Berkshire Hathaway Inc (BRK.B)

[gfp927z]

Bar, Yes BBBY was nuts this week, but entertaining :o) I wonder if that guy (Ryan Cohen) managed to get his large position sold in time? I guess the return of meme stock craziness could suggest that the recent market buoyancy is getting ahead of itself.

Looking at BBBY, looks like the company has been circling the drain for some time, and the % short was actually over 100% (?) Not sure how that is possible, but I guess that made it a logical target for an orchestrated short squeeze.

Btw, I see you are in WBA. I haven't followed them, but looks like their debt is up to $38 bil (per Yahoo), yikes. Market cap only 33 bil, so that's a mountain of debt. When companies get that far in debt, probably best to not get involved. Interest rates were so low for so long that a lot of companies piled on the debt, but the sharply higher rates will likely mean a lot of bankruptcies ahead.




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