Burlington Northern (BNI) +50% Profits
Published on February 12, 2010
Published on February 12, 2010
Burlington Northern Santa Fe Corporation (BNI) shareholders today voted overwhelmingly in favor of the company’s acquisition by Berkshire Hathaway Inc. (BRK.A, BRK.B), securing a path for BNSF Railway to continue to build upon its position as one of America’s premier freight transportation companies.
And this completes our Free BNI Credit spread trade for a +56% gains for little over 3months holding period.
Here was another free trade on Berkshire, as Berkshire Hathaway will be added to the S&P100 and S&P500 at the close of today (Feb 12, 2010).
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Profitable Trading, OP