I'm having a hard time getting excited about a stock that's losing 6.38 a share. However, I don't think it is going to zero and for a speculation, I might take a chance and buy a 1000 shares. Good luck to all longs.
Wells Fargo came out with an outperform rating on May 13. Look what it's done since. People need to pay attention to these insane upgrades or you are going to get burned. These idiots need to get run out of business. Just go to the 3 month chart.
It is going up and down with the price of oil. When oil gets in the 70's and 80's, it will move up nicely, I'm sure. I sure won't sell at this price. I learned a valuable lesson a few years ago. I bought apple at 18. When it went to 13, I sold it. It started to move up and NEVER LOOKED BACK. In case you haven't noticed, I'm still a little emotional about that.