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Whitney downgrades Goldman Sachs ahead of report
Market Watch ^
| 10/13/09
| Greg Morcroft
Posted on 10/13/2009 9:27:02 PM PDT by TigerLikesRooster
Edited on 10/13/2009 9:41:50 PM PDT by Admin Moderator.
[history]
Noted analyst diverges with ratings cut, asks, 'why be greedy?
NEW YORK (MarketWatch) -- "Why be greedy?"
That's the question star analyst Meredith Whitney asked her well-heeled clients on Tuesday as she went against the grain of recent Wall Street punditry and cut her rating on shares of Goldman Sachs /quotes/comstock/13*!gs/quotes/nls/gs (GS 188.99, +1.76, +0.94%) to neutral from buy.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: downgrade; goldmansachs; meredithwhitney
To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2
posted on
10/13/2009 9:27:37 PM PDT
by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: TigerLikesRooster
Ruh Roh.
GS owns America. This will not go down well.
3
posted on
10/13/2009 9:41:59 PM PDT
by
The Comedian
(Evil can only succeed if good men don't point at it and laugh.)
To: TigerLikesRooster
Goldman Sachs owngraded? Quick, get the fleet of armored trucks to drive directly from the Bureau of Engraving and Printing to the Goldman vault.
4
posted on
10/13/2009 9:51:11 PM PDT
by
KarlInOhio
(Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
To: KarlInOhio
"Goldman Sachs owngraded?"It's not like GS bond rating was downgraded.
The analyst valued GS at 186. It went to 188. So she said "hold" or "stop buying".
yitbos
5
posted on
10/13/2009 10:02:00 PM PDT
by
bruinbirdman
("Those who control language control minds.")
To: bruinbirdman
Still worth a few truckloads of our money.
6
posted on
10/13/2009 10:03:22 PM PDT
by
KarlInOhio
(Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
To: KarlInOhio
The yield is 0.75%. You can only make bucks by selling GS.
yitbos
7
posted on
10/13/2009 10:07:34 PM PDT
by
bruinbirdman
("Those who control language control minds.")
To: KarlInOhio
“Noted analyst diverges with ratings cut, asks, ‘why be greedy?”
Tiger, GS common was @ $79 in Nov of 08 and is @ $186 today’s close. Not to infer that these crooked fargin bastigs are profiting handsomely in,in,in troubled times. This down grade probably means the platter has been temporarily sucked clean. More stim please.
Why be greedy, just take all you can get.
Rab
8
posted on
10/13/2009 10:18:11 PM PDT
by
Rabin
To: TigerLikesRooster
Gold starting at $1,060.00 today! Silver nearing $20 an ounce. Wa-Hoo!
9
posted on
10/14/2009 7:07:00 AM PDT
by
Diana in Wisconsin
(Save The Earth. It's The Only Planet With Chocolate.)
To: Rabin
"Not to infer that these crooked fargin bastigs are profiting handsomely in,in,in troubled times. "It should be remembered that half GS' competition, here and abroad, are no longer in business.
yitbos
10
posted on
10/14/2009 11:34:44 AM PDT
by
bruinbirdman
("Those who control language control minds.")
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