This stock has been hit hard due to downgrades and fraud allegations. It is a quality bank, and has been way oversold. Hedge Funds and mutual funds will be loading up at these cheap prices..
WSFG.. Watch out for a big opening tomorrow!
- Thread starter nwtrader245
- Start date
I dare you to short it. You missed the boat. You will get burned soon enough. It has dropped 60% in five days.
I hope you shorted it!
Looks like a dead cat bounce to me ....
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=wsfg
the only savior for this one is the ben bernanke bounce on tuesday. short at the open on monday, cover mid-day and buy for the bernanke bounce. now that's how you squeeze a dollar ...
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=wsfg
the only savior for this one is the ben bernanke bounce on tuesday. short at the open on monday, cover mid-day and buy for the bernanke bounce. now that's how you squeeze a dollar ...
timmay we all know you suck...no need changing handles...wow you are shameless
This isn't Timmy, and if anyone would have listened, they would have made 55%. I bought in at 4.55 last Thursday and sold at 7.05 on Halloween.
Not enough price history to shake my dick at. And, all distribution. Yes, dead cat bounces can and do occur. Nothing to really "bank" on.
Eh, how would you know what a quality bank is? Loan to deposit ratio? ROA? Too many write-offs? Not enough write-offs? Net interest spread? Blend of commerical to consumer loans? The tellers are nice?
Does a "quality" bank translate to the paper? Chart, albeit brief, speaks for itself.
Eh, how would you know what a quality bank is? Loan to deposit ratio? ROA? Too many write-offs? Not enough write-offs? Net interest spread? Blend of commerical to consumer loans? The tellers are nice?
Does a "quality" bank translate to the paper? Chart, albeit brief, speaks for itself.