Wells Fargo’s Surprising Profits? Time to Go Short…

Well Fargo more than surprised Wall Street and every other street in this country when it announced last Thursday some of the most amazing Q1 results imaginable. And if they had stopped with the overwhelmingly good news a little sooner, perhaps I would have just shrugged my shoulders and said to myself, “Huh. Well what do you know about that? Good for them. Maybe the worst is over after all.”

But they didn’t stop. They went on and on and on until I couldn’t stand the amount of good news I was reading in their pre-earnings press release.