Ok, I finally decided my pick for the Big Board. D

Ok, I finally decided my pick for the Big Board. Drumroll please.......

It is SAN. Now, most of you probably dont know who or what they are. They have been part of the bailout by FROB, Spains nations bank rescue fund. San is the !st biggest lender in Spain, and BKIA is the third. Both rose friday after an announcment  that FROB will pump 4 to 5 billion euros as a start within the next two weeks.

Santander, Sabadell

Spanish banks rose in Madrid trading after de Guindos announced details of the bad bank. Banco Santander SA (SAN), Spain’s biggest lender, climbed 6 percent and Banco Sabadell SA jumped 10 percent. Bankia rose 6.3 percent. The company released earnings after the close of trading on friday.

So, that is a little. I was looking at this for a week wondering what was going to happen. But, then this morning I saw that Cramer  tweeted about it. So, for two hours I have been pondering this today.

Cuz, yall know I buy these stocks I pick.  I am gonna take a chance and buy it, and pick it for the Big BoardContest. I was trying to decide between this one and KO, coke. It is at a really good buying price right now. So, yall wish me luck. i am kind of nervous.

But my thinking is that they have to make this succeed or spains ecomomy will fail even worse. As everyone remembers back in the crash of 08-09, banks made or broke the market. When all the bank stocks crashed, me and Steeler went on a bank buying frenzy. We each bought 10 different bank stocks and sat and waited. Within a year or two, almost everyone rose more than 40%-70%. We made a killing.  so, I am thinking this will do the same. It is all ready up almost 5% since friday. OTC pick to follow in a bit. Thanks