Originally Posted by Stewie:
Warren Buffet took a huge stake in gold in Q2. Surprising since he's always said gold is a relic with no value and pays no interest or dividends.
We'll see. Some gold producers jumped 42%+ today.
Warren has influence for sure.
I heard Berkshire bought shares of a mining company, is that what you're referring to? [Reply]
Originally Posted by Stewie:
Warren Buffet took a huge stake in gold in Q2. Surprising since he's always said gold is a relic with no value and pays no interest or dividends.
We'll see. Some gold producers jumped 42%+ today.
Warren has influence for sure.
Wrong
Originally Posted by EPodolak:
I heard Berkshire bought shares of a mining company, is that what you're referring to?
More correct. It's Berkshire buying. And 500M is about 0.1% of Berkshire’s market cap which means it probably ain’t Buffett doing the buying but one of his sidekicks. Secondly no one is carrying on about his $2.1bn addition to his Bank of America holdings bringing his ownership of that bank to over 12%. That’s huge news especially given anything over 10% bank ownership requires him to publicly disclose his transactions. [Reply]
Originally Posted by Stewie:
There is going to be a crop assessment starting today in the Iowa, Illinois and Indiana areas that are affected. 100 mph winds may or may not ruin a crop. If it's just laying over it's fine, if corn is broken at the stalk you'll only be able to salvage a small percentage. There's an assumption that most of these farmers have crop insurance... insurance for out buildings, too.
I’ve seen a lot of pictures on agtalk. There is real damage on even shit that’s still standing.
Broke is fucked. Laying over is only moderately less fucked. If the ear is sitting on dirt it will rot right now. If it tries to fill it’s got half the leaf tissue to make starch. Then harvestability becomes a pretty big issue. Big thing is the leaves have been stripped off of virtually every picture I’ve seen. That’s bad news. Also saw a bunch of pictures of damaged ears. I assume hail. [Reply]
Originally Posted by Hammock Parties:
You need the stomach. It will pop soon enough.
I don’t know what you consider popping but it’s 52 week high is 3.98. I don’t see anything that would drive that stock that high or over that right now. [Reply]
Originally Posted by MGRS13:
I don’t know what you consider popping but it’s 52 week high is 3.98. I don’t see anything that would drive that stock that high or over that right now.
Originally Posted by Hog's Gone Fishin:
You haven't done your DD.
DD :-) I despise buzz words. Their increased revenue and cash on hand seem to be worked in to the price all ready. Hey I’m talking about them they are at least on my radar probably shouldn’t be. I just don’t see a sizable increase, again depends definition of pop. [Reply]
