Short Wells Fargo Wtc

Quote from dearinfinity:

Short term top @ 21.89,

bottom @ 16.48. We'll see how this goes.
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Agree with you. I hope some bagholders will not soon start wrting: hey dearinfinity is riskfreetrading.
 
Haha yeah for real. Regardless, I picked up a FAZ Jun 09 (9) call the other day when FAZ was below 8. Figure we've got 50 days to see a reversal, and if we do it will be telling, but if we don't, I'll consider going long the market.
 
Quote from shortie:

May 2 (Bloomberg) -- Billionaire Warren Buffett, whose Berkshire Hathaway Inc. is the largest shareholder in Wells Fargo & Co., said the lender is a “fabulous” company.

“All banks aren’t alike by a long shot, and in our view Wells Fargo, among the large banks, has some advantages the others do not,” Buffett said today at Berkshire’s annual meeting in Omaha, Nebraska.

either marketsurfer or Buffett has gone insane...
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buffett has been EDIT EDIT EDIT for some time--- metaphorically speaking ofcourse! the oracle couldn't be me wrong with this one, he and the followers are going to take a bath on this one, mark my words.....

surf :D
 
Quote from riskfreetrading:

If WFC goes above $25 in the next 25 days or so, I will kiss buffet' old ass in downtown new york.
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Regardless of what WFC does, it's obvious that you are a big time ass kisser.
 
Fly had the right idea in 2007 and 2008 to get short and stay there on banks, but golly gee whiz now that the government has stepped in it makes me nervous to short any but the worst of the not to big to fail banks. I'm still long UCBH and sold a few 2.5 puts the other day to add to my position under two bucks per share. (I know i'm crazy to think they have one of the best risk to reward ratios of any bank, so don't waste my time pointing that out.) If they continue on down to zero i'll buy an infinite number of shares and own it all.:eek:
 
She keeps moving higher surf......are you shorting all the way up to 25....or did you buy your whole posistion at 19.6.........This looks like it is heading to 25. aLSO WHY 25.07.......What is your reasoning.

SHORT3R
 
Quote from stock-short3r:

She keeps moving higher surf......are you shorting all the way up to 25....or did you buy your whole posistion at 19.6.........This looks like it is heading to 25.

SHORT3R
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no, everything is in at 19.60. i'll throw in the towell if 25 is hit....

we'll see!

surf
 
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