If you’re a vulture, you would know that this has nothing to do with fundamentals.
I made a ton of money buying Toyota (TM) at $71.00 ( when it dropped from $94 because of the news ), waited till it rose to $80 and then put a stop loss at $78.5 ( it triggered a few days ago ).
I look at Goldman the same way. Congress showboated on Toyota and they’re doing the same thing on Goldman ( with very little to show for it ).
Thats true, but when you are being investigated by the Feds for criminal activity ... you can bet that your stock is not going to bottom today.
I say $120 before options expire in May.