General Category > Investment Ideas

WFC - Wells Fargo

(1/269) > >>

Viking:
As expected, Euro banks are selling risk assets and WFC is buying. High supply and low demand should mean very attractice prices. Another recession may result in the (relatively) healthy banks growing substantially by buying assets at firesale prices. As Buffett once commented (I think), WFC management must feel like an undersexed male in a brothel.

http://www.bloomberg.com/news/2011-11-25/bank-of-ireland-said-to-near-sale-of-burdale-lending-unit-to-wells-fargo.html?cmpid=yhoo

Uccmal:
Viking,  do you mean Oversexed, by any chance?   ;)

Liberty:
http://online.wsj.com/article/BT-CO-20111128-711394.html

txlaw:
http://online.wsj.com/article/SB10001424052970204826704577074291361796220.html

racemize:
anyone know what this 2% run up is from? 

Edit: perhaps because it was not downgraded like the rest of the banks?

Navigation

[0] Message Index

[#] Next page

Go to full version