Diamonds and Dogs
Will Warren Buffett and Berkshire Hathaway safe the beleaguered manufacturer, GE? General Electric (GE) is up 5% on market chatter that the billionaire investor, Warren Buffett will take a position or buy the whole company. In the past, Buffett has spoken to the press that he might be interested in GE at the right price. Question is, is GE cheap enough yet to get the famed investor to commit to the turnaround. A great way to end ones' legacy.
Longfin (LFIN) and Bitcoin stocks taking a hit. The blockchain technology firm, Longfin is down 30% as short-selling firm Citron Research called Longfin a pure stock scheme with filings and press releases that are riddled with inaccuracies and fraud. Citron Research expects an SEC investigation at some time.