"I Would Prefer It If You Di_n't"

So said Mrs. Sokol's daughter to George Costanza about calling for another date.

I am having this feeling about Barclays Bank (BCS) which is up on rumors of a take over from either the US or Spain--according to what I read from TheFlyOnTheWall.com.

I mentioned in the comments yesterday that I have owned the name for most clients for a couple of years--longer actually. I have no idea about any takeover but if there is anything to the talks I hope it does not pan out.

I think bank stocks are a great way, but not the only way, to capture the UK. Rightly or wrongly I picked the one that I thought was the best way that I think can add value to the portfolio for years to come, that is unless it is gone.

A pop on a takeover helps in the short run but I am more concerned with the longer run.