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Wells Fargo & Company (WFC)

NYSE
Currency in USD
Disclaimer
60.97
-0.13(-0.21%)
Closed
After Hours
61.00+0.03(+0.05%)

WFC Comments

Maybe my grandkids will take profit
Time to collect all the infected assets from the covid-19. see you in 3 years with double profit.
it's too hard to increase, sell and waiting
Today also green
hard time going for wells fargo .
Its not just WFC, its many of the banks that are having a hard time. The storm will eventually pass in time.
Also the housing data that came out is also hurting the market.
I remember the last time I was here everyone said the bank stocks are a good bargain and will go back up nice joke Buffet selling this just proves the banks will fail again. The banks are much bigger then they were in 2008 and will require a bigger bailout then a 1 trillion when they fail but this time the FED won't be able to bail them out since the dollar will be worth_less
 He exited GS we will exit all of them
Buffett sold 100% of all bank holdings. Do your research. Welcome to the next crash. Gold and Silver are looking real good about now.
Do your research. You are flat wrong.
what a garbage stock. same level from last 4 months....even the worst companies like airlines are up from there bottom....this chart looks like a pulse of a dead person....straight line.
It’s down right now because Warren Buffett has sold off all of his shares in WFC and JPM. Don’t be mad because you got it at the wrong price. I would’nt worry much anyway, these prices will eventually go up.
Agree , this stock under 25 a real deal
Warren Buffett effect drag all the bank stocks down
Whar W. B. effect, pls write, link details!?
Time to buy or can we wait a lower point?
I bought this morning , i think anything under 24.75 u can set the table
soon 33-35$ i bought mine at 33.10$ in 2 months ago.
This is going to bottom out as all the evictions result in rentals and mortgages going unpaid. Joblessness will only get worse, making this dip further.
source?
WFC accrued enormous reserves in 2q2020. I suppose that it will not happen again in 3q2020 and eps for 3q2020 will be higher. What do you think?
WFC would be sky high if it were a hotel or cruise line. Long term I think this one is a keeper.
This stock is down for many reasons. The list is long. No dividend. Small market cap. Previous poor management. Very bad press even with PPP. Will be a long turnaround on this stock. Will not reach pre pandemic levels for several years. Buy BAC instead. People will argue otherwise, but they are just bagholders. Put WFC on a chart with BAC, JPM, and you will see what I mean. Buy BAC and you will be rewarded. Buy the JAN 2021 call at $25. It trades just like the stock. Very high delta with a great value price tag.
Sorry JAN 2020 call @ $20, not 25.
Jan 2021 @ $20
there is a dividend
What up with this stock, all banks are up except this one??
Why?
Getting rid of the weak hands
All banks are significantly up today. This one is down. Take heed.
Why?
30$ + this month hippi haha ...
I don't think so
25$+ tomorow :)
Nice Call
Hi how you know that , its happen today . thanks man
GS may take over WFC
Banks will be one of the hardest hit sectors if a crash comes due to presidential elections / Covid-19. There may be better buying opportunies withing a couple of months
Wfc is also invested by Waren Buffet besides Bank Of America... So do whatever you want with this info.
is this stock a good investment if it hits $20?
 Buffet was never into dividends. it is not why he buys banks or anything else that pays dividends. He buys companies that he believes in and where he sees value. Also he takes long-term view like most investors should. It is not about where this company is in next month but where the company is in 5 or 10 years.
you are completely wrong about dividends and Buffett. Look it up.
this thing is driving me crazy
This seems to have become a big target for stock manipulation. The fact the stock price matches BAC is ludicrous. It was always around double.
I feel bad for the bagholders here.
I see a lot of people say things like, "well it can only go up, all the bad news is already out", then two senators begin a new investigation into unwarranted forbearance. Who knows what other shady stuff we still don't know about. Meanwhile, fiscal benefits are about to dry up, economic recovery has most certainly stalled, municipalities are about to start massive layoffs due to budget cuts, oil and commercial mortgage loans haven't made it out of the fire yet. I wouldn't go anywhere near this right now.
If you are not willing to take long term view then you should not own bank stocks in recession. Banks will always do badly but recessions are good times to get banks at cheap price and then enjoy profits when recovery happens. Things will not recover this year and maybe not even in next year but in 5 years it is very likely that economy is back stronger than ever before. This is ideal time for companies to optimise their business and once recovery happens those optimisations make company better. WFC in general has been badly optimised business and they still managed to be very profitable in the past so if they manage to spend this time wisely then business can do very well.
Never, in a Million years, Own this stock.
Too Unethical company.
It's board of directors All got off without a hitch
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