When considering if financial stocks have hit bottom first consider this research piece by Bridgewater , the worlds 2nd largest hedge fund. It doesn't bode well for GS, the financial industry, the US Dollar, or the US economy in general. This is no time to be taking speculative positions in securities that neither you or I have the ability to analyze completely enough ...
GS - I think its one of the best shorts out there...
- GS - I still say and will continue to say that as much as people love GS, it's vastly overpriced and on the next wave down here SHORTLY it sees below $...
GS - any bounce is shortable longer term.
- GS got whacked early and kept trending lower on Monday. Why? GS said they have nearly $70 BILLION (yes, BILLION with a B) in illiquid assets on their...
GS - overpriced
- Stay out, this is probably the most overpriced stock on the big board at the moment. Investors are staying in GS as the "safe haven" for financials. I...
GS looks ready to roll over
- GS looks ready to roll over and follow the rest of its brethren to the dog house. Why anyone would think GS is immune to the fate of the financial's is...