GS Warrants

[snailslug]

In the $ today, albeit briefly.  Incredible, to me, at least, that this would happen so soon.

[ericd1]

And some think Buffett has lost his touch...

 

"...For every dollar that Goldman's stock price rises above $115, Berkshire could potentially make just over $43 million by purchasing Goldman shares at the strike price and reselling them at the higher market price.

 

Barr's example has Berkshire clearing $1.5 billion if Goldman shares rise to $150. The warrants don't expire until 2013, so there's plenty of time for Goldman to move even higher."

 

Excerpt from -

 

http://finance.yahoo.com/news/Warren-Buffetts-Goldman-Sachs-cnbc-14729185.html?sec=topStories&pos=6&asset=TBD&ccode=TBD