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Rawnoc

07/06/09 2:23 PM

#8837 RE: realest #8835

the market has gotten ridiculous again following the March 3 massive panic selloff. It's slowly waking up though.... +176% premium reduced to a +71% premium. If you had invested $10,000 in BBI.B on March 4, 2009 it would be worth $22,352.94 now. If you bought BBI? $13,829.79. You'd have 62% more money buying the BBI.Bs and at virtually any point since the capitulation selloff of March 3-4, and you'd have more money buying the BBI.Bs than if you bought the BBI. It's virtually "free money" (relatively to holding the As) just sitting there waiting to be snagged and has been the successful strategy to go with for the 5 years before March 3-4, 2009 and the 4 months since.