No. of Recommendations: 0
The common looks weak on the open, down another 1 % plus after this big move higher, the common was up 10 % in a month.
What I find interesting is the early buyers of those 525 calls that expire this Friday didn't take any profits with brkb at 549 plus. No profit taking in a brilliant well time buy in an option that isn't very liquid?
Terrible greed, badly misplayed, OR, they still think they have the buyer power to take the common above 550 by Friday.
OR, those long the calls still think we will have material nonpublic info by Fridays close?
3 days to get the common to 550 plus, they better have 8-10 million shs to buy or hope Santa is on his way with great news. :)
