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Bullboard - Stock Discussion Forum Ainsworth Lumber Co Ltd ANSBF

GREY:ANSBF - Post Discussion

Ainsworth Lumber Co Ltd > Wells Fargo
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Post by PAGODA5 on Apr 14, 2013 3:15pm

Wells Fargo

Wells had a decline in their mortagage business last quarter.  Will be interesting to see how this hits the home building stocks and ANS on Monday.  Wells is usually a good mortgage bellwether.  

 

The bank made $109 billion in home loans during the quarter, down from $129 billion in the same quarter a year ago and less than the $125 billion in loans extended in the fourth quarter. Fees from mortgages dropped 2 percent to $2.8 billion from a year earlier, and were down 9 percent from the fourth quarter.

Comment by funthatsfree@yahoo.ca on Apr 14, 2013 5:07pm
You could get a chance to day trade a couple shares and make a shiny nickel!
Comment by PAGODA5 on Apr 15, 2013 4:16pm
Made a few more nickels shorting the TSX while you lost your shirt. For you, being stupid is a way of life.