SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Fundamental Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bruwin who wrote (927)5/8/2009 9:46:55 AM
From: Madharry  Read Replies (1) of 4719
 
thank you. once more im surprised at the market reaction to both the stress tests and the decision of wfc to raise capital at a discount. Im not suspicious of the entire bank rally and wonder how much of it has been manipulated in both to get good prices for the bank shares and to insure the liquidity by presumably allowing in the case of wfc entities to short the stock in the market the day before knowing they will be able to cover the short with the proceeds of the offering and locking in a nice profit. Given that I believe all the domestic economic news going forward is likely to be negative for quite awhile. Im not sure i want to rush back in to wfc anytime soon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext