Replies to post #311246 on NeoMedia Technologies, Inc (NEOM)

[jacksira]

Hey BC, Some just won't accept the truth no matter how well you present it.
I was so shocked to open my IRA account on Friday when I got home from work and my NEOM shares were sold. :) Better than a total loss I guess. Thanks again market maker now if you will let me buy 50 million shares at .000001 I would be so happy. This is currently what my Scottrade account is showing the stock is worth in my other account. I will speculate a whooping $50 for a chance to make thousands? From here out only buying in a regular stock account where can write off the loss. LOL

[wilma6311]

Yet even Warren Buffett is not perfect...


Warren Buffett Lost $2.4 Billion on These 2 Stocks in the Past Week

By Jay Jenkins | More Articles | Save For Later
October 23, 2014 | Comments (0)


Two of Warren Buffett's largest stock holdings have been absolutely creamed in the markets recently, leaving the Oracle of Omaha down about $2.4 billion in just the past seven days.

Is Coca-Cola losing its fizzle?
Last Wednesday, shares of Coca-Cola Company (NYSE: KO ) opened the trading day at $43. By the close of trading last night, those shares were down about 6% to $40.68.

Buffett owns 400 million shares of Coca-Cola, according to Berkshire Hathaway's (NYSE: BRK-A ) (NYSE: BRK-B ) most recent filings with the SEC. Therefore the math works out to a loss of over a billion dollars.

Coke's decline came as a result of a disappointing third-quarter earnings report. The world's largest soda brand reported flat volume sales, with declining revenue and earnings. Company management also announced a new plan to cut upwards of $3 billion in annual costs by 2019.

IBM drops over 11%
Buffett's fourth-largest holding, IBM (NYSE: IBM ) , had an even worse week than Coca-Cola. Big Blue fell about 11% over the week ending with the closing bell on Tuesday night, dinging Buffett for a cool $1.4 billion paper loss.