Replies to post #146618 on ajtj99's Market Pulse

[rimshot]

Wells Fargo (WFC:$24.76,00$-2.08,00-7.75%) said late Thursday that it plans to sell $6 billion in new common stock to help the bank raise capital to meet requirements from the government's so-called stress test.

expected pricing is below current close

[easycome92]

Is the Stress Test just a way to promote the value of the banks so the banks can dilute?