2pm EST – Morgan Stanley & Wells Fargo Falling Apart

Posted on April 10th, 2008 in Daily Stock Market / Economic News - The Real Story

Morgan (MS) – under performing the market is a big way…could it be THE $8.4 FREAKING BILLION GAIN ON DERIVATIVES CONTRACTS, disclosed in its Q. THE FRAUD HAS TO STOP NOW! Lehman, Merrill and Goldman are also weak today but MS is the stand-out as of now. If we are lucky, they all roll over hard into close, which is a distinct possibility.  Higher than normal volume today vs. this week.

Wells (WFC) – Stock price acting like Morgan. I smell some ugly news…this is just a hunch but people know how to read Q’s alot better now, as evidenced by how quickly the Lehman, Goldman and Morgan lies were uncovered. Much higher than normal volume today vs. this week.

Annaly (NLY) – Have a seller at/around $16 in the past few days. I still think there is news here to.  9:1 leverage does not work anymore. They have not said a word.  Too quiet. Much higher than normal volume yesterday and today vs. this week.

-Best, Mr Mortgage

One Response to “2pm EST – Morgan Stanley & Wells Fargo Falling Apart”

  1. Any comment on the King of All Fed Gifts, JP Morgan?

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