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Comments (245)
Wachovia on the Cheap? Think Again
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WB lost all credibility. I have ridden this stock down from $30 and do not see a good ending.
Even Steel does not seem to be giving the company enough credibility. He needs to explain how he intends perform surgery on this company.
What else is left but a fire sale to JPM? A sale at $20 would be a huge premium. Even $15 would be a huge premium.
Jul 15 12:55 pm
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mallarde's
Comments Stats
245 comments
Rating:
144
(215
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71
)
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WB lost all credibility. I have ridden this stock down from $30 and do not see a good ending.
Jul 15 12:55 pm
|Rating:
0
0
All Comments by mallarde »Wachovia on the Cheap? Think Again [View article]
Even Steel does not seem to be giving the company enough credibility. He needs to explain how he intends perform surgery on this company.
What else is left but a fire sale to JPM? A sale at $20 would be a huge premium. Even $15 would be a huge premium.