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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Podsiadlik who wrote (4628)12/11/2008 5:09:42 PM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Went home? For today? For the rest of December?

And well, it might get not approved in the current form; remember the mini drama around paulsons 700B Jumbo. COmpared to that, the carmakers help is merely a chump change. Paulson pissed away more than that in a week, on overpaying options on banks.

Wells Fargo needs help. WB is hard to digest and the stock suffers. There are two ways to trade it. Chinese, the merger and sell WFC stock. WB traded at 0.60 without the WFC deal.