GS at you own peril. SELL !
I assume you are referring to this article:http://www.reuters.com/article/marketsNews/idESBNG44555020090323?rpc=44This guy may be right, but I am not selling. If there is a significant sell-off, I'm buying.
The brokerage also cut its price target on the Southeast regional bank by $3 to $14 and lowered its 2009 earnings view to $1.10 from $1.25 on the bank.>>BBT is currently paying a dividend of $1.88 which simply cannot be maintained on $1.10 earnings. Can you imagine how the stock would have closed today in a normal market?