No. of Recommendations: 1
The volume in brkb was very strong again today, it's hard to say if Greg is an aggressive buyer below 500 or if other buyers have emerged. brkb up 1.3 % today and the As had strong volume as well. We find out on august 15th or so if brk is the buyer.
Obviously, my bet that we see 495 plus by Thursday was easy, brkb testing 500 by Friday is now a 50-50 shot.
It looks like the forced index buying in spcx will happen at a valuation of about 2.7 to three trillion. Hopefully Greg and team brk will find better more conservative value going forward than Nasdaq 100 index type funds.
