Goldman Sachs Down on Record Earnings March 13th, 2007 When higher highs arenât enough to push a stock up - what is? After an initial surge (when every other stock in the sector was down) GS gave up its gains and more on an awful day in the market. GS Down The rest of the street didnât do much better - those sub-prime sniffles are turning into H5N1 for the sector. Is this a good news or bad news for a small investor like me?
i have no idea but i sincerely think goldmasn must have a money printing press. gotta give these greedy bastards credit - they know how to squeeze blood from a rock
It's a sign that a stock has topped. The financials are particularly susceptible to what will be a weakening American consumer.