Do You Have Balls? Goldman Sachs Is Breaking Down

Quote from ChiBondKing:

i don't know why the initial article you cited is bearish on GS in particular (I don't know, I didn't read it)

But GS, and a lot of the "bigger known" IB's are beginning to diversify. Goldman morphing into a "hedge fund" of sorts, launching Private Equity arms, Bear capitalizing on clearing and prime brokerage.. JPM.. if they can get that behemoth of a bank side turned around....

Maybe in the short term things may not look well, but in the long term, these guys are positioning themselves for something greater.

Perhaps there will be a lot of consolidation as the "traditional IB's" begin to feel a pinch, but that's just my opinion.

disclaimer: I'm affiliated with the places i've mentioned, and no, I don't trade their stocks.
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If you mean me (may be the OP) I'm not strongly bearish...mildly so for the reasons stated in Barrons but for a put calendar neutral will still work. My time frame is a couple of months...partly seasonal.
 
Quote from ByLoSellHi:

In the interest of fair disclosure, I borrowed the "[d]o you have any balls?" question from Stephen Colbert.

Only he asks "[d]o you have any balls?...Well, do you?"
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I didn't think balls were a prerequisite to trading the markets...now where are mine....hummmmmm
 
That was pretty ballsy if you really did short a week ahead of earnings.

If you want to short ahead of earnings, maybe its better to check how the stock performed after its last earnings report or two. If it tanked last time, and has rebounded, then that is probably a better stock to take a shot at.

Just my opinion. I mostly day trade and my overnight holds are usually hedged.

Did you really short, or were you just testing the water with your original post?

None of our business really, just curious.
 
Quote from ByLoSellHi:

Any balls I had have been removed by galactically stupid talk of shorting GS.

Live and learn.
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SellHiByHier.

It does look short term bearish right now, tho ;)

Not my cup of tea however.
 
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