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Burlington Northern (BNI) +50% Profits

Published on February 12, 2010

Burlington Northern (BNI) +50% Profits

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

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