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davejh23 (< 20)

December 2009

Recs

4

Question about WFC and C offerings and share price...

December 15, 2009 – Comments (1) | RELATED TICKERS: WFC , C

So, C announces a major dilutive share offering and the stock price falls 10% over the last couple days.  Makes sense to me...even if repaying TARP funds adds strength to the company, the stock should fall on news of such a dilutive offering.  If the repayment didn't add any strength to the company, the stock should fall another 10-15%.    [more]

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