Buffett would review pink-sheet quotes for stocks not listed on the New York Stock Exchange because the lack of publicly posted prices would reduce competition. Buffett would call all the market makers and fight mercilessly with them. If there were shares selling at $5 a share, he would offer $4 and 3/4. This is what he would call “throwing the line,” which would determine how hungry the seller was, and then Buffett would drop his price again and do it again and again. However, when Stanton realized that Buffett was the one buying many of his shares, he tried to "convince" Buffett to make a deal, and then he denied making the deal with Buffett. This made Buffett furious, so instead of selling, he decided to buy to gain control and power of this company. His friend started to notice when he bought enough to get a spot on the board, so they started buying. Warren became extremely angry because this matter was personal to him, so he bought them out. The only problem was that they were his friends, but there were others who also noticed and started buying, which created