Hoping it keeps on going up and one day - one day my friends is higher than JPMC
12 replies (most recent on top)
Checked the market today....?
So far today Chuckie has lost over $370k in stock value. Just today.
Sure that's a drop in the bucket for him and he won't miss it, but its sure a big number for us regular people.
Seeing WF from the inside, I would never put my meager money into this companies stock.
I'm amazed that no mentions the opportunity cost. While you're sitting around waiting for the stock price to go up, you could have been in other investments making much more money. Massive missed opportunity.
https://www.reuters.com/article/us-wells-fargo-assetmanagement/exclusive-wells-fargo-close-to-deal-with-buyout-firms-for-asset-management-business-sources-idUSKBN29J2AF
There goes Asset Management
We should pass them eventually, all the people that cleared out American IT are coming here now. Guess what is happening?
Yes we're all curious to see if that empty suit shuffled the shells around enough to fool the market
Let's see what happens tomorrow when the fourth quarter numbers come out but it is encouraging so far. Low to mid $40's would be nice.
It’s going up because bonuses are about to be paid. Once the non-cash has been allocated the share price will sh!t the bed once again.
It doesn’t matter if it’s higher than JPMC. It matters if the rate of appreciation between now and then outperforms any given index fund. If not, you are silly to overleverage yourself out of company loyalty. You people are starting to spook me a little.
Maybe you should take a basic spelling class before telling people to take a basic math class
Are you nuts?
The stock is still don 65%; maybe you need to take a basic math class! Glad you dont manage my money
wasn't that long ago we were valued at $300B and JPM was something like $200B. One day your down and out the next you're on top of world. Don't worry the tide is turning. Places like JPM have done well the last couple years due to trading and investment banking. We're not into glamor industries but more run of the mill stuff, but it's far more stable and less risky. Wells Fargo has some brilliant people with a conservative investing approach, the market may not appreciate it right now but it will pay off.
Doubt we'll supplant the House of Morgan, but we don't need to in order to be very successful. It is good to see a bit of rebound in the share price. What we really need is some more of the consent orders lifted and the FRB asset cap. Those are really weighing on our business.