GS now in the 60's, hoping to avoid the "LEH death spiral"

Discussion in 'Stocks' started by wilburbear, Nov 10, 2008.

  1. zdreg


    #41     Nov 11, 2008
  2. Bloomberg News
    #42     Nov 11, 2008
  3. ipatent


    I predict it will go like this...

    1. GS drops further.

    2. Shills start planting stories how a GS failure would be 100 times as bad as LEH and that a bailout is needed to prevent complete collapse.

    3. Paulson now has political cover to give the rest of the $700B to GS.
    #43     Nov 11, 2008
  4. zdreg


    please give an exact address to story?
    #44     Nov 11, 2008
  5. Tens of billions with a $5bln investment into GS? Right.
    #45     Nov 11, 2008
  6. Turn on your TV. Every so often they report on Buffy. As of two weeks ago prior to the recent declines they said he was down 13 Billion. Feel free to search bloomberg website for some articles on his losses.

    #46     Nov 11, 2008
  7. mac

    mac anyone here shorting GS? puts?
    #47     Nov 11, 2008
  8. subban


    Did'nt Cramer say GS was a steal at $90 a few months ago??? ridiculous cramer.
    #48     Nov 11, 2008
  9. S2007S


    Many said GS was a buy from $150 all the way down to a $100. I think you will be able to buy GS for less than $30 bucks, just give it some time.
    #49     Nov 11, 2008
  10. BadCo


    He liked it when it was 120 on Sept. 22. The guy just has no shame.


    Recap of Jim Cramer's comments on Stop Trading! Monday September 22.

    Bank on Them – Goldman Sachs (GS), Morgan Stanley (MS), Wells Fargo (WFC), US Bancorp (USB), PNC Financial Services Group (PNC)

    Goldman Sachs and Morgan Stanley are “best in show” stocks, Cramer said during Monday’s Stop Trading!, and deserve better share prices than the market’s giving them. “Goldman is getting no credit whatsoever for its earnings,” said Cramer. There's been a series of stories about how Goldman's not going to be able to make as much money. "This is just ridiculous,"
    #50     Nov 11, 2008