Custom Search

Tuesday, November 3, 2009

Berkshire to buy Burlington Northern!!!


$100 a share!

On October 5, I said you can buy the railroads.

Because in this market, whenever you see a rollover on the charts it doesn't happen.

Two takeovers in two days.

And for those who wonder why I advertised it with Syd Davy?

He's a railroad train engineer--for CSX!

But for those interested in conspiracy stories, yesterday someone bought 649 of the Nov 80s calls on BNI for .80 which will be worth 17+ this morning!!!
 
Someone yesterday also bought 690 of the Nov 50 calls on BDK at .85 which will be worth 8 this morning.


Which means Buffett's betting that the economy isn't rolling over!!

Just when the shorts thought they were seeing some light at the end of the tunnel!

7 comments :

Anonymous said...

Look at those lonely Nov $85 calls sitting at 10-15 cents!

Palmoni said...

No leakage on those!

Anonymous said...

pshaw! yea like he was not the one who bought gs at 115 just to see it drop to 65.

Anonymous said...

P - Are you buying into the trashing of the semis that is going on?

Some of the Jan & Mar calls on these are looking pretty cheap.

Anonymous said...

Correction Palmoni: Syd is with Canadian Pacific Railway (CP).

Palmoni said...

Yeh--I goofed on that--I remember when I wrote it, that it looked wrong.

Come on--he makes the trek from Canada--

thanks for pointing that out

Anonymous said...

[url=http://firgonbares.net/][img]http://firgonbares.net/img-add/euro2.jpg[/img][/url]
[b]software support price, [url=http://firgonbares.net/]adobe creative suite 3 mac upgrade[/url]
[url=http://firgonbares.net/][/url] office 2003 bypass product key buy software microsoft
microsoft office 2007 educator discount [url=http://firgonbares.net/]cheap web software[/url] nik software discounts
[url=http://firgonbares.net/]buy software online australia[/url] cs3 academic software
[url=http://firgonbares.net/]quarkxpress[/url] discounted computer software
buy downloadable software [url=http://firgonbares.net/]buy dreamweaver template[/b]