Get Ready for Goldman Sachs to Bounce!

Filed under: Rumors, Scandals, Goldman Sachs Group (GS), Stock Picks

For weeks, Goldman Sachs has been swinging in the wind as the SEC charges were made, Senate hearings (chest pounding) were conducted and it was announced that the DOJ was investigating Goldman and the rest of the Wall Street banking club.

This week, I posted How Much Further Can Goldman Sachs Drop? at the behest of one of our editors. Today, amid the rumors that settlement talks are under way between Goldman Sachs and the SEC, I am wondering how much the stock will bounce when rumors become reality? I would bet a lot. I have bet a lot.

Continue reading Get Ready for Goldman Sachs to Bounce!

Get Ready for Goldman Sachs to Bounce! originally appeared on BloggingStocks on Sat, 22 May 2010 14:40:00 EST. Please see our terms for use of feeds.

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Goldman Sachs - Wall Street - United States Senate - Business - Investing

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