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Goldman Sach has bad quarter

CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
in Precious Metals
Linky

I wonder if they cashed out of a part of their silver shorts???
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

Comments

  • BigEBigE Posts: 6,949 ✭✭✭
    Thee is not too many who will feel bad for them. Maybe a bad quarter is better public relations than any ad campaign could have achieved?------BigE
    I'm glad I am a Tree
  • pmcollectourpmcollectour Posts: 1,211 ✭
    I think July and August would be a good time to buy some BAC and GS.
  • cohodkcohodk Posts: 19,102 ✭✭✭✭✭
    I bought GS ahead of the earnings yesterday at 129.50. Im not too worried. GS basically shut down their trading operations--tough to make $$$ when you dont play the game. Stock is trading at book value and still made $1.1 billion the last 3 months---$400 million more than a year ago.

    Maybe they were long silver?image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • johnny9434johnny9434 Posts: 28,307 ✭✭✭✭✭
    thats to bad they had a bad quarter. image
  • pakasmompakasmom Posts: 1,920 ✭
    Does anyone know why Bank of America reported such stunning losses for their 2nd quarter?
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭


    << <i>Does anyone know why Bank of America reported such stunning losses for their 2nd quarter? >>



    Simply google Bank of America second quarter report:

    Linky
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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