Boiler Room: The Official Stock Market Discussion

Joined
May 1, 2012
Messages
201,009
Reputation
27,180
Daps
644,421
Reppin
49ers..Braves..Celtics
i'm eyeing WFC as well and think there will be better opportunities down the road. never thought they'd drop this low but once downgrades come and maybe a dividend cut they'll drop lower.

I have history with Wells Fargo.. they are a mess their slow recovery is more than just pandemic related. But it is an opportunity if they get low enough. Proceed with caution
 

Javed

All Star
Joined
Oct 2, 2015
Messages
1,403
Reputation
230
Daps
5,320
How do yall feel about otm leap calls? For example a stock currently at 5.50 and buying a otm call that expires 10/16 for 8.00?
Is that a good play or a waste of time?

I would have to see the chart and research the company but 8.00 seems way too far otm. I'd just buy 6.00 since it's not expensive
 

ahomeplateslugger

Superstar
Joined
May 1, 2012
Messages
8,241
Reputation
954
Daps
17,260
I have history with Wells Fargo.. they are a mess their slow recovery is more than just pandemic related. But it is an opportunity if they get low enough. Proceed with caution

they're my least favorite bank but at this price or lower they will be a good buy. they're too big to fail and i like their new ceo. he seems focused on cleaning up the mess there.
 
Top