The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

 Wachovia Corp  (WB) Trade Now »     Rate WB  -  Discuss WB  -  Add to Watch List         Graphic_subscribe

       Sector: Financial  >  Industry: Money Center Banks
SocialPicks Sentiment:

** v.s. other stocks
This Quarter's Sentiment:
All:
17.0%
Top:
0.0%
Rate WB:


Discuss
        


Arrow_up
Arrow_down
If it has leverage....Sell it    1 point   Last updated 362 days ago
Posted by
Newsmonkey
newsmonkey   71%
The melt down seems to have begun. The Commercial paper market has totally frozen up. The freezing of the CP market has major ramifications. Only the biggest and best rated companies borrow money through CP. There is over 770 billion $ that matures between today and October 24th. Gulp! If the lik... ...  more »
12 Comments  |  Related to:  GE WB MS GS C GM F UBS BAC

Arrow_up
Arrow_down
Closing out WB....on to the next train wreck    1 point   Last updated 414 days ago
Posted by
Newsmonkey
newsmonkey   71%
I'm closing out my short in WB. On to the next train wreck. Nothing to see here folks......move along ...  more »
1 Comment  |  Related to:  WB

Arrow_up
Arrow_down
The great leverage unwind now is NOT the time to ju..    1 point   Last updated 418 days ago
Posted by
Newsmonkey
newsmonkey   71%
When considering weather bottoms are in or not you should first try to understand what is driving the madness. To put it simply the market is wringing the leverage out of the market. The problem with the financial stocks is that they run highly leveraged balance sheets. Since the model is to borr... ...  more »
6 Comments  |  Related to:  MER BAC LEH AIG WB WM JPM GS SKF UBS C CS SPX INDU COMP

Arrow_up
Arrow_down
More bad news for the financial sector    1 point   Last updated 420 days ago
Posted by
Newsmonkey
newsmonkey   71%
Bond manager Bill Gross wants to spread the bailout wealth. Gross says in a commentary posted on the Pimco Web site Thursday that the government must “open up the balance sheet of the U.S. Treasury” to support Fannie Mae (FNM), Freddie Mac (FRE) and, in a new twist, “Mom and Pop on ... ...  more »
6 Comments  |  Related to:  JPM GS FNM FRE WB

Arrow_up
Arrow_down
You don't want to bottom fish here    1 point   Last updated 426 days ago
Posted by
Newsmonkey
newsmonkey   71%
This is no bottom. This is only the beginning of the correction. The CDS unwind is going to have a major impact and where the damage stops is impossible to tell. CDS exposure is massive (everyone has exposure). The market is going to throw the baby out with the bathwater and even the good stocks ... ...  more »
1 Comment  |  Related to:  SKF MER GS C JPM WB WM AIG DB UBS BCS INDU COMP SPX

Arrow_up
Arrow_down
And so it begins- CDS chickens come home to Roost    1 point   Last updated 426 days ago
Posted by
Newsmonkey
newsmonkey   71%
As Jim Cramer would say Booya....or is it Boohoo? Really Jimbob, that was one of the worst calls of all time. Things aren't as bad as the seem they are worse! This is no doubt a historic weekend. Merrill sold (at an amazing price), Lehman folds, AIG begging for Fed access. This is the bottom r... ...  more »
1 Comment  |  Related to:  MER BAC LEH AIG WB WM JPM GS SKF UBS C CS SPX INDU

Arrow_up
Arrow_down
Housing still a problem so WB has a problem    0 point   Last updated 483 days ago
Posted by
Intelligence
joeyjoejoe   48%
Market got carried away with itself last week with the 20% rally in financials of which Wach was a big part. Reality is back 1) Fed says it will hike before the housing problems are solved. 2) Housing is still a problem especially in the West and South East which means credit is a problem which mean... ...  more »
1 Comment  |  Related to:  WB

Arrow_up
Arrow_down
Market has a gun & its not afraid to use it    0 point   Last updated 490 days ago
Posted by
Intelligence
joeyjoejoe   48%
Today just reenforces to sell harder. Cramer and others are telling people the bodies are coming and the market is now expecting it. Who are these bad banks of which Cramer speaks? He broke them up into two tiers: The Worst: Downey DOWNEY FINL CORP (DSL), Corus (CORS), FirstFed Financial (FED) a... ...  more »
4 Comments  |  Related to:  WB

Arrow_up
Arrow_down
Takeover?    2 points   Last updated 519 days ago
Posted by
loneranger   38%
News out today says Dimon and JPM might be looking to buy WB, is it a do? ...  more »
0 Comment  |  Related to:  WB JPM

Arrow_up
Arrow_down
High-Tech Computer Chips    -1 point   Last updated 526 days ago
Posted by
Me_and_purty
kinglaurie   N/A
The next great market investment will be Mastronics ( How matter and energy really work) INT.CORP. Canada. I am looking for investment capital to start this firm for the UN save the World campaign. It will enable prosperity for all species including humans. ...  more »
5 Comments  |  Related to:  WB INDU COMP SPX


ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.25% 378
2 18.14 +70.10% 208
3 17.66 +25.70% 55
4 13.47 +14.32% 61
5 12.13 +75.30% 38


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 

StreetInsider.com on WB

Visit streetinsider.com


More Resources

Graphic_arrow1 About Wachovia Corp - Answers.com

Graphic_arrow1 Historical Prices - Yahoo

Graphic_arrow1 Message Boards - BoardCentral.com

Graphic_arrow1 More Info:     Yahoo   |   Google   |   Reuters




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch