GS, Buy or Stay Away?

Quote from goldboy:

You have a point.

However, I respectfully disagree and expect Goldman to thrive.

Buy the Selling.

Goldboy

Different opinions are what make a market! :) Like I said, shorting GS is a gamble. I don't know if I'll actually have the balls to do it, because GS is not the type of stock I would like to fuck with. You could very well be right, and it could go back to $250. GS is just that type of company, there's no denying they're the best at what they do.

But take yesterday as an example. Heavy selling in an up market... seems like the big boys are getting out and exchanging hand with the retail buyers.

I'm torn... I do believe that they will go down, but I'm afraid of getting my ass pounded. I guess we'll see.
 
sounds like the vote within the sec to push the case could have been political to set up Obamamania on the Fin's. either way, im out of this one for a while. thanks to everyones opinions
 
Quote from goldboy:

You have a point.

However, I respectfully disagree and expect Goldman to thrive.

Buy the Selling.

Goldboy

Lets start counting the idiots :D :D
 
Quote from Softgiant:

thankful i stayed away...why the nose dive today? I havent had a chance to look at any news yet.
Criminal charges now--earlier it was only a civil case that didnt really amount to much if they were fined 10-20 million$ but now someone's going to jail if they can prove it.
 
Quote from Softgiant:

thankful i stayed away...why the nose dive today? I havent had a chance to look at any news yet.

US Attorney's office is reportedly pursuing criminal charges against GS. Politically, everyone is getting ready to shit on them. After decades of being on the right side of the trade and fucking over a lot of people, their enemies are probably chomping at the bits to get a piece of revenge.

Kind of like the last episode of Seinfeld.
 
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