I was not aware that BCO had such an important presence in Venezuela. Though, I guess, short term this looks to hurt the bottom line, I think BCO is making the right move. Venezuela is a cesspool and friankly, they are wise to reduce their exposure there. You never know what the Chavez gov't might do. Good riddance, I guess.
I only have a small position in BCO. I havn't felt confidant, just yet, to add to it. But I am watching it carefully. I think she will return to the $30's in '10. Who knows after that.