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Opinion on Wachovia Corp (WB) Sector: Financial > Industry: Money Center Banks
Too Far Up Too Fast

Jul 25, 2008 03:53 PM GMT

demetrious

Return	Risk
-5.64%	LOW

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Still due to correct as the market is far from leaving the bear track that it is on.

WB: This call was made on 07/25/08 @ $14.68

Rating:	$14.68 (07/25/08)
Closed:	08/13/2008 @ $15.58 (-6.13% in 19 days)
Target:	$11.00 (-25.07%) in Three months

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demetrious

36%

1 point commented 491 days ago reply

So far I'm wrong over 16% in 6 days. Funny thing is that I feel better about the initial today than I did previously. The floor may be raised to a 12-13 level but I think we will retest something significantly lower before any sustained move up.

I added the SKF to my picks for just this reason. Realistically, if you caught 16% in 6 days, you should be running with your profits in this market anyway.

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Wachovia Corp (WB)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

17.0%

Top:

0.0%

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demetrious previously rated WB

	-0.64%		Neutral on WB ... 08/13/2008	6
	-2.71%		Neutral on WB ... 07/25/2008	0

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Opinion on Wachovia Corp (WB) Sector: Financial > Industry: Money Center Banks Too Far Up Too Fast

Opinion on Wachovia Corp (WB) Sector: Financial > Industry: Money Center Banks
Too Far Up Too Fast