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-   -   WFC hehehe (https://gfy.com/showthread.php?t=826976)

fluffygrrl 05-07-2008 10:33 AM

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.

teomaxxx 05-07-2008 10:48 AM

thats right, there is still shitload of money to be made by shorting or buying put positions. The worst for financials hasnt still arrived....

fluffygrrl 05-07-2008 10:51 AM

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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