Reuters Stock Buzz Powered by SocialPicks Logo_divider Logo_thomsonreuters Bg_dots_d1
   Sign Up   |   Log In   |   What is Reuters Stock Buzz?   |   FAQ powered by Logo_powered_by_socialpicks

Important Message: The Reuters Stock Buzz beta period will end Friday, October 31. If you would like to continue to access your Stock Buzz account through SocialPicks, please click here
0 point   posted on 07/25/08
Arrow_up
Arrow_down
Intelligence
-14.35%
 risk: mid

Housing still a problem so WB has a problem


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 means WB still has a problem because most of their loans are in those regions.
  Related to:  
WB Wachovia Corp


Comments (1)

Add Comment

Arrow_up
Arrow_down
traderdrew   71%     1 point   commented 78 days ago reply

There still is the potential that WB may be bought out by one of its larger competitors

Your Comment




 
Wachovia Corp (WB)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
12.0%
Top:
0.0%




TODAY'S TOP PICKS