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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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Thread Tools |
05-07-2008, 10:33 AM
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#1 |
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So Fucking Banned
Join Date: May 2006
Posts: 2,187
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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. |
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05-07-2008, 10:48 AM
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#2 |
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Confirmed User
Join Date: May 2003
Posts: 2,734
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thats right, there is still shitload of money to be made by shorting or buying put positions. The worst for financials hasnt still arrived....
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05-07-2008, 10:51 AM
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#3 |
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So Fucking Banned
Join Date: May 2006
Posts: 2,187
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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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