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Bank stocks...

Posted on 11/14/12 at 9:34 pm
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 11/14/12 at 9:34 pm
Buy or sell?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 11/14/12 at 10:13 pm to
I wouldn't buy right now and financials is one of my favorite sectors.
Posted by Big Saint
Houston
Member since May 2009
1453 posts
Posted on 11/14/12 at 10:58 pm to
Would you sell at this point or just hold? I've got done in WFC currently.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 11/14/12 at 11:28 pm to
WFC is probably just a hold right now.

The risks associated with banking regulation and economic uncertainty make the a lot of banks unattractive right now. I think Wells has the size to navigate the former and the focus to navigate the latter.
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