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14-07-2022, 03:20 PM
Rumour of Buffett selling turn out to be false.
He hasn't sold anything. If he did he beed to declare and BYD said no declaration filed. So it is all false rumors.
Even if he did he may do so in small amounts to raise cash for other purchases. But right now he has a cash pile so don't need to sell anything.
I just don't see the need for investors to panic.
Buffett may be just registering his stock in case the stock explode to $600 he will sell some into strength.
The way the market reacted makes no sense.
He hasn't sold anything. If he did he beed to declare and BYD said no declaration filed. So it is all false rumors.
Even if he did he may do so in small amounts to raise cash for other purchases. But right now he has a cash pile so don't need to sell anything.
I just don't see the need for investors to panic.
Buffett may be just registering his stock in case the stock explode to $600 he will sell some into strength.
The way the market reacted makes no sense.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
