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Author Topic: WFC - Wells Fargo  (Read 649585 times)

Ballinvarosig Investors

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Re: WFC - Wells Fargo
« Reply #1990 on: November 13, 2020, 07:59:52 AM »
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Cardboard

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Re: WFC - Wells Fargo
« Reply #1991 on: November 24, 2020, 02:45:38 AM »
Buffett's blessing: really dumped most of remaining shares in Q3 comparing Q2 to Q3 13HR filings. Probably out now.

That was a lot of downward pressure which is now gone. It could now rally just like the airlines did after he got out. LOL!

This is one cheap money-center bank. With Biden having chosen Yellen for Treasury Secretary instead of crazy Liz Warren, I could see this going into a major relief rally. Plus it is definitely a "vaccine" stock.

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Castanza

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Re: WFC - Wells Fargo
« Reply #1992 on: November 24, 2020, 05:49:07 AM »
Anyone have any thoughts on how Yellen might benefit or hinder the asset cap situation? She seems quite reasonable and bipartisan. I could see her spending some time on this to pressure the Fed into removing the cap.
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rb

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Re: WFC - Wells Fargo
« Reply #1993 on: November 24, 2020, 07:21:02 AM »
Quote from: Castanza on November 24, 2020, 05:49:07 AM
Anyone have any thoughts on how Yellen might benefit or hinder the asset cap situation? She seems quite reasonable and bipartisan. I could see her spending some time on this to pressure the Fed into removing the cap.
Sure. But on the other hand I wouldn't call Powell a dick either. There's also the fact that it was Yellen that imposed the cap on Wells as pretty much the last thing she did at the Fed. So I don't know.
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CorpRaider

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Re: WFC - Wells Fargo
« Reply #1994 on: November 24, 2020, 05:16:48 PM »
Wells, that's what's up.
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rb

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Re: WFC - Wells Fargo
« Reply #1995 on: November 24, 2020, 05:48:31 PM »
Quote from: CorpRaider on November 24, 2020, 05:16:48 PM
Wells, that's what's up.
Fine work good Sir!
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Junto

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Re: WFC - Wells Fargo
« Reply #1996 on: December 04, 2020, 04:46:11 AM »
Congratulations to all that bought in size in low $20-$22. More rebound yet to come to those that are patient.
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Broeb22

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Re: WFC - Wells Fargo
« Reply #1997 on: December 04, 2020, 08:11:54 AM »
Quote from: Junto on December 04, 2020, 04:46:11 AM
Congratulations to all that bought in size in low $20-$22. More rebound yet to come to those that are patient.

Also congratulations to all the people who bought like a coward around $24-26.
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CorpRaider

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Re: WFC - Wells Fargo
« Reply #1998 on: December 04, 2020, 11:04:54 AM »
My man.  I'm saving my "Buffett is my Wells contra" tweets for a little bit longer.   ;D

Also, stripe is apparently about to obviate the entire industry.
« Last Edit: December 04, 2020, 11:07:09 AM by CorpRaider »
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lnofeisone

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Re: WFC - Wells Fargo
« Reply #1999 on: December 04, 2020, 11:25:14 AM »
Quote from: CorpRaider on December 04, 2020, 11:04:54 AM
Also, stripe is apparently about to obviate the entire industry.
LendingClub certainly obviated consumer lending.  ;D Though I should be quiet with my WFC average being north of where we are today.
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