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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.
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.
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.
Stress Tests Show Red Flags At Wells Fargo
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