Wachovia = Burnt Toast

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

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

    I thought regionals were bad.
  2. Looking at the chart, soon enough they'll have the market cap of a regional.
  3. Reports of cutting Dividend 33%.

    This will be common among regional and national banks.

    Cash preservation (aka 'survival') mode.