Remarkably, this is even after Charlie bought bought back 86.4 million shares for $4 Billion in the first quarter of this year.
He’s trying to give the false impression there are buyers out there, but apparently the sellers are smarter than our own CEO and BOD.
Simple solutions often get overlooked. Less can be quite a bit more. Is this
leadership team purposely leading us all on a wild goose chase in order to extend the time where they can personally profit from Wells Fargo’s failures?
Stop the smoke and mirrors. Spend the money on technology, improving oversight and resolving consent orders to get us out from under the Federal Asset Cap. Once that happens, the stock will move up organically because investors will believe we have the correct leadership team in place.
Someone needs to call out this leadership team on their BS.