Tuesday, February 3, 2009

Frustrating Action

Here are some names to chew on, I especially like WFC as a short. I believe the dividend is in major jeopardy and I am hearing strong chatter that they will be coming to market for a major cash raise which will be incredibly dilutive. By the way, we are killing them over on Stocktwits, and if your not on the inside, you're on the outside. have a great night. We boycotted CNBC on it today, what a gas.


Stewie said...

i don't think it stands a chance either but how long will we dance and tease that level before the eventual breakdown....frustration continues....

About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.