Diamonds and Dogs

3/27/18

Will Warren Buffett and Berkshire Hathaway safe the beleaguered manufacturer, GE? General Electric (GE) is up 5% on market chatter that the billionaire investor, Warren Buffett will take a position or buy the whole company. In the past, Buffett has spoken to the press that he might be interested in GE at the right price. Question is, is GE cheap enough yet to get the famed investor to commit to the turnaround. A great way to end ones' legacy.

Longfin (LFIN) and Bitcoin stocks taking a hit. The blockchain technology firm, Longfin is down 30% as short-selling firm Citron Research called Longfin a pure stock scheme with filings and press releases that are riddled with inaccuracies and fraud. Citron Research expects an SEC investigation at some time.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.