Discussion in 'Stocks' started by ASusilovic, Oct 19, 2007.
Buying GS at 220.72.....target today 225.32....
Thanks for the heads up. I don't have enough cash left in my account to buy enough common stock outright, so I just shorted a bunch of at the money put contracts. Risk free $$$.
The two of you can start a Goldman Sachs ETF with an initial share price of $10. You could do the same with other "expensive" stocks, i.e. BRKA, BRKB, AAPL, GOOG et al. You'll become multi-billionaires!
I never understand that... I mean just buy a few shares if that's all you can afford....
And if you have less than $1000 then you shouldn't really be buying stocks anyway since the transaction costs and hassle of complicating your taxes aren't really worth it...
Your EFT is down today .... $9.70 (slight premium to book!)
Thanx for counseling nazzdack ! The other day you mentioned foreign investors buying foreign stuff at market tops and sell out at bottoms, I bought some bond futures at the long end of the curve. Therefore I reallocated some profits out of Treasuries into stocks - bargain hunting if you want it call this way !
I undertook some single-stock valuation and what it says about GS is :
30-yr Treas. Yield = 4.69 %
Last 4 Qtr EPS : 24.26
Next 4 Qtr EPS : 22.65
Average EPS Surprise : 82.45 %
Sharpe Ratio 0.94
Model price : $227.28
Optimistic model price : $225.13
Conservative model price : $223.05
Optimal buy / Sell Levels :
Buy if lower than $ 219.60
Sell if higher than $ 244.25
As such I decided to buy GS at 220.72. (and as I promised - I to stick to my "trademark" ( you now what I am refering to )
Buy ! Bargain !
Selling one part of my GS longs 240.37
Sold the rest of my position at 249.07. Thanx BEN !
I like PANIC days. So I must buy some GS shares ! Thank you Wall Street Journal !
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