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.
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. http://www.bloomberg.com/index.html?Intro=intro3
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.
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 â Goldman Sachs (GS), Morgan Stanley (MS), Wells Fargo (WFC), US Bancorp (USB), PNC Financial Services Group (PNC) Goldman Sachs and Morgan Stanley are âbest in showâ stocks, Cramer said during Mondayâs Stop Trading!, and deserve better share prices than the marketâs giving them. âGoldman is getting no credit whatsoever for its earnings,â 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,"