Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the armember-membership domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home1/wanrru6iyyto/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the ARMember domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home1/wanrru6iyyto/public_html/wp-includes/functions.php on line 6114

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home1/wanrru6iyyto/public_html/wp-includes/functions.php:6114) in /home1/wanrru6iyyto/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893
{"id":24017,"date":"2024-03-05T23:17:10","date_gmt":"2024-03-05T23:17:10","guid":{"rendered":"https:\/\/valueinvestingnow.com\/?p=24017"},"modified":"2024-03-05T23:17:10","modified_gmt":"2024-03-05T23:17:10","slug":"sold-wells-fargo-34-59-annualized-return","status":"publish","type":"post","link":"https:\/\/valueinvestingnow.com\/2024\/03\/sold-wells-fargo-34-59-annualized-return","title":{"rendered":"Sold Wells Fargo – 34.59% Annualized Return"},"content":{"rendered":"

Sold Wells Fargo – 34.59% Annualized Return<\/strong><\/span><\/h1>\n

Wells Fargo<\/a> <\/strong><\/span>crossed the $57 per share threshold this afternoon just after 2PM ET. The last time Wells Fargo hit $57 per share was back in February 2022. The only issue holding Wells Fargo from achieving more than $65 per share is the restriction imposed by the Federal Reserve<\/a><\/strong><\/span> which is now over five years old. It looks like at least another year to finally get released. The Value Investment Fund set a sell order at $57 per share. Transaction fees are $1 per share. Here are the results:<\/span><\/p>\n

Gross Sale of 500 Shares of Wells Fargo at $57 Each\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$28,500.00<\/span>
\nTransaction Fees at $1 Each\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 (500.00)<\/span><\/span>
\nNet Proceeds from Sale\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $28,000.00<\/span>
\nBasis in Stock\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a020,071.50<\/span><\/span>
\nTaxable Gain\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$7,928.50\u00a0 <\/span><\/p>\n

There were two tranches of Wells Fargo:<\/span><\/p>\n