Tuesday, August 19, 2008

Bet Big on Biden

Howard Fineman is convinced, and it's time to take action. In an analysis on MSNBC's website, he said: "Barring a big surprise or last-minute change of heart, the choice is likely to be Sen. Joe Biden of Delaware, chairman of the Foreign Relations Committee."

Chuck Todd, appearing on Countdown with Keith Olbermann tonight, pointed out the grin on Biden's face during his non-denial denial and noted the top VP contender's decision to go golfing instead of sitting home and sulking today was telling.

Bottom Line - While it would have been better to have gotten on board the Biden bandwagon last week, when he was still selling for $1/share, it's not too late. The Biden stock is still a steal at its current $3/share, and is likely to spike, at least in the short term, while the Biden speculation builds. Buy as much as you can, and, just to be on the safe side, short Clinton, Clark, and Sebelius.

No comments: