Tuesday, July 22, 2008

Wachovia -- The Good and Bad News

The Bad News....in a nutshell...it was another terrible quarter, more employees laid off, etc.

The Good News...no one cares about the bad news. Wachovia stock rocketed up 27% to close at 16.79!

Huge reversal! Can I come out of the bunker now...is the coast clear? Some lonely party-pooper said this something's not right. Guess he didn't get an invitation to the Bull Market Party.

-charlottemom

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