At a buck a share, Buffet should pick up 500 million shares. In 5 years this will be at $4.00. Many investors trade like Buffet so confidence will come back to the stock and the shorts will go running. Why would anyone short a $1.00 stock. The most you can gain is $1.00 but you could lose two to three dollars. Terrible risk/reward. A Buffet purchase is the anwer. Anyone have the phone number?
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At a buck a share, Buffet should pick up 500 million shares. In 5 years this will be at $4.00. Many investors trade like Buffet so confidence will come back to the stock and the shorts will go running. Why would anyone short a $1.00 stock. The most you can gain is $1.00 but you could lose two to three dollars. Terrible risk/reward. A Buffet purchase is the anwer. Anyone have the phone number?
Sep 14 12:14 pm
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