No. of Recommendations: 1
Brk traded very well into the quarter end. I seriously doubt brk is paying up in a hurry, so we have natural buyers.
It may be that expert market timers running $$ have too much cash hence being long brkb into their semiannual reports looks a lot better than long way too much cash, after a monster quarter in the markets in general. brkb is a relatively safe hold.
IF brk wasn't a serious buyer of brkb in the quarter we have natural buyers at 1.47 xs BV, on heavy volume, so that's just as well, or even better.
For the market timing experts and those waiting to buy brkb at 1.3ish xs BV, good luck. ::))
No. of Recommendations: 1
Hopefully the experts and market timers have me on iggy so I'm not burdening them with the brilliance of my thoughts.
Option observations,
the jan 15, 2027 , 500 calls at the money are 31.25 bid, the 500 puts are 19.50 bid.
go 10 points out of the money,
the 510 calls are 26 bid, the 490 puts are 15.60 bid.
Good luck to the brk believers into the second half. I'm really looking forward to the august filings I have a hunch; Greg went shopping. :)
Off to the park, carry on with what Buffett said in 1999, because that's what really matters.
ucmtsu,no way.
