Wachovia = Burnt Toast

Discussion in 'Stocks' started by ByLoSellHi, Jul 7, 2008.

  1. ByLoSellHi

    ByLoSellHi

    If you've much testicular fortitude, go long Wachovia.

    I thought regionals were bad.
     
    #1     Jul 7, 2008
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  2. makloda

    makloda

    Looking at the chart, soon enough they'll have the market cap of a regional.
     
    #2     Jul 7, 2008
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  3. ByLoSellHi

    ByLoSellHi

    Reports of cutting Dividend 33%.

    This will be common among regional and national banks.

    Cash preservation (aka 'survival') mode.
     
    #3     Jul 9, 2008
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