GS - Goldman Sachs - Page 5

i had a sweet dream about GS
we had gapped up in excess of 10$ based on kick ass earnings
when are earnings
(we will pullback to 210 or so and I will load the boat)

The appropriate question is, when were earnings. There next report is not until December. They just reported 9/20 and they did gap up $7-8 and have been running up nicely since.

maybe it wasnt about earnings
but ill take 222$

beautiful...best of better

A really sweet run, I have some OCT 200 calls I paid $8.20 for and are now $23.50.

GS had another great day. Up $5 to $228. I think they are headed to $260.

hello another great day yesterday woohoooo go goldman

Was that an all time high yesterday?

Yes, and if they continue with their uptrend, I think $280 is in the cards by the end of the year.

incredible co.

bank of banks....bank on it

When is GS going to report earnings?

They already reported Q3

Goldman has been bucking the trend of financial stocks lately so to me a big pullback like today was expected

Excellent company but got hit on Friday after setting its handle(pennant) formation to a new 52 week high.

The stock got slammed with a 4% loss, I think we could see another downward push to the $215-$220 level. On those levels it would be a good accumulation spot and drive it up all the way to its high. Any dip below $210.44 and I would sell as there is no support until $198.59(long term hold).

When the stock gets near its 52-week high, MACD need to make nreakout and make a new high as well with some DMI correlation.

Agreed on the push down, Citi news has bad joo joo in the air. Is there any info on GS exposure to these bad paper loans and bad investments?

That I can speak of and trully know, the risk is minimal.

They will probably have less than 1.25B in writedowns and their collaterized debt on issuing such loans will probably amount than less than 725M(fully normalized).

Fortunatley, GS wasn't really doing much business in the whole sub-prime sector as many of their peers were. Instead, they ventured globally an searched for aggressive global growth funds. Good to say, this has actually helped tons.

GS is well diversified and their exposuree to such mess is minimal but it can still posses risk to the whole financial sector(if revisons are off).

hanging right around 220-222, still pretty good support spot and could bounce up if no negative news on GS.