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Non-Tech : Banks--- Betting on the recovery
WFC 84.71-1.8%Nov 13 3:59 PM EST

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To: tejek who wrote (486)5/11/2009 6:22:53 PM
From: Petz  Read Replies (1) of 1428
 
Actually, it was AFTER that offering news broke that I bought because the stock went down at first! I considered it good news as well. But I couldn't resist selling Friday, along with half my calls.

What do you guys think a good reentry point is? I was thinking 25.5 or so. By the way WFC's 200 day SMA is ~25.

EDIT - Oh, now I reread your post and realize that I hadn't even seen the news of the spectacular offering results that came after hours Friday.

Petz
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