Looks like Wong is looking to get some business or looking to help any shorts. All it take to claim non- fiduciary responsibility is to send a press release to some outfit that will publish and maybe a small filing fee and you have some publicity. Claiming a lack of fiduciary responsibility is the easy. proving it in court is hard. A person could charge him with aiding a short just about as easy. Just my opinion.
I have been a long holder of FITB. Been through the Down period having bought just @ the low. Lately selling puts expecting it to rise again.
I have one concern and that is their untimely entrance into the oil area investing. I think most of it has been in the periphery of it, not so much in the drillers or oilmen. Can any one confirm this or have any idea of where their investments have been put in he oil patch area. Thank you. I believe their dividends are safe. They have received approval to raise their dividend this year. I believe it is expected that they raise it in the first Q.