aws Posted September 18, 2015 Share Posted September 18, 2015 I was buying some BRK.B right before the close today and ended up watching something weird happen after hours. Normally I don't think Berkshire trades at all in AH, but it started trading pretty heavily and was down almost 1% on over 1 million shares of volume. I spent like 10 minutes looking for some type of press release because I was curious what was causing the stock to move. I think I just figured it out though. The last print on B shares was 129.10 but on A shares it was 192,200. 1/1500th of that is 128.13, meaning A shares could be converted at a profit to B shares. I'm not sure how often that happens but it caused both B and A shares to have a lot of after hours activity. I wonder if any humans were involved in those trades or if it was a flash crash type situation. Link to comment Share on other sites More sharing options...
karthikpm Posted September 18, 2015 Share Posted September 18, 2015 Warren Buffett talks about this on BRK's website http://berkshirehathaway.com/compab.pdf Link to comment Share on other sites More sharing options...
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