I just sold 36 BERKSHIRE HATHAWY-B shares. I now own 14 free BRK-B shares worth $1100. February 23, 2010Posted by deminvest in Berkshire Hathaway, BRK, Defensive Stock.
Thanks Warren Buffet! Today my $2,849 came back home from their 8 months trip to conquer me free stocks.
My “Free stock of the month” is Warren Buffet’s famous Berkshire Hathawy.
On July 15 I had bought 1 BRK-B share at 2,849. After a while Buffet decided to split it into 50 shares.
Tody I hit my target: BRK-B shares are 40% up since July 15
Today I sold 36 BRK-B shares at $79,91 each. Total amount cashed: 2876.76
My thinking back in July was correct: Berkshire made plenty of money lending cash at huge interest rate to large banks right before the government stepped in to bail them out. Those bonds are even convertible. Should bank shares recover, Buffets bet would yield tenfolds.
Anyway, I hit my 40% up so I sold 36 BK-B.
Now I got all my invested money back. Plus I have gained something:
- 14 free shares of BRK-B (worth $ 1108)
- and 25$ more on my bank account!
Thank you once more, my dear FREE STOCKS STRATEGY !