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SoCalsurfbum » Comments » GS

  • Goldman and Morgan Stanley: Banks of Choice - Barron's [View article]
    Both their Level 2 and 3 assets are huge vs Equity where small losses wipe it out... both are still highly leveraged which they need to unwind (because they are now banks) in bad markets. And are they holding anything off balance sheet? You don't know.

    GS has huge exposure to AIG (AIG just released a presentatin on this)... they changed business models to get access to government support (seems more desperate than strategic)... Banking is much less profitable than their old business. Combine that with how new and immature their banking business is and I wouldn't be too confident in their stock.

    But besides that Mrs. Lincoln, how was the play?
    Mar 16 01:54 am |Rating: +5 -1 |Link to Comment
  • Really?! Brokers Trade Lower on Citi Call [View article]
    His target price for GS is $205 in this new report while it is currently trading at $153... and it is still only a hold rating...

    What... an expected 35% increase isn't big enough for a buy rating?

    I find it amazing how "Analysts" are never paid on their abilities to analyze...
    Aug 21 15:10 pm |Rating: 0 0 |Link to Comment
  • Goldman: Readying Short Position Initiation Sequence [View article]
    That is an interesting strategy... short it ony after it falls more...

    Why not short it when the price is higher so you can make a couple bucks?
    Aug 18 12:41 pm |Rating: 0 0 |Link to Comment
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