Considering Buying BRK.B Shares After a 99% Drop:
Potential Risks:
1. Invalid Trade: If the drop is due to a malfunction or error, trades might be canceled, leaving buyers without shares or funds tied up.
2 Market Impact: A sudden drop could cause significant market volatility and further trading halts or investigations.
Potential Rewards:
1. Temporary Opportunity: If the drop is a temporary glitch, buying shares at an extremely low price could yield significant returns if trades are honored.
2. Fundamental Value: Berkshire Hathaway (BRK) is fundamentally strong, and a price drop of this magnitude would typically be seen as a buying opportunity if valid.
Conclusion:
Due Diligence: Verify the cause of the drop and monitor news from regulatory bodies and exchanges.Risk Management: Be prepared for the possibility that trades may be reversed and only invest what you can afford to potentially lose in this scenario.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
