Author Topic: GS Warrants  (Read 1827 times)

snailslug

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GS Warrants
« on: March 24, 2009, 11:47:11 AM »
In the $ today, albeit briefly.  Incredible, to me, at least, that this would happen so soon.


ericd1

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Re: GS Warrants
« Reply #1 on: March 24, 2009, 01:49:26 PM »
And some think Buffett has lost his touch...

"...For every dollar that Goldman's stock price rises above $115, Berkshire could potentially make just over $43 million by purchasing Goldman shares at the strike price and reselling them at the higher market price.

Barr's example has Berkshire clearing $1.5 billion if Goldman shares rise to $150. The warrants don't expire until 2013, so there's plenty of time for Goldman to move even higher."

Excerpt from -

http://finance.yahoo.com/news/Warren-Buffetts-Goldman-Sachs-cnbc-14729185.html?sec=topStories&pos=6&asset=TBD&ccode=TBD