Friday, September 26, 2008

FYI AGM is a NO BUY now...

I just noticed that Berkshire Hathaway is on the no short list.
Isn't he supposed to be the man.

What gives? But that does explain the big rally in the stock.
The truth was to fade the pop on Friday of last week.

I did buy AGM and gave valid reasons for owning it, but I didnt see this:
"Farmer Mac, as government-sponsored enterprise Federal Agricultural Mortgage is known, plunged 65 percent to $5.25 since Sept. 18. The Washington-based company said Sept. 22 that its reserves may fall short of federal requirements. Farmer Mac hired a financial adviser to assist in selling assets and common and preferred stock. "

Need to deliberate. Cannot say to own it, currently

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