Thoughts on buying into Wells Fargo now, at their 52 week low basically.. Bank too big to fail of course and their imposed caps on grown expire in a year or 2 I believe with regards to how much $$$ they can lend out or take in...

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Yeah man, you did it, you found a glitch in the market. Go all in, don’t even read the 10k

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OP, if you think you can buy a questionable $25 stock on a long term spec but can’t afford a $98 stock with a solid 4% dividend because it’s too expensive you need to let someone else manage your investments.

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And that’s the tea.

52 week highs / lows are not indicators for a stock being over or under priced

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The article is a good summary of what's going on. But yes, good to buy for a LTH.

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I like jpm better

Win win situation as long as you are ready to wait for couple of years. Too big to fail

Lever up!

I think the entire group is a laggard right, but there are much better names in the group. WF is at all time lows because they are not performing hell. The other banks had a very positive Q2 but money isn’t flowing into financials right now. I think Goldman/JPM/MS are much better plays and still have significant upside

I'd be holding it long term 5-10 year's. Don't have algos or any advanced metrics. I remember when C was like $10 after 2009 bought that then based off the cheap price. Don't have money to buy JPM compared to WFC price

OP, with fractional shares, you can buy any of these names.

https://www-bizjournals-com.cdn.ampproject.org/v/s/www.bizjournals.com/charlotte/news/2020/07/10/wells-fargo.amp.html?amp_js_v=a3&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15951014558420&csi=1&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.bizjournals.com%2Fcharlotte%2Fnews%2F2020%2F07%2F10%2Fwells-fargo.html

Yeh I just took them up on a 0% CC offer until Jan 2022...park your $$& elsewhere and get a return in biotech, EV, online education, PPE mfg, or robotics or AI.... then set a notification when it starts moving liquidate and then settle....study the charts

Oh yeh 5G

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