Wells Fargo and Company (WFC-Z) News

New all-time highs here for WFC and over the entire banking sector.

Most analysts had buy recommendations out for Cisco when it was $90 per share in winter of 2000.
The stock went down more than 90% right after that and still has not recoved to the stock price it was at in 2000. Go figure.

LOL! Most expert analysts with recommendations have set price targets in the mid-$70's, substantially above where WFC is trading now.

WFC is doing nothing good. They have no growth. Revenue and earnings have not grown. In fact, they have shrunken when inflation is taken into account. The P/E should be back to 8 like it was last year. We could easily see a 40% drop in WFC price. This one is worth less than $38 per share. Beware!

LMAO! WFC's P/E (13) and Price to Book Value are in the lower range for all large banks. Even here trading just below its all-time high, WFC is only selling for 1.3 times Book Value and 1.42 times tangible book value.

PE ratio of WFC is looking worse each month. Earnings have fallen and stock is about to have a 70% drop. Beware, very dangerous.

WFC new 52 week high

Deep recession is all but confirmed. While the government is injecting $2.5 trillion per year, most companies are posting lower net income than prior year. They cannot stimulate more. Debt is rising faster than ever.
Wells Fargo posted significant revenue drop. Wells Fargo also posted decreased net income. Net income came in at 12% lower than prior year. After inflation is included, the numbers are even worse. Net income adjusted for inflation was down 16% from prior year. This is a terrible indication while CAPE S&P 500 PE ratio says stocks are priced for perfection. It is at 37, when reasonable valuation would be 15. We are likely to see more than a 60% decline in market indexes, and stocks will still be overvalued. We will likely see the S&P 500 down below 2,400 within 12 months.

~bought more 10/25 $67 calls…average now @.04c

~bought the 10/25 $67 calls @.05c

~sold even

~bought the 10/18 $65 calls @.08c

WFC 10Q due 11 October

https://www.ft.com/content/de751907-c870-4b8c-b86b-317483f7626f Expecting red on Monday. Several banks exposed

Bank of America, Wells Fargo are under investigation for handling of customers funds on Zelle
https://www.usatoday.com/story/money/2024/08/07/major-banks-under-investigation-zelle-transactions/74704325007/

WFC 10Q exprected JULY12

Seems to be doing well!

They had mass layoffs last 2 days. News is not being reported yet.

And he still incessantly beats the drum on all of the bullshit cult scam NESARA/GESARA nonsense that was all debunked, buried and dead 20+ years ago. Very strange, In any event Wells Fargo continues to hit new 52-week highs and all of the other large banks are strong performers and investment choices right now. JPM had very strong record earnings, etc. and went down initially, but heading back up to $200 right now.

He just has to be the hero of the day room

Yep. That post regarding the/his claim that WFC was going to $20 was to the same clown that constantly claims all of the world's Central Banks, including the US Federal Reserve, have been shut down and closed. This am on another board he claimed that Chas Schwab and the Central Banks and their affiliates are "gone."

Chuckle that
WFC new 52 hi
Next day settlement begins 5/28

How is your prediction of a $20 share price for Wells Fargo coming? LMFAO!

I am from Charlotte North Carolina and I will use an expression used by the flakey, mealy-mouthed Southern folks in this city
godtahmighty
For a major bank stock to advance that much intraday…
I just don’t what to say

WFC sets new 52-week high +7.75% on news that US Govt. has now relaxed restrictions and terminated 2016 Consent Order.

looking for the Sally Field truckin song

WFC new 52 week high

Trump needs to hang out in the hills near vegas

FARGO is a good name for a truck



I’ve just finished reading a book about the world’s greatest
basement ….. It was a best cellar.

2) It’s my first week working at the bicycle factory and they

already made me a spokesperson

3) My laptop caught pneumonia, apparently, because I left Windows open.

4) I thought swimming with Dolphins was expensive until I went

swimming with sharks …. It cost me an arm and a leg.
5) The main function of your big toe is to make sure all the

furniture in the house is in the right place.
6) Horses have lower divorce rates. It’s because they are in

stable relationships.
7) It’s pretty obvious that if I run in front of a car, I will get

tired but if I run behind a car I will get exhausted.

Wells Fargo & Company $WFC Total Debt (mrq) $311B

Gold prices holding near one-week high as FOMC minutes support 'higher for longer' interest rates $WFC

Wells Fargo recently agreed to pay $1,000,000,000 to the former shareholders to settle the old compliance scandal.

Court: Southern District of New York
Case number: 1:20-cv-04494-GHW-SN

If you have traded $WFC, you can calculate and claim your part here.

Wells Fargo soaring (+3.5%) AH on news of 16.7% increase in dividend and new $30 Billion stock buyback.

Wells Fargo & Comp. $WFC Total Debt (mrq) $275.75B

All the shady stuff wfc does better believe they'll have the same problem as regionals. Tic toc........

I'm Bearish and Not Bullish! All Rothchild central banks are crashing but the FAKE stock market is prescripted Bull Shit and is no different than the movie, the Sting.

It's all a Lie being covered up by Fake MSM and MSNBC

We the people are being lied too about everything.

Get out of all bank stocks.

I have been for many years
Keep up the fight:)

I have been for the past 2 years. Gold and Silver mining stocks
and buying physical silver as there is no substitute for silver
and it's used in everything. Demand will outpace Gold.

It's being held back to load up heavy.

All Banks are insolvent. Gold and Silver will only go up from here.

History repeating itself.

I think we need to load up on physical gold and silver, and tokens backed by gold. I like AABBG

Gesara.news is updated daily on world news that's currently happening with links.

All Central Banks are insolvent.

The U.S. Military has daily video updates on world events at RestoredRepublic.co not .com, it's .co

The markets on TV are all scripted and fake.

The crash is real and all bad apples are being plucked out, one by one.

The West Central bank which is The privately owned Federal Reserve Bank has already fell.
Janet Yellen is fake and her double is playing the role in a well orchestrated fake movie script.

The crash is real and the only way crooked Fund Managers can get shares of anything is to have shareholders sell. Get out of the banks as all are insolvent.

Strong Hold everything else.

Good Luck

Interesting can you elaborate further?

ROTFLMFAO! That NESARA-GESARA nonsense is total Bullshit and just part of a since debunked cult-driven Scam. SMFH
The National Economic Security and Recovery Act (NESARA) is a set of proposed economic reforms for the United States suggested during the 1990s by private citizen Harvey Francis Barnard. Barnard claimed that the proposals, which included replacing the income tax with a national sales tax, abolishing compound interest on secured loans, and returning to a bimetallic currency, would result in 0% inflation and a more stable economy. The proposals were never introduced before Congress.

Since the early 2000s, NESARA has become better known as the subject of a cult-like conspiracy theory whose original promoter was Internet personality Shaini Candace Goodwin, better known as "Dove of Oneness". Goodwin, who appropriated the NESARA notions without Barnard's consent, claimed that the act was actually passed with additional provisions as the National Economic Security and Reformation Act, and then suppressed by the George W. Bush administration and the Supreme Court. Goodwin's conspiracy emails were translated into several languages and had a large following online.[1] Adherents to the theory have also been using the name GESARA (standing either for Global Economic Security and Recovery Act[2] or Global Economic Security and Reformation Act[3]) in order to extend the proposed NESARA reforms outside the US and to the rest of the world.[3]
https://en.wikipedia.org/wiki/NESARA

I know from the military. Bank of England, Credit Suisse, Deutsche Bank and Blackrock International, are all part of the Central Bank scam, with WFC and BAC, JPM, State Street and plenty more are or will be Insolvent.

All are going down due to roll out of Gesara Nesara and the return to the Gold Standard, worldwide. The banking thieves are not invited to the QFS or BRICS and Its Potential As a Military Alliance.

Stick it out if you believe that I'm bluffing and buy some of the new Junk Notes that are backed by nothing. Read the fine print and see that the new notes are 100% garbage.

https://www.internationalmagz.com/articles/brics-potential-as-a-miilitary-alliance

Now we have the Silicon Valley Bank episode........................................................................................................................the poor are getting ---------------------POORER

March 15, 2023 Wells Fargo Filed $9.5 Billion through Mixed-Securities Shelf Offering

https://beststocks.com/wells-fargo-plans-to-raise-up-to-9-5-billion-2/


#ARMAGEDDON


Financial Crisis continues

a very good Summary, that my family took to their grave and a few of the children recovered and made big bucks from investing the spoils--- r.i.p. Tony, Wayne --- glad Cheryl sold the farm

Yes..but the collapse of 08 / 09 was for different reasons. Lehman Bros fall, and many other banks, was due to a housing bubble combined with exposure to what were called 'Alt-A' loans..which were subprime. They were also known as "liar loans" because banks weren't requiring full documentation that the borrower could pay back the loan.

Banks certainly played a roll in that collapse.. but truth be known it was Democrat pressure from Washington DC that for years was forcing the banks to start making loans to individuals who could not and ultimately did not pay back their notes.

This brings us to the conclusion that when banks start going belly up and you want to know why "the creek got muddy" all of a sudden just go upstream and you'll find the pigs in the creek are not so much in the banks themselves but in Wash DC.

Fast forward to 2023 this collapse was for different reasons but it was caused by the same pigs in the same creek with rising interest rates at the fastest pace ever.

Does anyone remember Lehman Bros ? ........................

went bust in 2007 ? supposed to been a big loss

It happened at Chase also. Not sure what is going on.

Banking bloodbath. All the banks are down big. With $9T in deposits nationwide, FDIC only has $350B to pay out.