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7 pts

Opinion on  U.S. Bancorp (USB)     Sector: Financial  >  Industry: Money Center Banks
Now that We all Know Buffett is wrong. What do we do?

Jan 12, 2008 04:15 PM GMT
Barbaro
Return Risk
+3.43% HIGH
Associate

Favorable/Unfavorable Valuation  

How many of you people that own this stock own because Buffett owns? Or more importantly how many of you own this POS with no sound fundemental game plan on how you are going to see a positive return? Or should I simply ask you, how many will dump after it is announced that Buffett dumped?

When you buy on the news that Buffett bought, when do you sell?

Fact!!!!! Banks are diving..

Fact!!!! First Buffett will dump and then he will tell you he dumped...

Fact!!!! Pros will know that he dumped before you do...

Fact!!!!! If a stock drops 20% on fundementals. Drops another 20% nthe pros knowledge of Buffett's action and then opens 20% on the news headline that Buffett sold. YOU ARE SCREWED.

Wake up folks American Express took the dive I told you would happen. Buffett cannot protect a POS stock from falling. Nobody can.


USB:  This call was made on 01/12/08 @ $30.15
Rating:   Negative   $30.15 (01/12/08)
Closed:   09/15/2008 @ $32.01 (-6.17% in 247 days)
Target:   $26.00 (-13.76%) in > one year


+ Referring to this analysis:


Comments (1)

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abates   N/A     0 point   commented 591 days ago reply

Buying what buffet buys is a losers strategy, if its his returns you seek then just buy some class B Berkshire stock


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shaneh2 14% 01/13/2008


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