So...GS

[dmk112]

look at the daily chart. there is a gap right at $3.50. thats where i thought it could fall to but with this recent news who knows. i've been watching the daily volume closely over the past couple of weeks and it just hasnt been high enough for them to unload the 7.7 bil shares they are holding. i think they still own them and i can only pray that they are still of the mindset to start unloading them this week. i think the govt is stupid and that the right hand doesnt know what the left hand is doing or wants to do. so are they stupid and was it a stupid thing to open this can of worms just before they want to get rid of their shares, i would say yes! i just finished reading several articles on the google finance page and now the british and german govts are pissed off and are going to be starting their own investigations into the matter and starting their own suits.

you're short C? a $5 stock, don't know about that one. I think if you want to short something short a GOOG or another leader that has been breaking down

[dmk112]

I think this is going to turn out to be a joke. If GS thought they were guilty, wouldn't they settle? I think if anything, this is a buying opportunity. The GS pigs will never get caught. What about Paulson? Isn't he the one that chose what to put into these crappy funds? This is an Obama fiasco to gain points before the election in November.

[riverbabe]

A pretty good article on GS

Learned a lot about GS and ilk from this article today. Suddenly it all makes more sense. Hope you enjoy it too.

http://opinionator.blogs.nytimes.com/2010/04/29/goldman-still-greedy-no-longer-patient/?ref=opinion&nl=opinion&emc=tya1

[skiracer]

you're short C? a $5 stock, don't know about that one. I think if you want to short something short a GOOG or another leader that has been breaking down

that short on C held up all week in the potw this week for the gold. i bought the puts early monday a.m. and they're up +.03. the actual short trade is still down around down - .13 from my entry at todays close. between the govt selloff and the GS situation now escalating into what appears to be criminal charges being brought against Goldman Sachs by the FBI i think the financials are going to be weak overall. wait until all the individuals, hedge funds, institutional money starts to file the class action suits against every financial institution that advised them to buy and sold them these derivatives while going the other way comes into play. it is a open can of worms now and its going to be hard to put the lid back on the can.

[mrmarket]

Is it done tanking? I say not yet.

GS sure makes a crap load of money.