goldfinger Posted June 2, 2011 Share Posted June 2, 2011 What about the buybacks? What about them - they have been going on irrespective of price for a very long time. Let's see... Gates learned a few things for Buffett and is a major holder of MSFT. He probably (along with other friends at Microsoft) is very instrumental in the buyback thing. In the last 3 quarters 11B$ were spent on buybacks. To me it did increase his ownership of MSFT well in excess of the stocks he sold this year. MSFT has showed its willingness to give special dividends instead when appropriate. Link to comment Share on other sites More sharing options...
goldfinger Posted June 2, 2011 Share Posted June 2, 2011 I will probably be taking some msft off the table for WFC if we get another day like this. Do you still own some C and BAC? Link to comment Share on other sites More sharing options...
ERICOPOLY Posted June 2, 2011 Share Posted June 2, 2011 I will probably be taking some msft off the table for WFC if we get another day like this. Do you still own some C and BAC? Still own C, but traded out of BAC. EDIT: Have some BAC now -- bought the 2013 $12.50 strike for $1.37. Break even point is barely higher than today's tangible BV. Link to comment Share on other sites More sharing options...
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