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- Believe in Wachovia
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Talk about putting your money where your mouth is! Robert Steel, President and CEO of Wachovia, spent 16.1 million dollars on 1 million shares.
Despite announcing a second-quarter loss of 8.9 billion dollars, Steel confirmed his belief in the company and the fact that he could turn things around. Having said this, he then went out and made this massive buy the following day stating: …
Original Source: ei-forum.com
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25 July, 2008| Fundamental Analysis |
@ 0:27
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