Wells Fargo and Company (WFC)

[conix]

Good chart here for WFC

[buby89]

They will be fine lol. This will be over 30 soon

[Saving Grace]

That's not even safe. We're going back to a sound money system. The Fiat system lasted 50 years and has now lost control. The Fed is gone and now back in the hands of the people.

This stock is still a money maker with awesome dips as it's a last deep state attempt to rip as much as they can before it's last breath. It will go up and down as long as it can and so far so good. Play the dips and you will be ok over here.

[conix]

So you must be in Bitcoin.

[Saving Grace]

Central Banks are going to crash when the fiat system is ushered out and that's the bottom line. No Fiat system, no Central Bank.

Any research with the proper search terms will lead to the truth.

[conix]

The current problem...and the future opportunity

[conix]

WFC--bet we see over $30 by First quarter, 2021 quarterly report.

[conix]

Just bought in at $22.85. Have a full position now. This price is about to the bottome as we will see.

Martk this. Today, WFC hit $2.75 and I expect this is the bottom or as about as close to the bottom as we will see going forward.

Buying now and collecting six dividends in the next 18 months will prove to be a very wise investment in income and capital appreciation.

JMHO

[buby89]

I don't mind buying in the 22's

[conix]

A little context here is in order. JPM also did the same thing -- and they had more employees fired than WFC.

WFC has some issues--but I am averaging down today. Maximum negative equals best price.

It may take 18 months to see what I predict will be an annual total return of 30% plus. Between the dividends and capital appreciation-- would be a price near $32 plus the accrued dividends by first quarter of 2022.

[I-Man]

MORE Wells Fargo fraud on the public ! Over $200 million in fraudulent SBA loans linked to insiders at Wells Fargo now !!

When is this bank going to be shut down !!?/

Already $Billions in recent past regarding loans, mortgages, etc and all of this has got to STOP !

Absolute disgrace from what originally started as a wonderful company looong ago Out West...

Let's go back to how baking used to be (pre-90's) and how local branches actually got to know folks and small businesses and cared.. Not this mega0conglomerate one size fits all scenario we see today all about "fees at any cost", not about doing what's right for the community or small businesses...

[conix]

The inefficiency in WFC is being corrected....headcount reductions, closing branch offices---that will eventually be reflected in the numbers.

Once the financial sector comes back into vogue--and it will--WFC probably has the highest potential Total Return potential of all the big banks.

[Moneypleasee]

I feel ya. I had been running with a similar narrative but am a little skittish about having any confidence with the gov. removing caps after the last mess they made with caps/sweeps in'08-09. Really not a great tool for accomplishing anything other than prolonged suffering.

[conix]

It is just an opinion based on the fact that a major banking enterprise is hamstrung to underwrite loans in an economy that is really struggling.

The upside for the Fed is to have a bank that can become healthier and help those businesses in the economy that need loans to stay afloat.

The other thing is the recent announcement that thousands of jobs are in jeopardy at WFC--not a welcome possibility in this pandemic. The lifting of the cap could help mitigate the actual total of jobs lost at WFC.

[Moneypleasee]

Anything that makes you feel this is imminent? Edit: I should clarify that by imminent I just mean is there any significant momentum building.

All i have seen is that most "progress" has been behind the scenes while more problems unfold. Not sure how confident that makes me feel about them being close on it.

Do you see any connection between the current and projected future economic strain that would lean this towards or away from the cap? Seems like the current conditions would make a cap removal less likely since there is more risk out there.

[Saving Grace]

$WFC Black Rock says the table has turned. We will manipulate the manipulators. No mercy.

[conix]

Watch for the Capital Growth Cap being lifted by the Fed.

And when it comes, there WILL be a nice trend reversal.

[mick]

Wells Fargo and Comp (WFC)
23.63 ? 0.31 (1.33%)
Volume: 30,224,186 @09/25/20 7:19:04 PM EDT
Bid Ask Day's Range
- - 23.01 - 23.71
WFC Detailed Quote

[Saving Grace]

Black Rock is working with BAC to transition out of the Fiat Petrol Dollar System and back to a sound money system based on worth not debt.

Nobody ever thought the Fiat paper moon system would ever last 50 years like it did. But now it's being replaced. The banks will have to crash to be built back up replacing the paper moon Fiat system with a solid gold and silver standard.

Credit unions and National Banks are currently being built all over the place where the home town banks will flourish once again to be the backbone of the community.

Central Banks are no longer to big to fail so-to-speak and some will come down as they carry the debt. We will see the weak become insolvent while some will have to merge with others just to stay alive. Debt forgiveness may also be added to the equation which would transition on down to personal debt holders before they we make the shift.

It's a historic time we're living in. World wide.

[conix]

Have you shorted WFC and JPM yet? Would you short BAC too?

At these prices?

Congrats if you shorted them all at higher prices.

TIA

[Saving Grace]

Why not, they're tanking and not coming back.

Goldman Sachs just took another 5 dollar haircut. The walls are caving in on Central Banks.

Deutsche Bank and JP Morgan et al. were just caught in a multi trillion money laundering scheme illegally funding our enemies and cartels.

Is it shorting season? It most certainly is with interest rates cut and bank corruption being exposed on a daily basis.

[conix]

Are you shorting all the banks, then?

TIA

[Saving Grace]

With the return to the gold standard, Central Banks don't stand a chance.

National Banks and Credit Unions to be the new normal.

[conix]

Building a position in WFC for a three year hold will prove to provide a healthy average annual total return with the dividends and the cap appreciation.

Averaging in from these prices up to $29 should give the patient investor an annual return of over 25% in those three years.

JMO

[Saving Grace]

Be careful as the floor is falling out with central banking as we shift from the fiat system paper moon petrol dollar to a sound money system gold standard based on worth instead of based on debt.

With interest rates being cut, there is no longer a hedge and why every central bank is no longer FDIC insured. Even their own notes are no longer secure by the bank itself.

[Nebuchadnezzar]

continuing to add to WFC here

[Saving Grace]

They drive it up to sell it off.

This shit has orchestrated scam P&D all over it.

Times are tough for these manipulated scam banks and they will do anything at this point of no return.

[Saving Grace]

Berkshire Hathaway no longer directly holds Wells Fargo shares

Sep. 4, 2020 5:07 PM ET|About: Berkshire Hathaway Inc. (BRK.B)|By: Liz Kiesche, SA News Editor
Berkshire Hathaway's (NYSE:BRK.B) (NYSE:BRK.A) discloses that it no longer directly holds any Wells Fargo (NYSE:WFC)shares.

Its CEO Warren Buffett has sole voting power over 1.26M WFC shares and shared voting power over 136.3M shares, or 3.3% of the bank's shares outstanding.

Berkshire's Nebraska Furniture Mart, Fechheimer Brothers, and BH finance units hold 7.73M shares, or 0.2% of WFC common stock outstanding.

The conglomerate controlled by Buffett held a ~5.96% stake in Wells Fargo as of June 30, 2020, according to its 13F filing.

https://seekingalpha.com/news/3611881-berkshire-hathaway-no-longer-directly-holds-wells-fargo-shares?utm_source=otcmarkets&utm_medium=referral

[Saving Grace]

Bull Shit. More are dumping this certain loss.

Warren Buffet sold after a more than 50% haircut. He tried manipulating it back up but the outward flow of sellers wanting to get out fast was more than could be handled.

The rip off Central Banks are feeling the pain of their past crimes and shorting manipulation of value stocks.

The Fiat Central Banks are being phased out and it's no longer a secret that the gold standard is coming back. Black Rocks is facilitating the Banks transition.

We will begin to see Central Banks merge just to stay afloat.

BTW, nobody knows what pain Berkshire holds until reports are filed.

This went from nearly $60 to $25 in short order and I predict a fall to $12 before the lights are turned off for good.

Warren Buffet sees the writing on the wall and reinvested his stake already into Kroger foods. He's not coming back.

[Prudent Capitalist]

But BRK did not take a loss on its shares, and only sold some of the position.

[Saving Grace]

$24.75 is real money. The next dive is going to leave a mark. Hopelessness is drawing near as Buffet tried to bounce it back, failed and left the building. Now his money is reinvested in Kroger and not coming back.

[Saving Grace]

Bull Shit! The price was above $50 and nose dived to $25 where Buffet sold. That's a 50% hair cut and no wild ride.

The Central Banking days are over and we ain't seen nothing yet.

[Prudent Capitalist]

LMFAO! Incorrect again! BRK and Buffet did not take any kind of loss on any WFC shares sold. As detailed in the annual report issued last spring, as of 12/31/19 BRK's WFC holdings totaled 8.4% of WFC totaling 345,688,918 shares at a cost and tax basis well below WFC's 52-week low of $22. And BRK has pocketed decades of dividends on all of those shares.

[Saving Grace]

Looks like crashing to me. No wonder why Buffet dumped this crashing pig, took the severe loss and invested the money into Kroger. He knows this bank doesn't have what it takes to make the turn back to Brenton Wood from a failed Illusionary Fiat system. The crash is inevitable. Right now $24 is real money. The next day, it's gone.

[TFMG]

$WFC | #WellsFargo Rotation Trade



If rotation can continue today, there is a possible opportunity in WFC for a long trade.
Upside targets=
-$25.15 - mid channel
-$25.70 - Horizontal resistance
-$26.50 - Top of channel.
Indicators also in reversal

[Prudent Capitalist]

Incorrect! BRK and Buffet still hold 6% of Wells Fargo and similarly large positions in a number of banks, including BAC, JPM, Bank of New York Mellon, US Bank, PNC, etc. From latest 13F in August.

https://www.cnbc.com/berkshire-hathaway-portfolio/

[Saving Grace]

Warren Buffet got entirely out for a reason!

https://ih.advfn.com/stock-market/NYSE/wells-fargo-WFC/stock-news/83079084/warren-buffetts-berkshire-hathaway-unloads-bank-st

[UpTickMeA$AP]

The Fed NEEDS healthy banks to help in this pandemic.

Agreed! It's unfortunate WFC doesn't fall under that category. They have been put in this bad situation by their own mass fraud.

[conix]

"To this day, the Fed is awaiting a new submission after rejecting the firm’s first plan almost two years ago, according to people familiar with the matter. As Scharf assembled his new leadership team, Wells Fargo warned the Fed that it wouldn’t make an April deadline for submission. The current due date is September, which this time Wells Fargo expects to hit, the people said."

WFC may get the asset growth cap lifted by the end of the year.

The Fed NEEDS healthy banks to help in this pandemic.

And when that cap is lifted, WFC will be trading over $30.

Mark this post.

[UpTickMeA$AP]

Asset cap kiss of death.



https://finance.yahoo.com/amphtml/news/wells-fargo-asset-cap-now-183607932.html



Well deserved kiss.

[Nebuchadnezzar]

WFC- i will buy $24 and lower. i got time to hold this baby for years

[NYBob]

Berkshire Hathaway filed its latest Form 13F on Aug. 14, 2020.
Berkshire has exited airlines, Goldman Sachs, and Occidental Petroleum.
Increased positions include the Store Capital REIT, grocery chain Kroger, and Canadian oil and gas company Suncor Energy.
Reduced Banking and Financial Services Exposure
Comparing 13F filings for Q2 20201? and Q1 20203? reveals that Berkshire cut its holdings of several banking and financial services stocks. Among these were, with the new share holdings and values as of the end of Q2:


Wells Fargo & Co. (WFC): down by 85.6 million shares, or 26%, to 237.6 million shares ($6.1 billion).
JPMorgan Chase & Co. (JPM): down by 35.5 million shares, or 62%, to 22.2 million shares ($2.1 billion).
PNC Financial Services Group (PNC): down by 3.85 million shares, or 42%, to 5.35 million shares ($563 million). In Q1 2020, Berkshire had increased its holdings of PNC.4?
M&T Bank Corp. (MTB): down by 846 thousand shares, or 16%, to 4.54 million shares ($472 million).
Bank of New York Mellon Corp. (BNY): down by 7.4 million shares, or 9%, to 72.4 million shares ($2.8 billion).
US Bancorp (USB): down by 10.5 million shares, or 7%, to 132 million shares ($4.9 billion).
Visa Inc. (V): down by 575 thousand shares, or 5%, to 10 million shares ($1.9 billion).
Mastercard Inc. (MA): down by 370 thousand shares, or 7%, to 4.6 million shares ($1.3 billion).
Goldman Sachs Group Inc. (GS): down by 1.9 million shares, or 100%, after exiting most of this position in Q1 2020.4?
Bullish on Bank of America
Berkshire maintained a 925 million share stake in Bank of America Corp. (BAC).3? 1? Valued at $22.0 billion as of the end of Q2 2020, this remains Berkshire's second-largest equity position behind Apple Inc. (AAPL), at $89.4 billon.1?

Other Notable Moves
After financing the acquisition of Anadarko Petroleum by Occidental Petroleum Corp. (OXY),5? Berkshire eventually received 18.9 million common shares of Occidental, worth $219 million as of the end of Q1 2020.3? This position was sold in Q2 2020.

During Berkshire's annual meeting in May, Buffett announced that they had exited their holdings of four major U.S. airlines, confirmed by the Q2 Form 13F.6? 1?

For the second consecutive quarter, Berkshire trimmed holdings of satellite radio service Sirius XM Holdings Inc. (SIRI). This position is now 50 million shares, down by 62% from 132 million at the end of Q1 2020, and worth $264 million at the end of Q2 2020.3? 1?


Warren Buffett’s new investment strategy!! Big moves ahead!! GPL is positioned well for growth as metals prices soar to new highs!!
————————————————-
Warren Buffett’s group pares back holdings in Wells Fargo, JPMorgan, PNC and Goldman Sachs

Warren Buffett, through Berkshire Hathaway, is one of the single-biggest individual shareholders in US banks © REUTERS

August 14, 2020 10:43 pm by Eric Platt and Robert Armstrong in New York
Warren Buffett’s Berkshire Hathaway significantly cut its stakes in some
of the largest US banks in the second quarter, selling billions of
dollars worth of stock in Wells Fargo, JPMorgan Chase and other
financial institutions.

Berkshire Hathaway disclosed on Friday it had sold 85.6m shares of Wells
Fargo in the quarter, reducing its stake from 7.9 per cent to 5.8 per
cent of the lender, according to a filing with US securities
regulators. Berkshire also sold 35.5m shares of JPMorgan, lowering its
stake to 0.7 per cent from 1.9 per cent, and a substantial minority of
its longtime holding PNC Financial.

Mr Buffett sold the last of his financial crisis-era investment in
Goldman Sachs in the quarter, which was worth just under $300m at the
end of March. He cut Berkshire’s stakes in M & T Bank, Bank of New York
Mellon, US Bancorp, Mastercard and Visa as well. In total, including
both financial and non-financial stocks, Berkshire dumped $12.8bn worth
of shares in the quarter.

Through Berkshire, Mr Buffett is one of the single-biggest shareholders
in US banks and his decision to pare back his exposure will be parsed
by investors globally, especially given the timing.


The Great Panther Turnaround Story - Great silver & gold story -

https://seekingalpha.com/article/4368739-great-panther-turnaround-story?utm_medium=email&utm_source=seeking_alpha&mail_subject=gpl-the-great-panther-turnaround-story&utm_campaign=rta-stock-article&utm_content=link-0


The Return of the Gold Standard (This is WHEN and HOW it comes back!)
31,918 views•Aug 5, 2020

https://www.youtube.com/watch?v=8mlZWFxDiBY


XRP and GOLD - Will Donald Trump free us from the FED? Are we headed
to a gold standard?
11,545 views •Premiered Aug 6, 2020

https://www.youtube.com/watch?v=e0Lvq72AXXE


Gold rising to $4,000 an ounce ‘would not be an unreasonable move,’ fund manager says
Published: Aug. 8, 2020 at 4:44 p.m. ET





https://www.marketwatch.com/story/gold-rising-to-4000-an-ounce-would-not-be-an-unreasonable-move-fund-manager-says-2020-08-06?mod=home-page


Any fund controlled by banks - I am scared for to have any savings in -
what's your opinion - all opinions appreciated -
thanks in advance -

E.g.,
Great Minds: Ellen Brown - Did You Know Banks Can Take Your Money in A Crisis? VIDEO

This is Our Money!!! A Must Watch ...

https://www.youtube.com/watch?v=eSRPvMxIAb0&feature=youtu.be

good message - by Shermann

Btw.
I prefer hard rock safety mines ex.... )


Gold & Silver bulls starting to break out > ^ > ^ > ^

In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

[whytestocks]

News: $WFC Is Dividend Investing Dead?

To the long list of COVID-19's business victims, you can add dividend stocks. For generations, a truism of investing had been that dividend stocks, on average, outperform their non-dividend-paying counterparts. No longer. Returns from income-generating stocks have significantly lagged those of...

In case you are interested WFC - Is Dividend Investing Dead?

[whytestocks]

News: $WFC Which of Warren Buffett's Banks Have Done the Best During Coronavirus?

Everyone knows that famed investor Warren Buffett, chairman and CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , loves banks. The company's portfolio is rife with them. Plus, Berkshire just made three large investments in Bank of America (NYSE: BAC) -- together constituting one o...

Find out more WFC - Which of Warren Buffett's Banks Have Done the Best During Coronavirus?

[whytestocks]

News: $WFC Wells Fargo: Value or Value Trap?

I have recently been very critical of Wells Fargo (NYSE: WFC) because I believe the company did a poor job projecting loan losses in the second quarter, which left investors and most analysts surprised when the bank reported a $2.4 billion loss. But just because you don't like the way a comp...

In case you are interested WFC - Wells Fargo: Value or Value Trap?

[$Pistol Pete$]

Took some profit today. Have a great weekend

[Renee]

WFC: SEC Admin. Proceeding.

NOTICE OF PROPOSED PLAN OF DISTRIBUTION

https://www.sec.gov/litigation/admin/2020/34-89501.pdf

[$Pistol Pete$]

$WFC dividend today for $.10 cents if u own shares

[buby89]

Buy some more at a discount!

[Saving Grace]

Already down a dollar since Cramer pumped it on TV.

Anytime Cramer lifts his head, securities tumble. Always go the other way.

He's a paid promoter.