Wachovia Insiders Are Placing Big Bets on Company [View article]
Did Peter Lynch also have the statement about trying to catch a falling knife? Only joking... kinda.
It's always good to see insiders buying, especially when no one whatsoever seems to have any idea about how bad the damage really is. But until the downtrend line is broken I think I'm done playing with bank stocks for a while. I'll just sit back and (hopefully!) collect my 6%+ yields.
Wachovia Insiders Are Placing Big Bets on Company [View article]
It's always good to see insiders buying, especially when no one whatsoever seems to have any idea about how bad the damage really is. But until the downtrend line is broken I think I'm done playing with bank stocks for a while. I'll just sit back and (hopefully!) collect my 6%+ yields.