The Motley Fool Discussion Boards
Stocks B / Berkshire Hathaway
|Subject: Volume||Date: 12/13/2012 2:01 PM|
|Author: mungofitch||Number: 196907 of 228609|
I was just checking the volume from yesterday for the A's and B's.
Obviously a lot of people traded on the news, but one can not help but wonder if Berkshire was itself a buyer.
The stock price was below the new buyback threshold at a few times during the day.
Ignoring the background rate of trading, the dollar value of the amount
by which yesterday's volume exceeded its three month average was $952m.
Wouldn't it be nice if, say, 2/3 of that were buybacks?
Not likely, but hey, a guy can dream.
The price has been below the threshold much more of the day today.
But the volume looks like it will be only $50-100m above average.
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