GS and stock offerring

[cybercash28]

Goldman priced the $5 billion stock offering at $123 per share, a discount of 5.5 percent to Monday's closing price of $130.15. Goldman said it has the option to sell an additional $750 million in stock to cover over-allotments.

Big money will drive GS price above $123.

Good read from Moneycentral.com

http://blogs.moneycentral.msn.com/t.../buffet-s-goldman-deal-starts-to-pay-off.aspx

 

[cybercash28]

Nice move on GS today.

 

[cybercash28]

JPM will announce earning in the morning. It's risky to hold financial stocks overnight due to JPM.

 

[bronks]

What a time to unload.
If you're an insider, you can be like Hans Solo and release your docking from the mothership and float out unseen with the rest of the trash.

 

[Ghostdog]

Its a move they all should have done over a year ago