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Strategies & Market Trends : Fundamental Value Investing

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To: Spekulatius who wrote (911)5/6/2009 2:05:27 AM
From: bruwin  Read Replies (2) of 4719
 
Spekulatius, you stated elsewhere that ....

"WFC will need to raise a bunch or (of ?) green as well."

I'm not into banks, but you have a good insight in that regard. I'd be interested to know (in layman's language !!) what your reasoning is behind your statement regarding WFC.

Although it's probably early days yet, their stock price seems to have been performing fairly well in recent times, currently trading at about $23.20 after hitting a low of $8.12 as recently as 5 March 09.
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