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Post# of 689198
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LearningEveryTrade

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LearningEveryTrade

Re: A deleted message

Sunday, 11/06/2022 1:19:34 AM

Sunday, November 06, 2022 1:19:34 AM

Post# of 689198
Buffet did trade Penny Stocks...

"Warren Buffett Loved Penny Stocks"
"Yes Buffett did invest in pink sheet penny stocks when he was young, according to the book The Snowball. He loved investing in cheap stocks at discounted prices, which at the time were bargains. He made a vast fortune buying penny stocks and day trading. Buffett was investigated by the SEC in 1974-1976 for manipulating the price of a penny stock called Wesco. Him and Charlie Munger bought shares at a higher-than-necessary price. Buffett did this as he was buying the company and had made a promise to a shareholder that he would keep the price above a certain number. He sort of admits what he did was wrong, but it didn’t affect his reputation and one of his companies had to pay a $115,000 fine."
https://www.linkedin.com/pulse/warren-buffett-invest-penny-stocks-oscar-planas-/

ASM= Actively Supporting Management

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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