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9 pts

Opinion on Wells Fargo & Company (WFC) Sector: Financial > Industry: Money Center Banks
Strongest bank in the world, for now

Oct 03, 2008 02:34 PM UTC

utopius

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Wachovia was once a > $100bn company. Wells is currently over $100bn. If they can survive the downturn, out the other side is a behemoth. Wachovia has some beautiful bank branches, and very attractive deposits. This is much better than the CitiGroup acq'n, for frightened Wachovia depositors. WAMU depositors are likely to move to Wells anyway, so Wachovia is a much better geographic expansion for them.

WFC: This call was made on 10/03/08 @ $37.84

Rating:	$37.84 (10/03/08)
Gain/Loss:	-45.67% in 50 days
Target:	$42.00 (+10.99%) in Three months

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dbljay321

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10/03/2008

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Wells Fargo & Company (WFC)

SocialPicks Sentiment:

This Quarter's Sentiment:

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63.0%

Top:

21.0%

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utopius previously rated WFC

+12.03%

Bullish on WFC ...
07/16/2008

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Opinion on Wells Fargo & Company (WFC) Sector: Financial > Industry: Money Center Banks Strongest bank in the world, for now

Opinion on Wells Fargo & Company (WFC) Sector: Financial > Industry: Money Center Banks
Strongest bank in the world, for now