Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

BOREF

September 8, 2017

As hurricanes threaten many of our friends and neighbors, it seems silly, or perhaps even heartless, to write about anything else.

But as several of you asked why BOREF dropped from $5 to $2 yesterday, I thought I should respond.  The drop was on a volume of 1600 shares.  Presumably, some trusting soul — or perhaps the executor of an estate that held the shares — placed an order to sell those shares “at the market” and his broker, or some other dealer, paid $2.  Scandalous.  Had the seller placed a limit of $5, that’s the price he or she would have received.  And that remains the price at which shares are currently offered.  Nothing has changed.

Have a great weekend . . . as we all hope for the best for those in peril.

 

 

 

Post navigation

← The Really Big Picture
Troll Farms and Gay Muslims →

Quote of the Day

"Equity money is dynamic and debt money is static."

Sir Edmund Burke

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • What Reagan, Rogan, Bono and AOC Have in Common

    July 3, 2026
  • Depoliticize The Court!

    July 1, 2026
  • Watergate Shmawtergate

    June 29, 2026
  • Handing The Mic To Heather Cox Richardson . . .

    June 28, 2026
  • A Great Resource For Protecting Democracy

    June 26, 2026
  • Vote For Steve! Vote For Me!

    June 25, 2026
  • Superpower Vacuum

    June 24, 2026
  • Thwarting Their Plans

    June 23, 2026
  • It's Catching On

    June 22, 2026
  • Pro-Coal, Anti-Diversity, a Question -- and a Bonus!

    June 19, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams