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.
Quote of the Day
Farming looks mighty easy when your plow is a pencil and you're a thousand miles from the corn field.~Dwight Eisnehower
Request email delivery
- Feb 21:
The Case For A Conservative Boycott
- Feb 19:
You Don’t Think Smart People Can Be Scammed?
- Feb 17:
Long-Weekend Reading: The Compelling Nonpartisan Case For A Boycott
- Feb 15:
Coats: We Are Under Attack
- Feb 14:
The Rabbi’s Hat
- Feb 13:
TED’s Playlist for a Long Life
- Feb 12:
Pre-Empting The October Surprise
- Feb 9:
The Least Worst — and Six Trends For 2018
- Feb 8:
My Friend Wrote A Book; WheelTug Signed SunExpress
- Feb 6:
The Market. But First, Humor.
- Feb 21: