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Matt

05/05/2020 20:59

$XPRESSPA GROUP Warren Buffet pulled all airline investments, got to wonder what that means for XSPA.
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All Comments(5)

JaySee05/06/2020 11:48
buffet pulled all of his airline stocks because of how in debt they are becoming. he said they will be taking huge chunks of their profits to pay back loans for years and they will not be AS profitable. people will still by flying. he's looking at their overall profit after paying back what they're borrowing right now.

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GoBulls05/05/2020 22:23
Absolutely nothing!

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cod***com05/05/2020 21:59
from my understanding he had more than 10% of the company in stocks in one airline. after 10% you are considered an owner which hits the taxes differently for everyone involved. he didn't pull all of his stock from all airlines just pulled from this one airline to get under 10%. unless he did something since the last time I saw.

Noah05/06/2020 01:48

I think he said in the annual meeting that they did pulled the plug on all airline stocks

Matt05/05/2020 22:26

Thanks for the intelligent answer, hard to come by on Webull.

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🙏🙏🚀🚀🖕🤡05/05/2020 21:38
Probably absolutely nothing

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