I think John Paulsen is getting nervous about his LARGE bet on Bank of America and Citigroup.

He’s out beating the drum that they’re going to double in price by 2011. Sounds like a desperate PUMP and DUMP to me…

What’s going to happen when he goes to sell his 160 MILLION shares of BAC?

Foreclosures and credit defaults are going to SKYROCKET again…with unemployment at 11 percent plus which is a counter to his thesis that credit write-downs will ease for the big banks by 2011.

He’s not factoring in the LARGE distaste politically and socially for more TRILLIONS of free taxpayer money going to bail everything out.

Pretty risky bets John Paulsen. But, I’m not a GAZILLIONAIRE ELITE like you, so maybe you’re right…or maybe you’re real nervous about your bet and want to UNLOAD some of your BAC and C stock to the general public before you bail!!!

John Paulsen will bail on BAC and C stock as soon as the FED and Team Obama have given EVERY last drop of FREE Taxpayer money away to them, saddling us with DEBT for generations, while Paulsen will cash out his GAINS at our expense.

- ArtG

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