GS now in the 60's, hoping to avoid the "LEH death spiral"

Quote from option_trad3r:

I couldn't agree more. GS has bottomed and it will go higher. Buying more tomorrow.
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I predict it will go like this...

1. GS drops further.

2. Shills start planting stories how a GS failure would be 100 times as bad as LEH and that a bailout is needed to prevent complete collapse.

3. Paulson now has political cover to give the rest of the $700B to GS.
 
Quote from subban:

Did'nt Cramer say GS was a steal at $90 a few months ago??? ridiculous cramer.
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Many said GS was a buy from $150 all the way down to a $100. I think you will be able to buy GS for less than $30 bucks, just give it some time.
 
Quote from subban:

Did'nt Cramer say GS was a steal at $90 a few months ago??? ridiculous cramer.
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He liked it when it was 120 on Sept. 22. The guy just has no shame.

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Recap of Jim Cramer's comments on Stop Trading! Monday September 22.

Bank on Them – Goldman Sachs (GS), Morgan Stanley (MS), Wells Fargo (WFC), US Bancorp (USB), PNC Financial Services Group (PNC)

Goldman Sachs and Morgan Stanley are “best in show” stocks, Cramer said during Monday’s Stop Trading!, and deserve better share prices than the market’s giving them. “Goldman is getting no credit whatsoever for its earnings,” said Cramer. There's been a series of stories about how Goldman's not going to be able to make as much money. "This is just ridiculous,"
 
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