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Stress Tests Show Red Flags At Wells Fargo

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  • #1

    Stress Tests Show Red Flags At Wells Fargo

    Regulators are asking Wells Fargo & Co. to raise more capital after government "stress tests" showed the bank would have trouble surviving if the recession worsens.

    Stress Tests Show Red Flags At Wells Fargo - CBS News
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  • #2
    yea, i sold my long in wells today and went short and got my ass handed to me..It ripped $4.20...Mainly the Buffett rally..I love AXP and WFC short here.

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    • #3
      Originally posted by joshuab1 View Post
      yea, i sold my long in wells today and went short and got my ass handed to me..It ripped $4.20...Mainly the Buffett rally..I love AXP and WFC short here.
      Seems like bad news = going up

      While good news = going down

      I can remember when WFC was $8.50 and now they are being told they will need to raise cash.

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