Boiler Room: The Official Stock Market Discussion

Joined
May 1, 2012
Messages
178,107
Reputation
22,386
Daps
583,189
Reppin
49ers..Braves..Celtics
i'm eyeing WFC as well and think there will be better opportunities down the road. never thought they'd drop this low but once downgrades come and maybe a dividend cut they'll drop lower.

I have history with Wells Fargo.. they are a mess their slow recovery is more than just pandemic related. But it is an opportunity if they get low enough. Proceed with caution
 

Javed

All Star
Joined
Oct 2, 2015
Messages
1,353
Reputation
220
Daps
5,225
How do yall feel about otm leap calls? For example a stock currently at 5.50 and buying a otm call that expires 10/16 for 8.00?
Is that a good play or a waste of time?

I would have to see the chart and research the company but 8.00 seems way too far otm. I'd just buy 6.00 since it's not expensive
 

ahomeplateslugger

Superstar
Joined
May 1, 2012
Messages
7,878
Reputation
841
Daps
16,370
I have history with Wells Fargo.. they are a mess their slow recovery is more than just pandemic related. But it is an opportunity if they get low enough. Proceed with caution

they're my least favorite bank but at this price or lower they will be a good buy. they're too big to fail and i like their new ceo. he seems focused on cleaning up the mess there.
 

Da_Eggman

Can't trust every face you gotta watch em
Supporter
Joined
May 1, 2012
Messages
53,372
Reputation
2,314
Daps
125,867
Reppin
So-Fla
I think we trace sideways the rest of the year

a true bull market won’t start to probably after the election
 
Top