Author Topic: Fairfax down 8% this morning  (Read 42727 times)

SI

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Re: Fairfax down 8% this morning
« Reply #60 on: November 30, 2012, 09:40:16 AM »
According to the MSCI website, today is the date of change. I don't know enough to talk about when this selling pressure will fade and how many closet indexers there are out there left but the volume that has gone through over the past few weeks has been high enough to account for more than what the analysts have estimated to have been known sellers.


txlaw

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Re: Fairfax down 8% this morning
« Reply #61 on: November 30, 2012, 09:48:22 AM »
I bought myself a bit of FFH today.

LowIQinvestor

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Re: Fairfax down 8% this morning
« Reply #62 on: November 30, 2012, 10:09:50 AM »
This is awesome. Picking up more at $347 and change.

Nice volume.

ourkid8

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Re: Fairfax down 8% this morning
« Reply #63 on: November 30, 2012, 10:18:07 AM »
I sold out of JNJ to increase my position by 66%!  I am really hoping Prem is repurchasing stock at the current price!!!! (I will continue to add when this is a discount to book)  Let's hope the dividend this year is $2/share (His minimum payout) and the remainder of the return of capital is in share repurchases.

Tks,
S

FrankArabia

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Re: Fairfax down 8% this morning
« Reply #64 on: November 30, 2012, 10:26:20 AM »
lets hope these shares go down more....i picked up only a small portion the first time around....nothing better than for the price to sink makes my job much much easier...

wknecht

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Re: Fairfax down 8% this morning
« Reply #65 on: November 30, 2012, 10:30:49 AM »
Pretty close to where Brian Bradstreet was buying

http://www.canadianinsider.com/node/7?ticker=FFH

FYI, Brian Bradstreet was buying during the downturn

ECCO

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Re: Fairfax down 8% this morning
« Reply #66 on: November 30, 2012, 11:12:14 AM »
Bought some cheaper than what Brian Bradstreet paid for his. Xmas gift.

obtuse_investor

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Re: Fairfax down 8% this morning
« Reply #67 on: November 30, 2012, 11:15:43 AM »
Just picked up a few more units under 345...

Part of me wishes they cut the dividend due to sandy and unrealized losses, so I can load up a lot more units.
Value Investor who manages his personal portfolio with a 25-45 year time horizon | @obtuse_investor

Ghost

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Re: Fairfax down 8% this morning
« Reply #68 on: November 30, 2012, 11:26:25 AM »
picked up some shares below 345, less than what Brian paid (348)  Nice xmas gift.

ubuy2wron

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Re: Fairfax down 8% this morning
« Reply #69 on: November 30, 2012, 12:00:03 PM »
I bought some as well had order at 343 went mkt cuz it got to0 close. I put orders on this name well away from the mkt cuz I can not watch it all day long. Its surprising how often I get filled on both sides.