WFC -- Catchup -- Closed Position

This is a catchup post, since I haven't been diligently posting transactions.

I entered this position because I thought WFC was a solid purchase and I expected it to emerge as a leader in the banking industry. But its price movements were not exempt from the industry panics and was too volatile for my liking, so I exited.

Price	Date	Description	Total	aXIRR	aROI
$18.73	2009-01-16	Buy 2000 WFC @ $18.73	-$37,460.00	--	--
$18.73	2009-01-16	Sell 20 WFC Feb 2009 $20 @ $2.40	$4,770.05	313.9%	132.8%
$16.10	2009-01-20	Buyback 20 WFC Feb 2009 $20 @ $1.50	-$3,029.95	-14.6%	-13.6%
$16.10	2009-01-20	Sell 20 WFC Feb 2009 $15 @ $3.60	$7,170.05	66.2%	40.4%
$18.49	2009-02-06	Buyback 20 WFC Feb 2009 $15 @ $4.69	-$9,399.95	66.2%	40.4%
$18.49	2009-02-06	Sell 20 WFC Feb 2009 $17.50 @ $3.00	$5,970.05	168.7%	84.1%
$15.73	2009-02-12	Buyback 20 WFC Feb 2009 $17.50 @ $0.65	-$1,329.95	-16.5%	-14.5%
$15.73	2009-02-12	Sell 20 WFC Mar 2009 $16 @ $2.50	$4,975.05	80.8%	48.3%
$10.82	2009-02-20	Buyback 20 WFC Mar 2009 $16 @ $0.40	-$829.95	-95.3%	-206.1%
$11.49	2009-02-24	Sell 20 WFC Mar 2009 $12 @ $1.65	$3,270.05	-47.0%	-45.1%
$14.81	2009-02-26	Buyback 20 WFC Mar 2009 $12 @ $3.70	-$7,429.95	-70.0%	-88.0%
$14.81	2009-02-26	Sell 20 WFC Mar 2009 $15 @ $1.79	$3,550.05	-3.0%	-2.4%
$10.74	2009-03-03	Buyback 20 WFC Mar 2009 $15 @ $0.30	-$629.95	-87.4%	-138.0%
$10.74	2009-03-03	Sell at end of period	$21,482.00	-94.4%	-189.0%