But the market loves them. and so do all of you. hmmmmm. wonder who will win. wonder what will happen when customers and employees all leave. I guess the accounting tricks will continue to prop up the rapidly falling revenue. Less sales but more profit. Yeah....thats always a great model.
I was just studying this accounting phenomenon. Its not just wells. all kinds of companies have revenue falling, yet....record profits! quarter after quarter after quarter. its possible, but when it happens every quarter, to every company, you have to ask yourself why.
You're kidding, right? Many thousands of prior WFC accounts have moved to USB and Key. If you are a business/commercial account you might want to take a look at the reasons why. No, I'm not pumping USB or Key stock, I simply know which banks are CASH liquid and USB, KEY have the best customer service and loan FEES.
I know well, my WFC has done well during the past year and I have been a winner! Obviously you've been too busy moping about a bad parting of the ways. Been there, done that. Get over it and move on!