Boiler Room: The Official Stock Market Discussion

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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

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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

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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
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I think we trace sideways the rest of the year

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