEEEEEEEEEEE
so i take it that this will trade under the ticker BRKb.N ? please correct me if i'm wrong!
"This will definitely increase demand. The high share price left out many people from getting involved in something they otherwise would very much like to have," said Patrick Watson, an analyst at Capital Cities Asset Management in Austin, Texas.
read this just came out
Buffet's share split may tempt more small investors
By Michael O'Boyle
NEW YORK (Reuters) - Warren Buffett's move to split Berkshire Hathaway Inc <BRKa.N> Class B shares will tempt smaller investors to buy into the once high-priced stock and could lead to its eventual inclusion in the S&P 500 index.
Shareholders of Berkshire, the Omaha, Nebraska-based insurance and investment company, approved on Wednesday a 50-for-1 split of Class B shares <BRKb.N> in connection with the conglomerate's takeover of Burlington Northern Santa Fe Corp <BNI.N> at a special meeting in Omaha.
The split pares the partial shares Berkshire issues to BNSF investors. Buffett said at the meeting that the split was needed to make the transaction easier for small investors.
Investment managers and analysts expect the move will boost demand for the B shares, which closed New York Stock Exchange trade at $3,476, up more than 4 percent after the vote. With the split, each share would be worth about $69.
"This will definitely increase demand. The high share price left out many people from getting involved in something they otherwise would very much like to have," said Patrick Watson, an analyst at Capital Cities Asset Management in Austin, Texas.
Advisers said the split would boost liquidity and could raise the chances that Berkshire may be included in the Standard & Poor's 500 stock index <.SPX>, which could further increase demand for the stock.
"It will be a good situation if it gets into the S&P 500, since there is all that built-in buying with different index funds," said Alan Lancz, head of Alan B. Lancz & Associates Inc., an investment advisory firm in Toledo, Ohio.
Berkshire is the largest U.S.-based company by market value not included in the S&P 500 because the highly priced shares traded on thin volume. Before the split, the Class B shares traded at six times the price of Google, the highest priced stock in the S&P 500 at $580.41 a share.
One tripping point for Berkshire's inclusion in the index is its first quarter loss last year, said Howard Silverblatt, senior index analyst at Standard & Poor's Indices in New York. S&P looks for four straight quarters of profitability when choosing stocks to include in the index.
"There are other criteria such as leverage and balance sheet that could make up for that one-time item. And let's face it, the last year has not been the best for earnings for anyone," said Silverblatt, though he gave no indication that Berkshire was being considered for inclusion in the index.
VERY UN-BUFFETT
Buffett, 79, had never split Berkshire's stock. One of the world's most respected investors, Buffett reasoned in the past that splits could attract speculators rather than the long-term investors he prefers.
Buffett controls 31.6 percent of the voting power of Berkshire stock and advisers said it was surprising that the so-called "Oracle of Omaha" would dilute the value of his pricey shares.
"Buffet has never been someone to split the stock. But when they launched the B shares, it was a de facto split, so it is really moot," said Richard Steinberg, of Steinberg Global Asset Management Ltd in Boca Raton, Florida, who manages about $470 million, including over 4 million in Berkshire shares.
Jeffrey Saut, chief investment strategist at Raymond James in St. Petersburg, said the "un-Buffett-like" split followed the move to buy BNSF at a premium -- a move Saut called equally out of character for an investor known for exemplifying the creed of buying low.
"I think he was just sitting on too much cash. There is talk he will pass the torch and I think he was worried the heir apparent could invest in the wrong thing," Saut said.
While most advisers thought the split would be a boost for the stock, others thought the move could attract the kind of investors that Buffett had long worried about.
"History shows that stocks that are split to achieve a lower price are degraded," said Frank Pavilonis, senior market strategist at Lind-Waldock, a retail brokerage firm, in Chicago.
Increased demand will likely lead to more analysts at Wall Street firms and other major brokerages to cover Berkshire, which has received little attention from research analysts. The issuance of "buy" ratings could help reinforce demand, advisers said.
"Some people feel more comfortable when they see things in writing and can get reports from several different firms," said Lancz.
(Additional reporting by Leah Schnurr; Editing by Kenneth Barry)
i honestly think the PPS will be over $100 very quick maybe even pre-market
got 1 share at $3,434 i know i got in high but the split was the reason i bought
loaded 4,000 more today at .90 if you can buy this in this range its a great deal OCNF and all shipping stocks have not made any runs up since there 52week lows i love shipping stocks they are cheap and the rewards are going to be great when they take off look at DRYS once trading at $120+ now at $6 i own DRYS too but i like the upside of OCNF better... these stocks will reward shareholders IMO
wow another PR today i was wondering what abcd company dennis was trying to pawn off on us this time as a divvy i am sure glad i bought this before the R/S now i will have a pile of worthless divvys. this stock reminds me of that song from Adam sandler "POS car" instead this song is called "POS stock" oh i almost forgot go EVFN EVFL and whatever the next EVXX name dennis comes up with when he does another R/S this year! GLTA
MM manipulation and or short selling once we get a solid PR they won’t be able or dare play these games with MASP