Thread regarding Wells Fargo & Co. layoffs

WFC is about to drop again

https://www.cnbc.com/2024/12/20/cramers-lightning-round-wells-fargo-is-a-buy.html

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Post ID: @OP+1w6IYKeI

10 replies (most recent on top)

Market value if firm not yo that much. Multiply shares outstanding by price for October 2019 and do same for o river 2024. That’s give year mark for Charlie. See a rise of market value of ten percent or so.

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Post ID: @769+1w6IYKeI

This guy lol

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Post ID: @1vh+1w6IYKeI

People might be more excited about the stock performance if it wasn't a result of being sacrificed on the altar of corporate greed. If the stock increased as a result of healthier business practices I'd be more inclined to cheer it. Instead we're shitcanning thousands of people, offshoring their jobs and doing unjustifiable stock buybacks to enrich the fools at the top.

Let's get that asset cap lifted and get back to growth with better job secuirty. If CS can't do it by next year, then we need to find someone who can.

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Post ID: @1ygp+1w6IYKeI

I don't root "against" the stock. Don't own any shares and don't really care. I do root against the mo--ns running this place though, because they are horrible self centered failed "leaders" that are the worst kind of hypocrites.

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Post ID: @1dmg+1w6IYKeI

I love how many mor**s on this Board root against WFC stock. They cannot be employees of this company. Most, if not all, WF employees own some WFC stock in their 401K plans, if not in other forms of compensation. This Layoff Board became the WF derangement syndrome.

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Post ID: @1bmc+1w6IYKeI

Cramer is a corporate wh--e.

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Post ID: @cov+1w6IYKeI

Had a great run up, was way overbought in the period of time, and has been correcting. Has a gap from 65-70 that it could fill. No certainties in the market, but stock had a healthy pullback.

(Guy who told you it would easily hit 60 this year and guy who told you he would trim some in mid 70s. Still poor like the rest of you.)

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Post ID: @qmg+1w6IYKeI

Stock has already dumped $5/share after the big baseless run up. Be interesting to see where it goes from here.

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Post ID: @lza+1w6IYKeI

@ihm doesn't understand the inverse correlation of a Cramer pump and stock performance.

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Post ID: @mdp+1w6IYKeI

What?? They are calling it a BUY. Which means get it now before it GOES UP...

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Post ID: @ihm+1w6IYKeI

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