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Investment Analysis Clubs / The BMW Method

URL:  http://boards.fool.com/warren-buffett-has-promised-to-buy-back-a-30403810.aspx

Subject:  Re: BRK Date:  11/28/2012  6:05 PM
Author:  ferjen Number:  40825 of 41633

Warren Buffett has promised to buy back a meaningful amount of shares if the share price dips below 1.1 book value. It's not that far north of that now (depending how you estimate and calculate book value). This, for most intent and purpose probably puts a floor under the stock price.

Or maybe put a lid on it...why buy it for more than WB is willing to buy it for? Maybe this is why the stock is languishing...
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