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Aug 3, 2015 BERKOWITZ BRUCE R Beneficial Owner (10% or more) 8,000 Indirect Purchase at $20.21 per share. 161,680 Jul 23, 2015 BERKOWITZ BRUCE R Beneficial Owner (10% or more) 1,400 Indirect Sale at $22.09 per share. 30,926 Jul 22, 2015 BERKOWITZ BRUCE R Beneficial Owner (10% or more) 250,000 Indirect Sale at $21.92 per share. 5,480,000 Jul 22, 2015 BERKOWITZ BRUCE R Beneficial Owner (10% or more) 250,000 Indirect Purchase at $21.96 per share. 5,490,000
I did not Bee. Connecting a line across all the new lows for this stock over the last 3 years shows a very predictable pattern. 20-22 looked like the new low before yet another predictable bounce up, but I didn't bite I did make a safer buy on AAPL when it dropped to 114 this week.
I have all I can stomach by owning BB's fund (FAIRX).
It was refreshing to own several items which "zigged" when the market "zagged" over the past few days. A few reits along with FAIRX did well.
Frankly, I won't be the least upset when BB clears the portfolio of all SHLD holdings. Those stores are like ghost towns, and I'm not sure I buy into their logic on holding this for the intrinsic real estate valuations.
But the other item which buoyed FAIRX were the Fannie and Freddie positions...which are quietly making a "bee-line" to the best returns within his basket of holdings.
Comments
Sears Holdings (SHLD - Get Report): "I don't see a future there."
http://www.thestreet.com/story/13208541/1/mad-money-lightning-round-i-see-no-future-in-sears.html?puc=yahoo&cm_ven=YAHOO
Aug 3, 2015 BERKOWITZ BRUCE R
Beneficial Owner (10% or more)
8,000 Indirect Purchase at $20.21 per share. 161,680
Jul 23, 2015 BERKOWITZ BRUCE R
Beneficial Owner (10% or more)
1,400 Indirect Sale at $22.09 per share. 30,926
Jul 22, 2015 BERKOWITZ BRUCE R
Beneficial Owner (10% or more)
250,000 Indirect Sale at $21.92 per share. 5,480,000
Jul 22, 2015 BERKOWITZ BRUCE R
Beneficial Owner (10% or more)
250,000 Indirect Purchase at $21.96 per share. 5,490,000
Maybe when I retire I'll have more time play.
Frankly, I won't be the least upset when BB clears the portfolio of all SHLD holdings. Those stores are like ghost towns, and I'm not sure I buy into their logic on holding this for the intrinsic real estate valuations.
But the other item which buoyed FAIRX were the Fannie and Freddie positions...which are quietly making a "bee-line" to the best returns within his basket of holdings.
Sorry...couldn't help myself.
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