Purchased 2nd Tranche of Wells Fargo Bank
The Value Investment Fund purchased a second tranche of Wells Fargo Bank shares today, January 14, 2021, at 12:45 PM.
Banking Pool
Sold Comerica Bank – Earned 18.38% in 35 Days!
Today, Comerica’s stock price hit the sell point in accordance with the buy/sell model for Comerica Bank.
Purchased 292.0560 Shares Wells Fargo Bank
With a tangible book value of approximately $33 per share and a current market price of $33.24 per share, the Banking Pool diversified its portfolio and purchased 292.056 shares of Wells Fargo Bank this morning.
Including a transaction fee of $1 per share, the total investment is $10,000. The market recovery price is set to $53.00 per share and it is anticipated this will be achieved within 18 months.
Value Investment Fund Buys 369.9593 Shares of Comerica Bank
The value investment fund’s banking pool includes Comerica Bank. Based on the investment’s buy/sell model, this morning prior to opening, an order for 369.9593 shares at $53.06 was entered.