another $4.16B lost today. at some point reality will reemerge and $20 will look cheap.
Wells Fargo will never see $20 again! Single digits and Nationalization on the way. WFC being destroyed by the foolish take over of the garbage of Wachovia. Sell while you can get something!
If people believe that WFC will get nationalized then continue to short. If you believe WFC is still viable then continue to pick up shares for the long term.
The volume is already 10 million shares over the average....what are you talking about?