I would do the same thing if I had the cash in hand. If he gets it for the bid now he did well in my opinion.
Others may think differently, but then he bought to early not to much.
I have been reading all of the back issues of the CCNL's and find it funny in today's pricing that guys were complaining about them being to much and prices climbing almost as soon as the newsletter started.
Just remember, to early not to much!
Dave