So Goldman Sachs just had a perfect trading quarter...

[corbel]

So apparently Goldman Sachs batted a perfect game, and didn't have any trading losses for the first quarter--a feat they've never accomplished before. Does anyone feel this makes GS a good investment, or are things still way to speculative?

http://preview.bloomberg.com/news/2...quarter-without-any-daily-trading-losses.html

 

[spinn]

Quote from corbel:

So apparently Goldman Sachs batted a perfect game, and didn't have any trading losses for the first quarter--a feat they've never accomplished before. Does anyone feel this makes GS a good investment, or are things still way to speculative?

http://preview.bloomberg.com/news/2...quarter-without-any-daily-trading-losses.html

It makes them criminals. Are you forgetting they are about to get indicted?

 

[nazzdack]

Quote from corbel:
----So apparently Goldman Sachs didn't have any trading losses for the first quarter.....
----Does this make GS a good investment.....

1) There's a big difference between no trading losses and no losing days. They could have altered their accounting to "produce" some losing days.
2) The first quarter was an uptrend. They ought to make a lot of many against that type of backdrop.

 

[GGSAE]

I'd like to see the trading revenues if these banks didn't have subpennying and dark pools.