The Fat Lady sings on the financials GS and MS both going under

Discussion in 'Stocks' started by Port1385, Nov 10, 2008.

  1. I bought some $100 call option for January. Kind of regretting that move. Grant you I got them cheap but GS and the financials are pretty sick. Hoping the new year gives it a Jump start (a nuclear jumpstart that is)
     
    #11     Nov 13, 2008
  2. GS has a viable business model. They are not going much lower.
     
    #12     Nov 13, 2008
  3. don't worry, the titanic was too big to fail!!
     
    #13     Nov 13, 2008
  4. I agree. GS will survive and go to $350/share. Paulson is still in control of the team, imho.

     
    #14     Nov 14, 2008
  5. PortI385

    PortI385

    GS and MS are okay, they will survive.

    Stocks have bottomed right here right now and they both will be a nice investment. Added some to my longterm portfolio.

     
    #15     Nov 14, 2008
  6. True

    Wrong, prices MAY go way down, despite intrinsic value.
    Markets are not efficient.
     
    #16     Nov 17, 2008