Monday, August 24, 2020

Berkshire Hathaway - The Stock Starts To Fall Off After Company Buybacks



After announcing on Aug 8 on some good earnings and share buybacks on Q1, Berkshire Hathaway stock started to suffer some selling as the company was taking a stake in some gold company. I bought the stock on May 14 and the stock price ran up intermediately and quickly to $200+ mark. How come when Warren Buffer announced good earnings and share buybacks when the chart is at the top and then price started to falter? While Ron K started buying when everyone is fearful at the right timing and prices started to trend up? Ponder about this. Click below link to read more.

http://stockmarketmindgames.blogspot.com/2020/08/ron-k-how-i-knew-insiders-were-buying.html

pic source: marketwatch

Ronald K - Market Psychologist - A Stock Market Opportunist