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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. |
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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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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