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Default Where does the Goldman Sachs money go??

On 26/04/2010 2:40 PM, Bill McKee wrote:
wrote in message
...
On Mon, 26 Apr 2010 06:10:56 -0600,
wrote:

On 25/04/2010 11:18 PM, wrote:
On Sun, 25 Apr 2010 21:34:40 -0600,
wrote:

On 25/04/2010 7:18 PM,
wrote:
On Sun, 25 Apr 2010 17:01:19 -0600,
wrote:

That might not be a bad idea to split them. But make no mistake,
Obama
is trying to scape goat them. Wants to look tough going into
Novemeber
for the PR of it.

I only hope the PR drives their stock down so I can get some cheap.
$10 would do it, $5 would be great.

Come on baby, papa needs a new boat!

Hahaha, you have the right idea. To steal the phrase, "That baby has
to
pay daddy!"

Think, if you bought GS when Obama got elected, you would be up 300%.

Heck, if it drops to $100 just might. But somehow don't think we will
see $5/share.


GS-A was $20.90 Friday, down about $2 in 2 days. It had been a $25
stock before the crash and dropped like a stone a couple years ago
with everything else. It recovered to $20-22 range. There is no reason
to believe it won't be back again as long as nothing serious happens
to Goldman and I don't expect it to.

Those are depositary shares. The common is GS. Don't know enough to
comment on depositary shares. But a quick look shows they might be
interesting if your after foreign content. But much would depend what
companies it represents and the details as I like a certain amount of
foreign content these days. If the Chinese ever let the Yuan float, the
USD would fall.



I was just looking for the shares with the most volatility
The preferred stock fit that bill.


Preferred's all over the board are being hit. As the interest rates may be
suspect.


Yes, but good things to buy if yu thing the company is good and interest
rates have peeked, Then they are priced right. Who knows, gfretwell
might se that $5.


--
Socialism and statism are great as long as someone else pays for it.
 
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