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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: LongTermBRK   😊 😞
Number: of 15062 
Subject: Re: Berkshire Trading All Messed Up
Date: 06/03/2024 2:52 PM
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There were legal trades that will almost certainly stand in the 408-410 area for the Bs as the Bs were never halted. They continued to trade throughout. But mostly it appears in dark pools.

What's fascinating is--once the A issue was resolved and trading resumed--big time buys came in for the As in the high 600s and low/mid 700,000s. In thin liquidity. These are perfectly legal trades POST the halt.

Soo...guess what A shareholders did? Yup..they sold the As basically an arbitrage and BOUGHT the B shares which soared--well over $416. Then as the As slowly retreated---the Bs followed suit.

Haven't seen anything like this since the flash crash. You can watch this in future with the "time and trade" function on trade platforms.

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