There Are Still Some Financial Stocks Worth Considering [View article]
Hi Ray, Sorry you tried to short WFC, Doesn't work too well. That bank is resilent! Buffet loves this bank. Adding more shares to his portfolio as we speak. This bank has been cash rich for number of years. Very wise when they reach out to buy other banks too. (and they kept their hands in their pockets during all this current craziness!) I actually worked there for 22 years. I was a lender and we gave out gold stars after someone qualified for a loan there! (only kidding!) They have accumulated many nice deposit customers from Wamu and Wakovia I hear in the past few weeks.
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Hi Ray, Sorry you tried to short WFC, Doesn't work too well. That bank is resilent! Buffet loves this bank. Adding more shares to his portfolio as we speak. This bank has been cash rich for number of years. Very wise when they reach out to buy other banks too. (and they kept their hands in their pockets during all this current craziness!) I actually worked there for 22 years. I was a lender and we gave out gold stars after someone qualified for a loan there! (only kidding!)
Oct 01 02:27 am
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All Comments by somerville »There Are Still Some Financial Stocks Worth Considering [View article]
They have accumulated many nice deposit customers from Wamu and Wakovia I hear in the past few weeks.