July 22, 2009

Mad props to Goldman Sachs

Yo! GS! Way to bust through the earnings estimates!!

And my thanks to the Fed's for the part they played in this. When I retire, I'll remember you all fondly. For now, I'm selling most of my stock. I don't believe these numbers are sustainable and I don't trust the management who are allowing the traders to run a overaggressive trading strategy.

I want to see Goldman go back to it's banker roots. When I see that, I'm back in at any price. Right now, though, the risk of loss is far too great.

Posted by mcblogger at July 22, 2009 02:24 PM

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