Wachovia Capital Trust (WB) NewsBite - WB Covered In Vic Wisemann Report Today

Posted on Monday, October 06, 2008 10:33 AM

Wachovia Capital Trust (WB) was covered in a Vic Wisemann Report today and the stock is now at $5.94, down $.27 (-4.35%) on volume of 19,671,136 shares traded. To see the report, and read Vic's thoughts on homebuilders, go to http://www.iotogo.com/vw100608 . Over the last 52 weeks the stock has ranged from a low of $.01 to a high of $52.25. Wachovia Capital Trust stock has been showing support around $4.37 and resistance in the $7.97 range. Technical indicators for the stock are neutral and S&P gives WB a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for WB. [ABR-Seven Summits Strategic Investments NewsBite]