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  • Bank Of America: Don't Read Too Closely Into The CFO Resignation [View article]
    Jul 28, 2015. 08:44 PM | Likes Like |Link to Comment
  • Wells Fargo Investors: Don't Get Duped By The Media [View article]
    I think the Pro section must have experienced an upgrade or summat, I had two articles appear WSJ one paragraph and fade as well, nearly All of the pre-earnings articles were 'held', as the sarcastic comments RE "weren't the earnings reports Yesterday?" attest..
    Not sure what went wrong, but that is what we experienced here and there.
    (conversation with wife, "I know that earnings are tomorrow, but I've had to convince myself Twice that I had the date right, as there is NO flood of pre-earnings articles.. I'm talking Crickets.. Never seen absolute silence before.")
    Odd and irritating that there is no SA comment on the phenomenon.. His obligatory 'notable earnings before, etc.' article was Blank, and not released until at or after said calls, i.e., released With the call transcripts, or thereabouts.
    Jul 19, 2015. 11:39 PM | Likes Like |Link to Comment
  • Wells Fargo Investors: Don't Get Duped By The Media [View article]
    I gotta say, Ray, that I enjoy the response section of your articles as much as the articles themselves.. if your following has gone up it may be due to me telling my remaining friends about you..

    "Later, he agreed it was an improvement." Now that is a Great 'universal' line, I useta' collect them from (good) comedians to make myself seem sharper-witted at the corporate cage-fight-of-the-week.. to occasionally lighten the atmosphere. You're in the good company of George and Robin there, Thanks.. the Patron Pyrat shot is on me!
    Jul 19, 2015. 08:48 PM | 1 Like Like |Link to Comment
  • Wells Fargo Investors: Don't Get Duped By The Media [View article]
    My Citi take was numbers and conference, both heartening, and my record of support (NOT) for their organization and tactics is long-winded.

    I'll admit my unwillingness to even consider a BoA earnings call, I stopped many moons ago, my positive attitude can only take so much punishment..
    So.. you were actually Impressed by a BoA earnings call? that could be a Headline to us deep-in-the-trenches type observers.. surely not detecting a hint of rose @ the RM headquarters?
    Jul 19, 2015. 05:07 PM | 1 Like Like |Link to Comment
  • Wells Fargo Investors: Don't Get Duped By The Media [View article]
    Great article, Ray, the news-creators are a constant burr and I agree that the timing of your counter-punch was spot on (all were guilty of the obligatory JPM comparison and -seem- to be extra-interested in that member of the sector, ahem).

    But John and Team -did- take a couple serious punches this round that deserved mention. My biased take was that their results were solid as ever, but Without the body-blows they would have matched the competitor, easily. This is gravy quarter so now Q3 must surpass, MHO.

    '15 is -looking- like the year JPM desperately needed.. even Citi looks a touch healthier.. my rosey shades are feeling a tad more comfortable, lol.
    Jul 18, 2015. 05:44 PM | Likes Like |Link to Comment
  • Wells Fargo Chugs Along As Changes In Banking Industry Take Place [View article]
    Well said, Master Mason, Thanks!
    You may consider tracking the publications you chose, as they are somewhat consistent in their choice of wording regarding Anything WFC, i.e., 18 record quarters reads, "WFC maintains its plodding upticks".

    Considering the hits they took this quarter, I'm impressed, but I am also biased.
    Solid through good and bad, and boring, best a long can hope for.
    Jul 15, 2015. 06:05 PM | 1 Like Like |Link to Comment
  • Wells Fargo mulls robo service [View news story]
    interesting choice for the term, colors are peaking through SA..

    robo? seriously?
    Jul 14, 2015. 05:47 PM | Likes Like |Link to Comment
  • Wells Fargo Is Broadly Meeting Growth Projections; Can It Hit $60 Before The Year Is Out? [View article]
    whoops - 150708, back to the hump.. sigh
    Jul 8, 2015. 08:01 PM | Likes Like |Link to Comment
  • Wells Fargo Is Broadly Meeting Growth Projections; Can It Hit $60 Before The Year Is Out? [View article]
    wrote a long, biased attaboy (deleted), but fwiw, blue-sky, what-not..
    RE $60, yeah that Might be a reach this year, particularly with the endless Greek news affecting the sector (affects WFC not at all, but that's the market). It comes down to investor faith as the P/E millimeters forward, since Many major investors consider WFC the New Kid, and that will continue for a While ("Naawwwp, P/E too High").
    July Earnings will fairly describe what to expect by eoy, but double-digit improvement across major operations y/y seems unlikely at this point.
    i.e., most of the big rocks have been mined (stealing their schoolmates lunch money, they Finally woke up) so back to little rocks into profitable sand..

    Passing the $56 resistance/hump is a good sign.. Historically, Norwest has never allowed their stock to rise much above $50 (they would split to keep it affordable, but affordable has definitely changed, as did the outstanding shares after Wachovia).
    Interesting times..
    Jun 23, 2015. 02:39 AM | Likes Like |Link to Comment
  • Wells Fargo: Warren Buffett's New Favorite Stock Is Undervalued By 50% [View article]
    The -stock- price was inflated by a Fed pump? Interesting theory..
    Jun 8, 2015. 01:35 PM | Likes Like |Link to Comment
  • JPMorgan Lays Off 5,000 Employees: Investors Should Lay Aside Their Shares [View article]
    strangely quiet, Don.. any thoughts about these reasonable replies?
    can we just file this one under clik-bait then?
    Jun 6, 2015. 01:20 PM | 9 Likes Like |Link to Comment
  • Financials on the move as rate hike draws nearer [View news story]
    lol, go to BAC I can presume.. but do leave a link to this disastrous WFC development(s) when you get a chance..

    WSJ reports about securities fraud, which doesn't apply to WFC RE billion dollar fines.. "requests for information from government agencies related to the origination, underwriting and securitization of certain mortgages.." Might be a repeat of past multi-Million dollar fines, unless you have info regarding how this case will be so much worse than past issues..

    But I am biased, and I sleep Very well, literally No worries RE WFC or USB, as they have teams I believe in and trust. Others in the sector do Not, and their litany of blunders and embarrassments should disturb any investor's slumber.
    Jun 5, 2015. 09:20 PM | Likes Like |Link to Comment
  • Dimon In The Rough [View article]
    Thanks Andrew! So many, even here, like to debate the minutiae, but the sad appearance is that one area of a CEO's required expertise is lacking in this case, and that is of Head Cheerleader. If Jamie thinks he is the Only one that hates that part of the job he is sorely mistaken. But 'MY way or the highway' rhetoric is (willingly) accepted only for as long as you show no errors in Your way.

    Belief that That many -previously impressed- shares/investors suddenly 'about face' due solely to ISS or Glass recommendation speaks volumes, sir..

    Please consider Workin' a bit and finding that fox, 'stead o' complainin' about the Rain killin' chickens. Those pesky headlines have damaged your superlative team.
    Jun 4, 2015. 11:42 PM | Likes Like |Link to Comment
  • Banks named in FIFA scandal [View news story]
    caught you on a bad day again, huh? lol

    As my ref was simple analogy of overkill, I didn't do details - she was 'simply' moving that approximate amount ($8k) to several different banks, ACH, to distribute her wealth for 'safety' (some people don't have the faith in banks they did prior to 2008). At 79, I am reasonably sure she had no intention of gaming the system, she was unaware (many are) that moving money around has Consequences now, unlike when she was a spry, well-versed 30 year old in 1965.

    The Important note was: she got arrested for doing so. We'll never know why she/they thought it was a 'good idea' to do what she did, only that she did it for whatever reason (apparently safety).
    But hey, Never-mind, it was her own fault.
    May 28, 2015. 06:53 PM | Likes Like |Link to Comment
  • Banks named in FIFA scandal [View news story]
    tell that to the 79-year-old widow that transferred her husband's estate here and there in $8k increments and got Busted for avoiding the $10k transfer reporting rule (following the advice of her great-nephew to diversify, for safety, she added it all up and divided by 23 or summat).

    I -do- get your point, but the tracking now is pretty egregious, in the name of the War on Terror, among others.
    May 28, 2015. 03:44 PM | Likes Like |Link to Comment