If you are that hungry, serve it up. Your guess most certainly will be as good as mine. Good luck with that.
I have no idea why the bottom hasn't dropped out yet, or what's keeping the market propped up! We had 10% correction on a Greek pop corn f--t. You would think with the threat of ME event, debt ceiling fight, fiscal deadlock, we would be 15% down. Can't figure this out. It has done OPPOSITE of what I expected thus far this year. GL.
The propping up is due to QE of $85 billion a month, now they are talking about increasing it to 100 billion a month free money. It is the free money that the bankers borrow (low interest) and invest it on the stock market for better return. Artificial manipulation of the FED for their banker friends.
Goldman's analysis was based on the thinking that Royal Dutch would spend less on non-productive projects and enhance cash flow thereby. They likened it to the success TOTAL has had with that procedure.
While I share your skepticism towards institutional analysis, I find merit in Goldman's analysis in this particular case. The way the stock is behaving seems to say to me that Goldman has already gotten on board and I believe their buying is acting like a floor under the stock.
Moreover, there is an opportunity cost to waiting for a lower price and missing getting in. You lose the dividend and then must make it up on the next trade. How confident are you that you can do this correctly?