IMHO the bailout HAS to happen. And it will. The Sage of Omaha doesnt get a 5 billion dollar call wrong.
HOWEVER, this SP has trebled since it's lowest low (0.78)...and what goes up, must come down. I've made my few Gs profit hence sold.
Going forward IMHO it will be a bad day in Wall St tonite. Come back Monday morning and buy when this falls back to $1.50. Then wait for the bailout to come through and see SP jump to $4-$5 over the week.
There you go my HC friends. I cant outline it any clearer.
BNB Price at posting:
$2.31 Sentiment: None Disclosure: Not Held