WFC hehehe

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  • fluffygrrl
    So Fucking Banned
    • May 2006
    • 2187
    #1

    WFC hehehe

    So having sold a few k's short back Fri, how much have I made so far ?

    Thanks to all the confused investors and their IRAs for making the cleannout possible.

    Financials + Shorts = Bank.
    Tags: None
    • teomaxxx
      Confirmed User
      • May 2003
      • 2737
      #2
      thats right, there is still shitload of money to be made by shorting or buying put positions. The worst for financials hasnt still arrived....

        Comment

        • fluffygrrl
          So Fucking Banned
          • May 2006
          • 2187
          #3
          Not by a long shot, especially for a bank like WFC, that's trading within a few %'s of it's 1 yr target, under the pressure of 80+ Bn in HELOC exposure in such grand markets as California.

          The press is all busy pounding lehman etc, but Wells Fargo is actually in a much worse position.

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